Showing 1 - 10 of 31
The very same forces that induce economists to conclude that regulators are captured should lead us to conclude that the economic profession is captured as well. As evidence of this capture, I show that papers whose conclusions are pro-management are more likely to be published in economic...
Persistent link: https://www.econbiz.de/10011083614
This paper addresses a number of questions which are essential to a proper understanding of the causes and effects of the inflationary process and to an assessment of the contribution of monetary policy to the achievement of long-term price stability. These questions are: (1) what are the...
Persistent link: https://www.econbiz.de/10005661822
This essay investigates the determinants of the growth performance of Africa. I start by illustrating a broader … institutional development. After reporting results from standard growth regressions, I analyze the role of Africa’s peculiar history … influence, in and out of Africa, of the slave trades. The essay ends with critical conclusions and suggestions for further …
Persistent link: https://www.econbiz.de/10009225960
Long-run trends in Africa’s well-being are provided on the basis of a new index of human development, alternative to … experienced in other developing regions. Within Africa, Sub-Saharan Africa has fallen steadily behind the North since mid-20th …
Persistent link: https://www.econbiz.de/10009322973
South Africa and variation in the intensity of this law to identify increases in wages for domestic workers and find no …
Persistent link: https://www.econbiz.de/10009365006
Much African land currently has low productivity and has attracted investors purchasing (or leasing) land as a speculative option on higher future prices or productivity. If land deals are to be beneficial they need to induce productivity enhancing investments. Some of these will be publicly...
Persistent link: https://www.econbiz.de/10009367429
for sub-Saharan Africa becomes less significant in a cross section of 98 countries after controlling for colonial …
Persistent link: https://www.econbiz.de/10005791768
We explore the determinants of state fragility in sub-Saharan Africa. Controlling for a wide range of economic …
Persistent link: https://www.econbiz.de/10008468636
In the early stage of the 2008-2009 financial crisis, the conventional wisdom was that financial under-development of sub Saharan African economies may be a blessing in disguise because it insulates them from the direct effects of the crisis. This paper argues that this may also make African...
Persistent link: https://www.econbiz.de/10008530377
This study explores to what extent migration has contributed to improved living standards of individuals in Tanzania. Using a 13-year panel survey, the authors find that migration between 1991 and 2004 added 36 percentage points to consumption growth. Although moving out of agriculture resulted...
Persistent link: https://www.econbiz.de/10008530383