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作者：Deb, Rahul; Sun, Tavneet
作者单位：University of Toronto; Massachusetts Institute of Technology (MIT)
摘要：Access to credit is important for the productivity and overall welfare of farmers in developing countries. We present a theoretical framework which shows that a change in the mode of shipping (from air to sea) in the Ghanaian pineapple industry made it profitable for pineapple exporters to provide myopic farmers with both in-kind loans (to improve productivity) and cash loans (for consumption smoothing) despite being unable to monitor farmers or enforce repayment. The innovative theoretical re...
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作者：Binzel, Christine; Fehr, Dietmar
作者单位：Ruprecht Karls University Heidelberg
摘要：While strong social ties help individuals cope with missing institutions, trade is essentially limited to those who are part of the social network. We examine what makes the decision to trust a stranger different from the decision to trust a member of a given social network (a friend), by comparing the determinants of these two decisions for the same individual. We implement a binary trust game with hidden action in a lab-in-the-field experiment with residents of an informal housing area in Ca...
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作者：Debaere, Peter; Lee, Hongshik; Lee, Joonhyung
作者单位：University of Virginia; Korea University; University of Memphis
摘要：We study the significant variation in intrafirm versus arm's-length trade with micro data. Exploiting the fact that Korean is an uncommon second language and that Korean culture is relatively homogenous, we show how intrafirrn sourcing by South Korean affiliates abroad increases with their share of South Korean employees. This positive association is pervasive and nontrivial. Parsing the data more carefully, we find that South Korean employees are primarily high skilled, and that their presenc...
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作者：Mizala, Alejandra; Urquiola, Miguel
作者单位：Universidad de Chile; Columbia University; National Bureau of Economic Research
摘要：The impact of competition on school performance is likely to depend on whether parents are informed about schools' effectiveness or value added (which may or may not be correlated with absolute measures of their quality), and on whether this information influences their school choices, thereby affecting schools' market outcomes. This paper explores this by considering Chile's SNED program, which seeks to identify effective schools, selecting them from homogeneous groups of comparable instituti...
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作者：Knack, Stephen
作者单位：The World Bank
摘要：The 2005 Paris Declaration on Aid Effectiveness sets targets for increased use by donors of recipient country systems for managing aid. The target is premised on a view that country systems are strengthened when donors trust recipients to manage aid funds, but undermined when donors manage aid through their own separate parallel systems. This study provides an analytical framework for understanding donors' decisions to trust or bypass country systems. Empirical tests are conducted using data f...
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作者：Schroeder, Marcel
作者单位：Australian National University
摘要：The Washington Consensus emphasizes the economic costs of real exchange rate distortions. However, a sizable recent empirical literature finds that undervalued real exchange rates help countries to achieve faster economic growth. This paper shows that recent findings are driven by inappropriate homogeneity assumptions on cross-country long-run real exchange rate behavior and/or growth regression misspecification. When these problems are redressed, the empirical results for a sample of 63 devel...
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作者：Farre, Lidia; Fasani, Francesco
作者单位：Consejo Superior de Investigaciones Cientificas (CSIC); CSIC - Institut d'Analisi Economica (IAE); Barcelona School of Economics
摘要：This paper investigates the impact of television on internal migration in Indonesia. We exploit the differential introduction of private television throughout the country and the variation in signal reception due to topography to estimate the causal effect of media exposure. Our estimates reveal important long and short run effects. An increase of one standard deviation in the number of private TV channels received in the area of residence as an adolescent reduces future inter-provincial migra...
