May 2022
Author(s): Hernández, Juan;Santaella, Juan;Wills, Daniel
The COVID-19 pandemic produced a shock to public finances throughout the world. In the case of Colombia, the public debt to GDP ratio increased from 39.8% to 65.0%. We use a two-country neoclassical…
Jun 2020
Author(s): Rapoport, Nina;Rojas Méndez, Ana María;Scartascini, Carlos
Behavioral insights are becoming part of the policy toolkit in countries around the world, and the IDB has positioned itself at the forefront of this movement in Latin America and the Caribbean. This…
Jun 2020
Author(s): Rapoport, Nina;Rojas Méndez, Ana María;Scartascini, Carlos
Las ciencias del comportamiento se están convirtiendo en una de las herramientas clave de política pública con las que cuentan los países, y el BID se ha posicionado a la vanguardia de este campo en…
Jan 2015
Author(s): Carvalho, Carlos;Pasca, Nilda;Souza, Laura;Zilberman, Eduardo
This paper augments a relatively standard dynamic general equilibrium model with financial frictions in order to quantify the macroeconomic effects of the credit deepening process observed in many…
Sep 2014
Author(s): Carrera-Marquis, Daniela
Adequate financial markets are fundamental to sustainable development. Accurate capital allocation requires return on investment incorporates the social and environmental variables impacting,…
Aug 2013
Author(s): Scartascini, Carlos;Ardanaz, Martín
According to an influential theoretical argument, presidential systems tend to present smaller governments because the separation between those who decide the size of the fiscal purse and those who…