Research

Research projects and papers

Research Agenda

Sub-Saharan Africa

Working Papers

Publications

Work in Progress

  • Trade shocks and macroeconomic fluctuations in Africa. A Replication Study of Kose and Riezman (Journal of Development Economics, 2001)

  • Investment Specific Technology Shocks and Real Business Cycles in Sub-Saharan African Economies

  • Import Price Shocks and High Volatility in Consumption of Sub-Saharan African Countries: Role of Staple Food Import Dependence

  • Informality, Financial Frictions, and Business Cycles in Sub-Saharan African Economies

  • Exporting Crude, Importing Petroleum: The Sources of Volatility in African Oil Producers

  • Explaining business cycles in Sub-Saharan African economies: How much do commodity prices matter?

  • Natural Disasters and High Volatility in Consumption in Low-Income Countries

  • Quantitative Analysis of Ghana’s 2014-2016 Macroeconomic Crisis

  • Rollover Risk and Sovereign Credit Ratings: The Debt Burden Channel in Low-income Countries

  • Global Financial Conditions, Trade Finance, and Real Business Cycles in Sub-Saharan Africa

  • Explaining Trade Dynamics in Sub-Saharan African Economies: `How much do world prices matter?’

  • Sovereign Risk, Leverage, and Business Cycles in Sub-Saharan African Economies

  • Banking Crises and Government Financial Policy in Sub-Saharan Africa: A Quantitative Perspective

  • Adjustment cost, Irreversibility, and Uncertainty in Investment: Cause of Volatility in Sub-Saharan African Economies

  • Why doesn’t Capital Flow to African Countries?

  • Dynamic Irreversible Militarization Process Experience from Zimbabwe

  • Political Cause of Hyperinflation: Evidence from Zimbabwe

  • Monetary Resilience after Hyperinflation in Zimbabwe: Dollarization, De-dollarization, and the Role of Credibility

  • Was Robert Mugabe Truly a Ruthless Dictator?

Macro-Finance

Working Papers

Publications

Work in Progress

Others

Working Papers

Publications

Work in Progress

Permanent working papers