nep-cwa New Economics Papers
on Central and Western Asia
Issue of 2006‒09‒16
seven papers chosen by
Nurdilek Hacialioglu
Open University

  1. Turkish Experience With Implicit Inflation Targeting By Ali Hakan Kara
  2. On Modelling Variety in Consumption Expenditure on Food By Raghbendra Jha; Raghav Gaiha; Anurag Sharma
  3. From Farmers to Merchants, Voluntary Conversion and Diaspora: A Human Capital Interpretation of Jewish History By Maristella Botticini; Zvi Eckstein
  4. The Determinants of Sovereign Spreads in Emerging Markets By Olcay Yucel Culha; Fatih Ozatay; Gulbin Sahinbeyoglu
  5. Are Rural Credit Markets Competitive? Is There Room for Competition in Rural Credit Markets? By Kilkenny, Maureen; Jolly, Robert W.
  6. Tendencies and problems of economical insolvency (bankruptcy) institution development in Belarus: 1991-2005 By Aliaksei Smolski
  7. Unemployment Dynamics among Migrants and Natives By Arne Uhlendorff; Klaus F. Zimmermann

  1. By: Ali Hakan Kara
    Date: 2006
    URL: http://d.repec.org/n?u=RePEc:tcb:wpaper:0603&r=cwa
  2. By: Raghbendra Jha; Raghav Gaiha; Anurag Sharma
    Abstract: In this paper we compute nutrient-expenditure elasticities for two macro nutrients (calories and protein) and five micro nutrients (calcium, thiamine, riboflavin, calcium and iron) using an all India sample of rural households for 1994. We show that in each case the respective elasticities are positive and significant. This lends support to our hypothesis that an increase in income would increase nutrient intake by varying amounts, contrary to some assertions. We then compute differences in the elasticity of substitution for rich and poor across commodity groups and show that these differences, while significant, are small. This further corroborates our conclusion that increases in income of the poor would lead to greater increases in their nutrient intake as compared to the non-poor, although the magnitudes will be small.
    JEL: C34 I32 J21 J43
    Date: 2006
    URL: http://d.repec.org/n?u=RePEc:pas:papers:2006-10&r=cwa
  3. By: Maristella Botticini; Zvi Eckstein
    Abstract: From the end of the second century C.E., Judaism enforced a religious norm requiring any Jewish father to educate his children. We present evidence supporting our thesis that this exogenous change in the religious and social norm had a major influence on Jewish economic and demographic history. First, the high individual and community cost of educating children in subsistence farming economies (2nd to 7th centuries) prompted voluntary conversions, which account for a large share of the reduction in the size of the Jewish population from about 4.5 million to 1.2 million. Second, the Jewish farmers who invested in education, gained the comparative advantage and incentive to enter skilled occupations during the vast urbanization in the newly developed Muslim Empire (7th and 8th centuries) and they actually did select themselves into these occupations. Third, as merchants the Jews invested even more in education–a pre-condition for the extensive mailing network and common court system that endowed them with trading skills demanded all over the world. Fourth, the Jews generated a voluntary diaspora by migrating within the Muslim Empire, and later to western Europe where they were invited to settle as high skill intermediaries by local rulers. By 1200, the Jews were living in hundreds of towns from England and Spain in the West to China and India in the East. Fifth, the majority of world Jewry (about one million) lived in the Near East when the Mongol invasions in the 1250s brought this region back to a subsistence farming economy in which many Jews found it difficult to enforce the religious norm regarding education, and hence, voluntarily converted, exactly as it had happened centuries earlier.
    Keywords: social norms, religion, human capital, Jewish economic and demographic history, occupational choice, migration.
    JEL: J1 J2 N3 O1 Z12 Z13
    Date: 2006
    URL: http://d.repec.org/n?u=RePEc:cca:wpaper:2&r=cwa
  4. By: Olcay Yucel Culha; Fatih Ozatay; Gulbin Sahinbeyoglu
    Date: 2006
    URL: http://d.repec.org/n?u=RePEc:tcb:wpaper:0604&r=cwa
  5. By: Kilkenny, Maureen; Jolly, Robert W.
    Abstract: Not available.
    Date: 2006–05–31
    URL: http://d.repec.org/n?u=RePEc:isu:genres:12634&r=cwa
  6. By: Aliaksei Smolski (Vitebsk State Technological University)
    Abstract: The paper investigates becoming and development of bankruptcy institution in Republic of Belarus after USSR disintegration. It shows the approaches of government to regulation of bankruptcy at different stages of transitional economy development and its current state. The economical, legal and political problems of bankruptcy institution application in Belarus are reviewed.
    Keywords: transition economy, insolvency, bankruptcy
    JEL: E61 G33 K12 P21
    URL: http://d.repec.org/n?u=RePEc:nos:wuwpfi:smolski_aliaksei.41567-11&r=cwa
  7. By: Arne Uhlendorff; Klaus F. Zimmermann
    Abstract: Unemployment rates are often higher for migrants than for natives. This could result from longer periods of unemployment as well as from shorter periods of employment. This paper jointly examines male native-migrant differences in the duration of unemployment and subsequent employment using German panel data and bivariate discrete time hazard rate models. Compared to natives with the same observable and unobservable characteristics, unemployed migrants do not find less stable positions but they need more time to find these jobs. The probability of leaving unemployment also varies strongly between ethnicities, while first and second generation Turks are identified as the major problem group. Therefore, policy should concentrate on the job finding process of Turkish migrants to fight their disadvantages on the labor market.
    Keywords: Unemployment duration, employment stability, bivariate hazard rate models, migration, ethnicity
    JEL: C41 J61 J64
    Date: 2006
    URL: http://d.repec.org/n?u=RePEc:diw:diwwpp:dp617&r=cwa

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