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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

International Trade and the Negotiability of Global Climate Change Agreements

Cai, Yuezhou - 2009

Country incentives to participate in cooperative arrangements which either fully or partially internalize climate change externalities from carbon emissions involve critical asymmetries. Small countries trade off own country costs of carbon mitigation actions against their own benefits from...

Persistent link: https://www.econbiz.de/10012463936

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

Trade and Environment Beyond Singapore

Whalley, John - 1996

This paper discusses the likely evolution of the trade and environment issue in the World Trade Organization after the …

Persistent link: https://www.econbiz.de/10012473066

The New Regionalism : Trade Liberalization or Insurance?

Perroni, Carlo - 1994

Several of the recently negotiated regional trade agreements (Canada-U.S., NAFTA, E.C.-Hungary/Poland/Czeck and Slovak Republics) contain significantly fewer concessions by the large countries to smaller countries than vice versa. Yet, it is small countries that have sought them and see...

Persistent link: https://www.econbiz.de/10012474308

Internal Quota Allocation Schemes and the Costs of the MFA

Trela, Irene - 1991

This paper suggests that schemes used within developing countries to allocate textile export quota among domestic producers typically have more severe negative effects on developing country economic performance than the MFA export quotas themselves. We summarize allocation schemes in 17...

Persistent link: https://www.econbiz.de/10012475388

World Real Interest Rates

Barro, Robert J. - 1990

We think of the expected real interest rate for ten OECD countries (our counterpart of the world economy) as determined … estimated the reduced form for CDP-weighted world averages of the expected short-term real interest rate and the investment … ratio over the period 1959-88. The estimates reveal significant effects in the predicted direction for world stock returns …

Persistent link: https://www.econbiz.de/10012475718

Allander Series : Skill Policies for Scotland

Heckman, James J. - 2005

This paper argues that skill formation is a life-cycle process and develops the implications of this insight for Scottish social policy. Families are major producers of skills, and a successful policy needs to promote effective families and to supplement failing ones. We present evidence that...

Persistent link: https://www.econbiz.de/10012467655

Newer Need Not be Better : Evaluating the Penn World Tables and the World Development Indicators Using Nighttime Lights

Pinkovskiy, Maxim - 2016

Penn World Tables and of the World Development Indicators better estimate true income per capita. We find that revisions of …-price series in both PWT 8.0 and PWT 8.1, the two most recent vintages of the PWT. We additionally find that the World Development … Indicators are as good, and often better, measures of unobserved true income as are any recent vintages of the Penn World Tables …

Persistent link: https://www.econbiz.de/10012456459

Assessing the Effects of the MFA/ATC from US and World Trade Data after Its Removal

Yao, Daqing - 2015

In this paper we assess the effects of the MFA/ATC using both world trade and US data after its removal. Previous …

Persistent link: https://www.econbiz.de/10012457368