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Hausmann, Ricardo; Pritchett, Lant; Rodrik, Dani - C.E.P.R. Discussion Papers - 2004

Unlike most cross-country growth analyses, we focus on turning points in growth performance. We look for instances of rapid acceleration in economic growth that are sustained for at least eight years and identify more than 80 such episodes since the 1950s. Growth accelerations tend to be...

Persistent link: https://www.econbiz.de/10005067354

Privatization, Efficiency and Economic Growth

Gylfason, Thorvaldur - C.E.P.R. Discussion Papers - 1998

Privatization is shown to increase national economic output in a two-sector full-employment general-equilibrium model …, or stabilization. The static output gain from reallocation and reorganization through privatization is captured in a …. Substitution of plausible parameter values into the formula indicates that, in practice, the static output gain from privatization …

Persistent link: https://www.econbiz.de/10005504670

Demand-Driven Financial Development

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1995

The historical record suggests that economic development is associated with the rise of the financial sector. This rise is often triggered by exogenous events such as large budget deficits generated by wars or the availability of large investment projects such as railroads. This paper discusses...

Persistent link: https://www.econbiz.de/10005789013

Seasonal Migration and Risk Aversion

Bryan, Gharad; Chowdhury, Shyamal; Mobarak, Ahmed Mushfiq - C.E.P.R. Discussion Papers - 2012

in Bangladesh to out-migrate during the lean season, and document a set of striking facts. The incentive induces 22% of …

Persistent link: https://www.econbiz.de/10011083312

Post-Reform East and West: Capital Accumulation and the Labor Mobility Constraint

Wyplosz, Charles - C.E.P.R. Discussion Papers - 1991

Assuming that economic reforms are successful in Eastern Europe, what will be the effects on Western Europe? The focus is on the wage pressure that the threat of migration from East to West is likely to impose. The paper adopts a Ramsey model of intertemporal choice, for both individuals and...

Persistent link: https://www.econbiz.de/10005504320

Earnings, Schooling and Economic Reform: New Econometric Evidence

Campos, Nauro F; Jolliffe, Dean - C.E.P.R. Discussion Papers - 2004

How does the relationship between earnings and schooling change with the introduction of comprehensive economic reform? This Paper uses a unique dataset (covering about 3 million Hungarian wage earners, from 1986 to 1998) and a novel procedure to correct sample selection bias (based on DiNardo,...

Persistent link: https://www.econbiz.de/10005498066

Economic and Political Liberalizations

Giavazzi, Francesco; Tabellini, Guido - C.E.P.R. Discussion Papers - 2004

This Paper studies empirically the effects of and the interactions amongst economic and political liberalizations. Economic liberalizations are measured by a widely used indicator that captures the scope of the market in the economy, and in particular of policies towards freer international...

Persistent link: https://www.econbiz.de/10005661576

Transition Problems in Economic Reform: Agriculture in the Mexico-US Free Trade Agreement

Levy, Santiago; van Wijnbergen, Sweder - C.E.P.R. Discussion Papers - 1992

At what speed should Mexican agriculture be incorporated into the North American Free Trade Agreement (FTA)? What policies should characterize the transition? We use Mexican agriculture as a case study to analyse the transition problems that arise in most major economic reforms. In particular,...

Persistent link: https://www.econbiz.de/10005662171

Monetary Regimes and Labour Market Reform

Sibert, Anne; Sutherland, Alan - C.E.P.R. Discussion Papers - 1997

Policy-makers’ incentives to undertake costly reform depends on the international monetary system. We consider the effect of monetary regimes on labour market reform. We find international negotiation of monetary policy produces less reform than non-cooperation. Reform is lowest of all with...

Persistent link: https://www.econbiz.de/10005789019

Tax Reform, Trade Liberalisation and Industrial Restructuring in Hungary

Newbery, David M G - C.E.P.R. Discussion Papers - 1990

of capital market reform and privatization are briefly discussed. …

Persistent link: https://www.econbiz.de/10005789114