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In this paper, we define a new class of richness measures. In contrast to the often used headcount, these new measures are sensitive to changes in rich persons' income and therefore allow for a more sophisticated analysis of richness. We demonstrate the application of these new measures to...
Persistent link: https://www.econbiz.de/10013324879
Child labor is a persistent phenomenon in many developing countries. In recent years, support has been growing among rich-country governments and consumer groups for the use of trade policies, such as product boycotts and the imposition of international labor standards, to reduce child labor in...
Persistent link: https://www.econbiz.de/10013324927
This paper employs cross-sectional data from 100 countries to analyze the main determinants of inter-country Internet diffusion rates. We set up an empirical model based on strong theoretical foundations, in which we regress Internet usage on variables that capture social, economic and political...
Persistent link: https://www.econbiz.de/10013325004
Student loans schemes are in operation in more than seventy countries around the world. Most loans schemes benefit from …
Persistent link: https://www.econbiz.de/10013325083
In this essay I review Sylvia Nasar’s long awaited new history of economics, Grand Pursuit. Idescribe how the book is an economic history of the period from 1850-1950, withdistinguished economists’ stories inserted in appropriate places. Nasar’s goal is to show howeconomists work, but also...
Persistent link: https://www.econbiz.de/10009486990
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
The theory of endogenous technical change has deeply contributed to our understanding ofthe fundamental sources of economic growth and development. In this chapter we surveyimportant contributions in the field by focussing on the basic structure of endogenous growthmodels with horizontal as well...
Persistent link: https://www.econbiz.de/10005863368