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Acquisitions, Management, and Efficiency in Rwanda's Coffee Industry
Macchiavello, Rocco; Morjaria, Ameet - National Bureau of Economic Research - 2022
of ownership changes on coffee mills in Rwanda - an industry in which managing relationships with farmers and seasonal …
Persistent link: https://www.econbiz.de/10013334447
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The Effects of Fair Trade Certification : Evidence from Coffee Producers in Costa Rica
Dragusanu, Raluca - 2018
We examine the effects of Fair Trade (FT) certification of coffee on producers and households in Costa Rica. Examining … the production dynamics of the universe of Costa Rican coffee mills from 1999-2014, we find that FT certification is … associated with a higher sales price, greater sales, and more revenues. As expected, these effects are greater when global coffee …
Persistent link: https://www.econbiz.de/10012453454
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Measuring Real Economic Effects of Bailouts : Historical Perspectives on How Countries in Financial Distress Have Fared With and Without Bailouts
Bordo, Michael D. - 2000
In this paper we first trace the changing nature of banking, currency and debt crises from the last century to the present. Each type of crisis has transmogrified in the presence of official intervention and the creation of a safety net. A similar pattern is observed for international rescue...
Persistent link: https://www.econbiz.de/10012471060
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Electoral Turnovers
Marx, Benjamin M.; Pons, Vincent; Rollet, Vincent - National Bureau of Economic Research - 2022
In most national elections, voters face a key choice between continuity and change. Electoral turnovers occur when the incumbent candidate or party fails to win reelection. To understand how turnovers affect national outcomes, we study the universe of presidential and parliamentary elections...
Persistent link: https://www.econbiz.de/10012938735
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Arbitrage Capital of Global Banks
Anderson, Alyssa G.; Du, Wenxin; Schlusche, Bernd - National Bureau of Economic Research - 2021
We show that the role of unsecured, short-term wholesale funding for global banks has changed significantly in the post-financial-crisis regulatory environment. Global banks mainly use such funding to finance liquid, near risk-free arbitrage positions--in particular, the interest on excess...
Persistent link: https://www.econbiz.de/10012510537
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The Intergenerational Mortality Tradeoff of COVID-19 Lockdown Policies
Ma, Lin; Shapira, Gil; De Walque, Damien; Đỗ-Quý-Toàn - National Bureau of Economic Research - 2021
In lower-income countries, the economic contractions that accompany lockdowns to contain the spread of COVID-19 can increase child mortality, counteracting the mortality reductions achieved by the lockdown. To formalize and quantify this effect, we build a macro-susceptible-infected-recovered...
Persistent link: https://www.econbiz.de/10012585409
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External Balance Sheets and the COVID-19 Crisis
Hale, Galina; Juvenal, Luciana - National Bureau of Economic Research - 2021
At the onset of the COVID-19 economic crisis, as in other crisis episodes, the flight to safety was accompanied by a rapid appreciation of "safe haven" currencies. We quantify currency-induced balance sheet effects for total external positions as well as for individual asset classes using new...
Persistent link: https://www.econbiz.de/10012629497
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Fiscal Policy in the Age of COVID : Does it ‘Get in all of the Cracks?'
Gourinchas, Pierre-Olivier; Kalemli-Ozcan, Sebnem; … - National Bureau of Economic Research - 2021
We study the effects of fiscal policy in response to the COVID-19 pandemic at the firm, sector, country and global level. First, we estimate the impact of COVID-19 and policy responses on small and medium sized enterprise (SME) business failures. We combine firm-level financial data from 50...
Persistent link: https://www.econbiz.de/10012629513
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Fiscal Stimulus and Commercial Bank Lending Under COVID-19
Aizenman, Joshua; Jinjarak, Yothin; Spiegel, Mark - National Bureau of Economic Research - 2022
We investigate the implications of extra-normal government spending under the COVID-19 pandemic for commercial bank lending growth between 2019Q4 and 2020Q4 in a large sample of over 3000 banks from 71 countries. We control for pre-pandemic structural factors, bank characteristics and government...
Persistent link: https://www.econbiz.de/10013172181
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Pollution Trends and US Environmental Policy : Lessons from the Last Half Century
Shapiro, Joseph S. - National Bureau of Economic Research - 2021
This article proposes and evaluates four hypotheses about US pollution and environmental policy over the last half century. First, air and water pollution have declined substantially, although greenhouse gas emissions have not. Second, environmental policy explains a large share of these trends....
Persistent link: https://www.econbiz.de/10012696387