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Natural resources, investment and long-term income
Papyrakis, Elissaios; Gerlagh, Reyer - 2004
We study the negative correlation between natural resource-abundance and long-term income focusing on the savings-investment channel. We first present empirical evidence on this channel and then develop an OverLapping-Generations (OLG) model to study the issue. In this model, savings adjust...
Persistent link: https://www.econbiz.de/10011603136
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Macroeconomic consequences of global endogenous migration : a general equilibrium analysis
Borgy, Vladimir; Chojnicki, Xavier; Le Garrec, Gilles; … - 2009
Persistent link: https://www.econbiz.de/10003927188
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Migration and pension
Razin, Asaf; Tsadḳah, Efrayim - 1998
Persistent link: https://www.econbiz.de/10000993921
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Risk preference and child labour : econometric evidence
Frempong, Raymond Boadi; Stadelmann, David - 2020
The literature suggests that the household invests in the human capital of a child member not only for altruistic reasons but also as insurance against future income shocks. Hence, the allocation of the child's time between school and work is a function of the risk preference of the household...
Persistent link: https://www.econbiz.de/10012200935
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Assessing public pensions using ruin probability : pay-as-you-go versus mixed schemes
Alonso-García, Jennifer; Boado-Penas, María del Carmen; … - 2024
Persistent link: https://www.econbiz.de/10014631072
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Intergenerational risk sharing in pay-as-you-go pension schemes
Morsomme, Hélène; Alonso-García, Jennifer; Devolder, … - 2024
Persistent link: https://www.econbiz.de/10014534680
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A new look at uncertainty shocks : imperfect information and misallocation
Senga, Tatsuro - 2015
Uncertainty faced by individual firms appears to be heterogeneous. In this paper, I construct new empirical measures of … firm-level uncertainty using data from the I/B/E/S and Compustat. These new measures reveal persistent differences in the … degree of uncertainty facing individual firms not reflected by existing measures. Consistent with existing measures, I find …
Persistent link: https://www.econbiz.de/10011401309
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Policy uncertainty and foreign direct investment : evidence from the China-Japan island dispute
Chen, Cheng; Senga, Tatsuro; Sun, Chang; Zhang, Hongyong - 2016
Can a temporary negative shock generate long-lasting effects on economic activities? To show causal evidence, we utilize data from Japanese multinational corporations (MNCs) and explore the economic impact of the unexpected escalation of an island dispute between China and Japan in 2012. Our...
Persistent link: https://www.econbiz.de/10011554377
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Long-run investment under uncertain demand
Di Corato, Luca; Moretto, Michele; Vergalli, Sergio - 2013
In the literature investigating the impact of uncertainty on short-run and long-run investment, most authors have used …
Persistent link: https://www.econbiz.de/10010189451
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Global uncertainty and international migration to Western Europe
Albis, Hippolyte d’; Boubtane, Ekrame; Coulibaly, Dramane - 2022
Persistent link: https://www.econbiz.de/10013407517