Abstract How well do countries cope with the aftermath of natural disasters? Do
international financial flows buffer countries in the wake of disasters? This
paper examines the impact of hurricanes on resource flows to developing
countries. Using meteorological data, I construct a time-varying storm index
taking into account the fraction of a country's population exposed to storms of
varying inten... hiện toàn bộ
Abstract Time-consuming and costly religious rituals pose a puzzle for
economists committed to rational choice theories of human behavior. We propose
that either through selection or a causal relationship, the performance of
religious rituals is associated with higher levels of cooperation. To test this
hypothesis we design field experiments to measure the in-group cooperative
behavior of members ... hiện toàn bộ
Abstract Matching university places to students is not as clear cut or as
straightforward as it ought to be. By investigating the matching algorithm used
by the German central clearinghouse for university admissions in medicine and
related subjects, we show that a procedure designed to give an advantage to
students with excellent school grades actually harms them. The reason is that
the three-step... hiện toàn bộ
Informal lending and savings institutions exist around the world, and often
include regular door-to-door deposit collection of cash. Some banks have adopted
similar services in order to expand access to banking services in areas that
lack physical branches. Using a randomized control trial, we investigate
determinants of participation in a deposit collection service and evaluate the
impact of offe... hiện toàn bộ
Bruce McGough, Andrew J. Plantinga, Christopher Costello
Abstract Empirical evidence indicates that environmental fluctuations have
important effects on fisheries production. However, existing analytical
solutions of stochastic fisheries models have been produced only under highly
simplified economic and biological conditions. The main contribution of this
paper is to derive under general conditions a policy function for the management
of a stochastic f... hiện toàn bộ