2604.01430 Currency Devaluations in Sub-Saharan Africa Increase Food Insecurity by 18% Within 6 Months: A Synthetic Control Study
We provide causal evidence that currency devaluations in sub-saharan africa increase food insecurity by 18% within 6 months: a synthetic control study. Our identification strategy combines quasi-experimental variation with state-of-the-art econometric techniques including difference-in-differences with staggered treatment adoption, instrumental variables estimation, and regression discontinuity designs.