Showing 1 - 10 of 1,080
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estimates the effect of copper price shocks on mining, manufacturing, and construction-each embodying a sector type. The … empirical findings are for positive spillovers from mining to the other two sectors. However, the estimated size of the … spillovers seems modest, which raises the question of the potential for mining to be better integrated with the rest of the …
Persistent link: https://www.econbiz.de/10011705352
.5 percent. By reducing the royalty rate from 6 percent to 3 percent, Mali’s mining code broadly ensures that the risk is shared … between the state and mining companies, provides sufficient incentives to attract new exploration, and is comparable to the …
Persistent link: https://www.econbiz.de/10014402997
Major mining commodity prices are inherently volatile and cyclical. High levels of investment in China have been a key … driver in the strong world demand for minerals and metals over the past decade. The urbanization and industrialization of …
Persistent link: https://www.econbiz.de/10014401221
This paper studies the impact of U.S. immigration barriers on global knowledge production. We present four key findings. First, among Nobel Prize winners and Fields Medalists, migrants to the U.S. play a central role in the global knowledge network-representing 20-33% of the frontier knowledge...
Persistent link: https://www.econbiz.de/10012518315
There is a growing debate on the relative merits of universal and targeted social assistance transfers in achieving income redistribution objectives. While the benefits of targeting are clear, id est, a larger poverty impact for a given transfer budget or lower fiscal cost for a given poverty...
Persistent link: https://www.econbiz.de/10012252049
The advancement of the knowledge frontier is crucial for technological innovation and human progress. Using novel data from the setting of mathematics, this paper establishes two results. First, we document that individuals who demonstrate exceptional talent in their teenage years have an...
Persistent link: https://www.econbiz.de/10011978560
Using a sample of 97 countries spanning the period 1980?2008, we estimate that financial crises have a large negative impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with flexible labor market institutions, whereas the impact of...
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