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What Remains after the Oil Boom is Over?
Jelnov, Pavel - 2019
This paper links between Beckerian literature that shows that marriage is a normal good with respect to male income and the literature that explores cultural changes as a result of exogenous events. I use the oil crisis of the 1970s as a positive shock on some males. The analyzed outcome is...
Persistent link: https://www.econbiz.de/10012870157
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Institutions and Economic Performance : What Can Be Explained?
Commander, Simon John - 2010
Institutions are now widely believed to be important in explaining performance. In this paper, we analyze whether commonly used measures of institutions have any significant, measurable impact on performance, whether of countries or firms. We look at three 'levels' of institutions and associated...
Persistent link: https://www.econbiz.de/10013136777
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The Impact of Oil Revenues on the Iranian Economy and the Gulf States
Dreger, Christian - 2014
In line with the neoclassical growth model a persistent stream of oil revenues might have a long lasting impact on GDP per capita in oil exporting countries through higher investment activities. This relationship is explored for Iran and the countries of the Gulf Cooperation Council (GCC) using...
Persistent link: https://www.econbiz.de/10013055567
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Oil Exports and the Iranian Economy
Esfahani, Hadi Salehi - 2009
the world. We also find that the Iranian economy adjusts quite quickly to the shocks in foreign output and oil exports …
Persistent link: https://www.econbiz.de/10013154980
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Structural Reforms, Growth and Inequality : an Overview of Theory, Measurement and Evidence
Campos, Nauro F. - 2017
theoretical framework for the relationship between structural reforms, economic growth and income inequality. We argue that … inequality. We conclude by proposing a 7-point agenda for future research …
Persistent link: https://www.econbiz.de/10012942092
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Inequality of Opportunity and Economic Growth : A Cross-Country Analysis
Ferreira, Francisco H. G. - 2014
Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be … Surveys, to revisit the question of whether inequality is associated with economic growth and, in particular, to examine … whether inequality of opportunity – driven by circumstances at birth – has a negative effect on subsequent growth.Results are …
Persistent link: https://www.econbiz.de/10013052079
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Does Wealth Inequality Matter for Growth? The Effect of Billionaire Wealth, Income Distribution, and Poverty
Bagchi, Sutirtha - 2014
A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in … inequality from Forbes magazine's listing of billionaires and compare its effect on growth to the effects of income inequality … and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some …
Persistent link: https://www.econbiz.de/10013061938
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Does Financial Deregulation Boost Top Incomes? Evidence from the Big Bang
Tanndal, Julia - 2016
This study estimates the impact of financial deregulation on top income shares. Using the novel econometric method of constructing synthetic control groups, we show that the "Big Bang"-deregulations in the United Kingdom in 1986 and Japan 1997-1999 increased the share of pre-tax incomes going to...
Persistent link: https://www.econbiz.de/10013000060
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International Differences in the Family Gap in Pay : The Role of Labor Market Institutions
Dupuy, Arnaud - 2007
Using microdata for 35 countries over the period 1985-1994-2002 we find that labor market institutions traditionally associated to more compressed wage structures are associated to a higher family gap. Our results indicate that these policies reduce the price effect of having children but...
Persistent link: https://www.econbiz.de/10012777857
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An Empirical Growth Model for Major Oil Exporters
Esfahani, Hadi Salehi - 2012
This paper develops a long-run growth model for a major oil exporting economy and derives conditions under which oil revenues are likely to have a lasting impact. This approach contrasts with the standard literature on the "Dutch disease" and the "resource curse", which primarily focuses on...
Persistent link: https://www.econbiz.de/10013107701