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This paper examines the relationship between financial development, CO2 emissions, trade and economic growth using simultaneous-equation panel data models for a panel of 12 MENA countries over the period 1990-2011. Our results indicate that there is evidence of bidirectional causality between...
Persistent link: https://www.econbiz.de/10010488272
China has achieved impressive growth over the last three decades. However, there has been debate over the sources of the growth, and the role of the intensive versus extensive margin. Growth accounting exercises at the aggregate level (Rawski and Perkins, 2008; Bosworth and Collins, 2008) suggest an...
Persistent link: https://www.econbiz.de/10003940472
This paper investigates the effects of financial development and political instability on economic growth in a power-ARCH framework with data for Argentina from 1896 to 2000. Our findings suggest that (i) informal or unanticipated political instability (e.g., guerrilla warfare) has a direct...
Persistent link: https://www.econbiz.de/10003762132
Based on a sample of 467 asset managers from four countries we robustly find that women manage smaller funds than men, despite tough competition in this industry. Interestingly, the gender gap exists only for managers of smaller funds, i.e. at the lower end of the hierarchy, as quantile...
Persistent link: https://www.econbiz.de/10003940519
We study experimental markets in which participants face incentives modeled upon those prevailing in markets for managed funds. Each participant's portfolio is periodically evaluated at market value and ranked in a league table according to short-term paper returns. Those who rank highly attract...
Persistent link: https://www.econbiz.de/10009306962
; Hungary ; Lithuania ; Romania ; Russia ; Ukraine …
Persistent link: https://www.econbiz.de/10003755335
but offsetting in Hungary and Romania, and from small effects of all types in Russia and Ukraine. The positive employment … ; employment ; wages ; foreign ownership ; Hungary ; Romania ; Russia ; Ukraine …
Persistent link: https://www.econbiz.de/10003755531
(PACE) in the context of a transition economy such as Romania, in contrast to the existing literature which mostly focuses …
Persistent link: https://www.econbiz.de/10003771054
unemployment statistics. This paper analyzes microdata on detailed labor force survey responses in Russia, Romania, and Estonia to … alternative employment rates that are sharply higher in Russia but much lower in Romania and slightly lower in Estonia, and … alternative unemployment rates that are sharply higher in Romania and moderately higher in Estonia and Russia. -- alternative …
Persistent link: https://www.econbiz.de/10003278938
This paper uses a unique survey of Roma and non-Roma in South Eastern Europe to evaluate competing explanations for the poor performance of Roma in the labour market. The analysis seeks to identify the determinants of educational achievement, employment and wages for Roma and non-Roma. LIML...
Persistent link: https://www.econbiz.de/10003860349