CDS-KNRaj Library

Updates from K.N. Raj Library, CDS, Thiruvananthapuram

The World Top Incomes Database

by Alvaredo, Facundo, Anthony B. Atkinson, Thomas Piketty and Emmanuel Saez [2013] There has been a marked revival of interest in the study of the distribution of top incomes using tax data. Beginning with the research by Thomas Piketty (2001, 2003) of the long-run distribution of top incomes in France, a succession of studies has [...]

Poverty dynamics in rural Orissa: Transitions in assets and occupations over generations

by Magnus Hatlebakk Chr. Michelsen Institute WP 2012 : 11 We investigate whether historic land distribution determines stagnation or development of Indian villages. The empirical analysis is motivated by  the  Banerjee and Newman (1993) model of occupational choice and economic development. Family histories are collected for a random sample of 800 households. Households are classified into economic categories [...]

A Method for Assessing Food Security Information System

by Tugrul Temel and Dorjee Kinlay MPRA Paper No 43177 / 2012 This paper develops a method for assessing food security information system with respect to its structure, connectedness and performance. The paper illustrates how to set up an operational food security information system, identify its leverage components and pathways of information flow, and qualitatively [...]

Drivers of Entrepreneurship and Post-Entry Performance: Microeconomic Evidence from Advanced and Developing Countries

by Marco Vivarelli WB Policy Research Working Paper 6245 The aim of this study is to provide a microeconomic investigation of the concept of entrepreneurship; in particular, it discusses the following issues: 1) the alternative ways of looking at entrepreneurship, distinguishing”creative destruction”from simple”turbulence”; 2) the different microeconomic determinants of new firm formation, distinguishing”progressive”from”regressive”drivers; 3) the [...]

Regulated Prices, Rent-Seeking, and Consumer Surplus

by Jeremy Bulow and Paul Klemperer 2012-W03 Price controls lead to misallocation of goods and encourage rent-seeking. The misallocation effect alone ensures that a price control always reduces consumer surplus in an otherwise-competitive market with convex demand if supply is more elastic than demand; or with log-convex demand (e.g., constantelasticity) even if supply is inelastic. [...]

American Economic Journal: Microeconomics Vol. 4, Issue 2 May 2012

To Review or Not to Review? Limited Strategic Thinking at the Movie Box Office Alexander L. Brown, Colin F. Camerer and Dan Lovallo Ideologues Beat Idealists Sambuddha Ghosh and Vinayak Tripathi Contracting with Heterogeneous Externalities Shai Bernstein and Eyal Winter Ignorance Is Bliss: An Experimental Study of the Use of Ambiguity and Vagueness in the [...]

American Economic Journal: Microeconomics, Vol. 4, No. 1, February 2012

Articles ¨      Observational Learning and Demand for Search Goods Kenneth Hendricks, Alan Sorensen and Thomas Wiseman ¨      Community Structure and Market Outcomes: A Repeated Games-in-Networks Approach Itay P. Fainmesser ¨      Partially Specified Probabilities: Decisions and Games Ehud Lehrer ¨      The Impact of Social Ties on Group Interactions: Evidence from Minimal Groups and Randomly Assigned Real [...]

Do Economists Lie More?

By Raúl López-Pérez and Eli Spiegelman UAM Working Paper 4/2012 Date: January 2, 2012 Recent experimental evidence suggests that some people dislike telling lies, and tell the truth even at a cost. We use experiments as well to study the socio-demographic covariates of such lie aversion, and find gender and religiosity to be without predictive value. However, subjects’ major [...]

EVALUATING THE IMPACTS OF MICROSAVING: THE CASE OF SEWA BANK IN INDIA

GUNHILD BERG JOURNAL OF ECONOMIC DEVELOPMENT Volume 35, Number 1, March 2010 This paper estimates the impact of participating in the savings program of SEWA Bank in India on household income and consumption. Contrary to microcredit, microsaving has not received much attention in the empirical literature yet which can be explained by a lack of reliable household data. [...]

HOW DO INTERNATIONAL REMITTANCES AFFECT POVERTY IN DEVELOPING COUNTRIES? A QUANTILE REGRESSION ANALYSIS

by MOISES NEIL V. SERINO AND DONGHUN KIM JOURNAL OF ECONOMIC DEVELOPMENT Volume 36, Number 4, December 2011 This study investigates the effect of a surging increase in international remittances on poverty in developing countries. For this purpose, we analyzed panel data for 66 developing countries from1981 to 2005 using a quantile regression analysis. Our results suggested that international [...]

United States Microfinance: Regulating to Promote Growth?

Aruna Chandra and Thankom Arun Working Paper Series No. 2011-WP-28 Date: December 2011 Abstract: This study draws on 20 in-depth interviews with microfinance institutions, practitioners, analysts/policymakers, and academics, along with a review of literature to understand and assess the state of the microfinance industry in the United States in terms of its salient features, critical issues and regulatory landscape, [...]

Misallocation and manufacturing TFP in China and India

Tai Hsieh Chang, and J- Klenow Peter The Quaterly Journal Of Economics , Vol. 1, No. 1 (30. June 2007): pp. 1403-1447. Resource misallocation can lower aggregate total factor productivity (TFP).We use microdata on manufacturing establishments to quantify the potential extent of misallocation in China and India versus the United States. We measure sizable gaps in [...]

Health, income inequality and climate related disasters at household level: reflections from an Orissa District

Narayanan, K. and  Santosh Kumar Sahu (2011) Rural households tend to rely heavily on climate-sensitive resources. Climate Change can reduce the availability of these local natural resources, limiting the options for rural households that depend on natural resources for consumption or economic activities. During and after the climate related disasters the health condition of the rural [...]

Effect of employment guarantee on access to credit: Evidence from rural India

Deepak Saraswat Date: Sep-2011 Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) is the largest and most ambitious public works program for poverty alleviation, adopted by Government of India since independence. It was implemented in year 2006, starting with the first phase of 200 most backward districts in India. Two more consecutive phases were implemented [...]

THE DETERMINANTS AND LONG-TERM PROJECTIONS OF SAVING RATES IN DEVELOPING ASIA

Charles Yuji Horioka and Akiko Terada-Hagiwara Date: Oct-2011 In this paper, we present data on trends over time in domestic saving rates in twelve economies in developing Asia during the 1966-2007 period and analyze the determinants of these trends. We find that domestic saving rates in developing Asia have, in general, been high and rising but [...]

Envy and Hope: Relevant Others’ Consumption and Subjective Well-being in Urban India

Xavier Fontainey and Katsunori Yamadaz Date: August 25, 2011 This paper exploits a unique micro-level survey to investigate the relationship between subjective well-being and reference consumption in urban Indian. Using accurate computations of individuals’ reference consumption, we find that other’s consumption has a positive impact on subjective well-being. This result validates Hirschman’s view that information [...]

Firm Investment & Credit Constraints in India, 1997 – 2006: A stochastic frontier approach

Sumon Bhaumik, Pranab Kumar Das and Subal C. Kumbhakar William Davidson Institute Working Paper Number 1010 Date:- January 2011 We use the stochastic frontier approach to estimate the impact of firm characteristics on investment decisions of Indian firms during the 1997-2006 period. The use of the stochastic frontier approach allows us to define the (unobserved) optimum investment that [...]

The Calculation of Rural Urban Food Price Differentials from Unit Values in Household Expenditure Surveys: A new procedure and comparison with existing methods

Amita Majumder, Ranjan Ray, and Kompal Sinha DISCUSSION PAPER 24/11 While national and international statistical agencies spend much resource on calculating purchasing power parity (PPP) between countries, relatively little attention is given to PPP calculations within countries. Yet, for large and heterogeneous countries, such as the US and India, intra country PPP is as important as cross-country [...]

What Effect Does Female Autonomy Have on Child Health? Microeconometric Evidence from Rural India

Kazuya Wada Global COE Hi-Stat Discussion Paper Series 202 Date: Aug-2011 This study investigates the effects of an improvement in female autonomy on children’s welfare in the developing world, taking into consideration intra-household resource allocation through decision-making processes within households. Using a female autonomy index constructed from India’s 1998/99 National Family Health Survey, the study [...]

Spillovers in learning and behavior: Evidence from a nutritional information campaign in urban slums

Prakarsh Singh Date: May-2011 This paper provides evidence for spillovers in learning and behavior within urban slums in Chandigarh, India. In an experiment, mothers of children (aged 3-6 years) enrolled in government day-care centers were provided recipe books to lower their price per calorie. Theory suggests that if learning takes place among untreated mothers in [...]

DIETARY TRANSITION IN INDIA: AN ANALYSIS BASED ON NSS DATA FOR 1993 AND 2004

Nidhi Kaicker, Vani S. Kulkarni, and Raghav Gaiha ASARC Working Paper 2011/10 Our study examines changes in diets over the period 1993-2004. Diets have shifted away from cereals towards higher consumption of fruits, vegetables, oils and livestock products. Using household data, reduced form demand relations are estimated for nine food commodities. Significant own and cross-price [...]

Productivity and technical change in Indian economy

Sanjib Pohit, and Barun Pal Date: July-2011 This paper makes a modest attempt to apply input-output methodology to understand the structural changes in Indian economy in recent years. Our observations cover the period 1998-99 to 2006-07, the latest year for which India’s input-output table is published. Our analysis indicates that most of the manufacturing as well as services [...]

Causal Effects of Health Shocks on Consumption and Debt: Quasi-Experimental Evidence from Bus Accident Injuries

Manoj Mohanan Economic Research Initiatives at Duke (ERID) Working Paper No. 106. Date: June-2011 Endogeneity in the health-wealth relationship presents a challenge for estimating causal effects of health shocks. Using a quasi-experimental study design, comprising exogenous shocks sustained as bus accident injuries in India, with, “controls,” drawn from travelers on the same bus routes one [...]

Imported intermediary inputs, R&D and Firm’s Productivity: Evidence from Indian Manufacturing

Chandan Sharma (2011) This paper examines dynamic as well as static effects of imported intermediary inputs and inhouse R&D on productivity growth using firm-level panel data for Indian technology-intensive manufacturing industries for the period 2000-2009. For this purpose, the present study adopts two empirical frameworks: production function and growth accounting method. Although we do have [...]

Essays on Microeconomics with Incomplete Information

Jie Zheng A dissertation presented to the Graduate School of Arts and Sciences of Washington University in partial fulfillment of the requirements for the degree of Doctor of Philosophy Date: May 2011 Saint Louis, Missouri My dissertation devotes to the understanding of people’s interactions under uncertainty. It contains four essays on Microeconomics with Incomplete Information. [...]

Inequality and growth in the very long run: inferring inequality from data on social groups

Jorgen Modalsli MEMORANDUM No 11/2011 Date: Mar-2011 Income distribution data from before the Industrial Revolution usually comes in the shape of social tables: inventories of a range of social groups and their mean incomes. These are frequently reported without adjusting for within-group income dispersion, leading to a systematic downward bias in the reporting of pre [...]

Productivity Growth and Ownership Change in China: 1998-2007

Jing Liu and Shutao Cao Date: Apr-2011 This paper studies the industry productivity dynamics in China’s manufacturing sector from 1998 to 2007, and in particular, explores to what extent the privatization of state-owned enter- prises (SOEs) contributes to the aggregate productivity growth. Our results show that, though non-SOEs on average are more productive than SOEs, [...]

Assessing the Structure of Small Welfare States

Geoff Bertram Social Policies in Small States Series, No. 4 Date: 19-Apr-2011 The country case studies and thematic papers in this series, published jointly by UNRISD and the Commonwealth Secretariat, examine social policy issues facing small states and their implications for economic development. They show how, despite their inherent vulnerability, some small states have been [...]

Determinants of Individual Investor Behaviour: An Orthogonal Linear Transformation Approach

Abhijeet Chandra, and Ravinder Kumar Date: Jan-2011 Expected utility theory views the individual investment decision as a tradeoff between immediate consumption and deferred consumption. But individuals do not always prefer according to the classical theory of economics. Recent studies on individual investor behavior have shown that they do not act in a rational manner, rather several factors [...]

Cooking, Caring and Volunteering: Unpaid Work Around the World

Veerle Miranda OECD Social, Employment and Migration Working Paper No. 116 Date: 03-Mar-2011 Household production constitutes an important aspect of economic activity and ignoring it may lead to incorrect inferences about levels and changes in well-being. This paper sheds light on the importance of unpaid work by making use of detailed time-use surveys for 26 OECD member [...]

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