Results 1 - 10 of 7,685

Social Capital: implications for Development Theory

by Michael Woolcock, Deepa Narayan - World Bank Research Observer , 2000
"... In the 1990s, the idea of social capital—defined here as the norms and networks that enable people to act collectively—enjoyed a remarkable rise to prominence across all the social science disciplines. We trace out the evolution of social capital research as it pertains to economic development, and ..."
Abstract - Cited by 288 (4 self) - Add to MetaCart
of the positive and negative outcomes that social capital can generate, has the greatest empirical support while lending itself to the most comprehensive and coherent policy prescriptions. Drawing on the empirical literature, we outline a conceptual framework incorporating the central findings from research

Coordination Failures and the Lender of Last Resort: Was Bagehot Right After All?

by Jean-Charles Rochet, Xavier Vives , 2004
"... The classical doctrine of the Lender of Last Resort, elaborated by Bagehot (1873), asserts that the central bank should lend to “illiquid but solvent” banks under certain conditions. Several authors have argued that this view is now obsolete: when interbank markets are efficient, a solvent bank cann ..."
Abstract - Cited by 213 (7 self) - Add to MetaCart
. In this equilibrium, there is a positive probability that a solvent bank cannot find liquidity assistance in the market. We derive policy implications about banking regulation (solvency and liquidity ratios) and interventions of the Lender of Last Resort. Furthermore, we find that public (bail-out) and private (bail

Can foreign aid buy growth

by William Easterly - Journal of Economic Perspectives , 2003
"... E conomic research on foreign aid effectiveness and economic growth fre-quently becomes a political football. But when a regression result is passedfrom one source to the next, context is often stripped away so that what the result means in public discussion is different than what the original resea ..."
Abstract - Cited by 178 (2 self) - Add to MetaCart
the dependent variable of growth rates in developing coun-tries depends on initial per capita national income, an index that measures insti-tutional and policy distortions, foreign aid and then aid interacted with policies. To avoid the problems that aid and growth may be correlated over periods of a few years

Equity ownership and the two faces of debt.

by John J Mcconnell , Henri Servaesb - Journal of Financial Economics , 1995
"... Abstract We empirically investigate the relation between corporate value, leverage, and equity ownership. For 'high-growth' firms corporate value is negatively correlated with leverage, whereas for 'low-growth' firms corporate value is positively correlated with leverage. The re ..."
Abstract - Cited by 138 (1 self) - Add to MetaCart
. The results also hint that the allocation of equity ownership among insiders, institutions, blockholders, and atomistic outside shareholders is of marginally greater significance in low-growth than in high-growth firms. The overall interpretation of the results is that debt policy and equity ownership

Generating Summaries of Multiple News Articles

by Kathleen Mckeown, Dragomir R. Radev - In Proceedings, 18th Annual International ACM SIGIR Conference on Research and Development in Information Retrieval , 1995
"... So That Nobody Has To Go To School If They Don't Want To by Roger Sipher A decline in standardized test scores is but the most recent indicator that American education is in trouble. One reason for the crisis is that present mandatory-attendance laws force many to attend school who have no wish ..."
Abstract - Cited by 141 (12 self) - Add to MetaCart
school and the argument that repeal would be a positive step toward improving education. Most parents want a high school education for their children. Unfortunately, compulsory attendance hampers the ability of public school officials to enforce legitimate educational and disciplinary policies

Do Poor Children become Poor Adults? Lessons for Public Policy from a Cross Country

by Miles Corak, Miles Corak - Comparison of Generational Earnings Mobility.” Research on Economic Inequality 13(1
"... Any opinions expressed here are those of the author(s) and not those of the institute. Research disseminated by IZA may include views on policy, but the institute itself takes no institutional policy positions. The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international r ..."
Abstract - Cited by 126 (11 self) - Add to MetaCart
Any opinions expressed here are those of the author(s) and not those of the institute. Research disseminated by IZA may include views on policy, but the institute itself takes no institutional policy positions. The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international

Trust and Growth

by Paul Joseph Zak, Paul J. Zak - Economic Journal , 2001
"... This paper presents a growth model in which property rights are insecure and costly to enforce. Losses of property provide the impetus to establish institutions which seek to enforce property rights. Institutions are shown to implement policies that enforce property rights. The model establishes tha ..."
Abstract - Cited by 126 (0 self) - Add to MetaCart
This paper presents a growth model in which property rights are insecure and costly to enforce. Losses of property provide the impetus to establish institutions which seek to enforce property rights. Institutions are shown to implement policies that enforce property rights. The model establishes

no institutional policy positions

by Steinar Holden, Fredrik Wulfsberg, Steinar Holden, Fredrik Wulfsberg, Norges Bank , 2006
"... We gratefully acknowledge the support and hospitality of our hosts, the European Central Bank. The views expressed in this paper are those of the author(s) and not those of the funding organization(s) nor of CEPR, which takes ..."
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We gratefully acknowledge the support and hospitality of our hosts, the European Central Bank. The views expressed in this paper are those of the author(s) and not those of the funding organization(s) nor of CEPR, which takes

Comparative Analysis of Labor Market Dynamics Using Markov Processes: An Application to Informality. Policy Research Working Paper Series 4429, The World Bank

by Mariano Bosch, William Maloney, Mariano Bosch, William Maloney , 2007
"... policy, but the institute itself takes no institutional policy positions. ..."
Abstract - Cited by 61 (5 self) - Add to MetaCart
policy, but the institute itself takes no institutional policy positions.

The effects of long-term vocabulary instruction on lexical access and reading comprehension

by Margaret G. Mckeown, Isabel L. Beck, Richard C. Omanson, Charles A. Perfetti - Journal of Educational Psychology
"... Abstract. A study that investigated the relationship between vocabulary instruction and reading comprehension was replicated and extended. The original study showed substantial gains in accuracy of word knowledge and speed of lexical access, but only marginal gains in comprehension. This latter resu ..."
Abstract - Cited by 127 (2 self) - Add to MetaCart
Institute of Education (NIE), Department of Education. The opinions expressed do not necessarily re-flect the position or policy of NIE, and no official endorsement should be inferred. The au-
Results 1 - 10 of 7,685