Antipoverty programmes have been successful in helping millions of people afford better livelihoods. While this is well known, little research has yet been conducted that examines the power of such programmes to influence outcomes in times of conflict, especially in countries where antipoverty...

In recent years, Bolivia has experienced a series of economic and political transformations that have directly affected the labor markets, particularly the salaried urban sector. Real wages have shown strong increases across the distribution, while also presenting a decrease in inequality. Using...

Spanish Abstract: El ritmo de crecimiento económico japonés fue sustancialmente mayor que el exhibido por el conjunto de las economías desarrolladas entre 1985 y 1995; posteriormente ha sido menor. ¿Qué explica esta declinación relativa? De acuerdo con los resultados econométricos de un...

This paper is the first to decompose absolute global income inequality into its within-country class and between country-location components. The estimates show that until 1970 locational income differences were the main driver of absolute global inequality, whereas its recent growth can be...

This paper analyzes potential gender differences in competitive environments using a sample of over 100,000 professional tennis matches. Focusing on two phenomena of the labor and sports economics literature, we find robust evidence for (i) the hot-hand effect (an additional win in the most...

The relationship between intellectual property rights (IPR) protection and foreign direct investment (FDI) continues to pose a challenging puzzle. While several studies have found that these two variables are positively correlated, others have not been able to find conclusive results or have...

This study considers the effect that judicial and police efficiency exercised on crime in 25 of the 33 political-administrative divisions in Colombia during the period 2000-2011. Specifically, the study seeks to determine whether the reduction of crime was the result of increases in the cost of...

In 1960 Theodore Schultz expounded a human capital theory of economic growth that includes three elements: 1) Countries without much human capital cannot manage physical capital effectively, 2) Economic growth can only proceed if physical capital and human capital rise together, and 3) Human...

This study investigates the relationship between foreign direct investment, institutional quality, economic freedom, and entrepreneurship in emerging markets. The research compares the capacity and appetite for business creation among high-income, low-income and emerging countries. The results...

I estimate a Solow model augmented with human capital in 42 countries for 1910-2000. Estimated TFP growth is 0.3%/year, and the steady-state rate for GDP/capita is 1.0% year. Implicitly for high-income countries maintaining growth above this rate will be increasingly difficult