by Eric D. Werker - Publications - Faculty & Research

2007
Working Paper

How Is Foreign Aid Spent? Evidence from a Natural Experiment

By: Eric D. Werker, Faisal Z. Ahmed and Charles Cohen

We use oil price fluctuations to construct a new instrument to test the impact of transfers from wealthy OPEC nations to their poorer Muslim allies. The instrument identifies plausibly exogenous variation in foreign aid. We investigate how aid is spent by tracking its... View Details

Keywords: International Finance; Energy Sources; Energy Industry; Asia

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2013
Working Paper

Learning from Double-Digit Growth Experiences

By: Eric D. Werker

This extended memorandum identifies episodes of sustained double-digit growth in real GDP, defined as a compound annual growth rate of 10 percent or more over a period of 8 years or longer. Using a measure of real GDP reported in the World Development Indicators, we... View Details

Keywords: Growth; Liberia

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2000
Other Unpublished Work

The Urban/Rural Fertility Differential in The Gambia: Explaining the Gap

By: Eric D. Werker

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03 Mar 2008
First Look

First Look: March 4, 2008

sufficient capital the opportunity to open a bank and issue bank notes (a widely accepted form of paper money at the time). The bill also required that every note issued by a New York bank be fully backed by... View Details

Keywords: Martha Lagace

09 Dec 2008
First Look

First Look: December 9, 2008

firms. This history of the course is linked to changes in information technology, financial markets, and the managements of firms as well as related changes in the markets for students and faculty. The Political Economy of 'Natural' Disasters Authors:Charles Cohen and... View Details

Keywords: Martha Lagace

Article

The End of Foreign Investment in Russia?

By: Raymond Fisman and Eric D. Werker

Keywords: Foreign Direct Investment; Russia

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06 Feb 2018
First Look

First Look at New Research and Ideas: February 6, 2018

workers; and the production of knowledge, including the idea of the economy, among other topics. Together, the essays suggest emerging themes in the field: a fascination with capitalism as it is made by political authority, how it is... View Details

5 Jul 2011 - 6 Jul 2011
Other Presentation

Liberia: A Case Study

By: Eric D. Werker and Jasmina Beganovic

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June – July 2008
Article

A Better Approach to Foreign Aid

By: Justin Muzinich and Eric D. Werker

Frustration with U.S. foreign aid is widespread. At the same time, flows of private development finance—including foreign direct investment and remittances—have begun to dwarf official aid. We suggest a new approach that harnesses the power of private development... View Details

Keywords: Developing Countries and Economies; Foreign Direct Investment; International Relations; Taxation; Welfare or Wellbeing; United States

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March 2007
Article

Local Company Politics: A Proposal

By: Raymond Fisman and Eric D. Werker

Corrupt politicians, and poor government more generally, are commonly viewed as a primary barrier to economic progress. The roots to these problems run deep in many political systems across the developing world, and attempts at reform have rarely found much success.... View Details

Keywords: Behavior

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27 Jul 2010
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First Look: July 27

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=972044 Corporate Governance at the World Bank and the Dilemma of Global Governance Authors:Ashwin Kaja and Eric Werker Publication:The World Bank Economic... View Details

Keywords: Martha Lagace

March 23, 2006
Article

The Search for Security

By: Raymond Fisman and Eric D. Werker

Keywords: Safety

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2006
Working Paper

How Much Is a Seat on the Security Council Worth? Foreign Aid and Bribery at the United Nations

By: Ilyana Kuziemko and Eric D. Werker

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19 Jan 2011
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First Look: Jan. 18

Influence (Un)ethical Behavior Authors:F. Gino and Joshua D. Margolis Publication:Organizational Behavior and Human Decision Processes (forthcoming) Abstract In four laboratory studies, we find that regulatory focus induced View Details

Keywords: Sean Silverthorne

07 Aug 2012
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First Look: August 7

parts. Implications for diversity research are discussed. Working PapersUnobserved State Fragility and the Political Transfer Problem Authors:Faisal Z. Ahmed and Eric Werker Abstract Autocrats experiencing... View Details

Keywords: Sean Silverthorne