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the effects of migration on the accumulation of both knowledge and human capital, by invoking endogenous growth theory …
Persistent link: https://www.econbiz.de/10009663906
Persistent link: https://www.econbiz.de/10001876718
human and nonhuman capital investment ; power law of learning …
Persistent link: https://www.econbiz.de/10003688797
developing countries and emerging markets. This suggests that the lack of domestic savings is not the primary constraint on …
Persistent link: https://www.econbiz.de/10003697367
In theory, one of the main benefits of financial globalization is that it should allow for more efficient international … sharing, and certainly nowhere near the levels predicted by theory. In addition, only industrial countries have attained …
Persistent link: https://www.econbiz.de/10003586563
Both policy makers and researchers have devoted considerable attention in recent years to the large current account and capital account imbalances among OECD countries. In particular, the size of the United States current account deficit has attracted intense attention and spawned numerous...
Persistent link: https://www.econbiz.de/10003583929
Over the last three decades, average income for the bottom half of the US distribution increased by 8% while their average saving rate decreased by eight percentage points. Over the same period the US experienced a substantial increase in inequality and a continuous decrease in the aggregate...
Persistent link: https://www.econbiz.de/10009681548
Heterogeneity in time discounting may reinforce the existing barriers to save and invest faced by rural populations in developing countries. We elicit a subjective discount rate for a varied sample of Ugandan villagers. In accordance with other studies, we have found the discount rate to...
Persistent link: https://www.econbiz.de/10003824853
There are significant effects of changing demographics on economic indicators: growth in GDP especially, but also the current account balance and gross capital formation. The 15-24 age group appears to be one of the key age groups in these effects, with increases in that age group exerting...
Persistent link: https://www.econbiz.de/10003900319
Investment in improved agricultural inputs is infrequent for smallholder farmers in Africa. One barrier may be limited … access to formal savings. This is the first study to use a randomized controlled trial to evaluate the impact of using mobile … money as a tool to promote agricultural investment. For this purpose, we designed and conducted a field experiment with a …
Persistent link: https://www.econbiz.de/10012140124