In the growth literature, evidence on income convergence is mixed. In the development literature, health and education … indicators are also often used. This study examines whether health and education levels are converging across countries and … human capital convergence. The results confirm that investments in education and health are closely linked. We find …

This paper analyzes the importance of information technology (IT) in banking for entrepreneurship. To guide our … entrepreneurship by making it easier for startups to borrow against collateral. We provide empirical evidence that job creation by … lending channel for IT banks, entrepreneurship increases more in IT-exposed counties when house prices rise. In line with the …

that even state-owned enterprises in Poland moved toward competitive wage setting during the transition. Education premia …

equilibrium model where human capital is the engine of growth and individuals differ in their education abilities. We argue that … receive formal education. This specialization unambiguously increases growth and welfare. The model also shows that in … economies with high (low) average level of education abilities, the opening of credit markets induces a more disperse (equal …

.6 and 2.1 percentage points in primary and lower secondary education respectively, with girls more severely affected than …

growth, income distribution, and poverty. In this paper, I review theoretical and empirical research on the connections … opportunities and tightens income distribution, primarily by boosting the incomes of the poor. This work implies that financial …

and education) and physical capital (water and sanitation, electricity, and roads). We document progress on these five …