Well worth 46 minutes on Boxing Day
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Things I read and found interesting
Moyo is less convincing, however, when she tries to argue that aid itself has been the crucial factor holding Africa back, and she verges on deliberate provocation when she proposes terminating all aid within five years -- a proposal that is both impractical (given existing long-term commitments) and unhelpful (since an abrupt withdrawal of aid would leave chaos in its wake).
| The effects of maternal fasting during Ramadan on birth and adult outcomes | |||
Abstract | |||
| We use the Islamic holy month of Ramadan as a natural experiment for evaluating the short and long-term effects of fasting during pregnancy. Using Michigan natality data we show that in utero exposure to Ramadan among Arab births results in lower birthweight and reduced gestation length. Preconception exposure to Ramadan is also associated with fewer male births. Using Census data in Uganda we also find that Muslims who were born nine months after Ramadan are 22 percent (p =0.02) more likely to be disabled as adults. Effects are found for vision, hearing, and especially for mental (or learning) disabilities. This may reflect the persistent effect of disruptions to early fetal development. We find no evidence that negative selection in conceptions during Ramadan accounts for our results. Nevertheless, caution in interpreting these results is warranted until our findings are corroborated in other settings. ; Not for Citation.. Prenatal care ; Ramadan ; Fasting (Islam) | |||
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The U.S., UK, and Canada are world leaders in plutonomy.... Countries and regions that are not plutonomies: Scandinavia, France, Germany, other continental Europe (except Italy), and Japan.

Dastrup and Carson look at how the magnitudes of the price declines correlate with a number of other community characteristics such as overbuilding (as measured by growth in building permits relative to the local labor force), extent of subprime lending, owner-occupied units, and fundamentals such as median income. Dastrup and Carson find that all of these measures were statistically significantly related to the magnitude of the housing price decline. But by far the most important variable was the magnitude of the previous price run-up, which all by itself can account for more than half of the observed variance in the size of the price decline across different communities.
I read a lot of stuff and I used to forward what I found interesting/fun to friends. Rather than emailing, I am posting the links here. In this “No Original Content” blog there is nothing of my own (at least for the moment), just a bunch of links (mostly in English but I will also try to add Italian/Spanish/French links).
I don’t think that I will express any views here (remember: “No Original Content”), but in case I were to express a view, this should be interpreted as my own view and not that of any institution I am or I have been affiliated with.
About me: My name is Ugo Panizza, my website is here.