financial crises in the late 1990s: Brazil, Russia, and Thailand. Our findings indicate that financial turbulence in these …, spillovers are confined to countries in the same region. We also find that fragility in institutions in the financial centers is … at the core of global spillovers while economic and monetary policy news contributes to regional spillovers …

We examine the impact of piped water on the under-1 infant mortality rate (IMR) in Brazil using a novel econometric … procedure for the estimation of quantile treatment effects with panel data. The provision of piped water in Brazil is highly …

aggregate ITN use resulting from means-tested subsidies in the presence of such spatial spillovers. Accounting for spillovers … the neighborhood, ignoring spillovers may over- or under-predict overall ITN use resulting from a specific targeting rule … of the subsidy incidence and (iii) ignoring spillovers implies a nearly-linear increasing relationship leading to over …

restrictions generated significant spillovers, especially in the post-2008 environment of abundant global liquidity. We also find … evidence of a domestic policy response to foreign capital control changes in countries that are affected by these spillovers …

instruments to study international spillovers of prudential policy changes and their effects on bank lending growth. The … bank lending. Second, international spillovers vary across prudential instruments and are heterogeneous across banks. Bank …-specific factors like balance sheet conditions and business models drive the amplitude and direction of spillovers to lending growth …

that the R&D generated by the tax policy creates positive spillovers on the innovations of techno-logically related firms …

behavior. Scale also brings challenges. Spatial spillovers in dense networks introduce bias and complicate variance estimation …