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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
,diminishing the growth potential of advanced economies and contributing to convergence ineconomic growth across countries.... …
Persistent link: https://www.econbiz.de/10009486959
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Should Easier Access to International CreditReplace Foreign Aid?
Bandyopadhyay, Subhayu; Lahiri, Sajal; Younas, Javed - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2011
We examine the interaction between foreign aid and binding borrowing constraint for arecipient country. We also analyze how these two instruments affect economic growth vianon-linear relationships. First of all, we develop a two-country, two-period trade-theoreticmodel to develop testable...
Persistent link: https://www.econbiz.de/10009522214
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On the Dynamics of Ethnic Fractionalization
Campos, Nauro F.; Kuzeyev, Vitaliy S. - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
Does fractionalization change over time? If so, are there any substantial implications foreconomic performance? To answer such questions, we construct a new panel data set withfractionalization measures for 26 former communist countries covering the period from 1989to 2002...
Persistent link: https://www.econbiz.de/10005862801
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Population Growth and Multiple Equilibria : Inferences from a Modified Ramsey Model
Lehmijoki, Ulla - 2011
The demographic transition is introduced into the otherwise standard Ramsey model to generate multiple equilibria, poverty traps, and demography-driven cycles. The model is calibrated for global data to explore the demographic conditions under which multiplicity is realized. Three cases arise,...
Persistent link: https://www.econbiz.de/10013130458
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Subjective Well-Being, Income, Economic Development and Growth
Sacks, Daniel W. - 2011
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
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Labor Market Developments in China : A Neoclassical View
Ge, Suqin - 2010
This paper assesses the applicability of two alternative theories in understanding labor market developments in China: the classical view featuring a Lewis turning point in wage growth versus a neoclassical framework emphasizing rational choices of individuals and equilibrating forces of the...
Persistent link: https://www.econbiz.de/10013134983
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Slavery, Education, and Inequality
Bertocchi, Graziella - 2010
We investigate the impact of slavery on the current performances of the US economy. Over a cross section of counties, we find that the legacy of slavery does not affect current income per capita, but does affect current income inequality. In other words, those counties that displayed a higher...
Persistent link: https://www.econbiz.de/10013135634
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Solow or Lucas? Testing Speed of Convergence on a Panel of OECD Countries
Arnold, Jens Matthias - 2010
them as regards the relationship between factor shares and speed of convergence. Using cross-country/time-series data, we … specify our growth regression without imposing cross-country homogeneity restrictions on the speed of convergence and short …-run parameters. Indeed, both theoretical models imply that the speed of convergence to the steady state differs across countries due …
Persistent link: https://www.econbiz.de/10013136719
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Ethnic Fragmentation, Conflict, Displaced Persons and Human Trafficking : An Empirical Analysis
Akee, Randall - 2010
Ethnic conflicts and their links to international human trafficking have recently received a surge in international attention. It appears that ethnic conflicts exacerbate the internal displacement of individuals from networks of family and community, and their access to economic and social...
Persistent link: https://www.econbiz.de/10013138737
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The Evolution of the Racial Gap in Education and the Legacy of Slavery
Bertocchi, Graziella - 2011
this period, despite evidence of convergence, the racial gap in attainment between blacks and whites has been persistently …
Persistent link: https://www.econbiz.de/10013117197