Die Migration nach Europa hält weiter an. Seit der Flüchtlingskrise 2015 hat sich der Druck auf die EU und ihre am stärksten betroffenen Mitgliedstaaten erhöht, Maßnahmen zur Eindämmung der Einwanderung aus Entwicklungsländern zu ergreifen. Sollten die bisherigen Ansätze bei der...

Aid fragmentation is widely recognized as being detrimental to development outcomes. We re-investigate the impact of fragmentation on aid effectiveness in the context of growth, bureaucratic policy, and education, focusing on a number of conceptually different indicators of fragmentation, and...

Donors of foreign aid increasingly claim to consider gender inequality in the recipient countries to be a serious concern. While aid specifically to promote gender equality receives only a tiny share of aid budgets, allocations to education, health, and civil society projects could be affected...

IMF programs are often considered to carry a “stigma” that triggers adverse market reactions. We show that such a negative IMF effect disappears when accounting for endogenous selection into programs. To proxy for a country's access to financial markets, we use credit ratings and investor...

IMF programs are often considered to carry a "stigma" that triggers adverse market reactions. We show that such a negative IMF effect disappears when accounting for endogenous selection into programs. To proxy for a country's access to financial markets, we use credit ratings and investor...