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Female Household-Headship In Rural Bangladesh: Incidence, Determinants And Impact On Children’S Schooling, Shareen Joshi Sep 2004

Female Household-Headship In Rural Bangladesh: Incidence, Determinants And Impact On Children’S Schooling, Shareen Joshi

Discussion Papers

No abstract provided.


Network Markets And Consumer Coordination, Attila Ambrus, Rossella Argenziano Sep 2004

Network Markets And Consumer Coordination, Attila Ambrus, Rossella Argenziano

Cowles Foundation Discussion Papers

This paper assumes that groups of consumers in network markets can coordinate their choices when it is in their best interest to do so, and when coordination does not require communication. It is shown that multiple asymmetric networks can coexist in equilibrium if consumers have heterogeneous reservation values. A monopolist provider might choose to operate multiple networks to price differentiate consumers on both sides of the market. Competing network providers might operate networks such that one of them targets high reservation value consumers on one side of the market, while the other targets high reservation value consumers on the other …


Financial Globalization And Korea's Post-Crisis Reform: A Political Economy Perspective, Wonhyuk Lim, Joonho Hahm Sep 2004

Financial Globalization And Korea's Post-Crisis Reform: A Political Economy Perspective, Wonhyuk Lim, Joonho Hahm

Documents

No abstract provided.


Experience Of Asian Asset Management Companies: Do They Increase Moral Hazard?””Evidence From Thailand, Akiko Terada-Hagiwara, Gloria Pasadilla Sep 2004

Experience Of Asian Asset Management Companies: Do They Increase Moral Hazard?””Evidence From Thailand, Akiko Terada-Hagiwara, Gloria Pasadilla

Documents

No abstract provided.


Development And Assessment Of An Innovative Video To Introduce Concepts Of Adherence In Soweto, South Africa, Ilene Wong Aug 2004

Development And Assessment Of An Innovative Video To Introduce Concepts Of Adherence In Soweto, South Africa, Ilene Wong

Yale Medicine Thesis Digital Library

ISSUES: The widening availability of antiretroviral therapy but dearth of medication taking experience among rural South Africans has raised concerns about adequate adherence to these medications. Interventions to improve adherence have been limited in development and evaluation and are often not culturally appropriate to patients in resource poor settings. It is hypothesized that a culturally-sensitive audio-visual patient education program may be of significant use in increasing patient understanding of concepts of resistance and medication taking skills, particularly in areas with low literacy rates. METHODS: After focus groups with health care providers and HIV-positive adherence counselors, a 15 minute educational video …


United States: 2002 Article Iv Consultation-Staff Report, International Monetary Fund (Imf) Aug 2004

United States: 2002 Article Iv Consultation-Staff Report, International Monetary Fund (Imf)

Documents

No abstract provided.


Arthur Lewis’ Contribution To Development Thinking And Policy, Gustav Ranis Aug 2004

Arthur Lewis’ Contribution To Development Thinking And Policy, Gustav Ranis

Discussion Papers

No abstract provided.


Schooling Returns For Wage Earners In Burkina Faso: Evidence From The 1994 And 1998 National Surveys, Harounan Kazianga Aug 2004

Schooling Returns For Wage Earners In Burkina Faso: Evidence From The 1994 And 1998 National Surveys, Harounan Kazianga

Discussion Papers

No abstract provided.


Xenophobia And Distribution In France: A Politico-Economic Analysis, John E. Roemer, Karine Van Der Straeten Aug 2004

Xenophobia And Distribution In France: A Politico-Economic Analysis, John E. Roemer, Karine Van Der Straeten

Cowles Foundation Discussion Papers

Anti-immigrant feeling (xenophobia) among voters has been proposed as a key factor explaining why, in the 2002 French national election, Jean Le Pen’s National Front Party won second place. Here, we study the effect of anti-immigrant sentiments among voters on the equilibrium position of political parties on the economic issue, which we take to be the size of the public sector. We model political competition among three parties (Left, Right, and Extreme Right) on a two-dimensional policy space (public sector size, immigration issue) using the PUNE model. We calibrate the model to French data for the election years 1988 and …


Impartiality, Solidarity, And Priority In The Theory Of Justice, Juan D. Moreno-Ternero, John E. Roemer Aug 2004

Impartiality, Solidarity, And Priority In The Theory Of Justice, Juan D. Moreno-Ternero, John E. Roemer

Cowles Foundation Discussion Papers

The veil of ignorance has been used often as a tool for recommending what justice requires with respect to the distribution of wealth. We show that John Harsanyi’s and Ronald Dworkin’s conceptions of the veil, when modeled formally, recommend wealth allocations in conflict with the prominently espoused view that priority should be given to the worse off with respect to wealth allocation. It follows that those who believe that justice requires impartiality and priority must seek some method of assuring the former other than the veil of ignorance. We propose that impartiality and solidarity are fundamentals of justice, and study …


Impartiality And Priority. Part 1: The Veil Of Ignorance, Juan D. Moreno-Ternero, John E. Roemer Aug 2004

Impartiality And Priority. Part 1: The Veil Of Ignorance, Juan D. Moreno-Ternero, John E. Roemer

Cowles Foundation Discussion Papers

The veil of ignorance has been used often as a tool for recommending what justice requires with respect to the distribution of wealth. We complete Harsanyi’s model of the veil of ignorance by appending information permitting interpersonal comparability of welfare. We show that the veil-of-ignorance conception of John Harsanyi, so completed, and Ronald Dworkin’s, when modeled formally, recommend wealth allocations in conflict with the prominently espoused view that priority should be given to the worse off with respect to wealth allocation.


Resolving Systemic Financial Crises: Policies And Institutions, Daniela Klingebiel, Stijn Claessens, Luc Laeven Aug 2004

Resolving Systemic Financial Crises: Policies And Institutions, Daniela Klingebiel, Stijn Claessens, Luc Laeven

Documents

No abstract provided.


The Scope Of Monetary Policy Actions Authorized Under The Federal Reserve Act, David H. Small, James Clouse Jul 2004

The Scope Of Monetary Policy Actions Authorized Under The Federal Reserve Act, David H. Small, James Clouse

Documents

David Small and James Clouse are economists in the Division of Monetary Affairs at the Board of Governors.


Silence Is Golden, Leaden, And Copper, Robert Repetto Jul 2004

Silence Is Golden, Leaden, And Copper, Robert Repetto

Yale School of the Environment Publications Series

No abstract provided.


Testing For A Supply Constraint To Fertility: Interpreting The Up To God Response To The Survey Question On Desired Family Size, Nistha Sinha Jul 2004

Testing For A Supply Constraint To Fertility: Interpreting The Up To God Response To The Survey Question On Desired Family Size, Nistha Sinha

Discussion Papers

No abstract provided.


Intra-Household Redistribution Of Income And Calorie Consumption In South-Western Nigeria, Adebayo Aromolaran Jul 2004

Intra-Household Redistribution Of Income And Calorie Consumption In South-Western Nigeria, Adebayo Aromolaran

Discussion Papers

No abstract provided.


Challenges Of Trending Time Series Econometrics, Peter C.B. Phillips Jul 2004

Challenges Of Trending Time Series Econometrics, Peter C.B. Phillips

Cowles Foundation Discussion Papers

We discuss some challenges presented by trending data in time series econometrics. To the empirical economist there is little guidance from theory about the source of trend behavior and even less guidance about practical formulations. Moreover, recent proximity theorems reveal that trends are more elusive to model empirically than stationary processes, with the upshot that optimal forecasts are also harder to estimate when the data involve trends. These limitations are implicitly acknowledged in much practical modeling and forecasting work, where adaptive methods are often used to help keep models on track as trends evolve. The paper discusses these broader issues …


Automated Discovery In Econometrics, Peter C.B. Phillips Jul 2004

Automated Discovery In Econometrics, Peter C.B. Phillips

Cowles Foundation Discussion Papers

Our subject is the notion of automated discovery in econometrics. Advances in computer power, electronic communication, and data collection processes have all changed the way econometrics is conducted. These advances have helped to elevate the status of empirical research within the economics profession in recent years and they now open up new possibilities for empirical econometric practice. Of particular significance is the ability to build econometric models in an automated way according to an algorithm of decision rules that allow for (what we call here) heteroskedastic and autocorrelation robust (HAR) inference. Computerized search algorithms may be implemented to seek out …


Limit Theory For Moderate Deviations From A Unit Root, Peter C.B. Phillips, Tassos Magdalinos Jul 2004

Limit Theory For Moderate Deviations From A Unit Root, Peter C.B. Phillips, Tassos Magdalinos

Cowles Foundation Discussion Papers

An asymptotic theory is given for autoregressive time series with a root of the form ρ n = 1 + c/ n α , which represents moderate deviations from unity when α in (0,1). The limit theory is obtained using a combination of a functional law to a diffusion on D [0,∞) and a central limit law to a scalar normal variate. For c > 0, the results provide a n (1+α)/2 rate of convergence and asymptotic normality for the first order serial correlation, partially bridging the squareroot of n and n convergence rates for the stationary (α = 0) and …


Staff Country Reports: Indonesia: Selected Items, International Monetary Fund (Imf) Jul 2004

Staff Country Reports: Indonesia: Selected Items, International Monetary Fund (Imf)

Documents

https://www.imf.org/external/pubs/ft/scr/2004/cr04189.pdf


Optimal Invariant Similar Tests For Instrumental Variables Regression, Donald W.K. Andrews, Marcelo J. Moreira, James H. Stock Jul 2004

Optimal Invariant Similar Tests For Instrumental Variables Regression, Donald W.K. Andrews, Marcelo J. Moreira, James H. Stock

Cowles Foundation Discussion Papers

This paper considers tests of the parameter on endogenous variables in an instrumental variables regression model. The focus is on determining tests that have some optimal power properties. We start by considering a model with normally distributed errors and known error covariance matrix. We consider tests that are similar and satisfy a natural rotational invariance condition. We determine tests that maximize weighted average power (WAP) for arbitrary weight functions among invariant similar tests. Such tests include point optimal (PO) invariant similar tests. The results yield the power envelope for invariant similar tests. This allows one to assess and compare the …


Kaupthing Offering Circular, Kaupthing Bank Hf. Jun 2004

Kaupthing Offering Circular, Kaupthing Bank Hf.

Documents

No abstract provided.


Frb Transcript Of The Consumer Advisory Council Meeting, Agnes Bundy Scanlan, Mark Pinsky, Janie Barrera, Kenneth P. Bordelon, Shiela Canavan, Robin Coffey, Anne Diedrick, Dan Dixon, Hattie Dorsey, Thomas P. Fitzgibbon, James Garner, Charles R. Gatson, Larry Hawkins, James W. King, Ruhi Maker, Elsie Meeks, Bruce B. Morgan, Debra S. Reyes, Benson Roberts, Benjamin Robinson Iii, Mary Jane Seebach, Paul J. Springman, Forrest F. Stanley, Lorie R. Swanson, Diane Thompson, Hubert Van Tol, Clint Walker, Sandra F. Braunstein, Roger W. Ferguson Jr, Edward M. Gramlich, Susan Bies Jun 2004

Frb Transcript Of The Consumer Advisory Council Meeting, Agnes Bundy Scanlan, Mark Pinsky, Janie Barrera, Kenneth P. Bordelon, Shiela Canavan, Robin Coffey, Anne Diedrick, Dan Dixon, Hattie Dorsey, Thomas P. Fitzgibbon, James Garner, Charles R. Gatson, Larry Hawkins, James W. King, Ruhi Maker, Elsie Meeks, Bruce B. Morgan, Debra S. Reyes, Benson Roberts, Benjamin Robinson Iii, Mary Jane Seebach, Paul J. Springman, Forrest F. Stanley, Lorie R. Swanson, Diane Thompson, Hubert Van Tol, Clint Walker, Sandra F. Braunstein, Roger W. Ferguson Jr, Edward M. Gramlich, Susan Bies

Documents

No abstract provided.


Banking Act, Switzerland: Federal Assembly Jun 2004

Banking Act, Switzerland: Federal Assembly

Documents

No abstract provided.


Time-Inconsistency And Welfare Program Participation: Evidence From The Nlsy, Hanming Fang, Dan Silverman Jun 2004

Time-Inconsistency And Welfare Program Participation: Evidence From The Nlsy, Hanming Fang, Dan Silverman

Cowles Foundation Discussion Papers

We empirically implement a dynamic structural model of labor supply and welfare program participation for agents with potentially time-inconsistent preferences. Using panel data on the choices of single women with children from the NLSY 1979, we provide estimates of the degree of time-inconsistency, and of its influence on the welfare take-up decision. With these estimates, we conduct counterfactual experiments to quantify the utility loss stemming from the inability to commit to future decisions, and the potential utility gains from commitment mechanisms such as welfare time limits and work requirements.


International Convergence Of Capital Measurement And Capital Standards, Bank For International Settlements (Bis) Jun 2004

International Convergence Of Capital Measurement And Capital Standards, Bank For International Settlements (Bis)

Documents

No abstract provided.


Frb Letter From Division Of Banking Supervision And Regulation And Legal Division To Jennifer J Johnson Re Issuance Of Consent Order Under Delegated Authority, Richard M. Ashton May 2004

Frb Letter From Division Of Banking Supervision And Regulation And Legal Division To Jennifer J Johnson Re Issuance Of Consent Order Under Delegated Authority, Richard M. Ashton

Documents

This letter is addressed to Jennifer J. Johnson


The Evolution Of Development Thinking: Theory And Policy, Gustav Ranis May 2004

The Evolution Of Development Thinking: Theory And Policy, Gustav Ranis

Discussion Papers

No abstract provided.


Residential Segregation In General Equilibrium, Patrick Bayer, Robert Mcmillan, Kim Rueben May 2004

Residential Segregation In General Equilibrium, Patrick Bayer, Robert Mcmillan, Kim Rueben

Discussion Papers

No abstract provided.


Social Networks In Ghana, Christopher R. Udry, Timothy G. Conley May 2004

Social Networks In Ghana, Christopher R. Udry, Timothy G. Conley

Discussion Papers

No abstract provided.