Showing 1 - 10 of 14,149
The paper introduces a new specification of the Kuznets curve, where turning point per capita income is conditioned to the level of financial development. Within the proposed framework, it then provides new evidence on real income convergence for the euro area (EA) since the mid-1980s, with a...
Persistent link: https://www.econbiz.de/10013011079
Structural change can be both, a cause or a consequence of innovation, while structural change and innovations are usually accompanied by short-term outcomes of social inclusion or exclusion. Inclusion may in turn have an impact on further innovations. Yet, we find little evidence in the...
Persistent link: https://www.econbiz.de/10012900176
In this paper I give an overview of how contemporary international labour migration can affect the country of origin. I do not intend to reach a grand conclusion concerning the ultimate effect of labour emigration on development. International labour migration is a complex phenomenon with a...
Persistent link: https://www.econbiz.de/10014159986
This paper explores the influence of the economic cycle on labour mobility within the EU, focusing on the likely impact of the present economic crisis. To do so, we use an econometrically calibrated simulation and a case study of Ireland. We find that, in the short run, the crisis is likely to...
Persistent link: https://www.econbiz.de/10003874247
This paper empirically investigates the link between financial structure and income inequality. Using data for a panel of 97 economies over the period 1989-2012, we find that the relationship is not monotonic. Up to a point, more finance reduces income inequality. Beyond that point, inequality...
Persistent link: https://www.econbiz.de/10012896701
Across the world, we observe different experiences in terms of inequality between migrant and 'host …
Persistent link: https://www.econbiz.de/10012137942
This study analyzes the relationship among financial development, economic growth, and income inequality using cross-country panel VAR models. Most theoretical models state that these variables interact with one another and generate feedback dynamics. Under the presence of such interactive...
Persistent link: https://www.econbiz.de/10012917898
In the present paper a discussion will be made about the crucial topic of fostering entrepreneurship as the cornerstone of capitalism (by avoiding too hard austerity measures and helping instead entrepreneurship in various ways) so as to make corporations profitable and ultimately create jobs,...
Persistent link: https://www.econbiz.de/10013096766
Studies regarding the migrants' impact upon performance variables and in particular upon productivity growth - which is … industries and regions and output and productivity growth. We do obtain robust results with respect to the positive impact of the … - on the relationship between productivity growth and the shares of migrants and of high-skilled migrants in overall …
Persistent link: https://www.econbiz.de/10011392342
Industrial Revolution, peaked during the Second World War, and decreased afterwards. This pattern is fully consistent with the …
Persistent link: https://www.econbiz.de/10011671956