Rules versus discretion in tax policy Compared to existing income taxes, a value-added tax limits the tax base to information that can easily be monitored, reducing the role of discretion Finance Roger Gordon Published 10.10.17
The impact of isolationist policies: Insights from regional capital and labour flows in Thailand Big data with big theory reveal how restrictive regional economic policies can lead to lower national productivity and higher inequality Finance Robert Townsend Published 26.09.17
Chinese investment in Africa Chinese investment in Africa, while less extensive than often assumed, has the potential to generate jobs and development on the continent Finance Margaret McMillan Published 21.07.17
Demonetising India Abhijit Banerjee discusses the economics and politics behind the 2016 demonetisation in India. Finance Abhijit Banerjee Published 21.06.17
Improving payroll-tax compliance through decentralised monitoring: Evidence from Mexico Even formal firms evade payroll taxes, and workers can be effective monitors of their employers’ reports, with the right incentives. Finance Eric Verhoogen Published 21.06.17
Land and financial misallocation in India A strong positive correlation emerges between the misallocation of land and misallocation of finance Finance Gilles Duranton Ejaz Ghani Arti Grover Goswami William Kerr Published 27.05.16
The effect of aid on growth: Evidence from a quasi-experiment Analysis suggests physical infrastructure investments are a key driver of growth impacts from aid Finance Sebastian Galiani Stephen Knack Lixin Colin Xu Ben Zou Published 28.04.16
African leaders’ misuse of Chinese development finance: The price of country ownership China’s ‘on demand’ approach to foreign assistance may be motivated by good intentions, but it increases the risk of political misuse of aid Finance Axel Dreher Andreas Fuchs Roland Hodler Bradley Parks Paul Raschky Michael Tierney Published 18.08.15