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  • Do Poor Countries Really Need More IT? (anglais)

    Productivity differences across countries are often attributed to differences in technological capabilities. This paper asks whether there are systematic cross-country differences in the adoption of information...

    Type de document: Article de revue Numéro du rapport: 160945 Date du document: 1 février 2020 Mode de publication: Disclosed Auteur: Eden,Maya,Gaggl, Paul

  • Is there enough redistribution ? (anglais)

    This paper asks whether there are welfare gains from additional redistribution. First, it derives a sufficient condition for the existence of welfare gains from a small increase in lump-sum transfers financed...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS8003 Date du document: 13 mars 2017 Mode de publication: Disclosed Auteur: Eden,Maya

  • The week (anglais)

    Is a five-day workweek followed by a two-day weekend a socially optimal schedule? This paper presents a model in which labor productivity and the marginal utility of leisure evolve endogenously over the...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS7598 Date du document: 14 mars 2016 Mode de publication: Disclosed Auteur: Eden,Maya

  • The welfare cost of inflation and the regulations of money substitutes (anglais)

    This paper studies the possibility of using financial regulation that prohibits the use of money substitutes as a tool for mitigating the adverse effects of deviations from the Friedman rule. When inflation...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS7553 Date du document: 2 février 2016 Mode de publication: Disclosed Auteur: Eden,Benjamin,Eden,Maya

  • On the welfare implications of automation (anglais)

    This paper establishes that the rise in the income share of information and communication technology accounts for half of the decline in labor income share in the United States. This decline can be decomposed...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS7487 Date du document: 12 novembre 2015 Mode de publication: Disclosed Auteur: Eden,Maya,Gaggl,Paul

  • Transitioning from low-income growth to high-income growth : is there a middle income trap ? (anglais)

    Is there a "middle income trap"? Theory suggests that the determinants of growth at low and high income levels may be different. If countries struggle to transition from growth strategies that are effective...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS7104 Date du document: 1 novembre 2014 Mode de publication: Disclosed Auteur: Bulman,David Janoff,Eden,Maya,Nguyen, Ha

  • Inflation and indivisible investment in developing economies (anglais)

    In countries with limited access to finance, firms accumulate retained earnings to finance indivisible investment projects. McKinnon (1973) illustrates that when cash is used as a primary store of value...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS6972 Date du document: 1 juillet 2014 Mode de publication: Disclosed Auteur: Eden,Maya,Nguyen, Ha

  • "Crowding in" and the returns to government investment in low-income countries (anglais)

    This paper estimates the effect of government investment on private investment in a sample of 39 low-income countries. Fluctuations in a predetermined component of disbursements on loans from official...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS6781 Date du document: 1 février 2014 Mode de publication: Disclosed Auteur: Eden,Maya,Kraay,Aart C.

  • International liquidity rents (anglais)

    This paper presents a model of global liquidity shortages. Liquid claims are enforceable promises that play a transaction role. Since developed economies have a comparative advantage in creating liquidity...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS6462 Date du document: 1 mai 2013 Mode de publication: Disclosed Auteur: Eden,Maya

  • Sovereign defaults and expropriations : empirical regularities (anglais)

    This paper uses a large cross-country dataset to empirically examine factors associated with sovereign defaults on external private creditors and expropriation of foreign direct investments in developing...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS6218 Date du document: 1 octobre 2012 Mode de publication: Disclosed Auteur: Eden,Maya,Kraay,Aart C.,Qian,Rong

  • Correcting real exchange rate misalignment : conceptual and practical issues (anglais)

    This paper studies the issue of real exchange rate misalignment and the difficulties in settling international real exchange rate disputes. The authors show theoretically that determining when a country...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS6045 Date du document: 1 avril 2012 Mode de publication: Disclosed Auteur: Eden,Maya,Nguyen,Ha Minh

  • Financial distortions and the distribution of global volatility (anglais)

    Why are emerging economies excessively vulnerable to shocks to external funding? What was the role of financial flows from emerging to developed economies in setting the stage for the subprime crisis?...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS5929 Date du document: 1 janvier 2012 Mode de publication: Disclosed Auteur: Eden,Maya