Showing 1 - 10 of 20
trader fraud on European carbon allowances markets. This fraud occurred mainly between the end of 2008 and the beginning of … 2009. In this paper, we explore the financial mechanisms of the fraud and the impact on the market behaviour as well as the …
Persistent link: https://www.econbiz.de/10008679904
and the market, competing for the charge of maintaining security against social violence while both are major sources of … violence. It is so because the possibility of violence lies at the heart of every institution. To fight against it requires, in …
Persistent link: https://www.econbiz.de/10008461111
As planned large investments in road infrastructure continue to be high on the agenda of many African countries, only few of these countries have actually ammended their investments strategy. In many cases, there seems to be a preference for a status quo that can easily be explained by political...
Persistent link: https://www.econbiz.de/10010661499
We examine the middle-run effects of the Global Fund's malaria control programs on the educational attainment of primary schoolchildren in Sub-Saharan Africa. Using a quasi-experimental approach, we exploit geographic variation in pre-campaign malaria prevalence (malaria ecology) and variation...
Persistent link: https://www.econbiz.de/10010703385
Thirty years after its implementation by the World Bank (WB) in Sub-Saharan Africa (SSA), the empirical evidences point out the very mixed results privatization has produced, particularly in the infrastructures sector. Despite of this, the WB has intensified its support to infrastructures...
Persistent link: https://www.econbiz.de/10009493570
In this paper, we first, perform a quantitative assessment of the impact of the HIV/AIDS epidemic on growth. Second, we precisely account for the effects of the epidemic on income per capita through human and physical capital accumulations, population and labor force. That is, we disentangle the...
Persistent link: https://www.econbiz.de/10008853447
A vast recent literature has stressed social fragmentation's negative impact on the provision of public goods. It has been established theoretically that social fragmentation engenders discord and thereby undermines public goods provision. Empirical research has produced mixed results about this...
Persistent link: https://www.econbiz.de/10008622019
A vast recent literature has stressed social fragmentation's negative impact on the provision of public goods. This is a key issue, given that public goods availability has been reckoned as crucial to economic development, while developing countries' societies often exhibit high degrees of...
Persistent link: https://www.econbiz.de/10008622048
We consider a two period model in which an incumbent political party chooses the level of a current policy variable unilaterally, but faces competition from a political opponent in the future. Both parties care about voters' payoffs, but they have different beliefs about how policy choices will...
Persistent link: https://www.econbiz.de/10010791257
This article analyzes the linkages between financial liberalization, labor market institutions and wage inequality for 17 OECD countries over the 1989 to 2005 period. With the help of a fixed effect model with an interacted term, one crucial contribution of this article is to analyze the...
Persistent link: https://www.econbiz.de/10010711843