NCID Research Assistant Héctor Cárcel presented his master thesis “Fractional Integration in the West African Economic and Monetary Union”, which he conducted under the supervision of Professor Luis Alberiko Gil-Alaña.
In his paper he examined the time series behavior of three variables (GDP, Price level of Consumption and Population) in the eight countries that belong to the West African Economic and Monetary Union (WAEMU), which are Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo. The reason for carrying out this study originated in the...
"Which services most affect the productivity of firms in Sub-Saharan Africa?" This was the major research question put forth by Godfrey Madigu in his most recent lecture at the Navarra Center for International Development. Services have the potential to impact productivity by either increasing marginal costs or by hampering productivity through not being accessible. It was up to Madigu to explain of the two which most affected the productivity of Sub-Saharan Africa firms.
Building off from the studies of Eschenbach and Hoekman he examined how regional services in telecommunic...
Governments dislike large stocks of immigrants and spend significant resources in limiting the number of entries into their countries. However, once a mass of illegal immigrants has accumulated, a powerful incentive emerges to retrieve some fiscal base by granting immigration amnesties. By regularizing the illegal workers governments can increase fiscal revenue through the much larger tax base. “Apart from not contributing to taxes, illegal workers, free ride and are more involved in illegal activities” said Francesco.
“My main question is, ‘over the past 30 years, why hav...