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The Welfare Impact of Price Changes on Household Welfare and Inequality 1999-2010
Loughrey, Jason; O'Donoghue, Cathal - Institute for the Study of Labor (IZA) - 2011
This paper provides a single welfare measure to show the effects of consumer price changes upon households in Ireland between 1999 and 2010. This measure combines an efficiency component using a Linear Expenditure System (LES) and an equity component using the Atkinson Social Welfare Function....
Persistent link: https://www.econbiz.de/10009024603
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Intergenerational Persistence in Health in Developing Countries: The Penalty of Gender Inequality?
Bhalotra, Sonia R.; Rawlings, Samantha - Institute for the Study of Labor (IZA) - 2010
This paper is motivated to investigate the often neglected payoff to investments in the health of girls and women in terms of next generation outcomes. This paper investigates the intergenerational persistence of health across time and region as well as across the distribution of maternal...
Persistent link: https://www.econbiz.de/10008764588
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Cross Sections Are History
Easterlin, Richard A. - Institute for the Study of Labor (IZA) - 2013
Although cross section relationships are often taken to indicate causation, and especially the important impact of economic growth on many social phenomena, they may, in fact, merely reflect historical experience, that is, similar leader-follower country patterns for variables that are causally...
Persistent link: https://www.econbiz.de/10010638878
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Modern Economic Growth and Quality of Life: Cross Sectional and Time Series Evidence
Easterlin, Richard A.; Angelescu, Laura - Institute for the Study of Labor (IZA) - 2007
To what extent are improvements in quality of life (material living levels, health, education, political and civil rights, happiness, and the like) associated with economic growth? International comparisons of quality of life (QoL) conditions almost always point to a strong positive association...
Persistent link: https://www.econbiz.de/10005703354
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Are We There Yet? Time for Checks and Balances on New Institutionalism
Iyigun, Murat - Institute for the Study of Labor (IZA) - 2012
New institutionalism has had considerable success during the last decade in shepherding the debate on sustained economic development. If the sociopolitical, legal and economic transformations in the Anglo-Saxon world in the last three decades prove anything, however, it is that the late Mancur...
Persistent link: https://www.econbiz.de/10010584367
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Does Conflict Disrupt Growth? Evidence of the Relationship between Political Instability and National Economic Performance
Polachek, Solomon; Sevastianova, Daria - Institute for the Study of Labor (IZA) - 2010
Current empirical growth models limit the determinants of country growth to geographic, economic, and institutional variables. This study draws on conflict variables from the Correlates of War (COW) project to ask a critical question: How do different types of conflict affect country growth...
Persistent link: https://www.econbiz.de/10008615443
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International Financial Integration and Real Exchange Rate Long-Run Dynamics in Emerging Countries: Some Panel Evidence
Caporale, Guglielmo Maria; Hadj Amor, Thouraya; Rault, … - Institute for the Study of Labor (IZA) - 2009
The aim of this paper is to provide new empirical evidence on the impact of international financial integration on the long-run Real Exchange Rate (RER) in 39 developing countries belonging to three different geographical regions (Latin America, Asia and MENA). It covers the period 1979-2004,...
Persistent link: https://www.econbiz.de/10005762383
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Envy, Guilt, and the Phillips Curve
Ahrens, Steffen; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2012
contracts and positive inflation. Workers with relatively low incomes experience envy, whereas those with relatively high … incomes experience guilt. The former seek to raise their income, and latter seek to reduce it. The greater the inflation rate …, a rise in the inflation rate leads workers to supply more labor over the contract period, generating a significant …
Persistent link: https://www.econbiz.de/10009646332
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The US Inflation-Unemployment Tradeoff: Methodological Issues and Further Evidence
Karanassou, Marika; Sala, Hector - Institute for the Study of Labor (IZA) - 2009
chain reactions, and provides new evidence on the long-run inflation-unemployment tradeoff in the US. It is argued that … inflation/unemployment responses to money growth shocks. SVAR (structural vector autoregression) and GMM (generalised method of … and real sides of the economy are symbiotic. In the light of the significant and robust long-run inflation …
Persistent link: https://www.econbiz.de/10005030883
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Search Frictions on Product and Labor Markets: Money in the Matching Function
Lehmann, Etienne; Linden, Bruno Van der - Institute for the Study of Labor (IZA) - 2007
not efficient. Inflation is detrimental to unemployment. …
Persistent link: https://www.econbiz.de/10005700844