Documentos e Relat�rios

Pesquisar/Buscar documentos


  

APRIMORAR POR:

Especifica��o do per�odo do documento

Exibir mais +
  • Mostrando 1 - 20 of 29 resultados
  • Mostrar resultados em grupos de
  • 10
  • 20
  • 50
Fazer download para Excel [x]
Institutional investors and long-term investment : evidence from Chile (Inglês)

Developing countries are trying to develop long-term financial markets and institutional investors are expected to play a key role. This paper uses unique evidence on the universe of institutional investors from the leading case of Chile to study to what extent mutual funds, pension funds, and insurance companies hold and bid for long-term instruments, and which factors affect their choices. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS6922 JUN 01, 2014

Opazo, Luis; Raddatz, Claudio; Schmukler, Sergio L. Disclosed

International asset allocations and capital flows : the benchmark effect (Inglês)

This paper studies channels through which well-known benchmark indexes impact asset allocations and capital flows across countries. The study uses unique monthly micro-level data of benchmark compositions and mutual fund investments during 1996-2012. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS6866 MAY 01, 2014

Raddatz, Claudio; Schmukler, Sergio L.; Williams, Tomas Disclosed

Financial development in Asia : beyond aggregate indicators (Inglês)

This paper documents the major trends in financial development in Asia since the early 1990s and the spillovers to firms. It compares Asia with advanced and emerging countries and uses both aggregate and disaggregate indicators. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS6761 JAN 01, 2014

Didier, Tatiana; Schmukler, Sergio L. Disclosed

Demand collapse or credit crunch to firms ? evidence from the world bank's financial crisis survey in Eastern Europe (Inglês)

While there is a consensus that the 2008-2009 crisis was triggered by financial market disruptions in the United States, there is little agreement on whether the transmission of the crisis and the subsequent prolonged recession are due to credit factors or to a collapse of demand for goods and services. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS6651 OCT 01, 2013

Nguyen, Ha Minh; Qian, Rong Disclosed

The connection between Wall Street and Main Street : measurement and implications for monetary policy (Inglês)

This paper proposes a measure of the extent to which a financial sector is connected to the real economy. The Measure of Connectedness is a measure of the composition of assets, namely the share of credit to the non-financial sectors over the total credit market instruments. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS6667 OCT 01, 2013

Barattieri, Alessandro; Eden, Maya; Stevanovi, Dalibor Disclosed

Partial consumption insurance and financial openness across the world (Inglês)

This paper examines the extent of international consumption risk sharing for a group of 50 industrial and developing countries. The analysis is based on the empirical implementation of a model of partial consumption insurance whose parameters have the natural interpretation of coefficients of partial risk sharing even when the 0 hypothesis of perfect risk sharing is rejected. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS6479 JUN 01, 2013

Hevia, Constantino; Serven, Luis Disclosed

International liquidity rents (Inglês)

This paper presents a model of global liquidity shortages. Liquid claims are enforceable promises that play a transaction role. Since developed economies have a comparative advantage in creating liquidity, they export liquid claims to emerging economies, resulting in a permanent current account deficit. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS6462 MAY 01, 2013

Eden, Maya Disclosed

The financing and growth of firms in China and India : evidence from capital markets (Inglês)

This paper studies the extent to which firms in China and India use capital markets to obtain financing and grow. Using a unique data set on domestic and international capital raising activity and firm performance, it finds that the expansion of financial market activity since the 1990s has been more limited than what the aggregate figures suggest. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS6401 APR 01, 2013

Didier, Tatiana; Schmukler, Sergio L. Disclosed

How firms use domestic and international corporate bond markets (Inglês)

This paper provides the first comprehensive documentation of how firms use domestic and international corporate bond markets. Debt issues in domestic and international markets have different characteristics, not explained by differences across firms or countries. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS6209 SEP 01, 2012

Gozzi, Juan Carlos; Levine, Ross; Martinez Peria, Maria Soledad; Schmukler, Sergio L. Disclosed

Financial globalization in emerging countries : diversification vs. offshoring (Inglês)

Financial globalization has gathered attention since the early 1990s because of its macro-financial implications and growing importance. But financial globalization has taken shape via different forms over time. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS6105 JUN 01, 2012

Ceballos, Francisco; Didier, Tatiana; Schmukler, Sergio L. Disclosed

On the international transmission of shocks : micro-evidence from mutual fund portfolios (Inglês)

Using micro-level data on mutual funds from different financial centers investing in equity and bonds, this paper analyzes how investors and managers behave and transmit shocks across countries. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS6072 MAY 01, 2012

Raddatz, Claudio; Schmukler, Sergio L. Disclosed

Why do some countries default more often than others ? the role of institutions (Inglês)

This paper examines how a country's weak institutions and polarized government can affect the likelihood of its default on sovereign debt. Using a data set of 90 countries, it shows that strong institutions are associated with fewer sovereign default crises. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS5993 MAR 01, 2012

Qian, Rong Disclosed

Collateralized Borrowing : Insights from The World Bank Enterprise Surveys (Inglês)

Using the World Bank Enterprise Surveys, we investigate the prevalence and correlates of collateralized borrowing in 131 countries between 2005-2017. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS6001 MAR 01, 2012

Fan,Yuting; Nguyen,Ha Minh; Qian,Rong Disclosed

Consumption baskets and currency choice in international borrowing (Inglês)

Most emerging markets do not borrow much internationally in their own currency, although doing that has been argued as an attractive insurance mechanism. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS5870 NOV 01, 2011

Bengui, Julien; Nguyen, Ha Minh Disclosed

Gross capital flows : dynamics and crises (Inglês)

This paper analyzes the joint behavior of international capital flows by foreign and domestic agents -- gross capital flows -- over the business cycle and during financial crises. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS5768 AUG 01, 2011

Broner, Fernando; Didier, Tatiana; Erce, Aitor; Schmukler, Sergio L. Disclosed

Deconstructing herding : evidence from pension fund investment behavior (Inglês)

Pension funds have been expected to invest in a wide range of securities and provide liquidity to domestic capital markets since they are the most sophisticated investors, with plenty of resources to gather private information and manage portfolios professionally. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS5700 JUN 01, 2011

Raddatz, Claudio; Schmukler, Sergio L. Disclosed

Over the hedge : exchange rate volatility, commodity price correlations, and the structure of trade (Inglês)

A long empirical literature has examined the idea that, in the absence of hedging mechanisms, currency risk should have an adverse effect on the export volumes of risk averse exporters. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS5590 MAR 01, 2011

Raddatz, Claudio Disclosed

Sudden stops and financial frictions : evidence from industry level data (Inglês)

The nature of the microeconomic frictions that transform sudden stops in output collapses is not only of academic interest, but also crucial for the correct design of policy responses to prevent and address these episodes and the lack of evidence on this regard is an important shortcoming. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS5605 MAR 01, 2011

Cowan, Kevin; Raddatz, Claudio Disclosed

Global imbalances before and after the global crisis (Inglês)

This paper surveys the academic and policy debate on the roots of global imbalances, their role in the inception of the global crisis, and their prospects in its aftermath. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS5354 JUN 01, 2010

Serven, Luis; Nguyen, Ha Minh Disclosed

When the rivers run dry : liquidity and the use of wholesale funds in the transmission of the U.S. subprime crisis (Inglês)

This paper provides systematic evidence of the role of banks' reliance on wholesale funding in the international transmission of the ongoing financial crisis. ... Exibir mais +

Documento de trabalho sobre pesquisa de políticas WPS5203 FEB 01, 2010

Raddatz, Claudio Disclosed

T�tulo Data do documento Relat�rio N�. Qualquer tipo de documento Also available in
Institutional investors and long-term investment : evidence from Chile (Inglês)
Exibir mais +
JUN 01, 2014 WPS6922 Documento de trabalho sobre pesquisa de políticas
International asset allocations and capital flows : the benchmark effect (Inglês)
Exibir mais +
MAY 01, 2014 WPS6866 Documento de trabalho sobre pesquisa de políticas
Financial development in Asia : beyond aggregate indicators (Inglês)
Exibir mais +
JAN 01, 2014 WPS6761 Documento de trabalho sobre pesquisa de políticas
Demand collapse or credit crunch to firms ? evidence from the world bank's financial crisis survey in Eastern Europe (Inglês)
Exibir mais +
OCT 01, 2013 WPS6651 Documento de trabalho sobre pesquisa de políticas
The connection between Wall Street and Main Street : measurement and implications for monetary policy (Inglês)
Exibir mais +
OCT 01, 2013 WPS6667 Documento de trabalho sobre pesquisa de políticas
Partial consumption insurance and financial openness across the world (Inglês)
Exibir mais +
JUN 01, 2013 WPS6479 Documento de trabalho sobre pesquisa de políticas
International liquidity rents (Inglês)
Exibir mais +
MAY 01, 2013 WPS6462 Documento de trabalho sobre pesquisa de políticas
The financing and growth of firms in China and India : evidence from capital markets (Inglês)
Exibir mais +
APR 01, 2013 WPS6401 Documento de trabalho sobre pesquisa de políticas
How firms use domestic and international corporate bond markets (Inglês)
Exibir mais +
SEP 01, 2012 WPS6209 Documento de trabalho sobre pesquisa de políticas
Financial globalization in emerging countries : diversification vs. offshoring (Inglês)
Exibir mais +
JUN 01, 2012 WPS6105 Documento de trabalho sobre pesquisa de políticas
On the international transmission of shocks : micro-evidence from mutual fund portfolios (Inglês)
Exibir mais +
MAY 01, 2012 WPS6072 Documento de trabalho sobre pesquisa de políticas
Why do some countries default more often than others ? the role of institutions (Inglês)
Exibir mais +
MAR 01, 2012 WPS5993 Documento de trabalho sobre pesquisa de políticas
Collateralized Borrowing : Insights from The World Bank Enterprise Surveys (Inglês)
Exibir mais +
MAR 01, 2012 WPS6001 Documento de trabalho sobre pesquisa de políticas
Consumption baskets and currency choice in international borrowing (Inglês)
Exibir mais +
NOV 01, 2011 WPS5870 Documento de trabalho sobre pesquisa de políticas
Gross capital flows : dynamics and crises (Inglês)
Exibir mais +
AUG 01, 2011 WPS5768 Documento de trabalho sobre pesquisa de políticas
Deconstructing herding : evidence from pension fund investment behavior (Inglês)
Exibir mais +
JUN 01, 2011 WPS5700 Documento de trabalho sobre pesquisa de políticas
Over the hedge : exchange rate volatility, commodity price correlations, and the structure of trade (Inglês)
Exibir mais +
MAR 01, 2011 WPS5590 Documento de trabalho sobre pesquisa de políticas
Sudden stops and financial frictions : evidence from industry level data (Inglês)
Exibir mais +
MAR 01, 2011 WPS5605 Documento de trabalho sobre pesquisa de políticas
Global imbalances before and after the global crisis (Inglês)
Exibir mais +
JUN 01, 2010 WPS5354 Documento de trabalho sobre pesquisa de políticas
When the rivers run dry : liquidity and the use of wholesale funds in the transmission of the U.S. subprime crisis (Inglês)
Exibir mais +
FEB 01, 2010 WPS5203 Documento de trabalho sobre pesquisa de políticas