Found 298 article(s) in category 'Q2: Inequality?'

Assessing the Importance of Financial Literacy

Assessing the Importance of Financial Literacy. Shawn Cole, September 2008, Paper. “Financial decisions can be difficult. Comparing savings or borrowing options with different interest rates and term structures can be difficult for those without financial savvy—and even a knowledgeable individual may need to rely on calculators or spreadsheets to make truly informed decisions. Yet, many households are not knowledgeable, and often receive little assistance when making these decisions. Moreover, unlike the decision to visit a restaurant or purchase a particular car, customers may not receive useful feedback on the value…Link

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Inequality and Corruption: Evidence from US States

Inequality and Corruption: Evidence from US States, James E. Alt, August 25, 2008, Paper. “High-quality data on state-level inequality and incomes, panel data on corruption convictions, and careful attention to the consequences of including or excluding fixed effects in the panel specification allow us to estimate the impact of income considerations on the decision to undertake corrupt acts. Following efficiency wage arguments, for a given institutional environment the corruptible employee’s or official’s decision to engage in corruption is affected by relative wages and expected tenure in the public sector…” Link

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Why Doesn’t Capital Flow from Rich to Poor Countries? An Empirical Investigation

Why Doesn’t Capital Flow from Rich to Poor Countries? An Empirical Investigation. Laura Alfaro, May 2008, Paper. “We examine the empirical role of different explanations for the lack of flows of capital from rich to poor countries—the ‘Lucas Paradox.’ The theoretical explanations include cross country differences in fundamentals that affect productivity and capital market imperfections. We show that during 1970−2000 low institutional quality is the leading explanation. Improving Peru’s institutional quality to Australia’s level implies a quadrupling of foreign investmentRecent studies emphasize the role of…” Link

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Transitions: Career and Family Life Cycles of the Educational Elite

Transitions: Career and Family Life Cycles of the Educational Elite. Lawrence Katz, Claudia Goldin, 2008, Paper. “Among life’s most vital transitions are those concerning family and career. We decide when and whom to marry, how many children to have, whether to further our education, and which occupations and jobs to pursue. Fundamental aspects of these transitions began to change around the early 1970s for the college educated generally, and for women in particular. The median age at first marriage among college graduate women, which had been stable at about 22.5 years old from the 1950s to the early 1970s (for birth cohorts from…” Link

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Exploring the Impact of Financial Incentives on Stereotype Threat: Evidence from a Pilot Study

Exploring the Impact of Financial Incentives on Stereotype Threat: Evidence from a Pilot Study. Roland Fryer, 2008, Paper, “Motivated in part by large and persistent gender gaps in labor market outcomes (e.g., Claudia Goldin 1994; Joseph G. Altonji and Rebecca M. Blank 1998), a large body of experimental research has been devoted to understanding gender differences in behavior and responses to stimuli.1 An influential finding in experimental psychology is the presence of stereotype threat: making gender salient induces large gender gaps in performance on math tests (Steven J. Spencer, Claude M. Steele, and Diane M. Quinn 1999). For instance, when Spencer et al. (1999) informed subjects that women tended to under perform men on the math test they were about to take, women’s test scores dropped by 50 per? cent or more compared to a similar math test in which subjects were not informed of previous gender differences.Link

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Slavery, Inequality, and Economic Development in the Americas: An Examination of the Engerman-Sokoloff Hypothesis

Slavery, Inequality, and Economic Development in the Americas: An Examination of the Engerman-Sokoloff Hypothesis, Nathan Nunn, October 2007, Book Chapter. “Recent research argues that among former New World colonies a nation’s past dependence on slave labor was important for its subsequent economic development (Engerman and Sokoloff, 1997, 2002). It is argued that specialization in plantation agriculture, with its use of slave labor, caused economic inequality, which concentrated power in the hands of a small elite, adversely affecting the development of domestic institutions needed for sustained economic growth…” Link

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DAMS. Rohini Pande, October 2007, Paper: “This paper studies the productivity and distributional effects of large irrigation dams in India. Our instrumental variable estimates exploit the fact that river gradient affects a district’s suit- ability for dams. In districts located downstream from a dam, agricultural production increases, and vulnerability to rainfall shocks declines. In contrast, agricultural production shows an in- significant increase in the district where the dam is located but its volatility increases. Rural poverty declines in downstream districts but increases in the district where the dam is built, suggesting that neither markets nor state institutions have alleviated the adverse distributional impacts of dam construction.” Link

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Participatory Democracy in Action: Survey Evidence from South India

Participatory Democracy in Action: Survey Evidence from South India. Rohini Pande, January 2006, Paper: “We use household and village survey data from South India to examine who participates in village meetings called by elected local governments, and what effect these meetings have on beneficiary selection for welfare programs. Our main finding is that it is the more disadvantaged social groups who attend village meetings and that holding such meetings improves the targeting of resources towards the neediest groups.” Link

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