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Athanasoulis, Stefano; Shiller, Robert J.; Van Wincoop, Eric - Yale University <New Haven, Conn.> / Department of Economics; … - 1999

[...]We address several questions in this paper. First,how could macro markets be useful to the average person?Second, how large are the potential benefits from diversificationif these markets were to be introduced andused optimally? Third, can existing financial marketsachieve a similar degree...

Persistent link: https://www.econbiz.de/10005870065

Measuring the Value of Better Schools

Black, Sandra E. - Federal Reserve Bank <New York, NY>; London School of … - 1998

[...]In this paper, I examine two methods of measuringthe value of better schools. One involves following individualsover time to determine how the quality of theirschooling affects outcomes later in their lives; the otherinvolves calculating parental valuation of better schoolstoday. I review...

Persistent link: https://www.econbiz.de/10005870215

CONVERGENCE CLUB EMPIRICS: SOME DYNAMICS AND EXPLANATIONS OF UNEQUAL GROWTH ACROSS INDIAN STATES

Bandyopadhyay, Sanghamitra - London School of Economics and Political Science - 2003

This paper documents the convergence of incomes across Indian states over theperiod 1965 to 1998. It departs from traditional analyses of convergence by trackingthe evolution of the entire income distribution, instead of standard regression and timeseries analyses. The findings reveal twin-peaks...

Persistent link: https://www.econbiz.de/10005871031

A FRAMEWORK FOR HOUSINGIN THE LONDON THAMES GATEWAY

Power, Anne T.; Richardson, Liz; Seshimo, Kelly; Firth, … - London School of Economics and Political Science - 2004

Our report sets out a framework for delivering new and renovatedhousing in an integrated and sustainable way. Volume one presentsour framework; volume two explores the six elements of theframework in more detail; and volume three brings togethersupporting documentation gathered during the...

Persistent link: https://www.econbiz.de/10008766019

LEIPZIG City Report

Plöger, Jörg - London School of Economics and Political Science - 2007

Europe is a continent of cities with a remarkable history of cultural inspiration, wealth creation, social and politicaldynamism. But in the late-20th century, many former industrial cities entered a period of steep decline, losingmost of their manufacturing jobs and many of their economic...

Persistent link: https://www.econbiz.de/10008836923

Contract Structure, Risk Sharing, and Investment Choice

Fischer, Greg - London School of Economics and Political Science - 2010

explore this possibility, I develop a theory that unies modelsof investment choice, informal risk sharing, and formal …

Persistent link: https://www.econbiz.de/10008845708

Investment Choice and Inflation Uncertainty

Fischer, Greg - London School of Economics and Political Science - 2009

uncertainty and investment;ultimately this relationship is theoretically ambiguous. Using loan-level panel data from microfi … largedistortions to the investment decisions of poor entrepreneurs.[...] …

Persistent link: https://www.econbiz.de/10008860680

Subcontractors for Tractors: Theory and Evidence on FlexibleSpecialization, Supplier Selection, and Contracting

Andrabi, Tahir; Ghatak, Maitreesh; Khwaja, Asim Ijaz - Pomona College <Claremont, Calif.>; London School of …; … - 2005

Buyer-Seller networks are pervasive in developing economies yet remain relatively under-studied. Using primary data on contracts between the largest tractor assembler in Pakistanand its suppliers we find large variations in prices and quantities across suppliers of the sameproduct....

Persistent link: https://www.econbiz.de/10008911465

Eviction threats and investment incentives

Banerjee, Abhijit V.; Ghatak, Maitreesh - London School of Economics and Political Science - 2003

We show that the effect of eviction threats on unobservable investment effort can be positive. Wedemonstrate this … apparently counter-intuitive result in a model of tenancy where investment by atenant in the current period raises the chances of … attractive forhim to elicit investment effort. However, there is a direct negative effect of eviction threats on thetenant …

Persistent link: https://www.econbiz.de/10008911471

An Empirical Investigation of the Dynamics of Qualitative Decisions of Firms

Corres, Stelios; Hajivassiliou, Vassilis; Ioannides, … - London School of Economics and Political Science - 2006

This paper focuses on qualitative aspects of financing, investment and output decisions offirms. Such dimensions can be … stochastic programmingproblem of investment, dividend and financing decisions for a typical firm.We apply techniques involving …

Persistent link: https://www.econbiz.de/10008911512