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Capital Account Policies, IMF Programs and Growth in Developing Regions
Bicaba, Zorobabel; Brixiova, Zuzana; Ncube, Mthuli - Institute for the Study of Labor (IZA) - 2015
policymakers' beliefs about the impact of capital account liberalization on growth, under the 'Mundell's trilemma constraint. The …
Persistent link: https://www.econbiz.de/10011125876
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Birthplace Diversity and Economic Prosperity
Alesina, Alberto; Harnoss, Johann; Rapoport, Hillel - Institute for the Study of Labor (IZA) - 2013
We use recent immigration data from 195 countries and propose an index of population diversity based on people's birthplaces. This new index is then decomposed into a size (share of foreign born) and a variety (diversity of immigrants) component and is available for 1990 and 2000 disaggregated...
Persistent link: https://www.econbiz.de/10010718612
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Inclusive Growth: What Future for the European Social Model?
Schmid, Günther - Institute for the Study of Labor (IZA) - 2014
This essay starts, after a short introduction on the importance and dimensions of “inclusive growth”, with a brief …
Persistent link: https://www.econbiz.de/10010884390
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Globalization, Institutions, and the Ethnic Divide: Recent Longitudinal Evidence
Wunnava, Phanindra V.; Mitra, Aniruddha; Prasch, Robert E. - Institute for the Study of Labor (IZA) - 2012
This paper investigates the determinants of economic growth emphasizing the role of institutional quality, social … fragmentation, and increasing global integration on recent growth experience. Our longitudinal data consists of 103 countries … the security of property rights has played a critical role in promoting economic growth. Ethnic heterogeneity has been a …
Persistent link: https://www.econbiz.de/10011279247
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Religion and Innovation
Benabou, Roland; Ticchi, Davide; Vindigni, Andrea - Institute for the Study of Labor (IZA) - 2015
In earlier work (Bénabou, Ticchi and Vindigni 2013) we uncovered a robust negative association between religiosity and patents per capita, holding across countries as well as US states, with and without controls. In this paper we turn to the individual level, examining the relationship between...
Persistent link: https://www.econbiz.de/10011265295
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Growth, Colonization, and Institutional Development: In and Out of Africa
Bertocchi, Graziella - Institute for the Study of Labor (IZA) - 2011
This essay investigates the determinants of the growth performance of Africa. I start by illustrating a broader … institutional development. After reporting results from standard growth regressions, I analyze the role of Africa’s peculiar history …, which has been marked by its colonization experience. Next I discuss the potential growth impact of state fragility, a …
Persistent link: https://www.econbiz.de/10009216756
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Macroeconomic Effects of Ownership Structure in OECD Countries
Gatti, Donatella - Institute for the Study of Labor (IZA) - 2008
The paper investigates the impact of ownership concentration on GDP growth, for a sample of 18 OECD countries over the … period 1980 to 2004. The econometric analysis shows that more concentrated ownership can speed up growth, for countries … regulation, the logic of financial markets discipline applies and dispersed ownership appears as more favorable for growth. Based …
Persistent link: https://www.econbiz.de/10005763544
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Trust, Growth and Well-being: New Evidence and Policy Implications
Algan, Yann; Cahuc, Pierre - Institute for the Study of Labor (IZA) - 2013
This survey reviews the recent research on trust, institutions and growth. It discusses the various measures of trust …
Persistent link: https://www.econbiz.de/10010766380
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Risk, Institutions and Growth: Why England and Not China?
Greif, Avner; Iyigun, Murat; Sasson, Diego - Institute for the Study of Labor (IZA) - 2011
different growth trajectories if they differently motivate risk-taking. Historically, risk sharing institutions were selected … based on their cultural and institutional compatibility and not their unforeseen growth implications. We simulate our growth … previous growth-theoretic models to highlight that transitions can transpire even in the absence of exogenous productivity …
Persistent link: https://www.econbiz.de/10008926963
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On the Dynamics of Ethnic Fractionalization
Campos, Nauro F.; Kuzeyev, Vitaliy S. - Institute for the Study of Labor (IZA) - 2007
macroeconomic performance (that is, on per capita GDP growth). However, we find that dynamic ethnic fractionalization is negatively … related to growth (although this is still not the case for linguistic and religious fractionalization). These findings are …
Persistent link: https://www.econbiz.de/10005822423