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Global High-Resolution Estimates of the United Nations Human Development Index Using Satellite Imagery and Machine-learning

Sherman, Luke; Proctor, Jonathan; Druckenmiller, Hannah; … - National Bureau of Economic Research - 2023

The United Nations Human Development Index (HDI) is arguably the most widely used alternative to gross domestic product for measuring national development. This is in large part due to its multidimensional nature, as it incorporates not only income, but also education and health. However, the...

Persistent link: https://www.econbiz.de/10014247965

Globalization and Factor Income Taxation

Bachas, Pierre; Fisher-Post, Matthew H.; Jensen, Anders; … - National Bureau of Economic Research - 2022

How has globalization affected the relative taxation of labor and capital, and why? To address this question we build and analyze a new database of effective macroeconomic tax rates covering 150 countries since 1965, constructed by combining national accounts data with government revenue...

Persistent link: https://www.econbiz.de/10013172119

Evaluating Tax Harmonization

Hines, James R. - National Bureau of Economic Research - 2023

Tax harmonization entails a uniform rate that may not suit all governments. Harmonization can advance collective governmental objectives only if the standard deviation of tax rates is less than the average downward effect of tax competition on rates. Since an efficient harmonized tax rate undoes...

Persistent link: https://www.econbiz.de/10014437031

Friends with Benefits : Social Capital and Household Financial Behavior

Cannon, Brad; Hirshleifer, David; Thornton, Joshua - National Bureau of Economic Research - 2024

Using friendship data from Facebook, we study the effects of three aspects of social capital on household financial behavior. We find that the most important measure of social capital in explaining stock market and saving participation is Economic Connectedness, defined as the fraction of one's...

Persistent link: https://www.econbiz.de/10014512040

Inflation's Impact on American Households

Altig, David; Auerbach, Alan J.; Eidschun, Erin F.; … - National Bureau of Economic Research - 2024

The post-COVID price surge has reignited interest in inflation's impact on American households. Even if anticipated and with full market adjustments, inflation affects households through its interaction with the fiscal system, which is the focus of this paper. Inflation affects households...

Persistent link: https://www.econbiz.de/10014544760

Traumatic Financial Experiences and Persistent Changes in Financial Behavior : Evidence from the Freedman's Savings Bank

Arthi, Vellore; Richardson, Gary; Van Orden, Mark - National Bureau of Economic Research - 2024

The failure of the Freedman's Savings Bank (FSB), one of the only Black-serving banks in the early post-bellum South, was an economic catastrophe and one of the great episodes of racial exploitation in post-Emancipation history. It was also most Black Americans' first experience of banking. Can...

Persistent link: https://www.econbiz.de/10014576605

Charity : Have the Rates of US Households Contributing Money or Time Declined?

Smith, Vincent Kerry - National Bureau of Economic Research - 2024

This paper uses the responses to questions about charitable contributions from the Survey of Consumer Finances (SCF) between 1992 and 2022 to consider the rates of US households contributing money or time to charitable organizations. The fraction donating $500 or more remained relatively...

Persistent link: https://www.econbiz.de/10014576621

Upward Mobility in Developing Countries

Génicot, Garance; Ray, Debraj; Concha-Arriagada, Carolina - National Bureau of Economic Research - 2024

This article provides an overview of the literature on mobility in developing countries. Explicit distinctions are drawn between directional and non-directional measures, absolute and relative measures, and combinations thereof. We note that the scarcity of panel data has hindered the...

Persistent link: https://www.econbiz.de/10014528430

Unequal Uptake : Assessing Distributional Disparities in the Residential Solar Market

Dorsey, Jackson; Wolfson, Derek C. - National Bureau of Economic Research - 2024

We examine technology adoption and consumer welfare disparities across demographic groups using data from an online solar photovoltaic (PV) marketplace. Low-income households are 25% less likely to purchase solar through the platform and obtain 53% lower expected consumer surplus than...

Persistent link: https://www.econbiz.de/10015056139

Finance, inequality, and poverty : cross-country evidence

Beck, Thorsten - 2004

development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we … and poverty alleviation. We find that financial development reduces income inequality by disproportionately boosting the … poverty and income inequality. These results are robust to controlling for other country characteristics and potential reverse …

Persistent link: https://www.econbiz.de/10010522996