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Full-Text Articles in Macroeconomics
Benchmarking Structural Transformation Across The World, Era Dabla-Norris, Alun H. Thomas, Rodrigo Garcia-Verdu, Yingyuan Chen
Benchmarking Structural Transformation Across The World, Era Dabla-Norris, Alun H. Thomas, Rodrigo Garcia-Verdu, Yingyuan Chen
Rodrigo Garcia-Verdu
Presentation given at the IMF's Jobs and Growth Seminar on December 13, 2013, based on the IMF Working Paper No. 13/176 with the same name
Essays In Macroeconomics Of Development, Douwere Eric Grekou
Essays In Macroeconomics Of Development, Douwere Eric Grekou
Electronic Thesis and Dissertation Repository
This thesis consists of three chapters on macroeconomics of development. The first chapter discusses the impact of educational corruption on economic development. Its main contribution lies in quantifying two channels of educational corruption: a direct channel, whereby incompetent workers affect production due to a misallocation of talent, and a dynamic indirect channel, which can be referred to as a teacher’s effect on the availability of competent agents for production. The results suggest that, for the countries with the highest levels of educational corruption, the losses in output per capita induced by the indirect channel are ten times as large as …
The Role Of Islamic Banking In Economic Growth, Katherine Johnson
The Role Of Islamic Banking In Economic Growth, Katherine Johnson
CMC Senior Theses
Islamic banking is currently one of the fastest growing segments of the financial market industry, operating in over 75 countries through 300 institutions. While past literature has established the development of financial institutions as a determinant of economic growth, research on the correlation of the diffusion of Islamic banking with economic growth is limited. This study seeks to add to the literature by empirically analyzing the economic growth determinative power of Islamic banks. Confirming past research, Muslim prevalence in a population is found to be the most significant determinant of the diffusion of Islamic banks. Using this exogenous instrument in …