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The Dynamics of Returns to Education in Kenyan and Tanzanian Manufacturing

Söderbom, Måns; Teal, Francis; Wambugu, Anthony; … - EconWPA - 2004

this paper we use data from Kenya and Tanzania to estimate returns to education for manufacturing workers and examine how … in Kenya.We test for the importance of ability bias and find convexity robust to endogeneity. Treating education as an …

Persistent link: https://www.econbiz.de/10005118714

The Institutional Character of Electronic Money Schemes: Redeemability and the Unit of Account

Schmitz, Stefan W. - EconWPA - 2002

A number of commentators have argued that technological innovation is about to change the institutional structure of …

Persistent link: https://www.econbiz.de/10005076672

Carl Menger’s “Money” and the Current Neoclassical Models of Money

Schmitz, Stefan W. - EconWPA - 2002

The paper analyzes three neoclassical models of money with emphasis on the equilibrium concepts employed. It is argued that the neoclassical theories fail to analyze the emergence of the social institution of money. Instead, they focus on the consistency of individual decisions regarding the...

Persistent link: https://www.econbiz.de/10005126420

The Demand for Stored Value Payment Instruments

Ingo, Pippow; Detlef, Schoder - EconWPA - 2002

Due to their functionality, stored value purses based on smart card technology are prominent candidates for being the dominant medium of exchange for micropayments. However, the overall prospects of these payment systems are yet ambiguous, both from the perspective of practice and monetary...

Persistent link: https://www.econbiz.de/10005134968

Doing Without Money: A critical assessment of Woodford's analysis.

Rogers, Colin - EconWPA - 2004

Woodford employs an inter-temporal general equilibrium model to examine the properties of the monetary system as it evolves form the use of a physical medium of exchange to an electronic medium. He presents a structure in which cash as a means of payment can be made to vanish at the limit but...

Persistent link: https://www.econbiz.de/10005412546

Die Auswirkungen von Zahlungsverkehrs¬innovationen auf die Geldpolitik

Schmitz, Stefan W. - EconWPA - 2005

This paper analyses the effects of innovations in retail payment systems on the conduct and implementation of monetary policy. Recent innovations in retail payment systems (access products and electronic money products) are placed in the context of historical institutional change in the...

Persistent link: https://www.econbiz.de/10005412855

Electronic Money, Money, and Banking Intermediation (Monnaie électronique, monnaie et intermédiation bancaire)

Piffaretti, Nadia F. - EconWPA - 2000

Extensive theoretical analysis of electronic money and electronic money systems based on quantum theoretical approach. Fundamental critique to traditional approach to electronic money.

Persistent link: https://www.econbiz.de/10005561263

Monitoring Banking Sector Fragility

Kibritcioglu, Aykut - EconWPA - 2002

In the financial crisis literature, it is usually argued that, contrary to the case of currency crises, building a time series index to identify banking crisis episodes is highly difficult, particularly because of the lack of reliable data on banking sector variables (non-performing loans,...

Persistent link: https://www.econbiz.de/10005126447

Working-age Adult Mortality and Primary Sschool Attendance in Rural Kenya

Yamano, Takashi; Jayne, Thomas S. - EconWPA - 2005

The rapid increase in adult mortality due to the AIDS epidemic in sub- Saharan Africa raises great concern about its … rural Kenya using a panel of 1,266 households surveyed in 1997, 2000, and 2002. We find a strong correlation between working … adult death. The evidence indicates that rising adult mortality in rural Kenya is adversely affecting primary school …

Persistent link: https://www.econbiz.de/10005062404

THE WORLD ECONOMIES AND DEVELOPMENT GOALS

NWAOBI, DR. GODWIN CHUKWUDUM - EconWPA - 2004

DEVELOPMENT IS THE MOST IMPORTANT CHALLENGE FACING THE HUMAN RACE BUT THE PROCESSES DRIVING ECONOMIC DEVELOPMENT ARE BY NO MEANS FULLY UNDERSTOOD. HOWEVER, THE CORE CHALLENGE FOR DEVELOPMENT IS TO ENSURE PRODUCTIVE WORK AND A BETTER QUALITY OF LIFE FOR ALL THE PEOPLE OF THE WORLD. THIS CHALLENGE...

Persistent link: https://www.econbiz.de/10005125934