Consumer boycotts and international economic sanctions represent a frequent tool to protest against countries for their violation of human rights. This paper questions if such a kind of action hurts more the populations it is supposed to defend than governing classes it is targeting. Overall,...

Recently, the international dairy market has growing substantially and Brazil has exported more dairy products. In this context, the main objective of this study is to analyze the international dairy trade in order to identify the comparative advantages of the Brazilian dairy products. In...

The Okada & Samreth (2012, EL) finding that aid deters corruption could have an important influence on policy and academic debates. This paper partially negates their criticism of the mainstream approach to the aid-development nexus. Using updated data (1996-2010) from 52 African countries, we...

This article contributes to the financial literature by investigating the formation of the international stock risk premium in emerging market zones. Our results from the estimation of a dynamic augmented capital asset pricing model show that the currency risk premium is the most important...

In the fields of political science and economics there has been a recent surge of interest in the co-movement of globalization and democratization. Wavelet coherency analysis was first used to measure the co-movement of globalization and democratization in time and frequency domains. We...

The debate by Okada & Samreth (2012, EL) and Asongu (2012, EB; 2013, EEL) on ‘the effect of foreign aid on corruption' in its current state has the shortcoming of modeling corruption as a direct effect of development assistance. This note extends the debate by assessing the channels of foreign...

In this paper we prove the impossibility of stability rules that satisfy a concept weaker than nonbossiness. Stability and nonbossiness are essential to matching theory. However, Kojima Fuhito(2010) shows that a matching mechanism that is both stable and nonbossy dose not exist. We define a new...

Using unique data from a large-scale online survey conducted in Germany, we examine gender differences in volunteering for charitable organisations. Our findings suggest that men are more likely than women to engage in regular volunteer activities. Additionally, we find that men devote more time...

The present note is an elementary essay on how one may manipulate the Lorenz curve with a view to obtaining a couple of simple variants of the Gini coefficient of inequality, one of which is anti transfer-sensitive and the other pro transfer-sensitive, and which together, in convex combination,...

This paper examines the impact of immigration on income inequality. Using data from 1990 and 2000 US Censuses, we link the changes in income inequality as measured by the Gini index with immigrant flows into each metropolitan area in the U.S. We address endogeneity of immigrant inflows by...