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Purchasing Power Parity for Developing and Developed Countries : What can we Learn from Non-Stationary Panel Data Models?
Drine, Imed; Rault, Christophe - 2021
The aim of this paper is to apply recently developed panel cointegration techniques proposed by Pedroni (1999, 2004) and generalized by Banerjee and Carrion-i-Silvestre (2006) to examine the robustness of the PPP concept for a sample of 80 developed and developing countries. We find that strong...
Persistent link: https://www.econbiz.de/10013316947
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The Pass-Through of Exchange Rate in the Context of the European Sovereign Debt Crisis
Ben Cheikh, Nidhaleddine - 2015
This paper investigates whether exchange rate pass-through (ERPT) into import prices is a nonlinear phenomenon for five … of confidence during the recent sovereign debt crisis has entailed higher sensitivity of import prices to exchange rate … beyond this threshold level, the sensitivity of import prices becomes higher and reaches full ERPT. Our findings raise the …
Persistent link: https://www.econbiz.de/10013012797
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What Measure of Inflation Should a Developing Country Central Bank Target?
Anand, Rahul - 2015
headline inflation, assigns zero weight to import prices …
Persistent link: https://www.econbiz.de/10013016274
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Does School Autonomy Make Sense Everywhere? Panel Estimates from PISA
Hanushek, Eric A. - 2011
Decentralization of decision-making is among the most intriguing recent school reforms, in part because countries went in opposite directions over the past decade and because prior evidence is inconclusive. We suggest that autonomy may be conducive to student achievement in well-developed...
Persistent link: https://www.econbiz.de/10013117402
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Entrepreneurship in Advanced and Developing Countries : A Microeconomic Perspective
Vivarelli, Marco - 2012
The purpose of this paper is to provide a contribution to the identification of the role of entrepreneurship in economic growth by mapping out: 1) alternative ways of looking at entrepreneurship, distinguishing 'creative destruction' from simple 'turbulence'; 2) the different microeconomic...
Persistent link: https://www.econbiz.de/10013106954
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Do International Labor Standards Contribute to the Persistence of the Child Labor Problem?
Doepke, Matthias - 2014
In recent years, a number of governments and consumer groups in rich countries have tried to discourage the use of child labor in poor countries through measures such as product boycotts and the imposition of international labor standards. The purported objective of such measures is to reduce...
Persistent link: https://www.econbiz.de/10013071060
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Why are Average Hours Worked Lower in Richer Countries?
Bick, Alexander - 2020
Why are average hours worked per adult lower in rich countries than in poor countries? Weconsider two natural explanations: income effects in preferences, in which leisure becomesmore valuable when income rises, and distortionary tax systems, which are more prevalentin richer countries. To...
Persistent link: https://www.econbiz.de/10012836558
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Measurement and Analysis of Child Well-Being in Middle and High Income Countries
Heshmati, Almas - 2007
Starting from the recent UNICEF publications on child poverty in the developed countries, which received a wide audience in the political and scientific world, in this paper we further analyze the UNICEF study data base and present three composite indices that are multidimensional and...
Persistent link: https://www.econbiz.de/10012775460
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The Gender Wage Gap in Developed Countries
Kunze, Astrid - 2017
Despite the increased attachment of women to the labour force in nearly all developed countries, a stubborn gender pay gap remains. This chapter provides a review of the economics literature on the gender wage gap, with an emphasis on developed countries. We begin with an overview of the trends...
Persistent link: https://www.econbiz.de/10012954062
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Youth Labour Markets in Developing and Developed Countries : the Role of the Sectoral Composition of Production
Junankar, P. N. Raja - 2019
In this paper we explore the role of the sectoral composition of gross domestic product (GDP) in explaining the behaviour of youth labour markets. We provide a comparison of the behaviour of youth unemployment rates, employment-population rates, and labour force participation rates between...
Persistent link: https://www.econbiz.de/10012870223