We estimate the impact of Internet diffusion on local firm performance in developing and transition economies, by adopting an instrumental variable approach reflecting firm's vulnerability to seismic shocks upon the telecommunications submarine cable (SMC) network. IV within fixed-effect...

Nous proposons un indicateur d'intensité de l'activité cyclonique calculé au niveau pays par année. Cet indicateur, simple, utilise des données historiques géolocalisées sur les cyclones, leur puissance, leur position, dont nous déduisons la part du territoire touchée, et leur durée....

The Physical Vulnerability to Climate Change Index (Feindouno et al., 2020) is a composite indicator computed at country level (191 countries) that can be used for the identification of the most vulnerable countries and as a criterion for guiding the international allocation of resources for...

The "revolving door" phenomenon has become very common in most industrialised countries, and is leading to conflicts of interest as well as economic distortions. The purpose of this paper is to develop an indicator of the distortionary effects of the revolving door - The Revolving Door Indicator...

Although trade liberalization is being actively promoted as a key component in development strategies, theoretically, the impact of trade openness on poverty reduction is ambiguous. On the one hand, a more liberalized trade regime is argued to change relative factor prices in favor of the more...

This paper presents a comparative analysis of the stabilizing effect of official development assistance (ODA) and migrant remittances. First, at the country level and for each kind of flows it assesses their stabilizing impact with regard to the fluctuation of exports, as distinct from their...

Aid has been for decades an important source of financing for developing countries, but more recently remittance flows have increased rapidly and are beginning to dwarf aid flows. This paper investigates how remittances affect aid flows, and how this relationship varies depending on the channel...

This paper contributes to the literature by looking at the possible importance of the structure of the financial system—whether financial intermediation is performed through banks or markets—for macroeconomic volatility, against the backdrop of increased policy attention on strengthening...