Jun 2019
Author(s): Asher, Sam; Chauvin, Juan Pablo; Novosad, Paul
As cities in developing countries continue to grow rapidly, there is little empirical evidence about how this affects growth in surrounding rural economies. We study the effects of shocks to labor…
Nov 2017
Author(s): Sosa, Mariano; Powell, Andrew
The July 2017 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth rate expected for 2017 for the eight countries covered by…
Nov 2017
Author(s): Pavel Vidal, Alejandro
En el presente estudio se realizan mediciones, a la tasa PPA, del PIB total y per cápita y la productividad de la economía cubana, y se comparan con 10 economías de similar tamaño en América Latina y…
Sep 2017
Author(s): Fernandez, Andres; Imrohoroglu, Ayse; Tamayo, Cesar
Latin American countries have long exhibited low levels of saving rates when compared to other countries in relatively similar stages of economic development (e.g., Asian economies). Motivated by…
Jun 2017
Author(s): Sosa, Mariano; Powell, Andrew
The February 2017 surveys of expectations conducted by Central Banks in the region, simple average growth expectations for2017 for the eight countries covered by Revela fell by 0.1% from 2.4% to 2.3…
Dec 2016
Author(s): Sosa, Mariano; Powell, Andrew
The October 2016 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth rate expected for 2016 for the eight countries covered by…
Dec 2016
Author(s): Sosa, Mariano; Powell, Andrew
The September 2016 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth rate expected for 2016 for the eight countries covered…
Nov 2016
Author(s): Sosa, Mariano; Powell, Andrew
The August 2016 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth rate expected for 2016 for the eight countries covered by…
Oct 2016
Author(s): Sosa, Mariano; Powell, Andrew
The July 2016 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth rate expected for 2016 for the eight countries covered by…
Sep 2016
Author(s): Castillo, Marola A.
This manual explains in detail the external sustainability assessment approach following Castillo (2016), given by the stock-flow relationship among net external positions, non-income current account…
Sep 2016
Author(s): Castillo, Marola A.
This paper explains in detail the external sustainability assessment approach given by the stock-flow relationship between the net external positions, non-income current account plus net capital…
Aug 2016
Author(s): Sosa, Mariano; Powell, Andrew
The June 2016 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth rate expected for 2016 for the eight countries covered by…
Aug 2016
Author(s): Cavallo, Eduardo A.; Eichengreen, Barry; Panizza, Ugo
A surprisingly large number of countries have been able to finance a significant fraction of domestic investment using foreign finance for extended periods. While many of these episodes are in low-…
Aug 2016
Author(s): Caballero, Julián; Fernandez, Andres; Park, Jongho
This paper studies the influence of external financial factors on economic activity in emerging economies (EMEs) motivated by a considerable increase in foreign financing by the corporate sector in…
Aug 2016
Author(s): Sosa, Mariano; Powell, Andrew
The May 2016 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that simple average growth expectations for 2016 for the eight countries covered by REVELA…
Jun 2016
Author(s): Sosa, Mariano; Powell, Andrew
The April 2016 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that simple average growth expectations for 2016 for the eight countries covered by REVELA…
May 2016
Author(s): Sosa, Mariano; Powell, Andrew
According to the surveys conducted by Central Banks in the region, 2016 growth expectations fell by 0.1% in March compared to the previous month and inflation expectations rose by 0.1%. At the…
Apr 2016
Author(s): Busso, Matías; Fernandez, Andres; Tamayo, Cesar
This technical note considers whether low savings in Latin America and the Caribbean may result from low productivity rather than vice versa. Economies with low TFP growth tend to be economies in…
Apr 2016
Author(s): Cavallo, Eduardo A.; Sánchez, Gabriel; Valenzuela, Patricio
This study explores the relationship between demographic factors and saving rates using a panel dataset covering 110 countries between 1963 and 2012. In line with predictions from theory, this paper…
Apr 2016
Author(s): Sosa, Mariano; Powell, Andrew
According to the surveys conducted by Central Banks in the region, 2016 growth expectations decreased by 0.1% and inflation expectations increased by 0.2% in February. At the individual country level…