Documents et rapports
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How commodity prices respond to macroeconomic news (anglais)
This paper analyzes the immediate, delayed and group responses of 20 commodity prices in four commodity groups (foods and livestock, crops, energy and metals) to macroeconomic "news" (unexpected announcements)...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS354 Date du document: 28 février 1990 Auteur: Ghura,Dhaneshwar
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A survey of recent estimates of price elasticities of demand for transport (anglais)
This paper reviews 70 estimates of the price elasticity of demand for many different transport modes and market situations. The paper presents figures separately for passenger and freight transport and...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS359 Date du document: 31 janvier 1990 Auteur: Tae H. Oum,Waters, W.G.,Jong Say Yong
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Making noisy data sing : a micro approach to measuring industrial efficiency (anglais)
Technical, scale and allocative inefficiency are widely believed to plague the industrial sectors of developing countries. This paper presents a way to measure this inefficiency with imperfect data. There...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS327 Date du document: 31 janvier 1990 Auteur: Tybout,James R.
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Do exporters gain from voluntary export restraints? (anglais)
Most literature suggests that voluntary export restraints (VER) are not very harmful for the exporting country. This paper argues that this view is misconceived. Most work has focused on the welfare loss...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS326 Date du document: 31 janvier 1990 Auteur: de Melo, Jaime,Winters, L. Alan
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Prudential regulation and banking supervision : building an institutional framework for Banks (anglais)
Economic deregulation and financial liberalization are important for a country to develop a viable and robust financial system. But deregulation will remove the protections previously afforded the banking...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS340 Date du document: 31 janvier 1990 Auteur: Polizatto,Vincent P.
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How industry - labor relations and government policies affect Senegal's economic performance (anglais)
Senegal is in a long-term economic crisis. Senegalese industry suffers from a highly adversarial system of industrial and labor relations, excessive government regulations in some areas and inadequate...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS271 Date du document: 31 janvier 1990 Auteur: Terrell, Katherine,Svejnar, Jan
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An option - pricing approach to secondary market debt : applied to Mexico (anglais)
This paper presents a pricing model for secondary market debt designed to assess the market value of various forms of guarantees and the impact of debt reduction on the value of remaining claims. The model...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS333 Date du document: 31 janvier 1990 Auteur: Claessens,Constantijn A.,van Wijnbergen, Sweder
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Notes on patents, distortions, and development (anglais)
The idea behind patent policies is to increase the output of commercially useful innovations by creating a transitory propertyy right that allows the inventor to appropriate part of the returns from his...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS315 Date du document: 31 janvier 1990 Mode de publication: Disclosed Auteur: Nogues,Julio
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Earmarking government revenues : does it work ? (anglais)
Earmarking is the practice of assigning revenues from specific taxes or groups of taxes to specific government activities or to broader areas of government activity. As such, it contrasts with general...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS322 Date du document: 31 décembre 1989 Auteur: Mccleary,William A.
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How the 1981-83 Chilean banking crisis was handled (anglais)
The banking crisis in Chile in 1981-83 was widespread - representing about 60 percent of the banking system's total portfolio. The crisis arose because of macroeconomic problems and was exacerbated by...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS300 Date du document: 31 décembre 1989 Mode de publication: Disclosed Auteur: Larrain,Mauricio
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Evaluating global macroeconomic models : a case study of MULTIMOD (anglais)
This paper is a contribution to the understanding of global interconnections through the evaluation and validation of the capabilities and properties of MULTIMOD, a multiregional macroeconomic model, developed...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS298 Date du document: 31 décembre 1989 Auteur: Jamshidi,Ahmad
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The new political economy : positive economics and negative politics (anglais)
This paper discusses the theory that less politics makes better economics. It argues that this perspective on politics misrepresents the dynamics of policymaking in developing countries and is seriously...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS304 Date du document: 31 décembre 1989 Mode de publication: Disclosed Auteur: Grindle,Merilee S.
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Projecting mortality for all countries (anglais)
This report is an attempt to develop a method for projecting mortality trends in all countries into the future, both over the short term (for one or two decades) and over the long term (for one or two...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS337 Date du document: 31 décembre 1989 Auteur: Bulatao, Rodolfo A.,Bos, Eduard,Stephens, Patien
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Macroeconomic adjustment and the labor market in four Latin American countries (anglais)
Implicit in standard macroeconomics of adjustment is the assumption of well-integrated labor markets that are responsive to relative prices. But segmentation of the labor market is usually said to be an...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS335 Date du document: 31 décembre 1989 Auteur: Lopez,Ramon E.,Riveros,Luis Alfredo
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Would general trade liberalization in developing countries expand South-South trade? (anglais)
For most developing countries, the proportion of exports going to other developing countries has steadily increased since the early 1970's. Until that time, most of the developing countries with an outward-looking...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS319 Date du document: 31 décembre 1989 Auteur: Erzan,Refik
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Sovereign debt buybacks as a signal of creditworthiness (anglais)
To solve the puzzle of attitudes toward debt buybacks, the authors use a model that combines considerations of debt overhang with the possibility of asymmetrical information between debtor countries and...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS318 Date du document: 31 décembre 1989 Auteur: Acharya, Sankarshan,Diwan,Ishac
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Manufacturers' responses to infrastructure deficiencies in Nigeria : private alternatives and policy options (anglais)
As cities in developing countries grow, the need to meet increasing demand for urban infrastructure services has become an important policy problem. Failure to respond adequately affects productivity and...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS325 Date du document: 31 décembre 1989 Auteur: Kyu Sik Lee,Anas, Alex
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The macroeconomics of populism in Latin America (anglais)
By populism, this paper refers to an economic approach that emphasizes growth and income redistribution and deemphasizes the risks of inflation and deficit finance, external constraints and the reaction...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS316 Date du document: 31 décembre 1989 Auteur: Dornbusch, Rudiger,Edwards, Sebastian
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Experiences of financial distress in Thailand (anglais)
Between 1983 and 1984, 15 Thai finance companies went under, and many others were distressed. Authorities were faced with the choice of rescuing the troubled institutions or closing them down. Closing...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS283 Date du document: 31 décembre 1989 Auteur: Sundaravej, Tipsuda,Trairatvorakul, Prasarn
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Policy distortions, size of government, and growth (anglais)
This paper analyzes the structural relationship between policies that distort resource allocation and long-term growth. It briefly reviews the Solow model in which steady-state growth depends only on exogenous...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS344 Date du document: 31 décembre 1989 Auteur: Easterly,William R.