Vassar College Digital Library

Vassar Scholarship

Vassar Scholarship, the institutional repository formerly known as Digital Window, reflects the research and scholarly output of the Vassar College community.  It provides access to a variety of collections, including senior theses and projects across a wide range of disciplines.

Mixture models and convergence clubs

Publication Date
2008-January-01
Document Type
Department or Program
Document Type
Abstract

In this paper we argue that modeling the cross-country distribution of per capita income as a mixture distribution provides a natural framework for the detection of convergence clubs. The framework yields tests for the number of component distributions that are...

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The political economy of conditionality: an empirical analysis of World Bank Enforcement

Publication Date
2008-January-01
Document Type
Department or Program
Document Type
Abstract

Traditional aid conditionality has been attacked as ineffective in part because aid agencies - notably the World Bank - often fail to enforce conditions. This pattern undermines the credibility of conditionality, weakening incentives to implement policy reforms. The standard critique...

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