Showing 1 - 10 of 1,328
This paper develops an adaptive learning model under uncertainty that examines evolution of capital account polices over time and across developing regions. In the framework, countries' past experiences and IMF programs influence policymakers' beliefs about the impact of capital account...
Persistent link: https://www.econbiz.de/10013029623
We focus on the role that the transmission of information between a multilateral (the IMF) and a country has for the optimal design of conditional reforms. Our model predicts that when agency problems are especially severe, and/or IMF information is valuable, a centralized control is indeed...
Persistent link: https://www.econbiz.de/10012750944
of the medieval world. It comes at a time when innovation had already been stagnating under guild-like corporate … industrial revolution (4IR) to a premature end. Hence the post-COVID-19 world may be left with trade as the only engine for … industrialization for the foreseeable future. If the global community fails to fix the multilateral trade system, the world may start to …
Persistent link: https://www.econbiz.de/10013315031
We analyze three related but distinct concepts concerning the renminbi's role in the global monetary system: (i) "internationalization" of the currency; (ii) currency convertibility; and (iii) reserve currency status. Their sequencing in relation to other policy goals such as financial sector...
Persistent link: https://www.econbiz.de/10013110844
We investigate whether estimates of the effect of aid on growth are influenced by authors' careers. We collect data on the careers of 190 authors and apply meta-regression analysis to investigate the impact of authors' age and tenure status on the reported magnitude of aid effectiveness, and on...
Persistent link: https://www.econbiz.de/10012833230
We report a small-sample, preliminary evaluation of the economic impact of temporary overseas work by Haitian agricultural workers. This work occurs in the United States in the context of a pilot program designed as a form of post-disaster development assistance to Haiti. We find that the...
Persistent link: https://www.econbiz.de/10012962306
administrative records before and after the reform, we present evidence that students most likely to attend college in a future are … more likely after the reform to state that their child would end up completing college. Second, we find that relaxing … enrolled in low-performance schools and low-performance students attending better schools. Third, we find that the reform led …
Persistent link: https://www.econbiz.de/10013016252
Aid programs in developing countries are likely to affect all households living in the treated areas, both eligible and non-eligible ones. Studies that focus on the treatment effect on the treated may fail to capture important spillover effects. We exploit the unique design of an aid program's...
Persistent link: https://www.econbiz.de/10013317680
The empirical literature on the determinants of charities donation income, distinguishing the charitable cause, is small. We extend the literature in several ways. First, we focus on overseas development charities allowing us to give more consideration to the particular characteristics of this...
Persistent link: https://www.econbiz.de/10013127315
Despite the widespread occurrence of humanitarian emergencies such as epidemics, earthquakes, droughts, floods and violent conflict and despite the significant financial resources devoted to humanitarian assistance, systematic learning from such interventions using rigorous theory-based impact...
Persistent link: https://www.econbiz.de/10013029648