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James Michael Curley, a four-time mayor of Boston, used wasteful redistribution to his poor Irish constituents and incendiary rhetoric to encourage richer citizens to emigrate from Boston, thereby shaping the electorate in his favor. Boston as a consequence stagnated, but Curley kept winning...
Persistent link: https://www.econbiz.de/10013224309
accurate test. The results indicate that equality holds strongly for the most developed country in the sample (Zimbabwe), but …
Persistent link: https://www.econbiz.de/10012753873
The Nigerian banking system was in crisis for much of the 1990's and early 2000's. The reforms of 2005 were ambitious in simultaneously attempting to address safety, soundness, and accessibility. This paper uses published and new survey data through 2008 to investigate whether bank consolidation...
Persistent link: https://www.econbiz.de/10013128269
country. Examining data from India, we find that while trade liberalization is associated with reduced poverty, this effect is … to be less perfect in lagging states than in leading ones, especially in the rural sector. This suggests that poverty … of their populations in lagging regions experience greater reduction in poverty rates following trade liberalization. Our …
Persistent link: https://www.econbiz.de/10013138479
Using data from a field experiment in Kenya, we document that providing individuals with simple informal savings technologies can substantially increase investment in preventative health and reduce vulnerability to health shocks. Simply providing a safe place to keep money was sufficient to...
Persistent link: https://www.econbiz.de/10013122020
Are smarter machines our children's friends? Or can they bring about a transfer from our relatively unskilled children to ourselves that leaves our children and, indeed, all our descendants - worse off? This, indeed, is the dire message of the model presented here in which smart machines...
Persistent link: https://www.econbiz.de/10013096141
We examine whether the Colombian trade reform can explain any of Colombia's decline in urban poverty between 1984 and … 1995. Our approach focuses on short- and medium- run channels through which trade reform could affect poverty. Despite the … chronological coincidence of the poverty reduction with the trade reforms over this period, we do not observe any evidence of a link …
Persistent link: https://www.econbiz.de/10013099482
Using novel data on 50,000 Norwegian men, we study the effect of wealth on the probability of internal or international migration during the Age of Mass Migration (1850-1913), a time when the US maintained an open border to European immigrants. We do so by exploiting variation in parental wealth...
Persistent link: https://www.econbiz.de/10013101829
Understanding the forces that lead to correlations between pollution exposure, poverty, and race is crucial to the …
Persistent link: https://www.econbiz.de/10013105794
Greater patient cost-sharing could help reduce the fiscal pressures associated with insurance expansion by reducing the scope for moral hazard. But it is possible that low-income recipients are unable to cut back on utilization wisely and that, as a result, higher cost-sharing will lead to worse...
Persistent link: https://www.econbiz.de/10013107195