Showing 1 - 10 of 316
additional factor input. We use patent applications to proxy for knowledge/technology stocks and adjust labor hours for changes … significant long run effect of public capital, private capital, skilladjusted labor, and technology/ knowledge on p …
Persistent link: https://www.econbiz.de/10012677663
Persistent link: https://www.econbiz.de/10012691118
War (1946-1954). Difference-in-difference estimations indicate that the children of mothers exposed to the education … of maternal education increases children's education by up to 0.65 years, a stronger effect than those found in the …
Persistent link: https://www.econbiz.de/10015059921
), linking parents to the children education levels for more than 14 million individuals across 28 African countries and 2 …
Persistent link: https://www.econbiz.de/10015060222
Child poverty increased dramatically during the COVID-19 pandemic. In 2020 alone, the number of children suffering from … potential scarring effect of the pandemic, policies should be deployed to reduce rapidly the number of children affected by … poverty and mitigate the long-term impact of poverty. Reducing the number of children affected by poverty can be achieved by …
Persistent link: https://www.econbiz.de/10015059372
Emerging European countries have made large strides in developing their local capital markets since the early-1990s. However, the rate of development has been widely disparate across countries and market segments, underpinned by the varying degrees of progress made in key areas such as...
Persistent link: https://www.econbiz.de/10014409027
This paper uses vector autoregressions and impulse-response functions to construct a U.S. financial conditions index (FCI). Credit availability-proxied by survey results on lending standards-is an important driver of the business cycle, accounting for over 20 percent of the typical contribution...
Persistent link: https://www.econbiz.de/10014409040
We examine the linkages between market and funding liquidity pressures, as well as their interaction with solvency issues surrounding key financial institutions during the 2007 subprime crisis. A multivariate GARCH model is estimated in order to test for the transmission of liquidity shocks...
Persistent link: https://www.econbiz.de/10014409053
The paper reviews the policy response of major central banks during the 2007-08 financial market turbulence and suggests that there is scope for convergence among central bank operational frameworks through the adoption of those elements that proved most instrumental in calming markets. These...
Persistent link: https://www.econbiz.de/10014409061
Between 1980 and before the recent crisis, the ratio of financial market debt to liquid assets rose exponentially in the U.S. (and in other financial markets), reflecting in part the greater use of securitized assets to collateralize borrowing. The subsequent crisis has reduced the pool of...
Persistent link: https://www.econbiz.de/10009614541