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address issues concerning health sector policy and when they have significant macroeconomic implications. Such issues can also … roles for the state and market in health care financing and provision. It also suggests the situations in which … macroeconomists should engage health sector specialists in policy formulation exercises. Finally, it illustrates the different health …
Persistent link: https://www.econbiz.de/10014399711
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 …
Persistent link: https://www.econbiz.de/10014403631
We present cross-country evidence on the impact of remittances on labor market outcomes. Remittances appear to have a strong impact on both labor supply and labor demand in recipient countries. These effects are highly significant and greater in size than those of foreign direct investment or...
Persistent link: https://www.econbiz.de/10011852562
Changes in economic systems provide a rare opportunity to redesign basic institutional structures in labor markets. This paper attempts to provide guidance for such institutional choice by drawing on the findings of recent labor market research in market economies on the links between...
Persistent link: https://www.econbiz.de/10014397450
The paper provides an overview of the role of the fiscal imbalances and the ensuing public debt in explaining major episodes in Israel’s recent economic developments. The main conclusions from the Israeli budgetary developments may have more general validity: (a) deficits lead to inflation and...
Persistent link: https://www.econbiz.de/10014396318
Persistent link: https://www.econbiz.de/10009419787
In flow models of the labor market, wages are determined by negotiations between workers and employers on the surplus value of a realized match. From this perspective, this paper presents an econometric analysis of the influence of labor market flows on wage formation as an alternative to the...
Persistent link: https://www.econbiz.de/10014401436
We build a small open economy, real business cycle model with labor market frictions to evaluate the role of employment protection in shaping business cycles in emerging economies. The model features matching frictions and an endogenous selection effect by which inefficient jobs are destroyed in...
Persistent link: https://www.econbiz.de/10014397095
This paper reviews the evidence on how households in Sub-Saharan Africa segment along consumption, income and earning dimensions relevant for quantitative macroeconomic policy models which incorporate heterogeneity. Key findings include the importance of home-grown food in the income and...
Persistent link: https://www.econbiz.de/10014412103