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Easterlin, Richard A. - 2013

Although cross section relationships are often taken to indicate causation, and especially the important impact of economic growth on many social phenomena, they may, in fact, merely reflect historical experience, that is, similar leader-follower country patterns for variables that are causally...

Persistent link: https://www.econbiz.de/10009730828

Inequality of learning in industrialised countries

Micklewright, John (contributor); … - 2006

Within-country differences in educational outcomes are compared for a large group of industrialised countries. We investigate where inequality is greatest, the association between inequality in learning and average levels of learning, the interpretation of measured levels of inequality, and...

Persistent link: https://www.econbiz.de/10003523160

Technology-skill complementarity in the early phase of industrialization

Franck, Raphaël; Galor, Oded - 2016

The research explores the effect of industrialization on human capital formation. Exploiting exogenous regional … views early industrialization as a predominantly deskilling process, the industrial revolution was conducive for human …

Persistent link: https://www.econbiz.de/10011452726

Flowers of evil? : industrialization and long run development

Franck, Raphaël; Galor, Oded - 2018

This research explores the effect of industrialization on the process of development. In contrast to conventional … steam engines across French departments during the early phases of industrialization, the research establishes that … intensive industrialization in the middle of the 19th century increased income per capita in the subsequent decades but …

Persistent link: https://www.econbiz.de/10011886975

Is industrialization conducive to long-run prosperity?

Franck, Raphaël; Galor, Oded - 2015

This research explores the long-run effect of industrialization on the process of development. In contrast to … the French industrial revolution, the research establishes that regions in which industrialization was more intensive …. Nevertheless, intensive industrialization has had an adverse effect on income per capita, employment and equality by the turn of …

Persistent link: https://www.econbiz.de/10011289903

The Easterlin paradox

Easterlin, Richard A.; O'Connor, Kelsey J. - 2020

The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason for the contradiction is social comparison. At a point...

Persistent link: https://www.econbiz.de/10012372750

Long-term effects of equal sharing: evidence from inheritance rules for land

Bartels, Charlotte; Jäger, Simon; Obergruber, Natalie - 2020

What are the long-term economic effects of a more equal distribution of wealth? We exploit variation in historical inheritance rules for land in Germany. In some German areas, inherited land was to be shared or divided equally among children, while in others land was ruled to be indivisible....

Persistent link: https://www.econbiz.de/10012288516

Liquidity or capital? : the impacts of easing credit constraints in rural Mexico

Aparicio, Gabriela; Bobić, Vida; De Olloqui, Fernando; … - 2021

This paper evaluates the effectiveness of easing credit constraints for rural producers in Mexico through loans provided by a national public development finance institution (DFI). In contrast to most of the existing literature, the study focuses on the effect of medium-sized loans over a two-...

Persistent link: https://www.econbiz.de/10012581494

Financing constraints and employers' investment in training

Brunello, Giorgio; Gereben, Áron; Weiss, Christoph; … - 2020

Using a representative sample of European firms, we study whether and to what extent financing constraints affect … financial statements to develop an index of financing constraints. We estimate that a 10 percent increase in this index reduces ….5 percent. We document that lower investment in training reduces productivity, and show that firms facing tighter financing …

Persistent link: https://www.econbiz.de/10012193982

Corporate efficiency, credit status and investment

Quader, Manzur; Taylor, Karl - 2014

substitutability between internal and external financing arising from the capital market imperfections. …

Persistent link: https://www.econbiz.de/10010379263