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The commonly-used satellite images of nighttime lights fail to capture the true brightness of most cities. We show that night lights are a reliable proxy for economic activity at the city level, provided they are first corrected for top-coding. We present a stylized model of urban luminosity and...
Persistent link: https://www.econbiz.de/10011951641
Inequality has emerged as a key development challenge. It holds implications for economic growth and redistribution and … global inequality by leading inequality scholars, aligning these to comprehensive reviews of inequality trends in five of the … world’s largest developing countries - Brazil, China, India, Mexico, and South Africa. Each is a persistently high or newly …
Persistent link: https://www.econbiz.de/10013474199
consumption distribution, poverty and inequality for the world and specific country aggregates. …
Persistent link: https://www.econbiz.de/10010428804
Average adult height is a physical measure of the biological standard of living of a population. While the biological and economic standards of living of a population are very different concepts, they are linked and may empirically move together. If this is so, then cohort heights can also be...
Persistent link: https://www.econbiz.de/10011342277
The policy debate has been shifting from the finance-growth nexus to the finance-inequality relationship. In the …
Persistent link: https://www.econbiz.de/10011408920
This paper provides a basic understanding of the nature of emerging key information and communication technologies, and establishes the distance of countries from high-quality access to the internet - the necessary threshold one needs to cross in order to make use of such technologies. The paper...
Persistent link: https://www.econbiz.de/10011588874
In recent years, a growing body of economic literature has focused on the phenomenon of the so-called middle-income trap (MIT). The term usually refers to countries that have experienced rapid growth and thus quickly reached middle-income status, but then failed to overcome that income range to...
Persistent link: https://www.econbiz.de/10012205654
We test the hypotheses that fundamental characteristics in regional proximity, landlockedness, religious-domination, legal origin, and income levels affect cross-country differences in the persistence in political terror and political instability in 163 countries for the period 2010 to 2015. The...
Persistent link: https://www.econbiz.de/10012181789
We examine the impact of geo-referenced World Bank development programs on subnational development using equally sized grid cells with a spatial resolution of 0.5 decimal degrees latitude x longitude as the unit of investigation. The proposed grid cell approach solves a number of endogeneity...
Persistent link: https://www.econbiz.de/10011796164
The overarching question tackled in this paper is: to what degree has financial development contributed to providing opportunities of human development for those on low-incomes and by what information technology mechanisms? We survey about 180 recently published papers to provide recent...
Persistent link: https://www.econbiz.de/10011638882