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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

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

The Coronavirus and the Great Influenza Pandemic : Lessons from the “Spanish Flu” for the Coronavirus’s Potential Effects on Mortality and Economic Activity

Barro, Robert J. - 2020

.1 percent of world population, implying 150 million deaths when applied to current population. Regressions with annual …

Persistent link: https://www.econbiz.de/10012482047

A New Data Set of Educational Attainment in the World, 1950-2010

Barro, Robert J. - 2010

Our panel data set on educational attainment has been updated for 146 countries from 1950 to 2010. The data are disaggregated by sex and by 5-year age intervals. We have improved the accuracy of estimation by using information from consistent census data, disaggregated by age group, along with...

Persistent link: https://www.econbiz.de/10012462749

On the Size Distribution of Macroeconomic Disasters

Barro, Robert J. - 2009

In the rare-disasters setting, a key determinant of the equity premium is the size distribution of macroeconomic disasters, gauged by proportionate declines in per capita consumption or GDP. The long-term national-accounts data for up to 36 countries provide a large sample of disaster events of...

Persistent link: https://www.econbiz.de/10012463402

Social Security and Democracy

Mulligan, Casey B. - 2002

Many political economic theories use and emphasize the process of voting in their explanation of the growth of Social Security, government spending, and other public policies. But is there an empirical connection between democracy and Social Security program size or design? Using some new...

Persistent link: https://www.econbiz.de/10012469756

The World Distribution of Income (estimated from Individual Country Distributions)

Sala-i-Martin, Xavier - 2002

We estimate the world distribution of income by integrating individual income distributions for 125 countries between … hosted 11% of the world's poor in 1960. It hosted 66% of them in 1998. We estimate nine indexes of income inequality implied … by our world distribution of income. All of them show substantial reductions in global income inequality during the 1980s …

Persistent link: https://www.econbiz.de/10012469781

International Data on Educational Attainment Updates and Implications

Barro, Robert J. - 2000

This paper presents a data set that improves the measurement of educational attainment for a broad group of countries. We extend our previous estimates of educational attainment for the population over age 15 and over age 25 up to 1995 and provide projections for 2000. We discuss the estimation...

Persistent link: https://www.econbiz.de/10012470826

Notes on Growth Accounting

Barro, Robert J. - 1998

sections place the growth-accounting exercise within the context of two recent strands of endogenous growth theory -- varieties …

Persistent link: https://www.econbiz.de/10012472156

Schooling Quality in a Cross Section of Countries

Lee, Jong-Wha - 1997

We investigate the determinants of educational quality in a panel data set that includes" output and input measures for a broad number of countries. The results show that family inputs" and school resources are closely related to school outcomes, as measured by internationally" comparable test...

Persistent link: https://www.econbiz.de/10012472616