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multiple, independent checks on the validity of regime assignment. Using retrospective marriage data from rural Bangladesh, we …
Persistent link: https://www.econbiz.de/10012466031
We examine constraints to adoption of new technologies in the context of hillside irrigation schemes in Rwanda. We … leverage a plot-level spatial regression discontinuity design to produce 3 key results. First, irrigation enables dry season … horticultural production, which boosts on-farm cash profits by 70%. Second, adoption is constrained: access to irrigation causes …
Persistent link: https://www.econbiz.de/10012479222
A large literature has developed quantitative versions of the Eaton and Gersovitz (1981) model to analyze default episodes on external debt. In this paper, we study whether the same framework can be applied to the analysis of debt crises in which domestic public debt plays a prominent role. We...
Persistent link: https://www.econbiz.de/10012480634
Medical practitioners typically utilize the following protocol when advising pregnant women about testing for the possibility of genetic disorders: Pregnant women over the age of 35 should be tested for Down syndrome and other genetic disorders; for younger women, such tests are discouraged...
Persistent link: https://www.econbiz.de/10012462351
do an inordinate amount of work right before projects are due. We present a theory in which people underpredict and … less smoothing of work than those chosen by a person with objective beliefs. We test our theory using extant experimental … theory predicts. For example, monetary incentives for accurate prediction ameliorate the planning fallacy while incentives …
Persistent link: https://www.econbiz.de/10012464421
Given that technologies to significantly reduce fossil fuel emissions are currently unavailable or only available at high cost, technological change will be a key component of any long-term strategy to reduce greenhouse gas emissions. In light of this, the amount of research on the pace,...
Persistent link: https://www.econbiz.de/10012465601
What form of intellectual property rights (IPR) policy contributes to economic growth? Should technological followers be able to license the products of technological leaders? Should a company with a large technological lead receive the same IPR protection as a company with a more limited lead?...
Persistent link: https://www.econbiz.de/10012465887
For centuries, most international trade involved an exchange of complete goods. But, with recent improvements in transportation and communications technology, it increasingly entails different countries adding value to global supply chains, or what might be called "trade in tasks." We propose a...
Persistent link: https://www.econbiz.de/10012465939
For an economy with altruistic parents facing productivity shocks, the optimal estate taxation is progressive: fortunate parents should face lower net returns on their inheritances. This progressivity reflects optimal mean reversion in consumption, which ensures that a long-run steady state...
Persistent link: https://www.econbiz.de/10012466061
A century ago, everyone thought time and distance were well defined physical concepts. But neither proved absolute. Instead, measures/reports of time and distance were found to depend on one's reference point, specifically one's direction and speed of travel, making our apparent physical...
Persistent link: https://www.econbiz.de/10012466321