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The Effect of Foreign Aid on Income Inequality: Evidence from Panel Cointegration

Herzer, Dierk; Nunnenkamp, Peter - Institut für Weltwirtschaft (IfW) - 2012

This paper examines the long-run effect of foreign aid on income inequality for 21 recipient countries using panel … cointegration techniques to control for omitted variable and endogeneity bias. We find that aid exerts an inequality increasing …

Persistent link: https://www.econbiz.de/10010886909

Conflict-induced displacement and labour market outcomes: evidence from post-war Bosnia and Herzegovina

Kondylis, Florence - London School of Economics (LSE) - 2007

This study uses a longitudinal data source to study the effects of conflict-induced displacement on labour market outcomes for Bosnians in post-war Bosnia and Herzegovina. To account for endogeneity in the displacement status, I exploit the fact that the level of violence in the pre-war...

Persistent link: https://www.econbiz.de/10010746697

Measuring income risk

Burgess, Simon; Gardiner, Karen; Jenkins, Stephen P.; … - London School of Economics (LSE) - 2000

We provide a critique of the methods that have been used to derive measures of income risk and draw attention to the importance of demographic factors as a source of income risk. We also propose new measures of the contribution to total income risk of demographic and labour market factors....

Persistent link: https://www.econbiz.de/10011126475

Whole-household Migration, Inequality and Poverty in Rural Mexiko

Arslan, Aslihan; Taylor, J. Edward - Institut für Weltwirtschaft (IfW) - 2011

Whole-household migration potentially can alter the results of studies on income inequality based on panel data if it … selects on household income. We model whole-household migration and its impacts on income inequality and poverty using a … effects of attrition on panel data studies. We also analyze the changes in inequality and poverty due to whole …

Persistent link: https://www.econbiz.de/10009365866

Cross-country growth comparison : theory to empirics

Quah, Danny - London School of Economics (LSE) - 2000

This paper reviews the cross-country record of economic growth, using as organizing framework how economic theory has guided that empirical analysis. The paper argues that recent studies of economic growth—both empirical and theoretical—distinguish from previous work in three distinct...

Persistent link: https://www.econbiz.de/10011071327

Efficient inference on fractionally integrated panel data models with fixed effects

Robinson, Peter M.; Velasco, Carlos - London School of Economics (LSE) - 2015

A dynamic panel data model is considered that contains possibly stochastic individual components and a common stochastic time trend that allows for stationary and nonstationary long memory and general parametric short memory. We propose four different ways of coping with the individual effects...

Persistent link: https://www.econbiz.de/10011171755

Investigating rationality in wage-setting

Bhalotra, Sonia - London School of Economics (LSE) - 1998

This paper investigates the efficiency wage hypothesis and derives a tractable expression for the profit loss incurred by deviations from the efficiency wage. The extent of the wage deviation can be inferred from production function parameters. The resulting profit loss shown to depend upon the...

Persistent link: https://www.econbiz.de/10010928709

Uncertainty and investment dynamics

Van Reenen, John; Bloom, Nick; Bond, Steve - London School of Economics (LSE) - 2006

This paper shows that, with (partial) irreversibility, higher uncertainty reduces the impact effect of demand shocks on investment. Uncertainty increases real option values making firms more cautious when investing or disinvesting. This is confirmed both numerically for a model with a rich mix...

Persistent link: https://www.econbiz.de/10010928730

Minority representation and policy choices: the significance of legislator identity

Pande, Rohini - London School of Economics (LSE) - 1999

Disadvantaged groups tend also to constitute population minorities. One consequence of this is that the policies implemented by electorally accountable governments often fail to reflect minority interests. A policy solution is to enhance the political power of minority groups as a vehicle for...

Persistent link: https://www.econbiz.de/10010928746

Determinants of the weight for leisure in preferences

Elgin, Ceyhun; Yucel, Emekcan - Institut für Weltwirtschaft (IfW) - 2013

In this paper, the authors investigate the determinants of weight for leisure in preferences. First, using a dynamic general equilibrium model, they back out the weight for leisure for an unbalanced panel of 52 countries over the period from 1950 to 2009. Then, the authors perform several panel...

Persistent link: https://www.econbiz.de/10010956054