Aug 2019
Author(s): Fernández-Arias, Eduardo; Hausmann, Ricardo; Panizza, Ugo
The conventional paradigm about development banks is that these institutions exist to target well-identified market failures. However, market failures are not directly observable and can only be…
Apr 2019
Author(s): Rodríguez Chatruc, Marisol; Stein, Ernesto H.; Vlaicu, Razvan
This paper examines individual-level support for trade liberalization, relates it to beliefs about trade, and measures its sensitivity to positive and negative framing. The data come from the 2018…
Feb 2019
Author(s): Crespi, Gustavo; Figal Garone, Lucas; Maffioli, Alessandro; Stein, Ernesto H.
This paper estimates the direct and spillover effects of two matching grants schemes designed to promote firm-level research and development (R&D) investment in Chile on firm productivity.…
Dec 2017
Author(s): Fernández-Arias, Eduardo; Sabel, Charles; Stein, Ernesto H.; Trejos, Alberto
This paper summarizes the findings of the recent Inter-American Development Bank book Two to Tango: Public-Private Collaboration Productive Development Policies, based on case studies of 25…
Jul 2017
Author(s): Cavallo, Eduardo A.; Fernández-Arias, Eduardo; Marzani, Matías
Deeper financial integration is expected to enable low-saving countries to increase domestic investment but also to increase crisis risks by facilitating the accumulation of risky foreign liabilities…