The Education Resilience Approaches (ERA) program seeks to provides a systematic evidence-based proves to improve the capacity of education system in fragile, conflict and/or violence affected situations (FCS). In this way, the ERA program complements the existing Education Department of the...

This paper offers evidence of the asymmetric effect of monetary policy on economic activity. First, asymmetric adjustment is captured in three macroeconomic relationships for investment, the consumer price deflator, inventories and house prices. These relationships are then embedded in a small...

This paper is concerned with the estimation and simulation of a model of aggregate private sector non-residential investment. Its interest in investment centres on two main issues: the first is the role of the equity market in the transmission mechanism, while the second is the possibility of...