On the other hand, microeconomic studies have investigated the effect of specific tax changes and government benefits on labor demand and supply dynamics.
On the other hand, microeconomic studies appear to confirm that a sizeable chunk of the increase has been structural.
During a spike in food prices in 2005 grain was 4.5% cheaper in markets with mobile coverage.Such microeconomic studies provide support for macroeconomic analyses that suggest a link between mobile phones and economic growth.
Piketty's bestselling book, Capital in the Twenty-First Century, owes much to the detailed microeconomic studies conducted by Deaton and Tony Atkinson of Nuffield College, Oxford, and there was some speculation that the prize might have been shared by the two economists this year.
It bridges the gap between Maddison's macroeconomic panorama and microeconomic studies by historians such as Peter Laslett, author of "The World We Have Lost", about early modern England.For the most part, the findings confirm what is suspected, if not known in such detail.
4 These elasticities are much larger than in microeconomic studies (e.g., Prescott 2004).
Microeconomic studies have examined individual factors that influence the decision to transfer and/or the remitted amount using data from surveys conducted among migrants or households who remained in the country of origin.
Microeconomic studies have shown that socio-economic characteristics of migrants and recipient households, such as the level of wealth, the education or the level of risk to which they are exposed, affect the propensity to remit and receive remittances.
Although this is the first time that costs have been compared across countries, the signs of the coefficients are consistent with results from previous microeconomic studies within countries.
To the best of our knowledge, this is the first microeconomic study that assesses the remitting behavior of Moroccan migrants using econometric analysis.
