May 2017
Author(s): Acevedo, Paloma; Hobbs, Jason; Martinez, Sebastian
We evaluate the effects of municipal infrastructure upgrades on property prices in the Municipality of Campo Grande, Brazil. Using detailed administrative data on property characteristics and sales…
May 2016
Author(s): Agénor, Pierre-Richard; Pereira da Silva, Luiz A.
This paper studies the extent to which alternative loan loss provisioning regimes affect the procyclicality of the financial system and financial stability. It uses a DSGE model with financial…