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The Economic Origins of Conflict in Africa
McGuirk, Eoin - 2017
We study the impact of plausibly exogenous global food price shocks on local violence across the African continent. In food-producing areas, higher food prices reduce conflict over the control of territory (what we call "factor conflict") and increase conflict over the appropriation of surplus...
Persistent link: https://www.econbiz.de/10012965423
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Food Price Spikes, Price Insulation and Poverty
Anderson, Kym - 2015
This paper first considers the impact on world food prices of the changes in restrictions on trade in staple foods during the 2008 world food price crisis. Those changes--reductions in import protection or increases in export restraints--were meant to partially insulate domestic markets from the...
Persistent link: https://www.econbiz.de/10013034873
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Making Progress on Foreign Aid
Qian, Nancy - 2014
Foreign aid is one of the most important policy tools that rich countries use for helping poor countries to improve population well-being and facilitate economic and institutional development. The empirical evidence on its benefits is mixed and has generated much controversy. This paper presents...
Persistent link: https://www.econbiz.de/10013048582
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The Effect of Aid on Growth : Evidence from a Quasi-Experiment
Galiani, Sebastian - 2016
The literature on aid and growth has not found a convincing instrumental variable to identify the causal effects of aid. This paper exploits an instrumental variable based on the fact that since 1987, eligibility for aid from the International Development Association (IDA) has been based partly...
Persistent link: https://www.econbiz.de/10012994903
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Do Monetary Policy Frameworks Matter in Low Income Countries?
Carare, Alina; de Resende, Carlos; Levin, Andrew T.; … - 2022
Microeconomic evidence indicates a very high frequency of price adjustment in low income countries (LICs), raising the question of whether LICs may be reasonably characterized as exhibiting monetary neutrality. To address this question, we analyze a cross-country panel dataset of 79 LICs over...
Persistent link: https://www.econbiz.de/10014242828
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Corn Production Shocks in 2012 and Beyond : Implications for Food Price Volatility
Berry, Steven - 2012
Corn prices increased sharply in the summer of 2012 due to expected production shortfalls in the United States, which produces roughly 40% of the world's corn. A heat wave in July adversely affected corn production. We extend earlier statistical models of county-level corn yields in the Eastern...
Persistent link: https://www.econbiz.de/10013096014
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The Supply-Shock Explanation of the Great Stagflation Revisited
Blinder, Alan S. - 2008
monetary policy and (b) pointed to the far smaller impacts of more recent oil shocks as evidence against the supply-shock … theories, and new econometric studies that have accumulated over the past quarter century. We find that the classic supply-shock …
Persistent link: https://www.econbiz.de/10012768132
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Food Price Volatility and Domestic Stabilization Policies in Developing Countries
Gouel, Christophe - 2015
When food prices spike in countries with large numbers of poor people, hunger and malnutrition are very likely to result in the absence of public intervention. For governments, this is also a case of political survival. Government actions often take the form of direct interventions in the market...
Persistent link: https://www.econbiz.de/10013035756
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Channeling Remittances to Education : A Field Experiment Among Migrants from El Salvador
Ambler, Kate - 2014
We implement a randomized experiment offering Salvadoran migrants matching funds for educational remittances, which are … remittances …
Persistent link: https://www.econbiz.de/10013051750
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Remittance Responses to Temporary Discounts : A Field Experiment Among Central American Migrants
Ambler, Kate - 2014
We study the impacts on remittances of offering migrants temporary discounts on remittance transaction fees. We … weeks after expiration of the discount. We find no evidence that the discounts cause migrants to shift remittances from … other remittance channels, or to send remittances on behalf of other migrants. These findings are consistent with naïveté on …
Persistent link: https://www.econbiz.de/10013046607