Showing 1 - 10 of 27
While high fertility persists in the poorest countries and fertility declines with per capita income in developing countries, fertility and per capita income are now positively associated across most developed countries. This paper presents a model where a Ushaped relationship between overall...
Persistent link: https://www.econbiz.de/10010904254
China's demographic dividend now lies in the past, alternative assumptions about future trends in fertility and labor force … participation rates are used to demonstrate that China will not necessarily enter a period of “demographic taxation” for at least … another decade, if not longer. In contrast with China, much of India's potential demographic dividend lies in waiting for the …
Persistent link: https://www.econbiz.de/10011201639
The timing of China‘s and India‘s demographic transitions and the implications of alternative fertility scenarios are … China will be comparatively flat, the positive contribution of declining youth dependency to real per capita income will not …
Persistent link: https://www.econbiz.de/10011186026
This paper attempts to estimate a model of inflation in Tajikistan using the Johanson cointegration approach and single equation error correction model. It also develops a methodology for creating monthly real output series. The paper investigates both the short run dynamic behaviour of...
Persistent link: https://www.econbiz.de/10010607711
This paper shows that unit labor costs (ulcs), the most widely used measure of competitiveness, can be interpreted as the labor share in output multiplied by a price-adjustment factor. This has three main implications. First, ulcs are not just a technical concept since they embody the social...
Persistent link: https://www.econbiz.de/10010607756
The objective of this paper is to examine whether financial development leads to economic growth or vice versa in the small open economy of Malaysia. We argue that the results obtained from cross-sectional studies are not able to address this issue satisfactorily and highlight the importance of...
Persistent link: https://www.econbiz.de/10010904250
Although theory emphasizes the role of financial market frictions in explaining income inequality, there is little empirical research exploring how financial development and financial sector reforms influence the evolution of income inequality. This paper examines how finance impacts on income...
Persistent link: https://www.econbiz.de/10010904303
The sending of remittances is a decentralised decision of migrant workers, nevertheless it has its macroeconomic implication in providing insurance against domestic output shocks in the recipient economies – a phenomenon known in literature as risk sharing. Using a large sample of 86...
Persistent link: https://www.econbiz.de/10010860356
This paper investigates the effects of taxation on migration. It develops a stylized, two-country model to examine the impact of taxation on labor mobility. The theoretical prediction that taxation affects migration decisions is supported by some empirical evidence for the ASEAN and APEC...
Persistent link: https://www.econbiz.de/10010904259
This study shows that despite a strong empirical association between gender differentials in enrolment ratios and democracy, that democracy alone does not explain gender differentials in education in Africa and Asia. The results indicate that income, employment in agriculture, religious...
Persistent link: https://www.econbiz.de/10010904289