Showing 1 - 10 of 12
Evidence from a novel measure of democracy (SVMDI) based on Support Vector Machines highlights a robust positive relationship between democracy and economic growth. We argue that the ambiguity in recent studies can be traced back to the neglect of the information in the equation in levels and...
Persistent link: https://www.econbiz.de/10010516302
We construct an overlapping generations model in which parents vote on the tax rate that determines publicly provided education and offspring choose their effort in learning activities. The technology governing the accumulation of human capital allows these decisions to be strategic complements....
Persistent link: https://www.econbiz.de/10005481543
This paper examines the effects of illegal immigration in a neoclassical growth model with two groups of workers, skilled and unskilled. We show that although illegal immigration is a boon to a country as a whole, there are distributional effects, whose sign is in general ambiguous. This is...
Persistent link: https://www.econbiz.de/10005481545
This paper analyzes the welfare effect of illegal immigration on the host country within a dynamic general equilibrium framework and shows that it is positive for two reasons. First, immigrants are paid less than their marginal product and second, following an increase in immigration, domestic...
Persistent link: https://www.econbiz.de/10005518400
We construct a simple model of education and growth in which young adults (children) spend a fraction of their time and old adults (parents) spend a fraction of their income on education. Both a strategic complementarity and an intergener- ational externality in the creation of human capital are...
Persistent link: https://www.econbiz.de/10005518412
This paper investigates the causes of the "vanishing effect of finance" detected in recent studies. The results highlight that the negative effect of the financial system on growth is mainly driven by advanced economies, whereas finance is still beneficial for income increases in developing...
Persistent link: https://www.econbiz.de/10011403667
We provide a comprehensive survey of the recent literature on the link between productive government expenditure and economic growth. Starting with the seminal paper of Robert Barro (1990) we show that an understanding of the core results of the ensuing contributions can be gained from the study...
Persistent link: https://www.econbiz.de/10011422176
Persistent link: https://www.econbiz.de/10011422215
in der Region und die Absorptionsfähigkeit von FDI das regionale Wirtschaftswachstum beeinflussen. Die empirische Analyse … Wechsel der Regierungspartei in der Ukraine eine negative Auswirkung auf das Wirtschaftswachstum hat, in Polen hingegen eine … positive. Es gibt eine schwache Evidenz, dass FDI einen Einfluss auf das Wirtschaftswachstum in der Ukraine haben. Der Effekt …
Persistent link: https://www.econbiz.de/10011688281
Die vorliegende Studie untersucht erstmalig für die Ukraine und Polen, wie stark sich das Wirtschaftswachstum der … Wirtschaftswachstum in beiden untersuchten Ländern haben. …
Persistent link: https://www.econbiz.de/10011688282