Introduction -- Africa in the making of an IOW global economy -- Indian Ocean Africa in the first great upswing in the Indian Ocean World global economy, 300 BCE to 300 CE -- Economic instability, ca. 300 to 900 CE -- The second great boom in the IOW global economy ca. 850 to 1250 and its impact...

Weather derivatives (WD) are different from most financial derivatives because the underlying weather cannot be traded and therefore cannot be replicated by other financial instruments. The market price of risk (MPR) is an important parameter of the associated equivalent martingale measures used...

This paper investigates cyclicality in women's labour supply motivated by the hypothesis that it contributes to smoothing household consumption in environments characterized by income volatility. We use comparable individual data on about 1.1 million women in 63 developing and transition...

In this article we study the relationship between workers' remittances and fertility rate of the remittance receiving country. We identify two main channels by which remittances transfers affect fertility. First, migrants may adopt and later transmit to the household the ideas, values and...