60853 research outputs found
Sort by
Distributional Energy Justice and the Inclusive Human Development Agenda in Africa
Full text linkThis study advances the economic development scholarship through three key contributions. First, it examines the impact of distributional energy justice (hereafter referred to as energy justice) on inclusive human development (IHDI) in Africa. Second, we investigate how climate readiness moderates the effect of energy justice on IHDI. Third, we explore whether the joint effect of energy justice and climate readiness differs across low- and high-income African countries. We make these contributions using macro data for 36 African countries from 2010 to 2020. The results reveal that energy justice promotes IHDI. The contingency analysis also demonstrates that climate readiness amplifies the positive impact of energy justice on IHDI. Notably, across the economic, social, and governance perspectives of climate readiness, the results show that the moderating effect of governance readiness is striking. Evidence from sensitivity analysis also suggests that relative to their low-income counterparts, high-income countries realise a remarkable increase in IHDI with progress in energy justice and climate readiness. These findings underscore the urgent need for investments in energy justice and climate resilience to foster inclusive human development in Africa
Distributional Energy Justice and the Inclusive Human Development Agenda in Africa
Full text linkThis study advances the economic development and wellbeing scholarship through three key contributions. First, we show how distributional energy justice (hereafter: energy justice) affects inclusive human development (IHDI) in Africa. Second, we demonstrate how climate readiness moderates the effect of energy justice on IHDI. Third, we provide new evidence on how the joint effect of energy justice and climate readiness differs across low- and high-income African countries. We make these contributions using macro data for 36 African countries from 2010 to 2020. The results reveal that energy justice promotes IHDI. The contingency analysis also demonstrates that climate readiness amplifies the positive impact of energy justice on IHDI. Notably, across the economic, social, and governance perspectives of climate readiness, the results show that the moderating effect of governance readiness is striking. Evidence from sensitivity analysis also indicates that economic and governance readiness conditions energy justice to enhance IHDI in both high- and low-income African countries; however, these gains become elusive for the latter once social readiness is considered. These findings underscore the urgent need for investments in energy justice and climate readiness to foster IHDI in Africa
Teletrabajo en Suecia: impacto en bienestar, depresión y balance vida personal-trabajo
No full textResumen
Este trabajo analiza los efectos del teletrabajo sobre el bienestar subjetivo, la depresión y el equilibrio vida trabajo de los empleados suecos en 2021. Con microdatos representativos del EWCTS y una muestra de 1281 individuos, se estiman modelos OLS, logit y logit ordenado que relacionan la intensidad del teletrabajo (ninguno, parcial, completo) con los tres resultados, controlando por características individuales, del hogar, del empleo y por la tele trabajabilidad del puesto. Los resultados muestran que el teletrabajo no altera de forma significativa el bienestar medio, pero el teletrabajo completo mejora claramente el equilibrio vida trabajo y, a la vez, los jóvenes teletrabajadores presentan mayor probabilidad de síntomas depresivos que sus homólogos presenciales. En un contexto sueco de teletrabajo híbrido ya normalizado, el impacto agregado sobre el bienestar es neutro, pero el diseño concreto del teletrabajo resulta clave para evitar nuevos focos de vulnerabilidad psicológica.
Abstract
This paper studies the effects of telework on subjective well being, depression and work–life balance among Swedish employees in 2021. Using representative EWCTS microdata and a sample of 1,281 individuals, we estimate weighted OLS, logit and ordered logit models linking telework intensity (none, partial, fulltime) to these three outcomes, controlling for individual, household and job characteristics and for job tele workability. Results show that telework does not significantly affect average well being, while full time telework clearly improves work–life balance and, at the same time, young teleworkers are more likely to report depressive symptoms than comparable non teleworkers. In Sweden’s already normalized hybrid telework regime, the aggregate impact on well being appears neutral, but the specific design and conditions of telework are crucial to prevent new pockets of psychological vulnerability
Tecnología criptomonetaria y sistema monetario internacional
No full textThroughout the millennial history of money, various payment instruments have been developed: some designed to facilitate economic transactions and others to preserve accumulated wealth, adapting in each historical period to the conditions and capabilities of the society of their time. In this context, the maturity achieved by the cryptocurrency industry over the last five years, especially in areas such as blockchain, oracle networks, self-custody, multi-chain environments, and decentralized applications —DApps—combined with today's colossal data processing capacity, opens up the possibility of applying these 21st-century technologies to the construction of a new international monetary system. This article explains how to use these telematic tools to achieve this, as well as their implications in the financial and economic arena, including enhanced financial stability and the recognition of the Fundamental Right of People to Safeguard the Wealth
When Does Digitalization Pay Off? The Role of Culture Across the Income Distribution
No full textDigitalization boosts economic performance, but its returns vary widely across countries. This paper shows that culture - measured via a World Values Survey index of effort, success, and technological openness - acts as a threshold moderator: internet usage raises log GDP per capita by 0.021 below the cultural threshold (-0.37) vs. 0.033 above it, using 55-country averages (2017-2024). Threshold regressions and quantiles reveal stronger effects in high-culture regimes and upper income quantiles, extending Haller (2024) globally with non-linearities. Results are robust across digitalization proxies (internet, fixed broadband, mobile cellular), implying infrastructure alone fails without cultural readiness for innovation
The Effects of Regional Economic Integration and Foreign Direct Investment on Greenland's Economic Development
No full textCountries need Regional Economic Integration (REI) for their economic development. In particular, the Regional Economic Integration established between Greenland and the Eurozone and European Free Trade Association (EFTA) countries aims to increase the productivity of factors through competition. Greenland, which might seem unsuitable for investment due to its location, offers significant economic diversification. In an REI between the Eurozone and EFTA countries, Greenland will play a critical role in the economic development of both. However, while Greenland's participation in the REI is vital for its economic growth, additional obligations and high costs must also be considered, and its inability to participate could lead to lower economic performance. Therefore, Foreign Direct Investment (FDI) in Greenland will facilitate its participation in the REI and increase its competitiveness. This study will examine the impact of Regional Economic Integration (REI) between Greenland and the Eurozone and EFTA countries on the Greenlandic economy, and how Foreign Direct Investment (FDI) stemming from the REI will contribute to Greenland's economic development
Distributive Conflict and Wage Formation in Germany: A Kaleckian Perspective on Nominal Wages and Demand (1990–2024)
No full textThis paper investigates the interplay between distributive conflict, wage dynamics, and persistent unemployment within a Kaleckian framework, emphasizing the long-memory properties of wages. We develop a stochastic model in which wages adjust adaptively to cumulative historical discrepancies between prices and wages, reflecting backward-looking expectations, institutional rigidities, and distributive conflict. Applying this framework to Germany over the period 1990–2024, we provide empirical evidence that persistent price–wage divergences generate long-lasting effects on real wages and aggregate demand. Within a Kaleckian perspective in which investment and employment are demand-driven, these wage dynamics contribute to the persistence of unemployment by weakening consumption and effective demand over time. Our findings highlight that long-memory wage adjustment amplifies the macroeconomic consequences of distributive conflict and inflation, underscoring the importance of historical wage inertia in shaping employment outcomes. The results offer new insights into the structural origins of persistent unemployment in advanced economies
Le seuil de la dette publique en République Démocratique du Congo : contraintes conjoncturelles et impératif de soutenabilité pour le financement du développement
No full textThe Democratic Republic of Congo (DRC) faces a structural paradox: a massive need for financing to support its economic and social development, in a context of limited domestic resource mobilization capacity. Public borrowing therefore appears to be an unavoidable lever to bridge the financing gap. However, the accumulation of debt is not neutral with respect to the effectiveness of economic policies, particularly countercyclical policies.
This article analyzes the existence of critical public debt thresholds in the DRC beyond which borrowing no longer supports growth and instead weakens the effectiveness of macroeconomic instruments. Using a threshold effects approach applied to Congolese macroeconomic data, the study identifies two major thresholds (32% and 110% of GDP) and draws strong implications for the development financing strategy and debt sustainability
Bienestar, depresión y conciliación entre la vida laboral y personal de los trabajadores: impacto del teletrabajo en el caso de Francia
No full textTeleworking is an increasingly widespread practice, which has led to permanent changes in labour markets around the world. In France, as well as in other European countries, there are specific regulations to ensure equal rights between remote and on-site workers. The study aims to analyze the impact of teleworking on three dimensions associated with worker well-being: subjective well-being, depression and work-life balance, in the specific case of France. By introducing sociodemographic and occupational controls into the regressions, the results show that teleworking has no statistically significant effects, whereas variables such as gender, parenthood and place of residence, among others, do
Dualisme des régimes de change et contrainte de coordination des politiques économiques en République Démocratique du Congo
No full textThis paper analyzes the effects of exchange rate regime dualism on the coordination of economic policies in the Democratic Republic of the Congo (DRC). Although the country officially adopted a floating exchange rate regime in 2001, the economy remains highly dollarized and characterized by persistent segmentation between the official and parallel foreign exchange markets. This institutional mismatch raises concerns about the effectiveness of macroeconomic policy coordination.
Using annual data for the period 1995–2024, the study applies a linear econometric model in which inflation serves as a synthetic indicator of macroeconomic coordination. The model includes the degree of dollarization, money supply growth, the fiscal deficit, and an indicator capturing foreign exchange market dualism. The results indicate that inflation dynamics in the DRC are mainly driven by monetary expansion and changes in the degree of dollarization. Exchange rate market dualism influences inflation indirectly by weakening monetary transmission mechanisms. Furthermore, the shift to a floating exchange rate regime in 2001 does not appear to have generated a significant structural break in inflation behavior.
These findings suggest that the primary constraint on macroeconomic coordination in the DRC does not stem from the formal exchange rate regime choice itself, but rather from the coexistence of a de jure floating regime and a de facto highly dollarized monetary system. The paper underscores the importance of coherent and credible policy strategies aimed at strengthening monetary credibility and improving coordination among monetary, fiscal, and exchange rate policies