Narrow search
Showing 1 - 10 of 109
Cover Image
Innovation and Productivity - Evidence from Six Latin American Countries
Crespi, Gustavo; Zuniga, Pluvia - Inter-American Development Bank - 2010
This study examines the determinants of technological innovation and its impact on firm labor productivity across six … technological advances, and those that innovate have greater labor productivity than those that do not. Yet firm-level determinants … productivity, however, highlight the importance of innovation in enabling firms to improve economic performance and catch up. …
Persistent link: https://www.econbiz.de/10008677811
Cover Image
Transition to a functional financial safety net in Latin America : paper prepared for the Inter-American Development Bank Conference on "Safe and Sound Financial Systems: What Work...
Garber, Peter M. - Conference "Safe and Sound Financial Systems: What … - 1997
The basic worldwide financial safety net architecture provides for a system of similar institutions: a lender of last resort, deposit insurance, and prudential regulation. In countries whose banking systems suffer seriously from negative capital positions and overbanking, such as in some Latin...
Persistent link: https://www.econbiz.de/10011543262
Cover Image
How should financial institutions and markets be structured? : analysis and options for financial system design ; prepared for "Safe and sound financial systems: what works for Lat...
Kaufman, George G.; Kroszner, Randall S. - Conference "Safe and Sound Financial Systems: What … - 1997
This paper analyzes the consequences of alternative financial structures for financial efficiency and stability. The focus is on the organizational structure of banks. Alternative bank structures range from "narrow banks" to broad "universal banks". Each banking structure is assessed in its...
Persistent link: https://www.econbiz.de/10011541581
Cover Image
Innovation, R&D Investment and Productivity: Uruguayan Manufacturing Firms
Cassoni, Adriana; Ramada, Magdalena - Inter-American Development Bank - 2010
innovation were found to be significant, promoting a non-negligible acceleration of labor productivity gains. However, the … respect to products on labor productivity. However, the degree of novelty of process innovation is significantly inferior to …
Persistent link: https://www.econbiz.de/10008598655
Cover Image
Financial markets and the behavior of private savings in Latin America : prepared for the IDB-OECD Conference on "Promoting savings in Latin America" held in Paris on November 7 an...
Rojas-Suárez, Liliana; Weisbrod, Steven R. - Conference on Promoting Savings in Latin America <1996, …; … - 1997 - December 1996 (revised)
This paper complements previous studies by arguing that the low private savings ratio in Latin America can be associated with the limited confidence of households and businesses in domestic financial institutions. Previous studies have established a relationship between private savings and...
Persistent link: https://www.econbiz.de/10011540965
Cover Image
Innovation and Productivity in the Argentine Manufacturing Sector
Arza, Valeria; Lopez, Andres - Inter-American Development Bank - 2010
productivity and the realities of innovative activities in developing countries. Panel data for Argentina during the period 1998 … process innovation, which in turn explains labor productivity. The endogeneity of this three-stage process is controlled for … innovation, and both are important factors to explain labor productivity. Moreover, investing systematically in R&D implies an …
Persistent link: https://www.econbiz.de/10008490270
Cover Image
Intraday Margining of Central Counterparties: EU Practice and a Theoretical Evaluation of Benefits and Costs
Wendt, Froukelien - de Nederlandsche Bank - 2006
Intraday margin is a generally accepted risk management tool of central counterparties to cover increased risk exposure during the day. Central counterparties may call for intraday margin on a routine basis, but also in case of extreme price volatility or large changes in positions of clearing...
Persistent link: https://www.econbiz.de/10005021832
Cover Image
Microfoundations of Two-sided Markets: The Payment Card Example
McAndrews, James; Wang, Zhu - de Nederlandsche Bank - 2007
This paper provides a theory of two-sided market dynamics with arguably better microfoundations. These alternative microfoundations focus on observable heterogeneities of both sides of the market in a competitive framework. The theory is rich in empirical predictions and is less dependent on a...
Persistent link: https://www.econbiz.de/10005021829
Cover Image
Must-Take Cards and the Tourist Test
Rochet, Jean-Charles; Tirole, Jean - de Nederlandsche Bank - 2007
Antitrust authorities often argue that merchants cannot reasonably turn down payment cards and therefore are forced to accept unacceptably high merchant discounts. The paper attempts to shed light on this must-take cards view from two angles. First, the paper gives some operational content to...
Persistent link: https://www.econbiz.de/10005021836
Cover Image
Business-Government Interaction in Policy Councils in Latin America - Cheap Talk, Expensive Exchanges, or Collaborative Learning?
Schneider, Ben Ross - Inter-American Development Bank - 2010
While effective industrial policy requires close cooperation between government and business, there is little agreement on what makes that cooperation work best. This paper analyzes institutional arrangements for public-private cooperation and the character of private sector representation....
Persistent link: https://www.econbiz.de/10008677815