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There is a well-known debate about the roles of geography versus institutions in explaining the long-term development of countries. These debates have usually been based on cross-country regressions where questions about parameter heterogeneity, unobserved heterogeneity, and endogeneity cannot...
Persistent link: https://www.econbiz.de/10010268882
Firms in Kenya rely on technologies such as computers, cell-phones, and generators to overcome constraints associated with regulations, infrastructure, security, workforce, corruption, and finance. This study shows that such reliance has significant positive impacts on productivity as measured...
Persistent link: https://www.econbiz.de/10010274691
Using a country-industry panel dataset (EUKLEMS) we uncover a robust empirical regularity, namely that high-risk innovative sectors are relatively smaller in countries with strict employment protection legislation (EPL). To understand the mechanism, we develop a two-sector matching model where...
Persistent link: https://www.econbiz.de/10010277257
jointly contributed to the upsurge in aggregate savings in China in the past two decades. Government policies to rebalance the …
Persistent link: https://www.econbiz.de/10010293143
If society's goal is to increase people's feelings of well-being, economic growth in itself will not do the job. Full employment and a generous and comprehensive social safety net do increase happiness. Such policies are arguably affordable not only in higher income nations but also in countries...
Persistent link: https://www.econbiz.de/10010293153
This paper analyzes the costs of job loss in China, using unique new data from the Rural-to-Urban Migration in China … segmented urban labor markets in China. All displaced workers have an increased likelihood of being informal, while only …
Persistent link: https://www.econbiz.de/10010293186
This paper constructs a theoretical labor market model for China, and utilizes the model to examine the effects of … three sectors - state-owned enterprises, private enterprises, and agriculture - and China's unique household registration …
Persistent link: https://www.econbiz.de/10010293202
with health shocks. Exploiting the rollout of a universal health insurance program in rural China, I find that total …
Persistent link: https://www.econbiz.de/10011288219
unique opportunity due to the recent establishment and expansion of the social pension system in rural China, we explicitly … highlight that living arrangement is multidimensional in rural China. …
Persistent link: https://www.econbiz.de/10011307335
Using longitudinal data from the China Health and Nutrition Survey, we examine how individual wages change in line with … education in China appear to be zero. We estimate an instrumental variables fixed effects model where share of college graduates … China and targeting it more toward poorly educated workers. …
Persistent link: https://www.econbiz.de/10011307352