Archive for April 1st, 2011

Impact of opera houses on city/region growth

April 1, 2011

Ifo Institute for Economic Research in Munich economists have a nice study on the topic (HT: Economix Blog).

The paper looks at German cities that built Baroque opera houses built before 1800. They say these houses attracted well-educated workers who prefer to live near cultural amenities. Moreoevr, proximity to an opera house can increase regional growth by as much as 2 percentage points.

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The challenge of gender diversity in central banks

April 1, 2011

I am still going through the findings of Census of India-2011. The preliminary findings have raised concerns over declining sex-ration in 0-6 years indicating preference of male child and female feticide continues.

Meanwhile I came across this interesting speech by Joanne Kellermann of Netherlands Central bank.  She is the only woman on the governing board of the central bank. In the speech she touches on how the bank is trying to increase women in the bank’s workforce and making it more diverse.

First she says women are suitable job candidates as they have  more patience:

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The Microfinance Mystery

April 1, 2011

Martin Ravallion of World Bank revisists the research on whether microfinance is useful or not.

Actually he looks at battle of papers between two sets of  economists – one says microfinance is useful and other says it is not.

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