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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...
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作者:Strobl, Eric
作者单位:Institut Polytechnique de Paris; Ecole Polytechnique; University West Indies Mona Jamaica; University West Indies Saint Augustine
摘要:In this paper we investigate the macroeconomic impact of natural disasters in developing countries by examining hurricane strikes in the Central American and Caribbean regions. Our innovation in this regard is to employ a wind field model on hurricane track data to arrive at a more scientifically based index of potential local destruction. This index allows us to identify damages at a detailed geographical level, compare hurricanes' destructiveness, as well as identify the countries that are m...
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作者:Bonfiglioli, Alessandra
作者单位:Consejo Superior de Investigaciones Cientificas (CSIC); CSIC - Institut d'Analisi Economica (IAE)
摘要:This paper studies the relationship between investor protection and income inequality. In the presence of market frictions, better protection makes investors more willing to take on entrepreneurial risk when lending to firms, thereby improving the degree of risk sharing between financiers and entrepreneurs. On the other hand, by increasing risk sharing, investor protection also induces more risk taking. By increasing entrepreneurial risk taking, it raises income dispersion. By reducing the ris...
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作者:Kerekes, Monika
作者单位:Free University of Berlin
摘要:In this paper economic growth is interpreted as a sequence of transitions between distinct growth regimes that countries visit with different frequencies. Countries featuring similar growth dynamics are endogenously grouped into three different clusters. The first cluster comprises successful countries that are characterized by lengthy periods of high or very high growth. Moderately successful countries in the second cluster experience both periods of reasonable growth and periods of stagnatio...
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作者:Douglas, Stratford; Nishioka, Shuichiro
作者单位:West Virginia University
摘要:Understanding international differences in the emissions intensity of trade and production is essential to understanding the effects of greenhouse gas limitation policies. We develop data on emissions from 41 industrial sectors in 39 countries and estimate the CO2 emissions intensity of production and trade. We find no evidence that developing countries specialize in emissions-intensive sectors; instead, our evidence suggests that emissions intensities differ systematically across countries be...
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作者:Banerji, A.; Meenakshi, J. V.; Khanna, Gauri
作者单位:University of Delhi; Delhi School of Economics; World Health Organization
摘要:This paper uses primary data to analyze the institutions and informal markets that govern groundwater allocation in a sugarcane-cultivating village in North India. We find that, in contrast to earlier literature, the observed water trades result in efficient water allocation across farms. We interpret this and other stylized facts in terms of a social contract using a simple bargaining model with limited inter-player transfers. Poor functioning of the power sector leads to reduced pumping and ...