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Changing Paradigm of Indo-Japan Relations: Opportunities and Challenges

Rajamohan, P. G.; Rahut, Dil Bahadur; Jacob, Jabin T. - 2008

vision, most noticeably in Asia, and has broadened the definition of its security interests. As a result, India-Japan … global partnership between them.India and Japan share a special relationship as fellow democracies without hegemonic … and future economic and population dynamics in both the countries mean that India-Japan relations will continue to improve …

Persistent link: https://www.econbiz.de/10011807618

The biocultural origins of human capital formation

Galor, Oded; Klemp, Marc - 2014

This research explores the biocultural origins of human capital formation. It presents the first evidence that moderate fecundity and thus predisposition towards investment in child quality was conducive for long-run reproductive success within the human species. Using an extensive genealogical...

Persistent link: https://www.econbiz.de/10011526705

Japanese growth and stagnation: A Keynesian perspective

Nakatani, Takeshi; Skott, Peter - 2006

This paper uses a modi.ed Harrodian model to understand both the long period of rapid Japanese growth and the recent period of stagnation. The model has multiple steady-growth solutions when the labour supply is highly elastic, and government intervention, we argue, took the Japanese economy...

Persistent link: https://www.econbiz.de/10010287845

Macroeconomic determinants of exit from aid-dependence

Hailu, Degol; Shiferaw, Admasu - 2012

This paper analyses macroeconomic aspects of exit from aid-dependence. By 'exit from aid', we mean substantial and enduring decline over time in Official Development Assistance (ODA) as a share of Gross Domestic Product (GDP). The relevant macroeconomic variables are identified by systematically...

Persistent link: https://www.econbiz.de/10010293266

The impact of inflation targeting on unemployment in developing and emerging economies

Divino, Jose Angelo - 2009

Several countries around the world have adopted the inflation targeting regime for monetary policy. Despite the growing literature on the issue, it is not clear whether developing and emerging countries can improve their economic performance by adopting inflation targeting. This working paper...

Persistent link: https://www.econbiz.de/10010293308

Solving consumption models with multiplicative habits

Carroll, Christopher D. - 2000

This paper provides derivations necessary for solving an optimal consumption problem with multiplicative habits and a CRRA 'outer' utility function either for a microeconomic problem with both labor income risk and rate-of-return risk or for a macroeoconomic representative agent model.

Persistent link: https://www.econbiz.de/10010293504

The relationship between housing investment and economic growth in China: A panel analysis using quarterly provincial data

Chen, Jie; Zhu, Aiyong - 2008

In this paper we investigate the long-run and short-run relationship between housing investment and economic growth in China using the quarterly province-level panel data for the period 1999 q1 to 2007 q4. Recently developed econometric techniques for panel unit root testing and heterogeneous...

Persistent link: https://www.econbiz.de/10010321479

Does Free Trade Really Reduce Growth? Further Testing Using the Economic Freedom Index

Berggren, Niclas; Jordahl, Henrik - 2003

While studies of the relationship between economic freedom and economic growth have shown it to be positive, significant and robust, it has rightly been argued that different areas of economic freedom may have quite different effects on growth. Along that line, Carlsson and Lundström (2002)...

Persistent link: https://www.econbiz.de/10010321548

Desarrollo del mercado accionario y crecimiento económico: Alguna evidencia para la Argentina

Lanteri, Luis - 2013

This paper examines the relationship between stock market development and economic growth in case of Argentina's economy. Apply Granger causality and exogeneity tests based on VEC (vector error correction) models with monthly data covering the period 1993:1-2010:8. The results show that the...

Persistent link: https://www.econbiz.de/10010325080

Heterogeneous convergence

Young, Andrew T.; Higgins, Matthew J.; Levy, Daniel - 2013

We use U.S. county-level data to estimate convergence rates for 22 individual states. We find significant heterogeneity. E.g., the California estimate is 19.9 percent and the New York estimate is 3.3 percent. Convergence rates are essentially uncorrelated with income levels.

Persistent link: https://www.econbiz.de/10010335973

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