Similar Search Results

Household-Level Consumption in Urban Ethiopia: The Impact of Food Price Inflation and Idiosyncratic Shocks

Alem, Yonas; Soderbom, Mans - Department of Economics, Oxford University - 2010

idiosyncratic shocks. Qualitative data indicate that the high food price inflation was by far the most adverse economic shock … analysis of idiosyncratic shocks indicates that losing one's job is a serious, uninsurable shock. We interpret the results as … imply that aid programs responding to food price shocks can be made more efficient by targeting low-asset households with …

Persistent link: https://www.econbiz.de/10011004340

Vulnerability, Shocks and Persistence of Poverty - Estimates for Semi-Arid Rural South India

Imai, Katsushi; Gaiha, Raghav - Department of Economics, Oxford University - 2002

concern is the possibilty of some sections experiencing long spells of poverty as a consequence of such shocks. The analysis … specifications that take into account direct effects of crop shocks as well as their indirect effects through asset adjustment, an … of anti-poverty strategy is necessary to avoid welfare losses from negative crop shocks that are frequent and …

Persistent link: https://www.econbiz.de/10005047772

Relational Incentive Contracts with Private Information

Malcomson, James - Department of Economics, Oxford University - 2012

This paper extends the relational contract model in Levin (2003) with shocks to theagentâ€™s cost of effort (agentâ …€™s type) to shocks to the principalâ€™s valuation of the agentâ€™seffort (principalâ€™s type). When optimal effort is fully …

Persistent link: https://www.econbiz.de/10011133036

Natural resources, export structure and investment

Bond, Steve; Bond, Stephen R.; Malik, Adeel - Department of Economics, Oxford University - 2008

We present cross-country empirical evidence on the role of natural resources in explaining long-run differences in private investment as a share of GDP in a sample of 72 developing countries. Our empirical results suggest important differences between oil and non-oil resources. While revenue...

Persistent link: https://www.econbiz.de/10011004388

A Dissection of Trading Capital: Cultural persistence of trade in the aftermath of the fall of the Iron Curtain

Rauch, Ferdinand; Beestermoller, Matthias - Department of Economics, Oxford University - 2014

We show that the countries of the former Austro-Hungarian monarchy trade significantly more with one another in the aftermath of the collapse of the Iron Curtain than predicted by a standard gravity model. This trade surplus declines linearly and monotonically over time. We argue that these...

Persistent link: https://www.econbiz.de/10011004412

Together at Last: Trade Costs, Demand Structure, and Welfare

Neary, Peter; Mrazova, Monika - Department of Economics, Oxford University - 2014

We show that relaxing the assumption of CES preferences in monopolistic competition has surprising implications when trade is restricted. Integrated and segmented markets behave differently, the latter typically exhibiting reciprocal dumping. Globalization and lower trade costs have...

Persistent link: https://www.econbiz.de/10011004417

Intra-National Protectionism in China: Evidence from the Public Disclosure of 'Illegal' Drug Advertising

Eberhardt, Markus; Wang, Zheng; Yu, Zhihong - Department of Economics, Oxford University - 2013

This paper provides micro-level evidence that drug advertising regulations and inspections in China are used by local governments to discriminate against firms from outside the province. Furthermore, the degree of discrimination varies across firms in that drug manufacturers which have closer...

Persistent link: https://www.econbiz.de/10011004477

Not so demanding: Preference structure, firm behavior, and welfare

Neary, Peter; Mrazova, Monika - Department of Economics, Oxford University - 2013

exogenous shocks; characterize the efficiency of a monopolistically competitive equilibrium; and present a quantitative … framework for predicting the welfare effects of exogenous shocks. …

Persistent link: https://www.econbiz.de/10011004484

Domestic Trade and Market Size in Late Eighteenth-Century France

Daudin, Guillaume - Department of Economics, Oxford University - 2008

Market size is claimed by various economic traditions to be an important factor in explaining the transition to modern economic growth. This paper examines whether differences in market size might explain the retardation of the Industrial Revolution in France. It uses an exceptional source...

Persistent link: https://www.econbiz.de/10011277848

Selection Effects with Heterogeneous Firms

Neary, Peter; Mrazova, Monika - Department of Economics, Oxford University - 2011

We provide a general characterization of which firms will select alternative ways of serving a market. If and only if firms' maximum profits are supermodular in production and market-access costs, more efficient firms will select into the activity with lower market-access costs. Our result...

Persistent link: https://www.econbiz.de/10009393850