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Labeled loans and human capital investments

Augsburg, Britta; Caeyers, Bet; Giunti, Sara; Malde, Bansi - 2023

Imperfect capital markets and commitment problems impede lumpy human capital investments. Labeled loans have been postulated as a potential solution to both constraints, but little is known about the role of the label in influencing investment choices in practice. We draw on a cluster randomized...

Persistent link: https://www.econbiz.de/10014371953

Understanding the growth of the middle class in Bolivia

Beverinotti, Javier; Canavire-Bacarreza, Gustavo; … - 2021

In this paper we aim to disentangle how sectoral economic growth affects the size of the middle class, using state-level data of Bolivia from 2000 to 2017 and breaking the three main economic activities into subsectors to attain more-specific results. Because the data from Bolivia are limited,...

Persistent link: https://www.econbiz.de/10012599748

Insurance, redistribution, and the inequality of lifetime income

Haan, Peter; Kemptner, Daniel; Prowse, Victoria; … - 2023

Individuals vary considerably in how much they earn during their lifetimes. This study examines the role of the tax-and-transfer system in mitigating such inequalities, which could otherwise lead to disparities in living standards. Utilizing a life-cycle model, we determine that taxes and...

Persistent link: https://www.econbiz.de/10014419242

Strong subjectivism in the Marxian theory of exploitation : a critique

Veneziani, Roberto; Yoshihara, Naoki - 2009

This paper critically analyses the strongly subjectivist approach to exploitation theory recently proposed by Matsuo ([7]), in the context of general convex economies with heterogeneous agents. It is proved that the Fundamental Marxian Theorem is not preserved in his subjectivist approach,...

Persistent link: https://www.econbiz.de/10003933905

Sorting in public school districts under the Boston Mechanism

Calsamiglia, Caterina; Martinez-Mora, Francisco; … - 2017

Persistent link: https://www.econbiz.de/10011631066

Bobos in paradise : urban politics and the new economy

Saint-Paul, Gilles - 2015

Persistent link: https://www.econbiz.de/10011671345

Finding common ground when experts disagree : belief dominance over portfolios of alternatives

Baker, Erin; Bosetti, Valentina; Salo, Ahti A. - 2016

dominance as a way to derive a set of non-dominated portfolios and robust individual alternatives. Our approach departs from the … tradition of providing a single recommended portfolio; rather, it derives a group of good portfolios. The belief dominance … how the belief dominance concept can reveal portfolios and alternatives that would otherwise remain uncovered. …

Persistent link: https://www.econbiz.de/10011504367

Specialization and trade : the perspective of club and local public good theories

Pines, David - 1997

Persistent link: https://www.econbiz.de/10000956935

Rethinking the political economy of decentralization : how elections and parties shape the provision of local public goods

Ponce Rodríguez, Raúl A.; Hankla, Charles R.; … - 2012

Persistent link: https://www.econbiz.de/10009658194

Rethinking the political economy of decentralization : how elections and parties shape the provision of local public goods

Ponce Rodríguez, Raúl A.; Hankla, Charles R.; … - 2016

Persistent link: https://www.econbiz.de/10011560501

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