Geographical spillovers on the relation between risk-taking and market power in the US banking sector

Submitted by César Salazar on
EfD Authors:

This paper investigates the relation between risk taking and market power in the US banking sector by introducing the effect of geographical spillovers caused by the transmission of risk taking among banks. For this purpose, we use spatial econometrics. Our results support a negative relation between risk taking and market power. The transmission of risk taking causes significant geographical spillovers, which increases the magnitude of the relation under analysis here.

Urban

What has an Influence on Confidence in institutions? Empirical Evidence for Chile

Submitted by César Salazar on
EfD Authors:

This research estimates an ordered probit model with data from the 2014 LAPOP survey to explore the factors that explain confidence in institutions in Chile. Results show an increased lack of confidence from the original peoples toward security institutions, probably due to the Mapuche Conflict. There is also a positive effect of democracy and performance variables that unveils differences in responsibilities between the executive power and the municipalities.

Policy Design

The Handbook of Economic Development and Institutions

Submitted by Tanay Ray Bhatt on

The book discusses the foundations of economics development and institutions. The chapters touch on several issues such as  :  

1) Institutions,Clientalism and Inequality

2) Institutions and Growth 

3) Trade, Aid and Migration

4)Families,Gender and Culture 

5) Sectoral Approaches

 

EfD India contribtuion : Book Chapters by Rohini Somanathan (Part 1 chapter 4) and E. Somanathan (Part 5, Chapter 20) 

Policy Design, Urban

Challenges of organised community resistance in the context of illicit economies and drug war policies: insights from Colombia

Submitted by Manuela Fonseca on

The voice and role of communities, particularly their capacity to organise and resist, has been understudied in the specialised literature on illicit crops and largely ignored in policy debates. Based on ongoing research in Colombia, this policy paper explores the capacity of communities to organise and resist – as a manifestation of cultural and social capital – in the context of illicit economies.

Policy Design

Does exclusion matter in conservation agreements? A case of mangrove users in the Ecuadorian coast using participatory choice experiments.

Submitted by Manuela Fonseca on

Payments for environmental services (PES) constitute a growing approach to achieve the sustainability of ecosystems and the benefits they provide to people. However, informal tenure and lack of capacity to enforce property rights impede implementation of PES initiatives. Such challenges are common for local communities in coastal and marine areas who overexploit Common-Pool Resources (CPR) under open access. Assigning property rights to organized users has been implemented as a solution, transforming a public good into a club good.

Conservation

Chapter 13: (Real) behavior meets (real) institutions: towards a research agenda on the study of the commons

Submitted by Manuela Fonseca on
EfD Authors:

"Chapter 13: (Real) behavior meets (real) institutions: towards a research agenda on the study of the commons" in A Research Agenda for New Institutional Economics. Elgar Research Agendas. Edited by:Claude Ménard and Mary M. Shirley. 2018.

Abstract Chapter 13:

Experiments

The impact of protected area governance and management capacity on ecosystem function in Central America

Submitted by Eugenia Leon on

Protected areas (PAs) are a prominent approach to maintaining and enhancing biodiversity and ecosystem services. A critical question for safeguarding these resources is how PA governance processes and management structures influence their effectiveness. We conduct an impact evaluation of 12 PAs in three Central American countries to assess how processes in management restrictions, management capacity, and decentralization affect the annual change in the satellite-derived Normalized Difference Vegetation Index (NDVI).

Conservation, Policy Design

Why (field) experiments on unethical behavior are important: Comparing stated and revealed behavior

Submitted by Salvatory Macha on

Understanding unethical behavior is essential to many phenomena in the real world. We carry out a field experiment in a unique setting that varies the levels of reciprocity and guilt in an ethical decision. A survey more than one year before the field experiment allows us to compare at the individual level stated unethical behavior with revealed behavior in the same situation in the field. Our results indicate a strong discrepancy between stated and revealed behavior, regardless of the specific treatment in the field experiment.

Experiments

Measuring Trust in Institutions

Submitted by Eugenia Leon on

In empirical studies, survey questions are typically used to measure trust; trust games are also used to measure interpersonal trust. In this paper, we measure trust in different institutions by using both trust games and survey questions. We find that generalized trust is only weakly correlated with trust in specific institutions, when elicited both by using a trust game and by using survey questions. However, the correlation between trust in a specific institution elicited through a trust game and stated trust for the same institution is stronger and statistically significant.

Policy Design