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Identifying the Cost of a Public Health Success : Arsenic Well Water Contamination and Productivity in Bangladesh

Pitt, Mark Martin - 2015

incorporating optimizing behavior to uncover the hidden costs of arsenic poisoning in Bangladesh. We provide for the first time … capabilities as well as on the schooling attainment, occupational structure, entrepreneurship and incomes of the rural Bangladesh … of rural households in Bangladesh who are participants in a long-term panel survey following respondents and their …

Persistent link: https://www.econbiz.de/10013011455

Exchange Controls, Devaluations and Real Exchange Rates : the Latin American Experience

Edwards, Sebastian - 2021

This paper deals with the anatomy of devaluation in Latin America. In an effort to understand the economics surrounding the causes and consequences of exchange rate crises, eighteen devaluation episodes that took place between 1962 and 1982 are investigated in detail. The paper focuses on: (1)...

Persistent link: https://www.econbiz.de/10013225415

Exchange Controls, Capital Controls, and International Financial Markets

Stockman, Alan C.; Hernandez D., Alejandro - 2021

This paper examines the effects of restrictions on international financial markets. We analyze a general equilibrium, rational expectations model of a two-country world in which well-functioning international financial markets premit trade in all state-contingent securities except insofar as...

Persistent link: https://www.econbiz.de/10013232761

Exchange Rates as Nominal Anchors

Edwards, Sebastian - 2021

This paper discusses the use of nominal exchange rates as nominal anchors in stabilization programs. The first part deals with the dynamics of inflation in highly indexed economies. It is shown that credible exchange rate anchors will reduce the degree of inflationary inertia. However, if some...

Persistent link: https://www.econbiz.de/10013216865

Preemptive Policies and Risk-Off Shocks in Emerging Markets

Das, Mitali; Gopinath, Gita; Kalemli-Ozcan, Sebnem - 2023

We show that “preemptive” capital flow management measures (CFM) can reduce emerging markets and developing countries' (EMDE) external finance premia during risk-off shocks, especially for vulnerable countries. Using a panel dataset of 56 EMDEs during 1996-2020 at monthly frequency, we...

Persistent link: https://www.econbiz.de/10014348303

Employment, Unemployment, and Problem Drinking

Mullahy, John; Sindelar, Jody Louise - 2022

The misuse of alcoholic beverages ('problem drinking') has been demonstrated to result in enormous economic costs; most of these costs have been shown to be reduced productivity in the labor market. The purpose of this paper is to present sound structural estimates of the relationship between...

Persistent link: https://www.econbiz.de/10014158808

The Environmental Cost of Global Fuel Subsidies

Davis, Lucas W. - 2016

Despite increasing calls for reform many countries continue to provide subsidies for gasoline and diesel. This paper quantifies the external costs of global fuel subsidies using the latest available data and estimates from the World Bank and International Monetary Fund. Under preferred...

Persistent link: https://www.econbiz.de/10012996460

Climate Change and Growth Risks

Bansal, Ravi - 2017

To study the welfare implications of rising temperature we propose a temperature-augmented long-run risks model that accounts for the interaction between temperature, economic growth and risk. The model simultaneously matches the projected temperature path, the observed consumption growth...

Persistent link: https://www.econbiz.de/10012966590

Leaning Against the Wind : The Role of Different Assumptions About the Costs

Svensson, Lars E. O. - 2017

“Leaning against the wind” (LAW), that is, tighter monetary policy for financial-stability purposes, has costs in terms of a weaker economy with higher unemployment and lower inflation and possible benefits from a lower probability or magnitude of a (financial) crisis. A first obvious cost...

Persistent link: https://www.econbiz.de/10012948449

Who Bears the Economic Costs of Environmental Regulations?

Fullerton, Don - 2017

Public economics has a well-developed literature on tax incidence – the ultimate burdens from tax policy. This literature is used here to describe not only the distributional effects of environmental taxes or subsidies but also the likely incidence of non-tax regulations, energy efficiency...

Persistent link: https://www.econbiz.de/10012949442