In this paper, we examine how the presence of country insurance schemes affects policymakers'' incentives to undertake … reform in crisis-prone volatile economies. The consequences of country insurance, however, hinge on the nature of the reforms … ultimately discouraged by, insurance. By contrast, ""enhancing"" reforms that pay off more generously in the absence of a crisis …

This paper examines the macroeconomic interaction between informality and gender inequality in the labor market. A … dynamic stochastic general equilibrium model is built to study the impact of gender-targeted policies on female labor force … participation, female formal employment, gender wage gap, as well as on aggregate economic outcomes. The model is estimated using …

This paper argues that sex discrimination is an inefficient practice. We model sex discrimination as the complete …-to-male schooling ratios. Our model predicts a convex relationship between nondiscrimination and growth. Although discrimination is …

ex-ante preparedness is needed to manage the risks. The paper discusses sovereign experience with disaster insurance as a … key instrument to mitigate the risks; proposes ways to judge the adequacy of insurance; and considers ways to enhance its … use by vulnerable countries. The paper especially aims to inform policy decisions on disaster insurance. Through …