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Young Adults and Labor Markets in Africa

[Symposium: Economies of Africa]

By Oriana Bandiera, Ahmed Elsayed, Andrea Smurra and Céline Zipfel

Journal of Economic Perspectives, Winter 2022

Every year, millions of young adults join the labor market in Africa. This paper harmonizes surveys and censuses from 68 low- and middle-income countries to compare their job prospects to those of their counterparts in other low-income regions. We show th...

Policy Watch: Debt Relief

By Serkan Arslanalp and Peter Blair Henry

Journal of Economic Perspectives, Winter 2006

At the Gleneagles summit in July 2005, the heads of state from the G-8 countries—the United States, Canada, France, Germany, Italy, Japan, Russia and the United Kingdom—called on the International Monetary Fund (IMF), the World Bank and the African De...

A Nation of Laws, and Race Laws

By Nina Banks and Warren C. Whatley

Journal of Economic Literature, June 2022

This article reviews the history of race laws in the United States as distinct from the rule of law, an idea found in the writing and speeches of Sadie Tanner Mossell Alexander, the first African American PhD in economics (1921). We review the race laws o...

The Old-Age Security Motive for Fertility: Evidence from the Extension of Social Pensions in Namibia

By Pauline Rossi and Mathilde Godard

American Economic Journal: Economic Policy, November 2022

The old-age security motive for fertility postulates that people's needs for old-age support raise the demand for children. We exploit the extension of social pensions in Namibia during the 1990s to provide a quasi-experimental quantification of this wide...