 | Trade, Jobs, and Inequality Author/Editor: Kimberly Beaton, Valerie Cerra, Metodij Hadzi-Vaskov. Release Date:July, 2021 This paper examines the impact of trade on employment, wages, and other outcomes across countries and explores the conditions and policies that help spread the gains from trade more evenly throughout more...
| Price: $5.00
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| Financial Crises, Investment Slumps, and Slow Recoveries Author/Editor: Valerie Cerra, Mai Hakamada, Ruy Lama. Release Date:June, 2021 One of the most puzzling facts in the wake of the Global Financial Crisis (GFC) is that output across advanced and emerging economies recovered at a much slower rate than anticipated by most more...
| Price: $20.00
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| Links Between Growth, Inequality, and Poverty: A Survey Author/Editor: Valerie Cerra, Ruy Lama, Norman Loayza. Release Date:March, 2021 Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and more...
| Price: $18.00
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| Trade and Inclusive Growth Author/Editor: Marc Bacchetta, Valerie Cerra, Roberta Piermartini, Maarten Smeets. Release Date:March, 2021 This paper surveys the literature on the relationship between international trade and inclusive growth. It examines claims that the rise in inequality in many countries can be attributed to the more...
| Price: $18.00
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| Hysteresis and Business Cycles Author/Editor: Valerie Cerra, A Fatas, Sweta Chaman Saxena. Release Date:May, 2020 Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” more...
| Price: $18.00
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| Booms, Crises, and Recoveries: A New Paradigm of the Business Cycle and its Policy Implications Author/Editor: Valerie Cerra, Sweta Chaman Saxena. Release Date:November, 2017 All types of recessions, on average, not just those associated with financial and political crises (as in Cerra and Saxena, AER 2008), lead to permanent output losses. These findings have more...
| Price: $18.00
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| Launching Export Accelerations in Latin America and the World Author/Editor: Valerie Cerra, Martha Tesfaye Woldemichael. Release Date:March, 2017 This paper investigates the determinants of sustained accelerations in goods and services exports. Strong predictors of export takeoffs include domestic and structural indicators such as lower more...
| Price: $18.00
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| Highways to Heaven : Infrastructure Determinants and Trends in Latin America and the Caribbean Author/Editor: Valerie Cerra, Alfredo Cuevas, Carlos Góes, Izabela Karpowicz, Troy D Matheson, Issouf Samaké, Svetlana Vtyurina. Release Date:September, 2016 Inadequate infrastructure has been widely viewed as a principal barrier to growth and development in Latin America and the Caribbean. This paper provides a comprehensive overview of infrastructure in more...
| Price: $18.00
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| Inflation and the Black Market Exchange Rate in a Repressed Market : A Model of Venezuela Author/Editor: Valerie Cerra. Release Date:August, 2016 This paper presents a stylized general equilibrium model of the Venezuelan economy. The model explains how the recent sharp fall in oil revenue combines with foreign exchange rationing to produce a more...
| Price: $18.00
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| International Evidence on Recovery from Recessions Author/Editor: Valerie Cerra, Sweta Chaman Saxena, Ugo Panizza. Release Date:August, 2009 Although negative shocks have persistent effects on output on average, this paper shows that macroeconomic policies and the structure of the economy can influence the speed of recovery and mitigate more...
| Price: $18.00
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