This paper investigates an array of nominal systems for the Polish economy, of domestic price level, import prices, exchange rates, money stock, nominal wages, and real output, and conducts I(1) and I(2) cointegration analyses. Post-stabilization monthly data are used, 1991:5-1999:12. A test for...

This paper brings together the main findings and policy implications of two recent World Bank regional reports on economic growth in Latin America and the Caribbean: Araujo, Vostroknutova, Wacker and Clavijo, editions. (2016) and Araujo, Vostroknutova, Brueckner, Clavijo, and Wacker (2016). In...

Acknowledgments -- Executive summary -- Overview / Jorge Thompson Araujo, Ekaterina Vostroknutova, Konstantin M. Wacker, and Mateo Clavijo -- The Latin American efficiency gap -- Reconciling micro- and macro-based estimates of technology adoption lags in a model of endogenous technology adoption...