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Inflation and welfare in long-run equilibrium with firm dynamics
Janiak, Alexandre; Monteiro, Paulo Santos - 2009
We analyze the welfare cost of inflation in a model with cash-in-advance constraints and an endogenous distribution of establishments' productivities. Inflation distorts aggregate productivity through firm entry dynamics. The model is calibrated to the United States economy and the long-run...
Persistent link: https://www.econbiz.de/10010269435
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Skill-biased change in entrepreneurial technology
Poschke, Markus - 2010
In contrast to the very large literature on skill-biased technical change among workers, there is hardly any work on the importance of skills for the entrepreneurs who employ those workers, and in particular on their evolution over time. This paper proposes a simple theory of skill-biased change...
Persistent link: https://www.econbiz.de/10010274617
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Transitions to entrepreneurship and industry-specific barriers
Lofstrom, Magnus; Bates, Timothy; Parker, Simon C. - 2011
Drivers of entrepreneurial entry are investigated in this study by examining how entry into small-business ownership is shaped by industry-specific constraints. The human- and financial-capital endowments of potential entrepreneurs entering firms in various industries are shown to differ...
Persistent link: https://www.econbiz.de/10010282246
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The determinants of regional migration in Great Britain: a duration approach
Andrews, Martyn J.; Clark, Ken; Whittaker, William - 2008
Using data from the first fourteen waves of the British Household Panel Survey, we estimate a discrete duration model of interregional migration in Great Britain. By exploiting retrospective information on residency we control for late entry as well as unobserved heterogeneity. We find...
Persistent link: https://www.econbiz.de/10010270628
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The Determinants of Regional Migration in Great Britain: A Duration Approach
Andrews, Martyn J.; Clark, Ken; Whittaker, William - Institute for the Study of Labor (IZA) - 2008
Using data from the first fourteen waves of the British Household Panel Survey, we estimate a discrete duration model of interregional migration in Great Britain. By exploiting retrospective information on residency we control for late entry as well as unobserved heterogeneity. We find...
Persistent link: https://www.econbiz.de/10005822368
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Structural Change and Innovation as Exit Strategies from the Middle Income Trap
Vivarelli, Marco - 2014
capabilities and knowledge, considered as key inputs to foster economic growth. Then, attention will be turned to structural change …
Persistent link: https://www.econbiz.de/10010352253
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The Development and Happiness of Very Young Children
Anand, Paul; Roope, Laurence - 2016
involvement in cognate activities with a parent, indicating a behavioural relationship between capabilities and activities which …
Persistent link: https://www.econbiz.de/10011559646
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Globalization, Structural Change and Innovation in Emerging Economies: The Impact on Employment and Skills
Vivarelli, Marco - 2018
This paper aims to provide a critical overview of the drivers that the relevant theoretical and empirical literature suggests being crucial in dealing with the challenges an emerging country may encounter in its attempts to further catch-up a higher income status, with a particular focus devoted...
Persistent link: https://www.econbiz.de/10011931814
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The economics and psychology of inequality and human development
Cunha, Flavio; Heckman, James Joseph - 2009
environments and investments in children are substantial. They causally affect the development of capabilities. Both cognitive and … noncognitive capabilities determine success in life but to varying degrees for different outcomes. An empirically determined … technology of capability formation reveals that capabilities are self-productive and cross-fertilizing and can be enhanced by …
Persistent link: https://www.econbiz.de/10010274252
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Bentham or Aristotle in the Development Process? An Empirical Investigation of Capabilities and Subjective Well-being
Graham, Carol Lee; Nikolova, Milena - 2014
between opportunities and SWB dimensions, distinguishing between actual capabilities and means (education, employment, and … capabilities and SWB (particularly, life evaluations), which varies across world regions. Capabilities can also be associated with …
Persistent link: https://www.econbiz.de/10010481615