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Tertilt, Michele; Doepke, Matthias; Montenbruck, Laura; … - National Bureau of Economic Research - 2022

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

Is the Global Economy Deglobalizing? And if so, why? And what is next?

Goldberg, Pinelopi K.; Reed, Tristan - National Bureau of Economic Research - 2023

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

RECONSIDERING EXPECTATIONS OF ECONOMIC GROWTH AFTER

Fogel, Robert W. - 2005

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

Natural Resource Abundance and Economic Growth

Sachs, Jeffrey D. - 1995

One of the surprising features of modern economic growth is that economies with abundant natural resources have tended to grow less rapidly than natural-resource-scarce economies. In this paper we show that economies with a high ratio of natural resource exports to GDP in 1971 (the base year)...

Persistent link: https://www.econbiz.de/10012473469

The Political Resource Curse

Brollo, Fernanda - 2010

The paper studies the effect of additional government revenues on political corruption and on the quality of politicians, both with theory and data. The theory is based on a version of the career concerns model of political agency with endogenous entry of political candidates. The evidence...

Persistent link: https://www.econbiz.de/10012462947

Income inequality in small states and the Caribbean : stylized facts and determinants

McIntyre, Meredith A.; Bejar, Pablo; Komatsuzaki, Takuji; … - 2021

Rising income inequality has emerged as a major policy issue facing policymakers, but there is a dearth of empirical work on inequality in small states, including the Caribbean. Despite data limitations, the empirical analysis using a sample of small states finds that increased openness and...

Persistent link: https://www.econbiz.de/10012518290

Demographics and Entrepreneurship

Liang, James - 2014

Entrepreneurship requires energy and creativity as well as business acumen. Some factors that contribute to … entrepreneurship may decline with age, but business skills increase with experience in high level positions. Having too many older … workers in society slows entrepreneurship. Older workers do not possess the advantages of youth, but more significant is that …

Persistent link: https://www.econbiz.de/10012458161

The price of property rights : institutions, finance, and economic growth

Alquist, Ron; Chabot, Benjamin R.; Yamarthy, Ram - In: Journal of international economics 137 (2022), pp. 1-40

Persistent link: https://www.econbiz.de/10013439975

Institutions Rule : The Primacy of Institutions Over Integration and Geography in Economic Development

Subramanian, Arvind - 2002

We estimate the respective contributions of institutions, geography, and trade in determining cross-country income … levels using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions … ""trumps"" everything else. Controlling for institutions, geography have at best weak direct effects on incomes, although it …

Persistent link: https://www.econbiz.de/10014401492

Financial Development, Financial Fragility, and Growth

Loayza, Norman - 2005

This paper studies the apparent contradictions between two strands of the literature on the effects of financial intermediation on economic activity. On the one hand, the empirical growth literature finds a positive effect of financial depth as measured by, for instance, private domestic credit...

Persistent link: https://www.econbiz.de/10014404211

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