Dec 2012
Author(s): Benigno, Gianluca; Chen, Huigang; Otrok, Christopher; Rebucci, Alessandro; Young, Eric R.
This paper studies whether policymakers should wait to intervene until a financial crisis strikes or rather act in a preemptive manner. This question is examined in a relatively simple dynamic…
Aug 2012
Author(s): Corbacho, Ana; Brito, Steve; Osorio Rivas, Rene
The drivers of educational attainment have been the subject of much research both in the developed and the developing world. Yet, nothing is known about the effect of birth registration on schooling…
Feb 2012
Author(s): Zapata, Juan Antonio; Rivas, Carlos Gabriel; Melandri, Alejandro
El presente estudio propone la discusión de los fundamentos de la utilización de un mecanismo basado en el uso de instrumentos financieros de cobertura para la mitigación del impacto de la…
Feb 2012
Author(s): Corbacho, Ana; Osorio Rivas, Rene
Birth registration is essential to guarantee a child's right to an identity. Without proper documentation of their identity, children have limited access to health, education and social…
Feb 2012
Author(s): Zapata, Juan Antonio; Rivas, Carlos Gabriel; Melandri, Alejandro
This is the context in which this study has been designed, which proposes a discussion of the fundamentals of employing a mechanism based on the use of financial hedging instruments to mitigate the…