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Most of the emerging European countries, including Republic of Macedonia, are faced with greater or smaller current account deficits, which raise the concern about their sustainability in the long run. This working paper examines the sustainability of the Macedonian current account deficit using...
Persistent link: https://www.econbiz.de/10011623376
Global financial integration has been associated with divergent patterns of real convergence and the current account in emerging markets. While countries in emerging Asia have been running sizeable current account surpluses, countries in emerging Europe have been facing large current account...
Persistent link: https://www.econbiz.de/10011641238
migrating peasants, and, consequently, has a positive effect on narrowing the rural-urban income or consumption gap. Urban labor …
Persistent link: https://www.econbiz.de/10011522047
Or Paradox Regained? The answer is Paradox Regained. New data confirm that for countries worldwide long-term trends in happiness and real GDP per capita are not significantly positively related. The principal reason that Paradox critics reach a different conclusion, aside from problems of data...
Persistent link: https://www.econbiz.de/10011450390
indeed strongly associated with the household per-capita income and expenditure and with various triangulating measures of …
Persistent link: https://www.econbiz.de/10011455448
decomposing disposable income into labour, property and transfer income is essential for understanding and forecasting consumption …. Finally, substantial crosscountry heterogeneity in marginal propensities to consume out of income and wealth components calls …
Persistent link: https://www.econbiz.de/10012135921
) Does GDP have uniform impact on financial development in heterogeneous income countries? (ii) Is the relationship non …, heterogeneity and endogeneity. They show that GDP has a positive impact on financial development in high and middle-income countries …
Persistent link: https://www.econbiz.de/10011976076
analysed by gender. Basic results are: health worsens, income declines and satisfaction is poorer with higher body mass index …. Underweight women earn more and overweight less than others. For normal-weight men the income is on average higher than for over … estimates. However, no clear-cut disadvantage in income of underweight men can be found. Stable coefficients result for the …
Persistent link: https://www.econbiz.de/10011981371
This paper examines the long-run effects of the 1980-1982 recession on education and income. Using confidential Census … capita in their county of birth reduces four-year college degree attainment by 10 percent and income in adulthood by 3 … graduates and $42-$87 billion less earned income per year. …
Persistent link: https://www.econbiz.de/10012022789
reported monthly income by £142 (8 percent). Dependent interviewing - a recall device commonly used in panel surveys - takes …
Persistent link: https://www.econbiz.de/10011569236