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? How are wages determined? What role do labor market dynamics play in explaining business cycles and growth? The survey …
Persistent link: https://www.econbiz.de/10005822179
uninsurable labor income risk, and economic growth in a small open overlapping-generations economy with heterogeneous agents. It … impact of higher inequality on the aggregate human capital stock, and thus, on growth may be positive. This result rests on …
Persistent link: https://www.econbiz.de/10005822202
findings from a growing empirical literature that suggests that gender equity in education promotes economic growth and reduce … fertility, child mortality, and undernutrition, we estimate what the costs in terms of growth, and forgone fertility, mortality … per capita growth rates as a result and will have 0.1-0.4 more children per woman, and, by 2015, an average of 15 per 1000 …
Persistent link: https://www.econbiz.de/10005822283
growth. A summary of what we learn from the econometric results concludes the paper. …
Persistent link: https://www.econbiz.de/10005822371
macroeconomic performance (that is, on per capita GDP growth). However, we find that dynamic ethnic fractionalization is negatively … related to growth (although this is still not the case for linguistic and religious fractionalization). These findings are …
Persistent link: https://www.econbiz.de/10005822423
of atypically rapid growth of total factor productivity (TFP) relative to levels in OECD countries, and that the rise in …
Persistent link: https://www.econbiz.de/10005822655
, and (iii) productivity and growth, relative to the contributions of the entrepreneurs’ counterparts, i.e. the ‘control … growth and produce and commercialize high quality innovations. They are more satisfied than employees. More importantly …, recent studies show that entrepreneurial firms produce important spillovers that affect regional employment growth rates of …
Persistent link: https://www.econbiz.de/10005822686
The perpetual inventory method used for the construction of education data per country leads to systematic measurement error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic difference in the education level between census data and observations...
Persistent link: https://www.econbiz.de/10005822889
Praktisch alle wirtschaftlich entwickelten Länder der Welt sind demokratisch. Sind demokratische Strukturen also kausal für wirtschaftlichen Wohlstand und Wachstum? Oder ist es vielmehr der wirtschaftliche Entwicklungsstand eines Landes, der eine Demokratie erst ermöglicht? Dieser Artikel...
Persistent link: https://www.econbiz.de/10005822946
and growth rates should be lower in countries that rely on a military draft to recruit their army personnel. For OECD …
Persistent link: https://www.econbiz.de/10005822977