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Persistent link: https://www.econbiz.de/10014310957
In their survey of the literature on ethnic fractionalization and economic performance, Alesina and La Ferrara (JEL 2005) identify two main directions for future research. One is to improve the measurement of diversity and the other to treat diversity as an endogenous variable. This paper tries...
Persistent link: https://www.econbiz.de/10013153312
In their survey of the literature on ethnic fractionalization and economic performance, Alesina and La Ferrara (JEL 2005) identify two main directions for future research. One is to improve the measurement of diversity and the other to treat diversity as an endogenous variable. This paper tries...
Persistent link: https://www.econbiz.de/10003923596
This paper focuses on the effects of reforms and religion on happiness in transition economies. Previous literature … marital separation. I estimate an econometric model to study if religion also insures against aggregate shocks to happiness … religion and analyzes the effects of religion on life satisfaction, and perceptions of the current economic and political …
Persistent link: https://www.econbiz.de/10014189622
Large imbalances between the supply and demand for skills in transition economies are driven by rapid economic restructuring, misalignment of the education system with labor market needs, and underdeveloped adult education and training systems. The costs of mismatches can be large and...
Persistent link: https://www.econbiz.de/10011434453
The effects of inequality on economic growth depend on several factors. On one hand, they depend on the time horizon considered, on the initial level of income and on its initial distribution. But, on the other hand, as growth and inequality are also uneven across space, it also seems relevant...
Persistent link: https://www.econbiz.de/10011515023
Persistent link: https://www.econbiz.de/10015195390
Persistent link: https://www.econbiz.de/10010409858
In this paper we revisit the relationship between institutions, human capital and development. We argue that empirical models that treat institutions and human capital as exogenous are misspecified both because of the usual omitted variable bias problems and because of differential measurement...
Persistent link: https://www.econbiz.de/10013059292
Economic theory proposes that FDI is one of the primary driving forces for stimulating growth (Barro and Sala-i-Martin, 1995). Researchers still debate whether the interpretation of the direct effect of FDI on economic growth is inconclusive, whereas the significance of the absorptive capacity...
Persistent link: https://www.econbiz.de/10012863881