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Compared to a half-century ago, inequality in the United states has risen and measured productivity growth has fallen. Concerns about rising inequality have been exacerbated by the observation that prices of goods consumed by the poor have risen faster than prices of goods consumed by the rich....
Persistent link: https://www.econbiz.de/10014248014
were 0.2 sd higher in public schools. We find evidence of an education multiplier: test scores in private schools were also … 0.2 sd higher in treated markets. Consistent with standard models of product differentiation, the education multiplier …
Persistent link: https://www.econbiz.de/10014226126
We use a panel survey of ~19,000 primary-school-aged children in rural Tamil Nadu to study 'learning loss' after COVID-19-induced school closures, and the pace of recovery after schools reopened. Students tested in December 2021 (18 months after school closures) displayed learning deficits of...
Persistent link: https://www.econbiz.de/10013435114
Social accountability offers a viable alternative to top-down supervision of service delivery in remote areas when travel cost renders the latter ineffective. However, this bottom-up approach may not be effective when the community has weak authority relative to the service provider. This paper...
Persistent link: https://www.econbiz.de/10013477250
We study the demand for government participation in China's venture capital and private equity market. We conduct a large-scale, non-deceptive field experiment in collaboration with the leading industry service provider, through which we survey both sides of the market: the capital investors and...
Persistent link: https://www.econbiz.de/10013334380
Manufacturing generates very little employment in the developing world. Urban jobs are predominantly informal, unproductive, and in services. It seems unlikely that manufacturing will be able to absorb the new increments to the labor force or create more productive jobs for those that are...
Persistent link: https://www.econbiz.de/10014635701
In most societies, a small number of people commit the most serious violence. Short-term studies have shown that cognitive behavioral therapy (CBT) can reduce such antisocial behaviors. These behavior changes may be temporary, however, especially from therapy on its own. This is unsettled,...
Persistent link: https://www.econbiz.de/10013210077
Across countries, education and democracy are highly correlated. We motivate empirically and then model a causal … civic participation, including voting and organizing. In the battle between democracy and dictatorship, democracy has a wide … base. As education raises the benefits of civic participation, it raises the support for more democratic regimes relative …
Persistent link: https://www.econbiz.de/10012466541
This paper develops a novel method to identify the causal contribution of managers to team performance. The method requires repeated random assignment of managers to multiple teams and controls for individuals' skills. A good manager is someone who consistently causes their team to produce more...
Persistent link: https://www.econbiz.de/10014635662
Entitlement programs have become an increasing component of total government spending in the US over the last six decades. To some observers, this growth of the welfare state is excessive and unwarranted. To others, it is a welcome counter-acting force to the rapid increase in income inequality....
Persistent link: https://www.econbiz.de/10013210072