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The mantra of inclusive growth is taking over the public policy debates addressing poverty alleviation and sustained … development in the developing world. In order to reduce poverty substantially, rapid pace of growth is not only necessary, but it … large. Poverty and growth were much discussed and analysed in separation by policymakers in the previous decades. Inclusive …
Persistent link: https://www.econbiz.de/10010310640
components of the endogenous growth theories. This study, by proposing a new approach, along settling Schumpeter's economic … growth theory as a policy framework, designed the process of entering, analyzing and processing data as the mechanism of the … growth stimulant factor effectively. …
Persistent link: https://www.econbiz.de/10011954509
Using data from the UK Community Life Survey, we present the first study to examine the relationship between heterogeneity in one’s friendship network and subjective wellbeing. We measure network heterogeneity by the extent to which one’s friends are similar to oneself with regard to...
Persistent link: https://www.econbiz.de/10011648122
The capability approach developed by Sen represents a proposal for the evaluation of individual well-being and social development centered on people and away - but not exclusive- of materiality. In the present article describes the capability approach developed by Sen and examines the importance...
Persistent link: https://www.econbiz.de/10011729456
The conceptual framework of the capability approach proposed by Amartya Sen has never been used specifically in the dynamics of forced displacement or in the analysis of the quality of life of the population victims of the Colombian armed conflict. Reason why, this article affirms that the...
Persistent link: https://www.econbiz.de/10011734351
Research on subjective wellbeing typically assumes that responses to survey questions are comparable across respondents and across time. However, if this assumption is violated, standard methods in empirical research may mislead. I address this concern with three contributions. First, I give a...
Persistent link: https://www.econbiz.de/10012313797
In this paper we investigate the quantitative importance of efficiency wages in explaining fluctuations in Bulgarian labor markets. This is done by augmenting an otherwise standard real business cycle model a la Long and Plosser (1983) with unobservable workers effort by employers and wage...
Persistent link: https://www.econbiz.de/10011572678
In this paper we introduce reciprocity in labor relations and government sector to investigate how well the real wage rigidity that results out of that arrangement ex- plains business cycle fluctuations in Bulgaria. The reciprocity mechanism described in this paper follows Danthine and Kurmann...
Persistent link: https://www.econbiz.de/10011622575
Motivated by the high public employment, and the public wage premia observed in Europe, a Real-Business-Cycle model, calibrated to German data (1970-2007), is set up with a richer government spending side, and an endogenous private-public sector labor choice. To illustrate the effects of fiscal...
Persistent link: https://www.econbiz.de/10011493227
This paper studies the wasteful effect of bureaucracy on the economy by addressing the link between rent-seeking behavior of government bureaucrats and the public sector wage bill, which is taken to represent the rent component. In particular, public officials are modeled as individuals...
Persistent link: https://www.econbiz.de/10011493228