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http://hdl.handle.net/11375/24985
Title: | Three Essays in Economics |
Authors: | Rahman, Md Mahbubur |
Advisor: | Johri, Alok |
Department: | Economics |
Keywords: | Economic Policy, Macroeconomics |
Publication Date: | 2019 |
Abstract: | This thesis attempts to answer three important questions: 1) Why did India's relative price of investment rise in 80s and fall in 1990s and afterwards? 2) Why is agricultural productivity very low in India? and 3) Did the pro-natalist policy in Quebec accomplish its goal of increasing fertility? Specifically, this thesis comprises of three essays. Chapter 1 builds a simple dynamic general equilibrium model calibrated to Indian data, in order to explore the impact of capital import substitution policies and their reform post-1991. The model delivers a 23% rise before reform and a 28% fall thereafter. Chapter 2 develops a tractable quantitative framework by incorporating one potential explanation - if residing in a village provides access to a network that effectively insures against income fluctuations, then households are less willing to live in cities where labor income risk is uninsured. This chapter shows that implementation of a social insurance system in the urban area could have raised the labor productivity agricultural sector. Chapter 3 studies the effects of a pro-natalist policy in Quebec and finds Quebec’s baby bonus accomplished its goal of increasing fertility. It finds a large response for third and higher-order births for which the bonus was more generous. Interestingly, it also finds a stronger response if there were two previous sons or a previous son and daughter rather than two previous daughters. |
URI: | http://hdl.handle.net/11375/24985 |
Appears in Collections: | Open Access Dissertations and Theses |
Files in This Item:
File | Description | Size | Format | |
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Rahman_Md_Mahbubur_2019_09_PhD_thesis.pdf | 1.14 MB | Adobe PDF | View/Open |
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