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We study how financial development affects economic development and wage inequality. We use a large expansion of government-owned banks into Brazilian cities with low bank branch coverage and combine it with data on the universe of employees from 2000-2014. We find that higher financial...
Persistent link: https://www.econbiz.de/10013210085
Urbanization is the single most important transformation that the African continent will undergo this century. More … than half of Africa's population will live in its cities by 2040. In the face of rapid urbanization, there is a narrow … through the urbanization process and in some countries, a large number of people reside in rural areas. Rapid urbanization, if …
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opportunities to better manage Greater Kampala's urbanization. Section 3 addresses the business constraints which Kampala's formal …
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when urbanization is low and consequent pressure on the land keeps rural incomes low, making agents willing to incur high … risks of "underemployment" in the urban informal sector, and eventually falls after urbanization and consequently rural …
Persistent link: https://www.econbiz.de/10012475247
In "Happiness and the Human Development Index: The Paradox of Australia," Blanchflower and Oswald (2005) observe an … apparent puzzle: they claim that Australia ranks highly in the Human Development Index (HDI), but relatively poorly in … happiness. However, when we compare their happiness data with the HDI, Australia appears happier, not sadder, than its HDI score …
Persistent link: https://www.econbiz.de/10012466746
According to the well-being measure known as the U.N. Human Development Index, Australia now ranks 3rd in the world and … happiness, considers implications for policymakers, and explores where Australia lies in international subjective well …, where a common language should help subjective measures to be reliable, Australia performs poorly on a range of happiness …
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