Showing 1 - 10 of 38
While high fertility persists in the poorest countries and fertility declines with per capita income in developing countries, fertility and per capita income are now positively associated across most developed countries. This paper presents a model where a Ushaped relationship between overall...
Persistent link: https://www.econbiz.de/10010904254
The objective of this paper is to examine whether financial development leads to economic growth or vice versa in the small open economy of Malaysia. We argue that the results obtained from cross-sectional studies are not able to address this issue satisfactorily and highlight the importance of...
Persistent link: https://www.econbiz.de/10010904250
Although theory emphasizes the role of financial market frictions in explaining income inequality, there is little empirical research exploring how financial development and financial sector reforms influence the evolution of income inequality. This paper examines how finance impacts on income...
Persistent link: https://www.econbiz.de/10010904303
Although theory emphasizes the role of financial market frictions in explaining income inequality, there is little empirical research exploring how financial development and financial sector reforms influence the evolution of income inequality. This paper examines how finance impacts on income...
Persistent link: https://www.econbiz.de/10005086490
The objective of this paper is to examine whether financial development leads to economic growth or vice versa in the small open economy of Malaysia. We argue that the results obtained from cross-sectional studies are not able to address this issue satisfactorily and highlight the importance of...
Persistent link: https://www.econbiz.de/10005086492
This paper attempts to estimate a model of inflation in Tajikistan using the Johanson cointegration approach and single equation error correction model. It also develops a methodology for creating monthly real output series. The paper investigates both the short run dynamic behaviour of...
Persistent link: https://www.econbiz.de/10005086494
China's demographic dividend now lies in the past, alternative assumptions about future trends in fertility and labor force … participation rates are used to demonstrate that China will not necessarily enter a period of “demographic taxation” for at least … another decade, if not longer. In contrast with China, much of India's potential demographic dividend lies in waiting for the …
Persistent link: https://www.econbiz.de/10009493996
This paper attempts to estimate a model of inflation in Tajikistan using the Johanson cointegration approach and single equation error correction model. It also develops a methodology for creating monthly real output series. The paper investigates both the short run dynamic behaviour of...
Persistent link: https://www.econbiz.de/10010607711
This paper shows that unit labor costs (ulcs), the most widely used measure of competitiveness, can be interpreted as the labor share in output multiplied by a price-adjustment factor. This has three main implications. First, ulcs are not just a technical concept since they embody the social...
Persistent link: https://www.econbiz.de/10010607756
This paper shows that unit labor costs (ulcs), the most widely used measure of competitiveness, can be interpreted as the labor share in output multiplied by a price-adjustment factor. This has three main implications. First, ulcs are not just a technical concept since they embody the social...
Persistent link: https://www.econbiz.de/10005532860