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Debt and Economic Growth in Developing and Industrial Countries

Schclarek, Alfredo - 2004

This paper empirically explores the relationship between debt and growth for a number of developing and industrial economies. For developing countries, we find that lower total external debt levels are associated with higher growth rates, and that this negative relationship is driven by the...

Persistent link: https://www.econbiz.de/10013208488

Agriculture, diffusion, and development: Ripple effects of the neolithic revolution

Putterman, Louis - 2006

Are the Neolithic revolution’s effects still impacting incomes across the world today? I find strong support for this proposition using new, country-specific estimates of the timing of agricultural transition. While support with my data is slightly weaker than with the coarser data of Hibbs...

Persistent link: https://www.econbiz.de/10010318923

Early starts, reversals and catchup in the process of economic development

Chanda, Areendam; Putterman, Louis - 2004

Early states like China, India, Italy and Greece have been experiencing more rapid economic growth in recent decades than have later-comers to agriculture and statehood like New Guinea, the Congo, and Uruguay. We show that more rapid growth by early starters has been the norm in economic...

Persistent link: https://www.econbiz.de/10010318983

Optimal taxation and debt with uninsurable risks to human capital accumulation

Gottardi, Piero; Kajii, Atsushi; Nakajima, Tomoyuki - 2014

We consider an economy where individuals face uninsurable risks to their human capital accumulation and study the problem of determining the optimal level of linear taxes on capital and labor income together with the optimal path of the debt level. We show both analytically and numerically that...

Persistent link: https://www.econbiz.de/10011310194

Subdued potential growth: Sources and remedies

Celik, Sinem Kilic; Kose, M. Ayhan; Ohnsorge, Franziska - 2020

Global potential output growth has been flagging. At 2.5 percent in 2013-17, post-crisis potential growth is 0.5 percentage point below its longer-term average and 0.9 percentage point below its average a decade ago. Compared with a decade ago, potential growth has declined 0.8 percentage point...

Persistent link: https://www.econbiz.de/10012388937

Economic possibilities for our grandchildren: 90 years later

Bibow, Jörg - 2024

This paper revisits Keynes's (1930) essay titled "The economic possibilities for our grandchildren." We discuss the three broader trends identified by Keynes that he expected would come to characterize the socio-economic evolution of advanced countries under individualistic capitalism: first,...

Persistent link: https://www.econbiz.de/10014474505

Geographical origins and economic consequences of language structures

Galor, Oded; Özak, Ömar; Sarid, Assaf - 2016

This research explores the economic causes and consequences of language structures. It advances the hypothesis and establishes empirically that variations in pre-industrial geographical characteristics that were conducive to higher return to agricultural investment, larger gender gap in...

Persistent link: https://www.econbiz.de/10011669326

Arm-wrestling in the classroom: The non-monotonic effects of monitoring teachers

Lichand, Guilherme; Wolf, Sharon - 2020

Teacher absenteeism and shirking are common problems in developing countries. While monitoring teachers should ameliorate those problems, mobilizing parents to do so often leads to small or even negative effects on learning outcomes. This paper provides causal evidence that this might result...

Persistent link: https://www.econbiz.de/10012253773

Migration and university education: An empirical (macro) link

Akkoyunlu, Şule; Epstein, Gil S.; Gang, Ira N. - 2022

Distinguishing between short-run and long-run outcomes we provide new insight into the relationship between education … university education in Turkey and migration to Germany. We implement bounds testing procedures to ascertain the long …-linear long-run and short-run relationship between home country university education and Turkish migration to Germany over 1970 …

Persistent link: https://www.econbiz.de/10014304178

Arm-wrestling in the classroom: The non-monotonic effects of monitoring teachers

Lichand, Guilherme; Wolf, Sharon - 2021

the design of accountability programs above and beyond education. …

Persistent link: https://www.econbiz.de/10012439351

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