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Including Health Insurance in Poverty Measurement: The Impact of...

We develop and implement what we believe is the first conceptually valid health-inclusive poverty measure (HIPM)--a measure that includes health care or insurance in the poverty needs threshold and...

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Micro to Macro: Optimal Trade Policy with Firm Heterogeneity -- by Arnaud...

The empirical observation that "large firms tend to export, whereas small firms do not" has transformed the way economists think about the determinants of international trade. Yet, it has had...

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Economic Backwardness and Catching Up: Brazilian Agriculture, 1964-2014 -- by...

Alexander Gerschenkron understood the development of backward countries as a contextual process that varied from country to country depending on which perquisites were present or absent. In the past...

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Intergenerational Persistence of Health in the U.S.: Do Immigrants Get...

It is well known that a substantial part of income and education is passed on from parents to children, generating substantial persistence in socio-economic status across generations. In this paper, we...

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Learning Job Skills from Colleagues at Work: Evidence from a Field Experiment...

We study on-the-job learning among classroom teachers, especially learning skills from coworkers. Using data from a new field experiment, we document meaningful improvements in teacher job performance...

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Trade Policy Uncertainty and Exports: Evidence from China's WTO Accession --...

This paper studies how reduction in trade policy uncertainty affects firm export decisions. Using a firm-product level dataset on Chinese exports to the United States and the European Union in the...

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International Trade with Indirect Additivity -- by Paolo Bertoletti, Federico...

We develop a general equilibrium model of monopolistic competition and trade based on indirectly additive preferences and heterogenous firms. It generates markups independent from destination...

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Growth, Urbanization and Poverty Reduction in India -- by Gaurav Datt, Martin...

Longstanding development issues are revisited in the light of our newly-constructed dataset of poverty measures for India spanning 60 years, including 20 years since reforms began in earnest in 1991....

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The Complexity of Immigrant Generations: Implications for Assessing the...

Because of data limitations, virtually all studies of the later-generation descendants of immigrants rely on subjective measures of ethnic self-identification rather than arguably more objective...

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Does Government Intervention Affect Banking Globalization? -- by Anya...

Using data from British and American banks, we provide empirical evidence that government intervention affects banking globalization along three dimensions: depth, breadth and persistence. We examine...

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Health Capacity to Work at Older Ages: Evidence from the United Kingdom -- by...

This paper estimates how much additional work capacity there might be among men and women aged between 55 and 74 in the United Kingdom, given their health, and how this has evolved over the last...

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Conditional PPP and Real Exchange Rate Convergence in the Euro Area -- by...

While economic theory highlights the usefulness of flexible exchange rates in promoting adjustment in international relative prices, flexible exchange rates also can be a source of destabilizing...

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Macroeconomic Shocks and Their Propagation -- by Valerie A. Ramey

This chapter reviews and synthesizes our current understanding of the shocks that drive economic fluctuations. The chapter begins with an illustration of the problem of identifying macroeconomic...

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A Jury of Her Peers: The Impact of the First Female Jurors on Criminal...

This paper uses an original data set of more than 3000 cases from 1918 to 1926 in the Central Criminal Courts of London to study the effect of the Sex Disqualification (Removal) Act of 1919....

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Varied Practice: Key to Learning New Skills

Charlie Sorrel writes about some fascinating new research on skill development in an article at Fast Company this week.  Sorrel describes research by Johns Hopkins University professor Pablo Celnik....

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Former ECB President Jean-Claude Trichet Speaks At ESM Conference

ESM Managing Director Klaus Regling welcomed former ECB President Jean-Claude Trichet to the second ESM Conference to discuss ‘Economic, Fiscal and Financial Governance of the Euro Area: Lessons from...

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EBA Publishes Guidelines On Cooperation Agreements Between Deposit Guarantee...

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EEX New Participant: Illumia Trend S.r.l.

Illumia Trend S.r.l. has been admitted to exchange trading for Phelix Futures/Options, French Financial Power Futures/Options, Italian Financial Power Futures/Options and Swiss Financial Power Futures.

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EBA Publishes Final Draft ITS On The Mapping Of ECAIs Credit Assessments For...

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