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Imperfect capital markets and commitment problems impede lumpy human capital investments. Labeled loans have been postulated as a potential solution to both constraints, but little is known about the role of the label in influencing investment choices in practice. We draw on a cluster randomized...
Persistent link: https://www.econbiz.de/10014371953
The literature has identified that countries with higher levels of openness tend to present a larger government sector as a way to reduce the risks to the economy that openness entails. This paper argues that there are a number of policies that can mitigate trade-induced risks, many of which do...
Persistent link: https://www.econbiz.de/10011286644
This document summarizes the thrust of my monograph book Disasters and the Networked Economy (2003, NY: Routledge. 228 pp. ISBN: 978-0-415-66629-9). It is no substitution for the book, but it attempts to make salient the main concepts, explanations and conclusions of it. It does so by first...
Persistent link: https://www.econbiz.de/10010339723
This research examines the economic origins of Islam and uncovers two empirical regularities. First, Muslim countries, virtual countries and ethnic groups, exhibit highly unequal regional agricultural endowments. Second, Muslim adherence is systematically larger along the pre-Islamic trade...
Persistent link: https://www.econbiz.de/10008729038
This is an update and revision of our 2009 study. Using a broad dataset and an original methodology, this paper reports composite development gaps across economic, social and institutional sectors. We define development gap as the distance between the observed and the expected development level...
Persistent link: https://www.econbiz.de/10011286684
The literature on development effectiveness has traditionally focused on the ex-post analysis of projects. While this is the appropriate method of measuring benefits, a previous step must be taken as a forerunner to good ex-post evaluation: the measurement of the efficiency in the execution of...
Persistent link: https://www.econbiz.de/10011927224
India is seen as a key developmental partner to Nepal with the latter being one of the first receipts of development aid from India. Development aid from India to Nepal has not only been associated with creation of infrastructure in the country but also with human capital development and...
Persistent link: https://www.econbiz.de/10012018904
the same community health intervention was implemented in 98 municipalities using one of three financing models. The Salud … externally measured maternal and child health targets. Fifty-four municipalities funded inputs using conventional aid and thirty … had national funds. Using a difference-in-difference approach and national health systems data we find that preventive …
Persistent link: https://www.econbiz.de/10011783927
Persistent link: https://www.econbiz.de/10000914124
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