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Improved household accessibility to credit is identified as a significant determinant of intra-household re-allocation of labour resources with important implications for productivity, income, and poverty status. However, credit accessibility could also have wider impacts on poverty if it leads...
Persistent link: https://www.econbiz.de/10015218288
This paper uses a novel dataset collected by the first author from peri-urban areas of Ho Chi Minh City, Vietnam in 2008 to examine how the poor use their loans, and factors affecting their credit participation and credit constraints. The paper finds the presence of many commercial banks in the...
Persistent link: https://www.econbiz.de/10015224759
Interaction terms are often misinterpreted in the empirical economics literature by assuming that the coefficient of interest represents unconditional marginal changes. I present the correct way to estimate conditional marginal changes in a series of non-linear models including (ordered)...
Persistent link: https://www.econbiz.de/10015228435
We establish a `map' for describing a wide class of Limited Dependent Variables models much used in the econometric literature. The classification system, or language, is an extension of Amemiya's typology for tobit models and is intended to facilitate communication among researchers. The class...
Persistent link: https://www.econbiz.de/10015233939
This paper presents an estimation of the impacts of microcredit on labor and human capital following a quasi-experiment specifically designed to control for endogeneity and selection bias in the context of urban Mexico. We find important indirect trickle-down effects of credit through labor...
Persistent link: https://www.econbiz.de/10015245854
I consider a RUM model for migration where destination countries or regions are viewed as collections of ‘opportunities’ which are the fundamental units of choice for migrants. The best opportunity for a prospective migrant is more likely to be found in a destination that has many and...
Persistent link: https://www.econbiz.de/10015262402
This paper considers a random utility model (RUM) in which migrants view locations as aggregates of large numbers of alternatives from which they can freely choose. The best alternative is more likely to be found in a location where they are many and diverse. This predicted effect of size and...
Persistent link: https://www.econbiz.de/10015268027
En este documento se presenta evidencia empírica para entender los impactos de la migración en el mercado de trabajo en Colombia, a través de la estimación de un modelo probabilístico tipo Probit para el empleo y una regresión cuantílica incondicional para el efecto en los salarios con...
Persistent link: https://www.econbiz.de/10015237125
This paper employs the smooth transition autoregressive models (STAR) to analyze Tunisian exchange rate pass-through on quarterly data over the period 2011Q4 2019Q4. The non linearity tests suggest that the LSTAR specification describes better the behavior of exchange rate pass-through in...
Persistent link: https://www.econbiz.de/10015213947
This study revisits the issue of mean reversion in the import rice prices of Asian countries over the period between 1995 and 2015. Augmented Dickey Fuller tests with a conventional linear regression model support the presence of a unit root in the levels of the price data. However, when...
Persistent link: https://www.econbiz.de/10015214877