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A large literature suggests that European settlement outside of Europe shaped institutional, educational, technological, cultural, and economic outcomes. This literature has had a serious gap: no direct measure of colonial European settlement. In this paper, we (1) construct a new database on...
Persistent link: https://www.econbiz.de/10011112583
Pakistan's education system faces long-standing problems in access, quality, and equal opportunity at every level: primary and secondary schools, higher education and vocational education. In spite of recent encouraging trends, such as the rapid spread of private schooling and an expansion of...
Persistent link: https://www.econbiz.de/10010884381
Persistent link: https://www.econbiz.de/10010725902
An important challenge to economists is to explain how financial contracts and institutions affect economic growth while simultaneously explaining how economic development elicits the creation and modification of an economy's financial structure. This paper addresses one side of this inherently...
Persistent link: https://www.econbiz.de/10005712700
Financial development disproportionately boosts incomes of the poorest quintile and reduces income inequality. About 40% of the long-run impact of financial development on the income growth of the poorest quintile is the result of reductions in income inequality, while 60% is due to the impact...
Persistent link: https://www.econbiz.de/10005716575
Persistent link: https://www.econbiz.de/10005810364
Does economic development depend on geographic endowments like temperate instead of tropical location, the ecological conditions shaping diseases, or an environment good for grains or certain cash crops? Or do these endowments of tropics, germs, and crops affect economic development only through...
Persistent link: https://www.econbiz.de/10005162666
Persistent link: https://www.econbiz.de/10005526362