A large economic literature discusses the implications of export sanctions for a variety of states around the world. This paper investigates the macro-level consequences of imposing oil export barriers on an oil exporting country. We employ a large real financial computable general equilibrium for Iran. The model is calibrated based on 1999 Social Accounting Matrix for the economy of Iran inc...

Policies related to thwarting transnational terrorism have been at the forefront of political and social debates. In this paper we empirically examine the impacts of socio-economic conditions on the probability and frequency of participation in transnational terrorism events. We use count data analysis techniques in combination with the newly combined annual data on transnational terrorism and ...

A key challenge for a future climate change agreement is allocating emissions targets for individual developed countries that are perceived as equitable given differing national circumstances. Many economics-based frameworks for evaluating future targets use as a key criterion for individual country targets the notion that mitigation measures should result in similar costs (specifically, that t...

The extent to which individuals discount the future and whether they discount in a timeconsistent fashion is an important determinant of their life outcomes. Using a field experiment in the Democratic Republic of Congo, we show that direct exposure to violence substantially increases present bias – choice of the smaller, immediate reward over the larger, later reward. We demonstrate that provid...

Exploiting the historical variations in the structure of the international co ee bean market, I separately identify the e ects of an international cartel agreement and the emergence of a fringe exporting country on the market power and the commodity's price. The results suggest that, of the 75-percent drop in the real co ee price between 1988 and 2001, the cartel's breakdown explains 49 points ...

This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate. This paper examines the spatial dispersion effects of regiona...

Burkholderia pseudomallei is a Gram-negative bacterium responsible for melioidosis, a serious and often fatal infectious disease that is poorly controlled by existing treatments. Due to its inherent resistance to the major antibiotic classes and its facultative intracellular pathogenicity, an effective vaccine would be extremely desirable, along with appropriate prevention and therapeutic manag...

For a thousand years, income growth was associated with a rising military employment share. But this share peaked in the early 20th century, after which military employment shares fell with income growth. Rising military shares were driven by structural change out of agriculture, and the recent declines are driven by substitution from soldiers towards military goods. I document evidence for thi...

This paper explores the development of Cote d’Ivoire’s formal private sector in the years preceding and immediately following the political crises in 1999-2000 and the Civil War that began in 2002. Notably, during the conflict politicians exploited and ex­ acerbated anti-foreigner sentiments, tolerating increasing number of attacks targeting foreigners. We use a unique database from the Registr...