Jul 2017
Author(s): Tamayo, Cesar
In this paper we study firm dynamics and industry equilibrium when firms under financial distress face a non-trivial choice between alternative bankruptcy procedures. Given limited commitment and…
Mar 2017
Author(s): Rozenberg, Julie; Vogt-Schilb, Adrien; Hallegatte, Stephane
To mitigate climate change, some governments opt for instruments focused on investment, like performance standards or feebates, instead of carbon prices. We compare these policies in a Ramsey model…
Nov 2016
Author(s): Espinasa, Ramón; Bonzi Teixeira, Augusto; Anaya, Fernando
This Energy Dossier is part of a series of publications produced by the Energy Division of the Infrastructure and Energy Department of the Inter-American Development Bank. It is designed to increase…