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Duflo, Esther; Pande, Rohini - C.E.P.R. Discussion Papers - 2005

The construction of large dams is one of the most costly and controversial forms of public infrastructure investment in … estimates suggest that large dam construction in India is a marginally cost-effective investment with significant distributional …

Persistent link: https://www.econbiz.de/10005656412

Education, HIV, and Early Fertility: Experimental Evidence from Kenya

Duflo, Esther; Dupas, Pascaline; Kremer, Michael - C.E.P.R. Discussion Papers - 2015

A seven-year randomized evaluation suggests education subsidies reduce adolescent girls’ dropout, pregnancy, and marriage but not sexually transmitted infection (STI). The government’s HIV curriculum, which stresses abstinence until marriage, does not reduce pregnancy or STI. Both programs...

Persistent link: https://www.econbiz.de/10011145417

A Theory of Employment Guarantees: Contestability, Credibility and Distributional Concerns

Basu, Arnab K; Chau, Nancy H; Kanbur, Ravi - C.E.P.R. Discussion Papers - 2006

This paper develops a theory of employment guarantees when labor markets are imperfect and when the credibility of government policy announcements could be in doubt. The basic feature of an EGS is that any individual who satisfies a set of specified criteria is guaranteed public employment at a...

Persistent link: https://www.econbiz.de/10005666558

Happiness on Tap: Piped Water Adoption in Urban Morocco

Devoto, Florencia; Duflo, Esther; Dupas, Pascaline; … - C.E.P.R. Discussion Papers - 2011

We study the demand for household water connections in urban Morocco, and the effect of such connections on household welfare. In the northern city of Tangiers, among homeowners without a private connection to the city’s water grid, a random subset was offered a simplified procedure to...

Persistent link: https://www.econbiz.de/10008915808

Repayment incentives and the distribution of gains from group lending

Baland, Jean-Marie; Somanathan, Rohini; Wahhaj, Zaki - C.E.P.R. Discussion Papers - 2011

model in which there is a single investment project and access to credit is limited by weak repayment incentives. We show …

Persistent link: https://www.econbiz.de/10008854489

Community-based Development and Poverty Alleviation: An Evaluation of China’s Poor Village Investment Program

Park, Albert; Wang, Sangui - C.E.P.R. Discussion Papers - 2010

We conduct the first systematic evaluation of the world’s largest community-based development program--China’s flagship poverty alleviation program began in 2001 which finances public investments in designated poor villages based on participatory village planning. We use matching methods and...

Persistent link: https://www.econbiz.de/10008468658

White Elephants

Robinson, James A; Torvik, Ragnar - C.E.P.R. Discussion Papers - 2002

Underdevelopment is thought to be about lack of investment, and many political economy theories can account for this …. Yet, there has been much investment in developing countries. The problem has been that investment growth has not led to … output growth. We therefore need to explain not simply underinvestment, but also the misallocation of investment. The …

Persistent link: https://www.econbiz.de/10005123875

A Political Economy Theory of the Soft Budget Constraint

Robinson, James A; Torvik, Ragnar - C.E.P.R. Discussion Papers - 2005

Why do soft budget constraints exist and persist? In this paper we argue that the prevalence of soft budget constraints can be best explained by the political desirability of softness. We develop a political economy model where politicians cannot commit to policies that are not ex post optimal....

Persistent link: https://www.econbiz.de/10005114300

Follow the Money: Methods for Identifying Consumption and Investment Responses to a Liquidity Shock

Karlan, Dean S.; Osman, Adam; Zinman, Jonathan - C.E.P.R. Discussion Papers - 2013

Identifying the impacts of liquidity shocks on spending decisions is difficult methodologically but important for theory, practice, and policy. Using seven different methods on microenterprise loan applicants, we find striking results. Borrowers report uses of loan proceeds strategically, and...

Persistent link: https://www.econbiz.de/10011083720

Continued Existence of Cows Disproves Central Tenets of Capitalism?

Anagol, Santosh; Etang, Alvin; Karlan, Dean S. - C.E.P.R. Discussion Papers - 2013

We examine the returns from owning cows and buffaloes in rural India. We estimate that when valuing labor at market wages, households earn large, negative average returns from holding cows and buffaloes, at negative 64% and negative 39% respectively. This puzzle is mostly explained if we value...

Persistent link: https://www.econbiz.de/10011083843