Showing 1 - 10 of 459
This paper investigates how government transfers affect economic growth. Using meta-analysis techniques, we systematically review 24 primary studies with 164 estimates that examine the effect of government transfers on economic growth. After addressing heterogeneity and issues of publication...
Persistent link: https://www.econbiz.de/10011100031
Using a sample of 243 meta-observations drawn from 42 primary studies, this paper conducts a metaanalysis of the empirical literature that examines the impact of military expenditure on economic growth. We find that existing studies indicate growth-retarding effects of military expenditure. The...
Persistent link: https://www.econbiz.de/10011100037
Previous studies indicate that microfinance institutions (MFIs) in Latin America and the Caribbean (LAC) have different operational strategies to MFIs in South Asia (SA). Given the recent emphasis placed on the feasibility of MFIs to achieve the dual goals of outreach and sustainability...
Persistent link: https://www.econbiz.de/10010780705
The evidence base on the impact of microfinance interventions is quite large and is accompanied by a high level of heterogeneity making it difficult to draw a general conclusion on the effects of microfinance. Based on 1,111 extracted estimates of microfinance's effects from 31 individual...
Persistent link: https://www.econbiz.de/10010780713
We show how the concepts of remembered utility and experienced utility correspond to cognitive appraisals of life satisfaction and emotion/affect respectively, as these concepts are used in psychology. Cognitive life satisfaction, or remembered utility, is relatively stable over time and can be...
Persistent link: https://www.econbiz.de/10011141102
This paper uses a novel identification strategy proposed by Lewbel (2012, J. Bus. Econ. Stat.) to illustrate how causation between job satisfaction and life satisfaction can be established with cross-sectional data. In addition to examining the relationship between composite job satisfaction and...
Persistent link: https://www.econbiz.de/10011100040
This paper examines the effect of exporting and R&D investment on firm survival for a panel of Indian IT firms. We show that exporting has competing effects on firm survival. On the one hand, exporting and investing in productivity are complementary activities, while, on the other, exporting...
Persistent link: https://www.econbiz.de/10010736868
Persistent link: https://www.econbiz.de/10010736880
We apply a unit root test that allows for heteroskedasticity and two structural breaks to daily data for natural gas spot and futures prices. In contrast to previous findings, the main result is that natural gas spot and futures prices are mean reverting. More generally, the results emphasize...
Persistent link: https://www.econbiz.de/10010780699
We test for convergence in energy consumption per capita among the ASEAN-5 over the period 1971 to 2011 using the univariate and panel KPSS stationarity test with, and without, structural breaks and the univariate and panel lagrange multiplier (LM) unit root test with, and without, structural...
Persistent link: https://www.econbiz.de/10010780710