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Developing and emerging economies have high entrepreneurship rates and relatively many small firms. There is enormous heterogeneity among these firms and entrepreneurs. This paper presents a simple occupational choice model that captures motives for entrepreneurship at both edges of the size...
Persistent link: https://www.econbiz.de/10010884341
1950s. Finally, we turn to the determinants of a broad array of development indicators for the year 1960 and for the 1960 …
Persistent link: https://www.econbiz.de/10009325443
We study the evolution of racial educational inequality across US states from 1940 to 2000. We show that throughout this period, despite evidence of convergence, the racial gap in attainment between blacks and whites has been persistently determined by the initial gap. We obtain these results...
Persistent link: https://www.econbiz.de/10009395439
We investigate the impact of slavery on the current performances of the US economy. Over a cross section of counties, we find that the legacy of slavery does not affect current income per capita, but does affect current income inequality. In other words, those counties that displayed a higher...
Persistent link: https://www.econbiz.de/10008742948
path. Hence, we examine the effectiveness of different development policies to exit the poverty trap. Our numerical …
Persistent link: https://www.econbiz.de/10010733809
economic development. If the sociopolitical, legal and economic transformations in the Anglo-Saxon world in the last three …
Persistent link: https://www.econbiz.de/10010584367
We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...
Persistent link: https://www.econbiz.de/10008682244
As China exhibited unprecedented rapid economic growth ever since its reform and openness, the development and sources … of labor productivity has gradually come to the forefront. This paper studies the development and the source of labor …
Persistent link: https://www.econbiz.de/10009416957
domestic economy, but it will also affect the international trading markets. In addition, it will affect the West Africa region …
Persistent link: https://www.econbiz.de/10009294829
In recent years, the private sector has been recognized as a key engine of Africa's economic development. Yet, the most … sector countries are concentrated in Western Africa (Cote d'Ivoire, Guinea, Niger, Senegal and Togo), Central Africa … (Cameroun, Republic of Congo) and Eastern Africa (Kenya, Sudan, Uganda and Tanzania), with the addition of Mauritius. Countries …
Persistent link: https://www.econbiz.de/10009416934