Search results for "Transfers"
showing 4 items of 34 documents
The effect of weight on labor market outcomes: An application of genetic instrumental variables
2019
This paper contributes to the literature on the labor market consequences of obesity by using a novel instrument: genetic risk score, which reflects the predisposition to higher body mass index (BMI) across many genetic loci. We estimate instrumental variable models of the effect of BMI on labor market outcomes using Finnish data that have many strengths, for example, BMI that is measured rather than self‐reported, and data on earnings and social income transfers that are from administrative tax records and are thus free of the problems associated with nonresponse, reporting error or top coding. The empirical results are sensitive to whether we use a narrower or broader genetic risk score, …
A New Aid Modality for Africa: Old Age Cash Transfers
2010
This paper examines the issue of foreign aid and cash transfers to individuals in low-income economies typically found in Africa. Old-age conditional cash transfers and new mobile banking technology can cope with the well-documented problems related to moral hazard and high transaction costs with such policy interactions. Cash transfers can stimulate old and retired individuals’ demand for the consumption goods and services, and thereby affect product prices and wages. Developing economies being characterised by underemployment and gross substitution between consumption and leisure, these transfers can stimulate the labour supply and increase capacity utilisation and the production of labou…
Vote Transfers, Thwarted Voters and Newcomers in the 2009 Presidential Runoff in Romania
2011
Abstract This article investigates the role of thwarted voters and newcomers in setting the result of the December 6th, 2009 presidential runoff in Romania. For this purpose it employs panel survey data from the Romanian Election Studies, collected across three waves: pre-election, between the two rounds, post-election. Initially, it draws a picture of the main evolutions in turnout and vote between the first and the second round, with a special emphasis on vote transfers and risks associated to turnout and pro-winner overreporting. Then it analyzes the thwarted voters and their rationalities of making second-order electoral choices in the presidential runoff. The influence of campaign deve…
Stimulating economic growth in the least developed countries: direct cash transfers for the retired via mobile phones
2013
The result of current aid policies is that only a small percentage of foreign aid reaches the poorest of the poor in the least developed countries. Current trends of urbanisation and self-reliance place elderly people in an increasingly difficult situation. This paper aims to stimulate debate by introducing an alternative mechanism for foreign aid. With the help of an economic model, we demonstrate how direct cash transfers to elderly people can spur economic growth. Targeting all elderly people above a certain age minimises selection costs and removes perverse incentives. The use of new mobile phone technologies reduces transaction costs and makes our proposed modality feasible including i…