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di Giovanni, Julian; Levchenko, Andrei A.; Ortega, Francesc - C.E.P.R. Discussion Papers - 2014

difference, international trade, remittances, and a heterogeneous workforce. We compare welfare under the observed levels of … flows -- such as Jamaica or El Salvador -- are also better off due to migration, but for a different reason: remittances … about 10% in countries with large incoming remittances. Our results are robust to accounting for imperfect transferability …

Persistent link: https://www.econbiz.de/10011083627

The Weightless Economy in Economic Development

Quah, Danny - C.E.P.R. Discussion Papers - 1999

Can the increasing significance of knowledge-products in national income---the growing weightless economy---influence economic development? Those technologies reduce ``distance'' between consumers and knowledge production. This paper analyzes a model embodying such a reduction. The model shows...

Persistent link: https://www.econbiz.de/10005791375

The Sources of Long-term Economic Growth for Turkey, 1880-2005

Altug, Sumru G.; Filiztekin, Alpay; Pamuk, Sevket - C.E.P.R. Discussion Papers - 2007

This paper considers the sources of long-term economic growth for Turkey over the period 1880-2005. The period in question covers the decline and eventual dissolution of the former Ottoman Empire and the emergence of the new Turkish Republic in 1923. Hence, the paper provides a unique look at...

Persistent link: https://www.econbiz.de/10005504216

Technology Dissemination and Economic Growth: Some Lessons for the New Economy

Quah, Danny - C.E.P.R. Discussion Papers - 2002

This Paper attempts to draw lessons for the New Economy from what economists know about technology dissemination and economic growth. It argues that what is most notable about the New Economy is that it is knowledge-driven, not just in the sense that knowledge now assumes increasing importance...

Persistent link: https://www.econbiz.de/10005123594

Long-run patterns in market efficiency and the genesis of the market economy: Markets around the Mediterranean from Nebuchadnezzar to Napoleon (580 BC and 1800AD)

Földvári, Péter; van Leeuwen, Bas; Zanden, Jan Luiten Van - C.E.P.R. Discussion Papers - 2011

Price volatility, reflecting the ability to absorb exogenous supply- or demand shocks, is an important dimension of market performance. In this paper we present a model to study the factors determining the price volatility of markets of basic foodstuffs in pre industrial societies. This model is...

Persistent link: https://www.econbiz.de/10009246614

Cultural and Institutional Bifurcation: China and Europe Compared

Greif, Avner; Tabellini, Guido - C.E.P.R. Discussion Papers - 2010

How to sustain cooperation is a key challenge for any society. Different social organizations have evolved in the course of history to cope with this challenge by relying on different combinations of external (formal and informal) enforcement institutions and intrinsic motivation. Some societies...

Persistent link: https://www.econbiz.de/10008468568

Economic Conditions in Early Modern Bengal: A Contribution to the Divergence Debate

Roy, Tirthankar - C.E.P.R. Discussion Papers - 2009

The paper contributes to the debate on relative levels of living in the early modern world by estimating the income of and probable range of income growth in Bengal before European colonization. The exercise yields two conclusions, (a) average income in Bengal was significantly smaller than that...

Persistent link: https://www.econbiz.de/10008577812

The Commodity Export, Growth, and Distribution Connection in Southeast Asia 1500-1940

Williamson, Jeffrey G - C.E.P.R. Discussion Papers - 2013

This paper explores Southeast Asia's trade performance over the four and a half centuries from 1500 to 1940. It identifies the determinants of the commodity export performance – falling trade costs, income growth of its trading partners, and improved supply conditions at home. It also explores...

Persistent link: https://www.econbiz.de/10011084313

Weathering the crisis and beyond: Perspectives for the Euro Area

Schmidt, Christoph M; Weigert, Benjamin - C.E.P.R. Discussion Papers - 2013

The euro area is experiencing a severe and highly complex crisis. It comprises three problem areas, the difficulties of some highly indebted European sovereigns to ascertain funding at palatable cost, the disconcerting fragility of the European banking system and disappointing growth prospects...

Persistent link: https://www.econbiz.de/10011083564

Asymmetry of Information within Family Networks

De Weerdt, Joachim; Genicot, Garance; Mesnard, Alice - C.E.P.R. Discussion Papers - 2014

This paper studies asymmetry of information and transfers within a unique data set of 712 extended family networks from Tanzania. Using cross-reports on asset holdings, we construct measures of misperception of income among all pairs of households belonging to the same network. We show that...

Persistent link: https://www.econbiz.de/10011084616