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Patterns and Drivers of Health Spending Efficiency

Author/Editor: Mercedes Garcia-Escribano, Pedro Juarros, Tewodaj Mogues.

Release Date:March, 2022

Demands for ramping up health expenditures are at an all-time high. Countries' needs for additional health resources include responding to the COVID-19 pandemic, closing gaps in achieving the more...



Price: $5.00
Fiscal Policy and Development : Human, Social, and Physical Investments for the SDGs

Author/Editor: Vitor Gaspar, David Amaglobeli, Mercedes Garcia-Escribano, Delphine Prady, Mauricio Soto.

Release Date:January, 2019

The goal of this paper is to estimate the additional annual spending required for meaningful progress on the SDGs in these areas. Our estimates refer to additional spending in 2030, relative to a more...



Price: $10.00
Fiscal Implications of Government Wage Bill Spending

Author/Editor: Kamil Dybczak, Mercedes Garcia-Escribano.

Release Date:January, 2019

This paper discusses the short- and medium-term fiscal implications of government wage bill spending. Working with a sample of 137 advanced, emerging and low-income countries, we use a panel VAR more...



Price: $18.00
Expenditure Assessment Tool

Author/Editor: Candice Y Liu, Mercedes Garcia-Escribano.

Release Date:April, 2017

This manual presents the Expenditure Assessment Tool (EAT), which helps assess expenditures for any specific country. EAT uses the commonly available software program Excel and has been designed by more...



Price: $10.00
Spillovers from U.S. Monetary Policy Normalization on Brazil and Mexico's Sovereign Bond Yields

Author/Editor: Carlos Góes, Herman Kamil, Phil De Imus, Mercedes Garcia-Escribano, Roberto Perrelli, Shaun K Roache, Jeremy Zook.

Release Date:March, 2017

This paper examines the transmission of changes in the U.S. monetary policy to localcurrency sovereign bond yields of Brazil and Mexico. Using vector error-correction models, we find that the U.S. more...



Price: $18.00
Credit Expansion in Emerging Markets : Propeller of Growth?

Author/Editor: Mercedes Garcia-Escribano, Fei Han.

Release Date:September, 2015

This paper explores the contribution of credit growth and the composition of credit portfolio (corporate, consumer, and housing credit) to economic growth in emerging market economies (EMs). Using more...



Price: $18.00
Filling the Gap : Infrastructure Investment in Brazil

Author/Editor: Mercedes Garcia-Escribano, Carlos Góes, Izabela Karpowicz.

Release Date:July, 2015

Infrastructure bottlenecks have been identified as a key obstacle to growth affectingproductivity and market efficiency, and hindering domestic integration and export performance.This paper assesses more...



Price: $18.00
Monetary Transmission in Brazil: Has the Credit Channel Changed?

Author/Editor: Mercedes Garcia-Escribano.

Release Date:December, 2013

This paper investigates the transmission of monetary policy by private banks in Brazil during the recent easing cycle. The analysis presented uses a panel dataset with information on lending by more...



Price: $18.00
Credit Growth and the Effectiveness of Reserve Requirements and Other Macroprudential Instruments in Latin America

Author/Editor: Camilo Ernesto Tovar Mora, Mercedes Garcia-Escribano, Mercedes Vera Martin.

Release Date:June, 2012

Over the past decade policy makers in Latin America have adopted a number of macroprudential instruments to manage the procyclicality of bank credit dynamics to the private sector and contain more...



Price: $18.00
Policy Instruments to Lean Against the Wind in Latin America

Author/Editor: G. Terrier, Rodrigo O. Valdes, Camilo Ernesto Tovar Mora, Jorge A. Chan-Lau, Carlos Fernandez Valdovinos, Mercedes Garcia-Escribano, Carlos I. Medeiros, Man-Keung Tang, Mercedes Vera Martin, W. Christopher Walker.

Release Date:July, 2011

This paper reviews policy tools that have been used and/or are available for policy makers in the region to lean against the wind and review relevant country experiences using them. The instruments more...



Price: $18.00
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