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Working Paper
Modelling Macroeconomic Linkages in a Monetary UnionWe construct a structural macroeconometric model for member states of the West African Economic and Monetary Union. Fitting this model to annual and quarterly time series data allows us to identify the channels through which macroeconomic innovation...
Working Paper
The Characteristics of Macroeconomic Shocks in the CFA Franc ZoneIn this paper we fit a VECM in output and prices to data from ten countries of the CFA Franc Zone. This model allows for various cross-country interactions in both the short run and the long run. The VECM parameters are used to estimate persistence...
Working Paper
Output and Price Fluctuations in China's Reform YearsThe Chinese economy underwent cyclical fluctuations in growth and inflation in the reform period. Contrasting views exist on the role of money in such fluctuations. This paper assesses these views employing structural VEC models based on the exchange...
Working Paper
A Macroeconomic Model of a Developing Country Endowed with a Natural ResourceThe present paper presents a short-run theoretical macroeconomic model of the type suggested in Sachs (1996), attempting to differentiate economic development in East Asia with Latin America. Latin America, when compared to East Asia is said to...
Working Paper
Oil Driven Macroeconometric Model of KuwaitKuwait is a well endowed, small and open economy. In this economy the Government is the owner of the bulk of the wealth. Its wealth comes basically from underground oil and oil-accumulated assets. Since there is virtually no tax, the government...
Working Paper
Gender and Informal Sector Analysis in IndiaThe main purpose of this paper is to look at the incorporation of gender and the informal sector within a general equilibrium framework for India. Moreover, we clarify some important links between a gender aware informal sector based social...
Book Chapter
The Gains from Growth for Women and Informal Workers in IndiaPart of Book The Rise of China and India
Working Paper
Impact of Foreign Aid on Economic Growth in Sierra LeoneThis paper examines the impact of foreign aid on economic growth in Sierra Leone, a country where an empirical econometric study on aid effectiveness is yet to exist. Using a triangulation of approaches involving the ARDL bounds test approach and the...
Working Paper
The Long-Run Impact of Foreign Aid in 36 African CountriesStudies of aid effectiveness abound in the literature, often with opposing conclusions. Since most time-series studies use data from the exact same publicly available data bases, our claim here is that such differences in results must be due to the...
Research Brief
Aid and Economic GrowthPhillip Michael Kargbo's UNU-WIDER working paper, 'Impact of Foreign Aid on Economic Growth in Sierra Leone: Empirical Analysis' examines the impact of foreign aid on growth in Sierra Leone using a variety of econometric approaches. The paper finds...
Journal Article
The Long-Run Impact of Foreign Aid in 36 African CountriesThe authors comprehensively analyse the long-run effect of foreign aid (ODA) on key macroeconomic variables in 36 sub-Saharan African countries from the mid-1960s to 2007, using a well-specified co-integrated VAR model as statistical benchmark...
Book Chapter
The Characteristics of Macroeconomic Shocks in the Franc ZonePart of Book Macroeconomic Policy in the Franc Zone
Book Chapter
Short-Run Models of Contrasting Natural Resource EndowmentsPart of Book Resource Abundance and Economic Development
Journal Article
The Characteristics of Macroeconomic Shocks in the CFA Franc ZonePart of Journal Special Issue The CFA Franc Zone 10 Years After Devaluation
Displaying 16 of 16 results