Recent research documents a hump in the trade diversification-income relationship. We show that when time variation is accounted for that the appearance of this hump is much less obvious.

In spite of its predominant economic weight in developing countries, little is known about the informal sector earnings structure compared to that of the formal sector. Taking advantage of the rich VHLSS dataset in Vietnam, in particular its three wave panel data (2002, 2004, 2006), we assess...

Most longitudinal surveys recontact households only if they are still living in the same dwelling, producing very high attrition rates, especially in developing countries where rural–urban migration is prevalent. In this paper, we discuss the implications of the various follow-up rules used in...

Using panel data from Argentina during the 1990’s, this paper concludes that, in Argentina, income ‘mobiles’ did change over time. Among the household variables with a structural relation with income dynamics, we find university education, protecting from income declines though not...

During the past decade, Pakistan has experienced jobless growth with the employment growth in its manufacturing sector lagging behind the growth in its GDP. This is of concern as Pakistan‘s growing labour force, lacking social safety nets and financial assets, rely on employment as their sole...

Recent changes to regulation legislation permit Spanish ports more autonomy and a degree of control over pricing policy. This implies a shift in emphasis away from investments in new infrastructure and towards focusing on demand and taking full advantage of existing assets. The degree to which...

This paper aims to identify the main determinants of sovereign bond spreads in seven Latin American countries and verify the existence of contagion effect over these markets during the last financial crisis. We apply a panel data framework and find that the inflation, terms of trade ratio and...

High-dimensional time series may well be the most common type of dataset in the so-called “big data” revolution, and have entered current practice in many areas, including meteorology, genomics, chemometrics, connectomics, complex physics simulations, biological and environmental research,...

Several studies have analyzed discretionary accruals to address earnings-smoothing behaviors in the banking industry. We argue that the characteristic link between accruals and earnings may be nonlinear, since both the incentives to manipulate income and the practical way to do so depend...

This paper studies the hypothesis of an inverted-U-shaped relationship between spatial inequality and economic development. The theory of Kuznets (1955) and Williamson (1965) suggests that (spatial) inequality first increases in the process of development, and then decreases. To test this...