Recent evidence suggests that conditional cash transfer programs for schooling are effective in raising school enrollment and attendance. However, there is also reason to believe that such programs can affect other outcomes, such as the sexual behavior of their young beneficiaries. Zomba Cash...

The relationships between the economic fluctuations of the US and China, the largest developed and developing countries respectively, are very important not only to both countries but also to the world economy. This paper applies a two-country correlated unobserved components model to explore...

This paper provides an historical perspective of the global oil-tanker market, the international tanker fleet, and the major trends in tanker ownership. The available data indicate that outside the OECD, more than half of large tanker capacity is ultimately owned by governments compared to less...

In this paper we examine the quality of the initial estimates of the components of both real and nominal U.S. GDP. We introduce a number of new statistics for measuring the magnitude of changes in the components from the initial estimates available one month after the end of the quarter to the...

This paper presents a model of human recognition, a concept defined as the acknowledgement provided to an individual that he is of inherent value with intrinsic qualities in common with the recognizer. The model describes provision and receipt of human recognition, its contribution to utility,...

This paper examines the impact and potential interactions of health, education and consumption dimensions of persistent poverty at the household level. Our application is to indictors of assets, undernutrition, and illiteracy drawn from the Ethiopia Rural Household Survey (ERHS) panel data set....

We introduce new approaches to research on poverty traps, focusing on changes in patterns of equilibria over time and across regions, applied to the Ethiopia Rural Household Survey. We revisit the incidence of multiple equilibria using new nonparametric techniques; we also emphasize conditions...

This paper introduces the concept of human recognition, defined as the acknowledgement provided to an individual by other individuals, groups, or organizations that he is of inherent value with intrinsic qualities in common with the recognizer. The sources, effects, and qualities of human...

Argentina, once a prominent example of the 'Washington consensus', took dramatic steps to reduce its integration in the world economy in the aftermath of the peso crisis in 2001. This pattern might suggest that the Argentine government would turn aggressively to contingent protection measures...