The extent to which probability and duration of unemployment affect the black--white wage differentials is examined in this paper. The paper simultaneously incorporates in the wage equation the multiple sample selection bias that occurs as a result of individuals’ propensity to be in the labor...

This study employs a Structural Vector Autoregression (SVAR) model to analyze the dynamic effects of wage changes on Ghana's economy. In particular, the paper sheds light on how changes in wages affect the short-run and long-run dynamics of labor productivity, employment and prices in the...

Limited economic and physical capacities as well as environmental and economic shocks have constrained the ability of many Nigerian households to feed themselves adequately. This has resulted in these households being faced with food shortages; and they have to adopt various consumption-related...

This paper uses panel data and the Local Linear Kernel Estimator (LLKE) to investigate the effects of aid on economic growth in developing countries. Specifically, we investigate the robustness of a popular parametric specification of the aid/economic growth re lationship in Less Developed...

This address highlights how Africa can take advantage of the current wave of globalization to accelerate its development efforts. The central theme is that African countries should not be afraid to open up their economies to globalization because openness confers several benefits, including...

This paper investigates the difference in growth effects of human capital in African countries and the rest of the world. Using an expanded neoclassical growth model, panel data, a dynamic panel estimator and a broader definition of human capital including both health and education, we find that...