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Publication
Risk and Insurance in Transition: Perspectives from Zouping County, ChinaThis book explores the role of community in facilitating the transition to market relationships in economic development, and in controlling and sustaining local public goods such as irrigation, forests, grazing land, and fishing grounds. Previously it was …
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Decentralization, Externalities, and EfficiencyIn the competitive model, externalities lead to inefficiencies, and inefficiencies increase with the size of externalities. However, as argued by Coase, these problems may be mitigated in a decentralized system through voluntary coordination We show how …
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Income Smoothing and Consumption SmoothingExamines the ways in which farm households in developing countries may self-insure, with a particular emphasis on the idea that farm households may seek to smooth their consumption by altering their methods of production. Quantifying the importance of …
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Using Mixture Models to Detect Sex Bias in Health Outcomes in BangladeshMany interesting economic hypotheses entail differences in behaviors of groups within a population, but analyses of pooled samples shed only partial light on underlying segmentations. Finite mixture models are considered as an alternative to methods based …
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Sibling Rivalry and the Gender Gap: Evidence from Child Health Outcomes in GhanaWhen capital and labor markets are imperfect, choice sets narrow, and parents must choose how to ration available funds and time between their children. One consequence is that children become rivals for household resources. In economies with pro-male …
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Between the Market and State: Can Informal Insurance Patch the Safety Net?Examines use of informal insurance arrangements in households of low-income countries. Relationship between household consumption and income; Ways in dealing economic hardships; Systems of reciprocal transfers; Role of public policy in reducing economic …
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The Microfinance SchismPresents a study on win-win proposition, a principle of good banking, by leading microfinance advocates which can alleviate poverty through microfinance institution. Logic of the win-win proposition; Advantages of financial sustainability; Limits of the …
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The Role of Subsidies in Microfinance: Evidence from The Grameen BankFocuses on the role of subsidies in microfinance as evidenced by the Grameen Bank of Bangladesh. Difficulties in maintaining high repayment rates; Role of the bank in alleviating poverty; Recognition of the myriad benefits that have been attributed to …
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Politics, Growth, and Inequality in Rural China: Does it Pay to Join the Party?Presents survey data of the household incomes of local officials in northern China and their relation to market liberalization, increases in consumer demand and the provision of local public goods. Description of the rank-and-file bureaucrats; Political …
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Sibling Rivalry in AfricaThis article uses data on young teenagers to investigate how sibling composition affects schooling outcomes in South Africa and Tanzania. The results, while not estimated very precisely, establish additional evidence of positive associations between …
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Sibship Sex Composition and the Educational Attainment of Men and WomenThis study decomposes the detrimental effects of increased sibship on educational attainment by the sex of the respondent and his/her siblings. Previous theories regarding the interaction of gender and sibship sex composition are reviewed and a new …
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The Racial Wealth Gap: Implications for Philanthropy in the Black CommunityIn this article, the author argues that any consideration of race and formal philanthropic activity must consider the issue of wealth differences; it is in the area of wealth that the greatest degree of racial in equality exists, with Black families …
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Residential Mobility and MortgagesMortgage applications are a detailed and accurate source of household information that is verified by underwriters, making it a more accurate data source than self-reported survey answers. This paper discusses how mortgage data can be applied to areas of …
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Crowded HouseThe extraordinary growth in the stock market over the past several years has significantly increased wealth in the US household sector. The Flow of Funds Accounts data indicate that in the second quarter of 1998 corporate equity holdings in the household …
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Are Stocks Overtaking Real Estate in Household Portfolios?The rapid growth of the stock market since 1990 has encouraged the view that corporate equity holdings are becoming the primary asset for a broad spectrum of American households. A closer look at the evidence, however, reveals that real estate continues …
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Household Asset Portfolios and the Reform of the Housing Finance MarketWhen individuals or families make retirement planning decisions, including asset allocation choices, it is important for them to consider how all of the assets they own fit together to form an overall portfolio of house-hold wealth. Surprisingly often, …
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Housing Partnerships: A New Approach to a Market at a CrossroadsA revolutionary housing finance concept can help many more Americans buy the homes of their dreams, while simultaneously furnishing vast, new investment opportunities for financial institutions and investors. The idea: enable consumers to purchase part of …
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Health Management Education Partnerships: More Than Technology TransferThis article presents the reflections of three faculty members from New York University based on more than two years of experience in a health management education (HME) partnership with institutions in the Republic of Albania. The most significant point …
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Employment and Retirement Following a Late Career Job LossThe frequency of job loss among workers in late career has risen disproportionately in recent years. During the early 1980s, displacement rates for 55-64 year olds were the lowest of any age cohort but by the recession of the early 1990s, they had the …
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Reconsidering Risk: Biosocial Interactions and their Implications for Health Policy: The Case of Low Birth Weight.According to recent research, interactions between infant health and environment can play crucial roles in clustering health and economic disadvantage among certain families. Researchers have provided a clear example of such intergenerational biosocial …
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Child Poverty in the U.S.: An Evidence-Based Conceptual Framework for Programs and PoliciesIntroduce the concrete reality of family finances when living on the line. Describe the great variation in "supports" for low-income families & their children within & across …
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The Organization of Schooling and Adolescent DevelopmentInvesting in Children, Youth, Families, and Communities takes a theoretically exciting and socially critical view of human development and the power of context to shape positive outcomes. Co-editors Kenneth I. Maton, Cynthia J. Schellenbach, Bonnie J. …
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The Resolving Conflict Creatively Program: A School-Based Social and Emotional Learning ProgramThe Resolving Conflict Creatively Program (RCCP) is one of the oldest and largest school-based conflict resolution programs in the United States. Beginning in 1994, we planned and implemented a rigorous scientific evaluation of the RCCP, involving over …