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Reexamining the Conditional Effect of Foreign Direct Investment
Bruno, Randolph Luca; Campos, Nauro F - Institute for the Study of Labor (IZA) - 2013
The prevailing consensus is that foreign direct investment (FDI) effects are conditional. At the macro level, they … FDI on performance. We find these effects tend to be larger in macro than in micro studies, and greater in low- than in …
Persistent link: https://www.econbiz.de/10010670820
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Inflation, Minimum Wage and Other Wages: An Econometric Study on French Macroeconomic Data
L'Horty, Yannick; Rault, Christophe - Institute for the Study of Labor (IZA) - 2003
This paper examines the set of interdependences between the formation of wages, prices and the minimum wage (SMIC) through a vectorial error correction model estimated on French quarterly macroeconomic data covering the 1970-1/1999-4 period. Two periods are distinguished: the period of inflation...
Persistent link: https://www.econbiz.de/10005233863
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The Determinants of Foreign Direct Investment Flows to the Federal Region of Kurdistan
Heshmati, Almas; Davis, Rhona - Institute for the Study of Labor (IZA) - 2007
The flow of foreign direct investment (FDI) has increased dramatically in the last two decades. However, the … distribution of FDI is highly unequal and the competition among countries to attract foreign investors is fierce. This report … investigates the determinants of FDI inflows to developing countries in general and to the Federal Region of Kurdistan (FRK) in …
Persistent link: https://www.econbiz.de/10005762073
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The Effect of Renewable Energy Development on Carbon Emission Reduction: An Empirical Analysis for the EU-15 Countries
Abolhosseini, Shahrouz; Heshmati, Almas; Altmann, Jörn - Institute for the Study of Labor (IZA) - 2014
reduction. The empirical results are based on a panel data estimation using the EU-15 countries data observed from 1995 to 2010 …
Persistent link: https://www.econbiz.de/10010884245
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The Biocultural Origins of Human Capital Formation
Galor, Oded; Klemp, Marc - Institute for the Study of Labor (IZA) - 2014
This research explores the biocultural origins of human capital formation. It presents the first evidence that moderate fecundity and thus predisposition towards investment in child quality was conducive for long-run reproductive success within the human species. Using an extensive genealogical...
Persistent link: https://www.econbiz.de/10010959539
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The Agricultural Origins of Time Preference
Galor, Oded; Özak, Ömer - Institute for the Study of Labor (IZA) - 2014
This research explores the origins of the distribution of time preference across regions. It advances the hypothesis and establishes empirically, that geographical variations in natural land productivity and their impact on the return to agricultural investment have had a persistent effect on...
Persistent link: https://www.econbiz.de/10010959583
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Volatility and Growth: Governments are Key
Jetter, Michael - Institute for the Study of Labor (IZA) - 2013
There exists a persistent disagreement in the literature over the effect of business cycles on economic growth. This paper offers a solution to this disagreement, suggesting that volatility carries a positive direct effect, but also a negative indirect effect, operating through the insurance...
Persistent link: https://www.econbiz.de/10010959641
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The Asymmetric Experience of Positive and Negative Economic Growth: Global Evidence Using Subjective Well-Being Data
De Neve, Jan-Emmanuel; Ward, George W.; De Keulenaer, Femke - Institute for the Study of Labor (IZA) - 2015
Are individuals more sensitive to losses than gains in terms of economic growth? Using subjective well-being data, we observe an asymmetry in the way positive and negative economic growth are experienced. We find that measures of life satisfaction and affect are more than twice as sensitive to...
Persistent link: https://www.econbiz.de/10011210821
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Declining Fertility and Economic Well-Being: Do Education and Health Ride to the Rescue?
Prettner, Klaus; Bloom, David E.; Strulik, Holger - Institute for the Study of Labor (IZA) - 2012
It is widely argued that declining fertility slows the pace of economic growth in industrialized countries through its negative effect on labor supply. There are, however, theoretical arguments suggesting that the effect of falling fertility on effective labor supply can be offset by associated...
Persistent link: https://www.econbiz.de/10011279243
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Human Capital, Economic Growth, and Inequality in China
Heckman, James J.; Yi, Junjian - Institute for the Study of Labor (IZA) - 2012
China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled labor acquired before economic reforms began. As development proceeded, the demand for high skilled labor has grown, and, in the past decade, China has made substantial...
Persistent link: https://www.econbiz.de/10011279336