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~subject:"Economic growth"
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Dynamic Ethnic Fractionalization and Economic Growth in the Transition Economies from 1989 to 2007
Campos, Nauro F.
-
2009
In their survey of the literature on ethnic fractionalization and economic performance, Alesina and La Ferrara (JEL 2005) identify two main directions for future research. One is to improve the measurement of diversity and the other to treat diversity as an endogenous variable. This paper tries...
Persistent link: https://www.econbiz.de/10013153312
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82
Schooling, Cognitive Skills, and the Latin American Growth Puzzle
Hanushek, Eric A.
-
2009
Economic development in Latin America has trailed most other world regions over the past four decades despite its relatively high initial development and school attainment levels. This puzzle can be resolved by considering the actual learning as expressed in tests of cognitive skills, on which...
Persistent link: https://www.econbiz.de/10013153506
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83
Do Better Schools Lead to More Growth? Cognitive Skills, Economic Outcomes, and Causation
Hanushek, Eric A.
-
2009
We investigate whether a causal interpretation of the robust association between cognitive skills and economic growth is appropriate and whether cross-country evidence supports a case for the economic benefits of effective school policy. We develop a new common metric that allows tracking...
Persistent link: https://www.econbiz.de/10013153507
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84
The Role of Demographics in Precipitating Crises in Financial Institutions
Macunovich, Diane
-
2009
There are significant effects of changing demographics on economic indicators: growth in GDP especially, but also the current account balance and gross capital formation. The 15-24 age group appears to be one of the key age groups in these effects, with increases in that age group exerting...
Persistent link: https://www.econbiz.de/10013155560
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85
Gender Wage Inequality and Economic Growth : Is There Really a Puzzle?
Schober, Thomas
-
2009
Seguino (2000) shows that gender wage discrimination in export-oriented semi-industrialized countries might be fostering investment and growth in general. While the original analysis does not have internationally comparable wage discrimination data, we replicate the analysis using data from a...
Persistent link: https://www.econbiz.de/10013157526
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86
Productivity Growth and the Phillips Curve : A Reassessment of the US Experience
Karanassou, Marika
-
2009
In this paper we analyse a new Phillips curve (NPC) model and demonstrate that (i) frictional growth, i.e. the interplay of wage-staggering and money growth, generates a nonvertical NPC in the long-run, and (ii) the Phillips curve (PC) shifts with productivity growth. On this basis we estimate a...
Persistent link: https://www.econbiz.de/10013158034
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87
Rebalancing Growth in Asia
Prasad, Eswar S.
-
2009
required in the world
economy
. In this paper, I provide an empirical characterization of the composition of GDP levels and … and
Vietnam
. To examine the global implications of domestic growth patterns in Asia, I analyze saving-investment balances …
Persistent link: https://www.econbiz.de/10013158044
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88
Life Expectancy and Economic Growth : The Role of the Demographic Transition
Cervellati, Matteo
-
2009
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
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89
The Impact of Inflation Targeting on Inflation and Growth : How Robust is the Evidence?
Junankar, P. N. Raja
-
2020
This paper evaluates the success of Inflation Targeting on inflation and growth on a large panel data set of both developing and developed countries. Earlier studies have found contradictory results depending on the methodology used, different authors have used different estimation methods on...
Persistent link: https://www.econbiz.de/10012833231
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90
Human Capital as Engine of Growth the Role of Knowledge Transfers in Promoting Balanced Growth within and across Countries
Ehrlich, Isaac
-
2020
Unlike physical capital, human capital has both embodied and disembodied dimensions. It can be perceived of as skill and acquired knowledge, but also as knowledge spillover effects between overlapping generations and across different skill groups within and across countries. We illustrate the...
Persistent link: https://www.econbiz.de/10012837320
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