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"This paper proposes that individuals care about the relative income of proximate reference groups. Making use of self …-reported life satisfaction as a proxy for unobservable utility, the relative income of siblings is tested for relevance as a … reference point for new sample data from Venezuela. Having greater perceived income than one's siblings is found to be …
Persistent link: https://www.econbiz.de/10011394114
"Formal and informal commercial sex work is a way of life for many poor women in developing countries. Though sex workers have long been identified as crucial in affecting the spread of HIV/AIDS, particularly in Sub-Saharan Africa, the nature of sex-for-money transactions remains poorly...
Persistent link: https://www.econbiz.de/10011394151
contributed to raise purchase prices and the cash income of vanilla farmers. But the effect on farmers' consumption remains small …
Persistent link: https://www.econbiz.de/10010522083
"The "developing world's middle class" is defined here as those who are not poor when judged by the median poverty line of developing countries, but are still poor by US standards. The "Western middle class" is defined as those who are not poor by US standards. Although barely 80 million people...
Persistent link: https://www.econbiz.de/10011394110
"Every year, around 60,000 people die worldwide in natural disasters. The majority of the deaths are caused by building collapse in earthquakes, and the great majority occurs in the developing world. This is despite the fact that engineering solutions exist that can almost completely eliminate...
Persistent link: https://www.econbiz.de/10011394117
"The majority of economic decisions taken by individuals are forward looking and thus involve their expectations of future outcomes. Understanding the expectations that individuals have is thus of crucial importance to designing and evaluating policies in health, education, finance, migration,...
Persistent link: https://www.econbiz.de/10011394118
"The economies of small developing states tend to be more fragile than those of large ones. This paper examines this issue in a dynamic context by focusing on the impact of the brain drain on North-South trade-related technology diffusion and total factor productivity growth in small and large...
Persistent link: https://www.econbiz.de/10011394122
"Private debt flows to developing countries surged to record levels over the period 2003-07. A few low-income countries … middle-income countries. Most low-income countries still heavily depend on concessional loans and grants from the official … sector to meet their financing needs. The paper provides an overview of low-income countries' access to cross-border bank …
Persistent link: https://www.econbiz.de/10011394123
"The authors use an original data set covering more than 400 recent natural disasters to analyze the determinants of international emergency aid. Although humanitarian need is a major determinant of emergency relief payments, the results imply that political and strategic factors play a crucial...
Persistent link: https://www.econbiz.de/10011394133