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Epidemics have disrupted lives for centuries with deleterious human capital and economic repercussions. In this paper, we investigate how epidemics episodes have impacted school dropouts in developing countries, considering 623 epidemics episodes across countries from 1970 to 2019. Our estimates...
Persistent link: https://www.econbiz.de/10012796214
capacity, thus causing global warming and blocking a similar, fossil-fuel driven development path for emerging markets and …; (iv) ultimately, a superior option-for both the world's climate and growth prospects-is the development of clean energy … developing economies (EMDEs). This paper develops a simple model of a sequential, fossil-fuel driven development process to …
Persistent link: https://www.econbiz.de/10012795135
recognized as being critical building blocks for the structure, development and functioning of LCBMs. This Working Paper seeks to … for the development of LCBMs that would adequately address common challenges and impediments …
Persistent link: https://www.econbiz.de/10012392641
This paper considers the implications for developing countries of a new wave of technological change that substitutes pervasively for labor. It makes simple and plausible assumptions: the AI revolution can be modeled as an increase in productivity of a distinct type of capital that substitutes...
Persistent link: https://www.econbiz.de/10012302048
than investment in infrastructure in promoting long-run economic development when investments earn their average estimated …
Persistent link: https://www.econbiz.de/10012252029
We analyze the medium-term macroeconomic impact of the Covid-19 pandemic and associated lock-down measures on low-income countries. We focus on the impact over the medium-run of the degradation of health and human capital caused by the pandemic and its aftermath, exploring the trade-offs between...
Persistent link: https://www.econbiz.de/10013170278
of human capital available in an economy. Second, gender gaps in the labor market impede the development of new ideas by …
Persistent link: https://www.econbiz.de/10011711781
The coexistence of urban and rural poverty and migration to cities is studied in a dual economy model where the acquisition of skills is costly and involves migration to urban areas. In this model, both the distribution of innate abilities and the distribution of wealth matter for the migration...
Persistent link: https://www.econbiz.de/10014401291
excessive budget deficits, and taming inflation, can also be helpful in moving countries toward the Millennium Development Goals …
Persistent link: https://www.econbiz.de/10014402008
This paper formulates a simple aggregate growth model that is capable of assessing the impact of macroeconomic policies on the long-term performance of a developing country. The model emphasizes expenditures on human capital and the dynamics of external debt, and yields empirically testable...
Persistent link: https://www.econbiz.de/10014396208