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Understanding Inflation in Emerging and Developing Economies
Ha, Jongrim - 2019
Emerging market and developing economies (EMDEs) have experienced an extraordinary decline in inflation since the early … 1970s. After peaking in 1974 at 17.3 percent, inflation in these economies declined to 3.5 percent in 2017. Despite a … checkered history of managing inflation among many EMDEs, disinflation occurred across all regions. This paper presents a …
Persistent link: https://www.econbiz.de/10012891491
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Inflation in Low-Income Countries
Ha, Jongrim - 2019
This paper studies the effects of global and domestic inflation shocks on core price inflation in 105 countries between … empirical results indicate that most of the variation in inflation among low-income countries over the past decades is accounted … for by external shocks. More than half of the variation in core inflation rates among low-income countries is due to …
Persistent link: https://www.econbiz.de/10012865446
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Inflation and Indivisible Investment in Developing Economies
Eden, Maya - 2017
projects. McKinnon (1973) illustrates that when cash is used as a primary store of value, inflation may discourage investment … and provides a simple calibration of the model that suggests sizable effects of inflation on investment. The mechanism is … to meet the price of indivisible investment goods. Consistent with the model, empirical evidence suggests that inflation …
Persistent link: https://www.econbiz.de/10012972973
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Charting the Diffusion of Power Sector Reforms Across the Developing World
Foster, Vivien - 2019
Some 25 years have elapsed since international financial institutions espoused a package of power sector reform measures that became known as the Washington Consensus. This package encompassed the establishment of autonomous regulatory entities, the vertical and horizontal unbundling of...
Persistent link: https://www.econbiz.de/10012900698
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When Measure Matters : Coresidency, Truncation Bias, and Intergenerational Mobility in Developing Countries
Emran, M. Shahe - 2017
Biases from truncation caused by coresidency restriction have been a challenge for research on intergenerational mobility. Estimates of intergenerational schooling persistence from two data sets show that the intergenerational regression coefficient, the most widely used measure, is severely...
Persistent link: https://www.econbiz.de/10012969738
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Quality and Accountability in Healthcare Delivery : Audit Evidence from Primary Care Providers in India
Das, Jishnu - 2017
This paper presents direct evidence on the quality of health care in low-income settings using a unique and original set of audit studies, where standardized patients were presented to a nearly representative sample of rural public and private primary care providers in the Indian state of Madhya...
Persistent link: https://www.econbiz.de/10012971525
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A Quarter Century Effort Yet to Come of Age : A Survey of Power Sector Reforms in Developing Countries
Jamasb, Tooraj - 2017
It has been more than two decades since the widespread initiation of global power sector reforms and restructuring. However, empirical evidence on the intended microeconomic, macroeconomic, and quality-related impacts of reforms across developing countries is lacking. This paper comprehensively...
Persistent link: https://www.econbiz.de/10012971529
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Size and Age of Establishments : Evidence from Developing Countries
Ayyagari, Meghana - 2017
Survey data from 120 developing countries are used to examine the relation between establishment size and age in the formal sector. Existing research suggests that manufacturing establishments in developing countries do not grow over time, most likely because of market imperfections and...
Persistent link: https://www.econbiz.de/10012973698
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Can E-Filing Reduce Tax Compliance Costs in Developing Countries?
Yilmaz, Fatih - 2017
The purpose of this study is to investigate the association between electronic filing (e-filing) and the total tax compliance costs incurred by small and medium size businesses in developing countries, based on survey data from South Africa, Ukraine, and Nepal. A priori, most observers expect...
Persistent link: https://www.econbiz.de/10012973897
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Subnational Fiscal Policy in Large Developing Countries : Some Lessons from the 2008-09 Crisis for Brazil, China and India
Fardoust, Shahrokh - 2017
In response to the Great Recession of 2008, many national governments implemented fiscal stimuli packages in 2009 and 2010 to prevent further declines in aggregate demand and to jump start their economic recovery. Where subnational governments responded with fiscal contraction, as in the United...
Persistent link: https://www.econbiz.de/10012974480