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Lefgren, Lars - 2014

formalize this cognitive bias in a simple model of distorted Bayesian updating. We then examine strategy changes made by … professional basketball coaches. We find they are more likely to revise their strategy after a loss than a win — even for narrow … losses, which are uninformative about team effectiveness. This increased strategy revision following a loss occurs even when …

Persistent link: https://www.econbiz.de/10013057089

Declining fertility and economic well-being: Do education and health ride to the rescue?

Prettner, Klaus; Bloom, David E.; Strulik, Holger - 2012

It is widely argued that declining fertility slows the pace of economic growth in industrialized countries through its negative effect on labor supply. There are, however, theoretical arguments suggesting that the effect of falling fertility on effective labor supply can be offset by associated...

Persistent link: https://www.econbiz.de/10010282140

Health Financing Mechanisms, Access to Health and Economic Growth

Bender, Katja - 2011

The paper analyzes the comparative effects of alternative health financing mechanisms on economic growth within a two-sector model with human capital. The transitional growth effects of a social insurance system are stronger than those of an out-of-pocket payment system. A private health...

Persistent link: https://www.econbiz.de/10011918480

Climate Changes Affect Human Capital

Caruso, Germán; De Marcos, Inés; Noy, Ilan - 2023

Climate change severely impacts critical facets of human capital across the life cycle. This is particularly alarming as both the frequency and intensity of extreme weather shocks continue to increase, and extremes appear to be the main channel of causality. At the same time, human capital has a...

Persistent link: https://www.econbiz.de/10014357808

Inequality, infrastructure, and institutions : empirical studies in public economics and political economy

Dorn, Florian - 2021

Florian Dorn erstellte diesen Beitrag während seines Promotionsstudiums an der Universität München (LMU). Die Studie wurde im September 2020 abgeschlossen und von der Fakultät für Volkswirtschaftslehre als Dissertation angenommen. Die Dissertation trägt zur Empirie der Ökonomie des...

Persistent link: https://www.econbiz.de/10012807266

Estimating Macroeconomic Models of Financial Crises : An Endogenous Regime Switching Approach

Benigno, Gianluca - 2020

We estimate a workhorse DSGE model with an occasionally binding borrowing constraint. First, we propose a new specification of the occasionally binding constraint, where the transition between the unconstrained and constrained states is a stochastic function of the leverage level and the...

Persistent link: https://www.econbiz.de/10012847242

South Asia/Frontier Growth Dynamics and Income-Health Relationships

Kant, Chander - 2019

South Asian (SA) countries' growth-dynamics since 1951 is examined and compared using the annual catch-up index. Their growth is more volatile than 89 countries' sample studied earlier. It does not experience a stable phase, is sharply divergent, and the country that grows fastest for two...

Persistent link: https://www.econbiz.de/10012897601

Untimely Destruction : Pestilence, War and Accumulation in the Long Run

Bell, Clive - 2019

This paper analyses the effects of disease and war on the accumulation of human and physical capital. We employ an overlapping-generations frame-work in which young adults, confronted with such hazards and motivated by old-age provision and altruism, make decisions about investments in schooling...

Persistent link: https://www.econbiz.de/10012861271

An Assessment of the Marginalizing Impact of Poor Governance on the Efficacy of Public Health Expenditure in LMICS

Murshed, Muntasir - 2018

The multidimensional role of good governance is believed to be central in achieving the development agendas all over the globe. Good governance laid the foundation moving from the Millennium Development Goals (MDGs) to the Sustainable Development Goals (SDGs) agenda which acknowledged the key...

Persistent link: https://www.econbiz.de/10012932013

Insurance and propagation in village networks

Kinnan, Cynthia; Krislert Samphantharak; Townsend, Robert M. - 2020

In village economies, insurance networks are key to smoothing shocks, while production networks can propagate them. The interplay of these networks is crucial. We show that a significant health expenditure shock to one household propagates to other linked households via supply-chain and labor...

Persistent link: https://www.econbiz.de/10012587539