Documents et rapports
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Revisiting Public Investment Multipliers : Nonlinear Effects of the Business Cycle, Fiscal Space, Efficiency, and Capital Stock (anglais)
The paper examines the macroeconomic effects of public investment in emerging market and developing economies. To this end, the analysis develops a new measure of public investment shocks based on cyclically...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS10954 Date du document: 22 octobre 2024 Mode de publication: Disclosed Auteur: Amat Adarov,Clements,Benedict,Jalles,João Tovar
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Public Investment Quality and Its Implications for Sovereign Risk and Debt Sustainability (anglais)
This paper introduces a novel index to measure public investment quality, utilizing the World Bank’s investment project performance data from 120 countries over 2000–21. After detailing the construction...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS10877 Date du document: 21 août 2024 Mode de publication: Disclosed Auteur: Amat Adarov,Panizza,Ugo