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Growth in a Dual Economy
Blomstrom, Magnus; Wolff, Edward N. - 2021
Growth and structural transformation of the manufacturing sector in developing countries are generally considered to be the result of the expansion of the "modem" (large-scale) sector relative to the "traditional" (small-scale) sector. Examining the sources of labor productivity growth in...
Persistent link: https://www.econbiz.de/10013247412
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Does Religion Affect Economic Growth and Happiness? Evidence from Ramadan
Campante, Filipe R. - 2013
We study the economic effects of religious practices in the context of the observance of Ramadan fasting, one of the central tenets of Islam. To establish causality, we exploit variation in the length of the fasting period due to the rotating Islamic calendar. We report two key, quantitatively...
Persistent link: https://www.econbiz.de/10013071304
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New Age Thinking : Alternative Ways of Measuring Age, Their Relationship to Labor Force Participation, Goverment Policies and GDP
Shoven, John B. - 2007
The current practice of measuring age as years-since-birth, both in common practice and in the law, rather than alternative measures reflecting a person's stage in the lifecycle distorts important behavior such as retirement, saving, and the discussion of dependency ratios. Two alternative...
Persistent link: https://www.econbiz.de/10012775839
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Dynamic Scoring : A Back-of-The-Envelope Guide
Mankiw, N. Gregory; Weinzierl, Matthew - 2021
This paper uses the neoclassical growth model to examine the extent to which a tax cut pays for itself through higher economic growth. The model yields simple expressions for the steady-state feedback effect of a tax cut. The feedback is surprisingly large: for standard parameter values, half of...
Persistent link: https://www.econbiz.de/10013218509
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U.S. Growth in the Decade Ahead
Feldstein, Martin S. - 2010
This paper examines the likely growth of U.S. GDP in the decade beginning in 2010. I analyze the two components of the rise in GDP over this ten year period: (1) the recovery from the substantially depressed level of economic activity at the start of the decade; and (2) the rise in potential GDP that...
Persistent link: https://www.econbiz.de/10013148647
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A Darwinian Perspective on "Exchange Rate Undervaluation"
Du, Qingyuan - 2011
biological desire for a marriage partner is strong. Empirically, we show that within China, those regions with a faster increase …
Persistent link: https://www.econbiz.de/10013130254
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Long Run Trends in Unemployment and Labor Force Participation in China
Feng, Shuaizhang - 2015
Unemployment rates in countries across the world are typically positively correlated with GDP. China is an unusual … statistics. This paper calculates, for the first time, China's unemployment rate from 1988 to 2009 using a more reliable …, nationally representative household survey in China. The unemployment rates we calculate differ dramatically from those supplied …
Persistent link: https://www.econbiz.de/10013017497
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Economic Transition and Private-Sector Labor Demand : Evidence from Urban China
Iyer, Lakshmi - 2014
private sector in urban China. We show that a reform that untied access to housing in urban areas from working for the state …
Persistent link: https://www.econbiz.de/10013061768
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The Labor Supply Consequences of Having a Boy in China
Wang, Shing-Yi B. - 2019
Combining eight years of panel data with an event study approach, we show that rural Chinese women's labor supply falls for one year following the birth of a daughter before returning to their pre-birth levels. The negative impact of the birth of a son on women's labor supply is much larger in...
Persistent link: https://www.econbiz.de/10012864140
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The Unofficial Economy and Economic Development
La Porta, Rafael - 2010
In developing countries, informal firms (those that are not registered with the government) account for about half of all economic activity. We consider three broad views of the role of such firms in economic development. According to the romantic view, these firms would become the engine of...
Persistent link: https://www.econbiz.de/10013138466