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Investment Climate and Employment Growth : The Impact of Access to Finance, Corruption and Regulations Across Firms
Aterido, Reyes - 2011
, business regulations, corruption, and to a lesser extent, infrastructure bottlenecks in explaining patterns of job creation at … growth of all firms, particularly micro and small firms. On the other hand, corruption and poor access to infrastructure …
Persistent link: https://www.econbiz.de/10013126166
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Corruption as a Self-Fulfilling Prophecy : Evidence from a Survey Experiment in Costa Rica
Gingerich, Daniel W. - 2015
An influential body of scholarship argues that corruption behaves as a self-fulfilling prophecy. The idea of this work … is that levels of corruption emerge endogenously as a result of a society-wide coordination game in which the individual … returns to corrupt behavior are a function of how disposed towards corruption the other members of society are perceived as …
Persistent link: https://www.econbiz.de/10013025928
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Do Democracies Breed Rent-Seeking Behavior?
Calderón, César A. - 2011
Using objective institutional historical data we test the link between extent, duration, and transparency in democracies and rent-seeking behavior using time-series and panel data approaches. In this paper we focus on the case of Uruguay, an ethnically homogeneous country. We find three main...
Persistent link: https://www.econbiz.de/10013126333
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Inequality and Institutions
Chong, Alberto - 2011
This paper presents theory and evidence on the relationship between inequality and institutional quality. We propose a model in which the two dynamically reinforce each other and set out to test this relationship with a broad array of institutional measures. We establish double causality between...
Persistent link: https://www.econbiz.de/10013126360
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Are You Being Served? : Political Accountability and Quality of Government
Adserà, Alícia - 2011
levels of public corruption and of effective governance taking place across nations. The first section develops a principal … Kaufmann et al. (1999a); a panel data set for the period 1980-95 and about 100 nations on corruption and bureaucratic quality … based on experts` rankings; and corruption data for the cross-section of US states in the period 1977-95 …
Persistent link: https://www.econbiz.de/10013126446
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Entry and Exit of Banks in Latin America and the Caribbean : Public Policy Concerns and a Proposed Solution
Benston, George J. - 2012
Banking authorities must resolve or otherwise deal with existing banks that are weak or insolvent without imposing costs on consumers or taxpayers. Two aspects of this concern should be delineated. First, how can banking regulations be structured so that the future exit of weak and insolvent...
Persistent link: https://www.econbiz.de/10013114864
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China’s Emergence in the World Economy and Business Cycles in Latin America
Cesa-Bianchi, Ambrogio - 2011
This paper investigates how changes in trade linkages between China, Latin America, and the rest of the world have altered the transmission of international business cycles to Latin America. Evidence based on a GVAR model for five large Latin American economies shows that the long-term impact of...
Persistent link: https://www.econbiz.de/10013117518
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How Will the Food Price Shock Affect Inflation in Latin America and the Caribbean?
Lora, Eduardo A. - 2011
There is widespread concern that recent increases in international food prices may have significant effects on domestic food prices and inflation. This note assesses the impact of the recent food price shock on food, non-food and consumer inflation in the countries of Latin American and the...
Persistent link: https://www.econbiz.de/10013124214
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Social Mobility in Latin America : A Review of Existing Evidence
Azevedo, Viviane M. R. - 2011
This paper reviews evidence on social mobility in Latin America. Several studies have used data sets that collect intergenerational socio economic information. The data, though limited, suggest that social mobility is low in the region, even when compared with low social mobility developed...
Persistent link: https://www.econbiz.de/10013126090
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Crisis Response in Latin America : Is the "Rainy Day" at Hand?
Fernandez-Arias, Eduardo - 2011
This paper examines the countercyclical policy options available to Latin American countries in the face of the current global economic crisis, concluding that most of the major countries in the region appear to possess the fiscal space (as measured by credible fiscal sustainability and debt...
Persistent link: https://www.econbiz.de/10013126092