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Prasad, Eswar S. - 2011

I document that emerging markets have cast off their original sin their external liabilities are no longer dominated by foreign-currency debt and have instead shifted sharply towards direct investment and portfolio equity. Their external assets are increasingly concentrated in foreign exchange...

Persistent link: https://www.econbiz.de/10010282136

Political Socialization and Social Networks

Feldman, Stanley; Hjerm, Mikael; Nilsson, William; … - 2025

The literature on political socialization highlights the importance of parents and friends, but it is rare to find studies analyzing these socializing agents in the same model. In contrast, friends are often limited to one or a few friends that may not account for the actual effect of friends....

Persistent link: https://www.econbiz.de/10015409298

Information Technology and the Knowledge Elites

Saint-Paul, Gilles - 2001

I study a model where Information Technology, while typically increasing overall inequality, is likely to harm some people at intermediate and high levels of the distribution of income but to benefit people at the bottom. Within a given occupation it may harm some workers while benefitting...

Persistent link: https://www.econbiz.de/10010262486

Distribution of natural resources, entrepreneurship and economic development: growth dynamics with two elites

Falkinger, Josef; Grossmann, Volker - 2005

entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity …

Persistent link: https://www.econbiz.de/10010267484

The elite and the marginalised: an analysis of public spending on mass education in the Indian States

Pal, Sarmistha; Ghosh, Sugata - 2008

and how far the interests of the marginalized poor are undermined by the dominant elite consisting mainly of the landed … and the capitalists. We distinguish the dominant elite from the minority elite (i.e., elected women and low caste … education while presence of capitalist elite, as reflected in greater degree of industrialisation enhances it, even in poorer …

Persistent link: https://www.econbiz.de/10010268596

Elite dominance and under-investment in mass education: disparity in the social development of the Indian states, 1960-92

Pal, Sarmistha; Ghosh, Sugata - 2007

elite dominance that discriminates against the minority groups of people and systematically under-invests in mass education …. We experiment with various indirect economic and political measures of elite dominance. Results based on the Indian state …

Persistent link: https://www.econbiz.de/10010269246

Multidimensional measurement of richness: Theory and an application to Germany

Peichl, Andreas; Pestel, Nico - 2010

Closely following recent innovations in the literature on the multidimensional measurement of poverty, this paper provides similar measures for the top of the distribution using a dual cutoff method to identify individuals, who can be considered as rich in a multidimensional setting. We use this...

Persistent link: https://www.econbiz.de/10010269775

Role Reversal in Global Finance

Prasad, Eswar - Institute for the Study of Labor (IZA) - 2011

I document that emerging markets have cast off their "original sin" – their external liabilities are no longer dominated by foreign-currency debt and have instead shifted sharply towards direct investment and portfolio equity. Their external assets are increasingly concentrated in foreign...

Persistent link: https://www.econbiz.de/10009325444

Distributional Effects of Macroeconomic Policy Choices in Emerging Market Economies

Prasad, Eswar - 2013

Distributional consequences typically receive limited attention in economic models that analyze the effects of monetary and financial sector policies. These consequences deserve more attention since financial markets are incomplete, imperfect, and economic agents' access to them is often...

Persistent link: https://www.econbiz.de/10010328965

The Company You Keep: The Positive Peer Effects of Kindergarten on Learning and Mental Health

Li, Yanan; Menon, Nidhiya; Sunder, Naveen - 2024

-school students (grade 7) in China. We demonstrate that when peers have had limited time to interact with one another (three to six …

Persistent link: https://www.econbiz.de/10015210890