Showing 1 - 10 of 163
Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a … generalised augmented Solow-type growth model, yields some answers to this question. In particular, we show that the impact of … unemployment on productivity growth heavily depends on the influence of human capital in the production function. In the …
Persistent link: https://www.econbiz.de/10011325983
growth. A summary of what we learn from the econometric results concludes the paper. -- regulation ; product market … ; performance ; productivity ; innovation ; growth …
Persistent link: https://www.econbiz.de/10003225978
Vietnam is widely regarded as a success story for its impressive economic growth and poverty reduction in the last few … decades. Yet, recent evidence indicates that the country's economic growth has not been uniform. Compiling and analyzing new … segregated in certain provinces. We find beneficial impact of economic growth on poverty reduction, but this can depend on …
Persistent link: https://www.econbiz.de/10013540743
Policy makers find it difficult to promote economic development through entrepreneurship and SMEs. In this paper we argue that this is because the positive impact of entrepreneurship is overestimated and its negative impact underestimated. It is moreover also because there is no unified...
Persistent link: https://www.econbiz.de/10011743542
The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of … technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The … capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …
Persistent link: https://www.econbiz.de/10010510592
aggregate labor supply and savings. Next, we turn to economic growth, and describe how accounting for families is central for …
Persistent link: https://www.econbiz.de/10011454407
lower GDP growth per year on average. These estimated costs increase for candidates with serious accusations, multiple …
Persistent link: https://www.econbiz.de/10010403904
Empirical evidence in the sparse literature on poverty convergence currently relies on cross-sectional analysis, where … the past three decades than those starting out richer, as initial poverty retards growth and makes it less effective in … initial poverty incidences decline over time. Our analysis also finds initial poverty as having little direct effect on growth …
Persistent link: https://www.econbiz.de/10011814625
This research explores the origins of loss aversion and the variation in its prevalence across regions, nations and ethnic group. It advances the hypothesis and establishes empirically that the evolution of loss aversion in the course of human history can be traced to the adaptation of...
Persistent link: https://www.econbiz.de/10011912825
This paper contributes to the economics of AI by exploring three topics neglected by economists: (i) the notion of a Singularity (and Singleton), (ii) the existential risks that AI may pose to humanity, including that from an extraterrestrial AI in a Dark Forest universe; and (iii) the relevance...
Persistent link: https://www.econbiz.de/10013453997