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Two to Tangle: Financial Development, Political Instability and Economic Growth in Argentina (1896–2000)
Campos, Nauro F.; Karanasos, Menelaos G.; Tan, Bin - Institute for the Study of Labor (IZA) - 2008
This paper investigates the effects of financial development and political instability on economic growth in a power-ARCH framework with data for Argentina from 1896 to 2000. Our findings suggest that (i) informal or unanticipated political instability (e.g., guerrilla warfare) has a direct...
Persistent link: https://www.econbiz.de/10005703824
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From Riches to Rags, and Back? Institutional Change, Financial Development and Economic Growth in Argentina since the 1890s
Campos, Nauro F; Karanasos, Menelaos G.; Tan, Bin - Institute for the Study of Labor (IZA) - 2014
Argentina is the only country in the world that was "developed" in 1900 and "developing" in 2000. The various competing explanations highlight, mainly, the roles of trade openness, political institutions, financial integration, financial development, and macroeconomic instability. Yet no study...
Persistent link: https://www.econbiz.de/10011095511
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Growth, Volatility and Political Instability: Non-Linear Time-Series Evidence for Argentina, 1896-2000
Campos, Nauro F.; Karanasos, Menelaos - Institute for the Study of Labor (IZA) - 2007
What is the relationship between economic growth and its volatility? Does political instability affect growth directly or indirectly, through volatility? This paper tries to answer such questions using a power-ARCH framework with annual time series data for Argentina from 1896 to 2000. We show...
Persistent link: https://www.econbiz.de/10005761766
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Education System Reform in Pakistan: Why, When, and How?
Aziz, Mehnaz; Bloom, David E.; Humair, Salal; Jimenez, … - Institute for the Study of Labor (IZA) - 2014
Pakistan's education system faces long-standing problems in access, quality, and equal opportunity at every level … elusive. The inability of successive governments to reform the system has created severe constraints for Pakistan's economic … education. We discuss in this paper the imperative for education system reform in Pakistan, and articulate why a window of …
Persistent link: https://www.econbiz.de/10010884381
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The Agricultural Origins of Time Preference
Galor, Oded; Özak, Ömer - Institute for the Study of Labor (IZA) - 2014
This research explores the origins of the distribution of time preference across regions. It advances the hypothesis and establishes empirically, that geographical variations in natural land productivity and their impact on the return to agricultural investment have had a persistent effect on...
Persistent link: https://www.econbiz.de/10010959583
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Political Instability and Labor Market Institutions
Lucifora, Claudio; Moriconi, Simone - Institute for the Study of Labor (IZA) - 2012
This paper investigates the relationship between political instability and labor market institutions. We develop a theoretical model in which some features of the political process, by reducing the future yields of policy interventions, induce an incumbent government to choose labor market...
Persistent link: https://www.econbiz.de/10010541269
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International Terrorism, Political Instability and the Escalation Effect
Campos, Nauro F.; Gassebner, Martin - Institute for the Study of Labor (IZA) - 2009
What are the main causes of international terrorism? The lessons from the surge of academic research that followed 9/11 remain elusive. The careful investigation of the relative roles of economic and political conditions did little to change the fact that existing econometric estimates diverge...
Persistent link: https://www.econbiz.de/10005700916
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Does Cash for School Influence Young Women's Behavior in the Longer Term? Evidence from Pakistan
Alam, Andaleeb; Baez, Javier E.; Del Carpio, Ximena - Institute for the Study of Labor (IZA) - 2011
The Punjab Female School Stipend Program, a female-targeted conditional cash transfer program in Pakistan, was …
Persistent link: https://www.econbiz.de/10009021898
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Can Microinsurance Help Prevent Child Labor? An Impact Evaluation from Pakistan
Landmann, Andreas; Frölich, Markus - Institute for the Study of Labor (IZA) - 2013
Child labor is a common consequence of economic shocks in developing countries. We show how reducing vulnerability can affect child labor and schooling. We exploit the extension of a health and accident insurance scheme by a Pakistani microfinance institution (MFI) that was set up as a...
Persistent link: https://www.econbiz.de/10011123402
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Learning to Take Risks? The Effect of Education on Risk-Taking in Financial Markets
Black, Sandra E.; Devereux, Paul J.; Lundborg, Petter; … - Institute for the Study of Labor (IZA) - 2015
We investigate whether acquiring more education when young has long-term effects on risk-taking behavior in financial markets and whether the effects spill over to spouses and children. There is substantial evidence that more educated people are more likely to invest in the stock market....
Persistent link: https://www.econbiz.de/10011206862