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Social and Behavioral Sciences Commons™
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- Bunding -- Effect on crop production (1)
- Capital movements (1)
- Economic stability (1)
- Employment (Economic theory) (1)
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- Financial integration (1)
- Geography -- Western Europe -- Economic aspects (1)
- Hysteresis (Economics) -- Latin America -- 1980-2005 (1)
- Monetary policy (1)
- Rain and rainfall -- Ethiopia (1)
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- Soil conservation -- Ethiopia -- Economic aspects (1)
- Stochastic analysis (1)
- Unemployment (1)
- Well-being -- Economic aspects (1)
Articles 1 - 4 of 4
Full-Text Articles in Social and Behavioral Sciences
Hysteresis In Unemployment: Evidence From Latin America, Matias Mednik, Cesar Rodriguez, Inder J. Ruprah
Hysteresis In Unemployment: Evidence From Latin America, Matias Mednik, Cesar Rodriguez, Inder J. Ruprah
Economics Faculty Publications and Presentations
This paper tests the hysteresis hypothesis in unemployment for 13 Latin American countries covering the period 1980-2005. The tests exploit the time series and the cross sectional variation of the series, and allows for cross section dependence and a different number of endogenously determined structural breakpoints. The findings give support to the hysteric dynamic hypothesis for the majority of the countries analyzed. The implications of the results have ramifications regarding macro-stabilization, structural reform, and the design of social safety protection.
Economics Of Soil Conservation Adoption In High-Rainfall Areas Of The Ethiopian Highlands, Menale Kassie, Stein Holden, Gunnar Köhlin, Randall Bluffstone
Economics Of Soil Conservation Adoption In High-Rainfall Areas Of The Ethiopian Highlands, Menale Kassie, Stein Holden, Gunnar Köhlin, Randall Bluffstone
Economics Faculty Publications and Presentations
This study measures the impact of fanya juu bunds (an important soil and water conservation technology and the most popular type of contour bund in east Africa) on the value of crop production in a high-rainfall area in the Ethiopian highlands using cross-sectional multiple plot observations. We applied switching regression, stochastic dominance analysis (SDA), and decomposition and propensity score matching methods to ensure robustness. The switching regression, SDA, and decomposition analyses relied on matched observations, which was important because regression and SDA often do not ensure that comparable plots with conservation technology (conserved) and plots without (unconserved) actually exist in …
Far-Flung Europe: What Is The Economic Impact Of Geography?, John Luke Gallup
Far-Flung Europe: What Is The Economic Impact Of Geography?, John Luke Gallup
Economics Faculty Publications and Presentations
Several Western European countries have integral territory thousands of miles from continental Europe. The economic performance in these "outermost" regions tests the impact of geographical isolation in a high income, institutionally uniform setting quite different from the geographical challenges of poor, agriculturally dependent developing countries. The European regional data used have different starting years by country. This required the derivation of a new non-linear estimation model for cross-regional growth. The outermost regions converge to national income levels of continental Europe at least as fast as other poor continental regions, showing no special impact of geography on economic growth. Looking at …
East Asia And Global Imbalances: Saving, Investment, And Financial Development, Hiro Ito, Menzie David Chinn
East Asia And Global Imbalances: Saving, Investment, And Financial Development, Hiro Ito, Menzie David Chinn
Economics Faculty Publications and Presentations
We investigate the role of budget balances, financial development and openness, in the evolution of global imbalances. Financial development – or the lack thereof – has received considerable attention as a possible contributing factor to the development of persistent and expanding current account imbalances. Several observers have argued that the depth and sophistication of US capital markets have caused capital to flow from relatively underdeveloped East Asian financial markets. In this paper, we extend our previous work by examining the effect of different types and aspects of financial development. Our cross-country analysis, encompassing a sample of 19 industrialized countries and …