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This paper aims to provide a critical overview of the drivers that the relevant theoretical and empirical literature suggests being crucial in dealing with the challenges an emerging country may encounter in its attempts to further catch-up a higher income status, with a particular focus devoted...
Persistent link: https://www.econbiz.de/10011916217
matched firm-worker panel and a matched firm-transaction panel. Our data set follows the population of manufacturing firms and …
Persistent link: https://www.econbiz.de/10003931298
significant impediment to growth but religious and linguistic heterogeneity have not. Further, while economic globalization has … more from global integration. This suggests the importance of globalization in redressing the detrimental impact of ethnic … ; property rights ; ethnic heterogeneity ; globalization …
Persistent link: https://www.econbiz.de/10009534885
integration ; misalignment ; second-generation panel unit root and cointegration tests …
Persistent link: https://www.econbiz.de/10003816542
In theory, one of the main benefits of financial globalization is that it should allow for more efficient international … better risk sharing outcomes during the recent period of globalization. Developing countries have, by and large, been shut … flows may help explain why emerging markets have not been able to realize this presumed benefit of financial globalization …
Persistent link: https://www.econbiz.de/10003586563
process of financial globalization. Our central findings indicate that policies promoting financial sector development …, institutional quality and trade openness appear to help developing countries derive the benefits of globalization. Similarly, sound … unavoidable tensions inherent in evaluating the risks and benefits associated with financial globalization. In light of these …
Persistent link: https://www.econbiz.de/10003816538
globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies … of countries but divergence (or decoupling) between them. -- Globalization ; business cycles ; macroeconomic fluctuations …
Persistent link: https://www.econbiz.de/10003693703
Using panel data from the BHPS and its Understanding Society extension, we study life satisfaction (LS) and income over … panel LS regressions with individual fixed effects, none of the income variables was significant for the highly educated. …
Persistent link: https://www.econbiz.de/10011770417
This study uses 1971-2013 panel data to explore the implications of growth, wealth disparities and energy consumption …
Persistent link: https://www.econbiz.de/10011816704
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