Economics Projects, Dissertations, Thesis, Economics Research Papers, Working Papers, Cases, Examples, Resources
Numerous studies have confirmed a statistically significant negative relationship between natural resource abundance and economic growth. This has been labeled “The Resource Curse”. In this paper we try to explain why Botswana, a country heavily dependent on its diamond industry, has managed
Recent cross-country comparisons of bank efficiency have been based on pooled estimates of banks across countries and have typically assumed a common frontier and that differences in performance among banks are primarily due to disparities in certain country-specific aspects of banking technology.
This paper presents a new approach to modelling credit restrictions by considering uncertain access to the asset market. The asset market and the stochastic process governing access are considered fully exogenous and independent of income. The model generates stable debt trajectories for
Research and development (R&D) of new products is considered to be one of the central factors leading to an increase in the welfare of a society. Pain relief, reduced death rates and the fact that we can look forward to and enjoy
This study is concerned with the determinants of monetary policy in the ERM countries. We derive a monetary policy rule, an interest rate rule, from a minimization problem faced by the central bank. The loss function trades off costs of interest rate
Spatial econometrics is a subfield of econometrics that deals with the treatment of spatial interactions in regression models for cross sectional and panel data. Chapter 1: This is the first paper that highlights the role of spatial interactions, in the context of
Human capital theory states that workers’ knowledge and skills increase their productivity and thus raise their earnings. An important dimension of human capital theory distinguishes between general human capital and… Contents Chapter 1: Introduction Chapter 2: Technology and Displaced Workers’ Earnings Losses
This text will take you on a journey to the Far East – Bangladesh to be more specific. In spring 2008 I went there to find some answers to the question of wages. I wanted to know if a change in focus
This paper analyses the prerequisites for and the results of unanimous monetary policy decisions in a monetary union consisting of heterogeneous members. The analysis is based on a multicountry version of Rogoff’s model of the determination of monetary policy in the presence
This study of markups, ie prices over marginal costs in manufacturing industries, builds on the work of Robert Hall and Werner Roeger. We analyze several methods used in estimating sectoral markups, and then apply them to empirical analysis of the industrial sectors