Documents et rapports
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Industrial policies vs public goods under asymmetric information (anglais)
This paper presents an analytical framework that captures the informational problems and trade-offs that policy makers face when choosing between public goods (for example, infrastructure) and industrial...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS8052 Date du document: 4 mai 2017 Mode de publication: Disclosed Auteur: Hevia,Constantino,Loayza,Norman V.,Meza Cuadra Balcazar,Claudia Maria
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Assessing the degree of international consumption risk sharing (anglais)
This paper examines the extent of consumption risk sharing for a group of 50 high-income and developing countries. The analysis is based on the empirical implementation of a model of partial consumption...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS7867 Date du document: 19 octobre 2016 Mode de publication: Disclosed Auteur: Hevia,Constantino,Serven,Luis
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Partial consumption insurance and financial openness across the world (anglais)
This paper examines the extent of international consumption risk sharing for a group of 50 industrial and developing countries. The analysis is based on the empirical implementation of a model of partial...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS6479 Date du document: 1 juin 2013 Mode de publication: Disclosed Auteur: Hevia,Constantino,Serven,Luis
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Saving and growth in Sri Lanka (anglais)
In the aftermath of its long-standing civil war, Sri Lanka is keen to reap the social and economic benefits of peace. Even in the middle of civil conflict, the country was able to grow at rates that surpassed...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS6300 Date du document: 1 janvier 2013 Mode de publication: Disclosed Auteur: Hevia,Constantino,Loayza,Norman V.
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How resilient and countercyclical were emerging economies to the global financial crisis? (anglais)
During the crises of the 1990s, emerging economies usually lacked the policy tools to deal with external shocks that were available to advanced economies. Worldwide turbulent episodes found most emerging...
Type de document: Article de revue Numéro du rapport: 83337 Date du document: 1 décembre 2012 Mode de publication: Disclosed Auteur: Didier Brandao,Tatiana,Hevia,Constantino,Schmukler,Sergio L.
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Using pooled information and bootstrap methods to assess debt sustainability in low income countries (anglais)
Conventional assessments of debt sustainability in low income countries are hampered by poor data and weaknesses in methodology. In particular, the standard International Monetary Fund-World bank debt...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS5978 Date du document: 1 février 2012 Mode de publication: Disclosed Auteur: Hevia,Constantino
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How resilient and countercyclical were emerging economies to the global financial crisis ? (anglais)
During the crises of the 1990s, emerging economies usually lacked the policy tools to deal with external shocks that were available to advanced economies. Worldwide turbulent episodes found most emerging...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS5637 Date du document: 1 avril 2011 Mode de publication: Disclosed Auteur: Didier Brandao,Tatiana,Hevia,Constantino,Schmukler,Sergio L.
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Saving and growth in Egypt (anglais)
This study illustrates the mechanisms linking national saving and economic growth, with the purpose of understanding the possibilities and limits of a saving-based growth agenda in the context of the Egyptian...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS5529 Date du document: 1 janvier 2011 Mode de publication: Disclosed Auteur: Hevia,Constantino,Loayza,Norman V.
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Privatization and nationalization cycles (anglais)
This paper studies the cycles of nationalization and privatization in resource-rich economies as a prime instance of unstable institutional reform. The authors discuss the available evidence on the drivers...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS5029 Date du document: 1 août 2009 Mode de publication: Disclosed Auteur: Chang, Roberto,Hevia,Constantino,Loayza,Norman V.
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Optimal devaluations (anglais)
According to the conventional wisdom, when an economy enters a recession and nominal prices adjust slowly, the monetary authority should devalue the domestic currency to make the recession less severe...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS4926 Date du document: 1 mai 2009 Mode de publication: Disclosed Auteur: Hevia,Constantino,Nicolini,Juan Pablo
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Emerging market fluctuations : what makes the difference ? (anglais)
Aggregate fluctuations in emerging countries are quantitatively larger and qualitatively different in key respects from those in developed countries. Using data from Mexico and Canada, this paper decomposes...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS4897 Date du document: 1 avril 2009 Mode de publication: Disclosed Auteur: Hevia,Constantino