Measuring attitudes towards African-Americans using machine learning and textual data

Identifying determinants of cultural distance to overcome barriers The challenge Cultural distance between groups has important economic consequences. Ethno-linguistic fragmentation, for example, has been shown to reduce the provision of public goods, reduce social capital formation and increase the likelihood of conflict. This could ultimately reduce the gains to ethnic minorities of ‘moving to opportunity’…

Foreign aid through domestic tax reforms?

Evidence from multinational firm presence in developing countries The challenge Multinational firms account for a significant part of resource allocation in the global economy. This is a particularly important issue in developing countries. Multinational firm investment in developing countries can often be associated with growth, however, these firms are often accused of exploiting local markets…

Institutional independence and social media

Providing real-time, market-based evidence on threats to institutional independence With the rise of political polarisation and populism in recent election cycles, attacks on national and international independent institutions (Centers for Disease Control and the World Health Organisation) have increased. Analysing market-implied expectations around attacks by political leaders allows assessment of the credibility and severity of…

Education for all, occupational choice and business formation in Africa

Examining the success of school expenditure in terms of economic payoff Africa has witnessed an unprecedented increase in access to education in the past decades. Nonetheless, manufacturing employment is tiny, innovation is weak and many large corporations ‘complain’ that there is a skill shortage. Thanks to large-scale school construction throughout the continent, many more children…

Increasing the follow-up rate of patients requiring emergency high-consequence treatment

Improving poorer populations’ chances of getting necessary care The challenge A low attendance rate for urgent, high-consequence treatment is prevalent in the developing world. In poorer countries, ignorance about the illnesses people have, allied to the financial costs of attending for treatment, are two of the main reasons why they fail to show up for…

Indirect marketing through adoption of home solar systems in East Africa

Evaluating a private-sector initiative to increase technology adoption Of the 14% of the world’s population that live without access to modern electricity, 95% live in sub-Saharan Africa and Asia. Studies have shown that clean-energy technologies such as solar-powered lighting and cook stoves can increase income and save household energy costs in emerging markets. Rooftop solar-technology…

Refugees of the Mediterranean

The political economy of displacement and refugee flows Large-scale population movements disrupt the economies and social fabrics of many countries. Understanding how substantial populations of involuntarily displaced individuals fare economically and how host communities are affected is crucial. This research explores the developmental impacts of refugee flows and the effect on host communities, and whether…