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Agénor, Pierre-Richard - 2007

This paper studies the impact of aid volatility in a two-period model where production may occur with either a … modern technology to be used. The possibility of a poverty trap induced by high aid volatility is first examined in a …-period contingency fund) financed through taxation. An increase in aid volatility is shown to raise the optimal contingency fund. But if …

Persistent link: https://www.econbiz.de/10012465250

Donor Contracting Conditions and Public Procurement : Causal Evidence from Kenyan Electrification

Wolfram, Catherine; Miguel, Edward; Hsu, Eric; … - National Bureau of Economic Research - 2023

There is limited causal evidence on the effects of different public procurement regulations on project quality and value-for-money for projects funded by national governments and foreign aid donors. This paper uses policy and experimental variation to study how two key contracting...

Persistent link: https://www.econbiz.de/10014226145

Climate Change, Directed Innovation, and Energy Transition : The Long-run Consequences of the Shale Gas Revolution

Acemoglu, Daron; Aghion, Philippe; Barrage, Lint; … - National Bureau of Economic Research - 2023

We investigate the short- and long-term effects of a natural gas boom in an economy where energy can be produced with coal, natural gas, or clean sources and the direction of technology is endogenous. In the short run, a natural gas boom reduces carbon emissions by inducing substitution away...

Persistent link: https://www.econbiz.de/10014372414

Winners and Losers from the Work-from-Home Technology Boon

Davis, Morris A.; Ghent, Andra C.; Gregory, Jesse M. - National Bureau of Economic Research - 2024

We model how an increase in Work-from-Home (WFH) productivity differentially affects workers using a framework in which some workers cannot work offsite, some are hybrid, and some are completely remote. The improvement in WFH productivity increases housing demand and thus housing prices since...

Persistent link: https://www.econbiz.de/10015171687

Long-Run Comparative Statics

Baqaee, David; Malmberg, Hannes - National Bureau of Economic Research - 2025

What are the long-run effects of permanent changes to the economy? We characterize long-run comparative statics for a broad class of models in terms of expenditure shares, substitution elasticities, and capital supply elasticities. Our key insight is that long-run analysis can be performed using...

Persistent link: https://www.econbiz.de/10015326497

The Dynamics of Agricultural Productivity Gaps : An Open-Economy Perspective

Gollin, Douglas; Lagakos, David; Ma, Xiao; Mandi, Shraddha - National Bureau of Economic Research - 2025

This paper draws on cross-country census data to study how agricultural productivity gaps have evolved over the last four decades. We find little tendency for gaps to decline on average despite global decreases in agricultural employment shares. We analyze the dynamics of agricultural...

Persistent link: https://www.econbiz.de/10015326522

Housing Dynamics : Theory Behind Empirics

Wang, Ping; Xie, Danyang - National Bureau of Economic Research - 2022

To fill the knowledge gap that previous studies ignore either housing or internal urban structure and to enable better fit with important stylized facts, we construct a two-sector optimal growth model of housing where housing is produced by land and housing structure/household durables. We...

Persistent link: https://www.econbiz.de/10013388872

Melitz Meets Lewis : The Impacts of Roads on Structural Transformation and Businesses

Kaboski, Joseph Paul; Lu, Jianyu; Qian, Wei; Ren, Lixia - National Bureau of Economic Research - 2024

This paper examines the impact of roads on structural transformation and business composition theoretically and empirically. We develop a two-sector model of regional trade with endogenous firm entry that highlights two opposing forces. \textit{Ceteris paribus} lower trade costs in...

Persistent link: https://www.econbiz.de/10014544726

Gendered Change : 150 Years of Transformation in US Hours

Ngai, Liwa Rachel; Olivetti, Claudia; Petrongolo, Barbara - National Bureau of Economic Research - 2024

Women's contribution to the economy has been markedly underestimated in predominantly agricultural societies, due to their widespread involvement in unpaid agricultural work. Combining data from the US Census and several early sources, we create a consistent measure of male and female employment...

Persistent link: https://www.econbiz.de/10014544753

Sectoral Development Multipliers

Buera, Francisco; Trachter, Nicholas - National Bureau of Economic Research - 2024

How should industrial policies be directed to reduce distortions and foster economic development? We study this question in a multi-sector model with technology adoption, where the production of goods and modern technologies features rich network structures. We provide simple formulas for the...

Persistent link: https://www.econbiz.de/10014512084