Showing 1 - 10 of 223
This paper analyzes the domestic and external drivers of local staple food prices in Sub-Saharan Africa. Using data on domestic market prices of the five most consumed staple foods from 15 countries, this paper finds that external factors drive food price inflation, but domestic factors can...
Persistent link: https://www.econbiz.de/10015060273
Economic volatility remains a fact of life in Sub Saharan Africa (SSA). Household-level shocks create large consumption … fluctuations, raising the incidence of poverty. Drawing on micro-level data from South Africa and Tanzania, we examine the … vulnerability to shocks across household types (e.g. by education, ethnic group, and economic activity) and we quantify the impact …
Persistent link: https://www.econbiz.de/10014407884
We leverage survey data from emerging and developing Asia to highlight different aspects of household vulnerability to …
Persistent link: https://www.econbiz.de/10015060522
We use randomized controlled trials in the US, UK, and Brazil to examine the causal effect of public debt on household …
Persistent link: https://www.econbiz.de/10015059618
There is an extensive literature noting that high inflation can add to income inequality, and a parallel literature assessing the effect of rising food prices on the poor. This paper attempts to combine these strands by dividing inflation into food and nonfood inflation and assessing whether...
Persistent link: https://www.econbiz.de/10009618580
This paper analyzes the monetary policy response to rising inflation in emerging and developing countries associated with the food and oil price shocks in 2007 and the first half of 2008. It reviews inflation developments in a sample of countries covering all regions and a broad range of...
Persistent link: https://www.econbiz.de/10012677694
After a long period of global price stability, in 2008 inflation increased sharply following unprecedented increases in the price of oil and other commodities, notably food. Although inflation remained lower and growth higher in inflation targeting countries than elsewhere, almost everywhere...
Persistent link: https://www.econbiz.de/10012677710
The surge in energy and food prices, which was amplified by Russia's invasion of Ukraine, has prompted a flurry of policy responses by countries during 2022. The aim of these policy responses was to mitigate social and economic impact of higher prices. In this paper we document announcements of...
Persistent link: https://www.econbiz.de/10015059559
This paper explores the role of foreign aid and remittance inflows in the mitigation of the effects of food price shocks. Using a large sample of developing countries and mobilising dynamic panel data specifications, the econometric results yield two important findings. First, remittance and aid...
Persistent link: https://www.econbiz.de/10009654140
Tanzania's real effective exchange rate (REER) has depreciated sharply since end-2000, reversing the appreciation that … approach, suggest that Tanzania's REER is currently modestly undervalued relative to its estimated equilibrium level. Looking … expected recovery in terms of trade. In addition, capital inflows to Tanzania could be significantly higher than cu …
Persistent link: https://www.econbiz.de/10012677457