Similar Search Results

Determinants of Long-Term Growth : A Bayesian Averaging of Classical Estimates (BACE) Approach

Doppelhofer, Gernot - 2000

This paper examines the robustness of explanatory variables in cross-country economic growth regressions. It employs a novel approach, Bayesian Averaging of Classical Estimates (BACE), which constructs estimates as a weighted average of OLS estimates for every possible combination of included...

Persistent link: https://www.econbiz.de/10012471000

Social Security in Theory and Practice (I) : Facts and Political Theories

Mulligan, Casey B. - 1999

166 countries have some kind of public old age pension. What economic forces create and sustain old age Social Security as a public program? We document some of the internationally and historically common features of Social Security programs including explicit and implicit taxes on labor supply,...

Persistent link: https://www.econbiz.de/10012471676

Trade, Insecurity, and Home Bias : An Empirical Investigation

Anderson, James E. - 1999

Corruption and imperfect contract enforcement dramatically reduce trade. This paper estimates the reduction, using a structural model of import demand in which transactions costs impose a price markup on traded goods. We find that inadequate institutions constrain trade far more than tariffs do....

Persistent link: https://www.econbiz.de/10012471800

Consumption Risk and International Asset Returns : Some Empirical Evidence

Cumby, Robert E. - 1987

The paper examines if real stock returns in four countries are consistent with consumption-based models of international asset pricing. The paper finds that ex-ante real stock returns exhibit statistically significant fluctuations over time and that these fluctuations cannot be explained by...

Persistent link: https://www.econbiz.de/10012476685

Gravity, Productivity and the Pattern of Production and Trade

Anderson, James E. - 2009

frictions in production and distribution of a many country world. The starting point is the international incidence of … reduce sectoral skill premia. Bigger sellers' incidence by country (sector) reduces equilibrium shares of world (national …

Persistent link: https://www.econbiz.de/10012464007

The Economics of Human Development and Social Mobility

Heckman, James J. - 2014

This paper distills and extends recent research on the economics of human development and social mobility. It summarizes the evidence from diverse literatures on the importance of early life conditions in shaping multiple life skills and the evidence on critical and sensitive investment periods...

Persistent link: https://www.econbiz.de/10012458740

Short Run Gravity

Anderson, James E. - 2017

Short run gravity is a geometric weighted average of long run gravity and bilateral capacity. The model features (i) joint trade costs endogenous to bilateral volumes, (ii) long run gravity as a limiting case of efficient investment in bilateral capacities, (iii) a structural ratio of short run...

Persistent link: https://www.econbiz.de/10012455223

Inequality Within Countries is Falling : Underreporting-Robust Estimates of World Poverty, Inequality and the Global Distribution of Income

Pinkovskiy, Maxim; Sala-i-Martin, Xavier; … - National Bureau of Economic Research - 2024

constant correction to survey-derived inequality estimates. Underreporting of income by the bottom 50% of the world income …

Persistent link: https://www.econbiz.de/10014512057

Policies to Foster Human Capital

Heckman, James J. - 1999

This paper considers the sources of skill formation in a modern economy and emphasizes the importance of both cognitive and noncognitive skills in producing economic and social success and the importance of both formal academic institutions and families and firms as sources of learning. Skill...

Persistent link: https://www.econbiz.de/10012471495

The Uruguay Round and Welfare in Some Distorted Agricultural Economies

Anderson, James E. - 1997

world agricultural prices. Reduced agricultural price distortions among major supplying nations are predicted to increase … food prices paid by food importers must be bad for them, while reducing world coffee and cotton prices appears bad for … exporters of those products. Appearances may be deceiving, however, since theory shows that a distortion effect operates …

Persistent link: https://www.econbiz.de/10012472901