Dec 2019
Author(s): Avellán, Leopoldo; Goncalves Cavalcanti, Vitor; Leal Calderon, Zulima; Lotti, Giulia
This paper assesses the link between the effort to prepare investment projects and the effort to implement them. Effort is measured as the total number of staff hours devoted to the project…
Jul 2019
Author(s): Avellán, Leopoldo; Leon-Diaz, John
The study finds that variability in the approval rate of IDB-funded investment projects depends more on specific project characteristics than on macroeconomic conditions faced by countries or errors…
Jul 2019
Author(s): Avellán, Leopoldo; Goncalves Cavalcanti, Vitor; Lotti, Giulia
This study assesses whether, by decreasing project preparation time, execution times are lengthened. This study finds no systematic evidence that links project preparation time with project execution…
Dec 2016
Author(s): Andrian, Leandro Gaston; Avellán, Leopoldo
El producto potencial y la brecha del producto son conceptos comúnmente utilizados para informar el ejercicio de las políticas monetaria y fiscal, así como para el análisis del desempeño del sistema…
Mar 2015
Author(s): Cesa-Bianchi, Ambrogio; Céspedes, Luis Felipe; Rebucci, Alessandro
This paper first compares house price cycles in advanced and emerging economies using a new quarterly house price dataset covering the period 1990- 2012. It is found that that house prices in…
Feb 2013
Author(s): Cesa-Bianchi, Ambrogio; Rebucci, Alessandro
This paper develops a model featuring both a macroeconomic and a financial stability objective that speaks to the interaction between monetary and macroprudential policies. First, we find that…
Apr 2012
Author(s): Cesa-Bianchi, Ambrogio; Pesaran, M. Hashem; Rebucci, Alessandro; Xu, TengTeng
This is the data used for the estimation of the GVAR model as in "China's Emergence in the World Economy and Business Cycles in Latin America" (access the study in the related URL…
Feb 2012
Author(s): Rebucci, Alessandro; Powell, Andrew; Caballero, Julián; Fernández Martín, Andrés; Fernández-Arias, Eduardo
This report details the divergent paths that the world economy may take and their potential effects on Latin America and the Caribbean. Scenarios are constructed employing a modeling exercise that…
Feb 2012
Author(s): Rebucci, Alessandro; Powell, Andrew; Caballero, Julián; Fernández Martín, Andrés; Fernández-Arias, Eduardo
Este informe detalla las diversas trayectorias que podría tomar la economía mundial y los efectos potenciales sobre América Latina y el Caribe. Se construyen escenarios siguiendo un ejercicio de…
May 2011
Author(s): Matsumoto, Akito; Cova, Pietro; Pisani, Massimiliano; Rebucci, Alessandro
This paper studies equity price volatility in general equilibrium with news shocks about future productivity and monetary policy. As West (1998) shows, in a partial equilibrium present discounted…
Feb 2011
Author(s): Benigno, Gianluca; Chen, Huigang; Otrok, Christopher; Rebucci, Alessandro; Young, Eric R.
Stochastic general equilibrium models of small open economies with occasionally binding financial frictions are capable of mimicking both the business cycles and the crisis events associated with the…
Oct 2009
Author(s): Rebucci, Alessandro; Powell, Andrew; Minella, André; Souza-Sobrinho, Nelson F.
This study provides a set of tools to analyze the monetary and exchange rate policy issues in the seven countries of the Inter-American Development Banks Caribbean region (The Bahamas, Barbados,…
Dec 2004
Author(s): Moccero, Diego; Winograd, Carlos
This paper was prepared within the framework of "Deeper Integration of MERCOSUR: Dealing with Disparities", a joint initiative between the Integration and Regional Programs Department and…