Showing 1 - 10 of 87
Aggregate consumption typically exceeds 60 per cent of GDP and should be pivotal in central bank policy models. Most use semi-structural macro-models, yet consumption is usually inadequately specified. We use a systems approach to estimate new equations for South African consumption, house...
Persistent link: https://www.econbiz.de/10015273030
Researchers have linked sub-Saharan Africa's (SSA) poor growth performance in recent decades to several factors … identifies linkages between gender, economic development, and growth, however. This paper explores the macro effects of gender … stimulus to growth in a number of SSA countries underscores the importance of assessing the gender effect of macroeconomic …
Persistent link: https://www.econbiz.de/10010251669
continuous time series data, we causally identify, using a range of approaches, that higher productivity growth leads to greater …. Countries should focus on promoting policies to boost productivity growth and thereby achieve higher savings instead of focusing …
Persistent link: https://www.econbiz.de/10012321005
The present paper sheds new light on the growth implications of gender inequalities in the Moroccan labour market. We … to relate growth to the relative employment of women and, also, suggest simulations for Morocco. Both approaches lead to … one of the rare attempts to elicit the growth potential of a reduction in the employment gap in a low-income country. …
Persistent link: https://www.econbiz.de/10012509934
This paper decomposes differences between the official poverty estimates of Malawi and a set of revised estimates by Pauw et al. (2016, forthcoming) with respect to five methodological differences: (i) the use of a revised set of unit conversion factors; (ii) the specification and use of...
Persistent link: https://www.econbiz.de/10011408024
The savings-growth nexus is widely acknowledged, both in policy and in the literature. But Kenya's numerous policy …, we find that in the long run, private saving is positively and significantly influenced by the per capita income growth … saving is positively and significantly influenced by the per capita income growth rate, inflation, and private sector credit …
Persistent link: https://www.econbiz.de/10013443810
How does income inequality impact the propensity for and levels of formal and informal household debt? This paper assesses this question using the two most recent waves of the South African Living Conditions Survey. A range of linear models as well as a zero-inflated Poisson model are employed,...
Persistent link: https://www.econbiz.de/10014234441
This paper is the first to address the challenges of measuring the labour income share of developing countries. The poor availability and reliability of national accounts data, and the fact that self-employed people, whose labour income is hard to capture, account for a major share of the...
Persistent link: https://www.econbiz.de/10010500617
This study investigates the effect of real exchange rate volatility on the distribution of income between labour and …
Persistent link: https://www.econbiz.de/10011997494
country's low aggregate rate of economic growth - is a crucial factor in the fall of the labour share in the formal sectors …. The paper concludes by discussing possible explanations for the paradox of the slow rate of economic growth in Mexico …
Persistent link: https://www.econbiz.de/10011777099