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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

Explorations of the Effect of Experience on Preferences: Two Health-Care Case Studies

Neuman, Einat; Neuman, Shoshana - C.E.P.R. Discussion Papers - 2006

experience on preferences for attributes of health-care events. We are using two very different samples and a methodology that … facilitates the estimation of marginal utilities of various attributes of a composite non-traded health-care service. Discrete … is that preferences for health-care attributes are significantly changed as a result of experience with the health event …

Persistent link: https://www.econbiz.de/10005123715

Explorations of the Effect of Experience on Preferences for a Health-Care Service

Neuman, Einat; Neuman, Shoshana - C.E.P.R. Discussion Papers - 2007

as experience is accumulated. This paper tests the effect of experience with a health-care service on preferences for … basic findings are that preferences change significantly as a result of experience with the health event; that the effect of …

Persistent link: https://www.econbiz.de/10005656214

Reference-Dependent Preferences and Loss Aversion: A Discrete Choice Experiment In the Health-Care Sector

Neuman, Einat; Neuman, Shoshana - C.E.P.R. Discussion Papers - 2007

A Discrete Choice Experiment (DCE) in the health-care sector is used to test the loss aversion theory that is derived … with non-tangible attributes. A health-care event is used for empirical illustration: The loss aversion theory is tested …

Persistent link: https://www.econbiz.de/10005792351

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

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