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Evolution of Production Specialization and Factor Accumulation in Sub‐Saharan and North Africa

open access: yesReview of Development Economics, Volume 30, Issue 1, Page 518-548, February 2026.
ABSTRACT Despite trade liberalization and regional economic integration policies, the level of trade and specialization in Africa is stagnating. This long‐term observation contrasts with recent developments in Africa since the 2000s. This study aims to assess how changes in factor endowments affect the specialization pattern of production, exploring ...
Rimvie Enoc Kaboré
wiley   +1 more source

How Inheritance Expectations Impact Household Savings

open access: yesReview of Income and Wealth, Volume 72, Issue 1, February 2026.
ABSTRACT This article examines how expecting to receive an inheritance impacts household savings. Life‐cycle consumption models indicate that the expectation of inheriting should reduce current savings for forward‐thinking consumers. We investigate this economic prediction, considering factors such as liquidity constraints and education.
Ignacio Belloc, José Alberto Molina
wiley   +1 more source

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