The many dimensions of poverty in Albania: income, wealth and perceptions

This paper aims at assessing poverty in Albania through the use of an asset index whose effectiveness is compared with consumption in explaining differences in results of health and educational outcomes. Firstly, an asset index is constructed by the use of factor analysis and principal component techniques; then, two probit models are estimated assessing enrolment rate for secondary education and chronic disability in Albania using the asset index as an independent variable to compare its effectiveness with expenditures. The World Bank LSMS Survey of 2002 is used in the analysis.asset index; wealth; multidimensional poverty

Estimating demand for money in Jamaica

This paper estimates the money demand function for Jamaica using cointegration method. This approach provides estimates of the long run structural relations and focuses also on the complex short run feedbacks of monetary policy on strategic macro variables.jamaica; demand for money; cointegration

Why do educated mothers matter? A model of parental help

This paper investigates the role performed by mothers in affecting their childrens’ performance at school. The article develops firstly a theoretical model in which household (parent - child pair) is treated as an individual, whose utility depends both on the performance at school of the student and on consumption. The model focuses on the different possibilities through which help of mothers may affect pupil’s performance both in terms of time devoted to supervision and spillover effects. Empirical evidence then, using PISA 2006 and focusing on Italian case, shows that education of mothers is an issue when interacted with her occupational status. Highly educated mothers have a positive impact on students’ score only when they are highly qualifed in the job market.Education, PISA, quantile regressions, parental help

Why do educated mothers matter? A model of parental help

The paper investigates the role of mothers in affecting childrens' performance at school. It develops a theoretical model in which household is treated as an individual, whose utility depends on the performance at school of the student and on consumption. The model focuses on the possibilities through which mother’s help may affect pupil's performance in terms of time devoted to supervision and spillover effects. Empirical evidence, using Italian PISA 2006, shows that highly educated mothers have a positive impact on students' score only when they are highly qualified in the job market.Education; PISA; quantile regressions; parental help

Why do educated mothers matter? A model of parental help

This paper investigates the role performed by mothers in affecting their childrens’ performance at school. The article develops firstly a theoretical model in which household (parent - child pair) is treated as an individual, whose utility depends both on the performance at school of the student and on consumption. The model focuses on the diferent possibilities through which help of mothers may affect pupil’s performance both in terms of time devoted to supervision and spillover effects. Empirical evidence then, using PISA 2006 and focusing on Italian case, shows that education of mothers is an issue when interacted with her occupational status. Highly educated mothers have a positive impact on students’ score only when they are highly qualifed in the job market

An ex ante evaluation of the Revenu de Solidarité Active by micro-macro simulation techniques

This paper aims to investigate the effects of the introduction of an active welfare state measure in France, the Revenu de Solidarité Active, which replaced the old system of social minima. By using a micro-macro simulation model, we characterize the effects on households' disposable income, labor supply, wages, GDP, public deficit, and other micro and macroeconomic aspects. Our findings suggest that although increasing public expenditure, the reform largely repays its cost by reducing involuntary unemployment, increasing labor supply and private consumption and thus improves GDP and the deficit/GDP ratio. If the great recession did not occur, poverty and inequality would have been significantly reduced by the RSA reform

The many dimensions of poverty in Albania: income, wealth and perceptions

This paper aims at assessing poverty in Albania through the use of an asset index whose effectiveness is compared with consumption in explaining differences in results of health and educational outcomes. Firstly, an asset index is constructed by the use of factor analysis and principal component techniques; then, two probit models are estimated assessing enrolment rate for secondary education and chronic disability in Albania using the asset index as an independent variable to compare its effectiveness with expenditures. The World Bank LSMS Survey of 2002 is used in the analysis

Estimating demand for money in Jamaica

This paper estimates the money demand function for Jamaica using cointegration method. This approach provides estimates of the long run structural relations and focuses also on the complex short run feedbacks of monetary policy on strategic macro variables

The many dimensions of poverty in Albania: income, wealth and perceptions

This paper aims at assessing poverty in Albania through the use of an asset index whose effectiveness is compared with consumption in explaining differences in results of health and educational outcomes. Firstly, an asset index is constructed by the use of factor analysis and principal component techniques; then, two probit models are estimated assessing enrolment rate for secondary education and chronic disability in Albania using the asset index as an independent variable to compare its effectiveness with expenditures. The World Bank LSMS Survey of 2002 is used in the analysis

Estimating demand for money in Jamaica

This paper estimates the money demand function for Jamaica using cointegration method. This approach provides estimates of the long run structural relations and focuses also on the complex short run feedbacks of monetary policy on strategic macro variables