IOSR Journal of Economics and Finance (IOSR-JEF)
... went along with increasing labor productivity. Adult literacy rate represents high labor productivity and thereby, it is a reflection of human capital. Trade, in the increasingly globalized world, is considered as the most dominant sources of growth and efficient allocation of resources. Hence, the ...
... went along with increasing labor productivity. Adult literacy rate represents high labor productivity and thereby, it is a reflection of human capital. Trade, in the increasingly globalized world, is considered as the most dominant sources of growth and efficient allocation of resources. Hence, the ...
Why does financial sector growth crowd out real economic growth?
... Next, we introduce skilled workers who can be hired either by financiers to improve their ability to lend, increasing financial sector growth, or by entrepreneurs to improve their returns (albeit at the cost of lower pledgeability).3,4 We then show that when skilled workers work in one sector it gen ...
... Next, we introduce skilled workers who can be hired either by financiers to improve their ability to lend, increasing financial sector growth, or by entrepreneurs to improve their returns (albeit at the cost of lower pledgeability).3,4 We then show that when skilled workers work in one sector it gen ...
Who Can Explain the Mauritian Miracle
... One variable on which Mauritius scores highly is human capital: for example, life expectancy at birth (60.4 years) in the early 1970s was substantially higher in Mauritius than even in the fast growing economies of Asia. On most of the other variables however, Mauritius fares either more poorly than ...
... One variable on which Mauritius scores highly is human capital: for example, life expectancy at birth (60.4 years) in the early 1970s was substantially higher in Mauritius than even in the fast growing economies of Asia. On most of the other variables however, Mauritius fares either more poorly than ...
Business growth File
... – The expansion of a business might be motivated by a desire to diversify production and sales – Diversification of products and also out-sourcing of different stages of production ...
... – The expansion of a business might be motivated by a desire to diversify production and sales – Diversification of products and also out-sourcing of different stages of production ...
Evaluating the Impact of One NorthEast
... is a measure of how efficiently factors of production (land, labour and capital) are used in the production process ...
... is a measure of how efficiently factors of production (land, labour and capital) are used in the production process ...
Chapter 27 Insert B
... shift downward given that individuals will need to work 5 more years before retiring. There is less need to save for retirement. (d) The consumption schedule will shift upward and the saving schedule will shift downward because individuals expect to be earning higher income in the future. (e) The co ...
... shift downward given that individuals will need to work 5 more years before retiring. There is less need to save for retirement. (d) The consumption schedule will shift upward and the saving schedule will shift downward because individuals expect to be earning higher income in the future. (e) The co ...
Boosting Confidence: How Much Can Fiscal Policy Do
... macroeconomy. We build on earlier work by Fuhrer (1993) on the determinants of consumer confidence, and on work by Carrol et. al (1994), Howrey (2001), Ludvigson (2004) and Easaw et al (2005) on the predictive content of consumer confidence, and assess the effects of different components of taxes a ...
... macroeconomy. We build on earlier work by Fuhrer (1993) on the determinants of consumer confidence, and on work by Carrol et. al (1994), Howrey (2001), Ludvigson (2004) and Easaw et al (2005) on the predictive content of consumer confidence, and assess the effects of different components of taxes a ...
ALMALAUREA WORKING PAPERS no. 15 Human capital
... (Krueger and Lindahl, 2001). This result is justified with a technological catching up process, which is effective only if the stock of human capital is greater than a threshold value as in Benhabib and Spiegel (2005). Non linear effects may be introduced to deal for this idea. Another view on techn ...
... (Krueger and Lindahl, 2001). This result is justified with a technological catching up process, which is effective only if the stock of human capital is greater than a threshold value as in Benhabib and Spiegel (2005). Non linear effects may be introduced to deal for this idea. Another view on techn ...
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... agricultural subsistence …t the data. Buera and Koboski (2012) further elaborate that theme by arguing that scale technologies for mass production are important forces leading to industrialization. For a comprehensive survey, the reader is referred to Herrendorf, Rogerson, Valentinyi (2013). There i ...
... agricultural subsistence …t the data. Buera and Koboski (2012) further elaborate that theme by arguing that scale technologies for mass production are important forces leading to industrialization. For a comprehensive survey, the reader is referred to Herrendorf, Rogerson, Valentinyi (2013). There i ...
Concept, Measurement, and Ideology of “National Competitiveness” 1 Tamás Szentes
... Such as in various specific spheres of education, science, arts, culture, and sport, also in space research, in regard to environment protection, social welfare, life security, political regime, level of democracy, prestige and influence, etc., and unfortunately also in armament, in acquisition of s ...
... Such as in various specific spheres of education, science, arts, culture, and sport, also in space research, in regard to environment protection, social welfare, life security, political regime, level of democracy, prestige and influence, etc., and unfortunately also in armament, in acquisition of s ...