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Financial Aid and Social Mobility : Evidence from Colombia's Ser Pilo Paga

Londoño Vélez, Juliana; Rodríguez, Catherine; … - National Bureau of Economic Research - 2023

The paper studies the impact of financial aid on long-term educational attainment and labor market outcomes in Colombia. In 2014, the government launched a large-scale and generous student loan program called "Ser Pilo Paga." It offered full tuition coverage to students admitted to one of 33...

Persistent link: https://www.econbiz.de/10014372494

Skills, parental sorting, and child inequality

Nybom, Martin; Plug, Erik J. S.; Klaauw, Bas van der; … - 2023

Persistent link: https://www.econbiz.de/10013490914

Do Better Schools Lead to More Growth? Cognitive Skills, Economic Outcomes, and Causation

Hanushek, Eric A. - 2009

We provide evidence that the robust association between cognitive skills and economic growth reflects a causal effect of cognitive skills and supports the economic benefits of effective school policy. We develop a new common metric that allows tracking student achievement across countries, over...

Persistent link: https://www.econbiz.de/10012464016

Cross-Country Inequality Trends

Acemoglu, Daron - 2002

much less, in (continental) Europe over the same time period. I review the two most popular explanations for these … differential trends: that relative supply of skills increased faster in Europe, and that European labor market institutions … where labor market institutions creating wage compression in Europe also encourage more investment in technologies …

Persistent link: https://www.econbiz.de/10012469883

How Do Monetary and Fiscal Policy Interact in the European Monetary Union?

Canzoneri, Matthew B. - 2005

Formation of the Euro area raises new questions about the coordination of monetary and fiscal policy. Using a New Neoclassical Synthesis (NNS) model, we show that a common monetary policy, responding to area-wide aggregates, has asymmetric effects on countries within the union, depending on...

Persistent link: https://www.econbiz.de/10012467632

Monetary Policy and Performance in the U.S., Japan and Europe, 1973-86

Fischer, Stanley - 1987

Monetary policies in the U.S., Japan, Germany and the United Kingdom over the period 1973-1986 are compared and evaluated, with the aim of drawing lessons for monetary policy from the recent historical record. All four countries shifted during this period to money targeting, though with...

Persistent link: https://www.econbiz.de/10012476592

Monetary Policy Regimes and Economic Performance : The Historical Record

Bordo, Michael D. - 1997

Monetary policy regimes encompass the constraints or limits imposed by custom, institutions and nature on the ability of the monetary authorities to influence the evolution of macroeconomic aggregates. This paper surveys the historical experience of both international and domestic (national)...

Persistent link: https://www.econbiz.de/10012472613

Output divergence in fixed exchange rate regimes : is the euro area growing apart?

Chen, Yao; Ward, Felix - 2023

Persistent link: https://www.econbiz.de/10013539492

Inflation and GDP Dynamics in Production Networks : A Sufficient Statistics Approach

Afrouzi, Hassan; Bhattarai, Saroj - National Bureau of Economic Research - 2023

We derive closed-form solutions and sufficient statistics for inflation and GDP dynamics in multi-sector New Keynesian economies with arbitrary input-output linkages. Analytically, we decompose how production linkages (1) amplify the persistence of inflation and GDP responses to monetary and...

Persistent link: https://www.econbiz.de/10014287319

Italy and the little divergence in wages and prices : new data, new results

Rota, Mauro; Weisdorf, Jacob - 2020

Persistent link: https://www.econbiz.de/10012198294

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