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An extensive literature has documented a robust correlation between socioeconomic status--measured in a variety of ways--and health outcomes; however, much uncertainty remains regarding what causal processes underlie this association. The present paper builds on a growing literature that seeks...
Persistent link: https://www.econbiz.de/10013128892
Caspi et al. (2002, 2003), Guo et al. (2008a), and Pescosolido et al. (2008) all claim to have demonstrated allele-by-environment interactions, but in all cases environmental influences are potentially endogenous to the unmeasured genetic characteristics of the subjects and their families. Thus,...
Persistent link: https://www.econbiz.de/10013143167
We develop a stylised model of multiple equilibria, with country risk spreads at the focus of the analysis. Fears that the country default on its debt triggers a reversal in the direction of inflows of international financial capital raise interest-rate spreads and thus the cost of servicing the...
Persistent link: https://www.econbiz.de/10013219683
We develop a model that captures important features of debt crises of the Brazilian type. Its applicability to Brazil …
Persistent link: https://www.econbiz.de/10013235863
We develop a model that captures important features of debt crises of the Brazilian type. Its applicability to Brazil … lies in the fact that (1) in Brazil the macro fundamentals were sound (e.g., a primary surplus, a relatively low debt …
Persistent link: https://www.econbiz.de/10013244094