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This paper reports on ongoing research on the interactions between product regulation and labor market outcomes. In … particular, I summarize work on the employment effects of shop-closing regulation in the retail and other related sectors …
Persistent link: https://www.econbiz.de/10009781500
We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through …, growth affects trade, directly through changes in country size and indirectly through altering the incidence of trade costs …. Theory translates into an intuitive econometric system that identifies the causal impact of trade on income and growth, and …
Persistent link: https://www.econbiz.de/10011298529
theory involving capital and labour without neo-classical assumptions. Interestingly the growth story of the model seems to … be observationally equivalent to the Solow (1956) model of steady state growth. It can easily and effectively reflect on … across the globe independent of trade patterns. It is likely to increase growth rate but that rate declines over time …
Persistent link: https://www.econbiz.de/10012312232
We construct the world's centers of gravity for human population, GDP and CO2 emissions by taking the best out of five recognized data sources covering the last two centuries. On the basis of a novel distorsion-free representation of these centers of gravity, we find a radical Western shift of...
Persistent link: https://www.econbiz.de/10011987041
For a long time, China’s impressive growth performance has been driven by investment and high productivity gains. Based … sustainability of China’s investment- and export-driven growth model. It is shown that since the turn of the millennium buoyant … soft budget constraints is seen to undermine China’s long-term growth potential. …
Persistent link: https://www.econbiz.de/10012016064
Persistent link: https://www.econbiz.de/10003496726
wholesale energy and capacity markets. While the subsidies, even when combined with energy consumption taxes, cannot achieve …
Persistent link: https://www.econbiz.de/10012310514
divestitures on German wholesale electricity prices. Our identification strategy is based on the observation that energy suppliers …
Persistent link: https://www.econbiz.de/10011735927
Prices for cryptocurrencies have undergone multiple boom-bust cycles, together with ongoing entry by retail investors. To investigate the drivers of crypto adoption, we assemble a novel database (made available with this paper) on retail use of crypto exchange apps at daily frequency for 95...
Persistent link: https://www.econbiz.de/10013540782
Kenya. Within this framework, the paper attempts to analyse the impact of HIV/AIDS on Kenya s economic growth by way of … poverty reduction initiatives. HIV/AIDS is fast eroding the health benefits, which Kenya gained in the first two decades of … independence. The paper explores the different channels through which HIV/AIDS affects economic growth in a low-income country like …
Persistent link: https://www.econbiz.de/10011509459