Reconstruction following Destruction: Entrepreneurship in the Aftermath of a Natural Disaster
by Richard Lombardo Abstract Entrepreneurship is thought to be the engine of growth in many developing countries. There is, however, a paucity of evidence on the role that entrepreneurship plays in rebuilding economic livelihoods both in the short and longer-term in the aftermath of a large-scale shock. This is an important gap in the literature […]
Short and Long-Term Impacts of a Large-Scale Natural Disaster on Individual Labor Outcomes: Evidence from the 2004 Indian Ocean Tsunami
by Tony Sun Abstract Natural disasters are often highly disruptive to the livelihoods of impacted populations. This paper investigates the effects of the 2004 Indian Ocean tsunami on male wages and labor supply from its immediate aftermath into the long run. Using fixed effects models that account for individual-specific heterogeneity, I find evidence of significant […]
Evolution of Wealth and Consumption in the Aftermath of a Major Natural Disaster
By Ralph Lawton Natural disasters can have catastrophic personal and economic effects, particularly in low-resource settings. Major natural disasters are becoming more frequent, so rigorous understanding of their effects on long-term economic wellbeing is fundamentally important in order to mitigate their impacts on exposed populations. In this paper, I investigate the effects of the […]
Measuring the Long-term Effects of Orphanhood
By Nicholas Thomas Gardner This paper works towards developing the narrative of orphans whose parent or parents died from natural disaster. By taking advantage of the unanticipated nature of death from the 2004 Indonesian tsunami, orphanhood can be treated as much closer to random than similar literature using data centered on HIV/AIDS related deaths. We […]
24K Magic: Evidence on Maternal Asset Ownership and Children’s Long Term Outcomes in Indonesia
By Maya Durvasula Household resource allocation in response to economic shocks is of central importance for policy makers, especially given widely documented evidence of gender biases. In this paper, I exploit a plausibly exogenous shock to maternal asset holdings in Indonesia to examine gender biases in resource allocation in the wake of the 1998 East […]
Protecting Long Term Human Capital in a Financial Crisis: Evidence from the Indonesian Family Life Survey
by Sachet Bangia Abstract The East Asian Financial crisis of the late nineties made its way to Indonesia in January 1998. Using longitudinal data from the Indonesian Family Life Survey (1993-2015), this paper studies the impact of the crisis on education attainment. In the midst of economic upheaval, households with liquid assets at hand, particularly […]
Long-Term Contracts and Predicting Performance in MLB
By Drew Goldstein In this paper, I examine whether MLB teams are capable of using players’ past performance data to sufficiently estimate future production. The study is motivated by the recent trend by which teams have increasingly signed long-term contracts that lock in players for up to ten seasons into the future. To test this […]
The Pen or the Sword: Determining the Effects of Different Types of Coups D’état on Income Inequality
By Jie Wei Chia Existing literature on the relationship between income inequality and coup d’états focus on how the former cause the latter. No research has yet been done on how coup d’états affect income inequality after their occurrence. This study uses cross–country panel data and fixed effects with instrumental variables models to examine the […]
