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Using new data matching remittances and monthly payroll disbursals, we demonstrate how fluctuations in migrants' earnings in the United Arab Emirates affect their remittances. We consider three types of income fluctuations that are observable by families at home: seasonalities, weather shocks...
Persistent link: https://www.econbiz.de/10011189112
Though previous studies have noted the role of skilled labor in the growth of the Indian software industry, they have not empirically investigated its importance. In this study we study the effect of the supply of engineers, measured by engineering baccalaureate capacity, on the regional growth...
Persistent link: https://www.econbiz.de/10008634649
Both human capital and nonhuman capital play an important role in economic growth. Estimates of nonhuman (physical) capital exist for many more countries than for human capital. Recently there has been a significant increase in the number of countries for which estimates of human capital exist,...
Persistent link: https://www.econbiz.de/10008871142
Millions of households in developing countries receive financial support from family members working overseas. How do migrant earnings affect origin-household investments? This paper examines Philippine households%u2019 responses to overseas members%u2019 economic shocks. Overseas Filipinos work...
Persistent link: https://www.econbiz.de/10005829433
This paper presents a model where human capital differences - rather than technology differences - can explain several central phenomena in the world economy. The results follow from the educational choices of workers, who decide not just how long to train, but also how broadly. A "knowledge...
Persistent link: https://www.econbiz.de/10005575247
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The rise of China and India is rapidly reshaping the world economy, with far-reaching implications for every national … Engines of Global Growth', this volume explores the foundations of China and India's development experiences and strategies … trade and investment inflows, and comparatively analyses the prospects, driving forces and implications of the rise of China …
Persistent link: https://www.econbiz.de/10008659418
In the new millennium, the Western aid effort towards Africa has surged due to writings by well-known economists, a celebrity mass advocacy campaign, and decisions by Western leaders to make Africa a major foreign policy priority. This survey contrasts the predominant "transformational" approach...
Persistent link: https://www.econbiz.de/10005777960