There is some evidence from field studies and natural experiments that levels of charitable donation depend on the method in which donations are solicited. There is also some experimental evidence that spending on private ...

There is now a large empirical literature on the effect of the aggregate inflation rate on (i) the dispersion of prices across goods or locations (relative price variability, or RPV) and (ii) the dispersion of inflation ...

Recent empirical research into the macroeconomic effects of fiscal policy shocks has generated a ‘puzzle’. Both Keynesian and Real Business Cycle models predict that a fiscal expansion will lead to a real exchange rate ...

Using a survey and an experiment, we identify the personal characteristics associated with the difference between an individual’s giving to charity and her vote in a referendum on charitable giving. Under certain circumstances, ...

Robust estimation of the impact of political institutions on economic development requires the identification of valid instruments for institutional quality. Acemoglu et al. [2001] introduced the use of colonial settler ...

The impact of aid inflows on relative prices and output is ambiguous. Aid inflows that increase domestic expenditure are likely to cause real exchange rate appreciation, ceteris paribus. However, if this expenditure raises ...

We put forward a plausible explanation of African financial underdevelopment in the form of a bad credit market equilibrium. Utilising an appropriately modified IO model of banking, we show that the root of the problem ...

In this paper we present a statistical analysis of the factors that drive monthly variations in the aggregate level of support among Israeli Jews for the Oslo Peace Process. Attitudes depend on both the state of the Israeli ...

In the extensive empirical literature on aid effectiveness, aid is always measured as a share of GDP. However, measuring aid in real dollars per capita is also consistent with standard growth theory. We show that the choice ...