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Capital fundamentalism and structural transformation
Tohari, Achmad; Parsons, Christopher R.; Rammohan, Anu - 2021
We revisit the role of Capital Fundamentalism, in the context of the Government of Indonesia's Inpres Desa Tertinggal … (IDT or Left Behind Village) Program, which injected capital into poor village economies. We evaluate the impact of the …, which suggests that structural transformation is a necessary condition for capital injections to foster village development. …
Persistent link: https://www.econbiz.de/10012549818
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Relationship between the real estate sector and the stock market in Chinese provinces
Di, Zeyu; Heshmati, Almas; Liu, Sijia - 2022
In China, real estate and the stock market are the two main markets favored by both individual and institutional investors. There is a significant economic link between the two. Therefore, their relationship and long-term and short-term causality can provide good guidance for investors. This...
Persistent link: https://www.econbiz.de/10013172898
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Sequentiality versus simultaneity : interrelated factor demand
Asphjell, Magne Krogstad; Letterie, Wilko A.; Nilsen, … - 2010
covers the period 1993-2005. The estimates indicate that it is advantageous to adjust the stock of labour and capital … simultaneously. The cost advantage of simultaneous changes is small for capital but is large for labour. The empirical results … demand. -- factor demand ; labour ; capital ; interrelation ; nonconvex adjustment costs …
Persistent link: https://www.econbiz.de/10009312924
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Federal unemployment reinsurance and local labor-market policies
Ignaszak, Marek; Jung, Philip; Küster, Keith - 2020
Consider a union of atomistic member states, each faced with idiosyncratic business-cycle shocks. Private cross-border risk-sharing is limited, giving a role to a federal unemployment-based transfer scheme. Member states control local labor-market policies, giving rise to a trade-off between...
Persistent link: https://www.econbiz.de/10012316758
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On the relationship between public and private investment in the euro area
Dreger, Christian; Reimers, Hans-Eggert - 2014
capital stocks and gross investment flows. Panel techniques ac-counting for international spillovers are employed. While … private and public capital stocks are cointegrated, the evidence is quite fragile for public and private investment flows …
Persistent link: https://www.econbiz.de/10010252646
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Bureaucratic delay, local-level monitoring, and delivery of small infrastructure projects : evidence from a field experiment in Bolivia
Yanez-Pagans, Monica; Machicado, Carlos Gustavo - 2012
This paper examines bureaucratic delay within the allocation of small infrastructure projects by sub-municipal governments in Bolivia, and it presents a randomized field experiment designed to improve public service delivery by promoting voice, transparency, and accountability among grassroots...
Persistent link: https://www.econbiz.de/10009558979
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Police and crime : evidence from dictated delays in centralized police hiring
Buonanno, Paolo; Mastrobuoni, Giovanni - 2012
This paper exploits dictated delays in local police hiring by a centralized national authority to break the simultaneity between police and crime. In Italy police officers can only be hired through lengthy national public contests which the Parliament, the President, and the Court of Auditors...
Persistent link: https://www.econbiz.de/10009536639
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Strategies to productively reincorporate the formerly-incarcerated into communities : a review of the literature
Doleac, Jennifer L. - 2018
Two-thirds of those released from prison in the United States will be re-arrested within three years, creating an incarceration cycle that is detrimental to individuals, families, and communities. There is tremendous public interest in ending this cycle, and public policies can help or hinder...
Persistent link: https://www.econbiz.de/10011880782
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Local governance quality and the environmental cost of forced migration
Aksoy, Cevat Giray; Tumen, Semih - 2020
Can high-quality local governance alleviate the environmental impact of large-scale refugee migration? The recent surge in refugee flows has brought additional challenges to local governments in Europe, the Middle East and certain regions of Africa and Asia. In this paper, we focus on the case...
Persistent link: https://www.econbiz.de/10012201750
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Speed limit enforcement and road safety
Bauernschuster, Stefan; Rekers, Ramona - 2019
We study the impact on road safety of one-day massive speed limit monitoring operations (SLMO) accompanied by media campaigns that announce the SLMO and provide information on the dangers of speeding. Using register data on the universe of police reported accidents in a generalized...
Persistent link: https://www.econbiz.de/10012151780