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Adding Space to the International Business Cycle (English)

Growth fluctuations exhibit substantial synchronization across countries, which has been viewed as reflecting a global business cycle driven by shocks with worldwide reach, or spillovers resulting from local real and/or financial linkages between countries. ... See More +

Policy Research Working Paper WPS8786 MAR 21, 2019

Abate,Girum Dagnachew; Serven,Luis Disclosed

Firm Dynamics, Job Outcomes, and Productivity : South African Formal Businesses, 2010-14 (English)

The formal private sector has a key role to play in fostering growth and reducing unemployment in South Africa—strengthening its performance is therefore critical. ... See More +

Policy Research Working Paper WPS8788 MAR 21, 2019

Aterido,Reyes; Hlatshwayo,Ayanda; Pieterse,Duncan; Steenkamp,Andre Disclosed

Returns to Investment in Education : The Case of Turkey (English)

This paper estimates private and social returns to investment in education in Turkey, using the 2017 Household Labor Force Survey and alternative methodologies. ... See More +

Policy Research Working Paper WPS8789 MAR 21, 2019

Patrinos,Harry Anthony; Psacharopoulos,George; Tansel,Aysit Disclosed

Estimation of the ex ante Distribution of Returns for a Portfolio of U.S. Treasury Securities via Deep Learning (English)

This paper presents different deep neural network architectures designed to forecast the distribution of returns on a portfolio of U.S. Treasury securities. ... See More +

Policy Research Working Paper WPS8790 MAR 21, 2019

Foresti,Andrea Disclosed

Swept by the Tide ? The International Comovement of Capital Flows (English)

This paper assesses the international comovement of gross capital flows in a setting simultaneously encompassing aggregate inflows and outflows. ... See More +

Policy Research Working Paper WPS8787 MAR 21, 2019

Fernandez Lafuerza,Luis Gonzalo; Serven,Luis Disclosed

Inflation Expectations : Review and Evidence (English)

This paper presents a comprehensive examination of the determination and evolution of inflation expectations, with a focus on emerging market and developing economies (EMDEs). ... See More +

Policy Research Working Paper WPS8785 MAR 20, 2019

Kose,Ayhan; Matsuoka,Hideaki; Panizza,Ugo G.; Vorisek,Dana Lauren Disclosed

Why Do Fiscal Multipliers Depend on Fiscal Positions? (English)

The fiscal position can affect fiscal multipliers through two channels. Through the Ricardian channel, households reduce consumption in anticipation of future fiscal adjustments when fiscal stimulus is implemented from a weak fiscal position. ... See More +

Policy Research Working Paper WPS8784 MAR 20, 2019

Huidrom,Raju; Kose,Ayhan; Lim,Jamus Jerome; Ohnsorge,Franziska Lieselotte Disclosed

Are Management Practices Failing or Aiding the Private Sector in South America? (English)

An expanding body of literature has shown that better management practices can offer significant boosts to firms' productivity; this research illustrates that firms in South America are no exception. ... See More +

Policy Research Working Paper WPS8783 MAR 19, 2019

Hyland,Marie Caitriona; Francis,David C.; Rodriguez Meza,Jorge Luis Disclosed

Firms' and States' Responses to Laxer Environmental Standards (English)

On June 1, 2017, President Trump announced the United States' withdrawal from the Paris agreement on climate change. Despite this decision, American firms continued investing in low-carbon technologies and some states committed to tougher environmental standards. ... See More +

Policy Research Working Paper WPS8781 MAR 14, 2019

Cordella,Tito; Devarajan,Shantayanan Disclosed

The Three-Gap Model of Health Worker Performance (English)

The Three-Gap Model examines the determinants of low-quality health care by examining the patterns and determinants of three gaps. Using four measures of performance -- target performance, actual performance, capacity to perform, and knowledge to perform -- this paper defines three gaps for each health worker: the gap between target performance and what they have the knowledge to do (the know gap), the gap between their knowledge and their capacity to perform (the know-can gap), and the gap between their capacity and what they actually do (the can-do gap). ... See More +

Policy Research Working Paper WPS8782 MAR 14, 2019

Ibnat,Fabliha; Leonard,Kenneth L; Bawo,Luke; Mohammed-Roberts,Rianna L. Disclosed

Employment in South Asia : A New Dataset (English)

This paper presents a new dataset of comparable employment indicators for South Asian countries, constructed from more than 60 primary data sources from 2001 to 2017. ... See More +

Policy Research Working Paper WPS8779 MAR 13, 2019

Beyer,Robert Carl Michael; Chocce Falla,Milagros Alejandra; Rama,Martin G. Disclosed

Inflation and Exchange Rate Pass-Through (English)

The degree to which domestic prices adjust to exchange rate movements is key to understanding inflation dynamics, and hence to guiding monetary policy. ... See More +

Policy Research Working Paper WPS8780 MAR 13, 2019

Ha,Jongrim; Stocker,Marc; Yilmazkuday,Hakan Disclosed

Estimating Small Area Population Density Using Survey Data and Satellite Imagery : An Application to Sri Lanka (English)

Country-level census data are typically collected once every 10 years. However, conflict, migration, urbanization, and natural disasters can cause rapid shifts in local population patterns. ... See More +

Policy Research Working Paper WPS8776 MAR 12, 2019

Engstrom,Ryan; Newhouse,David Locke; Soundararajan,Vidhya Disclosed

Drivers of Gross Capital Inflows : Which Factors Are More Important for Sub-Saharan Africa? (English)

This paper discusses recent trends and investigates the drivers of capital flows across regions in the world, with emphasis on Sub-Saharan Africa. ... See More +

Policy Research Working Paper WPS8777 MAR 12, 2019

Calderon,Cesar; Chuhan-Pole,Punam; Kubota,Megumi Disclosed

Low Tax Jurisdictions and Preferential Regimes : Policy Gaps in Developing Economies (English)

This paper reviews recent international initiatives and domestic policy developments aimed at helping countries to protect their tax base against erosion by individuals and companies that allocate assets to or route income via low tax jurisdictions. ... See More +

Policy Research Working Paper WPS8778 MAR 12, 2019

Leigh Pemberton,Jonathan; Loeprick,Jan Disclosed

Input Substitutability and Cross-Country Variation in Sectoral Linkages (English)

Using panel data on input-output intensities and expenditure prices from 28 countries, this paper finds the elasticity of substitution across sectoral inputs to be less than one in each of the three broad sectors of the economy. ... See More +

Policy Research Working Paper WPS8770 MAR 11, 2019

Sinha,Rishabh Disclosed

International Willingness to Pay for the Protection of the Amazon Rainforest (English)

The Amazon rainforest, the world's largest tropical rainforest and an important constituent of the global biosphere, continues degrading by rapid deforestation, which is expected to continue despite policies to prevent it. ... See More +

Policy Research Working Paper WPS8775 MAR 11, 2019

Siikamaki,Juha Veikko; Krupnick,Alan Jeff; Strand,Jon; Vincent,Jeffrey R. Disclosed

Pioneering Firms in Fragile and Conflict-Affected States : Why and How Development Finance Institutions Should Support Them (English)

The role of 'first movers' in fragile states is critical: they grow and diversify markets in ways that no other firms do, generating disproportionate impact in terms of development and stability. ... See More +

Policy Research Working Paper WPS8774 MAR 11, 2019

Collier,Paul; Gregory,Neil; Ragoussis,Alexandros Disclosed

Mobilizing Resources for Education and Improving Spending Effectiveness : Establishing Realistic Benchmarks Based on Past Trends (English)

This paper looks at how countries have mobilized additional resources for education and assesses their impact on access and learning outcomes, using the World Bank's new Learning-Adjusted Years of Schooling measure. ... See More +

Policy Research Working Paper WPS8773 MAR 11, 2019

Al-Samarrai,Samer; Cerdan-Infantes,Pedro; Lehe,Jonathan David Disclosed

Learning from Developing Country Power Market Experiences : The Case of Colombia (English)

The Colombian power market was established in 1995, driven primarily by concerns about the reliability of supply in the largely hydro-based domestic power system. ... See More +

Policy Research Working Paper WPS8771 MAR 11, 2019

Rudnick,Hugh; Velasquez,Constantin Disclosed

Title Document Date Report No. Document Type Also available in
Adding Space to the International Business Cycle (English)
See More +
MAR 21, 2019 WPS8786 Policy Research Working Paper
Firm Dynamics, Job Outcomes, and Productivity : South African Formal Businesses, 2010-14 (English)
See More +
MAR 21, 2019 WPS8788 Policy Research Working Paper
Returns to Investment in Education : The Case of Turkey (English)
See More +
MAR 21, 2019 WPS8789 Policy Research Working Paper
Estimation of the ex ante Distribution of Returns for a Portfolio of U.S. Treasury Securities via Deep Learning (English)
See More +
MAR 21, 2019 WPS8790 Policy Research Working Paper
Swept by the Tide ? The International Comovement of Capital Flows (English)
See More +
MAR 21, 2019 WPS8787 Policy Research Working Paper
Inflation Expectations : Review and Evidence (English)
See More +
MAR 20, 2019 WPS8785 Policy Research Working Paper
Why Do Fiscal Multipliers Depend on Fiscal Positions? (English)
See More +
MAR 20, 2019 WPS8784 Policy Research Working Paper
Are Management Practices Failing or Aiding the Private Sector in South America? (English)
See More +
MAR 19, 2019 WPS8783 Policy Research Working Paper
Firms' and States' Responses to Laxer Environmental Standards (English)
See More +
MAR 14, 2019 WPS8781 Policy Research Working Paper
The Three-Gap Model of Health Worker Performance (English)
See More +
MAR 14, 2019 WPS8782 Policy Research Working Paper
Employment in South Asia : A New Dataset (English)
See More +
MAR 13, 2019 WPS8779 Policy Research Working Paper
Inflation and Exchange Rate Pass-Through (English)
See More +
MAR 13, 2019 WPS8780 Policy Research Working Paper
Estimating Small Area Population Density Using Survey Data and Satellite Imagery : An Application to Sri Lanka (English)
See More +
MAR 12, 2019 WPS8776 Policy Research Working Paper
Drivers of Gross Capital Inflows : Which Factors Are More Important for Sub-Saharan Africa? (English)
See More +
MAR 12, 2019 WPS8777 Policy Research Working Paper
Low Tax Jurisdictions and Preferential Regimes : Policy Gaps in Developing Economies (English)
See More +
MAR 12, 2019 WPS8778 Policy Research Working Paper
Input Substitutability and Cross-Country Variation in Sectoral Linkages (English)
See More +
MAR 11, 2019 WPS8770 Policy Research Working Paper
International Willingness to Pay for the Protection of the Amazon Rainforest (English)
See More +
MAR 11, 2019 WPS8775 Policy Research Working Paper
Pioneering Firms in Fragile and Conflict-Affected States : Why and How Development Finance Institutions Should Support Them (English)
See More +
MAR 11, 2019 WPS8774 Policy Research Working Paper
Mobilizing Resources for Education and Improving Spending Effectiveness : Establishing Realistic Benchmarks Based on Past Trends (English)
See More +
MAR 11, 2019 WPS8773 Policy Research Working Paper
Learning from Developing Country Power Market Experiences : The Case of Colombia (English)
See More +
MAR 11, 2019 WPS8771 Policy Research Working Paper