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an Eldis Resource
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Cash constraints and sticky input expenditures: experimental evidence from Malawi
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S.T. Holden (ed);R. Lunduka (ed)
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Centre for the Study of African Economies, Oxford,
2011
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Malawi has implemented a large-scale agricultural input subsidy program since 2005 after a period with severe food shortages and the program has contributed to increased food availability, higher real...
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Structural policies for shock-prone developing countries
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P. Collier;B. Goderis
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Centre for the Study of African Economies, Oxford,
2009
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Recent fluctuations in global commodity prices have revived an interest in the relationship between adverse shocks and growth, with particular reference to developing countries. So far, analysis ha...
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Riding the wave: monetary responses to aid surges in low-income countries
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C. Adam;E. Buffie;S. O'Connell
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Centre for the Study of African Economies, Oxford,
2007
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Highly persistent shocks to aid flows such as HIPC or MDG-related increases in net flows have beneficial long-run effects. However, they produce dramatic macroeconomic management problems in the short...
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Do high interest rates defend currencies during speculative attacks? new evidence
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B. Goderis; V.P. Ioannidou
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Centre for the Study of African Economies, Oxford,
2006
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Kraay (2003) investigates the existence of non-linear effects of monetary policy. This paper extends on Kraay’s work and constructs an improved measure of monetary policy. It documents the most approp...
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Estimating monetary policy rules for South Africa
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J. Aron; J. Muellbauer
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Centre for the Study of African Economies, Oxford,
2001
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This paper analyses the conduct of monetary policy in South Africa, describing the historical record and institutions of monetary policy, and formally modelling extended Taylor rules for interest rate...
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Aid versus trade revisited
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C. S. Adam; S. A. O'Connell
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Centre for the Study of African Economies, Oxford,
2001
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Examines the (non) equivalence between aid flows and trade preferences as alternative forms of donor assistance in the presence of learning-by-doing externalities in recipient country export productio...
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Credit constraints in manufacturing enterprises in Africa
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A. Bigsten; P. Collier; S. Dercon; M. Fafchamps; B. Gauthier; J. W. Gunning; M. Soderbom; A. Oduro; R. Oostendorp; C. Pattillo; F. Teal; A. Zeufack
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Centre for the Study of African Economies, Oxford,
2001
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Paper investigates the question of whether firms in the manufacturing sector in Africa are credit constrained. The fact that few firms obtain credit is not sufficient to prove constraints, since certa...
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Income risk, coping strategies and safety nets
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S. Dercon
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Centre for the Study of African Economies, Oxford,
2001
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This paper discusses the different strategies households use to cope with their livelihood risk. It focuses on income-based strategies, on assets as self-insurance and on informal insurance arrangemen...
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Human rights, political instability and investment in South Africa: a note
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D. Fielding
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Centre for the Study of African Economies, Oxford,
2001
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This paper extends the model of Fielding (1999), which is designed to explain changes in investment in South Africa during the Apartheid period, by allowing a role for indicators of political instabil...
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Why is Africa so poor?: a structural model of economic development and income inequality
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D. Fielding
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Centre for the Study of African Economies, Oxford,
2001
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The paper extends existing work on inequality and economic development by estimating a cross-country structural model that identifies bi-directional relationships between income inequality and other i...
