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On the rise of health spending and longevity

Fonseca, Raquel; Michaud, Pierre-Carl; Galama, Titus; … - 2009

We use a calibrated stochastic life-cycle model of endogenous health spending, asset accumulation and retirement to investigate the causes behind the increase in health spending and life expectancy over the period 1965-2005. We estimate that technological change along with the increase in the...

Persistent link: https://www.econbiz.de/10010269651

Constrained firms, not subsistence activities: Evidence on capital returns and accumulation in Peruvian microenterprises

Göbel, Kristin; Grimm, Michael; Lay, Jann - 2012

We investigate the returns to capital and capital accumulation using panel data of Peruvian micro enterprises (MEs). Marginal returns to capital are found to be very high at low levels of capital, but rapidly decreasing at higher levels. The dynamic analyses of capital accumulation in MEs...

Persistent link: https://www.econbiz.de/10010289847

Better means more: property rights and high-growth aspiration entrepreneurship

Estrin, Saul; Korosteleva, Julia; Mickiewicz, Tomasz - 2009

Global Entrepreneurship Monitor (GEM) surveys for 42 countries over the period 1998-2005, we analyse how institutional …

Persistent link: https://www.econbiz.de/10010271286

Is internet job search still ineffective?

Kuhn, Peter J.; Mansour, Hani - 2011

found that Internet job search (IJS) was associated with longer unemployment durations in 1998/2000 - using comparable data …While the Internet has been found to reduce trading frictions in a number of other markets, existing research has … about 25 percent. This finding is robust to controls for workers' AFQT scores and detailed indicators of Internet access …

Persistent link: https://www.econbiz.de/10010280707

Business training and female enterprise start-up, growth, and dynamics: Experimental evidence from Sri Lanka

De Mel, Suresh; McKenzie, David J.; Woodruff, Christopher - 2012

We conduct a randomized experiment in Sri Lanka to measure the impact of the most commonly used business training course in developing countries, the Start-and-Improve Your Business (SIYB) program. In contrast to existing business training evaluations which are restricted to microfinance...

Persistent link: https://www.econbiz.de/10010289883

Skill-Biased Transition: The Role of Markets, Institutions, and Technological Change

Sabirianova Peter, Klara - 2003

This study attempts to explain why the transition to a market economy is skill-biased. It shows unequivocal evidence on increased skill wage premium and supply of skills in transition economies. It examines whether similar skill?favoring shifts in the Russian and U.S. economies are driven by the...

Persistent link: https://www.econbiz.de/10010261607

Welfare Analysis in a Schumpeterian Growth Model with Capital

Hagedorn, Marcus; Kaul, Ashok; Reinthaler, Volker - 2001

In this note we compare the laissez-faire steady-state solution in the Howitt and Aghion (1998) model to the social …

Persistent link: https://www.econbiz.de/10010262488

Unemployment invariance

Karanassou, Marika; Snower, Dennis J. - 2002

This paper provides a critique of the ?unemployment invariance hypothesis,? according to which the behavior of the labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and the labor force. Using Solow growth and endogenous growth...

Persistent link: https://www.econbiz.de/10010265548

Outsourcing and technological innovations: a firm-level analysis

Bartel, Ann; Lach, Saul; Sicherman, Nachum - 2008

This paper presents a dynamic model that analyzes how firms' expectations with regards to technological change influence the demand for outsourcing. We show that outsourcing becomes more beneficial to the firm when technology is changing rapidly. As the pace of innovations in production...

Persistent link: https://www.econbiz.de/10010268654

Outsourcing and technological change

Bartel, Ann; Lach, Saul; Sicherman, Nachum - 2009

We present a dynamic model where the probability of outsourcing production is increasing in the firm's expectation of technological change. As the pace of innovations in production technologies increases, the less time the firm has to amortize the sunk costs associated with purchasing and...

Persistent link: https://www.econbiz.de/10010269467