 | China's Rebalancing and Gender Inequality Author/Editor: Mariya Brussevich, Era Dabla-Norris, Bin Grace Li. Release Date:May, 2021 This paper examines gender inequality in the context of structural transformation and rebalancing in China. We document declining women's relative wages and labor force participation in China during more...
| Price: $18.00
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| Two-Sided Market, R&D and Payments System Evolution Author/Editor: Bin Grace Li, James McAndrews, Zhu Wang. Release Date:March, 2019 It takes many years for more efficient electronic payments to be widely used, and the fees that merchants (consumers) pay for using those services are increasing (decreasing) over time. We address more...
| Price: $18.00
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| The Macroeconomic (and Distributional) Effects of Public Investment in Developing Economies Author/Editor: Davide Furceri, Bin Grace Li. Release Date:October, 2017 This paper provides new empirical evidence of the macroeconomic effects of public investment in developing economies. Using public investment forecast errors to identify unanticipated changes in more...
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| Investing in Public Infrastructure : Roads or Schools? Author/Editor: Manoj Atolia, Bin Grace Li, Ricardo Marto, Giovanni Melina. Release Date:May, 2017 Why do governments in developing economies invest in roads and not enough in schools? In the presence
of distortionary taxation and debt aversion, the different pace at which roads and schools more...
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 | Macro-Structural Policies and Income Inequality in Low-Income Developing Countries Author/Editor: Stefania Fabrizio, Davide Furceri, Rodrigo Garcia-Verdu, Bin Grace Li, Sandra V Lizarazo Ruiz, Marina Mendes Tavares, Futoshi Narita, Adrian Peralta-Alva. Release Date:January, 2017 Despite sustained economic growth and rapid poverty reductions, income inequality remains stubbornly high in many low-income developing countries. This pattern is a concern as high levels of more...
| Price: $10.00
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| VAR meets DSGE : Uncovering the Monetary Transmission Mechanism in Low-Income Countries Author/Editor: Bin Grace Li, Stephen A O'Connell, Christopher Adam, Andrew Berg, Peter Montiel. Release Date:April, 2016 VAR methods suggest that the monetary transmission mechanism may be weak and unreliable in
low-income countries (LICs). But are structural VARs identified via short-run restrictions more...
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| Macroeconomic Dimensions of Public-Private Partnerships Author/Editor: Edward F Buffie, Michele Andreolli, Bin Grace Li, Luis-Felipe Zanna. Release Date:March, 2016 The voluminous literature comparing public-private partnerships (P3s) and own-investment
(OI) by the public sector is dominated by contributions from microeconomic theory. This
paper more...
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| Innovation, Deregulation, and the Life Cycle of a Financial Service Industry Author/Editor: Fumiko Hayashi, Bin Li, Zhu Wang. Release Date:August, 2015 This paper examines innovation, deregulation, and firm dynamics over the life cycle of theU.S. ATM and debit card industry. In doing so, we construct a dynamic equilibrium model tostudy how a major more...
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| From Natural Resource Boom to Sustainable Economic Growth : Lessons for Mongolia Author/Editor: Pranav Gupta, Bin Li, Jiangyan Yu. Release Date:April, 2015 Some resource-rich developing countries are in the process of harnessing immense mining resources towards inclusive growth and prosperity. Nevertheless, tapping into natural resources could be more...
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| Creditless Recoveries Author/Editor: Abdul Abiad, Giovanni Dell'Ariccia, Bin Li. Release Date:March, 2011 Recoveries that occur in the absence of credit growth are often dubbed miracles and named after mythical creatures. Yet these are not rare animals, and are not always miracles. About one out of five more...
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