The purpose of this paper is to investigate the relationship between the financial inclusion index and development variables in the least developed countries in Asia and Africa by using annual data of 42 countries for the period 2000-2019. The pooled panel regression and panel data analysis...

Some countries fail to ensure that their citizens and businesses make an appropriate contribution to the financing of public tasks. But not all countries with a low tax ratio automatically fall into this category. This paper presents an approach to bridge the gap between probabilistic statements...

The topic of contagion has gained importance in the last few decades, earning its place amongst the most debated topics in international economics. Contagion is a phenomenon where market disturbances in crisis times are observed to spread from one country to the other in the form of comovements...

This randomized controlled trial examines the effect of a new finance training style during which participants are given personalized feedback on their financial business outcomes in addition to a rule-of-thumb training approach. We compare this with the effects of a rule-of-thumb training by...

Wie bewältigen Haushalte den wirtschaftlichen Wiederaufbau nach einem Krieg? Sind einige Gruppen ländlicher Haushalte in einer Armutsfalle gefangen, während andere der Armut entfliehen können? Diese Fragen werden hier am Beispiel von Mosambik diskutiert, wo kurz nach der Unabhängigkeit im...

Gewalttätige Konflikte sind vor allem in notleidenden Regionen der Welt verbreitet, es ist aber wenig darüber bekannt, wie die Wirklichkeit der betroffenen Menschen aussieht und welche Entscheidungen sie zu fällen haben. In diesem Bericht untersuchen wir, wie Individuen während des...

A huge literature shows that childhood health and educational attainment are highly correlated. However, estimates for the effect of childhood health on educational attainment under risk generally confound the effect of liquidity constraints and of lack of insurance against risk. It is unclear...

This paper builds a DSGE model for a small open economy (SOE) in which the central bank intervenes the domestic currency bond and FX markets using two policy rules: a Taylor-type rule and a rule that determines the rate of nominal depreciation. The 2 'corner' regimes, in which only one policy...