Showing 1 - 10 of 28
International migration is an essential element of economic integration. Yet, the intraregional movement of people and labor in Asia and the Pacific has stagnated in recent years even as the flow of goods, services, and investment have steadily risen. This paper examines key factors driving the...
Persistent link: https://www.econbiz.de/10012835352
Remittances from overseas can encourage human capital investment and improve educational outcomes in developing countries. Empirical studies, however, have shown mixed evidence at best. This paper uses a 5-year panel dataset that tracks the same 3,000 households and 8,000 individuals through...
Persistent link: https://www.econbiz.de/10013225800
The Philippines is often referred to as a country from which export of services rather than manufactured goods is the principal engine for economic growth, as the share of the service sector in gross domestic product has exceeded that of the industry sector since the mid-1980s. Three major...
Persistent link: https://www.econbiz.de/10013076554
Throughout 2020, national and subnational governments worldwide implemented nonpharmaceutical interventions (NPIs) to contain the spread of coronavirus disease (COVID-19). These included community quarantines, also known as lockdowns, of varying length, scope, and stringency that restricted...
Persistent link: https://www.econbiz.de/10014083396
The world faces growing challenges of aging populations. Asia is no exception with rapidly increasing life expectancies and falling fertility rates. To help policy makers address these issues, this paper examines three sociopolicy options: (i) extending the retirement age, (ii) augmenting labor...
Persistent link: https://www.econbiz.de/10012966168
This paper relies on recent proprietary data from the People's Republic of China's (PRC) poor rural minority areas to examine the importance of credit constraints on internal labor migration. Specifically, a liquidity shock via the PRC's minimum living standard assistance (MLSA) program is...
Persistent link: https://www.econbiz.de/10012835378
Improvement in human capital is essential for rapid, sustainable, and inclusive economic growth in Myanmar. Investments in health and education — including technical and vocational education and training — are essential to engineer a productive labor force that can contribute to and benefit...
Persistent link: https://www.econbiz.de/10013002392
This paper analyzes why the Philippines' growth performance has improved significantly in recent years. As in the medium to long term actual growth adjusts to potential, we posit that the reason behind this improvement is that the country's potential growth is increasing. We derive an estimate...
Persistent link: https://www.econbiz.de/10012917746
We find that over the period 1950-1990, states in United States absorbed increases in the supply of schooling due to tighter compulsory schooling and child labor laws mostly through within-industry increases in the schooling intensity of production. Shifts in the industry composition towards...
Persistent link: https://www.econbiz.de/10013062579
Technological progress may be less beneficial for older workers than younger workers. In this paper, we empirically examine the impact of technological change on the wage share of older workers. More specifically, we look at five different types of technological advancement using data from 30...
Persistent link: https://www.econbiz.de/10014356005