This study estimates the determinants of the exit behavior in a concentrating industry that encounters industrial restructuring. The swine industry has experienced the dramatic change in many perspectives, especially farm size and operation numbers, in the United States in past decades and the...

The paper develops a large-scale overlapping generations model with production and a stochastic asset market. The role of a pension system and the impact of demographic change on real and financial markets are analyzed. In the absence of demographic change a reduction in contribution rates...

Este artículo considera un modelo de generaciones solapadas, aplicado a una economía pequeña, abierta al comercio internacional y caracterizada por la existencia de competencia imperfecta en los mercados de bienes y de trabajo, para analizar: i) cuáles fueron los principales determinantes de...

O objetivo deste trabalho é testar empiricamente a hipótese ambiental de Kuznets aplicada aorelacionamento entre a taxa de desmatamento e a renda per capita nos estados da AmazôniaLegal, além analisar o comportamento da taxa de desmatamento e da dinâmica populacionalno período de...

Marriage is an important institution for both individuals and society as a whole. It is a significant event in the life cycle of individuals; for society at large it represents the creation of a new unit of production, consumption, distribution and exchange of goods and services. In most...

The study of demographic trends in sub-Saharan Africa though crucial in the assessment of the impact of population size and growth on the overall socio-economic development in the region, has received the least attention due to lack of reliable data for most of the countries. This paper focuses...

We analyze the evolution of Sub-Saharan Africa’s agricultural total factor productivity (TFP) over the past 45 years, looking for evidence of recent changes in growth patterns using an improved nonparametric Malmquist index. Our TFP estimates show a remarkable recovery in the performance of...

The birth-interval approach to the study of fertility reflects two aspects of the process of reproduction: (1) the quantum of fertility as indicated by the proportion of women who move to the next higher parity; and (2) the tempo of fertility, as measured by the time it takes to make the...

African countries have accumulated substantial foreign currency reserves in recent years, mostly from higher commodity exports as well as aid flows. In the context of macroeconomic stabilization, which remains at the forefront of national economic policymaking and aid conditionality, African...

This paper examines the question of whether inflation targeting monetary policy is an appropriate framework for sub-Saharan African countries. The paper presents an overview of inflation targeting, reviews the justification for the regime, and summarizes some major critiques. Monetary policy...