This paper uses empirical data to develop a multi-market model for Malawi. The model is used to simulate the effects on production, consumption, real household income, and trade as a result of: changes in the world price of traded commodities, exogenous changes in the production level of...

Recent literature has debated possible adverse impacts of aid volatility on a country's economic performance. Our paper adds to this literature in three ways: First it tests the validity of the aid volatility and growth relationship from various aspects: across time horizons, by sources of aid,...

This paper adds to aid volatility literature in three ways: First it tests the validity of the aid volatility and growth relationship from various aspects: across different time horizons, by sources of aid, and by aid volatility interactions with country characteristics. Second, it investigates...

Using newly available census data, the stock of international migrants is estimated at 247 million in 2013, significantly larger than the previous estimate of 232 million, and is expected to surpass 250 million in 2015. Migrants’ remittances to developing countries are estimated to have...

The number of individuals who have crossed borders has mushroomed over recent years. The phenomenon of international migration, however, is heterogeneous in terms of the underlying motives and aspirations of migrants. Forced international migrants are involuntarily displaced refugees who flee...

Communities differ in important ways in their needs, capacities, and circumstances. Because central governments are not able to discern these differences fully, they seek to achieve their policy objectives by relying on decentralized mechanisms that use local information. Household and...

Important differences exist between communities with respect to their needs, capacities, and circumstances. As central governments are not able to discern these differences fully, they seek to achieve their policy objectives by relying on decentralized mechanisms that use local information....

The objective of measuring poverty is usually to make comparisons over time or between two or more groups. Comm on statistical inference methods are used to determine whether an apparent difference in measured poverty is statistically significant. Studies of relative poverty have long recognized...