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What Determines Corruption? International Evidence from Micro Data
Mocan, Naci H. - 2021
both personal and country characteristics determine the risk of exposure to bribery. Examples are gender, wealth, education … and 1980s, and the strength of the institutions in the country (measured by the risk of expropriation). The second part of …
Persistent link: https://www.econbiz.de/10013249263
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Understanding Ppps and Ppp-Based National Accounts
Deaton, Angus - 2010
, and economic historians. Frequently used global data come from the Penn World Table (PWT) and the World Bank's World … Development Indicators; a substantial fraction of the world is also covered in the PPP accounts produced by the OECD and the … practical problems of implementing it. All of these data are underpinned by the International Comparison Program (ICP), which …
Persistent link: https://www.econbiz.de/10012758136
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World Technology Usage Lags
Comin, Diego - 2010
across the world. We do so by calculating how many years ago these technologies were used in the U.S. at the same intensity …
Persistent link: https://www.econbiz.de/10012760552
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Why is Growth Better in the United States than in Other Industrial Countries
Feldstein, Martin S. - 2017
Although the official statistics imply that the rate of growth of real GDP in the United States has declined in recent years, it has still been substantially higher than the real growth rates in Europe and the other industrial countries, leading to higher real per capita incomes. This paper...
Persistent link: https://www.econbiz.de/10012960796
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The Rise and Decline of General Laws of Capitalism
Acemoglu, Daron - 2014
Thomas Piketty's (2014) book, Capital in the 21st Century, follows in the tradition of the great classical economists, like Marx and Ricardo, in formulating general laws of capitalism to diagnose and predict the dynamics of inequality. We argue that general economic laws are unhelpful as a guide...
Persistent link: https://www.econbiz.de/10013039764
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Bank-Based or Market-Based Financial Systems : Which is Better?
Levine, Ross - 2008
For over a century, economists and policy makers have debated the relative merits of bank-based versus market-based financial systems. Recent research, however, argues that classifying countries as bank-based or market is not a very fruitful way to distinguish financial systems. This paper...
Persistent link: https://www.econbiz.de/10012774642
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Development, Structure, and Transformation : Some Evidence on Comparative Economic Growth
McCord, Gordon C. - 2013
We suggest that the geographical patterns of income differences across the world have deep underpinnings. We emphasize … characteristics of economies. Per capita incomes differ around the world in no small part because of sharp differences across regions … middle income; the distribution of economic activity around the world today; the patterns of growth between 1960 and 2010 …
Persistent link: https://www.econbiz.de/10013074652
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Growth Accelerations
Hausmann, Ricardo; Pritchett, Lant; Rodrik, Dani - 2022
Unlike most cross-country growth analyses, we focus on turning points in growth performance. We look for instances of rapid acceleration in economic growth that are sustained for at least eight years and identify more than 80 such episodes since the 1950s. Growth accelerations tend to be...
Persistent link: https://www.econbiz.de/10013321621
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International Differences in Fiscal Policy During the Global Crisis
Bénétrix, Agustín S. - 2010
We examine the cross-country dispersion in fiscal outcomes during 2007-2009. In principle, international differences in fiscal policy may be related to differences in optimal fiscal positions, funding constraints, political economy factors and fiscal control problems. We find that the decline in...
Persistent link: https://www.econbiz.de/10013138322
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Subjective Well-Being, Income, Economic Development and Growth
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - 2021
most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is …
Persistent link: https://www.econbiz.de/10013225019