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What do we know about income and growth in Africa? -- Measuring African wealth and progress -- Facts, assumptions and controversy : lessons from the datasets -- Data for development : a guide to African development statistics -- Conclusion : development by numbers
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We investigate the relative roles of monetary policy and shocks in causing the Great Moderation, using indirect inference where a DSGE model is tested for its ability to mimic a VAR describing the data. A New Keynesian model with a Taylor Rule and one with the Optimal Timeless Rule are both...
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"Understanding why so many people across the world are so poor is one of the central intellectual challenges of our time. What explains a pattern of extreme destitution for billions combined with plutocratic levels of income for a tiny minority? This book offers a novel approach to addressing...
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