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The engagement in the non-agricultural sector as a risk-mitigating strategy in rural Pakistan
Rajadel, Tania - HAL - 2004
-agricultural sector is considered as a risk-mitigating strategy by rural Pakistani households. This issue has already been addressed but … whether ex ante engagement in the non-agricultural sector is partly motivated by a desire to mitigate risk. The main feature …
Persistent link: https://www.econbiz.de/10010750552
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The sensitivity of Fama-French factors to economic uncertainty
Charles, Amélie; Darné, Olivier; Moussa, Zakaria - HAL - 2014
December 2011. We examine the extent, speed and duration of response of the three (market, size and value) risk premia to … and economic policy uncertainties on value risk premia during the high volatility regime. This finding imply that … value risk premia are confirmed. We find a negative relationship between the market risk premium and the change in the …
Persistent link: https://www.econbiz.de/10010899308
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Social Capital as an Engine of Growth: Multisectoral Modelling and Implications
Bofota, Youyou Baende; Boucekkine, Raouf; Bala, Alain Pholo - HAL - 2012
We propose a multisector endogenous growth model incorporating social capital. Social capital only serves as input in the production of human capital and it involves a cost in terms of the final good. We show that in contrast to existing alternative specifications, this setting assures that...
Persistent link: https://www.econbiz.de/10010933921
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Effects of urbanization on economic growth and human capital formation in Africa
Arouri, Mohamed El Hedi; Youssef, Adel Ben; … - HAL - 2014
The objective of this paper is to investigate the impacts of urbanization on human capital andeconomic growth in Africa. It seeks to contribute to the urbanization-growth debate byinvestigating how urbanization is linked to human capital accumulation and economic growth.More precisely, compared...
Persistent link: https://www.econbiz.de/10010930231
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Financial integration and financial development in transition economies : what happens during financial crises ?
Brezigar-Masten, Arjana; Coricelli, Fabrizio; Masten, Igor - HAL - 2010
This papers provides an empirical analysis of the role of financial development and financial integration in the growth dynamics of transition countries. We focus on the role of financial integration in determining the impact of financial development on growth, distinguishing "normal times" from...
Persistent link: https://www.econbiz.de/10010549087
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Is High Public Debt Always Harmful to Economic Growth? Reinhart and Rogoff and some complex nonlinearities
Minea, Alexandru; Parent, Antoine - HAL - 2012
In their already-famous 2010 article "Growth-in-a-Time-of-Debt" (AER-100(2)-pp.-573-78), Carmen Reinhart and Kenneth Rogoff show that average post-WW2 economic growth is dramatically declining in advanced economies, once the debt-to-GDP ratio is above a 90% threshold. We explore the relevance of...
Persistent link: https://www.econbiz.de/10010550439
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Distribution and Growth in France (1982-2006): A Cointegrated VAR Approach
Allain, Olivier; Canry, Nicolas - HAL - 2007
In this article, we propose a simple Post Keynesian model so as to test whether French economy is wage or profit-led i.e. whether a wage share increase has a negative or positive impact on economic growth. In that perspective, we estimate econometrically the three behaviour equations of our...
Persistent link: https://www.econbiz.de/10010750444
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Distributed Lag Models and Economic Growth: Evidence from Cameroon
Fouda, Boniface Bounoung - HAL - 2010
This paper studies the intertemporal effects of various economic variables on the cameroonian growth. Using a Geometric Lag Model, we find out that 50% of the total effect of variables used is accomplished in less than half of a year. When we employ a Polynomial Distributed Lag, we find out that...
Persistent link: https://www.econbiz.de/10010751004
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Real Exchange Rate and Economic Growth: Evidence from Chinese Provincial Data (1992 - 2008)
Chen, Jinzhao - HAL - 2012
provincial level. Using informal growth equation à la Barro [1991] and dynamic panel data estimation, we find conditional …
Persistent link: https://www.econbiz.de/10010738816
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The Great Happiness Moderation
Clark, Andrew E.; Flèche, Sarah; Senik, Claudia - HAL - 2012
much. Behind the veil of ignorance, lower happiness inequality would certainly be considered as attractive by risk …
Persistent link: https://www.econbiz.de/10010738897