Using Ethiopian firm-level data, we model the effect of different types of financing on firm growth. The form of financing is potentially endogenous to firm growth, and one contribution of this paper is to introduce a new ...

Little is currently known about the effects of shocks to parental health on the allocation of children’s time between alternative activities. Using longitudinal data from the Ethiopian Young Lives surveys of 2006 and 2009, ...

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 ...

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 ...

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, ...

International aid has an ambiguous effect on the macro-economy of the recipient country. To the extent that aid raises consumer expenditure, there will be some real exchange rate appreciation and a shift of resources away ...

Several existing papers explore the extent to which the cross-country variation in measures of democracy and political rights can be explained by the cross-country variation in foreign aid inflows. Using panel data, we ...

We analyze the correlation between survey-based measures of trust and behavior in the Trust Game in two villages in Cameroon. Some participants play the Trust Game with people from their own village, and others with people ...