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, ...

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 ...

Using a new monthly time-series data set, we explore the factors associated with variations in the number of civilians killed or wounded by participants in the civil war in Peru during the 1980s and 1990s. We find that an ...

We present a theoretical model of moral hazard and adverse selection in an imperfectly competitive loans market that is suitable for application to Africa. The model allows for variation in both the level of contract ...

There is evidence for the long-run persistence of geographical variation in tolerance towards other ethnicities. However, existing studies of tolerance use data from countries with long-standing patterns of ethnic diversity, ...

Existing studies suggest that alcohol dependency (or recovery from alcohol dependency) is associated with lower levels of empathy and generosity. We present results from a charitable donation experiment which shows that ...