The aim of this paper is to examine the impact of increased trade on wage inequality in developing countries, and whether a higher human capital stock moderates this effect. We look at the skilled-unskilled wage differential. High initial endowments of human capital imply a more egalitarian...

The aim of this paper is to examine the impact of increased trade on wage inequality in developing countries, and whether a higher human capital stock moderates this effect. We look at the skilled-unskilled wage differential. High initial endowments of human capital imply a more egalitarian...

This paper investigates the effects of inequality in health on economic growth in low and middle income countries. The empirical part of the paper uses an original cross-national panel data set covering 62 low and middle income countries over the period 1985 to 2007. I find a substantial and...

The strong recovery of aggregate macroeconomic variables reopened the debate about the long-term development strategy of Argentina. As a contribution to this debate we develop a Scandinavian version of the dependent economy model and discuss the complex task of economic diversification in...

The strong recovery of aggregate macroeconomic variables reopened the debate about the long-term development strategy of Argentina. As a contribution to this debate we develop a Scandinavian version of the dependent economy model and discuss the complex task of economic diversification in...

In the macroeconomics of developing countries, the government's fiscal response to external finance is exclusively studied using an optimization framework. This approach not only is inherently inconsistent by diverges from the reality in developing countires in general and African economies in...