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In recent years there has been a growing interest in the impact of inequality on economic growth. Both theoretical and empirical approaches have produced ambiguous results on sign and size of this relationship. Although there is a considerable part of the literature that considers inequality...
Persistent link: https://www.econbiz.de/10011349190
In this paper we perform a meta-analysis on empirical estimates of the impact between investment and uncertainty. Since the outcomes of primary studies are largely incomparable with respect to the magnitude of the effect, our analysis focuses on the direction and statistical significance of the...
Persistent link: https://www.econbiz.de/10011349194
area sovereign debt crises. We find that macro and default-specific world factors are a primary source of default …
Persistent link: https://www.econbiz.de/10010484886
literature. In contrast, studies on relative location tend to be weakly linked to theory, but apply relatively sophisticated … appropriateness of such models, and identify areas of potential concern. The rather weak linkage between theory and operational models …
Persistent link: https://www.econbiz.de/10011342567
, using a recent theory on trade in tasks. A production function is estimated for the Netherlands for the period 1972-2001. It …
Persistent link: https://www.econbiz.de/10011373831
Transaction costs are a major reason why international trade flows are much smaller than traditional trade theory would …
Persistent link: https://www.econbiz.de/10011334351
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