Showing 1 - 10 of 50
This study uses a longitudinal data source to study the effects of conflict-induced displacement on labour market outcomes for Bosnians in post-war Bosnia and Herzegovina. To account for endogeneity in the displacement status, I exploit the fact that the level of violence in the pre-war...
Persistent link: https://www.econbiz.de/10010746697
autoregressive spatial lag panel data model with spatially correlated disturbances. In the spirit of Arellano and Bond (1991) and …
Persistent link: https://www.econbiz.de/10011125930
This paper investigates the efficiency wage hypothesis and derives a tractable expression for the profit loss incurred by deviations from the efficiency wage. The extent of the wage deviation can be inferred from production function parameters. The resulting profit loss shown to depend upon the...
Persistent link: https://www.econbiz.de/10010928709
decisions and time, and also empirically for a panel of manufacturing firms. These cautionary effects of uncertainty are large …
Persistent link: https://www.econbiz.de/10010928730
Disadvantaged groups tend also to constitute population minorities. One consequence of this is that the policies implemented by electorally accountable governments often fail to reflect minority interests. A policy solution is to enhance the political power of minority groups as a vehicle for...
Persistent link: https://www.econbiz.de/10010928746
Nonparametric regression is developed for data with both a temporal and a cross-sectional dimension. The model includes additive, unknown, individual-specific components and allows also for cross-sectional and temporal dependence and conditional heteroscedasticity. A simple nonparametric...
Persistent link: https://www.econbiz.de/10011268330
A dynamic panel data model is considered that contains possibly stochastic individual components and a common …
Persistent link: https://www.econbiz.de/10011171755
This paper reviews the cross-country record of economic growth, using as organizing framework how economic theory has guided that empirical analysis. The paper argues that recent studies of economic growth—both empirical and theoretical—distinguish from previous work in three distinct...
Persistent link: https://www.econbiz.de/10011071327
This paper models uctuations in regional disaggregates as a nonsta- tionary, dynamically evolving distribution. Doing so enables study of the dynamics of aggregate uctuations jointly with those of the rich cross-section of regional disaggregates. For the US, the leading state| regardless of...
Persistent link: https://www.econbiz.de/10010928698
This paper studies cross-country patterns of economic growth from the viewpoint of income distribution dynamics. Such a perspective raises new empirical and theoretical issues in growth analysis: the profound empirical regularity is an \emerging twin peaks" in the cross-sectional distribution,...
Persistent link: https://www.econbiz.de/10010928725