This paper examines the effects of aid on sources of growth: capital accumulation and total factor productivity (TFP) growth; the latter captures the effect on growth after removing the contribution of factor accumulation. Given the role of TFP in explaining cross-country differences in income...

This paper makes use of the income variability generated by the macroeconomic crisis of 2001/2002 to examine schooling outcomes in Argentina. The effect of this macroeconomic swing is examined with a focus on whether the income or substitution effect dominates in the decision-making of young...

Although many developing countries have experienced an increase in the relative demand for skilled workers leading to a rise in wage inequality, the role played by trade in this trend remains a matter of debate. Using a firm-level database covering manufacturing and non-manufacturing sectors in...