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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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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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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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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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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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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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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How private investment reacts to changing macroeconomic conditions : the case of Chile in the 1980s (anglais)
This paper simulates a model of joint determination of private investment spending, aggregate investment profitability and the level of GDP for Chile. It addresses the following issues: (a) sharp cycles...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS212 Date du document: 31 décembre 1989 Auteur: Solimano,Andres R.
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Cost of living differences between urban and rural areas in Indonesia (anglais)
It is commonly assumed that the cost of living is much higher in cities than in the country because housing rents are higher in urban areas and food staples cost more. This assumption has important implications...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS341 Date du document: 31 décembre 1989 Auteur: Ravallion, Martin,van de Walle, Dominique
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Housing finance in developing countries : a transaction cost approach (anglais)
In most developing countries, relatively little mortgage credit is supplied voluntarily, mainly because of the high transaction costs associated with enforcing contracts. In most countries, the supply...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS347 Date du document: 31 décembre 1989 Auteur: Buckley,Robert M.
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Ethical approaches to family planning in Africa (anglais)
Africa has historically provided the geographical flashpoint of ethical issues relating to family planning programs. Until recently in Sub-Saharan Africa, advocacy of family planning by non-Africans was...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS324 Date du document: 31 décembre 1989 Auteur: Sai, F. T.,Newman, K.
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Economic and policy determinants of public sector deficits (anglais)
The purpose of this paper is to derive a framework for quantifying the contribution of the most important economic and policy variables to the public sector deficit. The method involves behavioral relations...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS321 Date du document: 31 décembre 1989 Auteur: Marshall, Jorge,Schmidt-Hebbel,Klaus
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Recent trends and prospects for agricultural commodity exports in sub-Saharan Africa (anglais)
Sub - Sahran African (SSA) countries have seen sharp declines in their shares of agricultural export markets. But their export dependence on the most important crops - coffee and cocoa - has increased...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS348 Date du document: 31 décembre 1989 Auteur: Akiyama,Takamasa,Larson,Donald F.
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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.