Jul 2019
Author(s): Ayres, João; Raveendranathan, Gajendran
We use firm dynamics statistics on employment by age, entry, exit, and job flows to identify sources of business cycle fluctuations in the U.S. economy since 1980.
We extend the Hopenhayn (…
Jul 2019
Author(s): Alberti, Juan
This paper compares the contributions of three different approaches to the analysis of the institutional environment of transport policy development and megaproject planning and appraisal: the…
Jul 2019
Author(s): Alberti, Juan
This paper shows that there is an opportunity to use an institutional economics approach to the analysis of the challenges around megaproject construction contract development. It shows, firstly,…
Jan 2019
Author(s): Astudillo, Jhonatan A.; Linares, Jennifer; Manzano, Osmel; López, Arnoldo; Ruiz-Arranz, Marta; Garcimartín, Carlos; Ochoa, Elizabeth; Pagliacci, Carolina; Martínez, André; Solorzano, José
This report describes the current situation of the region of Central America and the Dominican Republic and its outlook for 2019. It also analyzes the recent reduction in the food price pattern and…
Jan 2019
Author(s): Astudillo, Jhonatan A.; Linares, Jennifer; Manzano, Osmel; López, Arnoldo; Ruiz-Arranz, Marta; Garcimartín, Carlos; Ochoa, Elizabeth; Pagliacci, Carolina; Martínez, André; Solorzano, José
Este reporte macroeconómico para Centroamérica y República Dominicana describe en profundidad y con datos a nivel nacional y global la coyuntura que está viviendo la región y su perspectiva para 2019…
Sep 2018
Author(s): Beuermann, Diether; Schwartz, Moises; Schmid, Juan Pedro; Dippel, Christian; Schmidt-Hebbel, Klaus; Khadan, Jeetendra; Pecha, Camilo; Fajgenbaum, Jose; Loser, Claudio; Wright, Allan; Waithe, Kimberly; Bollers, Elton; Bonnett, Kevin; Wenner, Mark D.; Mejia, Camila; Mooney, Henry; Smets, Lodewijk
The book explores the historical development and status of political and economic institutions in The Caribbean. The Caribbean institutional reality is studied vis-à-vis best international practices…
Sep 2018
Author(s): Busso, Matías; Fentanes, Oscar; Levy Algazi, Santiago
This technical note describes the methodology to construct a longitudinal dataset using the Economic Censuses of Mexico from 1999 to 2014. The procedure is based on an algorithm that links…
Aug 2018
Author(s): Smets, Lodewijk
Policies are not designed and implemented by a social planner but are determined through a political process, based on the policymakers' preferences, beliefs and the constraints provided by…
Nov 2017
Author(s): Teignier, Marc; Cuberes, David
This paper studies the aggregate effects of the existing differences between male and female-run firms in Latin America and the Caribbean (LAC). Using data from the World Bank Enterprise Survey and…
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): Sosa, Mariano; Powell, Andrew
The April 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…
Sep 2017
Author(s): Powell, Andrew; Sosa, Mariano
The May 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…
Sep 2017
Author(s): Hernández, Juan; Wills, Daniel
The Jumpstart Our Business Startups (JOBS) Act of 2012 aims at increasing funding access for young firms by easing securities regulation. Motivated by this, we ask if there is a role for the…
Sep 2017
Author(s): Cavallo, Eduardo A.; Izquierdo, Alejandro; León, John Jairo
Sudden Stops in net capital flows can be prevented when the actions of domestic investors offset a reduction in foreign lending. This paper presents evidence that while sudden stops in gross inflows…
Sep 2017
Author(s): Gunter, Samara; Riera-Crichton, Daniel; Végh, Carlos A.; Vuletin, Guillermo
We estimate the effect of worldwide tax changes on output following the narrative approach developed for the United States by Romer and Romer (2010). We use a novel dataset on value-added taxes for…
Sep 2017
Author(s): Sosa, Mariano; Powell, Andrew
The March 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…
Aug 2017
Author(s): Cavallo, Eduardo A.; Valencia, Oscar
This policy brief summarizes a conference on recent developments in the analysis of current account sustainability held by Research Department of the Inter- American Development Bank (IDB) and Banco…
Aug 2017
Author(s): Gaglianone, Wagner Piazza; Dutra Areosa, Waldyr
This paper proposes a methodology for constructing a Financial Conditions Indicator (FCI) based on factor analysis and the approaches of Brave and Butters (2011) and Aramonte et al. (2013). A…
Aug 2017
Author(s): Peters, Amos
This paper’s primary goal is to determine the size of the informal sector in the heterogeneous Caribbean countries. The informal economic activities of a country have several implications for their…
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…