How costly are droughts to individuals' nutrition in Africa? We measure severe droughts using a detailed satellite-based vegetation index observed bi-monthly for 0.08° grids between 1982 and 2015. Across 32 African countries, conditional on individual characteristics, timing relative to growing...

How costly are droughts to individuals’ nutrition in Africa? We measure severe droughts using a detailed satellite-based vegetation index observed bi-monthly for 0.08° grids between 1982 and 2015. Across 32 African countries, conditional on individual characteristics, timing relative to...

This paper investigates the benefits of banks' direct investment in foreign subsidiaries and branches for non-financial multinationals. The paper builds on the literature on international banks which has primarily focused on the implications for host countries, rather than for its international...

This chapter provides a broad overview of the upward trends in financial globalization and foreign direct investment and asks whether and how financial globalization is linked with the foreign direct investment decisions of non-financial multinational enterprises. Several potential links and...