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Seebohm Rowntree and the Post-War Poverty Puzzle
Bailey, Roy E; Hatton, Timothy J. - C.E.P.R. Discussion Papers - 1999
percentage of households in poverty. He attributed the bulk of this decline to government welfare reforms enacted during and … after the War. Some observers have been uneasy about these striking results, especially with the rediscovery of poverty in … the 1960s. In this paper we re-examine the surviving records from the 1950 survey, making the poverty line more consistent …
Persistent link: https://www.econbiz.de/10005656469
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Do Rural Banks Matter? Evidence from the Indian Social Banking Experiment
Burgess, Robin; Pande, Rohini - C.E.P.R. Discussion Papers - 2004
exploit this fact to identify the impact of opening a rural bank on poverty and output. Our estimates suggest that the Indian … rural branch expansion programme significantly lowered rural poverty, and increased non-agricultural output. …
Persistent link: https://www.econbiz.de/10005792249
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Subjective Well-Being, Income, Economic Development and Growth
Sacks, Daniel W.; Stevenson, Betsey; Wolfers, Justin - C.E.P.R. Discussion Papers - 2010
We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...
Persistent link: https://www.econbiz.de/10008684672
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What is Middle Class about the Middle Classes Around the World?
Banerjee, Abhijit; Duflo, Esther - C.E.P.R. Discussion Papers - 2007
This paper uses household surveys from 13 developing countries to describe consumption choices, health and education investments, employment patterns and other features of the of the economic lives of the “middle classes” defined as those whose daily consumption per capita is between $2 and...
Persistent link: https://www.econbiz.de/10005791405
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The Institutional Foundations of China’s Reforms and Development
Xu, Cheng-Gang - C.E.P.R. Discussion Papers - 2010
China’s economic reforms have resulted in spectacular growth and poverty reduction. However, China’s institutions look …
Persistent link: https://www.econbiz.de/10008468688
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The Role of Social Capital In Financial Development
Guiso, Luigi; Sapienza, Paola; Zingales, Luigi - C.E.P.R. Discussion Papers - 2000
To identify the effect of social capital on financial development, we exploit the well-known differences in social capital and trust (Banfield (1958), Putnam (1993)) across different parts of Italy, using microeconomic data on households and firms. In areas of the country with high levels of...
Persistent link: https://www.econbiz.de/10005662398
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How Risky is Financial Liberalization in the Developing Countries?
Wyplosz, Charles - C.E.P.R. Discussion Papers - 2001
This Paper looks at the effect of domestic and external financial liberalization. Using a sample of 27 developing and developed countries, it studies the exchange market pressure and output gap effects of liberalization. The results show that developing and developed countries differ in many...
Persistent link: https://www.econbiz.de/10005666570
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Exchange Rate Regimes: Some Lessons from Postwar Europe
Wyplosz, Charles - C.E.P.R. Discussion Papers - 2001
Can Europe's post-war experience with fixed exchange rates be useful for today's emerging market countries? A new conventional wisdom suggests that the answer is negative, that in today's world of huge capital flows the only choice is between freely floating exchange rates and hard pegs. The...
Persistent link: https://www.econbiz.de/10005661704
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Cutting out the Middleman: Crowdinvesting, Efficiency, and Inequality
Grüner, Hans Peter; Siemroth, Christoph - C.E.P.R. Discussion Papers - 2015
We show that direct investments by consumers without the use of financial intermediaries can efficiently allocate financial capital to firms seeking funding for production of a novel consumption good. In our setting, consumers are also investors, and their privately known consumption preferences...
Persistent link: https://www.econbiz.de/10011201361
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Community-based Development and Poverty Alleviation: An Evaluation of China’s Poor Village Investment Program
Park, Albert; Wang, Sangui - C.E.P.R. Discussion Papers - 2010
poverty alleviation program began in 2001 which finances public investments in designated poor villages based on participatory …
Persistent link: https://www.econbiz.de/10008468658