Publications des institutions partenaires
Investment gaps in IDB borrowing countries
We estimate public investment gaps in a sample of developing countries using a public investment demand function. We then use GDP per capita projections, forecasts of structural transformation, and three SDG targets (poverty, infant mortality and lower secondary school completion) to predict public investment needs in 2030 among IDB borrowing countries. Our estimates suggest that in...
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 13/04/2018
Trade re(im)balanced: the role of regional trade agreements
This paper documents the novel fact that Regional Trade Agreements (RTA) decrease bilateral trade imbalances as measured by conventional measure of the net export share in gross trade. While on average an RTA decreases bilateral trade imbalance by 7%, greater trade integration through a deeper RTA is associated with a reduction of up to 50% among the sample of over 160 countries...
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 13/04/2018
Exchange rates, international trade and growth: re-evaluation of undervaluation
This paper shows that a regional bias resulting from trade integration alters the transmission of a country's monetary policy by shifting the burden of the exchange rate adjustment towards the less integrated trading partners. I first develop a simple model which illustrates how a concentration of trade flows among regional trading partners a↵ects the sensitivity of the trade balance...
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 13/04/2018
Structural budget balances in oil-rich countries: the cases of Azerbaijan, Kazakhstan, and Russia
This study aims to analyse the discretionary fiscal policy of Azerbaijan, Kazakhstan, and Russia for the period 2003-2015 using the structural budget balance (SBB). The SBB considers the permanent component of oil revenue and therefore clearly defines the discretionary fiscal position and the aggregate demand effect of fiscal policy. The SBBs in Azerbaijan and Russia experience a...
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 20/03/2018
Are fiscal rules helpful in mitigating the impact of oil market fluctuations?
In this paper we empirically examined the role of fiscal rules in mitigating the impact of oil market fluctuations in resource-rich economies using a structural panel VAR framework following P. Pedroni (2013) and incorporating identification scheme of Kilian (2009). Our key findings can be summarized as: l) oil exporting developing countries exhibit procyclical respond to positive...
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 26/02/2018
How does environmental regulation shape economic development?: a tax competition model of China
We propose a novel theoretical framework to study how environmental regulation shapes economic development in a developing country such as China. We develop a dynamic tax competition model in which local governments, located in development zones, use variation in taxes to attract workers to their jurisdictions. Their objective is to maximize tax revenue less local health costs that...
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 20/02/2018
The Advocate General's opinion in Intel: more consistent enforcement across practices and instruments
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 19/02/2018
A note on the economics of philanthropy
This note starts with a short review of the economic literature on philanthropy. Next, it provides some estimates of philanthropic giving in advanced and middle-income economies and discusses how innovative financial instruments can leverage charitable giving. The note concludes with a discussion of the controversial aspects of philanthropic activities.
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 09/10/2017
Public good provision in Indian rural areas: the returns to collective action by microfinance groups
Self-help groups (SHGs) are the most common form of microfinance in India. We provide evidence that SHGs, composed of women only, undertake collective actions for the provision of public goods. Using a theoretical model, we show that an elected official, whose aim is to maximise re-election chances, would exert higher effort in providing public goods when private citizens undertake...
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 06/10/2017
A reappraisal of state-owned banks
We revisit the public banks debate, survey the theoretical arguments and test the robustness (and expand) the existing empirical evidence. While we find some support for the view that public banks do not allocate credit optimally, we also report indicative evidence that they exert a positive influence on private bank efficiency, and may contribute to reduce credit procyclicality....
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 03/10/2017
Braving the waves: the role of time and risk preferences in illegal migration from Senegal
This paper aims to provide the first evidence concerning the relationship between time ans risk preferences and illegal migration in an African context. Based upon our theoretical model and using a unique data set on potential migrants collected in urban Senegal, we evaluate a measure of time and risk preferences through the individual's intertemporal discount rate and coefficient of...
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 15/01/2016
The Eurozone crisis: a consensus view of the causes and a few possible solutions
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 07/12/2015
Institutions, mobilization and rebellion in post-colonial societies
We revisit the simultaneous equations model of rebellion, mobilization, grievances and repression proposed by Gurr and Moore (1997). Our main contribution is to clarify and improve on the underlying identification strategy and to emphasize the role played by the institutional environment. Instrumental variables estimates for post-colonial societies reveal that the strength of the...
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 29/07/2015
WTO 2.0: governance of 21st century trade
The cross-border flows of goods, investment, services, know-how and people associated with international production networks–call it ‘supply-chain trade’ for short–has transformed the world. The WTO has not kept pace. This paper argues that adapting world trade governance to the realities of supply-chain trade will require a new organization–a WTO 2.0 as it were. Reasoning on the...
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 24/07/2015
Managing cooperation on climate change: what can we learn from the WTO ?
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 12/05/2015
The impact of land mines on child health: evidence from Angola
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 05/02/2015
External shocks, internal shots : the geography of civil conflicts
This paper uses detailed information on the latitude and longitude of conflict events within a set of Sub-Saharan African countries to study the impact of external income shocks on the likelihood of violence. We consider a number of external demand shocks faced by the country or the regions within countries - changes in the world demand of agricultural commodities, financial crises...
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 19/11/2012
Time to ship during financial crises
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 06/11/2012
Conflicts of interest, reputation, and the interwar debt crisis: banksters or bad luck?
This paper builds a new dataset with detailed information on the universe of foreign government bonds issued in New York in the 1920s and uses these data to describe the behavior of the financial intermediaries which operated in the New York market during the period leading to the interwar debt crisis. The paper starts by showing that concerns over reputation played an important role...
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 18/10/2012
Domestic and external public debt in developing countries
Institution partenaire
Institut de hautes études internationales et du développement
Français, English / 18/10/2012
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