Publication Search Results

This presentation was given by Joseph Kaboski, with co-authors Francisco Buera and Yongseok Shin, at the "Financial Deepening, Macro-Stability, and Growth in Developing Countries"...

This paper evaluates the short-term impact of Thailand’s Million Baht Village Fund program, among the largest scale government microfinance initiative in the world, using pre- and postprogram panel data and quasi-experimental cross-...

Winner, 2012 Frisch Medal in Econometrics. This paper uses a structural model to understand, predict, and evaluate the impact of an exogenous microcredit intervention program, the Thai Million Baht...

Income differences across countries primarily reflect differences in total factor productivity (TFP). More disaggregate data suggest that the TFP gap between rich and poor countries varies systematically across industrial sectors of the economy...

This paper provides a quantitative evaluation of the aggregate and distributional impacts of economy-wide microfinance or other credit programs targeted toward small-scale entrepreneurs.  In our analysis, we find that the redistributive...

Two traditional explanations for structural changes are sector-biased technological progress and non-homothetic preferences. This paper integrates both into an otherwise standard growth model and quantitatively evaluates them vis-a-vis time...

This paper analyzes the role of specialized high-skilled labor in the growth of the service sector as a share of the total economy. Empirically, we emphasize that the growth has been driven by the consumption of services. Rather than being...

Structural change involves a broad set of trends: (i) sectoral reallocations, (ii) rich movements of productive activities between home and market, and (iii) an increase in the scale of productive units. After extending these facts, we develop...