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The Global Joint Distribution of Income and Health
Wu, Ximing; Savvides, Andreas; Stengos, Thanasis - CESifo - 2008
unimodal one, the evolution of the health distribution has preceded that of income, global inequality and poverty has decreased …, global inequality and poverty would be substantially underestimated if the dependence between the income and health …
Persistent link: https://www.econbiz.de/10005196304
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Productivity as if Space Mattered: An Application to Factor Markets Across China
Cheng, Wenya; Morrow, John; Tacharoen, Kitjawat - CESifo - 2013
Although firms may face radically different production conditions, this dimension of firm heterogeneity is often overlooked. We model input demand across local factor markets, explicitly considering search costs which explain why firms care about both the price and availability of inputs. The...
Persistent link: https://www.econbiz.de/10010877649
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A 'Health Kuznets' Curve'? Cross-Country and Longitudinal Evidence
Costa-i-Font, Joan; Hernandez-Quevedo, Cristina; Sato, Azusa - CESifo - 2013
The distribution of income related health inequalities exhibits varying patterns when developing countries and … developed countries are examined. One explanation is the existence of a health Kuznets’ curve. This paper sets out as an … per capita) and income inequalities in health (as measured by concentration indices). We draw upon two datasets, the World …
Persistent link: https://www.econbiz.de/10010877671
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Economic Challenges in the Anthropocene
Musu, Ignazio - CESifo - 2013
The evolution during the Anthropocene is analyzed through the interaction between economic and technological development, characterized by the role of fossil fuels and by the progressive dominance of those with a higher energy and density power. The challenge is how to make the rising demand for...
Persistent link: https://www.econbiz.de/10010877706
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Do Natural Disasters Enhance Societal Trust?
Toya, Hideki; Skidmore, Mark - CESifo - 2012
In this paper we investigate the long- and short-run relationships between disasters and societal trust. A growing body research suggests that factors such as income inequality, ethnic fractionalization, and religious heritage are important determinants of social capital in general, and trust in...
Persistent link: https://www.econbiz.de/10010877834
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The New Stylized Facts about Income and Subjective Well-Being
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - CESifo - 2013
In recent decades economists have turned their attention to data that asks people how happy or satisfied they are with their lives. Much of the early research concluded that the role of income in determining well-being was limited, and that only income relative to others was related to...
Persistent link: https://www.econbiz.de/10010877842
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Firm Performance and Trade with Low-Income Countries: Evidence from China
Schmerer, Hans-Jörg; Wang, Luhang - CESifo - 2014
Do firms in developing countries shift trade towards developed economies as a result of high economic growth? The matched customs-manufacturing firm data used in this study confront this hypothesized link with empirical evidence. Our analysis reveals a rising low-income country trade share...
Persistent link: https://www.econbiz.de/10010888447
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Has Creative Destruction Become More Destructive?
Komlos, John - CESifo - 2014
Schumpeter’s concept of creative destruction as the engine of capitalist development is well-known. However, that the destructive part of creative destruction is a social cost and therefore biases our estimate of the impact of the innovation on NNP and on welfare is hardly acknowledged, with...
Persistent link: https://www.econbiz.de/10010888453
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No Price Like Home: Global House Prices, 1870-2012
Knoll, Katharina; Schularick, Moritz; Steger, Thomas - CESifo - 2014
How have house prices evolved over the long-run? This paper presents annual house prices for 14 advanced economies since 1870. Based on extensive data collection, we show that real house prices stayed constant from the 19th to the mid-20th century, but rose strongly during the second half of the...
Persistent link: https://www.econbiz.de/10011264744
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Characterizing the Sustainability Problem in an Exhaustible Resource Model
Mitra, Tapan; Asheim, Geir B.; Buchholz, Wolfgang; … - CESifo - 2012
The Dasgupta-Heal-Solow-Stiglitz model of capital accumulation and resource depletion poses the following sustainability problem: is it feasible to sustain indefinitely a level of consumption that is bounded away from zero? We provide a complete technological characterization of the...
Persistent link: https://www.econbiz.de/10010535632