Diese Arbeit besteht aus vier Essays, die empirische und methodische Beiträge zur Messung von Konjunkturzyklen und deren Zusammenhänge zu demographischen Variablen liefern. Der erste Essay analysiert unter Zuhilfenahme eines Bayesianischen Dynamischen Faktormodelles die Volatilität des...

Theeconomic and technical factors involved in using geothermal energy at Ahuachapan are examined. The experience at Ahuachapan is evaluated in relation to conditions prevailing in El Salvador and to conditions in the U.S. technical characteristics considered are: geological characteristics, well...

The Earth Sciences Division of Lawrence Berkeley Laboratory (LBL) is conducting a reservoir evaluation study of the Ahuachapan geothermal field in El Salvador. This work is being performed in cooperation with the Comision Ejecutiva Hidroelectrica del Rio Lempa (CEL) and the Los Alamos National...

To be competitive in the global economy, some argue that Latin American countries need to reduce or eliminate labor market regulations such as minimum wage legislation because they constrain job creation and hence increase poverty. On the other hand, minimum wage increases can have a direct...

Taking advantage of a complex minimum wage structure in Honduras, this paper examines how changes in minimum wages over the 1990-2004 period affect unemployment as well as the employment and average wages of workers in different sectors of the economy: medium and large-scale firms v. small firms...

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The global agricultural economy is changing. Commodity prices are declining, andproducers increasingly supply complex value chains. There is growing interest in how farmerscan benefit from emerging market opportunities. Farmers are encouraged to produce high valuecrops and engage in value-adding...

Argentinien erlebte in der Jahren 2001 und 2002 die schwerste Wirtschaftskrise seiner jüngeren Geschichte. Doch auch diese schwere Krise war nur Teil eines Jahrzehnte alten Entwicklungsmusters. In seinem Verlauf führten chronische Inflation, Leistungsbilanzprobleme, Produktivitätsmängel und...

Morocco and Tunisia have both achieved robust economic growth over the last 30 years by utilizing prudent economic planning and implementation. The World Bank heralds both countries as prime examples of how market-friendly capitalist systems can be implemented over a short period of time with...

The first price runs for Korean rice help us develop a Smithian physiocratic model to explain the low, stable prices of the eighteenth century and the rising, volatile prices of the nineteenth. Ownership rights provided incentives, and productivity after 1600 exceeded subsistence to achieve...