The volatility in international oil prices has important implications for policies that determine national retail prices of petroleum products. This paper addresses a number of issues regarding petroleum product pricing in Western Africa emphasizing international spillovers that may limit the...

This paper attempts to quantify the impact of the HIV/AIDS epidemic on social capital with cross-country data. It estimates reduced-form regressions of the main determinants of social capital controlling for HIV prevalence, institutional quality, social distance, and economic indicators using...

The author attempts to analyze whether price-based controls on capital inflows are successful in insulating economies against external shocks. He presents results from vector auto regressive (VAR) models that indicate that Chile and Colombia, countries that adopted controls on capital inflows,...

The author evaluates the effectiveness of policy measures adopted by Chile and Colombia, aiming to mitigate the deleterious effects of pro-cyclical capital flows. In the case of Chile, according to his Generalized Method of Moments (GMM) analysis, capital controls succeeded in reducing net...

In this paper we attempt to analyse whether price-based controls on capital inflows are successful in insulating economies against external shocks. We present results from vector autoregressive (VAR) models, which indicate that Chile and Colombia, countries that adopted controls on capital...

This paper attempts to quantify the impact of the HIV|AIDS epidemic on social capital with cross-country data. Using data from the World Values Survey (WVS), the authors estimate reduced-form regressions of the main determinants of social capital controlling for HIV prevalence, institutional...