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作者：Aysun, Uluc; Honig, Adam
作者单位：University of Connecticut; Amherst College
摘要：Countries with intermediate levels of institutional quality suffer larger output contractions following sudden stops of capital inflows than less developed nations. However, countries with strong institutions seldom experience significant falls in output after capital flow reversals. We reconcile these two observations using a calibrated DSGE model that extends the financial accelerator framework developed in Bernanke. Gertler and Gilchrist (1999). The model captures financial market instituti...
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作者：Miguel, Edward; Roland, Gerard
作者单位：University of California System; University of California Berkeley; National Bureau of Economic Research
摘要：We investigate the impact of U.S. bombing on later economic development in Vietnam. The Vietnam War featured the most intense bombing campaign in military history and had massive humanitarian costs. We use a unique U.S. military dataset containing bombing intensity at the district level (N=584) to assess whether the war damage led to persistent local poverty traps. We compare the heavily bombed districts to other districts controlling for district demographic and geographic characteristics, an...
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作者：Labonne, Julien; Chase, Robert S.
作者单位：University of Oxford; The World Bank
摘要：We explore the social capital impacts of a community-driven development project in the Philippines in which communities competed for block grants for infrastructure investment. The analysis uses a unique panel data set of about 2100 households, aggregated at the village-level, collected in 66 treatment and 69 comparison communities. We provide both difference-in-differences and propensity score matching estimates. We find that the project increased participation in village assemblies and the f...
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作者：Guariglia, Alessandra; Liu, Xiaoxuan; Song, Lina
作者单位：Durham University; Chinese Academy of Social Sciences; University of Nottingham
摘要：Using a panel of 79,841 Chinese firms over the period 2000-2007, we examine the extent to which liquidity constraints affect firms' assets growth. We find that state owned enterprises are not affected, while the availability of internal finance represents a binding constraint for the growth of private firms, especially those operating in coastal regions, with negligible foreign ownership. Thanks to their high productivity, cash flow is, however, so abundant for these firms that they are able t...
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作者：Delavande, Adeline; Gine, Xavier; McKenzie, David
作者单位：The World Bank; RAND Corporation; Rand Health
摘要：The majority of economic decisions are forward-looking and thus involve expectations of future outcomes. Understanding the expectations that individuals have is thus of crucial importance to designing and evaluating policies in health, education, finance, migration, social protection, and many other areas. However, the majority of developing country surveys are static in nature and many do not elicit subjective expectations of individuals. Possible reasons given for not collecting this informa...
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作者：Fajnzylber, Pablo; Maloney, William F.; Montes-Rojas, Gabriel V.
作者单位：City St Georges, University of London; The World Bank
摘要：This paper exploits an extensive Brazilian micro-enterprise survey and the 1996 introduction of a business tax reduction and simplification scheme (SIMPLES) to examine three questions. First, do high tax rates and complex tax regulations really constitute a barrier to the formalization of micro-firms? Second, does formalization improve firm performance measured along several dimensions, including revenues, employment and capital stock? Third, what are the channels through which this occurs? We...
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作者：Silva, Peri
作者单位：University of North Dakota Grand Forks
摘要：This paper investigates the role played by domestic importers and foreign exporters in improving preferential access to the domestic market. To this end, the framework used in this paper extends the protection for sale analysis to explicitly model the role of domestic importers and foreign exporters in the determination of preferential trade treatment. The predictions of the model are tested using data on preferential trade between the United States and Latin American countries. The results su...
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作者：Antman, Francisca M.
作者单位：University of Colorado System; University of Colorado Boulder
摘要：This paper explores the short-run effects of a father's U.S. migration on his children's schooling and work outcomes in Mexico. To get around the endogeneity of paternal migration, I use individual fixed effects and instrumental variables estimation (FEIV) where the instrumental variables are based on U.S. city-level employment statistics in two industries popular with Mexican immigrants. Overall, the estimates suggest that in the short-run, children reduce study hours and increase work hours ...
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作者：Chin, Aimee; Prakash, Nishith
作者单位：University of Houston System; University of Houston; Cornell University
摘要：We examine the impact of political reservation for disadvantaged minority groups on poverty. To address the concern that political reservation is endogenous, we take advantage of the state-time variation in reservation in state legislative assemblies in India generated by national policies that cause reservations to be revised and the time lags with which revised reservations are implemented. Using data on sixteen major Indian states for the period 1960-2000, we find that increasing the share ...
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作者：Tarozzi, Alessandro
作者单位：Duke University
摘要：Methodologies now commonly used for the construction of poverty maps assume a substantial degree of homogeneity within geographical areas in the relationship between income and its predictors. However, local labor and rental markets and other local environmental differences are likely to generate heterogeneity in such relationships, at least to some extent. The purpose of this paper is to argue that useful if only indirect and suggestive evidence on the extent of area heterogeneity is readily ...
