This paper examines whether an expansion in the supply of public preschool crowds out private enrollment. The paper uses rich data for municipalities in Brazil from 2000 to 2006, where federal transfers to local governments change discontinuously with given population thresholds. The results...

This paper estimates the short-term, partial-equilibrium impacts of a public-private partnership program for low-cost private secondary schools in Uganda. The public-private partnership program is part of a broader strategy to absorb large increases in secondary enrollment following the...

This paper discusses the potential role of low-cost private secondary schools in Tanzania. The share of private enrollment has been negatively correlated with the availability of public schools. With the 2016 Fee-Free Basic Education Policy, the public secondary education system is experiencing...

This article investigates the effect increasing secondary education opportunities has on teenage fertility in Brazil. Using a novel dataset to exploit variation from a 57 increase in secondary schools across 4,884 Brazilian municipalities between 1997 and 2009, the analysis shows an important...

The objective of this report is to document the process and summarize the results from the second phase of the pilot implementation of statistical models for measuring the value-added of Bulgarian schools through analysis of the national student' assessments results. This report presents the...

Using a panel of 80 developing and developed countries for the period 1990-2015, this studyanalyses the relationship between exchange rate volatility and foreign direct investment (FDI)inflows. The results reveal a negative relationship between de facto exchange rate volatility andFDI. Reducing...

This paper examines the pros and cons of gradual versus big-bang approaches toward devaluations. It presents original empirical evidence regarding output, consumption, investment and trade balances associated with gradual and big-bang devaluation episodes. It finds that big-bang devaluations are...

While the recent global financial crisis has affected many developed countries, it has had less impact in Africa. Nevertheless, the lessons learned from this crisis are relevant for African countries, especially because banking groups with a head office in Africa have grown rapidly and these...

Monsoon rainfall is a key driver of economic life in rural Nepal as well as a major source of income variability. In this paper, the authors use a newly collected 3-year panel data set, representative of rural Nepal, merged with global monthly precipitation data to investigate the nature of the...