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disease, on human capital investment decisions and income growth. This research is particularly relevant to Sub-Saharan Africa … given the dramatic reduction in life expectancy due to HIV/AIDS and the potential lasting effects on growth. Our results … indicate that as life expectancy shortens so does schooling inducing a lower growth rate of income. These relationships are …
Persistent link: https://www.econbiz.de/10005118675
DEVELOPMENT IS THE MOST IMPORTANT CHALLENGE FACING THE HUMAN RACE BUT THE PROCESSES DRIVING ECONOMIC DEVELOPMENT ARE BY NO MEANS FULLY UNDERSTOOD. HOWEVER, THE CORE CHALLENGE FOR DEVELOPMENT IS TO ENSURE PRODUCTIVE WORK AND A BETTER QUALITY OF LIFE FOR ALL THE PEOPLE OF THE WORLD. THIS CHALLENGE...
Persistent link: https://www.econbiz.de/10005118737
DEVELOPMENT IS THE MOST IMPORTANT CHALLENGE FACING THE HUMAN RACE BUT THE PROCESSES DRIVING ECONOMIC DEVELOPMENT ARE BY NO MEANS FULLY UNDERSTOOD. HOWEVER, THE CORE CHALLENGE FOR DEVELOPMENT IS TO ENSURE PRODUCTIVE WORK AND A BETTER QUALITY OF LIFE FOR ALL THE PEOPLE OF THE WORLD. THIS CHALLENGE...
Persistent link: https://www.econbiz.de/10005125934
's education and making monetary transfers (or bequests). I show that increases in the growth rate of skill biased technological …
Persistent link: https://www.econbiz.de/10005412682
This research develops an evolutionary growth theory that captures the intricate time path of life expectancy in the …
Persistent link: https://www.econbiz.de/10005125645
Can Africa's current state of under-development be partially attributed to the large trade in slaves that occurred … Africa between 1400 and 1913. I find the number of slaves exported from a country to be an important determinant of economic …
Persistent link: https://www.econbiz.de/10005556428
The rapid increase in adult mortality due to the AIDS epidemic in sub- Saharan Africa raises great concern about its …
Persistent link: https://www.econbiz.de/10005062404
A review is conducted of economic relations between Mexico and the United States in the aftermath of the 11 September 2001 terrorist attacks. Topics covered include cross-border commuting patterns, merchandise trade flows, immigration, and structural adjustment efforts in Mexico. Potential...
Persistent link: https://www.econbiz.de/10005118687
This paper studies the welfare properties of distortionary transfers in a life-cycle growth model where natural capital …
Persistent link: https://www.econbiz.de/10005408406
Nearly any standard financial model concludes that two assets with identical cash flows must sell for the same price. Alas, closed-end mutual fund company share prices seem to violate this fundamental tenant. Even when one considers several standard frictions, such as taxes and agency costs,...
Persistent link: https://www.econbiz.de/10005413144