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Publications (4)
Book Chapter
From the book:
Insurance Against Poverty
Working Paper
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The paper considers the macroeconomic impact of shocks to agricultural output and of negative and positive price shocks. It is shown that negative price shocks have particularly large externalities: it is estimated that the overall impact of these negative shocks on GDP may well be double their...
Working Paper
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– The Case of Italian State-Owned Firms and the European Union
This paper contributes to the literature on the role of decentralization in hardening the budget constraint of public enterprises. Following Qian and Roland the study adopts a ‘federalist’ approach. However, it interprets federalism as the upward devolution of domestic economic policies to a...
Working Paper
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The paper examines the evidence for various explanations usually offered for the differences in fertility behaviour across regions and over time in India. Female education has been found in other research to be the single most important factor driving the fall in fertility, but there are wide...
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