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decade. Galor identified three forms of long run percapita income convergence: absolute convergence, whereby convergence …
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and overall income available to households within thedisplaced area. This information is used to produce a …
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A large empirical literature claims that …fiscal policy in developingcountries is procyclical, in contrast to high-income …
Persistent link: https://www.econbiz.de/10008939834
substitutes. We find that there is a skill biasin cross-country technology differences. Higher-income countries use skilled … labormore efficiently than lower-income countries, while they use unskilled labor relativelyand, possibly, absolutely less …
Persistent link: https://www.econbiz.de/10009305071
There are two sources of inconsistency in existing cross-country empiricalwork on growth: correlated individual effects and endogenous explanatoryvariables. We estimate a variety of cross- country growth regressions usinga generalized method of moments estimator that eliminates both problems.In...
Persistent link: https://www.econbiz.de/10009305097
indicate that theearnings of low-income and historically disadvantagedworkers rose faster in 1997 and 1998 than those of …
Persistent link: https://www.econbiz.de/10005870052
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