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Many countries simultaneously suffer from high rates of inflation, low growth rates of per capita income and poorly … growth to examine the effects of inflation and financial development. A novel feature of the model is that the market for … productivity of the financial sector on welfare and per capita growth. The other is the effects of inflationonwelfareandgrowth …
Persistent link: https://www.econbiz.de/10011072562
L’objet de cet article consiste à évaluer empiriquement l’impact de l’éducation publique ou privée sur la durée de …’autres, connaît un essor considérable de l’éducation privée. A partir de modèles de Cox à risques proportionnels et de données …
Persistent link: https://www.econbiz.de/10011072667
, growth and welfare. Health spending triggers technological progress, which is a potential source of better outcomes in terms … of longevity and quality of life, a direct source of growth for the bio-tech industries and an indirect source of growth … the population in the labour force and higher labour productivity levels. In turn, income growth induces an increase in …
Persistent link: https://www.econbiz.de/10010708796
Persistent link: https://www.econbiz.de/10010709023
The thesis investigates the causes of growth weakening in southern Mediterranean countries in comparison with Asian … countries. The main results of this research are: First, the quality of institutions is a relevant determinant of growth …
Persistent link: https://www.econbiz.de/10010712485
Reforms of primary education undertaken in Madhya Pradesh since the mid-1990’s have been said to be bringing the state …. Substantial progress has been made in enrolling underprivileged children, but the quality of education now deserves more emphasis …. Indeed, the ‘education guarantee’ offered is incomplete, as the schools under study are affected by low quantity and poor …
Persistent link: https://www.econbiz.de/10010708960
Studies of the economic impact of tourism returns rarely offer a comparison between their potential driving effects and the costs of their accumulation. The aim of this paper is to devise a tourism macroeconomic profitability indicator capable of determining how the tourism sector can present a...
Persistent link: https://www.econbiz.de/10010708596
Persistent link: https://www.econbiz.de/10011072863
Using daily data from March 2001 to June 2005, we estimate a VAR-BEKK model and find evidence of return and volatility spillovers between the German, the Dutch and the British forward electricity markets. We apply Hafner and Herwartz [2006, Journal of International Money and Finance 25,...
Persistent link: https://www.econbiz.de/10010706560
This article investigates the cointegrating and vector autoregressive relationships in CO2 allowances spot and futures prices, valid for compliance under the EU Emissions Trading Scheme (EU ETS). Our empirical analysis yields to reject a cointegrating relationship between CO2 spot and futures...
Persistent link: https://www.econbiz.de/10010707352