scholarly journals The Impact of Covid-19 on Trump’s Electoral Demise

2020 ◽  
Author(s):  
Sergi Pardos-Prado ◽  
Anja Neundorf
Keyword(s):  
Low Income ◽  
Economic Voting ◽  
Economic Downturn ◽  
Democratic Accountability ◽  
Present Survey ◽  
The Poor ◽  
Percentage Points ◽  
The Impact ◽  
Trump Administration

Did the Covid-19 crisis have a significant effect on Trump's electoral demise? We present survey experimental evidence on two substantial effects of the pandemic. First, the unprecedented economic downturn significantly depressed Trump's popular support across all partisan groups, and especially among middle-low and low-income respondents. Second, the poor public health record of the Trump administration reduced its electoral prospects in 25 percentage points among citizens aged between 55 and 70 years old. By contrast, populist attitudes proved to have a negligible effect on the outcome. We conclude that the 2020 election was a normal contest compatible with theories of economic voting and political competence. Our results cast doubts on the role of populism as a major and permanent electoral driver of Trump’s base, and suggest that democratic accountability is a powerful determinant of the fate of political outsiders once in power.

scholarly journals The Impact of COVID-19 on Trump’s Electoral Demise: The Role of Economic and Democratic Accountability

2021 ◽  
pp. 1-17
Author(s):  
Anja Neundorf ◽  
Sergi Pardos-Prado
Keyword(s):  
Low Income ◽  
Economic Voting ◽  
Economic Downturn ◽  
Health Record ◽  
Democratic Accountability ◽  
Present Survey ◽  
The Poor ◽  
The Impact ◽  
Trump Administration

Did the COVID-19 crisis have a significant effect on Trump’s electoral demise? We present survey experimental evidence on two substantial effects of the pandemic. First, information on the unprecedented economic downturn significantly depressed Trump’s popular support across all partisan groups, and especially among middle-low and low-income respondents. Second, being primed on the poor public health record of the Trump administration reduced its electoral prospects among citizens between 55 and 70 years old. We conclude that the 2020 election was a normal contest compatible with theories of economic voting and political competence. Our results suggest that democratic accountability can be a powerful determinant of the fate of populist leaders once in power.

scholarly journals Time versus State in Insurance: Experimental Evidence from Contract Farming in Kenya

2018 ◽  
Vol 108 (12) ◽  
pp. 3778-3813 ◽  
Author(s):  
Lorenzo Casaburi ◽  
Jack Willis
Keyword(s):  
Crop Insurance ◽  
Counterparty Risk ◽  
Harvest Time ◽  
Contract Farming ◽  
Present Bias ◽  
The Poor ◽  
Percentage Points ◽  
Randomized Control ◽  
The Difference

The gains from insurance arise from the transfer of income across states. Yet, by requiring that the premium be paid up front, standard insurance products also transfer income across time. We show that this intertemporal transfer can help explain low insurance demand, especially among the poor, and in a randomized control trial in Kenya we test a crop insurance product which removes it. The product is interlinked with a contract farming scheme: as with other inputs, the buyer of the crop offers the insurance and deducts the premium from farmer revenues at harvest time. The take-up rate for pay-at-harvest insurance is 72 percent, compared to 5 percent for the standard pay-up-front contract, and the difference is largest among poorer farmers. Additional experiments and outcomes provide evidence on the role of liquidity constraints, present bias, and counterparty risk, and find that enabling farmers to commit to pay the premium just 1 month later increases demand by 21 percentage points. (JEL G22, I32, O13, O16, Q12, Q14)

scholarly journals The Impact of Interest Rate Ceilings on Microfinance Industry

2015 ◽  
Vol 2 (2) ◽  
pp. 10
Author(s):  
Ali Saleh Alshebami ◽  
D. M. Khandare
Keyword(s):  
Interest Rate ◽  
Interest Rates ◽  
Low Income ◽  
Secondary Data ◽  
Research Subject ◽  
Access To Credit ◽  
The Poor ◽  
Good Intention ◽  
The Interest Rate ◽  
The Impact

<p>Imposing ceilings on the interest rate has recently become one of the new hottest topics in microfinance industry; various debates have been discussing this issue to know the effect of interest rate ceilings on the supply of credit in particular and on microfinance industry in general. However in spite of the good intention behind these ceilings, there was no absolute result stating that ceilings have really contributed to the improvement or protection of the poor clients, indeed, these ceilings have hurt those low income people instead of helping them, due to these ceilings most of MFIs left the market or reduced their scale due to the inability to continue operating with low interest rate leaving the very poor clients without access to credit. Thus, the purpose of this paper is to review the impact of imposing such ceilings on the interest rates and to find out what alterative solutions can be employed as substitutes for them. This paper is entirely based on the secondary data collected from various records related to microfinance such as microfinance books, official websites and reports, published papers, and other sources related to the research subject.</p>

scholarly journals Challenges Facing Financial Inclusion Due to the COVID-19 Pandemic

2020 ◽  
Vol 3 (2) ◽  
pp. 50
Author(s):  
Tea Kasradze
Keyword(s):  
Low Income ◽  
Small And Medium Enterprises ◽  
Financial Inclusion ◽  
Financial Resources ◽  
Financial Products ◽  
The Poor ◽  
Wide Range ◽  
Medium Enterprises ◽  
The Impact ◽  
Poor Population

Financial inclusion is often considered as an access to financial resources for the wide public and small and medium-sized businesses, although it is a much broader concept and includes a wide range of access to quality financial products and services, including loans, deposit services, insurance, pensions and payment systems. Mechanisms for protecting the rights of consumers of financial products and services are also considered to be subject to financial inclusion. Financial inclusion acquires great importance during the pandemic and post-pandemic period. The economic crisis caused by the pandemic is particularly painful for low-income vulnerable population. A large part of the poor population who were working informally has lost source of income due to lockdown from the pandemic. Remittances have also been reduced / minimized, as the remitters had also lost jobs and are unable to send money home. Today, when people die from Coronavirus disease, it may be awkward to talk about the financial side of a pandemic, but the financial consequences can be far-reaching if steps are not taken today to ensure access to and inclusion of financial resources. The paper examines the impact of the pandemic on financial inclusion and the responses of the governments and the financial sectors to the challenge of ensuring the financial inclusion of the poor population and small and medium enterprises.

But what about that nice house you own? The impact of asset tests in minimum income schemes in Europe: An empirical exploration

2020 ◽  
pp. 095892872097013
Author(s):  
Sarah Marchal ◽  
Sarah Kuypers ◽  
Ive Marx ◽  
Gerlinde Verbist
Keyword(s):  
Household Finance ◽  
Welfare States ◽  
Microsimulation Model ◽  
Anglo Saxon ◽  
Minimum Income ◽  
The Poor ◽  
The Impact ◽  
Consumption Survey ◽  
European Welfare States

Means-tested transfer schemes in Europe and elsewhere tend to include not only income tests but also asset tests of various sorts. The role of asset tests in minimum income protection provisions has been extensively researched in the Anglo-Saxon context. Far fewer authors have assessed the role of asset tests on social policy in a continental European context. Although asset tests may be useful in singling out the more deserving of the poor, we know relatively little of their actual impact on eligibility and social outcomes in European welfare states. This paper looks at the prevalence and design of asset tests in European minimum income protection schemes. We distinguish between two main types of asset tests: outright disqualification when assets reach a certain value, versus a more gradual tapering at a fictional rate of return. We then analyse in greater detail how asset tests in Belgium and Germany, as representatives of these two types, affect minimum income protection eligibility and poverty outcomes. We use the EUROMOD microsimulation model on the Household Finance and Consumption Survey data in order to assess the effects of asset tests. This survey was explicitly designed to more realistically reflect assets and capital incomes.

scholarly journals Reclaiming the Role of Lawyers as Community Connectors

Daedalus ◽  
2019 ◽  
Vol 148 (1) ◽  
pp. 30-36
Author(s):  
David F. Levi ◽  
Dana Remus ◽  
Abigail Frisch
Keyword(s):  
Low Income ◽  
Legal Profession ◽  
The Poor ◽  
Innovative Solutions ◽  
Pro Bono ◽  
Do So ◽  
The Way ◽  
Justice Gap

With the prospect of nonlawyers stepping in to do low-fee legal work, how should the legal profession conceive of its relationship to that work and ensure that nonlawyers bolster rather than undermine the value that lawyers add to society? Lawyers should reclaim their role as connectors in their communities: interstitial figures with the knowledge, skill, and trust to help resolve disputes, move beyond stalemates, dispel tensions, and otherwise bring people and resources together in productive solutions. They should do so, at least in part, through pro bono work for poor and low-income clients. It would be a mistake to stand in the way of innovative solutions to the justice gap. But it would also be a mistake, and a deep loss, if lawyers–particularly those who do not normally represent poor and low-income clients– turned their backs on the poor and low-income segments of our society.

scholarly journals Mobility, Targeting, and Private-School Vouchers

2000 ◽  
Vol 90 (1) ◽  
pp. 130-146 ◽  
Author(s):  
Thomas J Nechyba
Keyword(s):  
New York ◽  
School District ◽  
School Districts ◽  
Residential Mobility ◽  
Low Income ◽  
Private School ◽  
School Vouchers ◽  
School Voucher ◽  
The Impact

This paper uses general-equilibrium simulations to explore the role of residential mobility in shaping the impact of different private-school voucher policies. The simulations are derived from a three-district model of low-, middle-, and high-income school districts (calibrated to New York data) with housing stocks that vary within and across districts. In this model, it is demonstrated that school-district targeted vouchers are similar in their impact to nontargeted vouchers but vastly different from vouchers targeted to low-income households. Furthermore, strong migration effects are shown to significantly improve the likely equity consequences of voucher programs. (JEL I22, I28, H73)

scholarly journals Evaluating the Impact of Microfinance for Women in Albania

2016 ◽  
Vol 4 (2) ◽  
pp. 233
Author(s):  
Oltiana Muharremi ◽  
Filloreta Madani ◽  
Erald Pelari
Keyword(s):  
Social Influence ◽  
Low Income ◽  
Financial Services ◽  
Poverty Alleviation ◽  
Empirical Investigation ◽  
Social Value ◽  
Microfinance Institutions ◽  
The Poor ◽  
The Impact ◽  
Micro Enterprises

<p class="Default"><em>Microfinance is defined as any activity involving the offering of financial services such as loans, savings and insurance to individuals with low income.</em><em> </em><em>Creating social value includes reducing poverty and having a better impact to improve living conditions through capital for micro-enterprises; insurance and savings deposits for reducing risk and boosting consumption. Worldwide microfinance actors promote access to basic financial services by developing new tools, a variety of products and the adoption of an integrated banking access.</em></p><p class="Default"><em>Initially, microfinance was largely gender neutral: it sought to provide credit to the poor who had no assets to pledge as collateral. It quickly emerged, however, that women invested their business profits in ways that would have a longer-lasting impact on their families and communities. Consequently women became fundamental to the success of the microfinance model as a poverty alleviation tool. The purpose of this article is to examine the impact of microfinance loans in improving the lives of women borrowers, as well as in strengthening their social influence and the microcredit impact in promoting savings. This study is based on an empirical investigation of 384 structured questionnaires and surveys directed at microfinance institutions and their clients in the regions of Vlore and Fier, Albania.</em></p>

scholarly journals The Role of Technology in Nigerian Catfish Production: A Review

2022 ◽  
Author(s):  
Samuel Ijabo Ogah ◽  
Goshen David Miteu ◽  
Emmanuel Oluwasogo Oyewole ◽  
Josephine Oluseyi Adebayo ◽  
Elohozino Oghale Benneth
Keyword(s):  
Low Income ◽  
Developing Nations ◽  
Economic Systems ◽  
Relative Poverty ◽  
Demand And Supply ◽  
The Past ◽  
Slow Development ◽  
The Impact ◽  
Considerable Pressure

This article examines the state of Catfish production in Nigeria and the roles technology has played over the past decades. Heightened demand as a result of increased population puts considerable pressure on production. In response to this pressure aquaculturists ramped up production activities, this demand-driven increase exposes the major gaps as the industry struggles to cope with the absence of fundamental structures like inadequate structured funding, markets, processing and preservation facilities among others. Such gaps exist in all aspects of aquaculture and technology is a viable plug for many of them. The aquaculture of developing nations has certain peculiarities which predispose it to slow development. Many fishermen and aquaculturists in low-income regions are trapped in economic systems that result in relative poverty. Many reasons have been put forward to explain the dynamics behind these consequences with technology playing a major role from the consensus. Rapid advances in hatchery, water quality and molecular technology have been identified as some of the active drivers of Catfish production in Nigeria. The article focuses on the history, progress and prospects of aquaculture technology in Nigeria. It does so by reviewing the technologies already established in Catfish farming and the impact of their roles in balancing fish demand and supply.

scholarly journals The Well-Being Gap during the Great Recession: The Role of Growth and Institutions

2020 ◽  
Vol 12 (2) ◽  
pp. 24
Author(s):  
Marco Ciziceno ◽  
Pietro Pizzuto
Keyword(s):  
Low Income ◽  
Great Recession ◽  
Potential Role ◽  
Well Being ◽  
European Countries ◽  
Economic Downturn ◽  
Subjective Well Being ◽  
Negative Effects ◽  
The Great Recession

The purpose of this paper is to examine the well-being dynamics across European countries during the Great Recession and to investigate the potential role of the quality of formal institutions in mitigating the negative effect of the economic downturn. This study uses the club convergence methodology by Phillips and Sul (2007; 2009) to group EU-28 countries that present similar features in terms of well-being during the period 2005-2017. The study also applies probit models to investigate the potential role of several social and institutional characteristics that are supposed to affect subjective well-being levels. The results show the existence of a “well-being gap” among European countries. The economic downturn started in 2008 has impacted the perceived well-being more in low-income and low-growth countries (less developed transition and Southern countries), than in high-income and more developed transition countries. The study also shows that countries that present well-functioning institutional systems and, more in general, good institutional performances show higher life satisfaction levels and tend to be more resilient to the negative effects generated by the economic shock.

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