Showing 1 - 10 of 12
This paper suggests that the weak empirical effect of human capital on growth in existing cross-country studies is partly the result of an inappropriate specification that does not account for the different channels through which human capital affects growth. A systematic replication of earlier...
Persistent link: https://www.econbiz.de/10013120134
Starting in January 2003, Germany implemented the first two so-called Hartz reforms, followed by the third and fourth packages of Hartz reforms in January 2004 and January 2005, respectively. The aim of these reforms was to accelerate labor market flows and reduce unemployment duration. Without...
Persistent link: https://www.econbiz.de/10012778974
The paper examines real and nominal wage rigidities. We estimate a switching regime model, in which the observed distribution of individual wage changes, computed from West German register data for 1976-1997, is generated by simultaneous processes of real, nominal or no wage rigidity, and...
Persistent link: https://www.econbiz.de/10013319593
robust to different specifications, data sets and estimation methods, and suggest that the persistent exposure to a more …
Persistent link: https://www.econbiz.de/10013127319
democracy might differ systematically across countries. A replication of the estimation in a less restrictive empirical … institutions, and are robust to the use of alternative data and estimation techniques …
Persistent link: https://www.econbiz.de/10013096152
We propose a unified growth theory to investigate the mechanics generating the economic and demographic transition, and the role of mortality differences for comparative development. The framework can replicate the quantitative patterns in historical time series data and in contemporaneous...
Persistent link: https://www.econbiz.de/10013086663
In this paper we investigate the causal effect of life expectancy on economic growth by explicitly accounting for the role of the demographic transition. In addition to focusing on issues of empirical identification, this paper emphasizes the role of the econometric specification. We present a...
Persistent link: https://www.econbiz.de/10013159658
We study the process of endogenous democratization from inefficient oligarchic systems in an economy where heterogeneous individuals can get involved in predation activities. The features of democracies are shown to be crucially related to the conditions under which democratization initially...
Persistent link: https://www.econbiz.de/10012778387
for 80,000 individuals, drawn as representative samples from 76 countries around the world, representing 90 percent of … both the world's population and global income. The global distribution of preferences exhibits substantial variation across … systematically with age, gender, and cognitive ability. Around the world, our preference measures are predictive of a wide range of …
Persistent link: https://www.econbiz.de/10013011171
This paper investigates the role of violent civil conflicts during the process of democratization for the quality of emerging democracies, and in particular, the protection of civil (political and economic) liberties. A simple theory in which different groups may engage in violent conflict in...
Persistent link: https://www.econbiz.de/10009124075