 | How Does Trade Evolve in the Aftermath of Financial Crises? Author/Editor: Abdul Abiad, Petia Topalova, Prachi Mishra. Release Date:January, 2011 We analyze trade dynamics following past episodes of financial crises. Using an augmented gravity model and 179 crisis episodes from 1970-2009, we find that there is a sharp decline in a country’s more...
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 | Monetary Transmission in Low Income Countries Author/Editor: Peter Montiel, Antonio Spilimbergo, Prachi Mishra. Release Date:October, 2010 This paper reviews monetary transmission mechanisms in low-income countries (LICs) to identify aspects of the channels that may operate differently in LICs relative to advanced and emerging more...
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 | Protection for Free? the Political Economy of U.S. Tariff suspensions Author/Editor: Prachi Mishra, Rodney D Ludema, Anna Maria Mayda. Release Date:September, 2010 This paper studies the political influence of individual firms on Congressional decisions to suspend tariffs on U.S. imports of intermediate goods. We develop a model in which firms influence the more...
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 | Democracy and Reforms : Evidence from a New Dataset Author/Editor: Antonio Spilimbergo, Paola Giuliano, Prachi Mishra. Release Date:July, 2010 Empirical evidence on the relationship between democracy and economic reforms is limited to few reforms, countries, and years. This paper studies the impact of democracy on the adoption of economic more...
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 | A Fistful of Dollars : Lobbying and the Financial Crisis Author/Editor: Deniz Igan, Thierry Tressel, Prachi Mishra. Release Date:December, 2009 Using detailed information on lobbying and mortgage lending activities, we find that lenders lobbying more on issues related to mortgage lending (i) had higher loan-to-income ratios, (ii) securitized more...
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 | Exchange Rates and Wages in an Integrated World Author/Editor: Antonio Spilimbergo, Prachi Mishra. Release Date:March, 2009 We analyze how the pass-through from exchange rate to domestic wages depends on the degree of integration between domestic and foreign labor markets. Using data from 66 countries over the period more...
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 | Do Interest Groups Affect U.S. Immigration Policy? Author/Editor: Prachi Mishra, Giovanni Facchini, Anna Maria Mayda. Release Date:October, 2008 While anecdotal evidence suggests that interest groups play a key role in shaping immigration policy, there is no systematic empirical analysis of this issue. In this paper, we construct an more...
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 | Health Aid and Infant Mortality Author/Editor: David Locke Newhouse, Prachi Mishra. Release Date:April, 2007 This paper examines the relationship between health aid and infant mortality, using data from 118 countries between 1973 and 2004. Health aid has a statistically significant effect on infant more...
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 | Policies, Enforcement, and Customs Evasion : Evidence from India Author/Editor: Prachi Mishra, Arvind Subramanian, Petia Topalova. Release Date:March, 2007 We examine the effect of tariff policies on evasion of customs duties, in the context of the trade reform in India of the 1990s. We exploit the variation in tariff rates across time and products to more...
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 | Emigration and Wages in Source Countries : Evidence From Mexico Author/Editor: Prachi Mishra. Release Date:March, 2006 This paper empirically examines the effect on wages in Mexico of Mexican emigration to the United States, using data from the Mexican and United States censuses from 1970-2000. The main result in the more...
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