How does microfinance affect out–migration?

How Does Monetary Policy Affect Household Income Distribution?

Over the last decades the research on monetary policy has largely concentrated on the impact of monetary authorities’ decisions on inflation and the fine-tuning of the macroeconomic, so that distributional effects of monetary policy which are non-trivial has been ignored. A view that has become increasingly popular since the financial crisis 2008 is that expansionary monetary policy can exacerb...

Does Microfinance Repayment Flexibility Affect Entrepreneurial Behavior and Loan Default?

Recent evidence suggests heterogenous impacts of microfinance loans, with limited average effects on enterprise growth among the poor. One possibility is that the rigidity of the classic microcredit contract – widely held to be important for reducing default – inhibits investment in microenterprises. To explore these trade-offs, we provide experimental estimates of the consequences for client r...

How Does Retirement Affect Health?

How Does Retirement Affect Health? This paper investigates the effects of retirement on various health outcomes. Data stem from the first three waves of the English Longitudinal Study of Ageing (ELSA). With this informative data, non-parametric matching methods can be applied to identify causal effects. It is found that retirement significantly increases the risk of being diagnosed with a chron...

How Does Curriculum Affect Learning?

schools matter. This statement is a truism to most. However, it must be followed by a statement of why schools matter, especially in light of the current debate surrounding the quality of American public education. Working from the seemingly simple belief that schools matter, assumptions will be made and policies will follow them on how to improve the quality of public schools. If there is no s...

How Does Real Affect Affect Affect Recognition In Speech?