One of the most salient features of developing economies is the existence of a large informal sector. This paper uses quantitative theory to study the dynamic implications of informality on wage inequality, human capital accumulation, child labor and long-run growth. Our model can generate...

One of the most salient features of developing economies is the existence of a large informal sector. This paper uses quantitative theory to study the dynamic implications of informality on wage inequality, human capital accumulation, child labor and long-run growth. Our model can generate...

Economic instability may trigger ex ante and ex post corruption strategies, respectively resulting from the perception and experience of economic fluctuations. Using measures of export instability reflecting its ex ante and ex post effects, dynamic panel estimations are conducted with corruption...

Economic instability may trigger ex ante and ex post corruption strategies, respectively resulting from the perception and experience of economic fluctuations. Using measures of export instability reflecting its ex ante and ex post effects, dynamic panel estimations are conducted with corruption...

This paper is an empirical study on the effects of export instability on corruption, in developed and developing countries. We consider that corrupt transactions may arise from the necessity to protect against the detrimental effects of income fluctuations on welfare. We assume that export...

By weakening the institutional frameworks through which economic agents interact, corruption constitutes a major obstacle to economic development. Because of its secretive nature, measuring this phenomenon has proven challenging. Numerous initiatives have nonetheless been launched in the past...

La corruption, en affaiblissant les cadres institutionnels au travers desquels les acteurs économiques interagissent, constitue un frein important au développement économique. Par nature, ce phénomène est difficilement quantifiable. De nombreuses initiatives ont néanmoins vu le jour au...

Following the adoption of the MDG, particulary the first one that is to reduce poverty by half between 1995 and 2015, numerous studies have examined how external aid can contribute to their achievement. The formula "doubling aid to reduce the poverty by half" relied on the implicit assumption...

Our work contributes to the literature relating output structure and economic development by showing that growth gains from upgrading are not unconditional. Relying on data from a panel of Chinese cities, we show that the level of capabilities available to domestic firms operating in ordinary...

Using an “event analysis”, this paper complements the cross-country approach to the study of fiscal correlates of growth. Data on fiscal expenditures and growth for a database of 140 countries (118 developing countries) over 1972-2005 are reorganized around turning points providing a summary...