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This paper analyses inflation dynamics in the Central African Economic and Monetary Community (CEMAC) using a constructed dataset for country-specific commodity price indices and panel cointegrated vector autoregressive models. Imported commodity price shocks are significant in explaining...
Drawing on data we collected in Cotonou (southern Benin), we highlight the importance of magico-religious expenditures within Beninese households. We focus on magico-religious powers used to cure and protect one-self or relatives against negative health shocks and other misfortunes. Our...
This paper investigates the effect of shocks on children's time in school, home production and market production at the extensive and intensive margins. Production shocks increase the probability of withdrawal from school by 11% and participation in farm work by 24%, but have no effects on...
The aim of this paper was to explain why poverty and material deprivation in South Africa are significantly higher among those of African descent than among whites. To do so, we estimate the conditional levels of poverty and deprivation Africans would experience had they the same characteristics...
Analysing panel data for the period 1975–2001 from a large group of African countries, we find that trade and institutions (political rights, civil liberties and the rule of law) exert little influence on human development in the form of literacy. Interestingly, income appears to be, by far, the...
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