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This essay examines the evolution of both institutions and economists' thinking on institutions during transition. Early in transition, institutions were virtually ignored in the majority of normative...
We revisit the ubiquitous claim that aiding civil society improves institutional outcomes. In our model, a vibrant civil society initiates public debate in a reform process otherwise dominated by part...
HIV and Fertility Revisited     HIV/AIDS  Fertility  Development       2015/9/21
Young (2005) argues that HIV related population declines reinforced by the fertility response to the epidemic will lead to higher capital-labor ratios and to higher per capita incomes in the a ected...
Between estimates that exploit cross-sectional variation suggest a positive signi cant e ect of HIV/AIDS on fertility, whereas within estimates that are identi ed of o time-series variation show bo...
The Working Paper series of the OECD Directorate for Science, Technology and Industry is designed to make available to a wider readership selected studies prepared by staff in the Directorate or by ...
Combinatorial structures which compose and decompose give rise to Hopf monoids in Joyal's category of species. The Hadamard product of two Hopf monoids is another Hopf monoid. We prove two main resu...
The Annual World Bank Conference on Development Economics is a forum for discussion and debate of important policy issues facing developing countries. The conferences emphasize the contribution that...
A key trend in international trade over the last two decades has been the rising fragmentation of production across countries. We use rm-level customs data, matched manufacturing census data, and I...
Euler-equation methods for solving nonlinear dynamic models involve parameterizing some policy functions. We argue that in the typical macroeconomic model with valuable leisure, labor function is part...
This paper presents an algorithm for solving nonlinear dynamic stochastic models that computes value function by simulations. We argue that the proposed algorithm can be a useful alternative to the ex...
This paper studies the properties of solutions to a log–linearized version of the neoclassical growth model with quasi-geometric discounting. We show that after the log–linearization, the model has in...
A model of unbalanced sectorial growth with application to transition economies.
This paper studies the properties of the solution to the heterogeneous agents model in Den Haan et al. [2009. Computational suite of models with heterogeneous agents: incomplete markets and aggregate ...
Capital–Skill Complementarity and Balanced Growth.

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