scholarly journals Here Comes the Rain Again: Productivity Shocks, Educational Investments and Child Work

2021 ◽  
Author(s):  
Christophe Jalil Nordman ◽  
Smriti Sharma ◽  
Naveen Sunder
Keyword(s):  
Productivity Shocks ◽  
Child Work ◽  
Educational Investments

scholarly journals Here Comes the Rain Again: Productivity Shocks, Educational Investments and Child Work

2020 ◽  
Author(s):  
Christophe Nordman ◽  
Smriti Sharma ◽  
Naveen Sunder
Keyword(s):  
Productivity Shocks ◽  
Child Work ◽  
Educational Investments

International Labour Mobility and Child Work in Developing Countries

2014 ◽  
Author(s):  
Anna S. De Paoli ◽  
Mariapia Mendola
Keyword(s):  
Developing Countries ◽  
Labour Mobility ◽  
Child Work

Anticipated versus unanticipated productivity shocks and hours-worked

2021 ◽  
Vol 72 ◽  
pp. 547-572
Author(s):  
Syed Zahid Ali ◽  
Irfan A. Qureshi
Keyword(s):  
Productivity Shocks ◽  
Hours Worked

Productivity shocks and capital asset pricing

1997 ◽  
Vol 6 (3) ◽  
pp. 303-316 ◽  
Author(s):  
Yajun Peng ◽  
Hany Shawky
Keyword(s):  
Asset Pricing ◽  
Capital Asset Pricing ◽  
Capital Asset ◽  
Productivity Shocks

The upward trend in the volatility of firm productivity shocks

2018 ◽  
Vol 163 ◽  
pp. 68-71
Author(s):  
Yunting Liu
Keyword(s):  
Firm Productivity ◽  
Upward Trend ◽  
Productivity Shocks

scholarly journals Asset Returns, the Business Cycle and the Labor Market

2013 ◽  
Vol 14 (3) ◽  
pp. 372-397 ◽  
Author(s):  
Burkhard Heer ◽  
Alfred Maußner
Keyword(s):  
Labor Market ◽  
Business Cycle ◽  
Equity Premium ◽  
Working Hours ◽  
New Keynesian ◽  
Monetary Shocks ◽  
Productivity Shocks ◽  
New Keynesian Models ◽  
The Business Cycle ◽  
Sticky Wages

Abstract We review the labor market implications of recent real-business cycle and New Keynesian models that successfully replicate the empirical equity premium. We document the fact that all models reviewed in this article that do not feature either sticky wages or immobile labor between two production sectors as in Boldrin et al. (2001) imply a negative correlation of working hours and output that is not observed empirically. Within the class of Neo-Keynesian models, sticky prices alone are demonstrated to be less successful than rigid nominal wages with respect to the modeling of the labor market stylized facts. In addition, monetary shocks in these models are required to be much more volatile than productivity shocks to match statistics from both the asset and labor market.

Productivity Shocks and Real Exchange Rates: A Reappraisal

2009 ◽  
Author(s):  
Tuomas A. Peltonen ◽  
Michael Sager
Keyword(s):  
Exchange Rates ◽  
Real Exchange Rates ◽  
Productivity Shocks

scholarly journals The Causality between Education and GDP Growth in Asian Countries

2015 ◽  
Vol 50 ◽  
pp. 28-35 ◽  
Author(s):  
Mohsen Mehrara ◽  
Maysam Musai
Keyword(s):  
Economic Growth ◽  
Formal Education ◽  
Panel Cointegration ◽  
Capital Formation ◽  
Cointegration Analysis ◽  
Point Of View ◽  
Asian Countries ◽  
Variable Model ◽  
Long Run ◽  
Educational Investments

This paper investigates the causal relationship between education and GDP in 40 Asian countries by using panel unit root tests and panel cointegration analysis for the period 1970-2010. A three-variable model is formulated with capital formation as the third variable. The results show a strong causality from investment and economic growth to education in these countries. Yet, education does not have any significant effects on GDP and investment in short- and long-run. It means that it is the capital formation and GDP that drives education in mentioned countries, not vice versa. So the findings of this paper support the point of view that it is higher economic growth that leads to higher education proxy. It seems that as the number of enrollments raise, the quality of the education declines. Moreover, the formal education systems are not market oriented in these countries. This may be the reason why huge educational investments in these developing countries fail to generate higher growth. By promoting practice-oriented training for students particularly in technical disciplines and matching education system to the needs of the labor market, it will help create long-term jobs and improve the country’s future prospects.

Sign in / Sign up

Export Citation Format

Share Document