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Now showing items 241-250 of 262
The Politicization of Growth Theory
(2001)
In this essay I review the main features of neoclassical growth theory, with an eye to seeing what it has to say about the causes of wealth and poverty among nations. I argue that outside the OECD and a comparatively small ...
Does openness reduce wage inequality in developing countries? A panel data analysis
(2006)
This paper provides panel data evidence on trade liberalization and wage inequality in Bangladesh. Using several standard econometric models, wage equations for skilled and unskilled workers in the formal manufacturing ...
The Phase-Out of Leaded Gasoline in the EU: A Successful Failure?
(1999)
The objective of this paper is to analyze in both descriptive and econometric terms the phase-out of leaded gasoline consumption in the EU countries. The phase-out process is characterized by increased consumption of ...
Are Underwriter-Analysts More Informed? Scandinavian Evidence
(2004)
Excess returns for Scandinavian IPO-firm initial buy recommendations registered on the First Call database from underwriter analysts (informed analysts) for 1996-2002 were compared to those of non-underwriter
analysts ...
An Empirical Test of Purchasing Power Parity in Selected African Countries - a Panel Data Approach
(2001)
The paper tests whether the theory of Purchasing Power Parity holds in a selected sample of twenty African countries. The paper employs a panel unit root test to test whether the real exchange rates in the panel are mean ...
A Dynamic Model of Inflation for Kenya 1974 - 1996
(1998)
This paper develops an error correction model with the aim of analysing the behaviour of prices in Kenya during 1974 -1996. In estimating the model, we first test for cointegration in the money and foreign exchange markets, ...