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We present the framework of a macro-micro simulation model for the study of the impact of economic policies on income distribution and monetary poverty in Madagascar. Modelling options and choices are discussed for the micro-economic module and for the macro-micro linkages. Econometric...
Persistent link: https://www.econbiz.de/10010707801
Even before the financial crisis of 2007/08, there were significant questions about Europe's long-term growth prospects …. After a long period of catching up with US levels of labour productivity, euro area productivity growth had, from the mid … declining rates of total factor productivity (TFP) growth and weaker capital accumulation as areas for concern in an European …
Persistent link: https://www.econbiz.de/10010496054
Macroeconomic data on 45 countries are combined with microeconomic data on 4 case-study countries to reveal signifi cant differences in the levels of education attained under the different colonial powers in Africa during the colonial period. In 1960, former British colonies exhibited higher...
Persistent link: https://www.econbiz.de/10010861483
We show, in contrast with Stiglitz, that an inegalitarian long run equi- librium can emerge in a Solow growth model …
Persistent link: https://www.econbiz.de/10010706382
The aim of this paper is to show that inequalities of wealth can be necessary conditions to explain the apparition and rise of a capitalistic system. We try to highlight Marx's insights on primitive accumulation. Our dynamic framework is consistent with Roemer's idea of endogenous class...
Persistent link: https://www.econbiz.de/10010707668
, growth and welfare. Health spending triggers technological progress, which is a potential source of better outcomes in terms … of longevity and quality of life, a direct source of growth for the bio-tech industries and an indirect source of growth … the population in the labour force and higher labour productivity levels. In turn, income growth induces an increase in …
Persistent link: https://www.econbiz.de/10010708796
Persistent link: https://www.econbiz.de/10010709023
I study the effects of the Future to Discover Project, a randomized experiment in which Canadian high school students were either invited to participate in career planning workshops or were made eligible for an $8,000 college grant. By matching the experimental data to post-secondary institution...
Persistent link: https://www.econbiz.de/10013279169
Using data covering three successive generations of Malagasy people, we construct a new semi- parametric estimator of the effect of parental income on the decision to send children to school. We propose new tests of simultaneity and hereditary biases affecting the usual estimates of this effect....
Persistent link: https://www.econbiz.de/10010707167
Since 2004, the Government of Senegal has adopted an accelerated growth program in the aim o reducing poverty by half … that policies are too much oriented toward sectors that generate few jobs and revenues to poor people. Then, this growth …
Persistent link: https://www.econbiz.de/10010707598