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Does financial literacy improve financial inclusion? : cross country evidence

Grohmann, Antonia; Klühs, Theres; Menkhoff, Lukas - 2018

While financial inclusion is typically addressed by improving the financial infrastructure, we show that a higher degree of financial literacy also has a clear beneficial effect. We study this effect at the cross-country level, which allows us to consider institutional variation. Regarding...

Persistent link: https://www.econbiz.de/10011902705

Determinants of city growth in Brazil

Mata, Daniel da; Deichmann, Uwe; Henderson, J. Vernon; … - 2015

, a higher share of private sector industrial capital in the local economy stimulates growth. Using the residuals from the …

Persistent link: https://www.econbiz.de/10012025326

State repression, exit, and voice

Bühler, Mathias; Madestam, Andreas - 2023

What is the political legacy of state repression? Using local variation in state repression during the Khmer Rouge genocide in Cambodia, we investigate the effects of repression on political beliefs and behavior. We find that past state repression decreases votes for an authoritarian incumbent...

Persistent link: https://www.econbiz.de/10014481097

Labor adjustment and productivity in the OECD

Dossche, Maarten; Gazzani, Andrea; Lewis, Vivien - 2021

Labor productivity is more procyclical in OECD countries with lower employment volatility. To capture this new stylized fact, we propose a business cycle model with employment adjustment costs, variable hours and labor effort. We show that, in our model with variable effort, greater labor market...

Persistent link: https://www.econbiz.de/10012589397

The big sell : privatizing East Germany's economy

Hennicke, Moritz; Lubczyk, Moritz; Mergele, Lukas - 2020 - This version: September 11, 2020

The end of communism in the 1990s probably is the most fundamental restructuring of institutions witnessed in recent history. At its core was the large-scale redistribution of previously state-owned companies. We construct a unique firm-level dataset to study this redistribution in East Germany...

Persistent link: https://www.econbiz.de/10012287966

Labor productivity, effort and the euro area business cycle

Lewis, Vivien; Villa, Stefania; Wolters, Maik H. - 2019

at matching the business cycle facts than is one with variable capital utilization or dominant technology shocks. Finally …

Persistent link: https://www.econbiz.de/10012134398

Automation and productivity : evidence from Thai manufacturing firms

Kanit Sangsubhan; Kumpon Pornpattanapaisankul; Pisacha … - 2023

Persistent link: https://www.econbiz.de/10014320212

The marginal product of capital

Caselli, Francesco (contributor); … - 2006

Persistent link: https://www.econbiz.de/10003356515

Balanced growth despite Uzawa

Grossman, Gene M.; Helpman, Elhanan; Oberfield, Ezra; … - 2016

Persistent link: https://www.econbiz.de/10011438949

The role of capital income for top incomes shares in Germany

Bartels, Charlotte; Jenderny, Katharina - 2014

established by Piketty (2001, 2003). The disappearance of capital income from the income tax base in many countries poses a major … including capital gains to 2010, and the series excluding capital gains to 2008. Second, we derive three homogeneous series by … simulating legislative definitions of capital income prevailing in Germany between 2001 and 2010. For both simulation and the …

Persistent link: https://www.econbiz.de/10010429894

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