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Privatization and nationalization cycles

Chang, Roberto - 2009

"This paper studies the cycles of nationalization and privatization in resource-rich economies. We discuss available … evidence on the drivers and consequences of privatization and nationalization, review the existing literature, and present … of the observed cycles of privatization and nationalization, and is consistent with a variety of observed phenomena …

Persistent link: https://www.econbiz.de/10011394323

Finance, inequality, and poverty : cross-country evidence

Beck, Thorsten - 2004

"While substantial research finds that financial development boosts overall economic growth, we study whether financial development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we distinguish among competing theoretical predictions...

Persistent link: https://www.econbiz.de/10010522996

Estimating Flexible Income Processes from Subjective Expectations Data : Evidence from India and Colombia

Arellano, Manuel; Attanasio, Orazio P.; Crossman, Sam; … - National Bureau of Economic Research - 2024

We develop a methodology for modeling household income processes when subjective probabilistic assessments of future income are available. This allows us to flexibly estimate conditional cdfs directly using elicited individual subjective probabilities, and to obtain empirical measurements of...

Persistent link: https://www.econbiz.de/10015072864

A North-South Model of Structural Change and Growth

Aristizábal-Ramirez, Maria; Leahy, John Vincent; … - National Bureau of Economic Research - 2022

This paper is motivated by a set of cross-country observations on growth, structural transformation, and investment rates in a large sample of countries. We observe a hump-shaped relationship between a country's investment rate and its level of development, both within countries over time and...

Persistent link: https://www.econbiz.de/10013435146

Is the Electricity Sector a Weak Link in Development?

Colmer, Jonathan; Lagakos, David; Shu, Martin - National Bureau of Economic Research - 2024

This paper asks whether increasing productivity in the electricity sector can yield larger long-run GDP gains than suggested by electricity's small share of aggregate economic activity. We answer this question using a dynamic multi-sector model in which electricity is a strong complement to...

Persistent link: https://www.econbiz.de/10014468241