Human Capital, Fertility, and Economic Growth
... Neither Malthus's nor the neoclassicists' approach to growth pays much attention to human capital. Yet the evidence is now quite strong of a close link between investments in human capital and growth. Since human capital is embodied knowledge and skills, and economic development depends on advances ...
... Neither Malthus's nor the neoclassicists' approach to growth pays much attention to human capital. Yet the evidence is now quite strong of a close link between investments in human capital and growth. Since human capital is embodied knowledge and skills, and economic development depends on advances ...
US Policy in the Bretton Woods Era - St. Louis Fed
... States was obligated to buy and sell gold for dollars (or convertible currency) at the $35 price. When the system started, the United States held about ¾of the world’s monetary gold stock. Currencies other than the dollar were inconvertible. By t960, the U.S. gold stock had fallen, but the U.S. stil ...
... States was obligated to buy and sell gold for dollars (or convertible currency) at the $35 price. When the system started, the United States held about ¾of the world’s monetary gold stock. Currencies other than the dollar were inconvertible. By t960, the U.S. gold stock had fallen, but the U.S. stil ...
Trade and Wages, Reconsidered
... distribution, should apply.1 In particular, if trade with unskilled laborabundant countries leads to a reduction in the relative price of unskilled labor-intensive goods, this should, other things equal, reduce the real wages of less educated workers, both relative to other workers and in absolute t ...
... distribution, should apply.1 In particular, if trade with unskilled laborabundant countries leads to a reduction in the relative price of unskilled labor-intensive goods, this should, other things equal, reduce the real wages of less educated workers, both relative to other workers and in absolute t ...
Education for sustainable development and the creation of
... and activities at community level (MNR 1995). This is based on the belief that NGOs operate closer to communities than many government institutions/departments. Such a position gives the NGOs a better understanding of the actual needs of the people and the potential to develop appropriate responses. ...
... and activities at community level (MNR 1995). This is based on the belief that NGOs operate closer to communities than many government institutions/departments. Such a position gives the NGOs a better understanding of the actual needs of the people and the potential to develop appropriate responses. ...
The Distinctiveness of Comparative Research
... and set them apart from earlier and later developments. All cases can initially be designated as parliamentary democracies, some of them relatively well established, others more recent, and some existing more in form than in substance. They were subsequently affected by a common external stimulus, t ...
... and set them apart from earlier and later developments. All cases can initially be designated as parliamentary democracies, some of them relatively well established, others more recent, and some existing more in form than in substance. They were subsequently affected by a common external stimulus, t ...
Trade Liberalization: Cordell Hull and the Case for Optimism
... provide leadership in this area, America’s trade agenda will simply stall, the Doha Round will continue to languish, new free trade agreements will be in jeopardy, and other countries will move ahead with agreements that could be detrimental to U.S. interests. Furthermore, progress on trade liberal ...
... provide leadership in this area, America’s trade agenda will simply stall, the Doha Round will continue to languish, new free trade agreements will be in jeopardy, and other countries will move ahead with agreements that could be detrimental to U.S. interests. Furthermore, progress on trade liberal ...
US-Africa AGOA Trade Program
... in 2013 or less than 2% of total US merchandise imports • Of these 70% were duty-free either under AGOA of GSP • Energy related products (mostly crude oil) were dominant – 82% in 2013 with Nigeria, Angola, Chad, Gabon and Republic of Congo all AGOA-Eligible • However they were sharply lower – by $30 ...
... in 2013 or less than 2% of total US merchandise imports • Of these 70% were duty-free either under AGOA of GSP • Energy related products (mostly crude oil) were dominant – 82% in 2013 with Nigeria, Angola, Chad, Gabon and Republic of Congo all AGOA-Eligible • However they were sharply lower – by $30 ...
Bo Rothstein (born 1954) holds the August Röhss Chair in Political
... academics, politicians and bureaucrats. The topic given to me was, “How To Control the Civil Service”. After the talk, I had the opportunity to speak with one of the top officials in the Russian tax authority. He was very interested in what I had to say because he had learned, in Sweden, taxpayers a ...
... academics, politicians and bureaucrats. The topic given to me was, “How To Control the Civil Service”. After the talk, I had the opportunity to speak with one of the top officials in the Russian tax authority. He was very interested in what I had to say because he had learned, in Sweden, taxpayers a ...
Paper Title (use style: paper title)
... Perpendicular LRPC vs. the Negatively Sloped LRPC Friedman’s AEH had led to a family of short-run Phillips Curves (SRPCs) and a perpendicular long-run Phillips Curve (LRPC) at the NRU level, implying that the economy would always come to equilibrium at NRU due to AEH. Keynesian economists also accep ...
... Perpendicular LRPC vs. the Negatively Sloped LRPC Friedman’s AEH had led to a family of short-run Phillips Curves (SRPCs) and a perpendicular long-run Phillips Curve (LRPC) at the NRU level, implying that the economy would always come to equilibrium at NRU due to AEH. Keynesian economists also accep ...
Human Geography By James Rubenstein
... Modern technology diffuses from take-off industries to a wide variety of industries. Workers become more skilled and specialized. ...
... Modern technology diffuses from take-off industries to a wide variety of industries. Workers become more skilled and specialized. ...
A REVIEW OF MICROECONOMIC THEORY
... services offered for sale. The second section deals with the choices made by business organizations or firms. We shall develop a model of the firm that helps us to see how the firm decides what goods and services to produce, how much to produce, and at what price to sell its output. In the third sectio ...
... services offered for sale. The second section deals with the choices made by business organizations or firms. We shall develop a model of the firm that helps us to see how the firm decides what goods and services to produce, how much to produce, and at what price to sell its output. In the third sectio ...
in PDF format
... academics, politicians and bureaucrats. The topic given to me was, “How To Control the Civil Service”. After the talk, I had the opportunity to speak with one of the top officials in the Russian tax authority. He was very interested in what I had to say because he had learned, in Sweden, taxpayers a ...
... academics, politicians and bureaucrats. The topic given to me was, “How To Control the Civil Service”. After the talk, I had the opportunity to speak with one of the top officials in the Russian tax authority. He was very interested in what I had to say because he had learned, in Sweden, taxpayers a ...
Size, Openness, and Macroeconomic Interdependence
... Our model reduces to a standard closed economy textbook macroeconomic model for N = 1. Novelty comes solely from the country dimension. In our set up, the world consists of N countries indexed by i ∈ {1, 2, ..., N } where country 1 is chosen as a numeraire (without the loss of generality). Each coun ...
... Our model reduces to a standard closed economy textbook macroeconomic model for N = 1. Novelty comes solely from the country dimension. In our set up, the world consists of N countries indexed by i ∈ {1, 2, ..., N } where country 1 is chosen as a numeraire (without the loss of generality). Each coun ...
a survey of trade theories - Wageningen UR E
... Adam Smith and David Ricardo and stillthere ismuch controversy in explaining the causesoftrade.Differences between countries,for instance in naturalfactor endowmentsandfactor prices,canbeamotive for trade betweentwo countries. Countries trade in order to take advantage of these differences.Thisconce ...
... Adam Smith and David Ricardo and stillthere ismuch controversy in explaining the causesoftrade.Differences between countries,for instance in naturalfactor endowmentsandfactor prices,canbeamotive for trade betweentwo countries. Countries trade in order to take advantage of these differences.Thisconce ...
Correcting External Imbalances in the European Economy
... Baltics from a position of -17% in 2007 to +4% in 2009; in Bulgaria and Romania from -19% in 2007 to -2.5% in 2010) and in some economies to more gradual but also very substantial adjustments (in the Southern EU economies from -12% in 2008 to +1% in 2014; and in the Western Balkan economies from -20 ...
... Baltics from a position of -17% in 2007 to +4% in 2009; in Bulgaria and Romania from -19% in 2007 to -2.5% in 2010) and in some economies to more gradual but also very substantial adjustments (in the Southern EU economies from -12% in 2008 to +1% in 2014; and in the Western Balkan economies from -20 ...
Theory - Dave Donaldson
... share of differentiated good firms (and so will export that good). Since wages are necessarily equal, firms will only be active in the smaller market if they face softer competition (lower n) there. With a little bit of algebra, one can show that (restricting attention to cases where nH > 0 and nL > ...
... share of differentiated good firms (and so will export that good). Since wages are necessarily equal, firms will only be active in the smaller market if they face softer competition (lower n) there. With a little bit of algebra, one can show that (restricting attention to cases where nH > 0 and nL > ...
The Long-Term Impact of Trade with Firm Heterogeneity
... The dynamic effects of trade and especially the long term consequences of tradeinduced resource allocation are traditionally tackled by growth theory. We can think about the most influential works on endogenous growth of the nineties as adding different types of growth mechanisms to a diversity of t ...
... The dynamic effects of trade and especially the long term consequences of tradeinduced resource allocation are traditionally tackled by growth theory. We can think about the most influential works on endogenous growth of the nineties as adding different types of growth mechanisms to a diversity of t ...
PDF
... important tests of the complex political and economic integration across North and South America, given the fact that in no other geographically contiguous area of the world do we see such large disparities in sizes and levels of development among countries, coupled with such intense patterns of tra ...
... important tests of the complex political and economic integration across North and South America, given the fact that in no other geographically contiguous area of the world do we see such large disparities in sizes and levels of development among countries, coupled with such intense patterns of tra ...
Labour and Capital - UWA Business School
... much of the different abilities of different individuals and groups within the socioeconomic division of labour are the effect of division of labour, rather than being the result of natural differences among human beings.1 In striking contrast to the opening chapters of WN, where division of labour ...
... much of the different abilities of different individuals and groups within the socioeconomic division of labour are the effect of division of labour, rather than being the result of natural differences among human beings.1 In striking contrast to the opening chapters of WN, where division of labour ...
Environmental Economics: A Market Failure Approach to the
... concludes by assessing the ways in which lower courts have responded to this new doctrinal turn and focuses on their attempts to describe the ESA as regulation of economic activity. In Part II, I propose a market failure approach as a more convincing way to identify the economic activity regulated b ...
... concludes by assessing the ways in which lower courts have responded to this new doctrinal turn and focuses on their attempts to describe the ESA as regulation of economic activity. In Part II, I propose a market failure approach as a more convincing way to identify the economic activity regulated b ...
Creating Ties That Bind - University of Virginia Darden School of
... several mechanisms that may connect microsocial contracts and macro hypernorms. It is worth noting that our argument here might also be construed more broadly, suggesting that ultimately we need to think about the process by which Kantian, Utilitarian, social contract, or virtuebased issues are, in ...
... several mechanisms that may connect microsocial contracts and macro hypernorms. It is worth noting that our argument here might also be construed more broadly, suggesting that ultimately we need to think about the process by which Kantian, Utilitarian, social contract, or virtuebased issues are, in ...
Survey of Communication Study/Chapter 5
... • Heuristic Value means that a theory prompts other theorists to engage in further study and theorizing about a given problem. The Greeks used the term heurisko, meaning “I find” to refer to an idea, which stimulates additional thinking and discovery. This is an important criterion that facilitates ...
... • Heuristic Value means that a theory prompts other theorists to engage in further study and theorizing about a given problem. The Greeks used the term heurisko, meaning “I find” to refer to an idea, which stimulates additional thinking and discovery. This is an important criterion that facilitates ...
PDF Full-text
... the stock of capital for developmental growth. This notion was to some extent in consistent with Ndikumana and Verick (2007) [29] who found out, using a fixed-effect estimator, that FDI is higher in countries where both private and public investment ratios are higher with a strong correlation betwee ...
... the stock of capital for developmental growth. This notion was to some extent in consistent with Ndikumana and Verick (2007) [29] who found out, using a fixed-effect estimator, that FDI is higher in countries where both private and public investment ratios are higher with a strong correlation betwee ...
Development economics
Development economics is a branch of economics which deals with economic aspects of the development process in low-income countries. Its focus is not only on methods of promoting economic development, economic growth and structural change but also on improving the potential for the mass of the population, for example, through health and education and workplace conditions, whether through public or private channels.Development economics involves the creation of theories and methods that aid in the determination of policies and practices and can be implemented at either the domestic or international level. This may involve restructuring market incentives or using mathematical methods such as inter-temporal optimization for project analysis, or it may involve a mixture of quantitative and qualitative methods.Unlike in many other fields of economics, approaches in development economics may incorporate social and political factors to devise particular plans. Also unlike many other fields of economics, there is no consensus on what students should know. Different approaches may consider the factors that contribute to economic convergence or non-convergence across households, regions, and countries.