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Municipal pooled financing of infrastructure in the United States : experience and lessons (English)

Despite a world awash with liquidity, large infrastructure supply gaps exist across developing and emerging markets. Infrastructure has been largely decentralized to subnational governments in many countries, and many policymakers are keenly interested in developing subnational bond markets to give subnational governments access to private financing for infrastructure. ... See More +

Policy Research Working Paper WPS8212 OCT 09, 2017

Liu,Lili; De Angelis,Michael A.; Torbert,Sally M. Disclosed

Employment multipliers over the business cycle (English)

This paper estimates dynamic employment multipliers in a U.S. county during 1998-2015. On average, one exogenous tradable job gain creates 1.1 jobs in the rest of the county economy in the same year, but is offset by losses of 0.23 job one year later and 0.32 job two years later. ... See More +

Policy Research Working Paper WPS8105 JUN 19, 2017

Nguyen,Ha Minh; Soh,Jiaming Disclosed

Do individual investors ignore transaction costs ? (English)

Using close to 800,000 (2,000,000) transactions by 66,000 (303,000) households in the United States (in Finland), this paper shows that individual investors with longer holding periods choose to hold less liquid stocks in their portfolios, consistent with Amihud and Mendelson's (1986) theory of liquidity clienteles. ... See More +

Policy Research Working Paper WPS8098 JUN 09, 2017

Anginer,Deniz; Han,Snow Xue; Yildizhan,Celim Disclosed

Should emerging markets worry about U.S. monetary policy announcements ? (English)

This paper analyzes the spillover effects of U.S. monetary policy announcements on emerging market economies since end-2008, the period coinciding with the use of unconventional policy measures. ... See More +

Policy Research Working Paper WPS8100 JUN 09, 2017

Gupta,Poonam; Masetti,Oliver; Rosenblatt,David Disclosed

Effect of stress on later-life health : evidence from the Vietnam war draft (English)

A substantial literature has examined the impact of stress during the early stages of life on later-life health. This paper contributes to that literature by examining the later-life health impact of stress during adolescence and early adulthood, using a novel proxy for stress: risk of military induction in the United States during the Vietnam War. ... See More +

Policy Research Working Paper WPS8063 MAY 16, 2017

Cawley,John Horan; De Walque,Damien B. C. M.; Grossman,Daniel Disclosed

Legal framework for social enterprise : lessons from a comparative study of Italy, Malaysia, South Korea, United Kingdom, and United States (English)

Social enterprises are emerging as a new area of public policy: several countries seek to stimulate private sector contribution to development outcomes, and social enterprises could be important players in that agenda. ... See More +

Working Paper 114405 APR 18, 2017

Triponel,Anna; Agapitova,Natalia Disclosed

Heterogeneous technology diffusion and Ricardian trade patterns (English)

Migration and trade are often linked through ethnic networks boosting bilateral trade. This study uses migration to quantify the importance of Ricardian technology differences for international trade. ... See More +

Policy Research Working Paper WPS8027 APR 10, 2017

Kerr,William Robert Disclosed

The global role of the U.S. economy: linkages, policies and spillovers (English)

This paper analyzes the role of the United States in the global economy and examines the extent of global spillovers from changes in U.S. growth, monetary and fiscal policies, and uncertainty in its financial markets and economic policies. ... See More +

Policy Research Working Paper WPS7962 FEB 07, 2017

Kose,Ayhan; Lakatos,Csilla; Ohnsorge,Franziska Lieselotte; Stocker,Marc Disclosed

Estimation and inference for actual and counterfactual growth incidence curves (English)

Different episodes of economic growth display widely varying distributional characteristics, both across countries and over time. Growth is sometimes accompanied by rising and sometimes by falling inequality. ... See More +

Policy Research Working Paper WPS7933 JAN 05, 2017

Ferreira,Francisco H. G.; Firpo,Sergio; Galvao,Antonio F. Disclosed

Transit migration : all roads lead to America (English)

The paths of many migrants include multiple destinations and transit routes, yet this pattern is almost never reflected in empirical analyses. For example, 9 percent of recent immigrants to the United States arrived from a transit country as opposed to the country where they were born. ... See More +

Policy Research Working Paper WPS7880 NOV 07, 2016

Artuc,Erhan; Ozden,Caglar Disclosed

Doing business 2017 : equal opportunity for all - San Marino (English)

This economy profile presents the Doing Business indicators for San Marino. To allow useful comparison, it also provides data for other selected economies (comparator economies) for each indicator. ... See More +

Working Paper 109938 OCT 25, 2016

Disclosed

Doing business 2017 : equal opportunity for all - United States (English)

This economy profile presents the Doing Business indicators for United States. To allow useful comparison, it also provides data for other selected economies (comparator economies) for each indicator. ... See More +

Working Paper 110012 OCT 25, 2016

Disclosed

Doing business 2017 : equal opportunity for all - Canada (English)

This economy profile presents the Doing Business indicators for Canada. To allow useful comparison, it also provides data for other selected economies (comparator economies) for each indicator. ... See More +

Working Paper 109795 OCT 25, 2016

Disclosed

Does governing law affect bond spreads ? (English)

Controlling for bond and issuer characteristics, bond spreads are expected to be equal across different legal jurisdictions, and differences are expected to disappear through arbitrage. ... See More +

Policy Research Working Paper WPS7863 OCT 17, 2016

Ratha,Dilip K.; De,Supriyo; Kurlat,Sergio Andres Disclosed

Unequal opportunity, unequal growth (English)

This paper argues that inequality can be both good and bad for growth, depending on what inequality and whose growth. Unequal societies may be holding back one segment of the population while helping another. ... See More +

Policy Research Working Paper WPS7853 OCT 11, 2016

Marrero,Gustavo Alberto; Rodriguez,Juan Gabriel; Van Der Weide,Roy Disclosed

Official Documents- Reimbursable Advisory Services Agreement with Chief Minister's Department, Government of Jersey ()

Agreement SEP 12, 2016

Goldstein,Daria Disclosed

The development impact of financial regulation: evidence from Ethiopia and antebellum USA (English)

In absence of deposit insurance, underdeveloped financial systems can exhibit a coordination failure between banks, unable to commit on safe asset holding, and depositors, anticipating low deposit repayment in bad states. ... See More +

Policy Research Working Paper WPS7734 JUN 28, 2016

Limodio,Nicola; Strobbe,Francesco Disclosed

Property rights for fishing cooperatives : how (and how well) do they work ? (English)

Devolving property rights to local institutions has emerged as a compelling management strategy for natural resource management in developing countries. ... See More +

Policy Research Working Paper WPS7662 MAY 05, 2016

Aburto-Oropeza,Octavio; Leslie,Heather M.; Mack-Crane,Austen; Nagavarapu,Sriniketh Suryasesha; Reddy,Sheila M.W.; Sievanen,Leila Disclosed

Effects of fiscal policy shocks in an open economy : evidence from Canada (English)

What is the impact of fiscal policy shocks on key macroeconomic variables in Canada? This question triggered renewed interest in the aftermath of the 2008-09 Great Recession. ... See More +

Policy Research Working Paper WPS7654 APR 27, 2016

Tsoungui Belinga,Vincent De Paul Disclosed

Unemployment and mortality : evidence from the great recession (English)

Did unemployment in the Great Recession hurt people's health? The broad answer is no: job losses have statistically insignificant impacts on mortality. ... See More +

Policy Research Working Paper WPS7603 MAR 16, 2016

Nguyen,Ha Minh; Nguyen,Huong Disclosed

Title Document Date Report No. Document Type Also available in
Municipal pooled financing of infrastructure in the United States : experience and lessons (English)
See More +
OCT 09, 2017 WPS8212 Policy Research Working Paper
Employment multipliers over the business cycle (English)
See More +
JUN 19, 2017 WPS8105 Policy Research Working Paper
Do individual investors ignore transaction costs ? (English)
See More +
JUN 09, 2017 WPS8098 Policy Research Working Paper
Should emerging markets worry about U.S. monetary policy announcements ? (English)
See More +
JUN 09, 2017 WPS8100 Policy Research Working Paper
Effect of stress on later-life health : evidence from the Vietnam war draft (English)
See More +
MAY 16, 2017 WPS8063 Policy Research Working Paper
Legal framework for social enterprise : lessons from a comparative study of Italy, Malaysia, South Korea, United Kingdom, and United States (English)
See More +
APR 18, 2017 114405 Working Paper
Heterogeneous technology diffusion and Ricardian trade patterns (English)
See More +
APR 10, 2017 WPS8027 Policy Research Working Paper
The global role of the U.S. economy: linkages, policies and spillovers (English)
See More +
FEB 07, 2017 WPS7962 Policy Research Working Paper
Estimation and inference for actual and counterfactual growth incidence curves (English)
See More +
JAN 05, 2017 WPS7933 Policy Research Working Paper
Transit migration : all roads lead to America (English)
See More +
NOV 07, 2016 WPS7880 Policy Research Working Paper
Doing business 2017 : equal opportunity for all - San Marino (English)
See More +
OCT 25, 2016 109938 Working Paper
Doing business 2017 : equal opportunity for all - United States (English)
See More +
OCT 25, 2016 110012 Working Paper
Doing business 2017 : equal opportunity for all - Canada (English)
See More +
OCT 25, 2016 109795 Working Paper
Does governing law affect bond spreads ? (English)
See More +
OCT 17, 2016 WPS7863 Policy Research Working Paper
Unequal opportunity, unequal growth (English)
See More +
OCT 11, 2016 WPS7853 Policy Research Working Paper
Official Documents- Reimbursable Advisory Services Agreement with Chief Minister's Department, Government of Jersey ()
See More +
SEP 12, 2016 Agreement
The development impact of financial regulation: evidence from Ethiopia and antebellum USA (English)
See More +
JUN 28, 2016 WPS7734 Policy Research Working Paper
Property rights for fishing cooperatives : how (and how well) do they work ? (English)
See More +
MAY 05, 2016 WPS7662 Policy Research Working Paper
Effects of fiscal policy shocks in an open economy : evidence from Canada (English)
See More +
APR 27, 2016 WPS7654 Policy Research Working Paper
Unemployment and mortality : evidence from the great recession (English)
See More +
MAR 16, 2016 WPS7603 Policy Research Working Paper