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Abstract We empirically examine Friedman's hypothesis that floating exchange rates facilitate current account adjustments. The main innovation in the empirical analysis is to control for the sample selection bias. We provide robust evidence that current account persistence decreases with the flexibility of nominal exchange rate regimes and is significantly higher under hard pegs than under floating for industrial countries.
This study investigates the extent to which Sierra Leone’s FHCI increased access to health care services and reduced financial risks associated with seeking health care among beneficiaries of the policy. Our results suggest that children under the age of 5 years (eligible children), are less likely to pay consultation and prescription charges in public health facilities where the FHCI applies.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
