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Is the "Surge" Working? Some New Facts
Greenstone, Michael - 2007
There is a paucity of facts about the effects of the recent military "Surge" on conditions in Iraq and whether it is … paving the way for a stable Iraq. Selective, anecdotal and incomplete analyses abound. Policy makers and defense planners … Iraq's future. The new and unusually rigorous findings presented here should help inform current evaluations of the Surge …
Persistent link: https://www.econbiz.de/10012465190
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The Real Effects of Banking the Poor : Evidence from Brazil
Fonseca, Julia; Matray, Adrien - National Bureau of Economic Research - 2022
We study how financial development affects economic development and wage inequality. We use a large expansion of government-owned banks into Brazilian cities with low bank branch coverage and combine it with data on the universe of employees from 2000-2014. We find that higher financial...
Persistent link: https://www.econbiz.de/10013210085
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The Endowment Effect and Collateralized Loans
Carney, Kevin; Kremer, Michael; Lin, Xinyue; Rao, Gautam - National Bureau of Economic Research - 2022
Collateral requirements play an important role in credit markets. This paper shows that the endowment effect--the phenomenon where owing a good increases one's valuation of it--inhibits demand for loans which use a borrower's existing assets as collateral. Using a field experiment in Kenya, we...
Persistent link: https://www.econbiz.de/10013210101
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Blended Finance
Flammer, Caroline; Giroux, Thomas; Heal, Geoffrey - National Bureau of Economic Research - 2024
Blended finance---the use of public and philanthropic funding to crowd in private capital---is a potential way to finance a more sustainable world. While blended finance holds the promise of being catalytic in mobilizing vast amounts of private capital, little is known about this practice. In...
Persistent link: https://www.econbiz.de/10014512141
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The Effects of Mental Health Interventions on Labor Market Outcomes in Low- and Middle-Income Countries
Lund, Crick; Orkin, Kate; Witte, Marc; Walker, John; … - National Bureau of Economic Research - 2024
Mental health conditions are prevalent but rarely treated in low- and middle-income countries (LMICs). Little is known about how these conditions affect economic participation. This paper shows that treating mental health conditions substantially improves recipients' capacity to work in these...
Persistent link: https://www.econbiz.de/10014544702
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The Future of Global Economic Power
Benzell, Seth G.; Kotlikoff, Laurence J.; Kazakova, Marija - National Bureau of Economic Research - 2022
Which region(s) will come to dominate the world economy? This paper develops the Global Gaidar Model (GGM), a 17-region, 2-skills, 100-period OLG model, to address this and other questions. The model is carefully calibrated to 2017 UN demographic and IMF fiscal data. Productivity growth and its...
Persistent link: https://www.econbiz.de/10013435118
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Mechanics of Spatial Growth
Cai, Sheng; Caliendo, Lorenzo; Parro, Fernando; Xiang, Wei - National Bureau of Economic Research - 2022
We develop a dynamic spatial growth model to explore the role of trade and internal migration in the process of spatial development and aggregate growth. Growth is shaped by the best global and local ideas that contribute to the local stock of knowledge. Global ideas diffuse more to locations...
Persistent link: https://www.econbiz.de/10013435141
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Depression and Loneliness Among the Elderly Poor
Banerjee, Abhijit V.; Duflo, Esther; Grela, Erin; … - National Bureau of Economic Research - 2022
The mental health of the elderly in low- and middle-income countries (LMICs) is a largely neglected subject, both by policy and research. We combine data from the health and retirement family of surveys in seven LMICs (plus the US) to document that depressive symptoms among those aged 55 and...
Persistent link: https://www.econbiz.de/10013388786
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The Social Tax : Redistributive Pressure and Labor Supply
Carranza Noguera, Eliana; Donald, Aletheia; Grosset, Florian - National Bureau of Economic Research - 2022
In low-income communities, pressure to share income with others may disincentivize work, distorting labor supply. We document that across countries, social groups that undertake more interpersonal transfers work fewer hours. Using a field experiment, we enable piece-rate factory workers in Côte...
Persistent link: https://www.econbiz.de/10013388794
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A Framework for Economic Growth with Capital-Embodied Technical Change
Jones, Benjamin F.; Liu, Xiaojie - National Bureau of Economic Research - 2022
Technological advance is often embodied in capital inputs. This paper develops a model where capital innovations occur on two margins: (1) vertically, where a capital input becomes more productive at a given task; and (2) horizontally, where a capital input replaces labor at a given task. These...
Persistent link: https://www.econbiz.de/10013388815