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Worldwide, 1.6 million girls are "missing" at birth every year. One policy tool to improve the sex ratio is a conditional cash transfer that pays parents to invest in daughters, but existing evidence on their effectiveness is sparse. Using a difference-in-differences framework, we evaluate the...
Persistent link: https://www.econbiz.de/10012587805
This paper nowcasts the Euro-Dollar short-run exchange rate by using a MF-TVP-FAVAR model.We adopt a flexible modelling approach that adjusts for structuralbreaks in the data and money demand instability; it also prevents information loss due to variablesbeing quoted at mixed frequencies. We...
Persistent link: https://www.econbiz.de/10014239096
We investigate the effects of US federal spending news on the S&P 500 stock price index using a Mixed Frequency Time-Varying Parameters Factor Augmented Vector Autoregressive (MF-TVP-FAVAR) model. Unlike previous studies that rely on media coverage of spending changes and use indirect spending...
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Local politicians can function as crucial intermediaries between voters and party bosses in a clientelistic network. We study their role by matching data on 300 million welfare payments in the Indian state of West Bengal to village-level election returns. Local politicians systematically...
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This paper uses the concept of ethnic self-identification of immigrants in a twodimensional framework. It acknowledges the fact that attachments to the home and the host country are not necessarily mutually exclusive. There are three possible paths of adjustment from separation at entry, namely...
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