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Urbanization and risk preference in the People's Republic of China : a decomposition of the self-selection and assimilation effects
Shi, Xiaojun; Zhu, Yan - 2017
This paper argues that urbanization reshapes individual's risk preference by exerting self-selection and assimilation … average. Overall, urbanization improves migrants' risk appetite, and mediated by this improvement, migrants are more likely to …
Persistent link: https://www.econbiz.de/10011635395
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Financial liberalization, structural change, and real exchange rate appreciations
Meza, Felipe; Urrutia, Carlos - In: Journal of international economics 85 (2011) 2, pp. 317-328
Persistent link: https://www.econbiz.de/10009413545
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The impact of financial factors on the output gap and estimates of potential output growth
Felipe, Jesus; Sotocinal, Noli; Bayudan-Dacuycuy, Connie - 2015
The literature on the finance-growth nexus highlights the importance of the financial cycle for the estimation of potential output of an economy. We estimate potential output growth for the G-5 countries, as well as for 10 high- and middle-income Asian economies, using a multivariate model that...
Persistent link: https://www.econbiz.de/10011346261
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The Impact of Financial Factors on the Output Gap and Estimates of Potential Output Growth
Felipe, Jesus - 2015
The literature on the finance-growth nexus highlights the importance of the financial cycle for the estimation of potential output of an economy. We estimate potential output growth for the G-5 countries, as well as for 10 high- and middle-income Asian economies, using a multivariate model that...
Persistent link: https://www.econbiz.de/10013009417
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The impact of financial liberalization on economic growth in sub-Saharan Africa
Akinsola, Foluso A.; Odhiambo, Nicholas M. - In: Cogent economics & finance 5 (2017) 1, pp. 1-11
This study examines the impact of financial liberalization on economic growth, given the discrepancy and the gap in the literature, using a sample of 30 sub-Saharan African (SSA) countries. The study applies a dynamic panel estimation to examine the special role of financial liberalization and...
Persistent link: https://www.econbiz.de/10011882480
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Wage growth, urbanization, and firm characteristics : evidence for Germany
Kelle, Markus - 2016
I use German administrative data for 2001-2010 to analyse the impact of urbanization and firm characteristics on wage …
Persistent link: https://www.econbiz.de/10011520622
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Economic convergence and structural change in the new member states of the European Union : convergence in volumes, prices and the share of services, with implications for wage con...
Obláth, Gábor; Palócz, Éva; Popper, Dávid; … - 2015
We analyze four interrelated aspects of economic convergence and their linkages over the period 1999-2013, drawing on the experiences of 26 member states of the European Union, with special focus on the ten Central and East-European new members (the EU10). These aspects are (1) real economic,...
Persistent link: https://www.econbiz.de/10011333487
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Economic development, structural change and women's labor force participation : a reexamination of the feminization U hypothesis
Gaddis, Isis; Klasen, Stephan - 2011
A large literature claims that female labor force participation (FLFP) follows a U-shaped trend over the course of economic development. This feminization U hypothesis is motivated by secular patterns of structural change in combination with education and fertility dynamics. We show that...
Persistent link: https://www.econbiz.de/10010346421
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Explaining reurbanization : empirical evidence of intraregional migration as a long-term mobility decision from Germany
Matthes, Gesa - 2012
Following the discussion on reurbanization (changing intra-regional migration patterns), our research project treats transport-related consequences of this spatial development in German city regions. The hypothesis is that reurbanization bears potential to spread environmentally friendly ways of...
Persistent link: https://www.econbiz.de/10009578874
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Which Comes First — Urbanization or Economic Growth? Evidence from Heterogeneous Panel Causality Tests
Liddle, Brant - 2015
Heterogeneous panel causality tests are employed to consider the relationship between urbanization change and economic … that relationship. Urbanization caused economic growth in high income countries, but non-causality could not be rejected …-income, predominately African countries where economic growth had a positive, causal effect on urbanization, but where urbanization, in turn …
Persistent link: https://www.econbiz.de/10013032795