In a dynamic panel data model allowing for error cross-section dependence, output volatility is found to impede sustainable development. Through a financial development channel (liquidity liability ratio), output volatility exerts a significant...
This paper investigates whether cyclical variation in women’s labour supply in Africa contributes to smoothing household consumption. We find little support for this hypothesis. Using comparable individual data on about 0.5 million women in 30 Sub...
In the wake of the financial crisis of 2008 and 2009 interest in the supply side of the donor equation has been rekindled. During a period where the economies of many major donors are unstable, and in some cases, shrinking, it is important to...
This paper develops a model of opportunistic behaviour in which an incumbent government resort to expansionary fiscal and/or monetary stimuli to foster economic growth and thus, maximize the probability of re-election. Using a panel dataset of 51...
What type of business destroys proportionately more jobs during times of economic recessions and hires more in booms? This simple question motivates...
The recent financial crisis has rekindled interest in the foreign aid supply behaviour of bilateral donors. Using the latest data covering the period 1960-2009, this paper examines how such behaviour is related to domestic factors. Based on a simple...
Part of Journal Special Issue Aid, Social Policy and Development
This paper investigates whether cyclical variation in women’s labour supply in Africa contributes to smoothing household consumption. We find little support for this hypothesis. Using comparable individual data on about 0.5 million women in 30 Sub...
Part of Book From Capital Surges to Drought
Part of Book From Capital Surges to Drought
Part of Journal Special Issue Aid Policy and the Macroeconomic Management of Aid
The current context of the COVID-19 pandemic has exposed the most vulnerable socio-economic groups to greater financial risk and thus could lead to exacerbating income inequality. The crisis creates an opportunity to demand further structural and...
This study examines the redistributive effects of financial liberalization, including domestic and external finance reforms, implemented in 64 emerging and low-income countries over the past four decades. To identify these effects, we employ a...
We analyse the business cycles in China and in selected OECD countries between 1992 and 2006. We show that, although negative correlation dominates for nearly all countries, we can also see large differences for various frequencies of cyclical...
Join the network
