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What Remains after the Oil Boom is Over?
Jelnov, Pavel - 2019
This paper links between Beckerian literature that shows that marriage is a normal good with respect to male income and the literature that explores cultural changes as a result of exogenous events. I use the oil crisis of the 1970s as a positive shock on some males. The analyzed outcome is...
Persistent link: https://www.econbiz.de/10012870157
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Who Benefits from Local Oil and Gas Employment? Labor Market Composition in the Oil and Gas Industry in Texas
Cai, Zhengyu - 2019
This paper examines local labor market outcomes from an oil and gas boom in Texas. We examine two main outcomes across gender, race, and ethnicity: the probability of employment in the oil and gas industry and the log wages of workers employed outside the oil and gas industry. We find that men...
Persistent link: https://www.econbiz.de/10012868833
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An Empirical Growth Model for Major Oil Exporters
Esfahani, Hadi Salehi - 2012
This paper develops a long-run growth model for a major oil exporting economy and derives conditions under which oil revenues are likely to have a lasting impact. This approach contrasts with the standard literature on the "Dutch disease" and the "resource curse", which primarily focuses on...
Persistent link: https://www.econbiz.de/10013107701
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Oil Exports and the Iranian Economy
Esfahani, Hadi Salehi - 2009
the world. We also find that the Iranian economy adjusts quite quickly to the shocks in foreign output and oil exports …
Persistent link: https://www.econbiz.de/10013154980
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The Impact of Oil Revenues on the Iranian Economy and the Gulf States
Dreger, Christian - 2014
In line with the neoclassical growth model a persistent stream of oil revenues might have a long lasting impact on GDP per capita in oil exporting countries through higher investment activities. This relationship is explored for Iran and the countries of the Gulf Cooperation Council (GCC) using...
Persistent link: https://www.econbiz.de/10013055567
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Can the UAE Avoid the Oil Curse by Economic Diversification?
Haouas, Ilham - 2014
Recent research conclude that the GCC economies have failed to address the oil curse. They are far behind other countries, especially those in the G7, which possess huge reserves of oil wealth but have undertaken economic diversification to correct the ill-effects of an oil curse. This paper...
Persistent link: https://www.econbiz.de/10013057462
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Democratization and civil liberties : the role of violence during the transition
Cervellati, Matteo; Fortunato, Piergiuseppe; Sunde, Uwe - 2011
This paper investigates the role of violent civil conflicts during the process of democratization for the quality of emerging democracies, and in particular, the protection of civil (political and economic) liberties. A simple theory in which different groups may engage in violent conflict in...
Persistent link: https://www.econbiz.de/10009124075
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Asabiyya : Re-Interpreting Value Change in Globalized Societies
Heshmati, Almas; Tausch, Arno - 2009
. The World Values Survey provided a data framework of global value change, whose quantitative results led members of the … parcel of a larger set of traditional values. With the free available country-wide data from the World Values Survey, we re …/Welzel, 2003, 2003. A frequently asked question is whether “modernization” without “spiritual values” in a globalized world economy …
Persistent link: https://www.econbiz.de/10014203179
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Temperature and Joint Time Use
Cosaert, Sam; Nieto, Adrián; Tatsiramos, Konstantinos - 2023
We combine exogenous variation in temperature at the county-day level in the U.S. with daily time use data to examine the effect of temperature on joint time use. We show that low temperatures reduce time spent with friends but increase time spent with family. Conversely, high temperatures...
Persistent link: https://www.econbiz.de/10014348455
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Precious Metal Prices : A Tale of Four U.S. Recessions
Agnese, Pablo; Garcia-del-Barrio, Pedro; Gil-Alana, Luis A. - 2023
This paper empirically examines the degree of persistence in four precious metal prices (i.e., gold, palladium, platinum, and silver) during the last four U.S. recessions. Unit root tests and fractional integration techniques suggest that gold still is the most prominent safe haven asset within...
Persistent link: https://www.econbiz.de/10014351417