This study provides new evidence regarding reciprocal brokered deposits (RBDs), regulatory responses, and bank risk, contributing to prior studies in four ways. First, using updated financial Call Report data and bank failure data through 2012, we reexamine the moral hazard hypothesis that banks...

India's National Rural Employment Guarantee Scheme (NREGS) has been hailed as one of the country's most creative social initiatives. Since the program was begun only recently (in 2004-05) there is a need to assess its impact on households not just in one year but over time. To the best of our...

This paper focuses on the targeting accuracy of NREG in two Indian states, Madhya Pradesh (MP) and Tamil Nadu (TN), based on household data for 2008–09. In order to overcome the difficulties arising from the use of a headcount index and a specific poverty threshold, stochastic dominance tests...

Given that the phenomenon of capture of public programs by sections the population is rampant in developing countries, households can indulge in a strategy to improve their odds of participating in public programs by bribing the suppliers of such programs. This is an important issue affecting...

In 1986, Mosely first drew attention to an apparent paradox in the performance of international aid. Microeconomic data from evaluations of aid financed projects showed a majority of projects were successful, whereas macroeconomic data from regressions of aid on growth were discouraging. The...

ndia's National Rural Employment Guarantee Scheme (NREGS) has been hailed as one of the country's most creative social initiatives. Since the program was begun only recently (in 2004-05) there is a need to assess household access to this program and persistence of benefits to households not just...

China is considering a national emissions trading scheme, to follow several pilot schemes, as part of the suite of policies to reduce the growth of greenhouse gas emissions. A carbon tax or tax-like scheme could be an alternative. However there are special challenges in a fast-growing economy...

In the context of rural India this paper focuses on six questions. a) Does gender of the elected representatives’ matter; specifically do political reservations help in reducing vulnerability? b) What will be the impact of regime changes on resource re-allocation and on household consumption?...

The objective of the present study is to answer the question whether the corporate organized retail outlets (ORO) have exerted any harmful effects on the small unorganized retail outlets(URO) in India. Answer to this question will facilitate us to gauge the impact of corporate FDI in retail on...

Given that the phenomenon of capture of public programs by sections the population is rampant in developing countries, households can indulge in a strategy to improve their participating in public programs by bribing the suppliers of such programs. This is an important issue affecting both the...