Showing 1 - 10 of 353
We use annual variation in rainfall to examine the effects that exogenous, transitory income shocks have on remittances in a panel of 42 Sub-Saharan African countries during the period 1960-2007. Our main finding is that these income shocks have a significant positive effect on remittances, but...
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Global temperatures have increased at an unprecedented pace in the past 40 years. This paper finds that increases in temperature have uneven macroeconomic effects, with adverse consequences concentrated in countries with hot climates, such as most low-income countries. In these countries, a rise...
Persistent link: https://www.econbiz.de/10011866510
general equilibrium model reveal that good policies can help countries cope with negative weather shocks to some extent … global warming-could limit the adverse macroeconomic consequences of weather shocks in a long-lasting way …
Persistent link: https://www.econbiz.de/10012103566
This paper examines the determinants of inflation in Chad using quarterly data from 1983:Q1 to 2009:Q3. The analysis is based on a single-equation model, completed by a structural vector auto regression model to capture inflation persistence. The results show that the main determinants of...
Persistent link: https://www.econbiz.de/10014402555
This paper studies the transmission of bank capital shocks to loan supply in Indonesia. A series of theoretically …
Persistent link: https://www.econbiz.de/10011763618
This paper investigates whether Indonesia’s recent currency crisis was due to domestic fundamentals, common external … Indonesia’s currency to domestic political and financial factors and contagion from speculative pressures in Thailand and Korea … probabilities improves the conditional probabilities of crisis in Indonesia. There is also evidence of contagion in the stock market …
Persistent link: https://www.econbiz.de/10014399813
inflation. In the context of the growing literature on the globalization of inflation, these results suggest that common weather …
Persistent link: https://www.econbiz.de/10012102097