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Using 'Shares' vs. 'Log of Shares' in Fixed-Effect Estimations

Gerdes, Christer - 2010

This paper looks at potential implications emerging from including shares as a control variable in fixed effect estimations. By shares I refer to the ratio of a sum of units over another, such as the share of immigrants in a city or school. As will be shown in this paper, a logarithmic...

Persistent link: https://www.econbiz.de/10013138263

Institutional Arrangements, Employment Performance and the Quality of Work

Eichhorst, Werner - 2009

The observation of highly regulated, but successful economies has given rise to the hypothesis of various viable models of labor market adaptability. The paper presents a quantitative indicator that tries to avoid a simplified flexibility-rigidity dichotomy and provides a detailed picture of the...

Persistent link: https://www.econbiz.de/10013153311

A Sequential Malmquist-Luenberger Productivity Index

Oh, Donghyun - 2009

based on the macroeconomic perspective. In order to consider this condition and to develop an alternative index, a … combination, the conventional Malmquist-Luenberger productivity index is modified to give the alternative sequential … environmentally sensitive productivity index. This proposed index is employed in measuring productivity growth and its decomposed …

Persistent link: https://www.econbiz.de/10013159334

A Human Capital Index for the Italian Provinces

Pasquini, Alessandra - 2020

Italy, the use of such an index at national level may not be enough to have a clear picture of the human capital conditions … high heterogeneity into consideration, we develop a Human Capital Index for Italy disaggregated at provincial level. The …

Persistent link: https://www.econbiz.de/10012832593

The Impact of Government Spending on GDP in a Remitting Country

Al‐Abri, Almukhtar S. - 2018

The literature on remittances is large and growing. However, its focus has mainly been on the effects of remittance inflows on the receiving economies. Little has been done on the sending economies. In this paper, we use data from Saudi Arabia, one of the top remitting countries in the world, to...

Persistent link: https://www.econbiz.de/10012914328

Will GDP Growth Increase Happiness in Developing Countries?

Clark, Andrew E. - 2011

This paper asks what low-income countries can expect from growth in terms of happiness. It interprets the set of available international evidence pertaining to the relationship between income growth and subjective well-being. Consistent with the Easterlin paradox, higher income is always...

Persistent link: https://www.econbiz.de/10013127954

Going Beyond GDP with a Parsimonious Indicator : Inequality-Adjusted Healthy Lifetime Income

Bloom, David E. - 2020

Per capita GDP has limited use as a well-being indicator because it does not capture many dimensions that imply a "good life," such as health and equality of opportunity. However, per capita GDP has the virtues of easy interpretation and can be calculated with manageable data requirements....

Persistent link: https://www.econbiz.de/10012840894

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

Culture, Institutions and the Wealth of Nations

Gorodnichenko, Yuriy - 2010

We construct an endogenous growth model that includes a cultural variable along the dimension of individualism-collectivism. The model predicts that more individualism leads to more innovation because of the social rewards associated with innovation in an individualist culture. This cultural...

Persistent link: https://www.econbiz.de/10013137795

GDP and the Value of Family Caretaking : How Much Does Europe Care?

Giannelli, Gianna Claudia - 2010

This study estimates the size and value of unpaid family caretaking activities at a European level. While at a country level several studies are available, a comprehensive evaluation for Europe as a whole was missing so far, mainly due to data limitations. This paper fills this gap using a...

Persistent link: https://www.econbiz.de/10013141221