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This paper develops an empirical model to predict banking crises in a sample of 60 low-income countries over the 1981-2015 period
This paper assesses the optimal setting of fiscal spending and foreign exchange rate intervention policies in response to volatile foreign aid,
This paper uses a dynamic general equilibrium model with efficiency wages and endogenous capital accumulation
This paper quantitatively investigates the impact of this increase in education on female employment in Senegal
This paper uses loan-level data on syndicated lending to a large sample of developing countries between 1993 and 2017
This paper shows that liberalizing reforms engender benefits for the economy but they materialize only gradually over time
Evidence from Rwanda
This study uses manufacturing firm census data from Ethiopia to identify productivity losses attributable to power disruptions
This paper explores the relationship between remittances and financial inclusion for a sample of 187 countries over the period 2004-2015
This paper rationalizes this outcome looking at the association between cost inflation and public investment in road construction projects
This paper uses microdata from Senegal to assess the probability of a worker being in the informal sector
This paper studies the channels through which natural disaster shocks affect macroeconomic outcomes and welfare in disaster-prone countries
This paper introduces a new suite of macroeconomic models that extend and complement the Debt, Investment and Growth (DIG) model
This paper takes a fresh look at the current theories of structural transformation and the role of private and public fundamentals in the process
This paper examines the Debt, Investment, Growth, and Natural Resources models
The paper is based on a newly developed dataset on public and private capital stocks for 151 countries over a period of 1960-2014
This paper investigates the impact of domestic fuel price increases on export growth in 77 developing countries over 2000-2014
This paper takes a fresh look at the aggregate and distributional effects of policies to liberalize international capital flows
Examines the impact of a microcredit expansion program on financial access and the transition of unbanked borrowers to commercial banks
This paper estimates impulse response functions from local projections using a panel of annual data that spans 151 countries over 1963-2014
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