Showing 1 - 10 of 325
We present empirical evidence on the heterogeneity in monetary policy transmission across countries with different home ownership rates. We use household-level data together with shocks to the policy rate identified from high-frequency data. We find that housing tenure reacts more strongly to...
Persistent link: https://www.econbiz.de/10011949270
This paper quantifies the extent of heterogeneity in consumption responses to changes in real interest rates and house prices in the four largest economies in the euro area: France, Germany, Italy, and Spain. We first calibrate a life-cycle incomplete-markets model with a financial asset and...
Persistent link: https://www.econbiz.de/10012133482
Income inequality can be measured at different levels of aggregation such as global, continental, international and national levels. Here we consider income inequality at the national level but the focus is on the within country regional inequality. Regional inequality in income distribution in...
Persistent link: https://www.econbiz.de/10002422179
distance to school and their safety when commuting to school. In Zambia, we studied the impact of providing a bicycle to a …
Persistent link: https://www.econbiz.de/10012879984
Using comparable data sets for five African countries we estimate, and evaluate possible explanations for, the employer size wage effect across these. Our results indicate, just as has been generally found for other developing and developed nations, that apart from observable worker...
Persistent link: https://www.econbiz.de/10011415323
The last decade has seen a resurgence of parastatal crop marketing institutions in sub-Saharan Africa, many of which cite improving food security and incomes as key goals. However, there is limited empirical evidence on the welfare effects of these programs. This article considers one such...
Persistent link: https://www.econbiz.de/10011346613
' inability to cover short-term consumption needs with savings or credit. We conduct a field experiment in rural Zambia to …
Persistent link: https://www.econbiz.de/10010440550
This study examines the five-year impacts of a bicycle distribution program for adolescent girls in rural Zambia …
Persistent link: https://www.econbiz.de/10015402669
The properties of classical panel data estimators including fixed effect, first-differences, random effects, and generalized method of moments-instrumental variables estimators in both static as well as dynamic panel data models are investigated under sample selection. The correlation of the...
Persistent link: https://www.econbiz.de/10014428011
This paper proposes new ℓ1-penalized quantile regression estimators for panel data, which explicitly allows for individual heterogeneity associated with covariates. We conduct Monte Carlo simulations to assess the small sample performance of the new estimators and provide comparisons of new...
Persistent link: https://www.econbiz.de/10010238040