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When is capital enough to get female microenterprises growing? Evidence from a randomized experiment in Ghana

Fafchamps, Marcel; McKenzie, David J.; Quinn, Simon; … - C.E.P.R. Discussion Papers - 2011

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

Persistent link: https://www.econbiz.de/10009150951

Customary Norms, Inheritance, and Human Capital: Evidence from a Reform of the Matrilineal System in Ghana

La Ferrara, Eliana; Milazzo, Annamaria - C.E.P.R. Discussion Papers - 2014

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 …

Persistent link: https://www.econbiz.de/10011084314

Managing and Harnessing Volatile Oil Windfalls

Van Den Bremer, Ton; van der Ploeg, Frederick - C.E.P.R. Discussion Papers - 2012

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 …

Persistent link: https://www.econbiz.de/10011084534

Optimal Campaigning in Presidential Elections: The Probability of Being Florida

Strömberg, David - C.E.P.R. Discussion Papers - 2002

This Paper delivers a precise recommendation for how presidential candidates should allocate their resources to maximize the probability of gaining a majority in the Electoral College. A two-candidate, probabilistic-voting model reveals that more resources should be devoted to states which are...

Persistent link: https://www.econbiz.de/10005792233

Structural and Stabilization Aspects of Fiscal and Financial Policy in the Dependent Economy

Buiter, Willem H. - C.E.P.R. Discussion Papers - 1986

The paper considers the response of a small, open dependent economy to a variety of fiscal and financial shocks. It also examines the influence of alternative budget-balancing rules on the response of the economy to external shocks, such as a change in the world interest rate. The approach...

Persistent link: https://www.econbiz.de/10005498001

The Ghost of PAR? Public Expenditure Planning Beyond Plowden

Bosanquet, Nicholas - C.E.P.R. Discussion Papers - 1988

The current control system for public expenditure in the United Kingdom dates from the Plowden Report in 1961 and was developed for a public utilities model. This paper presents detailed evidence on changes in the composition of public expenditure. A new control system is proposed that is better...

Persistent link: https://www.econbiz.de/10005281370

The Term Structure of Forward Exchange Premia and the Forecastability of Spot Exchange Rates: Correcting the Errors

Clarida, Richard; Taylor, Mark P - C.E.P.R. Discussion Papers - 1993

This paper challenges the widespread view that forward exchange premia contain little information regarding subsequent spot rate movements. Using weekly dollar/Deutschmark and dollar/sterling data, we show that spot and forward exchange rates are well represented by a vector error correction...

Persistent link: https://www.econbiz.de/10005662140

Ageing and Unemployment

Schmidt, Christoph M - C.E.P.R. Discussion Papers - 1992

While ageing is accepted as a major problem for most industrialized societies, its labour market consequences are not yet fully understood. This paper analyses the effects of changes in the age composition of the Federal Republic of Germany on the incidence of unemployment in different sex-age...

Persistent link: https://www.econbiz.de/10005666422

Defining Benchmark Status: An Application using Euro-Area Bonds

Dunne, Peter; Moore, Michael J; Portes, Richard - C.E.P.R. Discussion Papers - 2002

benchmark is the security with lowest yield at a given maturity. Using Granger-causality and cointegration methods, we find a …

Persistent link: https://www.econbiz.de/10005789214

Understanding Trend and Cycle in Asset Values: Bulls, Bears and the Wealth Effect on Consumption

Lettau, Martin; Ludvigson, Sydney - C.E.P.R. Discussion Papers - 2001

This Paper uses restrictions implied by cointegration to identify the permanent and transitory elements (the ‘trend …

Persistent link: https://www.econbiz.de/10005792097