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作者：Rud, Juan Pablo
作者单位：University of London
摘要：I investigate the effect of electricity provision on industrialization using a panel of Indian states for 1965-1984. To address the endogeneity of investment in electrification,! use the introduction of a new agricultural technology intensive in irrigation (the Green Revolution) as a natural experiment. As electric pumpsets are used to provide farmers with cheap irrigation water, I use the uneven availability of groundwater at the start of the Green Revolution to predict divergence in the expa...
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作者：Bas, Maria
摘要：Trade openness contributes to the diffusion of the modern technologies embodied in imported intermediate goods, which play a central role in the economic growth of developing countries. This paper investigates the micro-economic effects of input-trade liberalization. Previous work has found positive effects of access to foreign inputs on firm performance. If the availability of imported intermediate goods yields firm productivity gains, we would also expect a positive effect of input-trade lib...
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作者：Delis, Manthos D.
作者单位：City St Georges, University of London
摘要：In this paper, I estimate the degree of market power at the bank-level for 84 banking systems worldwide. Subsequently, I analyze the sources of bank competition, placing emphasis on the impact of financial reform and the quality of institutions. I find that financial liberalization policies reduce the market power of banks in developed countries with advanced institutions. In contrast, banking competition does not improve at the same pace in countries with weaker institutions and a lower level...
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作者：Demmou, Lilas
作者单位：Universite Paris-VIII
摘要：The paper proposes a theoretical model investigating the welfare consequences of technological shocks in a Ricardian framework (a la Dornbush, Fisher and Samuelson, 1977). Contrary to the existing literature, the model incorporates a nonhomothetic demand function whose price and income elasticities are endogenously determined by technology. Nonhomothetic preferences are modeled as the result of the hierarchical consumption of luxury and necessity goods. The nature of technical progress determi...
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作者：Jung, Juergen; Tran, Chung
作者单位：Australian National University; University System of Maryland; Towson University
摘要：We study the dynamic general equilibrium effects of introducing a social pension program to elderly informal sector workers in developing countries who lack formal risk sharing mechanisms against income and longevity risks. To this end, we formulate a stochastic dynamic general equilibrium model that incorporates defining features of developing countries: a large informal sector, private transfers as an informal safety net, and a non-universal social security system. We find that the extension...
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作者：Baird, Sarah; Oezler, Berk
作者单位：The World Bank; George Washington University
摘要：Many studies evaluate the impacts of Conditional Cash Transfer (CCT) programs on schooling using self-reports on enrollment and attendance even though there are reasons to doubt the reliability of these data. In this paper, we examine the extent to which school-age girls overstate their school participation. Using administrative data from a cash transfer experiment in Malawi and school attendance ledgers collected as part of the impact evaluation, we find that while all study participants over...
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作者：Islam, Asadul; Maitra, Pushkar
作者单位：Monash University; Monash University
摘要：This paper estimates, using a large panel data set from rural Bangladesh, the effects of health shocks on household consumption and how access to microcredit affects households' response to such shocks. Households appear to be fairly well insured against health shocks. Our results suggest that households sell livestock in response to health shocks and short term insurance is therefore attained at a significant long term cost. However microcredit has a significant mitigating effect. Households ...
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作者：Ban, Radu; Jha, Saumitra; Rao, Vijayendra
作者单位：The World Bank; Stanford University
摘要：The role of deliberation among citizens to determine and forge agreement on policy is often seen as a crucial feature of democratic government. This paper provides the first large-N empirical evidence on the credibility of voice in a deliberative democracy in an non-laboratory setting, using a unique dataset collected from transcripts of deliberation that occurred between January and September 2003 in 127 functioning village parliaments (gram sabhas) in Southern India. We exploit a natural exp...
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作者：Ozbilgin, H. Murat
作者单位：Prime Ministry Turkey
摘要：Currency substitution affects the mapping between social welfare and inflation by altering the underlying money demand function and influencing interest rates. In order to explore the essence of this effect, I build a model with working capital under which foreign currency is substituted with the less liquid components of domestic money. The framework closely mimics the actual pattern of currency substitution across varying rates of inflation and enables the study of an additional channel that...
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作者：Batista, Catia; Lacuesta, Aitor; Vicente, Pedro C.
作者单位：Trinity College Dublin; IZA Institute Labor Economics; Banco de Espana; University of Oxford
摘要：Does emigration really drain human capital accumulation in origin countries? This paper explores a unique household survey designed and conducted to answer this research question. We analyze the case of Cape Verde, a country with allegedly the highest 'brain drain' in Africa, despite a marked record of income and human capital growth in recent decades. We propose the first explicit test of 'brain drain' arguments, according to which the prospects of own future migration can positively impact e...
