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This paper examines the causality relationship between immigration, unemployment and economic growth of the host … (France, Iceland, Norway and the United Kingdom), growth positively causes immigration, whereas in any country, immigration … does not cause growth. …
Persistent link: https://www.econbiz.de/10010756202
This paper examines empirically the interaction between immigration and host country economic conditions. We employ a panel VAR techniques to use a large annual dataset on 22 OECD countries over the period 1987-2009. The VAR approach allows to addresses the endogeneity problem by allowing the...
Persistent link: https://www.econbiz.de/10010756222
This paper examines the causality relationship between immigration, unemployment and economic growth of the host … (France, Iceland, Norway and the United Kingdom), growth positively causes immigration, whereas in any country, immigration … does not cause growth. …
Persistent link: https://www.econbiz.de/10010641422
main drivers of exponential growth in economic possibilities; second, a gradual general rebalancing of life choices away …
Persistent link: https://www.econbiz.de/10014464162
This paper draws comparisons between the articles collected in a recent volume edited by Pecchi and Piga dealing with Keynes’s long period considerations set out in the essay Economic possibilities for our grandchildren. Comments concentrate on two of Keynes’s principal forecasts,...
Persistent link: https://www.econbiz.de/10008508599
households have heterogeneous preferences, there is a balanced growth path on which all the optimality conditions of all …
Persistent link: https://www.econbiz.de/10008493034
In this paper, we analyse implications of corruption on growth. We extend existing growth models by incorporating … therefore causes income redistribution and inefficiencies in the public sector. These effects of corruption lead to lower growth …
Persistent link: https://www.econbiz.de/10005064085
uncertainty, a stochastic dynamic growth model with the public sector is examined. It is shown that deterministic excessive red … tape and corruption deteriorate the growth potential through income redistribution and public sector inefficiencies. Most … accumulation, thus leading to lower growth rates. …
Persistent link: https://www.econbiz.de/10005064170
-run effects of capital markets integration, in equilibrium, on the optimal provision of education and growth. Third, we examine a …
Persistent link: https://www.econbiz.de/10005094431
Estimates of the effect of education on GDP (the social return) have been hard to reconcile with micro evidence on the private return to schooling. We present a simple explanation combining two ideas: imperfect substitution and endogenous skill-biased technological progress and use cross-country...
Persistent link: https://www.econbiz.de/10005042232