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European economic and monetary union sovereign debt markets (English)

This paper focuses on developments in the European Economic and Monetary Union sovereign debt markets in the past decade. The ?rst part analyzes the integration and segmentation structure of the bond markets of the Economic and Monetary Union before and after the sovereign debt crisis, by introducing the novel concept of correlation-based stable networks. ... See More +

Policy Research Working Paper WPS7149 JAN 01, 2015

Sensoy, Ahmet; Hacihasanoglu, Erk; Rostom, Ahmed

More than copper: toward the diversification and stabilization of Zambian exports (English)

This paper analyzes Zambian export patterns using a new transaction-level trade data set for the period 1999-2011. The data show that, in international comparison, Zambian exports are exceptionally concentrated (on mining products). ... See More +

Policy Research Working Paper WPS7151 JAN 01, 2015

Brulhart, Marius; Dihel, Nora; Kukenova, Madina

Born with a silver spoon : inequality in educational achievement across the world (English)

This paper assesses inequality of opportunity in educational achievement using the Human Opportunity Index methodology on data from the Programme for International Student Assessment. ... See More +

Policy Research Working Paper WPS7152 JAN 01, 2015

Balcazar, Carlos Felipe; Narayan, Ambar; Tiwari, Sailesh

Long-run effects of democracy on income inequality : evidence from repeated cross-sections (English)

This paper assesses the link between democracy and inequality. Inequality is measured at the cohort level with pseudo-panel data built from nine Latin American countries' household surveys (1995-2009, biannual). ... See More +

Policy Research Working Paper WPS7153 JAN 01, 2015

Balcazar, Carlos Felipe

Local budget transparency and participation : evidence from the Kyrgyz Republic (English)

The paper investigates determinants of civic participation in local budget processes in rural areas in the Kyrgyz Republic by using data from the Life in Kyrgyzstan survey, conducted in 2012. ... See More +

Policy Research Working Paper WPS7154 JAN 01, 2015

Esenaliev, Damir; Gregory Kisunko; Kisunko, Gregory

Firm heterogeneity and costly trade: a new estimation strategy and policy experiments (English)

This paper builds a tractable partial equilibrium model to help explain the role of trade preferences given to developing countries, as well as the efficacy of various subsidy policies. ... See More +

Policy Research Working Paper WPS7156 JAN 01, 2015

Cherkashin, Ivan; Demidova, Svetlana; Kee, Hiau Looi; Krishna, Kala

Impact evaluation helps deliver development projects (English)

Does research add value to aid? Specifically, does impact evaluation research help or hinder the delivery of development projects? This paper analyzes the question by constructing a new data set of 100 impact evaluations and 1,135 projects approved by the World Bank between 2005 and 2011. ... See More +

Policy Research Working Paper WPS7157 JAN 01, 2015

Legovini, Arianna; Di Maro, Vincenzo; Piza, Caio

The rise of China and labor market adjustments in Latin America (English)

This paper assesses the impact of the rise of China on the trade of Latin American and Caribbean economies. The study proposes an index to measure the impact on trade, which suggests sizable effects, especially in Argentina, Brazil, Chile, Honduras, Mexico, and Paraguay. ... See More +

Policy Research Working Paper WPS7155 JAN 01, 2015

Artuc, Erhan; Lederman, Daniel; Rojas, Diego

The global trade slowdown: cyclical or structural ? (English)

This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical. ... See More +

Policy Research Working Paper WPS7158 JAN 01, 2015

Constantinescu, Cristina; Mattoo, Aaditya; Ruta, Michele

Public sector size and performance management : a case-study of post-revolution Tunisia (English)

This paper examines public sector size and performance management in post-revolution Tunisia, drawing on macro-empirical, legal, and qualitative analyses. ... See More +

Policy Research Working Paper WPS7159 JAN 01, 2015

Brockmeyer, Anne; Khatrouch, Maha; Raballand, Gael

Survival is for the fittest: export survival patterns in Georgia (English)

This paper analyzes the determinants of export flow survival in Georgia. The paper uses a unique Georgian firm-level data set, in which firms' characteristics and output dynamics are matched with their customs' export transactions, for the period 2006-12. ... See More +

Policy Research Working Paper WPS7161 JAN 01, 2015

Martuscelli, Antonio; Varela, Gonzalo

OECS ports : an efficiency and performance assessment (English)

Handling charges in Caribbean ports are two to three times higher than in similar ports in other regions of the world. In some cases, it costs significantly less to ship a container to Hong Kong SAR, China, or Europe than it does to ship to a neighboring island no more than 100 miles away. ... See More +

Policy Research Working Paper WPS7162 JAN 01, 2015

Cubas, Diana; Briceno-Garmendia, Cecilia; Bofinger, Heinrich C.

SME exchanges in emerging market economies : a stocktaking of development practices (English)

In recent years, many emerging market countries have developed or are in the process of developing SME Exchanges to provide financing to SMEs, but few have succeeded. ... See More +

Policy Research Working Paper WPS7160 JAN 01, 2015

Harwood, Alison; Konidaris, Tanya

Entrepreneurship and the allocation of government spending under imperfect markets (English)

Previous studies have established a negative relationship between total government spending and entrepreneurship activity. However, the relationship between the composition of government spending and entrepreneurial activity has been woefully under-researched. ... See More +

Policy Research Working Paper WPS7163 JAN 01, 2015

Islam, Asif

Promoting handwashing and sanitation : evidence from a large-scale randomized trial in rural Tanzania (English)

The association between hygiene, sanitation, and health is well documented, yet thousands of children die each year from exposure to contaminated fecal matter. ... See More +

Policy Research Working Paper WPS7164 JAN 01, 2015

Briceno, Bertha; Coville, Aidan; Martinez , Sebastian

Living on the edge : vulnerability to poverty and public transfers in Mexico (English)

Social policy in Mexico has focused on identifying and supporting chronically poor households. Yet, Mexico has a significant number of households that are just above the poverty line who are not eligible, by definition, for antipoverty programs and are at risk of falling back into poverty in the event of an economic crisis or shocks like loss of employment and natural disasters. ... See More +

Policy Research Working Paper WPS7165 JAN 01, 2015

de la Fuente, Alejandro; Ortiz-Juarez, Eduardo; Rodriguez-Castelan, Carlos

Moldova : a story of upward economic mobility (English)

During the early 2000s, Moldova experienced strong economic growth and poverty and inequality reductions. This paper aims at uncovering the patterns behind these poverty trends by looking at economic mobility and its associated factors in Moldova. ... See More +

Policy Research Working Paper WPS7167 JAN 01, 2015

Davalos, Maria E.; Meyer, Moritz

Broken gears : the value added of higher education on teachers' academic achievement (English)

Good teachers are essential for high-quality educational systems. However, little is known about teachers' skills formation during college. By combining two standardized tests for Colombian students, one taken at the end of senior year in high school and the other when students are near graduation from college, this paper documents the extent to which education majors relatively improve or deteriorate their skills in quantitative reasoning, native language, and foreign language, in comparison to students in other programs. ... See More +

Policy Research Working Paper WPS7168 JAN 01, 2015

Balcazar, Carlos Felipe; Nopo, Hugo

Intentions to return : evidence from Romanian migrants (English)

Romania faces an acute population crisis with an aging workforce and an increased number of emigrants particularly from the young, highly educated/skilled population. ... See More +

Policy Research Working Paper WPS7166 JAN 01, 2015

Hinks, Tim; Davies, Simon

Connectivity for Caribbean countries : an initial assessment (English)

Every discussion of the Caribbean states considers their characteristics as sea-locked countries, small economies, highly vulnerable to natural disasters, and a geographic platform that calls for regional cooperation and integration. ... See More +

Policy Research Working Paper WPS7169 JAN 01, 2015

Briceno-Garmendia, Cecilia; Bofinger, Heinrich C.; Cubas, Diana; Millan-Placci, Maria Florencia

Title Document Date Report No. Document Type Also available in
European economic and monetary union sovereign debt markets (English)
See More +
JAN 01, 2015 WPS7149 Policy Research Working Paper
More than copper: toward the diversification and stabilization of Zambian exports (English)
See More +
JAN 01, 2015 WPS7151 Policy Research Working Paper
Born with a silver spoon : inequality in educational achievement across the world (English)
See More +
JAN 01, 2015 WPS7152 Policy Research Working Paper
Long-run effects of democracy on income inequality : evidence from repeated cross-sections (English)
See More +
JAN 01, 2015 WPS7153 Policy Research Working Paper
Local budget transparency and participation : evidence from the Kyrgyz Republic (English)
See More +
JAN 01, 2015 WPS7154 Policy Research Working Paper
Firm heterogeneity and costly trade: a new estimation strategy and policy experiments (English)
See More +
JAN 01, 2015 WPS7156 Policy Research Working Paper
Impact evaluation helps deliver development projects (English)
See More +
JAN 01, 2015 WPS7157 Policy Research Working Paper
The rise of China and labor market adjustments in Latin America (English)
See More +
JAN 01, 2015 WPS7155 Policy Research Working Paper
The global trade slowdown: cyclical or structural ? (English)
See More +
JAN 01, 2015 WPS7158 Policy Research Working Paper
Public sector size and performance management : a case-study of post-revolution Tunisia (English)
See More +
JAN 01, 2015 WPS7159 Policy Research Working Paper
Survival is for the fittest: export survival patterns in Georgia (English)
See More +
JAN 01, 2015 WPS7161 Policy Research Working Paper
OECS ports : an efficiency and performance assessment (English)
See More +
JAN 01, 2015 WPS7162 Policy Research Working Paper
SME exchanges in emerging market economies : a stocktaking of development practices (English)
See More +
JAN 01, 2015 WPS7160 Policy Research Working Paper
Entrepreneurship and the allocation of government spending under imperfect markets (English)
See More +
JAN 01, 2015 WPS7163 Policy Research Working Paper
Promoting handwashing and sanitation : evidence from a large-scale randomized trial in rural Tanzania (English)
See More +
JAN 01, 2015 WPS7164 Policy Research Working Paper
Living on the edge : vulnerability to poverty and public transfers in Mexico (English)
See More +
JAN 01, 2015 WPS7165 Policy Research Working Paper
Moldova : a story of upward economic mobility (English)
See More +
JAN 01, 2015 WPS7167 Policy Research Working Paper
Broken gears : the value added of higher education on teachers' academic achievement (English)
See More +
JAN 01, 2015 WPS7168 Policy Research Working Paper
Intentions to return : evidence from Romanian migrants (English)
See More +
JAN 01, 2015 WPS7166 Policy Research Working Paper
Connectivity for Caribbean countries : an initial assessment (English)
See More +
JAN 01, 2015 WPS7169 Policy Research Working Paper