Showing 1 - 9 of 9
We explore the extent to which macroeconomic policies, structural policies, and institutions can mitigate the negative relationship between temperature shocks and output in countries with warm climates. Empirical evidence and simulations of a dynamic general equilibrium model reveal that good...
Persistent link: https://www.econbiz.de/10012103566
This paper uses the 1991 Indian trade liberalization to measure the impact of trade liberalization on poverty, and to … more exposed to liberalization were concentrated, experienced slower decline in poverty and lower consumption growth. The …
Persistent link: https://www.econbiz.de/10014397333
a failure to follow the national trend in poverty reduction. Schooling costs appear to play a large role in this … relationship between poverty, schooling, and child labor. Extrapolating from our results, our estimates imply that roughly half of … India''s rise in schooling and a third of the fall in child labor during the 1990s can be explained by falling poverty and …
Persistent link: https://www.econbiz.de/10014400340
impacts of the growth process. Cognizant of the vulnerability of its large population below poverty, India''s authorities have …
Persistent link: https://www.econbiz.de/10014401684
Persistent link: https://www.econbiz.de/10009488690
Persistent link: https://www.econbiz.de/10011281181
Global temperatures have increased at an unprecedented pace in the past 40 years. This paper finds that increases in temperature have uneven macroeconomic effects, with adverse consequences concentrated in countries with hot climates, such as most low-income countries. In these countries, a rise...
Persistent link: https://www.econbiz.de/10011866510
We analyze trade dynamics following past episodes of financial crises. Using an augmented gravity model and 179 crisis episodes from 1970-2009, we find that there is a sharp decline in a country’s imports in the year following a crisis-19 percent, on average-and this decline is persistent,...
Persistent link: https://www.econbiz.de/10014403222
This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that...
Persistent link: https://www.econbiz.de/10014412096