Showing 1 - 10 of 549
labor demand and the wage bargaining process. The analysis of the interaction of shock spillovers and benefit system focuses …
Persistent link: https://www.econbiz.de/10011415263
We develop a new dynamic factor model that allows us to jointly characterize global macroeconomic and financial cycles and the spillovers between them. The model decomposes macroeconomic cycles into the part driven by global and country-specific macro factors and the part driven by spillovers...
Persistent link: https://www.econbiz.de/10012178610
We study the long-term determinants of the high rates of HIV infection in sub-Saharan Africa, particularly among women …, with a focus on family structure and sexual behavior as shaped by the demographic shock following the transatlantic slave … polygyny with the demographic shock we can also establish that this link is causal. Next we turn to the channels through which …
Persistent link: https://www.econbiz.de/10011283191
The global financial crisis and the subsequent uneven recovery have underscored the need for Africa's resilience to … African Community (EAC) and the Southern Africa Customs Union (SACU) - suggests that deeper intra-regional, and in particular …
Persistent link: https://www.econbiz.de/10011307945
We examine the impact of rainfall variability and cyclones on schooling and work among a cohort of teens and young adults by estimating a bivariate probit model, using a panel survey conducted in 2004 and 2011 in Madagascar − a poor island nation that is frequently affected by extreme weather...
Persistent link: https://www.econbiz.de/10011820991
The continuing inflow of hundreds of thousands of refugees into many European countries has ignited much political controversy and raised questions that require a fuller understanding of the determinants and consequences of refugee supply shocks. This paper revisits four historical refugee...
Persistent link: https://www.econbiz.de/10011532579
ratio), considering the potential endogeneity of the health shock to examine the persistence of AIP preferences. Our … percentage points (pp). However, the experience of a health shock partially reverts such culturally embedded preference for AIP …
Persistent link: https://www.econbiz.de/10013415490
This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the social and political costs of a GREXIT, but also of a continuing austerity policy. It proposes a reform policy fostering growth in Greece and discusses the role of conditionality....
Persistent link: https://www.econbiz.de/10011308548
This paper presents an empirical assessment of the endogenous optimum currency area theory. Frankel and Rose (1998) study the endogeneity of a currency union through the lens of international trade flows. Our study extends Frankel and Rose's model by using FDI flows to test the original theory...
Persistent link: https://www.econbiz.de/10003760087
Africa. We estimate an augmented-gravity model that includes public deficit, public debt, public expenditure, inflation, and … the foreign reserves position. We also integrate Africa-specific variables such as existing economic blocs in the region … Southern Africa is promising, but many challenges still persist. The existing economic blocs can provide a first stepping stone …
Persistent link: https://www.econbiz.de/10003879350