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Solving Heterogeneous-Agent Models with Parameterized Cross-Sectional Distributions

Algan, Yann; Allais, Olivier; Den Haan, Wouter - C.E.P.R. Discussion Papers - 2007

disadvantages of the prevailing algorithm that strongly relies on simulation techniques and is easier to implement than existing … possible to avoid Monte Carlo integration. The paper also develops a new simulation procedure that not only avoids cross … finite number of agents. This procedure can help to improve the efficiency of the most popular algorithm in which simulation …

Persistent link: https://www.econbiz.de/10005114163

Child Care Provision: Semiparametric Evidence from a Randomized Experiment in Mexico.

Dubois, Pierre; Rubio-Codina, Marta - C.E.P.R. Discussion Papers - 2009

We semiparametrically estimate the impact of the Mexican conditional cash transfer program Oportunidades on the time mothers and older sisters spend taking care of children aged under 3, using the randomization of the program placement and the methodology in Lewbel (2000). Results support the...

Persistent link: https://www.econbiz.de/10005067627

Mortality Risks, Education and Child Labour

Baland, Jean-Marie; Estevan, Fernanda - C.E.P.R. Discussion Papers - 2006

In this paper, we investigate the role of young adult mortality on child labour and educational decisions. We argue that mortality risks are a major source of risks in returns to education in developing countries. We show that, in the absence of appropriate insurance mechanisms, the level of...

Persistent link: https://www.econbiz.de/10005498071

Improving Human Development: A Long-run View

Prados de la Escosura, Leandro - C.E.P.R. Discussion Papers - 2010

The pessimistic flavour of the Human Development Reports appears to be in contradiction with their own numbers as developing countries fare comparatively better in human development than in per capita GDP terms. This paper attempts to bridge this gap by providing a new, ‘improved’ human...

Persistent link: https://www.econbiz.de/10008607506

English as a global language

Melitz, Jacques - C.E.P.R. Discussion Papers - 2014

How far has English already spread? How much further can we expect it to go? In response to the first question, this chapter tries to identify the areas of life where English already serves as a lingua franca in the world (more or less) and those where the language faces sharp competition and...

Persistent link: https://www.econbiz.de/10011084005

World Human Development: 1870-2007

Prados de la Escosura, Leandro - C.E.P.R. Discussion Papers - 2013

How has wellbeing evolved over time and across regions? How does the West compare to the Rest? What explains their differences? These questions are addressed using an historical index of human development. A sustained improvement in wellbeing has taken place since 1870. The absolute gap between...

Persistent link: https://www.econbiz.de/10011084034

Immigration and the School System

Albornoz-Crespo, Facundo; Cabrales, Antonio; Hauk, Esther - C.E.P.R. Discussion Papers - 2011

Immigration is an important problem in many societies, and it has wide-ranging eects on the educational systems of host countries. There is a now a large empirical literature, but very little theoretical work on this topic. We introduce a model of family immigration in a framework where school...

Persistent link: https://www.econbiz.de/10009365649

Incentives, resources and the organization of the school system

Albornoz-Crespo, Facundo; Berlinski, Samuel; Cabrales, … - C.E.P.R. Discussion Papers - 2010

We study a model where student eort and talent interact with parental and teachers' investments, as well as with school system resources. The model is rich, yet sufficiently stylized to provide novel implications. We can show, for example, that an improvement in parental outside options will...

Persistent link: https://www.econbiz.de/10008466350

Location and Education in South African Cities Under and After Apartheid

Selod, Harris; Zenou, Yves - C.E.P.R. Discussion Papers - 2000

We model a South African city during Apartheid (in which both schooling and mobility are restricted on the basis of race) and after Apartheid (in which no restrictions are imposed). We first show that the inequality between blacks and whites decreases when Apartheid laws are removed. Indeed,...

Persistent link: https://www.econbiz.de/10005666413

Ethnic Networks and International Trade

Epstein, Gil S; Gang, Ira - C.E.P.R. Discussion Papers - 2004

There is a well-established high quality literature on the role of networks, particularly ethnic networks, in international trade. Ethnic networks are a way of overcoming informal barriers (information costs, risk and uncertainty) to trade by building trust and substituting for the difficulty of...

Persistent link: https://www.econbiz.de/10005666430

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