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outcomes. Finally, while the effects of growth and unemployment rates are the same across demographic subsets, the effect of … dissatisfaction often reflects poor economic conditions and unemployment is particularly important. Using individual level data for 16 … skilled or not working. Our findings reinforce the political importance of employment and growth policies. …
Persistent link: https://www.econbiz.de/10010230320
. Finally, while effects of growth and unemployment rates are the same across demographic subsets, the effect of inflation is … dissatisfaction reflects poor economic conditions; unemployment is particularly important. Using individual level data for 16 Western … skilled or not working. Our findings reinforce the political importance of employment and growth policies. …
Persistent link: https://www.econbiz.de/10011489956
Persistent link: https://www.econbiz.de/10011283950
This essay starts, after a short introduction on the importance and dimensions of "inclusive growth", with a brief … and Income Security (EIS) to strengthen the inclusive function and stabilisation impact of national unemployment insurance …
Persistent link: https://www.econbiz.de/10010357609
We introduce distributive justice into a simple model of growth and distribution. Two groups ("classes") of otherwise … supplies one unit of labour inelastically and desires a wage; and that the labour share impacts growth negatively in our "AK … conflict is resolved by the two positive and three normative criteria we consider. Thus, the macroeconomy (growth, factor …
Persistent link: https://www.econbiz.de/10011996775
TSL have an adverse effect on both TFP and output growth. Finally, the effect of WPR and TSL on the business cycle (shock …/output growth and the shock propagation mechanism results to provide strong evidence that Greece and to a lesser extent Spain and …
Persistent link: https://www.econbiz.de/10011821749
This paper throws new light on the relationship between income and democracy. Using data for 162 countries over 1960-2018, we show that the causal relationship between political and economic development is U-shaped: "intermediate" political regimes significantly lead to inferior economic...
Persistent link: https://www.econbiz.de/10013412764
Does democracy increase economic growth? Previous literature tends to find a positive effect but does also suffer from … impact on economic growth. This paper narrows down the question to empirically estimating the causal effect of local … elections on local economic growth in Indonesia by using a quasi-experimental research method. The first direct elections of …
Persistent link: https://www.econbiz.de/10010392574
This study articulates the interaction between institutional governance, education and economic growth. Given the … analyze the main mechanisms by which the macroeconomic impact of education on growth (and economic development) occurs. Our … growth. The first channel highlights direct positive effect of educational quality on the incentive to accumulate human …
Persistent link: https://www.econbiz.de/10011596860
We collect information about more than 5,000 Prussian politicians, digitize administrative data on the provision of health-promoting public goods, and gather local-level information on workers’ movements to study why elites in industrializing countries implement policies that improve the...
Persistent link: https://www.econbiz.de/10014081587