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Volatility, Financial Development and the Natural Resource Curse

Poelhekke, Steven; van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 2007

Cross-country evidence is presented on resource dependence and the link between volatility and growth. First, growth depends negatively on volatility of unanticipated output growth independent of initial income per capita, the average investment share, initial human capital, trade openness, the...

Persistent link: https://www.econbiz.de/10005123919

Do Natural Resources Attract FDI? Evidence from Non-Stationary Sector-Level Data

Poelhekke, Steven; van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 2010

reserves and the oil price and to allowing for sample selection bias. …

Persistent link: https://www.econbiz.de/10008680755

Can the Natural Resource Curse Be Turned Into a Blessing? The Role of Trade Policies and Institutions

Arezki, Rabah; van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 2007

We criticize existing empirical results on the detrimental effects of natural resource dependence on the rate of economic growth after controlling for institutional quality, openness, and initial income. These results do not survive once we use instrumental variables techniques to correct for...

Persistent link: https://www.econbiz.de/10005114359

Long Term Impacts of Compensatory Preschool on Health and Behavior: Evidence from Head Start

Carneiro, Pedro; Ginja, Rita - C.E.P.R. Discussion Papers - 2012

This paper provides new estimates of the medium and long-term impacts of Head Start on the health and behavioral … neighboring a single discontinuity). Participation in the program reduces the incidence of behavioral problems, serious health …

Persistent link: https://www.econbiz.de/10011084092

Guide to Reform of Higher Education: A European Perspective

Jacobs, Bas; van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 2005

Although there are exceptions, most European universities and institutions of higher education find it difficult to compete with the best universities in the Anglo-Saxon world. Despite the Bologna agreement and the ambitions of the Lisbon agenda, European universities are in need of fundamental...

Persistent link: https://www.econbiz.de/10005067399

Partial Insurance and Investments in Children

Carneiro, Pedro; Ginja, Rita - C.E.P.R. Discussion Papers - 2015

partial insurance of parental investments against permanent income shocks, but the magnitude of the estimated responses is … small. We cannot reject the hypothesis full insurance against temporary shocks. Another interpretation of our findings is … that there is very little insurance available, but the fact that skill is a non-separable function of parental investments …

Persistent link: https://www.econbiz.de/10011266538

Facilitating Consumer Learning in Insurance Markets—What Are the Welfare Effects?

Lagerlöf, Johan N. M.; Schottmüller, Christoph - C.E.P.R. Discussion Papers - 2013

What are the welfare effects of a policy that facilitates for insurance customers to privately and covertly learn about … their accident risks? We endogenize the information structure in Stiglitz's classic monopoly insurance model. We first show …

Persistent link: https://www.econbiz.de/10011083449

Monopoly Insurance with Endogenous Information

Lagerlöf, Johan N. M.; Schottmüller, Christoph - C.E.P.R. Discussion Papers - 2013

We study a monopoly insurance model with endogenous information acquisition. Through a continuous effort choice …

Persistent link: https://www.econbiz.de/10011084544

Efficiency-Enhancing Signalling in the Samaritan's Dilemma

Lagerlöf, Johan N. M. - C.E.P.R. Discussion Papers - 2003

Suppose an altruistic person - A - is willing to transfer resources to a second person - B - if B comes upon hard times. If B anticipates that A will act in this manner, B will save too little from both agents’ point of view. This is the Samaritan’s dilemma. The logic of the dilemma has been...

Persistent link: https://www.econbiz.de/10005497793

Do Public Health Interventions Crowd Out Private Health Investments? Malaria Control Policies in Eritrea

Carneiro, Pedro; Ghebremeskel, Tewolde; Keating, Joseph; … - C.E.P.R. Discussion Papers - 2012

malaria more salient, leading to a change in beliefs about its importance and to an increase in private health investments. …

Persistent link: https://www.econbiz.de/10011083460