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THE IMPACT OF UNCERTAINTY SHOCKS
Adjustment costs uncertainty real options labor and investment
2015/7/15
Uncertainty appears to jump up after major shocks like the Cuban Missile crisis, the assassination of JFK, the OPEC I oil-price shock, and the 9/11 terrorist attacks. This paper offers a structural fr...
Colonial Institutions,Trade Shocks,and the Diffusion of Elementary Education in Brazil,1889–1930
History Literacy Characteristics Voting Education Spending Performance Improvement Government and Politics Brazil
2015/4/23
In this paper, we examine the role of trade shocks in promoting the diffusion of elementary education in subnational units in Brazil during a period (1889–1930) in which they had relative financial au...
Long-Term and Spillover Effects of Health Shocks on Employment and Income
Spillover Effects Health Shocks Employment Income
2016/3/9
We use matching combined with difference-in-differences to identify the causal effects of sudden illness, represented by acute hospitalizations, on employment and income up to six years after the heal...
Motherhood and Female Labor Supply in the Developing World: Evidence from Infertility Shocks
Motherhood Female Labor Supply Developing World Evidence Infertility Shocks
2016/3/9
We introduce a new instrument for family size, infertility, to investigate the causal relationship between children and female labor force participation. Infertility mimics an experiment where nature ...
Teacher Shocks and Student Learning: Evidence from Zambia
Teacher Shocks Student Learning Zambia
2016/3/7
A large literature examines the link between shocks to households and the educational attainment of children. We use new panel data to estimate the impact of shocks to teachers on student learning in ...
The immediate effects of the Asian crisis on the well-being of Indonesians are examined using the Indonesia Family Life Survey, an ongoing longitudinal household survey. There is tremendous diversity ...