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Publications (4)
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– Relative Status, Ceremonies and Early Child Development in China
Presenting gifts at funerals, weddings, and other ceremonies held by fellow villagers have been regarded as social norms in Chinese villages for thousands of years. However, it is more burdensome for the poor to take part in these social occasions than for the rich. Because the poor often lack the...
Working Paper
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In the presence of inequality a status-driven utility function reconciles the conflict between income-based and nutrition-based measures of poverty. Moreover, it can explain why the poor tend to save less, an established empirical fact in the developing countries. The result is independent of the...
Working Paper
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Political violence, coup d’état, civil wars and inter-state wars, all have fiscal dimensions (and sometimes fiscal causes). Who gets what—public employment and public spending—and who has to pay for it, are questions that raise fundamental issues about the distribution of society's resources. These...
Working Paper
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This paper analyses the impact of fiscal policy on private investment for a sample of thirty-three LDCs. The paper makes a number of important contributions to the existing empirical literature. Its main contribution is that it is the first attempt to analyse the existence of a non-linear...
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