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An unresolved debate in the development literature concerns the impact of gender inequality on economic growth. Previous studies have found that the effect depends on the time frame (short or long run) and the measure of inequality. This paper expands that discussion by considering both the...
Persistent link: https://www.econbiz.de/10008500887
There are two important aspects to take into account while analysing fiscal policy effects on economic growth. First, it should be made clear whether Keynesian short-run or classical long-run effects are the object of interest. Second, the relations between different fiscal and macroeconomic...
Persistent link: https://www.econbiz.de/10005059640
population is represented by moving averages. The period between January 1990 and December 2003 is described by monthly … population intercensal estimates as provided by the US Census Bureau. Four years before 1990 are described using the estimates of … the number of 17 year-olds shifted 8 years back. The prediction of S&P 500 returns for the months after 2003, including …
Persistent link: https://www.econbiz.de/10005790450
Since the beginning of this decade, which corresponds to the processes of an accelerated political, social and economic opening to the European and global environment, the Republic of Croatia has become aware of the need for deep reforms to enable the creation of permanently sustained success of...
Persistent link: https://www.econbiz.de/10004999226
In this paper, I discuss the reasons for Costa Rica's economic performance over the last quarter of a century. Three complementary sets of policies (investments in human capital, careful stabilization, and an intelligent and aggressive integration into the world economy) explain the successful...
Persistent link: https://www.econbiz.de/10010273461
Despite the fast catching-up in ICT diffusion experienced by most EU countries in the last few years, information technologies have so far delivered little productivity gains in Europe. In the second half of the past decade, growth contributions from ICT capital rose in six EU countries only...
Persistent link: https://www.econbiz.de/10010279279
This paper explores the middle income trap (MIT) concept from the perspective of productivity growth. Through the examination of cross-country historical statistics as well as China¡¯s regional data, it sheds light on the debate about whether the Chinese economy can avoid the middle income...
Persistent link: https://www.econbiz.de/10010929805
that real GDP growth, foreign direct investment, government expenditure, inflation and population growth have negative …
Persistent link: https://www.econbiz.de/10011272691
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Persistent link: https://www.econbiz.de/10010837250
This paper introduces a new and comprehensive Human Development Index (HDI) trends dataset for 135 countries and 40 years of annual data. We apply this dataset to answer several empirical questions related to the evolution of human development over the last 40 years. The data reveal overall...
Persistent link: https://www.econbiz.de/10010611335