Heterogeneity in Shadow Prices of water pollutants – A study of the seafood processing industry in Vietnam
Infrastructure – brief actionable research agenda
EfD Authors:
Infrastructure, both hard (Transport) and soft (Digital), are considered catalysts of economic growth. The provision for low-carbon infrastructure, in light of public-private partnerships, is part of a larger initiative to identify the most promising research issues to support an actionable low-carbon transition in the Global South.
The impact of monetary policy on a labor market with heterogeneous workers: The case of Chile
EfD Authors:
We use a factor-augmented vector autoregressive (FAVAR) model to analyze the effect of a contractionary monetary policy shock on macroeconomic aggregates and labor market indicators for different demographic groups in Chile classified by industry, age, and income quintile. Inflation is negatively correlated with unemployment across groups. The model shows that most groups’ job-separation rate and wage volatility increase after an interest rate rise. The response of the job-finding rate is mixed, decreasing in some groups and rising in others after an interest rate shock.
Hire purchase schemes and adoption of LPG cookstoves: Experimental evidence from Uganda
EfD Authors:
Highlights:
▪ Hire purchase schemes increase vendors' likelihood of buying an LPG cookstove.
▪ Hire purchase schemes with a learning opportunity have a greater effect on the vendor’s likelihood of buying an LPG cookstove.