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existing cross-country and within-country differences in both fertility and macroeconomic conditions. First, we use a panel of … rather than slowdowns in GPD growth, although we find a positive relationship between first births and growth. Despite that …
Persistent link: https://www.econbiz.de/10010269027
variables - education, governance or openness - result in virtuous growth cycles. These are smallest under an increase in trade …
Persistent link: https://www.econbiz.de/10010269768
documented by Monte Carlo experiments. An empirical application to modelling of real GDP growth and investment-output ratios … dominant effects are found. The results also suggest that increase in investment as a share of GDP predict higher growth rate …
Persistent link: https://www.econbiz.de/10010276258
growth models estimated across world regions, these low levels of cognitive skills can account for the poor growth …Economic development in Latin America has trailed most other world regions over the past four decades despite its … comparable income data. Our growth analysis using these data confirms the significant effects of cognitive skills on intra …
Persistent link: https://www.econbiz.de/10010274178
This paper shows that cross country differences in the generosity and the quality of the welfare state are associated with differences in the trustworthiness of their citizens. We show that generous, transparent and efficient welfare states in Scandinavian countries are based on the civicness of...
Persistent link: https://www.econbiz.de/10010274587
correlates with perceptions of corruption. We find judicial independence to be of major relevance for a tamed bureaucracy. …
Persistent link: https://www.econbiz.de/10010267660
panel VAR techniques to use a large annual dataset on 22 OECD countries over the period 1987-2009. The VAR approach allows …
Persistent link: https://www.econbiz.de/10010289971
Privatization policy faces increasing popular opposition in Latin America. We test for the determinants of this discontent. We use the results of Latinobarometro (2002), a survey of a representative sample of 18522 individuals in 17 countries as our dependent variable of perception, and a...
Persistent link: https://www.econbiz.de/10010267576
This paper presents a comparative overview of mobility patterns in 14 Latin American countries between 1992 and 2003. Using three alternative econometric techniques on constructed pseudo-panels, the paper provides a set of estimators for the traditional notion of income mobility as well as for...
Persistent link: https://www.econbiz.de/10010276065
growth of all firms, particularly micro and small firms. On the other hand, corruption and poor access to infrastructure …, business regulations, corruption, and to a lesser extent, infrastructure bottlenecks in explaining patterns of job creation at …-linearities in their impact on employment growth. The results suggest strong composition effects: A weak business environment shifts …
Persistent link: https://www.econbiz.de/10010268270