Showing 151 - 160 of 721
"The 21st century will witness the collision of two powerful forces - burgeoning population growth coupled with a changing climate. With population growth, water scarcity will proliferate to new areas across the globe. With climate change, rainfall will become more fickle, with longer and deeper...
Persistent link: https://www.econbiz.de/10011754298
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Do household consumption-smoothing strategies in poor countries entail significant long-run costs in terms of reduced human capital? This paper exploits the timing of monsoon rainfall shocks and the seasonal nature of agriculture to isolate income effects on early childhood anthropometric...
Persistent link: https://www.econbiz.de/10012558131
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India started the implementation of a rural public works program in 2006, covering all districts of the country within three years. The program quarantees 100 days of employment per year at minimum wage to each rural household on demand, with the goal of reducing joblessness and poverty. We...
Persistent link: https://www.econbiz.de/10012456178
This paper tests for downward nominal wage rigidity by examining transitory shifts in labor demand, generated by rainfall shocks, in 600 Indian districts from 1956-2009. Nominal wages rise in response to positive shocks but do not fall during droughts. In addition, transitory positive shocks...
Persistent link: https://www.econbiz.de/10012457896
We estimate the general-equilibrium labor market effects of a large-scale randomized intervention in which we designed and marketed a rainfall index insurance product across three states in India. Marketing agricultural insurance to both cultivators and to agricultural wage laborers allows us to...
Persistent link: https://www.econbiz.de/10012458852
We look at the effects of rainfall forecasts and realized rainfall on equilibrium agricultural wages over the course of the agricultural production cycle. We show theoretically that a forecast of good weather can lower wages in the planting stage, by lowering ex ante out-migration, and can...
Persistent link: https://www.econbiz.de/10012458855
Higher wages are generally thought to increase human capital production especially in the developing world. We show that human capital investment is procyclical in early life (in utero to age 3), but then becomes countercyclical. We argue this countercyclical effect is caused by families...
Persistent link: https://www.econbiz.de/10012459522
This paper estimates the effect of individual responsibility on economic development using an instrument derived from rainfall data. I argue that a taste for collective responsibility was adaptive in preindustrial societies that were exposed to high levels of agricultural risk, and that these...
Persistent link: https://www.econbiz.de/10014126372