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WCFIA Working Papers

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Accountability and Inequality in Single-Party Regimes: A Comparative Analysis of Vietnam and China
by Abrami, Regina M.; Malesky, Edmund; Zheng, Yu
Over the past two decades, no two economies have averaged more rapid economic growth than China and Vietnam. But while China's income inequality has risen rapidly over that same time frame, Vietnam's...
Publication Type: WCFIA Working Paper
Published Date: July 2008 More
Outsourcing the Big Stick: The Consequences of Using Private Military Companies
by Petersohn, Ulrich
The outsourcing of military functions is always accompanied by a loss of control over the use of force. Whereas the variances in handling consequences by weak versus strong states have already been...
Publication Type: WCFIA Working Paper
Published Date: June 2008 More
The Political Economy of Agricultural Trade Interventions in Africa
by Bates, Robert H.; Block, Steven
In this chapter, we explore patterns of variation in the content of agricultural policies in Africa. We look at the impact of the government’s need for revenues, the incentives for farmers to...
Publication Type: WCFIA Working Paper
Published Date: May 2008 More
Estimating the Impact of the Hajj: Religion and Tolerance in Islam’s Global Gathering
by Kramer, Martin; Khwaja, Asim; Clingingsmith, David
We estimate the impact on pilgrims of performing the Hajj pilgrimage to Mecca. Our method compares successful and unsuccessful applicants in a lottery used by Pakistan to allocate Hajj visas. Pilgrim...
Publication Type: WCFIA Working Paper
Published Date: April 2008 More
Earning from History: Financial Markets and the Approach of World Wars
by Ferguson, Niall
We are living through a paradox—or so it seems. Since September 11, 2001, according to a number of neo-conservative commentators, America has been fighting World War III (or IV, if you like to give...
Publication Type: WCFIA Working Paper
Published Date: February 17, 2008 More
Can Exchange Rates Forecast Commodity Prices?
by Rogoff, Kenneth S.; Rossi, Barbara; Chen, Yu-chin
This paper studies the dynamic relationship between exchange rate ‡fluctuations and world commodity price movements. Taking into account parameter instability, we demonstrate surprisingly robust...
Publication Type: WCFIA Working Paper
Published Date: February 14, 2008 More
Investment Cycles and Sovereign Debt Overhang
by Gopinath, Gita; Aguiar, Mark; Amador, Manuel
We characterize optimal taxation of foreign capital and optimal sovereign debt policy in a small open economy where the government cannot commit to policy, seeks to insure a risk averse domestic...
Publication Type: WCFIA Working Paper
Published Date: February 5, 2008 More
Economic Aspects of the Cold War, 1962-1975
by Cooper, Richard N.
US objectives during the Cold War were to prevent Soviet attacks on the United States and its allies and to prevent the spread of communism as a political and economic system to other...
Publication Type: WCFIA Working Paper
Published Date: February 2008 More
Powerful Women: Does Exposure Reduce Prejudice?
by Pande, Rohini; Beaman, Lori; Chattopadhyay, Raghabendra; Duflo, Esther; Topalova, Petia
Female leadership remains strikingly low in most democracies, and voter preferences are often suggested as a likely explanation. In this paper, we present experimental evidence from India which...
Publication Type: WCFIA Working Paper
Published Date: February 2008 More
Colonial Land Tenure, Electoral Competition and Public Goods in India
by Iyer, Lakshmi; Banerjee, Abhijit
Social scientists have long emphasized the importance of institutions in nurturing economic growth and development. Douglass C. North defines institutions as the "rules of the game in a...
Publication Type: WCFIA Working Paper
Published Date: February 2008 More