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Two centuries ago, in most countries around the world, women were unable to vote, had no say over their own children or property, and could not obtain a divorce. Women have gradually gained rights in many areas of life, and this legal expansion has been closely intertwined with economic...
Persistent link: https://www.econbiz.de/10013462666
. This paper presents a model of entrepreneurship in which women face disadvantages, including discrimination from workers … in middle-income countries, where the returns to entrepreneurship are high enough to offset gender-based costs and both … more usually in industries with low levels of skilled workers. Despite the entrepreneurship rate's reversal of the U …
Persistent link: https://www.econbiz.de/10015361484
Data on global trade as well as capital and labor flows indicate a slowdown, but not reversal, of globalization post the 2008-09 financial crisis. Yet profound changes in the policy environment and public sentiment in the largest economies over the past five years suggest the beginning of a new...
Persistent link: https://www.econbiz.de/10014250133
This paper investigates the economic and social consequences of sovereign default on external debt. We focus on the crises' impact on real per capita GDP, infant mortality, life expectancy, poverty headcounts, and calorie supply per capita. After methodological exclusions, the sample covers 221...
Persistent link: https://www.econbiz.de/10014576629
The Global Macro Database is an open-source, continuously updated dataset of macroeconomic statistics that unifies and extends existing resources. By harmonizing and integrating data from 32 major contemporary sources--including the IMF, World Bank, and OECD--with historical records from 78...
Persistent link: https://www.econbiz.de/10015398166
Persistent link: https://www.econbiz.de/10010359658
At the close of World War II, there were wide-ranging debates about the future of economic developments. Historical experience has since shown that these forecasts were uniformly too pessimistic. Expectations for the American economy focused on the likelihood of secular stagnation; this topic...
Persistent link: https://www.econbiz.de/10012467560
We analyze the economic consequences for less developed countries of investing in female health. In so doing we introduce a novel micro-founded dynamic general equilibrium framework in which parents trade off the number of children against investments in their education and in which we allow for...
Persistent link: https://www.econbiz.de/10012457257
Specialization is a powerful source of productivity gains, but how production networks at the industry level are related to aggregate productivity in the data is an open question. We construct a database of input-output tables covering a broad spectrum of countries and times, develop a...
Persistent link: https://www.econbiz.de/10012457416
The rise in world trade since 1970 has raised international mobility of labor services. We study the effect of such a globalization of the world's labor markets. We find that when people can choose between wage work and managerial work, the output gains are U-shaped: A worldwide labor market...
Persistent link: https://www.econbiz.de/10012464960