Showing 1 - 10 of 604
Poverty-reducing policies ought to prioritize the "deserving" poor, that is, those who do all that can be reasonably … of poverty indices that address these issues. Formally, poverty is measured by the sum of specific indices of individual … are unwilling to accept a job that brings them out of poverty …
Persistent link: https://www.econbiz.de/10012838242
We suggest an explanation for the existence of “mission drift”, the tendency for Microfinance Institutions (MFIs) to lend money to wealthier borrowers rather than to the very poor. We focus on the relationship between MFIs and external funding institutions. We assume that both the MFIs and...
Persistent link: https://www.econbiz.de/10013245624
poverty in the pandemic’s first wave is studied, controlling for other underlying factors, in a sample of 141 countries. An … income. Poverty as measured by the $1.90 per day standard has a small negative association with death rates. The elasticity …
Persistent link: https://www.econbiz.de/10013237221
This paper provides new evidence on the stochastic behaviour of the EPU (Economic Policy Uncertainty (EPU) index constructed by Baker et al. (2016) in six of the biggest economies (Canada, France, Japan, US, Ireland, and Sweden) over the period from January 1985 to October 2019. In particular,...
Persistent link: https://www.econbiz.de/10012833734
The paper reviews recent literature on the economics of migration and diasporas, focusing on economic gains and opportunities that these diasporas could represent for home countries. In addition, the paper discusses policies aimed at leveraging this "diaspora capital"
Persistent link: https://www.econbiz.de/10012841140
We generalise the traditional development-accounting framework to an open-economy setting. In addition to factor endowments and productivity, relative factor costs emerge as a source of real-income variation across countries. These are shaped by bilateral trade determinants (which underpin the...
Persistent link: https://www.econbiz.de/10012908693
This paper focuses on the analysis of the long-run response of the Real Exchange Rate (RER) to political risks and tests whether non-economic variables have an impact on RER in 31 emerging and developing countries. We use annual data from the International Country Risk Guide database over the...
Persistent link: https://www.econbiz.de/10012892145
IMF programs are often considered to carry a “stigma” that triggers adverse market reactions. We show that such a negative IMF effect disappears when accounting for endogenous selection into programs. To proxy for a country's access to financial markets, we use credit ratings and investor...
Persistent link: https://www.econbiz.de/10012920590
The loans of the IMF, World Bank, and other multilateral development banks (MDBs) are excluded from debt restructuring …
Persistent link: https://www.econbiz.de/10014347019
Employment contributes to reduce the risk of poverty. Through a randomized controlled trial, we evaluate the impact of …
Persistent link: https://www.econbiz.de/10012834995