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The welfare cost of inflation and the regulations of money substitutes (English)

This paper studies the possibility of using financial regulation that prohibits the use of money substitutes as a tool for mitigating the adverse effects of deviations from the Friedman rule. ... See More +

Policy Research Working Paper WPS7553 FEB 02, 2016

Eden,Benjamin; Eden,Maya

Formalizing rural land rights in West Africa : early evidence from a randomized impact evaluation in Benin (English)

This paper presents early evidence from the first large-scale randomized-controlled trial of a land formalization program. The study examines the links between land demarcation and investment in rural Benin in light of a model of agricultural production under insecure tenure. ... See More +

Policy Research Working Paper WPS7435 OCT 08, 2015

Goldstein,Markus P.; Houngbedji,Kenneth; Kondylis,Florence; O'Sullivan,Michael B.; Selod,Harris

Yemen, Republic of - Unlocking the potential for economic growth (English)

Part one of the report provides an overview of the economy. It has one chapter (chapter one), which provides an overview of the country’s growth and macroeconomic performance and challenges and analyzes and emphasizes the limited dynamism of a rent- and hydrocarbon-cursed economy. ... See More +

Country Economic Memorandum 102151 OCT 01, 2015

Public good provision in Indian rural areas : the returns to collective action by microfinance groups (English)

Self-help groups (SHGs) are the most common form of microfinance in India. The authors provide evidence that SHGs, composed of women only, undertake collective actions for the provision of public goods within village communities. ... See More +

Policy Research Working Paper WPS7397 AUG 19, 2015

Casini,Paolo; Vandewalle,Lore; Wahhaj,Zaki

Understanding Latin America and the Caribbean’s income gap (English)

Even nearly ten years of solid growth cannot guarantee long-term income convergence. The countries of the Latin America and Caribbean region (LAC), like other emerging economies, have benefited from a decade of remarkable growth and some income per capita convergence towards the United States and other industrialized countries. ... See More +

Working Paper 97885 JUL 01, 2015

Araujo,Jorge A. De Thompson R.; Vostroknutova,Ekaterina; Wacker,Konstantin M.; Clavijo,Mateo

Market imperfections exacerbate the gender gap: the case of Malawi (English)

This paper hypothesizes that labor and credit market imperfections—by discouraging off-farm income-generating activities and restricting access to inputs, respectively—affect female farm productivity more deeply than male productivity. ... See More +

Policy Research Working Paper WPS7300 JUN 10, 2015

Palacios-Lopez,Amparo; López,Ramón

Smart specialization in Croatia : inputs from trade, innovation, and productivity analysis (English)

The report examines recent trends in Croatia's in trade, productivity, innovation performance and policy governance framework, to help identify priorities for the development of the country's Smart Specialization Strategy, which is an ex-ante conditionality for access to the EU's Structural and Investment Funds over the 2014-20 programming period. ... See More +

Publication 97477 JUN 10, 2015

Aprahamian,Arabela Sena [editor]; Correa,Paulo Guilherme [editor]

Professionalization contracts for small municipal water service providers in India : business model development (English)

Professionalization contracts are a new concept. The aim of these contracts is to enlist the support of specialized private firms in turning public water utilities into competent professional operators. ... See More +

Working Paper ACS13859 JUN 01, 2015

Ehrhardt,David; Mugabi,Josses; Kingdom,William D.

Institutional change, political economy, and state capabilities : learning from Edo state, Nigeria (English)

This paper is one of a series aimed at deepening the World Bank’s capacity to follow through on commitments made in response to the World Development Report (WDR) 2011, which gave renewed prominence to the nexus between conflict, security, and development. ... See More +

Working Paper 97600 JUN 01, 2015

Bain,Katherine A.; Porter,Douglas John; Watts, Michael

Openness in trade and investment : putting the debate in Indonesia’s development context - executive summary for policy note on openness, growth, and productivity (English)

This is the executive summary for the policy note on Trade integration, FDI and Productivity, which presents evidences from recent policy researches that arguing that engaging in an open trade and investment regime have brought productivity gains that are a key factor in sustaining increases in income per-capita. ... See More +

Working Paper 101699 APR 01, 2015

Rahardja,Sjamsu; Varela,Gonzalo J.; Fitrani,Fitria; Lacovone, Leonardo; Javorcik,Beata; Soejachmoen,Moekti Prasetiani; Duggan,Victor

The political economy of decision-making in forestry : using evidence and analysis for reform (English)

The use of the phrase, ‘political economy’ originates in Adam Smith’s Wealth of Nations and is also found in the writings of David Ricardo and Karl Marx. ... See More +

Working Paper 101750 JAN 01, 2015

Kishor,Nalin M.; Castillo,Selene; Nguyen,Nga Phuong-000194219; Rosenbaum,Kenneth L.

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 Salazar,Carlos Felipe

Jobs or privileges : unleashing the employment potential of the Middle East and North Africa (English)

This report for the Middle East and North Africa shows that policies that lower competition and create an uneven playing field are common and constrain private sector job creation. ... See More +

Publication 92870 NOV 16, 2014

Schiffbauer, Marc; Sy, Abdoulaye; Hussain, Sahar; Sahnoun, Hania; Keefer, Philip

Some simple analytics of trade and labor mobility (English)

This paper studies a simple, tractable model of labor adjustment in a trade model that allows researchers to analyze the economy's dynamic response to trade liberalization. ... See More +

Policy Research Working Paper WPS7089 NOV 01, 2014

Artuc, Erhan; Chaudhuri, Shubham; McLaren, John

Village political economy, land tenure insecurity, and the rural to urban migration decision : evidence from China (English)

This paper investigates the impact of land tenure insecurity on the migration decisions of China's rural residents. A simple model first frames the relationship among these variables and the probability that a reallocation of land will occur in the following year. ... See More +

Policy Research Working Paper WPS7080 NOV 01, 2014

Giles,John T.; Mu,Ren

Medium term business cycles in developing countries (English)

The authors study the transmission of business cycle fluctuations for developed (N) to developing economies (S) with a two-country, asymmetric, dynamic stochastic general equilibrium (DSGE) model with endogenous development of new technologies in N, and sunk costs of exporting and transferring the production of the intermediate goods to S. ... See More +

Journal Article 92934 OCT 01, 2014

Comin, Diego; Loayza, Norman; Pasha, Farooq; Serven, Luis

Anatomy of a Credit Crunch : From Capital to Labor Markets (English)

Financial crises are associated with severe economic contractions and lasting deteriorations in labor market conditions. Despite the close connection between financial crises and sustained rises in unemployment, few models incorporate both credit market and labor market frictions. ... See More +

Journal Article 93753 SEP 01, 2014

Buera, Francisco J.; Fattal-Jaef, Roberto; Shin, Yongseok

Macroeconomic implications of aging in East Asia Pacific : demography, labor markets and productivity (English)

Working Paper 99401 AUG 08, 2014

Flochel,Thomas; Ikeda,Yuki; Moroz,Harry Edmund; Umapathi,Nithin

Political economy of power sector subsidies : a review with reference to Sub-Saharan Africa (English)

Power sector subsidies in Sub-Saharan Africa are substantial and highly regressive. While subsidies can be quick, easy, and politically expedient to implement, they are equally quick to take root and challenging to remove. ... See More +

Working Paper 89547 JUL 01, 2014

Kojima, Masami ; Bacon, Robert ; Trimble, Chris

The return of "patrimonial capitalism" : review of Thomas Piketty's capital in the 21st century (English)

The paper provides a detailed review of Thomas Piketty's book "Capital in the 21st century." It focuses on the new contributions of the book, and in particular on its unified treatment of economic growth, functional income distribution, and concentration of personal income. ... See More +

Policy Research Working Paper WPS6974 JUL 01, 2014

Milanovic, Branko

Title Document Date Report No. Document Type Also available in
The welfare cost of inflation and the regulations of money substitutes (English)
See More +
FEB 02, 2016 WPS7553 Policy Research Working Paper
Formalizing rural land rights in West Africa : early evidence from a randomized impact evaluation in Benin (English)
See More +
OCT 08, 2015 WPS7435 Policy Research Working Paper
Yemen, Republic of - Unlocking the potential for economic growth (English)
See More +
OCT 01, 2015 102151 Country Economic Memorandum
Public good provision in Indian rural areas : the returns to collective action by microfinance groups (English)
See More +
AUG 19, 2015 WPS7397 Policy Research Working Paper
Understanding Latin America and the Caribbean’s income gap (English)
See More +
JUL 01, 2015 97885 Working Paper
Market imperfections exacerbate the gender gap: the case of Malawi (English)
See More +
JUN 10, 2015 WPS7300 Policy Research Working Paper
Smart specialization in Croatia : inputs from trade, innovation, and productivity analysis (English)
See More +
JUN 10, 2015 97477 Publication
Professionalization contracts for small municipal water service providers in India : business model development (English)
See More +
JUN 01, 2015 ACS13859 Working Paper
Institutional change, political economy, and state capabilities : learning from Edo state, Nigeria (English)
See More +
JUN 01, 2015 97600 Working Paper
Openness in trade and investment : putting the debate in Indonesia’s development context - executive summary for policy note on openness, growth, and productivity (English)
See More +
APR 01, 2015 101699 Working Paper
The political economy of decision-making in forestry : using evidence and analysis for reform (English)
See More +
JAN 01, 2015 101750 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
Jobs or privileges : unleashing the employment potential of the Middle East and North Africa (English)
See More +
NOV 16, 2014 92870 Publication
Some simple analytics of trade and labor mobility (English)
See More +
NOV 01, 2014 WPS7089 Policy Research Working Paper
Village political economy, land tenure insecurity, and the rural to urban migration decision : evidence from China (English)
See More +
NOV 01, 2014 WPS7080 Policy Research Working Paper
Medium term business cycles in developing countries (English)
See More +
OCT 01, 2014 92934 Journal Article
Anatomy of a Credit Crunch : From Capital to Labor Markets (English)
See More +
SEP 01, 2014 93753 Journal Article
Macroeconomic implications of aging in East Asia Pacific : demography, labor markets and productivity (English)
See More +
AUG 08, 2014 99401 Working Paper
Political economy of power sector subsidies : a review with reference to Sub-Saharan Africa (English)
See More +
JUL 01, 2014 89547 Working Paper
The return of "patrimonial capitalism" : review of Thomas Piketty's capital in the 21st century (English)
See More +
JUL 01, 2014 WPS6974 Policy Research Working Paper