Showing 1 - 10 of 266
The effect of the distribution of political rights on income inequality has been studied both theoretically and empirically. The authors review the existing literature and, in particular, the available empirical evidence. The literature suggests that formal exclusion from the political process...
Persistent link: https://www.econbiz.de/10012573147
This paper analyzes the effects of land market restrictions on structural change from agriculture to non-farm in a rural economy. This paper develops a theoretical model that focuses on higher migration costs due to restrictions on alienability, and identifies the possibility of a reverse...
Persistent link: https://www.econbiz.de/10012571384
Using newly collected national and sub-national data, and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present income differences, and, in...
Persistent link: https://www.econbiz.de/10012573512
This paper studies external sovereign bonds as an asset class. It compiles a new database of 266,000 monthly prices of foreign-currency government bonds traded in London and New York between 1815 (the Battle of Waterloo) and 2016, covering up to 91 countries. The main insight is that, as in...
Persistent link: https://www.econbiz.de/10013255326
This paper reviews the impact of financial inclusion on economic development outcomes. It highlights the benefits of financial inclusion, including greater savings, improved resilience to economic shocks, and higher levels of economic empowerment, among others. It looks deeper into both the...
Persistent link: https://www.econbiz.de/10015198166
impacts are underrecognized due to measurement and valuation challenges. Cities in India are developing Heat Action Plans that …
Persistent link: https://www.econbiz.de/10015179246
that estimates the economic costs of the caste system in particular environments: (1) In North India, discrimination … lower-caste children enrolled in English-language schools in Mumbai after India opened itself up to the world market grew …
Persistent link: https://www.econbiz.de/10012570656
This paper estimates the welfare impact of rural electrification in India using nationally representative household ….6 percent increase in income. The net gain from both increasing the access rate and reducing power outages in rural India is … estimated to be US$11 billion a year. Moreover, India's rural electrification policy appears to be progressive because lower …
Persistent link: https://www.econbiz.de/10012570717
This paper analyzes analyze the impact of deregulatory reforms in India during the 1990s, which eliminated compulsory …
Persistent link: https://www.econbiz.de/10012570722
universal. The paper reports the results of a field experiment in India in which pairs of men from high and low castes …
Persistent link: https://www.econbiz.de/10012570820