The financial and economic crisis of 2008 and 2009 took a heavy toll on the South African economy. The economy contracted for the first time since 1998 and entered recession during the fourth quarter of 2008. The gross domestic product contraction was soon transmitted to the labour market....

Recent debates amongst civil society organizations focusing on the governance of multilateral development banks have expressed some concerns regarding institutional capacities to ensure project quality-at-entry in line with key developmental issues. The present paper delves upon the African...

The financial and economic crisis of 2008 and 2009 has taken its toll on the South African economy. The economy contracted for the first time since 1998, and entered recession during the fourth quarter of 2008. The GDP contraction was soon transmitted to the labor market. Between the second...

The financial and economic crisis of 2008and 2009 has taken its toll on the SouthAfrican economy. The economy contractedfor the first time since 1998, and enteredrecession during the fourth quarter of 2008.The GDP contraction was soon transmittedto the labor market. Between the secondquarters of...

This case study uses primary evidence from the Rift Valley Railways concession—a complex multinational rail concession originating from Mombasa (Kenya) and to Kampala (Uganda)—to discuss strategic roles of multilateral development banks in infrastructure project finance. We find...

This paper studies the informational content of elective teams in a dynamic agency framework with adverse selection. Two agents with different employment histories are paid their conditional expected marginal product. They observe their types (good or bad), and chooose between working together...

This paper studies the impact of family structures and elders' participation status on sectoral labor allocation in developing agricultural economies.

This paper studies the informational content of elective teams in a dynamic principal/multiple-agents framework with adverse selection. Two agents with different employment histories are paid their conditional expected marginal product. They observe their types (good or bad), and choose between...

We analyze the extent to which intergenerational teams provide information on workers' productivity in the long run. We use a dynamic stochastic framework where wages are reputation-based and consider three possible work arrangements. When agents can only work by themselves we show that some...

Team production analysis are usually carried in static frameworks where employees choose neither their teammates nor between working in a team or by themselves. This hypothesis does not reflect certain work environments. For example, academics are seldom forced to work as a team. They usually...