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Institutions, Property Rights, and Economic Growth
  • Language: en
  • Pages: 339

Institutions, Property Rights, and Economic Growth

"After ten rounds of playing the prisoners' dilemma game, subjects were given the possibility of eliminating one of the two actions by plurality. Each subject voted on whether to keep all actions, eliminate D, or eliminate C. After voting, the subject participated in ten more rounds depending on the decision made by plurality. To study the effect of subjects' understanding of the game on voting decisions I modify how game is presented to the subjects. In half the sessions, the computer screen shows the payoff matrix with the subject action as rows and their partners as columns. Feedback about the outcome is also provided by highlighting the chosen row and column. The other half of the sessio...

The Economics of Crime
  • Language: en
  • Pages: 486

The Economics of Crime

Crime rates in Latin America are among the highest in the world, creating climates of fear and lawlessness in several countries. Despite this situation, there has been a lack of systematic effort to study crime in the region or the effectiveness of policies designed to tackle it. The Economics of Crime is a powerful corrective to this academic blind spot and makes an important contribution to the current debate on causes and solutions by applying lessons learned from recent developments in the economics of crime. The Economics of Crime addresses a variety of topics, including the impact of kidnappings on investment, mandatory arrest laws, education in prisons, and the relationship between poverty and crime. Utilizining research from within and without Latin America, this book illustrates the broad range of approaches that have been efficacious in studying crime in both developing and developed nations. The Economics of Crime is a vital text for researchers, policymakers, and students of both crime and of Latin American economic policy.

Conscription and Crime
  • Language: en
  • Pages: 18

Conscription and Crime

The initiation in criminal activities is, typically, a young phenomenon. The study of the determinants of entry into criminal activities should pay attention to major events affecting youth. In many countries, one of these important events is mandatory participation in military service. The objective of this study is to estimate the causal relationship between mandatory participation in military service and crime. The authors exploit the random assignment through a draft lottery of young men to conscription in Argentina to identify this causal effect. Their results suggest that participation in military service increased the likelihood of developing a criminal record in adulthood (in particular, for property and weapon-related crimes).

A Broken Record
  • Language: en
  • Pages: 246

A Broken Record

This book examines economic reform in the Punjab in the period 1900-47 in an attempt to historicise theories of institutional change and community development. It advances the economic history of the region by analysing microeconomic reform in the province. A close examination of programmes of rural reconstruction in colonial Punjab reveals stark parallels with more contemporary prescriptions of development economics. Simultaneously, a study of the trajectory of legislative change sheds light on the institutional legacies of colonial rule. It engages deeply with the theoretical scholarship on development and rural uplift that emerges in this period and develops an intellectual genealogy that links colonialism to development studies. It questions the continued valorisation of the 'community' despite a lack of supportive evidence and argues that one reason for the continued popularity of ideas of community development and institutional malaise is that both absolve the status quo from blame.

Trends in Traiff Reforms and Trends in Wage Inequality
  • Language: en
  • Pages: 29

Trends in Traiff Reforms and Trends in Wage Inequality

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Impact Evaluation in Practice
  • Language: en
  • Pages: 266

Impact Evaluation in Practice

This handbook provide a non-technical introduction to impact evaluations, including ?Why Evaluate? in Chapter 1, ?How to Evaluate? in Chapter 2 and ?How to Implement Impact Evaluations? in Chapter 3. These elements are the basic ?tools? needed in order to successfully carry out an impact evaluation.

Faith-Based Schools in Latin America
  • Language: en
  • Pages: 144

Faith-Based Schools in Latin America

This volume, that includes evaluations of academic performance and other management aspects and pedagogical practices of Fe y Alegr a schools, is a selection of contributions made at the international workshop Fe y Alegr a: Expanding the Quality Education Opportunities in Latin America

Regression Discontinuity Designs
  • Language: en
  • Pages: 539

Regression Discontinuity Designs

Volume 38 of Advances in Econometrics collects twelve innovative and thought-provoking contributions to the literature on Regression Discontinuity designs, covering a wide range of methodological and practical topics such as identification, interpretation, implementation, falsification testing, estimation and inference.

On the Distributive Effects of Terms of Trade Shocks
  • Language: en
  • Pages: 40

On the Distributive Effects of Terms of Trade Shocks

We introduce non-tradable goods to the Heckscher-Ohlin-Samuelson (HOS) model to study the distributive effects of terms of trade shocks. We show that the employment of resources in activities producing exclusively for the local market induces a crucial association between domestic spending and factor demand and prices, which is absent in the usual HOS framework. Specifically, in a two-sector economy (producing only exportable and non-tradable goods) there are no redistributive effects of external terms of trade shifts-i.e. no Stolper-Samuelson-type of effect. By extending the model to the domestic production of a third, importable good, we show that distributional tensions arise. Distributional conflicts occur within urban labor groups (skilled vs. unskilled) and not only between the "traditional" rural vs. urban factors. Finally, export taxes are imposed to re-distribute the effects of external shocks. We show that the ability of the government to cushion the impact of the terms of trade shift on the economy’s income distribution depends crucially on the use of the tax revenues.

Housing, health, and happiness
  • Language: en
  • Pages: 36

Housing, health, and happiness

Despite the importance of housing for people's well-being, there has been little work done to assess the causal impact of housing and housing improvement programs on health and welfare. In this paper the authors help fill this gap by investigating the impact of a large-scale effort by the Mexican government to replace dirt floors with cement floors on child health and adult happiness. They find that replacing dirt floors with cement floors significantly reduces parasitic infestations in young children, reduces diarrhea, reduces anemia, and improves cognitive development. Finally, they also find that this program leave adults substantially better off, as measured by satisfaction with their housing and quality of life and by their significantly lower rates of depression and perceived stress.