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Mitigating long-run health effects of drought: Evidence from South Africa

Dinkelman, Taryn - C.E.P.R. Discussion Papers - 2014

Drought is Africa’s primary natural disaster and a pervasive source of income risk for poor households. This paper … documents the long-run health effects of early life exposure to drought and investigates an important source of heterogeneity in … these effects. Combining birth cohort variation in South African Census data with cross-sectional and temporal drought …

Persistent link: https://www.econbiz.de/10011083817

Distributive Politics and Economic Growth

Alesina, Alberto F; Rodrik, Dani - C.E.P.R. Discussion Papers - 1991

This paper studies the relationship between political conflict and economic growth in a simple model of endogenous growth with distributive conflicts. We study both the case of two `classes' (workers and capitalists) and the case of a continuum distribution of agents, characterized by their...

Persistent link: https://www.econbiz.de/10005281292

Reprisals Remembered: German-Greek Conflict and Car Sales during the Euro Crisis

Fouka, Vasiliki; Voth, Hans-Joachim - C.E.P.R. Discussion Papers - 2013

During the Greek debt crisis after 2010, the German government insisted on harsh austerity measures. This led to a rapid cooling of relations between the Greek and German governments. We compile a new index of public acrimony between Germany and Greece based on newspaper reports and internet...

Persistent link: https://www.econbiz.de/10011083633

Live aid revisited: long-term impacts of the 1984 Ethiopian famine on children

Dercon, Stefan; Porter, Catherine - C.E.P.R. Discussion Papers - 2012

In 1984, the world was shocked at the scale of a famine in Ethiopia that caused over half a million deaths, making it …-22 years who experienced this severe shock as infants during the crisis. An innovative feature of the analysis is that famine … siblings, and compared with an IV cross-section, using rainfall as an instrument for the shock. We find that by adulthood …

Persistent link: https://www.econbiz.de/10011084497

Reassessing the Standard of Living in the Soviet Union: An Analysis Using Archival and Anthropometric Data

Brainerd, Elizabeth - C.E.P.R. Discussion Papers - 2006

Both Western and Soviet estimates of GNP growth in the USSR indicate that GNP per capita grew in every decade - sometimes rapidly - from 1928 to 1985. While this measure suggests that the standard of living improved in the USSR throughout this period, it is unclear whether this economic growth...

Persistent link: https://www.econbiz.de/10005666434

Consumption of cotton cloth in India, 1795-1940

Roy, Tirthankar - C.E.P.R. Discussion Papers - 2011

Using data on the production and usage of cotton, the paper develops estimates for the production and consumption of cotton cloth in India during 1795-1940, and based on these numbers, revisits three issues central to interpretations of economic change in colonial India. These are: (a) trends in...

Persistent link: https://www.econbiz.de/10009371467

Pitfalls in Estimating Asymmetric Effects of Energy Price Shocks

Kilian, Lutz; Vigfusson, Robert J. - C.E.P.R. Discussion Papers - 2009

A common view in the literature is that the effect of energy price shocks on macroeconomic aggregates is asymmetric in energy price increases and decreases. We show that widely used asymmetric vector autoregressive models of the transmission of energy price shocks are misspecified, resulting in...

Persistent link: https://www.econbiz.de/10005000442

Understanding Exchange Rate Volatility Without the Contrivance of Macroeconomics

Flood, Robert P; Rose, Andrew K - C.E.P.R. Discussion Papers - 1998

Exchange rate regimes differ primarily by the activity of the exchange rate, not observable macroeconomic ‘fundamentals’. Fixed exchange rates are typically stable and floating exchange rates are volatile, but macro phenomena are regime-independent. Fundamentals only seem to be relevant for...

Persistent link: https://www.econbiz.de/10005788957

Lending Booms: Latin America and the World

Gourinchas, Pierre-Olivier; Landerretche, Oscar; … - C.E.P.R. Discussion Papers - 2001

Recent theories on the origins of crises put lending booms at the root of financial collapses. Yet lending booms may be a natural consequence of economic development and fluctuations. So, are lending booms dangerous? In this Paper, we investigate this question empirically using a broad sample of...

Persistent link: https://www.econbiz.de/10005136756

Public investment: a remedy or a curse? Examining the Role of Public Investment for Macroeconomic Performance

Ismihan, Mustafa; Ozkan, F Gulcin - C.E.P.R. Discussion Papers - 2007

This paper explores the implications of public investment for macroeconomic performance within a simple two-period policymaking model. We show that under the balanced-budget rule, the contribution of public investment to future output plays a key role in determining its effects on macroeconomic...

Persistent link: https://www.econbiz.de/10005791555