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We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...
Persistent link: https://www.econbiz.de/10013132818
Using newly collected national and sub-national data and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present income differences, and, in...
Persistent link: https://www.econbiz.de/10013051452
that the within-country relationship of women's employment and income is, on average, negative in Asia and Latin America … and potentially correlated shocks. In Asia and Latin America, characteristics that strengthen counter-cyclical responses … self-employment amongst women. In Asia and Latin America, there is a parallel rise in paid employment and a sharp drop in …
Persistent link: https://www.econbiz.de/10013144690
This research argues that deep-rooted factors, determined tens of thousands of years ago, had a significant effect on the course of economic development from the dawn of human civilization to the contemporary era. It advances and empirically establishes the hypothesis that in the course of the...
Persistent link: https://www.econbiz.de/10013110850
growth rates for the key emerging markets and other developing economies in Asia. China has by far the lowest share of … private consumption to GDP in Asia and, during this decade, has recorded the lowest rate of employment growth relative to GDP … 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
diffusion on TFP in the South, focusing on South America (SA), Mexico, Latin America (LA) and East Asia for the 32-year period … distance to the North; ii) an increase in LA's ETG to East Asia's level raises LA's TFP by some 100% and accounts for about 75 …% of its TFP gap with East Asia; iii) raising LA's education to East Asia's level has a larger impact on TFP and on the TFP …
Persistent link: https://www.econbiz.de/10012946575
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
This paper examines changes in individual earnings during positive and negative growth periods in three Latin American economies: Argentina, Mexico, and Venezuela. We ask whether those individuals who start in the best economic position are those who experience the largest earnings gains or the...
Persistent link: https://www.econbiz.de/10013316682
Expanded international data from the PIAAC survey of adult skills allow us to analyze potential sources of the cross-country variation of comparably estimated labor-market returns to skills in a more diverse set of 32 countries. Returns to skills are systematically larger in countries that have...
Persistent link: https://www.econbiz.de/10012981519
This paper investigates the causal effect of changes in health on economic development using a long panel of European countries. Identification is based on the particular timing of the introduction of public health care systems in different countries, which is the random outcome of a political...
Persistent link: https://www.econbiz.de/10013121546