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Are We There Yet? Time for Checks and Balances on New Institutionalism
Iyigun, Murat - 2012
economic development. If the sociopolitical, legal and economic transformations in the Anglo-Saxon world in the last three …
Persistent link: https://www.econbiz.de/10013099084
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Unemployment and Productivity Growth : An Empirical Analysis within the Augmented Solow Model
Pannenberg, Markus; Bräuninger, Michael - 2021
Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a generalised augmented Solow-type growth model, yields some answers to this question. In particular, we show that the impact of unemployment on productivity growth heavily depends...
Persistent link: https://www.econbiz.de/10013321303
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Evolution and the Growth Process:Natural Selection of Entrepreneurial Traits
Galor, Oded; Michalopoulos, Stelios - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2012
economic development and the dynamics of inequality withinand across societies. The study argues that entrepreneurial spirit … evolved non-monotonicallyin the course of human history. In early stages of development, risk-tolerant, growthpromoting traits … process of economic development. Inmature stages of development, however, risk-averse traits gained an evolutionary advantage …
Persistent link: https://www.econbiz.de/10009486959
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Education and Growth with Learning by Doing
Marconi, Gabriele - 2015
We develop a general equilibrium overlapping generations model which is based on the view that education makes workers more productive by increasing their ability to learn from work experience, rather than providing skills that directly increase productivity. One important implication of the...
Persistent link: https://www.econbiz.de/10013021942
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Innovation, Inequality and a Golden Rule for Growth in an Economy with Cobb-Douglas Function and an R&D Sector
Welfens, Paul J.J. - 2015
technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The …
Persistent link: https://www.econbiz.de/10013023751
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Informality and Long-Run Growth
Docquier, Frédéric - 2014
path. Hence, we examine the effectiveness of different development policies to exit the poverty trap. Our numerical …
Persistent link: https://www.econbiz.de/10013060624
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Do Rising Top Incomes Lift All Boats?
Andrews, Dan - 2010
Pooling data for 1905 to 2000, we find no systematic relationship between top income shares and economic growth in a panel of 12 developed nations observed for between 22 and 85 years. After 1960, however, a one percentage point rise in the top decile's income share is associated with a...
Persistent link: https://www.econbiz.de/10013143686
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The Origins of the Division of Labor in Pre-Modern Times
Depetris-Chauvín, Emilio - 2018
This research explores the historical roots of the division of labor in pre-modern societies. It advances the hypothesis and establishes empirically that intra-ethnic diversity had a positive effect on the division of labor across ethnicities in the pre-modern era. Exploiting a variety of...
Persistent link: https://www.econbiz.de/10012917099
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The Macrogenoeconomics of Comparative Development
Ashraf, Quamrul H. - 2017
development, set forth in Nicholas Wade's A Troublesome Inheritance: Genes, Race and Human History, to this important line of …
Persistent link: https://www.econbiz.de/10012965018
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Regional Differences in Intersectoral Linkages and Diverse Patterns of Structural Transformation
Paul, Saumik; Raju, Dhushyanth - 2022
Intersectoral linkages can act as shock propagation channels and shape the pattern of structural transformation. To our knowledge, no research has examined how subnational differences in intersectoral linkages impact such spillover effects. We hypothesize that regional differences in local...
Persistent link: https://www.econbiz.de/10014079410