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Should Easier Access to International Credit Replace Foreign Aid?

Bandyopadhyay, Subhayu - 2011

We examine the interaction between foreign aid and binding borrowing constraint for a recipient country. We also analyze how these two instruments affect economic growth via non-linear relationships. First of all, we develop a two-country, two-period trade-theoretic model to develop testable...

Persistent link: https://www.econbiz.de/10013119295

Good Governance and Good Aid Allocation

Epstein, Gil S.; Gang, Ira N. - 2021

We model the aid allocation decision where the donor government has announced that good governance is the criterion for receiving aid. Potential recipients must compete for the aid funds. The structure of the competition is important to the donor in terms of achieving good governance, and to the...

Persistent link: https://www.econbiz.de/10013325086

A Model of Dynamic Conflict in Ethnocracies

Bakshi, Dripto - 2015

partly spills over into the next period, by affecting relative conflict efficiency. Our model generates non …-monotone evolution of both conflict and distribution. Results suggest that external interventions, when effective in reducing current … conflict and protecting weaker groups, may end up sowing the seeds of greater future conflict …

Persistent link: https://www.econbiz.de/10013016336

The Origins of the Division of Labor in Pre-Modern Times

Depetris-Chauvín, Emilio - 2018

This research explores the historical roots of the division of labor in pre-modern societies. It advances the hypothesis and establishes empirically that intra-ethnic diversity had a positive effect on the division of labor across ethnicities in the pre-modern era. Exploiting a variety of...

Persistent link: https://www.econbiz.de/10012917099

Labour Supply, Work Effort and Contract Choice : Theory and Evidence on Physicians

Fortin, Bernard - 2010

We develop and estimate a generalized labour supply model that incorporates work effort into the standard consumption-leisure trade-off. We allow workers a choice between two contracts: a piece rate contract, wherein he is paid per unit of service provided, and a mixed contract, wherein he...

Persistent link: https://www.econbiz.de/10013137794

An Exponential Class of Dynamic Binary Choice Panel Data Models with Fixed Effects

Al-Sadoon, Majid - 2012

This paper develops a model for dynamic binary choice panel data that allows for unobserved heterogeneity to be arbitrarily correlated with covariates. The model is of the exponential type. We derive moment conditions that enable us to eliminate the unobserved heterogeneity term and at the same...

Persistent link: https://www.econbiz.de/10013096447

Delayed Graduation and Overeducation : A Test of the Human Capital Model versus the Screening Hypothesis

Aina, Carmen - 2012

The academic circles are devoting a growing interest to delayed graduation and overeducation, but none has analyzed the joint consequences of these two phenomena. Thus, this paper studies the link between graduation not within the minimum period and overeducation, and the effects of these...

Persistent link: https://www.econbiz.de/10013108626

A New View on Panel Econometrics : Is Probit Feasible after All?

van Praag, B.M.S. - 2015

Mundlak (1978) proposed the addition of time averages to the usual panel equation in order to remove the fixed effects bias. We extend this Mundlak equation further by replacing the time-varying explanatory variables by the corresponding deviations from the averages over time, while keeping the...

Persistent link: https://www.econbiz.de/10013015010

Mostly Harmless Simulations? On the Internal Validity of Empirical Monte Carlo Studies

Advani, Arun - 2018

Currently there is little practical advice on which treatment effect estimator to use when trying to adjust for observable differences. A recent suggestion is to compare the performance of estimators in simulations that somehow mimic the empirical context. Two ways to run such 'empirical Monte...

Persistent link: https://www.econbiz.de/10012938144

Structural Labor Supply Models and Wage Exogeneity

Loeffler, Max - 2014

There is still considerable dispute about the magnitude of labor supply elasticities. While differences in micro and macro estimates are recently attributed to frictions and adjustment costs, we show that relatively low labor supply elasticities derived from microeconometric models can also be...

Persistent link: https://www.econbiz.de/10013051442