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Global attention to ending child marriage and its socio-economic consequences is gaining momentum. Ending child … marriage is not only critical from a development perspective but it also has important economic implications. This paper is the … first to quantify the relationship between child marriage and economic growth. Applying a simultaneous equations model, the …
Persistent link: https://www.econbiz.de/10012170160
This paper theoretically and empirically investigates the role of spousal labor in buffering transitory shocks to husbands'' earnings. To measure the amount of the shock that spousal labor absorbs, an instrumented cross-sectional variance decomposition is developed. Using data from the Panel...
Persistent link: https://www.econbiz.de/10014401440
Lockdowns and voluntary social distancing led to significant reduction in people's mobility. Yet, there is scant … evidence on the heterogeneous effects across segments of the population. Using unique mobility indicators based on anonymized … mobility of women and younger cohorts. Younger people also experienced a sharper drop in mobility in response to rising COVID …
Persistent link: https://www.econbiz.de/10012486075
The coexistence of urban and rural poverty and migration to cities is studied in a dual economy model where the acquisition of skills is costly and involves migration to urban areas. In this model, both the distribution of innate abilities and the distribution of wealth matter for the migration...
Persistent link: https://www.econbiz.de/10014401291
This paper reviews the evidence on how households in Sub-Saharan Africa segment along consumption, income and earning dimensions relevant for quantitative macroeconomic policy models which incorporate heterogeneity. Key findings include the importance of home-grown food in the income and...
Persistent link: https://www.econbiz.de/10014412103
As China implements reforms under the "new normal," maintaining stability in the labor market is a priority. The country's demography and labor dynamics are changing, after benefitting in past decades from ample cheap labor. So far, the labor market appears to be resilient, even as growth slows,...
Persistent link: https://www.econbiz.de/10011374776
Using high-frequency proxies for economic activity over a large sample of countries, we show that the economic crisis during the first seven months of the COVID-19 pandemic was only partly due to government lockdowns. Economic activity also contracted because of voluntary social distancing in...
Persistent link: https://www.econbiz.de/10012392498
regions. The rise in inequality is related to declining incentives for interregional labor mobility, especially for poor …
Persistent link: https://www.econbiz.de/10012102220
This paper develops and estimates a general equilibrium rational expectations model with search and multiple equilibria …
Persistent link: https://www.econbiz.de/10014411218