The Financial Channel of Tax Amnesty Policies (Discussion Paper)
Sep 2025
Author(s): Bernini, Federico;Donaldson, Paula;García-Lembergman, Ezequiel;Juarez, Leticia
In the past two decades, more than 30 countries have implemented tax amnesty policies to encourage the declaration and repatriation of hidden assets, with the goal of increasing government tax…
Connectivity and Misallocation in Multi-unit Firms
Sep 2025 Generative AI enabled
Author(s): Chauvin, Jasmina;Chauvin, Juan Pablo;Chaves, Giovanna
We study the causal effect of reducing distance-related frictions with headquarters on branch outcomes in multi-unit firms in Brazil. Exploiting the introduction of new airline routes, we compare…
Labor Income Tax Progressivity with a Large Informal Sector (Discussion Paper)
Sep 2025
Author(s): Ayres, João;Pedroni, Marcelo;Rossi, José Luiz
We study labor income tax progressivity in an economy with a large informal sector. When the cost of informality rises with productivity, greater progressivity can simultaneously reduce inequality…
The Transmission of International Monetary Policy Shocks to Firms’ Expectations
Sep 2025 Generative AI enabled
Author(s): Frache, Serafin;Lluberas, Rodrigo ;Pedemonte, Mathieu;Turén, Javier
Motivated by the dominant role of the US dollar, we explore how monetary policy (MP) shocks in the United States can affect a small open economy through the expectation channel. We combine data from…
Review of Methods and Software Tools for Disaster Risk Assessment
Sep 2025
Author(s): Rogelis, María Carolina;Abarca, Andrés;Escovar, María Alejandra;Suarez, Ginés
This document presents a technical review of tools and methodologies for disaster risk assessment, with an emphasis on multi-hazard platforms. It analyzes mathematical models, artificial…
Research Insights: Can Private Firms in Brazil Meet Universal Water and Sewer Connection Targets?
Sep 2025
Author(s): Tojal Ramos Dos Santos, Carolina;Morais Guidetti, Bruna
Infrastructure expansion alone cannot achieve Brazils 2020 New Sanitation Regulatory Framework universal water and sewer connections targets, as a substantial share of the population chooses to…
Agricultural Productivity in Latin America and the Caribbean (1961-2021): Subregional and National Analysis
Sep 2025 Generative AI enabled
Author(s): Salazar, Lina;Tadeo Ruesta, Diana Victoria;Alvarez, Luis;Bernal Hernandez, Sebastian ;Martel, Pedro
The agricultural sector is a key driver of economic growth, environmental sustainability, and food security in Latin America and the Caribbean (LAC). Therefore, it is essential to understand the…
The Evolution of Gender Economic Gaps and the Role of Care in Mexico 2010-2023: What's Next?
Sep 2025
Author(s): Acevedo, Ivonne;Andrade Baena, Gina Laura;Székely, Miguel;Castillo, Cristián
Women remain underrepresented in the global labor market, and no country has yet achieved gender equality in the workplace. This article analyzes gender gaps in Mexicos labor market between 2010 and…
Beyond Cash: The Digital Payments Revolution in Latin America and the Caribbean
Sep 2025
Author(s): Azevedo, Viviane;Garbay Flores, Sergio Andres;Vera-Cossio, Diego A.;Vlaicu, Razvan;Zárate Moreno, Ana María
This report explores the rapid and transformative shift from cash-based to digital payment systems across Latin America and the Caribbean. The report documents diverse national experiences,…
Trade and Industrial Policy in Supply Chains: Directed Technological Change in Rare Earths (Discussion Paper)
Sep 2025
Author(s): Alfaro, Laura;Fadinger, Harald;Schymik, Jan S;Virananda, Gede
Trade and industrial policies, while primarily intended to support domestic industries, may unintentionally stimulate technological progress abroad. We document this mechanism in the case of rare…
Securing Internet of Medical Things (loMT) Components
Sep 2025
Author(s): Israel National Cyber Directorate (INCD)
The purpose of this publication is to help organizations in the health sector reduce the attack surface by carrying out actions and controls to harden medical equipment based on the Internet of…
Social Pensions and Intimate Partner Violence against Older Women
Sep 2025 Generative AI enabled
Author(s): Bellés-Obrero, Cristina;La Mattina, Giulia;Ye, Han
The prevalence and determinants of intimate partner violence (IPV) among older women are severely understudied. This paper documents that the incidence of IPV remains high at old ages and provides…
2024 Joint Summary on Multilateral Development Banks Climate Finance
Sep 2025
Author(s): African Development Bank;Asian Development Bank;Asian Infrastructure Investment Bank;Council of Europe Development Bank;European Bank for Reconstruction and Development;European Investment Bank;Inter-American Development Bank;IDB Invest;Islamic Development Bank;New Development Bank;World Bank
This year, the multilateral development banks (MDBs) are advancing a digitalization project aimed at improving transparency and making their joint climate finance data more accessible and user-…
Helping Governments to Make Fiscal Policy More Equitable with LAPEF
Sep 2025
Author(s): Astudillo, Karen;Pessino, Carola
The Laboratory of Policies for Fiscal Equity (LAPEF) aims to help Latin American and Caribbean governments design and implement more equitable fiscal policies. Traditionally focused on efficiency and…
Non-Linear Effects of Air Pollution on Health Outcomes: Evidence from Mexico City (Discussion Paper)
Sep 2025
Author(s): Hoffmann, Bridget;Rud, Juan Pablo;Suárez, Nicolás
This paper uses high-frequency data on fine particulate matter air pollution (PM 2.5) to study the effects of high pollution on health outcomes in Mexico City. We combine hourly monitoring station…
Racial Concordance and Childbirth: A Deep Dive into Medical Delivery Practices
Sep 2025 Generative AI enabled
Author(s): Carrillo, Bladimir;Branco, Danyelle;Ratcher, Laísa;Nunes, Leticia;Fontes, Luiz Felipe;Parfitt, Rafaela;Bauhoff, Sebastian;Duryea, Suzanne
This paper examines the impact of racial concordance between mothers and healthcare providers on childbirth practices and health outcomes in Brazilian public hospitals. Using a novel dataset linking…
Determinants of the Willingness to Use Microtransit Services: Case Studies from Mexico and Colombia
Aug 2025 Generative AI enabled
Author(s): Scholl, Lynn;Arellana, Julián;Cantillo, Víctor;Ojeda-Diaz, Alfredo J.;Oviedo, Daniel;Sabogal-Cardona, Orlando
Microtransit, or app-based collective transport, is a passenger transport service typically offered in medium-capacity vehicles using mobile phone apps. This service provides the advantages of public…
Research Insights: Do Consumers Respond to the Average or Marginal Price of Their Water Bills?
Aug 2025
Author(s): Tojal Ramos Dos Santos, Carolina;Morais Guidetti, Bruna
Consumers do not adjust their water usage to stay just under the limits where the marginal price goes up in their water bills, suggesting they are not actively watching those thresholds to save money…
Amazonias Border Regions. Pathways to Sustainable Productive Development
Aug 2025 Generative AI enabled
Author(s): García Sánchez, Vanesa;Duran-Fernandez, Roberto
This study presents a productive development strategy for Amazonia's border regions, areas of strategic importance for Latin America and the Caribbean due to their environmental, cultural, and…
The Potential Distributive Impact of AI-driven Labor Changes in Latin America
Aug 2025 Generative AI enabled
Author(s): Ciaschi, Matias;Falcone, Guillermo;Garganta, Santiago;Gasparini, Leonardo;Bertín, Octavio;Ramírez-Leira, Lucía
This paper investigates the potential distributional consequences of artificial intelligence (AI) adoption in Latin American labor markets. Using harmonized household survey data from 14 countries,…