Showing 1 - 10 of 43
How do banks respond to asset booms? This paper examines i) how U.S. banks responded to the World War I farmland boom; ii) the impact of regulation; and iii) how bank closures exacerbated the post-war bust. The boom encouraged new bank formation and balance sheet expansion (especially by new...
Persistent link: https://www.econbiz.de/10012480811
Large and regular seasonal price fluctuations in local grain markets appear to offer African farmers substantial inter-temporal arbitrage opportunities, but these opportunities remain largely unexploited: small-scale farmers are commonly observed to "sell low and buy high" rather than the...
Persistent link: https://www.econbiz.de/10012453239
We examine whether returns to capital are higher for farmers who borrow than for those who do not, a direct implication of many credit market models. We measure the difference in returns through a two-stage loan and grant experiment. We find large positive investment responses and returns to...
Persistent link: https://www.econbiz.de/10012458279
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
This is the first study to examine the effect of experiencing a widespread, deadly epidemic on voting behavior. Using data on elections to the U.S House of Representatives and leveraging cross-district variation in HIV/AIDS mortality during the period 1983-1987, we document the effects of the...
Persistent link: https://www.econbiz.de/10012481066
participation, party vote shares, and electoral competitiveness. Our identification strategy exploits the precise timing of these … political participation, with one additional newspaper increasing both presidential and congressional turnout by approximately 0 …
Persistent link: https://www.econbiz.de/10012463105
We establish an inverse relationship between family ties and political participation, such that the more individuals … political participation. We also show that strong family ties appear to be a substitute for generalized trust, rather than a … complement to it. These three constructs-civic engagement, political participation, and trust- are part of what is known as …
Persistent link: https://www.econbiz.de/10012463234
Participation of beneficiaries in the monitoring of public services is increasingly seen as a key to improving their … interventions to encourage beneficiaries' participation through these committees: providing information, training community members …
Persistent link: https://www.econbiz.de/10012464307
survey participation, in particular the propensity of people who do volunteer work to respond to surveys at higher rates than …
Persistent link: https://www.econbiz.de/10012464571
Identifying the role of intrinsic, ideological motivation in political behavior is confounded by agents' consequential aims and social concerns. We present results from two experiments that implement a methodology isolating Pakistani men's intrinsic motives for expressing anti-American ideology,...
Persistent link: https://www.econbiz.de/10012458511