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Are Chinese Growth and Inflation Too Smooth? Evidence from Engel Curves
Nakamura, Emi - 2014
China has experienced remarkably stable growth and inflation in recent years according to official statistics. We …
Persistent link: https://www.econbiz.de/10012458771
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How Economic Development Influences the Environment
Jayachandran, Seema - National Bureau of Economic Research - 2021
Reducing global poverty and addressing climate change and other environmental crises are among the most important challenges facing humanity today. This review article discusses one way in which these problems are intertwined: economic development affects the environment. I synthesize recent...
Persistent link: https://www.econbiz.de/10012616638
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When is Debt Odious? A Theory of Repression and Growth Traps
Acharya, Viral V. - 2020
How is a developing country affected by its odious government's ability to borrow in international markets? We examine the dynamics of a country's growth, consumption, and sovereign debt, assuming that the government is myopic and wants to maximize short-term, socially unproductive, spending....
Persistent link: https://www.econbiz.de/10012481804
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Uncertain Outcomes and Climate Change Policy
Pindyck, Robert S. - 2009
Focusing on tail effects, I incorporate distributions for temperature change and its economic impact in an analysis of climate change policy. I estimate the fraction of consumption w*(tau) that society would be willing to sacrifice to ensure that any increase in temperature at a future point is...
Persistent link: https://www.econbiz.de/10012463391
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Global Rebalancing with Gravity : Measuring the Burden of Adjustment
Dekle, Robert - 2008
We use a forty-two country model of production and trade to assess the implications of eliminating current account imbalances for relative wages, relative GDP's, real wages, and real absorption. How much relative GDP's need to change depends on flexibility of two forms: factor mobility and the...
Persistent link: https://www.econbiz.de/10012464800
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Growth Volatility and Financial Liberalization
Bekaert, Geert - 2004
We examine the effects of both equity market liberalization and capital account openness on real consumption growth variability. We show that financial liberalization is mostly associated with lower consumption growth volatility. Our results are robust, surviving controls for business-cycle...
Persistent link: https://www.econbiz.de/10012468133
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Measuring Poverty in a Growing World (or Measuring Growth in a Poor World)
Deaton, Angus - 2003
large countries, particularly India, China, and the US. In consequence, measured poverty has fallen less rapidly than …
Persistent link: https://www.econbiz.de/10012468876
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Consumption Growth Parallels Income Growth : Some New Evidence
Carroll, Chris - 1989
This paper argues that the versions of both permanent income and life-cycle theories which have recently become fashionable are inconsistent with the grossest features of cross-country and cross-section data on consumption and income. There is clear evidence that consumption and income growth...
Persistent link: https://www.econbiz.de/10012475955
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To Go Electric or To Burn Coal? A Randomized Field Experiment of Informational Nudges
Fang, Hanming; Li, King King; Shen, Peiyao - National Bureau of Economic Research - 2023
Coal heating in residential homes is an important source of indoor air pollution, leading to detrimental health effects …. We conduct a randomized field experiment in northern China using three types of SMS campaigns targeting three potential … electricity expenses; a Health SMS campaign, aimed at addressing the underestimation of health damage associated with coal heating …
Persistent link: https://www.econbiz.de/10014436972
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Further Comments on The Impact of the Asian Miracle on the Theory of Economic Growth
Fogel, Robert W. - 2010
China during the four decades between 2000 and 2040. The first concerns the source of the factors which make it likely that … China will continue to grow at a high rate for another generation. The paper argues that this growth will be the result of …
Persistent link: https://www.econbiz.de/10012462930