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The Social Implications of Sugar : Living Costs, Real Incomes and Inequality in Jamaica C1774
Burnard, Trevor - 2017
wealth Jamaica was the most unequal place in the pre-modern world. Furthermore, all of these characteristics applied to the …
Persistent link: https://www.econbiz.de/10012946034
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Institutions vs. Policies : A Tale of Two Islands
Henry, Peter Blair - 2010
for explaining differences in their subsequent economic development. Barbados and Jamaica provide a striking counter … 1960 to 2002, Barbados' GDP per capita grew roughly three times as fast as Jamaica's. Consequently, the income gap between … Barbados and Jamaica is now almost five times larger than at the time of independence. Since their property rights and legal …
Persistent link: https://www.econbiz.de/10012758058
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Labor Market Returns to Early Childhood Stimulation : A 20-Year Followup to an Experimental Intervention in Jamaica
Gertler, Paul J. - 2013
We find large effects on the earnings of participants from a randomized intervention that gave psychosocial stimulation to stunted Jamaican toddlers living in poverty. The intervention consisted of one-hour weekly visits from community Jamaican health workers over a 2-year period that taught...
Persistent link: https://www.econbiz.de/10013079255
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External Capital Structures and Oil Price Volatility
Burger, John D. - 2010
oil price shocks. We study two Caribbean economies highly vulnerable to oil price shocks, an oil-importer (Jamaica) and an …
Persistent link: https://www.econbiz.de/10013142546
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What Does Equity Sector Orderflow Tell Us About the Economy?
Beber, Alessandro - 2010
Investors rebalance their portfolios as their views about expected returns and risk change. We use empirical measures of portfolio rebalancing to back out investors' views, specifically their views about the state of the economy. We show that aggregate portfolio rebalancing across equity sectors...
Persistent link: https://www.econbiz.de/10013135882
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Monetary Policy, Doubts and Asset Prices
Benigno, Pierpaolo - 2010
Asset prices and the equity premium might reflect doubts and pessimism. Introducing these features in an otherwise standard New-Keynesian model changes in a quite substantial way the nature of the policy that maximizes the welfare of the consumers in the model. First, following productivity...
Persistent link: https://www.econbiz.de/10013137729
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Economic Conditions and the Quality of Suicide Terrorism
Benmelech, Efraim - 2010
We analyze the link between economic conditions and the quality of suicide terrorism. While the existing empirical literature shows that poverty and economic conditions are not correlated with the quantity of terror, theory predicts that poverty and poor economic conditions may affect the...
Persistent link: https://www.econbiz.de/10013138762
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The Euro and European Economic Conditions
Feldstein, Martin S. - 2011
The creation of the euro should now be recognized as an experiment that has led to the sovereign debt crisis in several countries, the fragile condition of major European banks, the high levels of unemployment, and the large trade deficits that now exist in most Eurozone countries. Although the...
Persistent link: https://www.econbiz.de/10013118129
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The Impact of the Macroeconomy on Health Insurance Coverage : Evidence from the Great Recession
Cawley, John - 2011
This paper investigates the impact of the macroeconomy on the health insurance coverage of Americans using panel data from the Survey of Income and Program Participation (SIPP) for 2004-2010, a period that includes the Great Recession of 2007-09. We find that a one percentage point increase in...
Persistent link: https://www.econbiz.de/10013118248
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Country Size, International Trade, and Aggregate Fluctuations in Granular Economies
di Giovanni, Julian - 2011
This paper proposes a new mechanism by which country size and international trade affect macroeconomic volatility. We study a multi-country, multi-sector model with heterogeneous firms that are subject to idiosyncratic firm-specific shocks. When the distribution of firm sizes follows a power law...
Persistent link: https://www.econbiz.de/10013121047