Suchergebnisse

From a macroeconomic standpoint it has been clear for years that the post-Soviet economy could not be sustained, but neither Keynesian, Monetarist nor Real Business cycle models can describe the chaos. Discusses three themes, showing how the pursuit of laissez-faire threatens continuing collapse: the structure of industry, money and finance, and some legal and political aspects.

This study evaluates the impact of depression treatment on economic behavior in Karnataka, India. We cross-randomized pharmacotherapy and livelihoods assistance among 1000 depressed adults and evaluated impacts on depression severity, socioeconomic outcomes, and several potential pathways over 26 months. The pharmacotherapy treatments reduce depression severity, with benefits that persist after treatment concludes. They substantially increase child human capital investment, particularly for older children, and reduce risk intolerance and the incidence of negative shocks. These findings suggest two pathways through which depression may perpetuate poverty.