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The most-noted studies on the impact of microcredit on households are based on a survey fielded in Bangladesh in the 1990s. Contradictions among them have produced lasting controversy and confusion. Pitt and Khandker (PK, 1998) apply a quasi-experimental design to 1991–92 data; they conclude...
Persistent link: https://www.econbiz.de/10005016407
This paper provides econometric evidence on the prevalence and childhood antecedents of Posttraumatic Stress Disorder (PTSD) using data from a large-scale cross-sectional survey of Vietnam-Era veterans. The empirical strategy accounts for potential errors in the survey PTSD diagnosis using a...
Persistent link: https://www.econbiz.de/10005731451
The COVID-19 pandemic has caused large changes in consumer spending, including how people make their payments. We use data from a nationally representative survey of U.S. consumers collected before COVID in 2018 and 2019 and during COVID in 2020 to analyze changes in consumer payment behavior...
Persistent link: https://www.econbiz.de/10012882644
I study the diffusion process of permanent disinflationary shocks in the Mexican economy using disaggregated price data for 283 goods across 46 cities in the period 1995-2012. I first show that the distribution of shocks shows considerable heterogeneity, with more than 80% of all cases having...
Persistent link: https://www.econbiz.de/10010392370
Different segments of a population affected by the same policy intervention may have different responses. We study the role of equilibrium effects on explaining these differences. Our case study is the government's extension of guarantees during the Great Recession to certain debt issuers. We...
Persistent link: https://www.econbiz.de/10011445075
A large set of financial variables has only limited power to predict a latent factor common to the year-ahead forecast errors for real Gross Domestic Product (GDP) growth, the unemployment rate, and Consumer Price Index (CPI) inflation for three sets of professional forecasters: the Federal...
Persistent link: https://www.econbiz.de/10012059591
In May 2007 CGD launched an online survey of the global development community on three issues: the selection process … survey issues. First, both U.S. and non-U.S. participants reject the traditional selection prerogative of the U.S. by large … margins, with equally strong support for an open, transparent, competitive selection process. Second, participants exhibit …
Persistent link: https://www.econbiz.de/10005162655
We document the existence of asymmetric price transmission in Mexico for a wide variety of food and non-food products, in terms of magnitude and speed, for two segments of the supply chain: i) Producer (producer-wholesale) and ii) Consumer (wholesale-retail). We find that asymmetric price...
Persistent link: https://www.econbiz.de/10011788942
This paper investigates whether three microeconomic loan characteristics are sources of loan default clustering in the Mexican banking sector by employing survival analysis with frailty. Using a large sample of bank loan level data granted to micro, small and medium sized firms from January 2010...
Persistent link: https://www.econbiz.de/10013162020
Using administrative records of Medicaid enrollees in Rhode Island that link their health-care information with their payroll employment records, this paper produces new stylized facts concerning the association between opioid use disorder (OUD) and employment and inquires as to whether...
Persistent link: https://www.econbiz.de/10014442952