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"The home equity bias is one of the many puzzles existing in international finance. This puzzle is characterized by the …-Ortega tries to explain the effect of asymmetric information in the home equity bias puzzle. While asymmetric information helps to … also consistent with home equity bias reversals. One proposition generalizes these results. Simulations corroborate the …
Persistent link: https://www.econbiz.de/10010522704
"Climate scientists have identified global warming as the most important environmental issue of our time, but it has taken over 20 years for the problem to penetrate the public discourse in even the most superficial manner. While some nations have done better than others, no nation has...
Persistent link: https://www.econbiz.de/10011394234
"A variety of theories of skill formation suggest that investments in schooling and other dimensions of human capital will have lower returns if children do not have adequate levels of cognitive and social skills at an early age. This paper analyzes the impact of a randomized cash transfer...
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The report focuses on preschool, as an effective early childhood development (ECD) intervention, especially for improving the status of the poorest groups in Brazil's population. Because of data limitations, the focus is primarily on pre-schooling, with some discussions on day care, and other...
Persistent link: https://www.econbiz.de/10012558643
"Formal and informal commercial sex work is a way of life for many poor women in developing countries. Though sex workers have long been identified as crucial in affecting the spread of HIV/AIDS, particularly in Sub-Saharan Africa, the nature of sex-for-money transactions remains poorly...
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