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Union-nonunion wage differentials have been extensively studied by labor economists, but for lack of data on the developing world the study has been confined largely to the industrial world. This paper is one of the first attempts to empirically examine those differentials in a developing...
Persistent link: https://www.econbiz.de/10005079633
Almost by definition, the basis for development is infrastructure - whether services for human infrastructure (health, education, nutrition) or physical infrastructure (transport, energy, water). Although the infrastructure sectors are diverse, what they have in common is that public policy has...
Persistent link: https://www.econbiz.de/10005030369
Economic approaches to health and nutrition have focused largely on measures of child nutrition and related variables (such as birth weight) as indicators of household production of nutritional outcomes. But when dealing with adult nutrition, economists have to address an issue that has...
Persistent link: https://www.econbiz.de/10005079704
The author, using a neoclassical Solow model, estimates an economy's rate of convergence to its own steady state. Using panel date for a sample of 98 countries, the author applies Chamberlain's (1984) estimation procedures to account for the presence of country-specific effects resulting from...
Persistent link: https://www.econbiz.de/10005080197
Sri Lanka has had double-digit unemployment rates for more than a decade.And by 1990, 85 percent of the unemployed had spent more than a year searching for a job. Rama analyzes whether high unemployment rates and long spells of unemployment are the result of profuse legislation of the labor...
Persistent link: https://www.econbiz.de/10005133740
Except for two relatively minor statutes, U.S. environmental laws do not permit the balancing of costs and benefits in setting environmental standards. The Clean Air Act, for example, prohibits the Environmental Protection Agency (EPA) from considering costs in setting ambient air quality...
Persistent link: https://www.econbiz.de/10005134357
North (1984) argues that it is not the cost of transport but the cost of transactions that prevents economies from realizing well-being - and that institutions matter because they affect the costs of transactions. The authors analyze the role of the deliberation council - an institution common...
Persistent link: https://www.econbiz.de/10005141913
The restructuring of Mexico's economy has had surprisingly little effect on Mexican unemployment, which is low even in the worst years. The authors ask: Is the official definition of unemployment adequate? Is unemployment properly measured? And who bears its burden? Is the welfare cost of...
Persistent link: https://www.econbiz.de/10005116315
Transfers to the rural land-poor are widely advocated and used in attempts to reduce rural poverty. Such transfers are believed to be productive, in that the final gain to the poor exceeds the initial transfer. The evidence cited most often to support this view is the negative correlation...
Persistent link: https://www.econbiz.de/10005079693
Widespread private capital inflows to middle-income countries have surged over the past three years. At the same time, Brady-type debt reduction operations and domestic policy reform took place, indicators of country creditworthiness improved dramatically, and international interest rates...
Persistent link: https://www.econbiz.de/10005079760