RESEARCH INTERESTS

International Macroeconomics, Monetary Economics, Development Economics

PUBLICATIONS

Duration of Fixed Exchange Rate Regimes: The Role of Central Bank Independence, with Mahama S. Bandaogo (2024) 

Applied Economics 56:17, 2025-2038

Public Debt, Institutional Quality and Growth in sub-Saharan Africa: A Threshold Analysis, with Laurent Kemoe (2022)

International Review of Applied Economics 36:2, 222–244 

Does FDI Affect Productivity and Growth in sub-Saharan Africa? with Christelle Meniago (2021)

Journal of African Business 22:2, 274-292

Remittances and Manufacturing Sector Growth in sub-Saharan Africa, with Getachew Nigatu (2021)

International Economic Journal 35:1, 120-138

Sudden Surges and Macroprudential Policies, with Mahama S. Bandaogo (2021)

Applied Economics Letters 28:1, 43-48 

Introduction: The Political Economy of Migrant Remittances, (2019)

Economic Notes 48:3, e12153

The Effect of Remittances on the Current Account in Developing and Emerging Economies, (2019) 

Economic Notes 48:3, e12149

Exchange Rate Flexibility and the Effect of Remittances on Economic Growth, (2017) 

Review of Development Economics 21:1, 103-125

Remittances and Current Account Dynamics, (2017) 

Economic Notes 46:1, 37-52

FDI, Sectoral Output and Real Exchange Rate Dynamics under Financial Openness, (2017) 

Bulletin of Economic Research 69:4, 384-394

A Note on Remittances, Monetary Regimes and Nontradable Inflation Dynamics, (2016) 

Macroeconomic Dynamics 20:6, 1668-1682

The Cyclicality of Remittances in Sub-Saharan Africa,  (2016) 

Journal of Economic Development 41:1, 1-18

Financial Openness, The Financial Accelerator and Sectoral Dynamics, with Joonyoung Hur, (2016) 

International Review of Economics and Finance 42:C, 277-290

Does Institutional Quality in Developing Countries Affect Remittances? with Evelina Mengova, (2016)

Journal of Developing Areas 50:1, 59-76

Remittances, Investment and Growth in Sub-Saharan Africa, (2013) 

Journal of International Trade and Economic Development 22:7, 1038-1058

Financial Openness, Nontradable Inflation and Optimal Monetary Policy, (2012) 

Economics Letters 117:3, 782-785  

Remittances, Exchange Rate Regimes and the Dutch Disease: A Panel Data Analysis, with Pablo A. Acosta and Federico S. Mandelman, (2012) 

Review of International Economics 20:2, 377–395

Financial Development, Crises and Growth, with Mira Farka, (2011) 

Applied Economics Letters 18:8, 711-714

Financial Openness and the Dutch Disease, (2011) 

Review of Development Economics 15:3, 556–568

A Note on the Effect of Financial Development on Economic Growth, (2010) 

Applied Economics Letters 17:7, 685-687

Remittances and the Dutch Disease, with Pablo A. Acosta and Federico S. Mandelman, (2009) 

Journal of International Economics 79:1, 102-116

Capital Inflows, Resource Reallocation and the Real Exchange Rate, (2008) 

International Finance 11:2, 131-152

Capital Inflows, Dutch Disease Effects and Monetary Policy in a Small Open Economy, (2008) 

Review of International Economics 16:5, 971-989

Capital Inflows and the Real Exchange Rate: An Empirical Study of Sub-Saharan Africa, (2007) 

Journal of International Trade and Economic Development 16:3, 337-357

POLICY REPORTS/BRIEFS/BOOKS

Industrialization in Sub-Saharan Africa: Seizing Opportunities in Global Value Chains, with Kaleb G. Abreha, Woubet Kassa, Taye A. Mengistae, Solomon Owusu and Albert G. Zeufack, (2021)

Africa Development Forum, World Bank,  Washington DC

Why a transformative industrialization policy is crucial for sub-Saharan Africa,  (2017)

Africa Portal

Leapfrogging: The key to Africa's development - from constraints to investment opportunities, with co-authors, (2017)

World Bank, Washington DC

WORKING PAPERS/WORK IN PROGRESS

Financial development, exchange rate regimes and growth dynamics, with Woubet Kassa

Africa in Manufacturing Global Value Chains: Cross-Country Patterns in the Dynamics of Linkages, with Kaleb G. Abreha, Taye A. Mengistae, Solomon Owusu and Albert G. Zeufack

Market Size, Sunk Costs of Entry, and Transport Costs: An Empirical Evaluation of the Impact of Demand-Side Factors versus Supply-Side Factors on Manufacturing Productivity, with Patricia Jones, Taye A. Mengistae and Albert G. Zeufack

Sources of Manufacturing Productivity Growth in Africa, with Patricia Jones, Taye A. Mengistae and Albert G. Zeufack