Economists have either avoided or struggled with the concept of culture and its role in economic development. Although a few theoretical works-and even fewer empirical studies-have appeared in the past decades, this paper tries to build on a multidisciplinary approach to review the evidence on...

How do the different elements in the standard bundle of property rights - such as the right of possession or the right of transfer - differentially impact outcomes, such as urban development? This paper incorporates insecure property rights into a standard model of urban land prices and density,...

In 2008 the Ministry of Finance of the Russian Federation established a Trust Fund to be administered by the World Bank with the goal of advancing financial capability in low-and middle-income countries. This report documents the multiyear effort to develop measures of financial capability and...

This manual is designed to provide guidance to institutions, researchers, and survey firms on how to measure financial capability in middle, and low income countries using a new survey instrument that was developed and tested, from start to finish, in middle- and low-income countries. This new...

This report provides an overview of the conceptual foundations and work program implemented by the World Bank under the Russia Financial Literacy and Education Trust Fund (RTF) generously supported by the Ministry of Finance of the Russian Federation beginning in October 2008. The overall...

How do the different elements in the standard bundle of property rights, including those of possession and transfer, influence the shape of cities? This paper incorporates insecure property rights into a standard model of urban land prices and density, and makes predictions about investment in...

In this paper the authors analyze the relationship between personal opinions about the social security system and levels of informal employment using data from a recent household survey carried out in Bulgaria. They compare different indicators of job informality, focusing on the lack of social...

Economists have either avoided or struggled with the concept of culture and its role in economic development. Although a few theoretical works -- and even fewer empirical studies -- have appeared in the past decades, this paper tries to build on a multidisciplinary approach to review the...