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di Giovanni, Julian; Levchenko, Andrei A.; Ortega, Francesc - C.E.P.R. Discussion Papers - 2014

flows -- such as Jamaica or El Salvador -- are also better off due to migration, but for a different reason: remittances …This paper evaluates the global welfare impact of observed levels of migration using a quantitative multi-sector model … difference, international trade, remittances, and a heterogeneous workforce. We compare welfare under the observed levels of …

Persistent link: https://www.econbiz.de/10011083627

Finance and Poverty: Evidence from India

Ayyagari, Meghana; Beck, Thorsten; Hoseini, Mohammad - C.E.P.R. Discussion Papers - 2013

among self-employed in the rural areas, while at the same time it supported an inter-state migration trend from rural areas … inducing geographic-sectoral migration. …

Persistent link: https://www.econbiz.de/10011083926

Giving Credit Where it is Due

Banerjee, Abhijit; Duflo, Esther - C.E.P.R. Discussion Papers - 2010

This paper shows how the productive interplay of theory and experimental work has furthered our understanding of credit markets in developing countries. Descriptive facts motivated a body of theory, which in turned motivated experiments designed to test it. Results from these experiments reveal...

Persistent link: https://www.econbiz.de/10008468614

The de Soto Effect

Besley, Timothy J.; Ghatak, Maitreesh - C.E.P.R. Discussion Papers - 2009

This paper explores the consequences of creating and improving property rights so that fixed assets can be used as collateral. This has become a cause célèbre of Hernando de Soto whose views are influential in debates about policy reform concerning property rights. Hence, we refer to the...

Persistent link: https://www.econbiz.de/10005656127

Agricultural Decisions after Relaxing Credit and Risk Constraints

Karlan, Dean S.; Osei, Robert; Osei-Akoto, Isaac; Udry, … - C.E.P.R. Discussion Papers - 2012

The investment decisions of small-scale farmers in developing countries are conditioned by their financial environment. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We conducted several experiments in northern Ghana in...

Persistent link: https://www.econbiz.de/10011083318

Self-Selection into Credit Markets: Evidence from Agriculture in Mali

Beaman, Lori; Karlan, Dean S.; Thuysbaert, Bram; Udry, … - C.E.P.R. Discussion Papers - 2014

We partnered with a micro-lender in Mali to randomize credit offers at the village level. Then, in no-loan control villages, we gave cash grants to randomly selected households. These grants led to higher agricultural investments and profits, thus showing that liquidity constraints bind with...

Persistent link: https://www.econbiz.de/10011083397

Remittances and the Brain Drain

Faini, Riccardo - C.E.P.R. Discussion Papers - 2006

somewhat controversial. The most recent literature has focused on the link between skilled out-migration and educational … home thanks to a relatively larger flow of remittances. Skilled migrants typically earn relatively more and, ceteris … flow of remittances from skilled migrants. Hence, the sign of the impact of the brain drain on total remittances is an …

Persistent link: https://www.econbiz.de/10005114298

The Economic Lives of the Poor

Banerjee, Abhijit; Duflo, Esther - C.E.P.R. Discussion Papers - 2006

This paper uses survey data from 13 countries to document the economic lives of the poor (those living on less than $2 dollar per day per capita at purchasing power parity) or the extremely poor (those living on less than $1 dollar per day). We describe their patterns of consumption and income...

Persistent link: https://www.econbiz.de/10005497941

Trade and the Skill Premium Puzzle with Capital Market Imperfections

Bonfatti, Roberto; Ghatak, Maitreesh - C.E.P.R. Discussion Papers - 2011

An interesting puzzle is that trade liberalization in the 1980s and 1990s has been associated with a sharp increase in the skill premium in both developed and developing countries. This is in contrast with neoclassical theory, according to which trade should increase the relative return of the...

Persistent link: https://www.econbiz.de/10008865971

The Role of Rents to Human Capital in Economic Development

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1994

In an overlapping generations model, rents to human capital play a key role in increasing savings. In the absence of such rents, the return to human capital is entirely appropriated by the old and accumulation is entirely determined by the income to fixed factors. If rents are introduced by...

Persistent link: https://www.econbiz.de/10005662008

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