Showing 1 - 10 of 46
We investigate to what extent convergence in production levels per worker has beenachieved in Germany since unification. To this end, we model the distributionof GDP per employee across German districts using two-component normal mixtures.While in the first year after unification, the two...
Persistent link: https://www.econbiz.de/10009302600
We analyze the cross-national distribution of GDP per capita and its evolutionfrom 1970 to 2003. We argue that peaks are not a suitable measure for distinctgrowth regimes, because the number of peaks is not invariant under strictlymonotonic transformations of the data (e.g. original vs. log...
Persistent link: https://www.econbiz.de/10009302613
Randomization has emerged as preferred empirical strategy for researchers in a variety of fieldsover the past years. While the advantages of RCTs in terms of identification are obvious, thestatistical analysis of experimental data is not without challenges. In this paper we focus onmultiple...
Persistent link: https://www.econbiz.de/10009305177
This study provides a unied growth theory to correctly predictthe initially negative and subsequently positive relationship between child mortalityand net reproduction observed in industrialized countries over the courseof their demographic transitions. The model captures the intricate...
Persistent link: https://www.econbiz.de/10005870762
This paper theoretically investigates how community approval or disapprovalaects school attendance and child labor and how aggregate behavior of thecommunity feeds back towards the formation and persistence of an anti- (or pro-)schooling norm. The proposed community-model continues to take...
Persistent link: https://www.econbiz.de/10005870765
This article investigates economic performance when enforceable propertyrights are missing and basic needs matter for consumption. It suggests anew view of the so-called voracity eect according to which windfall gains inproductivity induce behavior that leads to lower economic growth. Takinginto...
Persistent link: https://www.econbiz.de/10009302589
In an inuential article Tornell and Lane (1999) considered an economy populatedby multiple powerful groups in which property rights in the formal sectorof production are not protected. They obtained conditions under which thegroups appropriate output from the formal sector in order to invest it...
Persistent link: https://www.econbiz.de/10009302590
The output multiplier turns negative before a deficit spending program expires.We show the generality of this unpleasant finding for the standard real business cyclemodel. We then calibrate an extended model for the US and demonstrate how fiscalstimulus slows down economic recovery from...
Persistent link: https://www.econbiz.de/10009302595
Unied growth theory predicts that the timing of the fertility transitionis a key determinant of contemporary comparative development, as itmarks the onset of the take-o to sustained growth. Neoclassical growth theorypresupposes a take-o, and explains comparative development by variationsin...
Persistent link: https://www.econbiz.de/10009302601
This paper proposes a theory for the gradual evolution of knowl-edge diffusion and growth over the very long run. A feedback mechanismbetween capital accumulation and the ease of knowledge diffusion explains along epoch of (quasi-) stasis and an epoch of high growth linked by a grad-ual economic...
Persistent link: https://www.econbiz.de/10009302602