Showing 1 - 10 of 34
This paper uses the standard one-sector neoclassical growth model to investigate why China's consumption has been low and investment high. It finds that the low cost of capital has been quantitatively an important factor. Theory predicts that the price of capital may have been significantly...
Persistent link: https://www.econbiz.de/10011807630
reference to China and India, with their very distinctive public policy approaches. Much of the economics literature either does …
Persistent link: https://www.econbiz.de/10010397192
competitiveness in the region. The purpose of this paper is to examine the patterns of U.S. trade relationships with China and India …
Persistent link: https://www.econbiz.de/10011807626
The comparison of the key features of trade integration processes and the economic outcomes in China and India reveals … of public ownership and important regulatory barriers continue to dominate the services sectors. India has gone a long … still persists which likely adds to the hurdles faced by the Indian manufacturing sector. India has revealed a comparative …
Persistent link: https://www.econbiz.de/10011807627
manufacturing sector of China and India. We first provide a comparison between India and China using a broad international … perspective. We find that China has increased its labor productivity to a level above that of India, but due to a somewhat higher … compensation level, China is still somewhat at a disadvantage in terms of unit labor cost in manufacturing relative to India. In …
Persistent link: https://www.econbiz.de/10011807634
Comparisons of India and China have been made for over 50 years. This paper focuses on purchasing power estimates in … China and India in the 2005 round of the UN International Comparison Programme (ICP) that was coordinated by the World Bank … currencies and real product per capita for 146 countries, and the results for China and India are discussed in the context of the …
Persistent link: https://www.econbiz.de/10011807635
against the backdrop of the US experience in an attempt to draw concrete lessons for India. …
Persistent link: https://www.econbiz.de/10011807650
We evaluate retirement savings adequacy using a large panel of U.S. workers with a 401(k) account. We model medical expenditures, longevity, investment risk, and the likelihood of withdrawals due to hardship, job separation, and reaching age 59 1/2. Based on their current account balances,...
Persistent link: https://www.econbiz.de/10013479466
The institution of marriage has served to funnel economic resources from fathers to children. Its continued decline in the countries of the developed world threatens the adequacy of the economic support of human reproduction, now increasingly provided by women. Its decline is also probably...
Persistent link: https://www.econbiz.de/10010294870
Since the 1970s almost all states have introduced a form of joint custody after divorce. We analyze the causal effect of these custody law reforms on the incidence of marriage and divorce. Our identification strategy exploits the different timing of reforms across states and the control group of...
Persistent link: https://www.econbiz.de/10010294901