Narrow search
Showing 1 - 10 of 3,011
Cover Image
Volatility and growth : governments are key
Jetter, Michael - 2013
There exists a persistent disagreement in the literature over the effect of business cycles on economic growth. This paper offers a solution to this disagreement, suggesting that volatility carries a positive direct effect, but also a negative indirect effect, operating through the insurance...
Persistent link: https://www.econbiz.de/10010228789
Cover Image
Inequality of opportunity and economic growth : a cross-country analysis
Ferreira, Francisco H. G.; Lakner, Christoph; Ana Lugo, … - 2014
Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be associated with faster economic growth, other kinds, arising from unequal opportunities for investment, might be detrimental to economic progress. We construct two new metadata...
Persistent link: https://www.econbiz.de/10010364975
Cover Image
Infinite dimensional VARs and factor models
Chudik, Alexander (contributor);  … - 2007
This paper introduces a novel approach for dealing with the 'curse of dimensionality' in the case of large linear dynamic systems. Restrictions on the coefficients of an unrestricted VAR are proposed that are binding only in a limit as the number of endogenous variables tends to infinity. It is...
Persistent link: https://www.econbiz.de/10003646695
Cover Image
Life expectancy and economic growth : the role of the demographic transition
Cervellati, Matteo; Sunde, Uwe - 2009
the role of the econometric specification. We present a simple theory of the economic and demographic transition where … individuals' education and fertility decisions depend on their life expectancy. The theory predicts that before the demographic …
Persistent link: https://www.econbiz.de/10003837588
Cover Image
The demographic transition : causes and consequences
Galor, Oded - 2012
; Unified Growth Theory …
Persistent link: https://www.econbiz.de/10009530744
Cover Image
Whither corruption? : a quantitative survey of the literature on corruption and growth
Campos, Nauro; Dimova, Ralitza; Saleh, Ahmed - 2010
Does corruption grease or sand the wheels of economic growth? This paper uses metaanalysis techniques to systematically evaluate the evidence addressing this question. It uses a data set comprising 460 estimates of the effect of corruption on growth from 41 empirical studies. The main factors...
Persistent link: https://www.econbiz.de/10009304317
Cover Image
Should easier access to international credit replace foreign aid?
Bandyopadhyay, Subhayu; Lahiri, Sajal; Younas, Javed - 2011
We examine the interaction between foreign aid and binding borrowing constraint for a recipient country. We also analyze how these two instruments affect economic growth via non-linear relationships. First of all, we develop a two-country, two-period trade-theoretic model to develop testable...
Persistent link: https://www.econbiz.de/10009488418
Cover Image
The inequality-growth plateau
Henderson, Daniel J.; Qian, Junhui; Wang, Le - 2015
We examine the (potentially nonlinear) relationship between inequality and growth using a method which does not require an a priori assumption on the underlying functional form. This approach reveals a plateau completely missed by commonly used (nonlinear) parametric approaches - the economy...
Persistent link: https://www.econbiz.de/10010469680
Cover Image
International capital market integration, educational choice and economic growth
Egger, Hartmut; Egger, Peter; Falkinger, Josef; … - 2005
This paper examines the impact of capital market integration (CMI) on higher education and economic growth. We take into account that participation in higher education is non-compulsory and depends on individual choice. Integration increases (decreases) the incentives to participate in higher...
Persistent link: https://www.econbiz.de/10003291728
Cover Image
The impact of inflation targeting on inflation and growth: how robust is the evidence?
Junankar, Pramod N.; Wong, Chun Yee - 2020
This paper evaluates the success of Inflation Targeting on inflation and growth on a large panel data set of both … evidence to show that the support for a successful Inflation Targeting policy is very weak or non-existent. We use various … the process by which inflation targeting is hypothesised to influence inflation and growth, Section 3 surveys this …
Persistent link: https://www.econbiz.de/10012227388