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-based evaluation of projects is unlikely to lead to scientific progress in the understanding of economic development. I welcome recent … trends in development experimentation away from the evaluation of projects and towards the evaluation of theoretical …
Persistent link: https://www.econbiz.de/10012757925
Empirical evidence suggests that money in the hands of mothers (as opposed to fathers) increases expenditures on children. Does this imply that targeting transfers to women promotes economic development? Not necessarily. We consider a noncooperative model of the household where a gender wage gap...
Persistent link: https://www.econbiz.de/10013059095
In this paper I discuss the effectiveness of foreign aid from a historical perspective. I show that foreign aid is a relatively new concept in economics, and I emphasize the role of exchange rate policies in the foreign aid controversies of the 1970s through 1990s. I show that in the early 1980s...
Persistent link: https://www.econbiz.de/10013043991
takes one small step at a time to help individual Africans). Evaluation of "one step at a time" initiatives is generally …
Persistent link: https://www.econbiz.de/10013210668
We use an RCT to analyze the impacts of microcredit. The study population consists of loan applicants who were marginally rejected by an MFI in Bosnia. A random subset of these were offered a loan. We provide evidence of higher self-employment, increases in inventory, a reduction in the...
Persistent link: https://www.econbiz.de/10013097783
Empowering women and enhancing children's early development are two important goals that are often pursued via independent policy initiatives in developing countries. In this paper we study a unique approach that pursues both goals at the same time: empowering mothers through tools that also...
Persistent link: https://www.econbiz.de/10012976981
The effect of evaluation on employee performance is traditionally studied in the context of the principal-agent problem …. Evaluation can, however, also be characterized as an investment in the evaluated employee's human capital. We study a sample of … mid-career public school teachers where we can consider these two types of evaluation effect separately. Employee …
Persistent link: https://www.econbiz.de/10013128610
advances in the estimation and evaluation of DSGE models, discusses current challenges, and provides avenues for future …
Persistent link: https://www.econbiz.de/10013130259
We find that several recently proposed consumption-based models of stock returns, when evaluated using an optimal set of managed portfolios and the associated model-implied conditional moment restrictions, fail to capture key features of risk premiums in equity markets. To arrive at these...
Persistent link: https://www.econbiz.de/10013137023
Our research examines empirically the age pattern of the implicit value of life revealed from workers' differential wages and job safety pairings. Although aging reduces the number of years of life expectancy, aging can affect the value of life through an effect on planned life-cycle...
Persistent link: https://www.econbiz.de/10013115884