This paper analyzes the impact of remittances on household consumption instability in a large
panel of developing countries. There are four main results. First, remittances significantly …

This paper focuses on the impact of property rights insecurity on deforestation in the Brazilian
Legal Amazon. Deforestation is considered as a risk management strategy: property rights …

A major policy debate in China starting in the Mao era and carrying through the Deng area
involves the tradeoff between equity and efficiency in regional growth policies. In this paper, …

This paper first analyzes the impact of capital inflows on the real effective exchange rate for
a sample of 42 emerging and developing countries over the period 1980–2006. The results …

This paper analyses the effects of trade openness on budget balances by distinguishing the
effects of natural openness from those of trade policy. Revealed indicators of natural …

This article examines the meaning and consequences of the developing countries’ vulnerability
to the volatility of commodity prices. It first considers how to define and measure a country…

This paper assesses the impact of financial flows and their composition on the real exchange
rate and on economic growth for a sample of low- and middle-income countries over the …

We investigate the reaction of fiscal policy to the business cycle in a panel of 56 developed,
emerging and developing economies over 1990–2011. While we strengthen the established …

This paper explores the role of remittances and foreign aid inflows during food price shocks.
The results yield four findings. First, low income countries and the Sub-Saharan African …

We examine how inflation targeting (IT) and fiscal rules (FR) affect inflation and fiscal
performance in a large panel of countries during 1990–2009. In line with theory, both FR and IT …