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Publications (18)
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– Landholding patterns and women’s low work participation rates in West Bengal, India
Compared with most other Indian states, women’s reported work participation rates have historically been low in West Bengal. This trend is more prominent in rural areas. Historians have tried to explain this phenomenon in terms of culture and the ideology of domesticity.While persisting cultural...
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– A comparison across different selection models
This study focuses on estimating the returns to education in non-farm self-employed businesses in the Indian context, using nationwide individual- and household-level data provided by the India Human Development Survey for the year 2011/12. Given that different studies have used different types of...
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– A regression discontinuity approach
This paper estimates returns to schooling in Thailand, applying a regression discontinuity approach to the change in the compulsory schooling law in 1978. This law helped to enhance human capital investment on the eve of rapid structural transformation. The returns to schooling based on our...
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– Evidence from Sierra Leone
Using data from Sierra Leone, I explore the role of cognitive ability in sorting across sectors and the importance of perceptions in the employment decision-making process. Crucial to the analysis is the introduction of the aid-industry/development sector as a ‘third sector’, which is shown to be...
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– When manufacturing is jobless and services are tradable
Globalization and robotics (globotics) are transforming the world economy at an explosive pace since they are driven by digital technology that is advancing in phenomenal increments. This paper—which should be considered a ‘thought piece’—argues that the globotics transformation is likely to disable...
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– The role of infrastructure development and gender norms
Traditional gender norms can restrict independent migration by women, preventing them from taking advantage of economic opportunities in urban non-agricultural industries. However, women may be able to circumvent such restrictions by using marriage to engage in long-distance migration—if they are...
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– A West African Example
We 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 in one country impact on other countries in the...
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In 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 profiles of different kinds, in order to identify...
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– Estimating Interest Rate Rules for the BCEAO
This paper examines to what extent the central bank for the West African Economic and Monetary Union (BCEAO) has used interest rate policy in response to domestic economic developments. We show that while in the long run the BCEAO matches changes in French (Eurozone) interest rates one for one, in...
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This paper brings out that poverty increased massively in the wake of the 1994 devaluation of the CFA franc, despite a significant recovery of economic growth. Although this increase affected all the social groups, it fell mostly on the urban poor. An analytical model is presented, which explains...
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L’objectif de cet étude est d’analyser l’état de la convergence dans l’UEMOA, de 1980 à 2001, à travers les critères de convergence définis dans son pacte de convergence. On utilise l’approche méthodologique de Haldane et Hall (1991) pour appréhender la dynamique des variables économiques du pacte...
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– Evidence from West Africa
In this paper we use data from 17 African nations in order to investigate the hypothesis that monetary union – represented in this case by the CFA Franc Zone – augments the extent of macroeconomic integration. The paper covers a number of dimensions of integration including the volume of bilateral...
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– Country-level Credit Policy
This paper examines whether the BCEAO has made use of the various policy instruments at its disposal for steering credit in the individual CFA zone member countries to complement interest rate policy at the zone level. We estimate whether private sector credit has responded systematically to...
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– The Choice of an Exchange Rate Regime for the CFA Countries Zone
The paper determines an analytical framework defining the choice of an optimal exchange rate regime for a typical CFA country. The policymakers behave strategically to decide to adopt alternative exchange rate regime by minimizing their loss function under specific constraints like economic...
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– A Comparative Study Using Innovation Accounting
This paper investigates the impacts and responses of macroeconomic shocks in some domestic economies in Sub-Saharan Africa over the period 1961-99; more specifically, it seeks to answer the question of whether there are any systematic differences in the responses of the CFA franc zones and the non...
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– Time-series and Cross-country Evidence from the CFA-zone Countries of sub-Saharan Africa
The causes of the slow growth of CFA countries are investigated. There is little difference in this respect between the CFA and other sub-Saharan African countries. Since 1970, GDP growth in the CFA countries has shown no significant trend but one or two medium-term fluctuations (positive in 1979-83...
Displaying 16 of 18 results