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Unequal transition : the widening wealth gap amidst China's rapid growth
Jiang, Yangtian; Zheng, Yu; Zhu, Lijun - 2023
wealth, whereas the majority working class, partly due to limited investment available from an underdeveloped financial …
Persistent link: https://www.econbiz.de/10014314291
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Can countries rely on foreign saving for investment and economic development?
Cavallo, Eduardo A.; Eichengreen, Barry; Panizza, Ugo - 2016
A surprisingly large number of countries have been able to finance a significant fraction of domestic investment using … investment was financed via private capital inflows. That said, foreign savings are not a good substitute for domestic savings … abruptly with compression of the current account, real exchange rate depreciation, and a sharp slowdown in investment. Summing …
Persistent link: https://www.econbiz.de/10011519098
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Deconstructing China's and India's growth : the role of financial policies
Aziz, Jahangir (contributor) - 2008
and investment high. It finds that the low cost of capital has been quantitatively an important factor. Theory predicts … rebalance growth towards relying more on consumption and less on exports and investment, banking sector reforms and financial …
Persistent link: https://www.econbiz.de/10003758478
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Gone with the wind : demographic transitions and domestic saving
Cavallo, Eduardo A.; Sánchez, Gabriel; Valenzuela, Patricio - 2016
This study explores the relationship between demographic factors and saving rates using a panel dataset covering 110 countries between 1963 and 2012. In line with predictions from theory, this paper finds that lower dependency rates and greater longevity increase domestic saving rates. However,...
Persistent link: https://www.econbiz.de/10011457320
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Credit and saving constraints in general equilibrium : evidence from survey data
Granda Carvajal, Catalina; Hamann S., Franz A.; Tamayo, … - 2017
In this paper, we build a heterogeneous agents-dynamic general equilibrium model wherein saving constraints interact with credit constraints. Saving constraints in the form of fixed costs to use the financial system lead households to seek informal saving instruments (cash) and result in lower...
Persistent link: https://www.econbiz.de/10011656466
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Migrant networks and job search outcomes : evidence from displaced workers
Colussi, Tommaso - 2013 - First draft: December 2011, This version: June 2013
sheds light on the different mechanisms generating the social effect and it highlights the role of migrant networks in …
Persistent link: https://www.econbiz.de/10009766167
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Which factors explain the rising ethnic heterogeneity in Italy? : an empirical analysis at province level
Cattaneo, Cristina - 2014
The paper investigates the determinants of ethnic heterogeneity of the Italian provinces. Among other factors, the paper tests empirically whether gradual improvements in distant communication boost the generation of ethnically heterogeneous provinces. Consequently to easier communication,...
Persistent link: https://www.econbiz.de/10010336545
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Understanding the role of immigrants' legal status : evidence from policy experiments
Fasani, Francesco - 2014
Programs aimed at reducing the presence of unauthorised immigrants are often at the core of the migration policy debate in host countries. In recent years, a growing body of empirical literature has attempted to understand the effect of lacking legal status on immigrants' outcomes and behaviour....
Persistent link: https://www.econbiz.de/10010472833
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Work and health in Switzerland : immigrants and natives
Winkelmann, Rainer (contributor) - 2002 - [Elektronische Ressource]
This paper is concerned with a comparison of immigrants and Swiss citizens with respect to level of education, labor market outcomes and healthcare utilization. The evidence is based on data for 1999 from the first wave of the Swiss Household Panel. In order to control for confounding...
Persistent link: https://www.econbiz.de/10001729412
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Citizenship and the economic assimilation of Canadian immigrants
Zanoni López, Wladimir; He, Ailin - 2021
In this paper, we examine whether acquiring citizenship improves the economic assimilation of Canadian migrants. We took advantage of a natural experiment made possible through changes in the Canadian Citizenship Act of 2014, which extended the physical presence requirement for citizenship from...
Persistent link: https://www.econbiz.de/10012586727