Showing 1 - 10 of 421
Child labor may impose positive and negative, direct and indirect effects on the long-term development of an individual. This study employs the Brazil Living Standards Measurement Study Survey to examine the long-run consequences of child labor on an adults income, health and educational...
Persistent link: https://www.econbiz.de/10009615261
Child labor may impose positive and negative, direct and indirect effects on the long-term development of an individual. This study employs the Brazil Living Standards Measurement Study Survey to examine the long-run consequences of child labor on an adults income, health and educational...
Persistent link: https://www.econbiz.de/10010334255
Persistent link: https://www.econbiz.de/10011529840
Persistent link: https://www.econbiz.de/10013267883
Contemporary bank governance is criticized for manager-dominated (insider) boards of directors, but from the beginning of the nineteenth century, bank presidents appear also to have operated as chairmen of the boards of directors. However, the managers were constrained by a variety of rules that...
Persistent link: https://www.econbiz.de/10010797418
This paper addresses the estimation of a semiparametric sample selection index model where both the selection rule and the outcome variable are binary. Since the marginal effects are often of primary interest and are difficult to recover in a semiparametric setting, we develop estimators for...
Persistent link: https://www.econbiz.de/10010797419
We furnish conditions on the primitives of a Bayesian game that guarantee the existence of a Bayes-Nash equilibrium. We consider spaces of distributional and behavioral strategies, and highlight the relationship between their respective topologies, which implies that the two spaces are mutually...
Persistent link: https://www.econbiz.de/10010797420
The unique capital structure of commercial banking – funding production with demandable debt that participates in the economy’s payments system – affects various aspects of banking. It shapes banks’ comparative advantage in providing financial products and services to informationally...
Persistent link: https://www.econbiz.de/10010797421
Women who want to work often face many more hurdles than men. This is true in Tajikistan where there is a large gender gap in labour force participation. We highlight the role of two factors – international migration and education – on the labour force participation decision and its gender...
Persistent link: https://www.econbiz.de/10010797422
Despite spending far more on medical care, Americans live shorter lives than the citizens of other high-income countries. The situation has been getting worse for at least three decades. This paper describes the main scientific methods for guiding the allocation of resources to health –...
Persistent link: https://www.econbiz.de/10010797423