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作者：Proto, Eugenio
作者单位：University of Warwick
摘要：Tenurial contracts in agriculture can be an initial source of wealth accumulation for dynasties of poor, credit-constrained individuals. The income from such contracts can be invested in education of offspring, who then can find work in the formal manufacturing sector. This process allows the economy to develop into a modem economy with a large manufacturing sector. An excessive number of poor individuals competing for scarce land, however, drives up the rental price of land, which then slows ...
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作者：Hunt, Jennifer
作者单位：McGill University
摘要：Using Peruvian data, I show that victims of misfortune, particularly crime victims, are much more likely than non-victims to bribe public officials. Misfortune increases victims' demand for public services, raising bribery indirectly, and also increases victims' propensity to bribe certain officials conditional on using them, possibly because victims are desperate, vulnerable, or demanding services particularly prone to corruption. The effect is strongest for bribery of the police, where the i...
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作者：Zhang, Junsen; Liu, Pak-Wai; Yung, Linda
作者单位：Chinese University of Hong Kong
摘要：This paper investigates the returns to schooling in China for the Cultural Revolution (CR) cohort and the non-CR cohort using a new set of Chinese twins data. Applying the fixed-effects model on twins data, which helps to control for the genetic and family background effects, this paper examines whether the CR cohort has smaller economic returns to schooling than the non-CR cohort. The empirical results in this paper indicate that the Cultural Revolution has not played a significantly adverse ...
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作者：van de Walle, Dominique; Mu, Ren
作者单位：The World Bank
摘要：While most economists assume that aid is fungible, most aid donors behave as if it is not. Recipient government responses to development project aid are studied in the context of a specific World Bank-financed project. We estimate the impact of a rural road rehabilitation project in Vietnam on the kilometers of roads actually rehabilitated and built. Using local-level survey data collected for this purpose, we test whether the evidence supports the standard economic argument that there will be...
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作者：Madajewicz, Malgosia; Pfaff, Alexander; van Geen, Alexander; Graziano, Joseph; Hussein, Iftikhar; Momotaj, Hasina; Sylvi, Roksana; Ahsan, Habibul
作者单位：Columbia University
摘要：We study how effectively information induces Bangladeshi households to avoid a health risk. The response to information is large and rapid; knowing that the household's well water has an unsafe concentration of arsenic raises the probability that the household changes to another well within one year by 0.37. Households who change wells increase the time spent obtaining water fifteen-fold. We identify a causal effect of information, since incidence of arsenic is uncorrelated with household char...
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作者：Ang, James B.; McKibbin, Warwick J.
作者单位：Australian National University; Monash University; Brookings Institution; Lowy Institute for International Policy
摘要：The objective of this paper is to examine whether financial development leads to economic growth or vice versa in the small open economy of Malaysia. Using time series data from 1960 to 2001, we conduct cointegration and causality tests to assess the finance-growth link by taking the real interest rate and financial repression into account. The empirical evidence suggests that financial liberalization, through removing the repressionist policies, has a favorable effect in stimulating financial...
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作者：Chowdhury, Prabal Roy
作者单位：Indian Statistical Institute; Indian Statistical Institute Delhi
摘要：This paper focuses on the dynamic aspects of group-lending, in particular sequential financing and contingent renewal. We examine the efficacy of these two schemes in harnessing social capital. We find that, for the appropriate parameter configurations, there is homogenous group-formation so that the lender can ascertain the identity of a group without lending to all its members, thus screening out bad borrowers partially. Moreover, under certain parameter configurations, negative assortative ...
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作者：Kulshreshtha, Praveen
作者单位：Indian Institute of Technology System (IIT System); Indian Institute of Technology (IIT) - Roorkee
摘要：Governments often allocate commodities at low prices and on a first-come-first-served basis (rationing by waiting), while bureaucrats who distribute the commodities usually take bribes. A model is developed to classify the efficiency implications of bribery, and socially optimal pricing schemes in rationing by waiting. If the rationed good and individual income spent on other goods ('other' income) are 'complements', then bribery may enhance allocative efficiency, and a 'dual pricing' scheme c...
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作者：Tenreyro, Silvana
作者单位：University of London; London School Economics & Political Science
摘要：What is the effect of nominal exchange rate variability on trade? I argue that the methods conventionally used to answer this perennial question are plagued by a variety of sources of systematic bias. I propose a novel approach that simultaneously addresses all of these biases, and present new estimates from a broad sample of countries from 1970 to 1997. The estimates indicate that nominal exchange rate variability has no significant impact on trade flows. (C) 2006 Elsevier B.V. All rights res...
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作者：de Walque, Damien
作者单位：The World Bank
摘要：The responsiveness to information is thought to be one channel through which education affects health outcomes. This paper tests this hypothesis by examining the effectiveness of an information campaign that aims at preventing the HIV/AIDS epidemic in Uganda. It uses individual level data from a cohort study following and testing the general population of a cluster of villages in rural Uganda over 12 years and shows that, after more than a decade of prevention campaigns about the dangers of th...
