This paper presents a simple model with financial frictions where inflation increases the cost faced by firms holding liquid assets to hedge risky production against expenditure shocks. Inflation tilts firms' technology choice away from innovative activities and toward safer but return-dominated...

This paper applies an innovative method to estimate poverty in India in the absence of recent expenditure data. The method utilizes expenditure data from 2004-05, 2009-10, and 2011-12 to impute household expenditure into a survey of durable goods expenditure conducted in 2014-15. At the USD 1.90...

This paper presents a new family of Stata functions devoted to small area estimation. Small area methods attempt to solve low representativeness of surveys within areas, or the lack of data for specific areas/sub-populations. This is accomplished by incorporating information from outside...

The international development community has used the World Bank's Statistical Capacity Index since its inception in 2004. The Sustainable Development Goals create new challenges for national statistical systems to produce high-quality and internationally comparable data. This paper reviews...