state. Softer budgets reduce cost efficiency, while the effect on quality is ambiguous. For given cost efficiency, softer …

This paper examines the impact of endogenous deficit-balancing subsidies on the cost efficiency of local public bus …

This paper studies the effects of descent rules on human capital accumulation. We exploit a policy experiment in Ghana …-landed households. This evidence is consistent with the fact that before the reform matrilineal groups in Ghana "over-invested" in …

and productivity growth is low. We apply our theory to the windfalls of Norway, Iraq and Ghana. The optimal size of Ghana …’s liquidity fund is tiny even with high prudence. Norway’s liquidity fund is bigger than Ghana’s. Iraq’s liquidity fund is … to invest. We illustrate how this can speed up the process of development in Ghana despite domestic absorption …

randomly gave cash and in-kind grants to male- and female-owned microenterprises in urban Ghana. Our findings cast doubt on the …

An enormous number of empirical papers have estimated technical efficiency, the distance of firms inside a frontier … efficiency and compare them to those in the statistical literature. We consider the relation between competition and efficiency …

emerge: (i) any positive impact of ownership change is predominantly due to change in technical efficiency, not scale effects …

reform and free trade and by thus enhancing macroeconomic efficiency at full employment. Second, the static output gain from …