This paper aims not only to measure the relative efficiency of government spending in seven Asian countries but also to investigate the factors that influence government performance using annual data covering the period 1986–2007. Four hypotheses are tested: (i) the effect of private sector...

In this paper, we examine the aid-growth-poverty relation by using quantile regression, which enables us to estimate the impact of growth and growth enhancing policies at different quantiles in the conditional distribution of poverty. The coefficient estimates in a quantile regression capture...

This paper integrates near-rationality/menu cost ideas with strategic complementarity and real rigidity. It is shown that both strategic complementarity and real rigidity aggravate nominal rigidity and make monetary nonneutrality more potent. Also, real rigidity causing nominal rigidity is...

Summary In this paper we use data from a unique survey conducted in the aftermath of the 1998 floods in Bangladesh to examine how the household shock-child labor relationship is affected by credit receipts of households. Adopting the ratio of assets lost due to the floods as a likely exogenous...

This paper examines the effects of sibling composition on children's school attendance and participation in market and domestic work in Ethiopia. The major finding is that earlier-born males in rural areas are more likely to attend school than their younger siblings. A similar effect is apparent...

This paper examines the effects of aid on sources of growth: capital accumulation and total factor productivity (TFP) growth; the latter captures the effect on growth after removing the contribution of factor accumulation. Given the role of TFP in explaining cross-country differences in income...

In an environment in which effort is private information to the worker, agreements between a risk-neutral principal and a risk-a verse agent are likely to be risk-sharing and information-revealing m echanisms. It is shown that principal-agent contracts have significan t implications for both...

This paper examines the relation between foreign aid that is targeted for export promotion of specific sectors in developing countries and sector specific exports of those countries. Three major sectors are studied - agriculture, manufacturing, and service. A major component of this study is the...