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The Economics of the COVID-19 Pandemic in Poor Countries
Miguel, Edward; Mobarak, Ahmed Mushfiq - National Bureau of Economic Research - 2021
The COVID-19 pandemic has upended health and living standards around the world. This article provides an interim overview of these effects, with a particular focus on low- and middle-income countries (LMICs). Economists have explained how the pandemic is likely to have differential consequences...
Persistent link: https://www.econbiz.de/10012660017
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Covid-19 Infection Externalities : Trading Off Lives vs. Livelihoods
Bethune, Zachary A. - 2020
We analyze the externalities that arise when social and economic interactions transmit infectious diseases such as COVID-19. Individually rational agents do not internalize that they impose infection externalities upon others when the disease is transmitted. In an SIR model calibrated to capture...
Persistent link: https://www.econbiz.de/10012481966
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How Public Pension affects Elderly Labor Supply and Well-being : Evidence from India
Kaushal, Neeraj - 2013
We study the effect of a recent expansion in India's National Old Age Pension Scheme on elderly well-being. Estimates …
Persistent link: https://www.econbiz.de/10012459573
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The 1991 Reforms, Indian Economic Growth, and Social Progress
Agarwal, Manmohan - 2013
This paper analyzes the effects of the reforms initiated in India following the balance of payments (BOP) crisis of … compare changes in performance since the reforms, which started in China in 1979 and in India in 1991. Such a comparison shows … in making progress towards the Millennium Development Goals (MDGs) and India lags behind other South Asian countries. The …
Persistent link: https://www.econbiz.de/10012459638
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The Benefits and Costs of Guest Worker Programs : Experimental Evidence from the India-UAE Migration Corridor
Naidu, Suresh; Nyarko, Yaw; Wang, Shing-Yi - National Bureau of Economic Research - 2023
job seekers in India applying to guest worker jobs in the United Arab Emirates (UAE). Working with construction companies …
Persistent link: https://www.econbiz.de/10014322742
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Optimal Harvest with Multiple Fishing Zones, Endogenous Price and Global Uncertainty
Pizarro, Jose; Schwartz, Eduardo S. - National Bureau of Economic Research - 2021
The literature on the optimal harvest of fisheries has concentrated on a single fishing area with biomass uncertainty and to a lesser degree also with price uncertainty. We develop and implement a stochastic optimal control approach to determine the harvest that maximizes the value of a fishery...
Persistent link: https://www.econbiz.de/10012510611
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Trade, Competitive Exclusion, and the Slow-Motion Extinction of the Southern Resident Killer Whales
Taylor, Michael Scott - National Bureau of Economic Research - 2021
Orcinus Orca is the world's largest predator, and simultaneously a significant tourist asset and cultural icon for much of the Pacific Northwest. In the past two decades, the Southern Resident Killer whales (SRKW) have declined by more than 25 percent, and this population appears on a...
Persistent link: https://www.econbiz.de/10012599304
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Credit Markets, Property Rights, and the Commons
Noack, Frederik; Costello, Christopher J. - National Bureau of Economic Research - 2022
Credit markets and property rights are fundamental for modern economies, but they also have implications for the commons. Using a dynamic model of competitive resource extraction, we show that improving property right security unambiguously increases conservation incentives, but the effect of...
Persistent link: https://www.econbiz.de/10013172188
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The Valuation of Fisheries Rights : A Real Options Approach
Pizarro, Jose - 2018
This article develops and implements a Real Option approach to value renewable natural resources in the case of Marine Fisheries. The model includes two sources of uncertainty: the resource biomass and the price of fish, and it can be used by fisheries to optimally adapt their harvesting...
Persistent link: https://www.econbiz.de/10012480792
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The Problem of the Commons : Still Unsettled After 100 Years
Stavins, Robert N. - 2010
The problem of the commons is more important to our lives and thus more central to economics than a century ago when Katharine Coman led off the first issue of the American Economic Review. As the U.S. and other economies have grown, the carrying-capacity of the planet -- in regard to natural...
Persistent link: https://www.econbiz.de/10012462253