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Non-farm employment in small-scale enterprises in Romania: policy and development issues
Davis, Junior; Gaburici, Angela - EconWPA - 2005
The aim of this paper is to summarise the results of a non-farm micro- enterprise survey in rural and peri-urban Romania and to examine their impact on the development of sustainable rural livelihoods. As these firms operate in fixed locations and are therefore more easily located and observed,...
Persistent link: https://www.econbiz.de/10005118782
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Mortality Rate and Property Rights in a Model with Human Capital and R&D
Sequeira, Tiago - EconWPA - 2004
We use a set of established growth models, which simultaneously include human capital and R&D, to show that the effect of mortality rate in human capital accumulation is quantitatively more important than the effect of perfectly guaranteed patents on research. First, we show that the effect of...
Persistent link: https://www.econbiz.de/10005407750
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Early Starts, Reversals and Catchup in The Process of Economic Development
Chanda, Areendam; Putterman, Louis - EconWPA - 2004
Early states like China, India, Italy and Greece have been experiencing more rapid economic growth in recent decades than have later-comers to agriculture and statehood like New Guinea, the Congo, and Uruguay. We show that more rapid growth by early starters has been the norm in economic...
Persistent link: https://www.econbiz.de/10005118750
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Introducing a scale of market shocks
Zumbach, Gilles O.; Dacorogna, Michel M.; Olsen, Jorgen L. - EconWPA - 2004
Two 'event' scales for financial markets, called 'scale of market shocks' (SMS), are introduced, which measure the importance of the market movements. These indices are based on the price volatility and are computed by integrating mapped asset volatilities over time horizons that range from 1...
Persistent link: https://www.econbiz.de/10005076995
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Asset measurement in the costing of government services
EconWPA; Steering Committee for the Review of … - 2001
Differences in asset measurement techniques can have a major impact on reported capital costs. Their influence on total … that different methods of asset measurement could lead to quite large variations in reported capital costs. Considered in … the context of total unit costs, however, the differences created by these asset measurement effects were relatively small …
Persistent link: https://www.econbiz.de/10005125897
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The Discounted Economic Stock of Money with VAR Forecasting
Barnett, William; Chae, Unja; Keating, John - EconWPA - 2005
We measure the United States capital stock of money implied by the Divisia monetary aggregate service flow, in a manner consistent with the present-value model of economic capital stock. We permit non-martingale expectations and time varying discount rates. Based on Barnett’s (1991) definition...
Persistent link: https://www.econbiz.de/10005412591
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THE HIDDEN INEQUALITY IN SOCIALISM
Henderson, David; McNab, Robert M; Rozsas, Tamas - EconWPA - 2004
In the same time period over which the former socialist countries of Eastern Europe and Central Asia became freer, measured inequality of income for those countries increased. Researchers linked the increase to the egalitarian values of socialism and to the process of economic and political...
Persistent link: https://www.econbiz.de/10005118811
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Understanding Social Capital: Its Nature and Manifestiations in Rural Canada
Reimer, Bill - EconWPA - 2005
This presentation discusses an interpretation and analysis of social capital that is strongly integrated into a framework of social relations. We argue that social capital is organized in four fundamental types of social relations: market, bureaucratic, associative, and communal. Each type of...
Persistent link: https://www.econbiz.de/10005118864
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Simulating the Impact of Policy upon Chronic and Transitory Poverty in Rural Pakistan
McCulloch, Neil; Baulch, Bob - EconWPA - 2000
Anti-poverty programs often seek to improve their impact by targeting households for assistance according to one or … extent to which poverty is caused by fluctuations in welfare as well as the long-run level of welfare, using the IFPRI … the poverty impact of policies designed to increase mean incomes ('growth' policies) and those designed to even out …
Persistent link: https://www.econbiz.de/10005119120
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Measuring the Degree of Efficiency of Financial Market
Los, Cornelis - EconWPA - 2004
market risk is needed. This new risk concept should allow for the measurement of the degree of market efficiency, which is …
Persistent link: https://www.econbiz.de/10005561619