January 25, 2013
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Posted by NCID

Pamplona. January 25th, 2013.

Abdulaziz Shiffa is a PhD candidate from Stockholm University. He proposed an explanation on why emerging economies experience a very rapid growth. To respond to this question, Shiffa developed a simple model of growth and economic catch-up that allows for human capital to transfer from frontier to developing economies. By analyzing the results of the model, Shiffa concluded that the possibility of human capital transfer could double the impact of a total factor productivity (TFP) increase in a typical catching-up economy.

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January 21, 2013
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Posted by NCID

Pamplona. January 14th, 2013.

Lorenzo Rotunno is a PhD candidate from The Graduate Institute of Geneva.  During his visit, he discussed the idea that Free Trade Agreements (FTA) are more likely to be signed by governments that have a high probability of losing their power for the next term. By estimating how the change in the probability of an FTA is linked to the likelihood of government turnover, Rottuno concluded that countries are more likely to sign FTAs after the unexpected exit of their leaders; that is when the probability of political turnover is high. Rotunno furthe...

January 14, 2013
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Posted by NCID

Pamplona. Janurary 14th, 2013

Joaquín Naval is a Ph.D. Candidate at the Universitat Autónoma de Barcelona. Naval delivered a seminar about the effects of the informal economy and long-term growth in developing countries. By creating a two-period overlapping generations model with children and working-age adults, he established a theoretical relationship between education, child labor, and the informal sector. Naval further highlighted the importance of using means-tested education subsidies as a way to end the poverty trap. He concluded that the long term benefit of inf...

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