This paper investigates the impact of macroeconomic shocks on infant mortality in India andinvestigates likely mechanisms. A recent OECD-dominated literature shows that mortality atmost ages is pro-cyclical but similar analyses for poorer countries are scarce, and bothincome risk and mortality...

We investigate the information content of aggregate stock market liquidity and askwhether it may be a useful realtime indicator, both for nancial stress, and real economicactivity in Norway. We describe the development in a set of liquidity proxies at the OsloStock Exchange (OSE) for the period...

Der Gesundheitssektor zählt mit rund 240 Mrd. € Umsatz (2003) und rund 4,2 Mio. Beschäftigten (2004/Angaben des Statistischen Bundesamtes) zu den größten und wachstumsstärksten Sektoren der deutschen Volkswirtschaft. Das deutsche Gesund-heitssystem wie die medizinischen Kompetenzen gelten...

Traditional theories of the origins of the welfare state have emphasized the financial weakness of Britain’s largest provider of mutual insurance in the late 19th century, the friendly societies. These theories share common implications with contemporary theories of institutional change...

Sick-pay is a common provision in labor contracts. It insures workersagainst a sudden loss of income due to unexpected absences andhelps them smooth consumption. Therefore, many governments findsick-pay socially desirable and choose to mandate its provision. Butsick-pay is not without its...

Since the 1980s a fundamental change of the social and economic systemin the People´s Republic of China (PRC) and in the Republic of SouthAfrica (SA) has taken place. In the development and transformation process, entrepreneurship plays an important role, and its promotion is one of the most...