Showing 1 - 10 of 53
This paper provides estimates for the Mercosur countries of the Frisch elasticity – i.e., the elasticity of …, with estimated elasticities ranging from 12.8 in Argentina to -13.1 in Paraguay. Brazil and Uruguay are in between, both … main reason behind the negative estimates found in Brazil, Paraguay and Uruguay. The heterogeneity of these estimates is …
Persistent link: https://www.econbiz.de/10009323386
Despite increasing average real family incomes in Costa Rica in the late 1990s and early 2000s, poverty rates did not fall. In this paper, we argue that during this period economic growth in Costa Rica did not translate into reduced poverty because of changes in family structure and in the labor...
Persistent link: https://www.econbiz.de/10005822543
We document changes in income and earnings inequality in the five Central American countries from the early 1990s to 2009. In the 1990s Costa Rica had the most equal distribution of income in Central America, and one of the most equal distributions of income in Latin America. At the other...
Persistent link: https://www.econbiz.de/10010796448
Taking advantage of a complex minimum wage structure in Honduras, this paper examines how changes in minimum wages over the 1990-2004 period affect unemployment as well as the employment and average wages of workers in different sectors of the economy: medium and large-scale firms v. small firms...
Persistent link: https://www.econbiz.de/10005762034
In this paper I use a unique data set from Nicaragua to asses the behavior of persons who send money back home. I estimate a heteroskedastic Tobit with a known form of variance to estimate the correlation of the remitting decisions of migrants. Working, residing in a developed country and...
Persistent link: https://www.econbiz.de/10005763450
In the last two decades remittances have gained interest due to their large size. For several developing countries remittances constitute a large portion of their GDP and sometimes exceed FDI. While FDIs are usually profit driven, it is not clear what the driving force behind remittances is....
Persistent link: https://www.econbiz.de/10005763664
To be competitive in the global economy, some argue that Latin American countries need to reduce or eliminate labor market regulations such as minimum wage legislation because they constrain job creation and hence increase poverty. On the other hand, minimum wage increases can have a direct...
Persistent link: https://www.econbiz.de/10005233752
through the extension of franchise. This is because democracy always implements a highly redistributive fiscal policy, which … makes fighting hard incentive-compatible for the citizens-soldiers. We show that a transition to democracy is more likely to …
Persistent link: https://www.econbiz.de/10005822286
Using a new set of micro evidence from an original survey of 28 transition countries, we show that democracy increases … reformist parties in the former socialist block lies in a deepening of democracy. …
Persistent link: https://www.econbiz.de/10005822609
Praktisch alle wirtschaftlich entwickelten Länder der Welt sind demokratisch. Sind demokratische Strukturen also kausal für wirtschaftlichen Wohlstand und Wachstum? Oder ist es vielmehr der wirtschaftliche Entwicklungsstand eines Landes, der eine Demokratie erst ermöglicht? Dieser Artikel...
Persistent link: https://www.econbiz.de/10005822946