Showing 1 - 10 of 27
This paper examines fungibility as a possible explanation for the missing link between foreign aid and economic growth. The composition of aid plays a crucial role in determining the composition of government spending and, consequently, the magnitude of fungibility and its impact on growth....
Persistent link: https://www.econbiz.de/10013317224
This paper surveys gender earnings gaps in Colombia from 1994 to 2006, using matching comparisons to examine the extent to which individuals with similar human capital characteristics earn different wages. Three sub-periods are considered: 1994-1998; 2000-2001; and 2002- 2006, corresponding to the...
Persistent link: https://www.econbiz.de/10013139958
The aim of this paper is to apply recently developed panel cointegration techniques proposed by Pedroni (1999, 2004) and generalized by Banerjee and Carrion-i-Silvestre (2006) to examine the robustness of the PPP concept for a sample of 80 developed and developing countries. We find that strong...
Persistent link: https://www.econbiz.de/10013316947
The debate on the need for Sub-Saharan African (SSA) countries to foster inclusive growth has intensified following the coming into force of the African Continental Free Trade Area (AfCFTA), and the emergence of the coronavirus pandemic. A conspicuous lacuna in the literature is a lack of...
Persistent link: https://www.econbiz.de/10012590001
The aim of the current paper is to estimate the need for new PhDs in the Estonian academicsector for the 5-year period 2007-2012 using a survey of employers, such as universities,institutions of applied higher education and research institutes. The doctoral workforce in allcountries around the...
Persistent link: https://www.econbiz.de/10005861648
Economic development in Latin America has trailed most other world regions over the past four decades despite its relatively high initial development and school attainment levels. This puzzle can be resolved by considering the actual learning as expressed in tests of cognitive skills, on which...
Persistent link: https://www.econbiz.de/10013153506
Higher wages are generally thought to increase human capital production, particularly in the developing world. We introduce a simple model of human capital production in which investments and time allocation differ by age. Using data on test scores and schooling from rural India, we show that...
Persistent link: https://www.econbiz.de/10013012826
A growing literature establishes that good teachers are essential for high quality educational systems. However, little is known about teachers' skills formation during their college years. In this paper we use a novel panel data set combining two standardized tests for Colombian students: one...
Persistent link: https://www.econbiz.de/10013046256
This paper examines the link between multinational enterprises and employment growth atthe plant-level. We investigate in detail the comparative response of multinationals anddomestic firms to an economic crisis, using the empirical setting of a well defined case ofeconomic slowdown in Chile as...
Persistent link: https://www.econbiz.de/10005863222
This paper asks what low-income countries can expect from growth in terms of happiness. It interprets the set of available international evidence pertaining to the relationship between income growth and subjective well-being. Consistent with the Easterlin paradox, higher income is always...
Persistent link: https://www.econbiz.de/10013127954