In this paper, we examine major trends and potential for cooperatives in the context of four
prominent socio-economic issues: the lack of jobs, economic and social inequality,
educational mobility, and the priority need for innovations. We present recent data on the
amount and types of job...
Comparing domestic- and foreign-owned firms in Germany, this paper finds that foreignowned
firms are more likely to focus on short-term profit. This influence is particularly strong
if the local managers of the German subsidiary are not sent from the foreign parent company.
This paper examines strategies developed by Mondragón Co-operative Corporation in the
Basque Region of Spain, and La Lega co-operative network in Italy, to mitigate
disadvantages of the typical co-operative organizational structure and market position but
without losing its critical advantages...
Michael Porter’s Competitive Advantage of Nations, though it is written from the perspective of the business school rather than the economics department, and is primarily focused on understanding
the distribution of leading positions in industries held by the advanced economies, is potentially...
Using household data from Vietnam, we provide evidence on the effects of education on
freedom of spouse choice. We use war disruptions and spatial indicators of schooling supply
as instruments. The point estimates indicate that a year of additional schooling reduces the
probability of an...
Heat waves, defined as an interval of abnormally hot and humid weather, have been a
prominent killer in recent years. With heat waves worsening with climate change, adaptation
is essential; one strategy has been to issue heat wave warnings and undertake awareness
campaigns to bring about...
This paper constitutes the introductory essay for the special issue of Climate
Change Economics, edited by Malik and Smith, forthcoming in 2012, examining
adaptation to climate change in low-income countries. The paper first characterizes
different types of adaptations from an economic...
In the growth literature, evidence on income convergence is mixed. Inthe development literature, health and education indicators are also often used. This study examines whether health and education levels are converging across countries and calculates their convergence speed, using data from 100...
Headcount measures of poverty are by far the most common tools for evaluating
poverty and gauging progress in global development goals. The headcount ratio, or
the prevalence of poverty, and the headcount, or the number of the poor, both convey
tangible information about poverty. But both...