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growth will have a significant positive impact on happiness in poorer countries, if not richer. The time trends of subjective … rate of growth in GDP per capita significantly positively associated with a greater improvement in SWB. In the developing … countries studied here a greater increase in happiness does not accompany more rapid economic growth. These conclusions hold …
Persistent link: https://www.econbiz.de/10010271238
Within a general equilibrium framework of a developing economy with a foreign owned factor of production, this paper questions whether the informal-formal sector relationship is procyclical/ complementary - expansion or contraction in one necessarily implies an expansion or contraction in the...
Persistent link: https://www.econbiz.de/10010274701
the labor force. Using Solow growth and endogenous growth models, we show that the labor market need not contain all the … is meant to ensure that unemployment is not trended in response to growth in the capital stock, the labor force, or …
Persistent link: https://www.econbiz.de/10010265548
There is no significant relationship between the improvement in happiness and the long term rate of growth of GDP per …-term positive association between the growth of happiness and income, arising from fluctuations in macroeconomic conditions, with …
Persistent link: https://www.econbiz.de/10010269194
This article analyses IMF estimates of economic growth in 180 countries (IMF, 2009), and inks the results to the Re … contemporary economic growth and social performance. In a Schumpeterian fashion, MNC penetration reflects the power, which …
Persistent link: https://www.econbiz.de/10010271250
—together with standard growth models to frame the role of religion in economic growth. Unifying a growing literature, we argue that … religion can enhance or impinge upon economic growth through all four elements because it shapes individual preferences …
Persistent link: https://www.econbiz.de/10014469638
This article analyses IMF estimates of economic growth in 180 countries (IMF, 2009), and inks the results to the "Re … contemporary economic growth and social performance. In a Schumpeterian fashion, MNC penetration reflects the power, which …
Persistent link: https://www.econbiz.de/10005015499
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
evolved non-monotonically in the course of human history. In early stages of development, risk-tolerant, growth promoting … evolutionary advantage, diminishing the growth potential of advanced economies and contributing to convergence in economic growth …
Persistent link: https://www.econbiz.de/10010282576
aid on growth. We call this homogeneity assumption into question, first constructing a model in which donor motives matter …
Persistent link: https://www.econbiz.de/10010269176