1. Understanding Poverty

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  • Gender equality and economic growth in Brazil (English)

    This note studies the long-run impacts of policies aimed at fostering gender equality on economic growth in Brazil. After a brief review of gender issues in Brazil, this note describes a framework for...

    Document Type: Brief Report No.: 75835 Document Date: March 1, 2013 Disclosure Status: Disclosed Author: Agenor, Pierre-Richard, Canuto, Otaviano

  • Financial sector inefficiencies and the debt Laffer curve (English)

    The authors analyze the implications of inefficient financial intermediation for dbt management, using a model in which firms rely on bank credit to finance their working capital needs, and, lenders face...

    Document Type: Policy Research Working Paper Report No.: WPS2842 Document Date: May 31, 2002 Disclosure Status: Author: Agenor, Pierre-Richard,Aizenman, Joshua

  • The credit crunch in East Asia : what can bank excess liquid assets tell us ? (English)

    The authors propose a two-step approach for assessing the extent to which the fall in credit in crisis-stricken East Asian countries was a supply- or demand-induced phenomenon. The first step involves...

    Document Type: Policy Research Working Paper Report No.: WPS2483 Document Date: November 30, 2000 Disclosure Status: Author: Agenor, Pierre-Richard,Aizenman, Joshua,Hoffmais

  • Savings and the terms of trade under borrowing constraints (English)

    The authors examine the extent to which permanent terms-of-trade shocks have an asymmetric effect on private savings. Using a simple three-period model, they show that if households expect to face binding...

    Document Type: Policy Research Working Paper Report No.: WPS2381 Document Date: June 30, 2000 Disclosure Status: Author: Agenor, Pierre-Richard,Aizenman, Joshua

  • Disinflation and the supply side (English)

    The authors study the dynamics of output, consumption, and real wages induced by a disinflation program based on permanent and temporary reductions in the nominal devaluation rate. They use an intertemporal...

    Document Type: Policy Research Working Paper Report No.: WPS2304 Document Date: March 31, 2000 Disclosure Status: Author: Agenor, Pierre-Richard,Lodovico, Pizzati

  • Contagion, bank lending spreads, and output fluctuations (English)

    The authors study how contagion affects bank lending spreads and fluctuations in output in Argentina. They analyze what determines bank lending spreads when verification and enforcement costs for loan...

    Document Type: Policy Research Working Paper Report No.: WPS2186 Document Date: September 30, 1999 Disclosure Status: Disclosed Author: Aizenman, Joshua,Hoffmais,Agenor, Pierre-Richard

  • Volatility and the welfare costs of financial market integration (English)

    The authors examine the effect of volatility on the costs and benefits of financial market integration. The authors use a basic framework that combines the costly state verification model and the contract...

    Document Type: Policy Research Working Paper Report No.: WPS1974 Document Date: September 30, 1998 Disclosure Status: Author: Agenor, Pierre-Richard,Aizenman, Joshua