Showing 1 - 10 of 10
Most analysts of the modern Latin American economy have held the pessimistic belief in historical persistence -- they believe that Latin America has always had very high levels of inequality, and that it's the Iberian colonists' fault. Thus, modern analysts see today a more unequal Latin America...
Persistent link: https://www.econbiz.de/10012457751
Most analysts of the modern Latin American economy hold to a pessimistic belief in historical persistence -- they believe that Latin America has always had very high levels of inequality, suggesting it will be hard for modern social policy to create a more egalitarian society. This paper argues...
Persistent link: https://www.econbiz.de/10012463345
Most analysts of the modern Latin American economy hold to a pessimistic belief in historical persistence -- they believe that Latin America has always had very high levels of inequality, suggesting it will be hard for modern social policy to create a more egalitarian society. This paper argues...
Persistent link: https://www.econbiz.de/10012463881
This paper provides the first quantitative assessment of Jamaican standards of living and income inequality around 1774. To this purpose we compute welfare ratios for a range of occupations and build a social table. We find that the slave colony had extremely high living costs, which rose...
Persistent link: https://www.econbiz.de/10012453817
, globalization has been good for growth in poor countries at least by diminishing price volatility. But comparative advantage has … never been constant. Globalization increased poor country specialization in commodities when the world went open after the …
Persistent link: https://www.econbiz.de/10012463899
years were also ones of economic autarky and 'de-globalization', while the rest were ones of increasing globalization in … world commodity and factor markets, history offers an unambiguous positive correlation between globalization and convergence … causal: the globalization of commodity and factor markets served to play a critical, perhaps the critical, role in …
Persistent link: https://www.econbiz.de/10012473616
This paper formulates a structural dynamic programming model of preschool investment choices of altruistic parents and then empirically estimates the structural parameters of the model using the NLSY79 data. The paper finds that preschool investment significantly boosts cognitive and...
Persistent link: https://www.econbiz.de/10012459584
A growing literature establishes that high quality early childhood interventions targeted toward disadvantaged children have substantial impacts on later life outcomes. Little is known about the mechanisms producing these impacts. This paper uses longitudinal data on cognitive and personality...
Persistent link: https://www.econbiz.de/10012460079
This paper studies the life-cycle impacts of a widely-emulated high-quality, intensive early childhood program with long-term follow up. The program starts early in life (at 8 weeks of age) and is evaluated by an RCT. There are multiple treatment effects which we summarize through interpretable...
Persistent link: https://www.econbiz.de/10012455269
This paper estimates the long-term benefits from an influential early childhood program targeting disadvantaged families. The program was evaluated by random assignment and followed participants through their mid-30s. It has substantial beneficial impacts on health, children's future labor...
Persistent link: https://www.econbiz.de/10012455687