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This paper investigates empirically whether the relation between finance and growth depends on a specific type of financing. I construct a novel panel data set for 34 high income countries over the time period from 1995 to 2014 based on financial accounts data. It allows distinguishing between...
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Based on data from broadly representative surveys among more than 1,400 citizens in Germany and Sweden, this paper … in Germany and Sweden and some implications for policymakers. …
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The aim of this paper is to assess whether the impacts of real exchange rate undervaluation and domestic technological capabilities on growth are stable across development levels. On the one hand, a real exchange undervaluation measure is constructed based on the purchasing-power-parity theory...
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in transition economies. We show that the common indicators of ethnolinguistic fractionalization, state history and … growth. However, state history as a proxy for long-run ancestral exposure to institutions, political organization and … and offering incentives for entrepreneurship to minority groups. In contrast, long state history is likely to generate …
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How far is the world away from ensuring that every child obtains the basic skills needed to be internationally competitive? And what would accomplishing this mean for world development? Based on the micro data of international and regional achievement tests, we map achievement onto a common...
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