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Serv??n, Luis
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The Impact of Regulation on Growth and Informality : Cross-Country Evidence
Loayza, Norman V.
;
Ov??edo, Ana Maria
;
Serv??n, Luis
-
2012
The authors study the effects of regulation on economic growth and the relative size of the informal sector in a large sample of industrial and developing countries. Along with firm dynamics, informality is an important channel through which regulation affects macroeconomic performance and...
Persistent link: https://www.econbiz.de/10012554075
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2
Regulation and Macroeconomic Performance
Loayza, Norman V.
;
Oviedo, Ana Maria
;
Serv??n, Luis
-
2012
across the
world
, using a set of newly constructed, comprehensive indicators of regulation in a large number of countries in …
Persistent link: https://www.econbiz.de/10012553937
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3
Greenfield Foreign Direct Investment and Mergers and Acquisitions : Feedback and Macroeconomic Effects
Calder??n, C??sar
;
Loayza, Norman
;
Serv??n, Luis
-
2013
Foreign direct investment (FDI) flows to developing countries surged in the 1990s to become their leading source of external financing. This rise in FDI volume was accompanied by a marked change in its composition: investment taking the form of acquisition of existing assets (mergers and...
Persistent link: https://www.econbiz.de/10012559631
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4
Is Infrastructure Capital Productive? A Dynamic Heterogeneous Approach
Calder??n, C??sar
;
Moral-Benito, Enrique
;
Serv??n, Luis
-
2012
This paper offers an empirical evaluation of the output contribution of infrastructure. Drawing from a large data set on infrastructure stocks covering 88 countries and spanning the years 1960-2000, and using a panel time-series approach, the paper estimates a long-run aggregate production...
Persistent link: https://www.econbiz.de/10012551178
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5
A Normal Relationship? Poverty, Growth, and Inequality
Lopez, J. Humberto
;
Serv??n, Luis
-
2012
Using a large cross-country income distribution dataset spanning close to 800 country-year observations from industrial and developing countries, the authors show that the size distribution of per capita income is well approximated empirically by a lognormal density. The 0 hypothesis that per...
Persistent link: https://www.econbiz.de/10012553640
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6
Country Portfolios
Kraay, Aart
;
Loayza, Norman
;
Serv??n, Luis
-
2013
, production risk and sovereign risk. This model generates a set of country portfolios and a
world
distribution of capital stocks …
Persistent link: https://www.econbiz.de/10012559769
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7
Partial Consumption Insurance and Financial Openness Across the
World
Hevia, Constantino
;
Serv??n, Luis
-
2013
This paper examines the extent of international consumption risk sharing for a group of 50 industrial and developing countries. The analysis is based on the empirical implementation of a model of partial consumption insurance whose parameters have the natural interpretation of coefficients of...
Persistent link: https://www.econbiz.de/10012560086
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