Does financial compensation for providing environmental conservation, improve the food security of the rural poor in the drylands of Sub-Saharan Africa? This paper explores this question using data from a randomized controlled trial of a large scale reforestation implemented by the Government of...

This paper analyzes whether taxation can be successfully used to reduce the incidence of labor informality and achieve higher equality in a globalized economy. To this purpose, it develops a two-area model: a developed country and an emerging country. The two areas differ according to the size...

Are global incomes converging or diverging Despite recent empirical evidence supporting the hypothesis of unconditional beta convergence, this paper argues that such findings overlook the stark reality facing the world's poorest people. Many lower income countries, including those among the...

Improving rural credit markets requires a good understanding of the root causes of market failures and taking necessary steps to address them. This paper investigates the role of productivity shocks in borrowers' repayment choices. Using a framed field experiment that simulated a repeated...

This paper documents some of the first estimates of the effect of the coronavirus pandemic on food security in a low- and middle-income country context. It combines nationally representative pre- pandemic household survey data with follow-up phone survey data from Mali and exploits sub- national...