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"The authors examine the price linkages among polyester (the dominant chemical fiber), cotton (the dominant natural … commodities. b) Crude oil prices have a stronger effect on polyester prices compared with cotton prices. c) Price shocks …
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"Minimum wages are generally thought to be unenforceable in developing rural economies. But there is one solution - a workfare scheme in which the government acts as the employer of last resort. Is this a cost-effective policy against poverty? Using a microeconometric model of the casual labor...
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"The idea that developing countries face a trade-off between poverty and inequality has had considerable influence on thinking about development policy. The experience of developing countries in the 1990s does not, however, reveal any sign of a systematic trade-off between measures of absolute...
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