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Bell, Clive; Gersbach, Hans - 2006

This paper studies the formation of human capital and its transmission across generations when premature adult mortality is a salient feature of the demographic landscape, either permanently or in the form of a long-period wave that follows the outbreak of an epidemic. We establish several...

Persistent link: https://www.econbiz.de/10010263920

An Equilibrium Model of the African HIV/AIDS Epidemic

Greenwood, Jeremy - 2018

Twelve percent of the Malawian population is HIV infected. Eighteen percent of sexual encounters are casual. A condom is used a third of the time. To analyze the Malawian epidemic, a choice-theoretic general equilibrium search model is constructed. In the developed framework, people select...

Persistent link: https://www.econbiz.de/10012908690

Voting and Political Participation in the Aftermath of the HIV/AIDS Epidemic

Mansour, Hani - 2020

data on elections to the U.S House of Representatives and leveraging cross-district variation in HIV/AIDS mortality during … the period 1983-1987, we document the effects of the HIV/AIDS epidemic on votes received by Democratic and Republican … candidates. Beginning with the 1994 elections, there is a strong, positive association between HIV/AIDS mortality and the vote …

Persistent link: https://www.econbiz.de/10012827671

Public Debt, Economic Growth and Nonlinear Effects: Myth or Reality

Egert, Balazs - 2013

This paper puts the Reinhart-Rogoff dataset to a formal econometric testing to see whether public debt has a negative nonlinear effect on growth if public debt exceeds 90% of GDP. Using nonlinear threshold models, we show that the negative nonlinear relationship between debt and growth is very...

Persistent link: https://www.econbiz.de/10010292693

Human Capital Quality and Aggregate Income Differences: Development Accounting for U.S. States

Hanushek, Eric A.; Ruhose, Jens; Woessmann, Ludger - 2015

Although many U.S. state policies presume that human capital is important for state economic development, there is little research linking better education to state incomes. In a complement to international studies of income differences, we investigate the extent to which quality-adjusted...

Persistent link: https://www.econbiz.de/10011307079

Railways and the Productivity Gap in Italy: Persistence and Divergence after Unification

Pontarollo, Nicola; Ricciuti, Roberto - 2015

The political unification of Italy in 1861 led to the establishment of a single market, by removing the trade barriers across the pre-existing states, with a single currency. Market integration was the economic outcome of this process. At the same time, the Kingdom of Italy started a large...

Persistent link: https://www.econbiz.de/10011307101

The Complementary between Technology and Human Capital in the Early Phase of Industrialization

Franck, Raphaël; Galor, Oded - 2015

The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional variations in the adoption of steam engines across France, the study establishes that in contrast to conventional wisdom that views early industrialization as a predominantly...

Persistent link: https://www.econbiz.de/10011388159

Aid and Growth. New Evidence Using an Excludable Instrument

Dreher, Axel; Langlotz, Sarah - 2015

We use an excludable instrument to test the effect of foreign aid on economic growth in a sample of 96 recipient countries over the 1974-2009 period. We interact donor government fractionalization with a recipient country’s probability of receiving aid. The results show that fractionalization...

Persistent link: https://www.econbiz.de/10011388194

Long-term Growth Effects of Natural Disasters - Empirical Evidence for Droughts

Berlemann, Michael; Wenzel, Daniela - 2015

The ongoing process of climate change goes along with a higher frequency and/or severity of droughts. While the short-term growth consequences of droughts are comparatively well examined, little research has yet been devoted to the question whether and how droughts affect medium and long-term...

Persistent link: https://www.econbiz.de/10011388265

Stock Markets, Banks and Long Run Economics Growth: A Panel Cointegration-Based Analysis

Cavenaile, Laurent; Gengenbach, Christian; Palm, Franz - 2013

The aim of this paper is to investigate the long run relationship between the development of banks and stock markets and economic growth. We make use of a Johansen-based panel cointegration methodology allowing for cross-country dependence to test the number of cointegrating vectors among these...

Persistent link: https://www.econbiz.de/10010328841

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