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Unconditional Cash Transfers : A Bayesian Meta-Analysis of Randomized Evaluations in Low and Middle Income Countries
Crosta, Tommaso - 2024
We use Bayesian meta-analysis methods to estimate the impact of unconditional cash transfers (UCTs) on twelve primary outcomes from 114 studies of 72 UCT programs in middle and low income countries. Cash transfers generate strong and positive average treatment effects on ten of thirteen...
Persistent link: https://www.econbiz.de/10015056104
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Infrastructure and Urban Form
Glaeser, Edward L. - 2020
Cities are shaped by transportation infrastructure. Older cities were anchored by waterways. Nineteenth century cities … value of investing in transportation infrastructure. Future transportation innovations, including autonomous vehicles and …
Persistent link: https://www.econbiz.de/10012482505
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Innovation Networks and Innovation Policy
Liu, Ernest; Ma, Song - National Bureau of Economic Research - 2021
We study the optimal allocation of R&D resources in an endogenous growth model with an innovation network, through which one sector's past innovations may benefit other sectors' future innovations. First, we provide closed-form sufficient statistics for the optimal path of R&D resource...
Persistent link: https://www.econbiz.de/10012794633
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Which Parts of Globalization Matter for Catch-up Growth?
Romer, Paul M. - 2010
Economists devote too much attention to international flows of goods and services and not enough to international flows of ideas. Traditional trade flows are an imperfect substitute for flows of the underlying ideas. The simplest textbook trade model shows that a welfare-enhancing move toward...
Persistent link: https://www.econbiz.de/10012462900
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Knowledge Transfer Abroad : The Role of U.S. Inventors within Global R&D Networks
Branstetter, Lee - 2018
The location of US multinational foreign R&D has shifted significantly to include emerging markets in addition to traditional Western R&D hubs, resulting in two challenges for multinationals: (1) how to transfer knowledge across geographic distances, and (2) how to facilitate learning when local...
Persistent link: https://www.econbiz.de/10012453261
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Coping with Disaster : The Impact of Hurricanes on International Financial Flows, 1970-2002
Yang, Dean - 2006
How well do countries cope with the aftermath of natural disasters? In particular, do international financial flows help buffer countries in the wake of disasters? This paper focuses on hurricanes (one of the most common and destructive types of disasters), and examines the impact of hurricane...
Persistent link: https://www.econbiz.de/10012465865
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Aid and Growth : What Does the Cross-Country Evidence Really Show?
Rajan, Raghuram G. - 2005
We examine the effects of aid on growth--in cross-sectional and panel data--after correcting for the bias that aid typically goes to poorer countries, or to countries after poor performance. Even after thiscorrection, we find little robust evidence of a positive (or negative) relationship...
Persistent link: https://www.econbiz.de/10012467166
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Why World Redistribution Fails
Kopczuk, Wojciech - 2002
An optimal linear world income tax that maximizes a border-neutral social welfare function provides a drastic reduction … in world consumption inequality, dropping the Gini coefficient from 0.69 to 0.25. In contrast an optimal decentralized (i ….e., within countries) redistribution has miniscule effect on world income inequality. Thus, the traditional public finance …
Persistent link: https://www.econbiz.de/10012469524
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Does the AIDS Epidemic Really Threaten Economic Growth?
Bloom, David E. - 1995
This study examines the claim that the AIDS epidemic will slow the pace of economic growth. We do this by examining the association, across fifty-one developing and industrial countries for which we were able to assemble data, between changes in the prevalence of AIDS and the rate of growth of...
Persistent link: https://www.econbiz.de/10012473734
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Short-Term Capital Flows
Rodrik, Dani - 1999
We provide a conceptual and empirical framework for evaluating the effects of short-term capital flows. A simple model of the joint determination of the maturity and cost of external borrowing highlights the role played by self-fulfilling crises. The model also specifies the circumstances under...
Persistent link: https://www.econbiz.de/10012471420