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Using a large panel of administrative records this study confirms the predictions of the ranking model of Blanchard and Diamond (1994) that an individual's probability of leaving unemployment decreases with unemployment duration and increases with economic growth. However, the ranking model of...
Persistent link: https://www.econbiz.de/10011403854
Using a large panel of administrative records this study confirms the predictions of the ranking model of Blanchard and Diamond (1994) that an individual's probability of leaving unemployment decreases with unemployment duration and increases with economic growth. However, the ranking model of...
Persistent link: https://www.econbiz.de/10013320786
The dynamic relationship between population and economic growth has not reached a consensus on whether it is positive, negative, or neutral. Using annual panel data for the 32 Mexican states over the period 1940-2020, this paper examines the joint dynamics of population growth and GDP per...
Persistent link: https://www.econbiz.de/10014514732
This paper investigates how innovation potential of a country contributes to avoid or escape the middle income trap. We measure innovation potentials of 77 countries from 1975 to 2010 from patent data. Then, we test whether indigenous innovative efforts or foreign ones help avoid and escape...
Persistent link: https://www.econbiz.de/10011213716
This paper examines the growth performance of sub-Saharan African countries since 1960 through the lens of growth turning points (accelerations and decelerations) and periods of sustained growth (growth spells). Growth accelerations are generally associated with improved external conditions,...
Persistent link: https://www.econbiz.de/10012946903
We propose a model that accounts for the potential feedback between schooling performance, human capital accumulation and long run GDP growth, and links these results with poverty incidence. Our simulation exercise takes into account targets for education indicators and GDP growth itself (as...
Persistent link: https://www.econbiz.de/10014216905
We study episodes where economic growth decelerates to negative rates. While the majority of these episodes are of short duration, a substantial fraction last for a longer period of time than can be explained as the result of business-cycle dynamics. The duration, depth and associated output...
Persistent link: https://www.econbiz.de/10014058291
Persistent link: https://www.econbiz.de/10012626607
Persistent link: https://www.econbiz.de/10014366590
This paper studies the impact of long-run productivity growth on job finding and separation rates, and thus the unemployment rate, using a search and matching model. We incorporate disembodied technological progress and on-the-job search into the endogenous job separation model of Mortensen and...
Persistent link: https://www.econbiz.de/10003921741