Luis Servén : Citation Profile


Centro de Estudios Monetarios y Financieros (CEMFI)

30

H index

62

i10 index

4168

Citations

RESEARCH PRODUCTION:

41

Articles

123

Papers

9

Books

5

Chapters

EDITOR:

3

Books edited

RESEARCH ACTIVITY:

   36 years (1989 - 2025). See details.
   Cites by year: 115
   Journals where Luis Servén has often published
   Relations with other researchers
   Recent citing documents: 192.    Total self citations: 62 (1.47 %)

MORE DETAILS IN:
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   Permalink: http://citec.repec.org/pse75
   Updated: 2026-01-03    RAS profile: 2025-09-03    
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Relations with other researchers


Works with:

Marrero, Gustavo (3)

Schiantarelli, Fabio (3)

Pascali, Luigi (3)

Orea, Luis (2)

Avdjiev, Stefan (2)

Hardy, Bryan (2)

Álvarez, Inmaculada (2)

Authors registered in RePEc who have co-authored more than one work in the last five years with Luis Servén.

Is cited by:

Asongu, Simplice (58)

Aizenman, Joshua (39)

Schmukler, Sergio (38)

Levy Yeyati, Eduardo (25)

Frankel, Jeffrey (24)

Cavallo, Eduardo (24)

Nwachukwu, Jacinta (22)

Horioka, Charles (22)

Noy, Ilan (20)

Ragot, Xavier (19)

Schmidt-Hebbel, Klaus (19)

Cites to:

Easterly, William (44)

Milesi-Ferretti, Gian Maria (42)

Schmidt-Hebbel, Klaus (39)

Reinhart, Carmen (35)

Barro, Robert (35)

Loayza, Norman (34)

Pesaran, Mohammad (34)

Obstfeld, Maurice (33)

Frankel, Jeffrey (31)

Kraay, Aart (28)

Estache, Antonio (28)

Main data


Where Luis Servén has published?


Journals with more than one article published# docs
The World Bank Research Observer6
Journal of Development Economics5
The Review of Economics and Statistics4
The World Bank Economic Review3
Journal of International Money and Finance3
Journal of the European Economic Association2
Annals of Economics and Finance2
World Development2
Journal of International Economics2
Journal of African Economies2

Working Papers Series with more than one paper published# docs
Policy Research Working Paper Series / The World Bank61
Working Papers Central Bank of Chile / Central Bank of Chile12
NBER Working Papers / National Bureau of Economic Research, Inc8
World Bank Publications - Reports / The World Bank Group4
CEPR Discussion Papers / C.E.P.R. Discussion Papers4
Working Papers / Banco de Espaa3
Research Department Publications / Inter-American Development Bank, Research Department2
IZA Discussion Papers / Institute of Labor Economics (IZA)2
Working Papers / ECINEQ, Society for the Study of Economic Inequality2
Boston College Working Papers in Economics / Boston College Department of Economics2

Recent works citing Luis Servén (2025 and 2024)


YearTitle of citing document
2024Impact of the Logistics Sector on Polands Economic Growth 2018-2022. (2024). Pyra, Mariusz. In: Economic and Regional Studies (Studia Ekonomiczne i Regionalne). RePEc:ags:plecrs:342848.

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2025Linear Transformation Method in the Formation of the Personal Income Tax Scale in Russia. (2025). Gafarova, Leisan A. In: Journal of Tax Reform. RePEc:aiy:jnljtr:v:11:y:2025:i:1:p:100-120.

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2024The Asymmetric Effects of Commodity Price Shocks in Emerging Economies. (2024). Vicondoa, Alejandro ; Gazzani, Andrea Giovanni ; Herrera, Vicente. In: Working Papers. RePEc:aoz:wpaper:311.

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2024.

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2025Unveiling National Competitiveness: Drivers and Impacts on Productivity. (2025). Skenderi, Nagip ; Krasniqi, Syle. In: Economic Studies journal. RePEc:bas:econst:y:2025:i:1:p:3-21.

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2024Vector Error Correction Models with Stationary and Nonstationary Variables. (2024). Chen, PU. In: Economic Analysis Letters. RePEc:bba:j00004:v:3:y:2024:i:2:p:34-47:d:299.

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2025The risk sensitivity of global liquidity flows: heterogeneity, evolution and drivers. (2025). Schiaffi, Stefano ; Gambacorta, Leonardo ; Avdjiev, Stefan ; Goldberg, Linda S. In: Questioni di Economia e Finanza (Occasional Papers). RePEc:bdi:opques:qef_973_25.

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2025The risk sensitivity of global liquidity flows: Heterogeneity, evolution and drivers. (2025). Schiaffi, Stefano ; Gambacorta, Leonardo ; Goldberg, Linda S ; Avdjiev, Stefan. In: BIS Working Papers. RePEc:bis:biswps:1262.

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2024Exchange rate uncertainty and economic fluctuations in typical emerging economies. (2024). Ba, Nguyen. In: HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE - ECONOMICS AND BUSINESS ADMINISTRATION. RePEc:bjw:econen:v:14:y:2024:i:1:p:88-103.

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2024American financial hegemony, global capital cycles, and the macroeconomic growth environment. (2024). Winecoff, William K ; Ba, Heather. In: Economics and Politics. RePEc:bla:ecopol:v:36:y:2024:i:1:p:334-372.

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2024Fiscal policy under constraints: Fiscal capacity and austerity during the Great Depression. (2024). Papadia, Andrea. In: Economic History Review. RePEc:bla:ehsrev:v:77:y:2024:i:1:p:90-118.

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2024Intangible Capital as a Driver of Labor Productivity in Regions and Industries: Evidence of the Spanish Case. (2024). Gumbaualbert, Mercedes. In: Growth and Change. RePEc:bla:growch:v:55:y:2024:i:4:n:e12738.

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2024Revisiting the resource curse: Does volatility matter?. (2024). Kirat, Yassine. In: Kyklos. RePEc:bla:kyklos:v:77:y:2024:i:4:p:944-976.

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2024Are pro‐productivity policies fit for purpose?. (2024). Pilat, Dirk ; de Vries, Klaas ; van Ark, Bart. In: Manchester School. RePEc:bla:manchs:v:92:y:2024:i:2:p:191-208.

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2024Driving economic growth in African countries: Do Chinese OFDI sectors matter?. (2024). Shunqi, GE ; Fambo, Houlda. In: Social Science Quarterly. RePEc:bla:socsci:v:105:y:2024:i:3:p:726-743.

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2024African continental free trade area and greenfield investment: Likely effect and transmission channels. (2024). Shingal, Anirudh ; Mendezparra, Maximiliano. In: The World Economy. RePEc:bla:worlde:v:47:y:2024:i:8:p:3364-3393.

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2024The Fiscal Multiplier of Public Investment: The Role of Corporate Balance Sheet. (2024). Mouhamadou, SY ; Juliana, Gamboa-Arbelaez ; Raphael, Espinoza. In: The B.E. Journal of Macroeconomics. RePEc:bpj:bejmac:v:24:y:2024:i:1:p:489-527:n:9.

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2025The Dynamics of Informality and Fiscal Policy under Sovereign Risk. (2025). Pappadà, Francesco ; Zylberberg, Yanos ; Pappada, Francesco. In: Bristol Economics Discussion Papers. RePEc:bri:uobdis:25/795.

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2024Geopolitical Risks and Their Impact on Global Macro-Financial Stability: Literature and Measurements. (2024). Ngo, Ngoc Anh ; Malovana, Simona ; Hodula, Martin ; Janku, Jan. In: Working Papers. RePEc:cnb:wpaper:2024/8.

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2024Welfare Accounting. (2024). Schaab, Andreas ; Dvila, Eduardo. In: Cowles Foundation Discussion Papers. RePEc:cwl:cwldpp:2412.

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2025U.S. Infrastructure: 1929-2023. (2025). Fair, Ray C. In: Cowles Foundation Discussion Papers. RePEc:cwl:cwldpp:2422.

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2025El Ciclo Económico: Una Pieza en el Rompecabezas de los Jóvenes que Ni Estudian Ni Trabajan en América Latina. (2025). Gluzmann, Pablo ; Velaazquez, Cecilia ; Tornarolli, Leopoldo. In: CEDLAS, Working Papers. RePEc:dls:wpaper:0357.

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2024Household Saving in Japan: The Past, Present, and Future. (2024). Horioka, Charles. In: ISER Discussion Paper. RePEc:dpr:wpaper:1264.

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2024Investment Amid Uncertainty: Exchange Rates and Oil Price Dynamics in Saudi Arabia. (2024). Asab, Noura Abu. In: International Journal of Energy Economics and Policy. RePEc:eco:journ2:2024-06-63.

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2024Does cross-border M&A improve merging firms’ domestic performances?. (2024). Kim, Young-Han ; Son, Sunghyun. In: Journal of Asian Economics. RePEc:eee:asieco:v:90:y:2024:i:c:s1049007823001161.

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2024The long-term economic impact of water quality: Evidence from rural drinking water program in China. (2024). Tan, Ying ; Liu, Yingjie ; Zhang, Xun. In: Journal of Asian Economics. RePEc:eee:asieco:v:94:y:2024:i:c:s1049007824000915.

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2024Religion and household saving behavior. (2024). Lee, Junyong ; Hong, Seiwoong ; Shin, Donglim ; Oh, Frederick Dongchuhl. In: Journal of Behavioral and Experimental Finance. RePEc:eee:beexfi:v:44:y:2024:i:c:s221463502400114x.

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2025The impact of the global financial cycle on Chinas cross-border capital flows. (2025). Wang, Hao ; Fan, Lifu ; Huang, Yang ; He, Xuan. In: China Economic Review. RePEc:eee:chieco:v:91:y:2025:i:c:s1043951x25000367.

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2025Persistent yet ameliorable shocks to female entrepreneurship: Experimental evidence from Kenya. (2025). Campos, Francisco ; Hernandez-De, Maria ; Jamison, Julian C ; Safir, Abla ; Zia, Bilal. In: Journal of Development Economics. RePEc:eee:deveco:v:177:y:2025:i:c:s0304387825000975.

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2025The role of international reserves in sovereign debt restructuring under fiscal adjustment. (2025). Tavares, Tiago. In: Journal of Economic Dynamics and Control. RePEc:eee:dyncon:v:174:y:2025:i:c:s0165188925000466.

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2024Urban–Rural heterogeneity in the effect of population ageing on the savings rate of urban and rural households in China. (2024). Du, Xuyang ; Mohd, Saidatulakmal. In: Economic Analysis and Policy. RePEc:eee:ecanpo:v:82:y:2024:i:c:p:999-1010.

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2024Regulatory Effects of the Combinations of Aggregate and Structural Monetary Policy Instruments: an application of New Keynesian DSGE model to China. (2024). Wang, Li-Hui ; Li, Fu-An. In: Economic Analysis and Policy. RePEc:eee:ecanpo:v:84:y:2024:i:c:p:1120-1143.

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2024The economic implications of population aging on current account balance. (2024). Kabrt, Tomas. In: Economic Analysis and Policy. RePEc:eee:ecanpo:v:84:y:2024:i:c:p:1895-1909.

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2025Threshold effects of financial depth on domestic savings: Evidence from the EMEA region. (2025). Emara, Noha. In: Economic Analysis and Policy. RePEc:eee:ecanpo:v:86:y:2025:i:c:p:1987-2000.

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2025Too big to be efficient? The role of size in public procurement performance. (2025). Ferrante, Livio ; Caserta, Maurizio ; Fontana, Stefania ; Ferrara, Paolo Lorenzo. In: Economic Analysis and Policy. RePEc:eee:ecanpo:v:86:y:2025:i:c:p:2049-2069.

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2024Multidimensional poverty and growth: Evidence from India 1998–2021. (2024). Bao, Yanxi ; Liao, Tingxuan. In: Economic Modelling. RePEc:eee:ecmode:v:130:y:2024:i:c:s026499932300398x.

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2024On the macroeconomic impact of NGEU funds and its propagation through the production network. (2024). Quintana, Javier ; Moral-Benito, Enrique ; Fernandez-Cerezo, Alejandro. In: Economic Modelling. RePEc:eee:ecmode:v:132:y:2024:i:c:s0264999324000257.

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2024Monetary policy spillovers among five systemic economies: Evidence from the time and frequency domains. (2024). Li, Youshu ; Zhang, Weiran ; Guo, Junjie. In: The North American Journal of Economics and Finance. RePEc:eee:ecofin:v:70:y:2024:i:c:s1062940824000019.

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2025Shrinkage estimation of spatial panel data models with multiple structural breaks and a multifactor error structure. (2025). Hong, Yongmiao ; Dai, Siqi ; Li, Haiqi ; Zheng, Chaowen. In: Journal of Econometrics. RePEc:eee:econom:v:251:y:2025:i:c:s0304407625001368.

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2024The impact of infrastructure investment on multidimensional poverty. Evidence from Chinese rural migrant workers. (2024). Wu, Zhilin ; Song, Hui ; Long, Haiming. In: Economic Systems. RePEc:eee:ecosys:v:48:y:2024:i:3:s093936252400061x.

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2024Global corporate income tax competition, knowledge spillover, and growth. (2024). Maebayashi, Noritaka ; Morimoto, Keiichi. In: European Economic Review. RePEc:eee:eecrev:v:164:y:2024:i:c:s0014292124000527.

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2025Global public goods, fiscal policy coordination, and welfare in the world economy. (2025). Agénor, Pierre-Richard ; Agnor, Pierre-Richard ; Pereira, Luiz A. In: European Economic Review. RePEc:eee:eecrev:v:172:y:2025:i:c:s0014292124002435.

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2025AI innovation and the labor share in European regions. (2025). Venturini, Francesco ; Prettner, Klaus ; Minniti, Antonio. In: European Economic Review. RePEc:eee:eecrev:v:177:y:2025:i:c:s0014292125000935.

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2024Identifying the external and internal drivers of exchange rate volatility in small open economies. (2024). Aysun, Uluc. In: Emerging Markets Review. RePEc:eee:ememar:v:58:y:2024:i:c:s1566014123000900.

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2024International reserves, currency depreciation and public debt: New evidence of buffer effects in Africa. (2024). Saadaoui, Jamel ; Coulibaly, Issiaka ; Mighri, Hamza ; Gnimassoun, Blaise. In: Emerging Markets Review. RePEc:eee:ememar:v:60:y:2024:i:c:s1566014124000256.

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2025Borrowing constraints, financial development and the aggregate savings: Theory and evidence. (2025). Wang, Pengfei ; Xu, Lifang. In: Emerging Markets Review. RePEc:eee:ememar:v:66:y:2025:i:c:s1566014125000317.

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2025Growth effects of remittances in developing countries: A growth accounting approach. (2025). Kennedy, Lynn P ; Garcia-Fuentes, Pablo A. In: Emerging Markets Review. RePEc:eee:ememar:v:67:y:2025:i:c:s1566014125000524.

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2025High temperatures and national saving: Experience in the latest six decades. (2025). Liao, Hua ; Hu, Yiming. In: Energy Economics. RePEc:eee:eneeco:v:145:y:2025:i:c:s0140988325002592.

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2025How does ICT agglomeration promote green technology innovation? Evidence from Yangtze River Delta in China. (2025). Yang, Senmiao ; Jiang, Wanxin ; Wang, Jianda. In: Energy Economics. RePEc:eee:eneeco:v:147:y:2025:i:c:s0140988325004086.

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2024Financial market integration: A complex and controversial journey. (2024). Donadelli, Michael ; Gufler, I ; Paradiso, A. In: International Review of Financial Analysis. RePEc:eee:finana:v:92:y:2024:i:c:s1057521924000322.

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2024Currency overvaluation and export product quality: Evidence from China. (2024). Shi, Zheng ; Xiong, Mengxu ; Kong, Dongmin. In: International Review of Financial Analysis. RePEc:eee:finana:v:93:y:2024:i:c:s1057521924000826.

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2024Sectoral capital flows and income inequality. (2024). Dash, Pradyumna ; Kumar, Ankit. In: Finance Research Letters. RePEc:eee:finlet:v:66:y:2024:i:c:s154461232400655x.

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2024Dynamic spillovers between oil market, monetary policy, and exchange rate dynamics in the US. (2024). Kocaarslan, Baris. In: Finance Research Letters. RePEc:eee:finlet:v:69:y:2024:i:pa:s1544612324011668.

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2024Bank runs and media freedom: What you don’t know won’t hurt you?. (2024). Semenova, Maria ; Benov, Alexander ; Sokolov, Vladimir. In: Journal of Financial Stability. RePEc:eee:finsta:v:74:y:2024:i:c:s1572308924001086.

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2025The impact of policy uncertainty on shareholder wealth: Evidence from bank M&A. (2025). Subeniotis, Demetres ; Tampakoudis, Ioannis ; Kiosses, Nikolaos ; Leventis, Stergios. In: Journal of Financial Stability. RePEc:eee:finsta:v:76:y:2025:i:c:s1572308924001463.

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2025Dissecting capital flows: Do capital controls shield against foreign shocks?. (2025). Kwak, Kyongjun ; Granados, Camilo. In: Journal of Financial Stability. RePEc:eee:finsta:v:79:y:2025:i:c:s1572308925000622.

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2025Do investor differences impact monetary policy spillovers to emerging markets?. (2025). Zhou, Haonan ; Faia, Ester ; Lewis, Karen K. In: Journal of International Economics. RePEc:eee:inecon:v:156:y:2025:i:c:s002219962500056x.

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2025Fear of appreciation and current account adjustment. (2025). Kim, Kyunghun ; Bergin, Paul R ; Pyun, Ju H. In: Journal of International Economics. RePEc:eee:inecon:v:157:y:2025:i:c:s0022199625000777.

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2024The dynamic effects of public investments on private capital formation: Modelling a heterogeneous asymmetric cointegration with unobserved global factors. (2024). Carvelli, Gianni. In: International Economics. RePEc:eee:inteco:v:177:y:2024:i:c:s2110701723000859.

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2025How much debt is too much? Debt-growth dynamics in commodity-dependent and non-commodity-dependent developing economies. (2025). Carrington, Sarah J ; Padilla, Leon ; Herrera, Ronny Oswaldo. In: International Economics. RePEc:eee:inteco:v:182:y:2025:i:c:s2110701725000204.

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2025Spillover effects of US economic policy uncertainty on emerging markets: Evidence from transnational supply chains. (2025). Zhou, Shengjie ; Qin, QI ; Gao, Jieying. In: Journal of International Financial Markets, Institutions and Money. RePEc:eee:intfin:v:100:y:2025:i:c:s1042443125000265.

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2024Impact of using derivatives on stock market liquidity. (2024). Gupta, Aastha ; Chaudhry, Neeru. In: Journal of International Financial Markets, Institutions and Money. RePEc:eee:intfin:v:97:y:2024:i:c:s1042443124001434.

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2024Global banks and the picking order in internal capital markets: Do locational activity patterns matter?. (2024). Davino, Carmela. In: Journal of International Financial Markets, Institutions and Money. RePEc:eee:intfin:v:97:y:2024:i:c:s1042443124001495.

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2024Climate change and economic prosperity: Evidence from a flexible damage function. (2024). Eberhardt, Markus ; Desbordes, Rodolphe. In: Journal of Environmental Economics and Management. RePEc:eee:jeeman:v:125:y:2024:i:c:s0095069624000482.

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2024Concealed carry. (2024). Andrews, Spencer ; Colacito, Riccardo ; Croce, Mariano M ; Gavazzoni, Federico. In: Journal of Financial Economics. RePEc:eee:jfinec:v:159:y:2024:i:c:s0304405x24000977.

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2025Global volatility and firm-level capital flows. (2025). Kacperczyk, Marcin ; Wang, Tianyu ; Nosal, Jaromir. In: Journal of Financial Economics. RePEc:eee:jfinec:v:169:y:2025:i:c:s0304405x25000868.

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2024Real exchange rate and international reserves in the era of financial integration. (2024). Uddin, Gazi ; Saadaoui, Jamel ; Huynh, Luu Duc Toan ; Ho, Sy-Hoa ; Toan, Luu Duc ; Aizenman, Joshua. In: Journal of International Money and Finance. RePEc:eee:jimfin:v:141:y:2024:i:c:s0261560624000019.

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2024Revisiting capital flow drivers: Regional dynamics, constraints, and geopolitical influences. (2024). Awijen, Haithem ; Anastasiou, Dimitris ; Ftiti, Zied ; Louhichi, Wael ; ben Ameur, Hachmi. In: Journal of International Money and Finance. RePEc:eee:jimfin:v:142:y:2024:i:c:s0261560624000366.

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2024Inflation targeting and capital flows: A tale of two cycles in developing countries. (2024). Rodriguez, Cesar ; Ogrokhina, Olena. In: Journal of International Money and Finance. RePEc:eee:jimfin:v:146:y:2024:i:c:s0261560624001086.

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2024Inflation and income inequality in an open-economy growth model with liquidity constraints on R&D. (2024). Zheng, Zhijie ; Yang, Yibai ; Hu, Ruiyang ; Wang, Jian. In: Journal of International Money and Finance. RePEc:eee:jimfin:v:147:y:2024:i:c:s0261560624001141.

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2024Capital flows-at-risk: Push, pull and the role of policy. (2024). Sokol, Andrej ; Eguren Martin, Fernando ; von Dem, Lukas ; Eguren-Martin, Fernando ; O'Neill, Cian. In: Journal of International Money and Finance. RePEc:eee:jimfin:v:147:y:2024:i:c:s0261560624001335.

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2024Exchange rate and corporate investment: Heterogeneous effects via the global value chain networks. (2024). Huang, Wendi ; Zhang, Weikang. In: Journal of International Money and Finance. RePEc:eee:jimfin:v:147:y:2024:i:c:s0261560624001463.

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2024What leads some countries to experience larger decreases in foreign flows during low-flow episodes? Evidence from international portfolio flows. (2024). Wang, Xichen ; Duan, Xiaomei. In: Journal of International Money and Finance. RePEc:eee:jimfin:v:148:y:2024:i:c:s0261560624001529.

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2025Monetary and fiscal policy in a two-country model with behavioral expectations. (2025). Makarski, Krzysztof ; Brzoza-Brzezina, Michal ; Galiski, Pawe R. In: Journal of International Money and Finance. RePEc:eee:jimfin:v:155:y:2025:i:c:s026156062500066x.

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2024FDI flows and sudden stops in small open economies. (2024). Villalvazo, Sergio. In: Journal of Macroeconomics. RePEc:eee:jmacro:v:79:y:2024:i:c:s0164070424000016.

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2024Do fiscal rules shape private-sector investment decisions?. (2024). Sawadogo, Rayangnewende Frans. In: Journal of Macroeconomics. RePEc:eee:jmacro:v:81:y:2024:i:c:s0164070424000326.

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2025The multiple impact of remittances on poverty in developing countries: Direct effects and through human capital. (2025). Garcia-Fuentes, Pablo A ; Kennedy, Lynn P ; Ash, William R. In: Journal of Policy Modeling. RePEc:eee:jpolmo:v:47:y:2025:i:2:p:428-447.

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2024How do households cope during aggregate shocks? Evidence from the 2009–2015 oil crisis in Nigeria. (2024). Animashaun, Jubril ; Wossink, Ada. In: Resources Policy. RePEc:eee:jrpoli:v:95:y:2024:i:c:s0301420724005373.

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2024Addressing resource curse: How mineral resources influence industrial structure dynamics of the BRI 57 oil-exporting countries. (2024). Ni, Guohua ; Muhammad, Tufail ; Mentel, Grzegorz ; Dudek, Marek ; Mallek, Sabrine ; Chen, Zhenling. In: Resources Policy. RePEc:eee:jrpoli:v:99:y:2024:i:c:s0301420724007876.

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2025Export slowdown and increasing land supply: Local government’s responses to export shocks in China. (2025). Wang, Qiuyi ; Wu, Jing. In: Journal of Urban Economics. RePEc:eee:juecon:v:149:y:2025:i:c:s0094119025000610.

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2024The nexus of electricity infrastructure investment, household income, and carbon emissions in rural China. (2024). Yuan, Rong ; Zhao, Tao ; Tian, QI. In: Utilities Policy. RePEc:eee:juipol:v:91:y:2024:i:c:s0957178724001437.

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2025Temporal dynamics of uncertainty shocks on Chinas trade openness: A TVP-VAR estimation. (2025). Emmanouilidis, Kyriakos ; Golitsis, Petros. In: Journal of Multinational Financial Management. RePEc:eee:mulfin:v:79:y:2025:i:c:s1042444x25000209.

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2025Does benchmark-driven investment amplify the impact of the global financial cycle on emerging markets?. (2025). Feng, Yun ; Chen, Yang ; Zhang, Zhipeng ; Liu, Qing. In: Pacific-Basin Finance Journal. RePEc:eee:pacfin:v:89:y:2025:i:c:s0927538x2400341x.

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2024Review of cost objective functions in multi-objective optimisation analysis of buildings. (2024). da Silva, Manuel Gameiro ; Asadi, Ehsan ; Chenari, Behrang ; Auza, Anna. In: Renewable and Sustainable Energy Reviews. RePEc:eee:rensus:v:191:y:2024:i:c:s1364032123009590.

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2024Does the Belt and Road Initiative upgrade the global value chain for BRI Countries:Revealing the substantial role of infrastructure. (2024). Zhao, Yan ; Li, Yabo ; Yao, Xuemei. In: International Review of Economics & Finance. RePEc:eee:reveco:v:89:y:2024:i:pb:p:832-842.

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2024Digital technology, e-commerce, and economic inequality: The case of China. (2024). Li, Guoqiang ; Qian, Yihe ; Gu, Xinhua ; Liu, Nian. In: International Review of Economics & Finance. RePEc:eee:reveco:v:91:y:2024:i:c:p:259-271.

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2024Globalisation and governance: Thresholds for the impacts of the main determinants of capital inflows?. (2024). Taşdemir, Fatma ; Tademir, Fatma ; Ozmen, Erdal. In: International Review of Economics & Finance. RePEc:eee:reveco:v:92:y:2024:i:c:p:168-176.

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2024Low- and middle-income countries’ external debt cycle and global economic prospect. (2024). Wang, Xinya ; Xue, YI. In: International Review of Economics & Finance. RePEc:eee:reveco:v:96:y:2024:i:pa:s1059056024004982.

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2024Interdependence between foreign exchange rate and international reserves: Fresh evidence from China. (2024). Yoon, Seong-Min ; Jiang, Zhuhua. In: Research in International Business and Finance. RePEc:eee:riibaf:v:69:y:2024:i:c:s0275531924000473.

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2024Financial inclusion and the informal sector. (2024). Emara, Noha ; Trabelsi, Mohamed ; Cama, Freddy Rojas. In: Research in International Business and Finance. RePEc:eee:riibaf:v:70:y:2024:i:pb:s0275531924001727.

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2024Land supply patterns and the Chinese low consumption puzzle. (2024). Dai, Yating ; Li, Yan ; Zhao, Jiangmeng ; Cheng, Jian. In: Structural Change and Economic Dynamics. RePEc:eee:streco:v:69:y:2024:i:c:p:232-245.

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2024Human development and inequalities: The importance of social public spending. (2024). Muinelo-Gallo, Leonel ; Miranda, Ronald ; Miranda-Lescano, Ronald ; Roca-Sagales, Oriol. In: Structural Change and Economic Dynamics. RePEc:eee:streco:v:69:y:2024:i:c:p:363-377.

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2024BioTrade and income inequality: Does frontier technology readiness matter?. (2024). SAWADOGO, Relwendé ; Bakouan, Pousseni. In: Structural Change and Economic Dynamics. RePEc:eee:streco:v:70:y:2024:i:c:p:650-665.

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2024The role of local institutional quality for the digital and environmental transitions in Italy. (2024). Pronti, Andrea ; de Pascale, Gianluigi ; Zoboli, Roberto. In: Structural Change and Economic Dynamics. RePEc:eee:streco:v:71:y:2024:i:c:p:689-705.

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2025Global Value Chains and informality in developing economies: GVC participation and extent of informality. (2025). Rohit, Kumar. In: Structural Change and Economic Dynamics. RePEc:eee:streco:v:74:y:2025:i:c:p:603-618.

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2025Distance to frontier: From imitation to innovation. (2025). Zeynalov, Ayaz. In: Technological Forecasting and Social Change. RePEc:eee:tefoso:v:217:y:2025:i:c:s004016252500201x.

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2024Does ICT diffusion validate skill-biased technological change hypothesis? Evidence from the post-Soviet countries. (2024). Sohag, Kazi ; Badur, M. ; Ameer, Waqar ; Vilamova, Arka. In: Technology in Society. RePEc:eee:teinso:v:76:y:2024:i:c:s0160791x23002555.

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2024A study on the macroeconomic and financial determinants of telecommunication infrastructure: Evidence from Turkiye. (2024). yilanci, Veli ; Kilci, Esra N. In: Technology in Society. RePEc:eee:teinso:v:77:y:2024:i:c:s0160791x24001210.

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2025Income inequality and social welfare: Implications for the indirect effects of transport policies. (2025). Koster, Paul R. In: Transport Policy. RePEc:eee:trapol:v:168:y:2025:i:c:p:182-197.

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2024Spatial Inequality, Poverty and Informality in the Democratic Republic of the Congo. (2024). Docquier, Frédéric ; Iftikhar, Zainab ; Ibale, Douglas Amuli. In: World Development. RePEc:eee:wdevel:v:173:y:2024:i:c:s0305750x23002292.

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2024Income inequality effect of public utility infrastructure: Evidence from rural China. (2024). Wan, Guanghua ; Zhang, Xun ; Zuo, Congming ; Wang, Chen. In: World Development. RePEc:eee:wdevel:v:179:y:2024:i:c:s0305750x24000640.

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More than 100 citations found, this list is not complete...

Luis Servén has edited the books:


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Works by Luis Servén:


YearTitleTypeCited
2014Medium Term Business Cycles in Developing Countries In: American Economic Journal: Macroeconomics.
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article41
2011Medium Term Business Cycles in Developing Countries.(2011) In: CEPR Discussion Papers.
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2010Medium Term Business Cycles in Developing Countries.(2010) In: Harvard Business School Working Papers.
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2009Medium Term Business Cycles in Developing Countries.(2009) In: NBER Working Papers.
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paper
2009Medium-term business cycles in developing countries.(2009) In: Policy Research Working Paper Series.
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This paper has nother version. Agregated cites: 41
paper
2004Tango with the gringo: the hard peg and real misalign ment in Argentina In: Working Papers.
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paper18
2004Tango with the Gringo: the hard peg and real misalignment in Argentina.(2004) In: Policy Research Working Paper Series.
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paper
2011Is infrastructure capital productive? A dynamic heterogeneous approach In: Working Papers.
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paper167
2011Is infrastructure capital productive ? a dynamic heterogeneous approach.(2011) In: Policy Research Working Paper Series.
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paper
2015Is infrastructure capital productive? A dynamic heterogeneous approach.(2015) In: Journal of Applied Econometrics.
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This paper has nother version. Agregated cites: 167
article
2013Testing weak exogeneity in cointegrated panels In: Working Papers.
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paper8
2015Testing weak exogeneity in cointegrated panels.(2015) In: Applied Economics.
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article
2014Testing weak exogeneity in cointegrated panels.(2014) In: Policy Research Working Paper Series.
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paper
2015Productivity and the Welfare of Nations In: Working Papers.
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paper25
2016Productivity and the Welfare of Nations.(2016) In: Boston College Working Papers in Economics.
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paper
2013Productivity and the Welfare of Nations.(2013) In: CAGE Online Working Paper Series.
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paper
2020Productivity and the Welfare of Nations.(2020) In: Working Papers.
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paper
2020Productivity and the Welfare of Nations.(2020) In: CEPR Discussion Papers.
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paper
2012Productivity and the Welfare of Nations.(2012) In: IZA Discussion Papers.
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2012Productivity and the Welfare of Nations.(2012) In: NBER Working Papers.
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2022Productivity and the Welfare of Nations.(2022) In: Journal of the European Economic Association.
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2012Productivity and the welfare of nations.(2012) In: Economics Working Papers.
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paper
2012Productivity and the welfare of nations.(2012) In: Policy Research Working Paper Series.
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This paper has nother version. Agregated cites: 25
paper
2018Gross capital flows by banks, corporates and sovereigns In: BIS Working Papers.
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paper114
2020Gross Capital Flows by Banks, Corporates and Sovereigns.(2020) In: Working Papers.
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This paper has nother version. Agregated cites: 114
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2017Gross Capital Flows by Banks, Corporates and Sovereigns.(2017) In: NBER Working Papers.
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paper
2022Gross Capital Flows by Banks, Corporates, and Sovereigns.(2022) In: Journal of the European Economic Association.
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This paper has nother version. Agregated cites: 114
article
2018Gross capital flows by banks, corporates, and sovereigns.(2018) In: Policy Research Working Paper Series.
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This paper has nother version. Agregated cites: 114
paper
2025Poverty convergence clubs In: Review of Income and Wealth.
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article0
2022Poverty Convergence Clubs.(2022) In: Working Papers.
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paper
2010Productivity, Welfare and Reallocation: Theory and Firm Level Evidence In: Boston College Working Papers in Economics.
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paper28
2009Productivity, welfare, and reallocation: theory and firm-level evidence.(2009) In: Working Papers.
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2009Productivity, Welfare and Reallocation: Theory and Firm-Level Evidence.(2009) In: IZA Discussion Papers.
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paper
2009Productivity, Welfare and Reallocation: Theory and Firm-Level Evidence.(2009) In: NBER Working Papers.
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paper
2010Productivity, welfare and reallocation : theory and firm-level evidence.(2010) In: Policy Research Working Paper Series.
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paper
2002Global Economy Quarterly, Issue 2-4 In: Global Economy Journal.
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article0
2001Una Revisión del COmportamiento y de los determinantes del ahorro en el mundo In: Central Banking, Analysis, and Economic Policies Book Series.
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chapter8
2001Una Revisión del Comportamientoy de los Determinantes del Ahorro en el Mundo.(2001) In: Working Papers Central Bank of Chile.
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paper
2005General Equilibrium Dynamics of Foreign Shocks ans Policy Changes in Chile In: Central Banking, Analysis, and Economic Policies Book Series.
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chapter9
2010General Equilibrium Dynamics of Foreign Shocks and Policy Changes in Chile.(2010) In: EcoMod2003.
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This paper has nother version. Agregated cites: 9
paper
2015Too Poor to Grow In: Central Banking, Analysis, and Economic Policies Book Series.
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chapter14
2009Too poor to grow.(2009) In: Policy Research Working Paper Series.
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This paper has nother version. Agregated cites: 14
paper
1997Does Income Inequality Raise Aggregate Saving? In: Working Papers Central Bank of Chile.
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paper64
2000Does income inequality raise aggregate saving?.(2000) In: Journal of Development Economics.
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This paper has nother version. Agregated cites: 64
article
2002Greenfield Fdi vs. Mergers and Acquisitions: Does the Distinction Matter? In: Working Papers Central Bank of Chile.
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paper11
2002How Did Latin America’s Infrastructure Fare in the era of Macroeconomic Crises? In: Working Papers Central Bank of Chile.
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paper2
2002The Output Cost of Latin America’s Infrastructure Gap In: Working Papers Central Bank of Chile.
[Full Text][Citation analysis]
paper3
2002Infrastructure Compression and Public Sector Solvency in Latin America In: Working Papers Central Bank of Chile.
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paper5
2004Trends in Infrastructure in Latin America, 1980-2001 In: Working Papers Central Bank of Chile.
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paper9
2004Trends in infrastructure in Latin America, 1980-2001.(2004) In: Policy Research Working Paper Series.
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paper
2004The Effects of Infrastructure Development on Growth and Income Distribution In: Working Papers Central Bank of Chile.
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paper212
2005The Effects of Infrastructure Development on Growth and Income Distribution.(2005) In: DEGIT Conference Papers.
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paper
2004The effects of infrastructure development on growth and income distribution.(2004) In: Policy Research Working Paper Series.
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This paper has nother version. Agregated cites: 212
paper
2004General Equilibrium Dynamics of External Shocks and Policy Changes in Chile In: Working Papers Central Bank of Chile.
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paper0
1999What Drives Private Saving Across the World? In: Working Papers Central Bank of Chile.
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paper405
1999What Drives Private Saving Across the World?.(1999) In: Cambridge - Risk, Information & Quantity Signals.
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This paper has nother version. Agregated cites: 405
paper
2000What Drives Private Saving Across the World?.(2000) In: The Review of Economics and Statistics.
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This paper has nother version. Agregated cites: 405
article
2001Country portfolios In: Working Papers Central Bank of Chile.
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paper174
2001Country Portfolios.(2001) In: CEPR Discussion Papers.
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This paper has nother version. Agregated cites: 174
paper
2000Country Portfolios.(2000) In: NBER Working Papers.
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This paper has nother version. Agregated cites: 174
paper
2005Country Portfolios.(2005) In: Journal of the European Economic Association.
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This paper has nother version. Agregated cites: 174
article
2000Country portfolios.(2000) In: Economics Working Papers.
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This paper has nother version. Agregated cites: 174
paper
2004Country Portfolios.(2004) In: Policy Research Working Paper Series.
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This paper has nother version. Agregated cites: 174
paper
2001International Portfolio Diversification: The Role of Risk and Return In: Working Papers Central Bank of Chile.
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paper0
2017Gross Capital Inflows to Banks, Corporates and Sovereigns In: CEPR Discussion Papers.
[Full Text][Citation analysis]
paper43
2014The Effects of Infrastructure Development on Growth and Income Distribution In: Annals of Economics and Finance.
[Full Text][Citation analysis]
article7
2014A normal relationship? Poverty, growth, and inequality In: Annals of Economics and Finance.
[Full Text][Citation analysis]
article1
2004The Effects of Infrastructure Development on Growth and income In: Econometric Society 2004 Latin American Meetings.
[Full Text][Citation analysis]
paper188
2000Policy Shifts and External Shocks in Chile Under Rational Expectations In: Econometric Society World Congress 2000 Contributed Papers.
[Full Text][Citation analysis]
paper9
2008Reforma fiscal y equidad social en América Latina In: Coediciones.
[Full Text][Citation analysis]
book3
2018Assessing the degree of international consumption risk sharing In: Journal of Development Economics.
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article7
2018Assessing the degree of international consumption risk sharing .(2018) In: Department of Economics Working Papers.
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paper
2016Assessing the degree of international consumption risk sharing.(2016) In: Policy Research Working Paper Series.
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This paper has nother version. Agregated cites: 7
paper
2018Openness, specialization, and the external vulnerability of developing countries In: Journal of Development Economics.
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article22
2016Openness, specialization, and the external vulnerability of developing countries.(2016) In: Policy Research Working Paper Series.
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This paper has nother version. Agregated cites: 22
paper
2001Verifying exchange rate regimes In: Journal of Development Economics.
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article78
2000Verifying exchange rate regimes.(2000) In: Policy Research Working Paper Series.
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This paper has nother version. Agregated cites: 78
paper
2002Pricing currency risk under currency boards In: Journal of Development Economics.
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article30
1995Capital goods imports, the real exchange rate and the current account In: Journal of International Economics.
[Full Text][Citation analysis]
article15
1994Capital goods imports, the real exchange rate, and the current account.(1994) In: Policy Research Working Paper Series.
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This paper has nother version. Agregated cites: 15
paper
2005World market integration through the lens of foreign direct investors In: Journal of International Economics.
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article140
2003World market integration through the lens of foreign direct investors.(2003) In: Policy Research Working Paper Series.
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paper
1999Terms-of-trade shocks and optimal investment: another look at the Laursen-Metzler effect In: Journal of International Money and Finance.
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article20
1995Terms-of-trade shocks and optimal investment : another look at the Laursen-Metzler effect.(1995) In: Policy Research Working Paper Series.
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paper
2004Global transmission of interest rates: monetary independence and currency regime In: Journal of International Money and Finance.
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article296
2002Global Transmission of Interest Rates: Monetary Independence and Currency Regime.(2002) In: NBER Working Papers.
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paper
2000Global transmission of interest rates : monetary independence and the currency regime.(2000) In: Policy Research Working Paper Series.
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This paper has nother version. Agregated cites: 296
paper
2016Undervaluation through foreign reserve accumulation: Static losses, dynamic gains, In: Journal of International Money and Finance.
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article87
2010Undervaluation through foreign reserve accumulation : static losses, dynamic gains.(2010) In: Policy Research Working Paper Series.
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This paper has nother version. Agregated cites: 87
paper
2020Adding space to the international business cycle In: Journal of Macroeconomics.
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article6
2019Adding Space to the International Business Cycle.(2019) In: Policy Research Working Paper Series.
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This paper has nother version. Agregated cites: 6
paper
1993Debt crisis, adjustment policies and capital formation in developing countries: Where do we stand? In: World Development.
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article30
2011Fiscal Redistribution and Income Inequality in Latin America In: World Development.
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article84
2008Fiscal redistribution and income inequality in Latin America.(2008) In: Policy Research Working Paper Series.
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This paper has nother version. Agregated cites: 84
paper
2003Comments In: LSE Research Online Documents on Economics.
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paper0
1999Saving in Mexico: The National and International Evidence In: Economía Mexicana NUEVA ÉPOCA.
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article0
2024The Structural and Productivity Effects of Infrastructure Provision in Developed and Developing Countries In: Advances in Econometrics.
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chapter0
2022The structural and productivity effects of infrastructure provision in developed and developing countries.(2022) In: Working Papers.
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paper
2022The Structural and Productivity Effects of Infrastructure Provision in Developed and Developing Countries.(2022) In: Efficiency Series Papers.
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1997Saving Across the World: Puzzles and Policies. In: World Bank - Discussion Papers.
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paper26
2007Macroeconomic Volatility and Welfare in Developing Countries: an Introduction In: Post-Print.
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paper170
2007Macroeconomic Volatility and Welfare in Developing Countries: An Introduction.(2007) In: The World Bank Economic Review.
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1998Measuring Aid Flows: A New Approach In: IDB Publications (Working Papers).
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paper63
1998Measuring Aid Flows: A New Approach.(1998) In: Research Department Publications.
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2005Sources of Growth in Latin America: What Is Missing? In: IDB Publications (Books).
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book22
2005Lessons from NAFTA: For Latin America and the Caribbean In: IDB Publications (Books).
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book39
2004Lessons from NAFTA for Latin America and the Caribbean.(2004) In: World Bank Publications - Books.
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book
1998Cuantificación de los flujos de asistencia: un nuevo enfoque In: Research Department Publications.
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2018Growth, inequality and poverty: A robust relationship? In: Working Papers.
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2022Growth, inequality and poverty: a robust relationship?.(2022) In: Empirical Economics.
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2018Growth, Inequality, and Poverty : A Robust Relationship?.(2018) In: Policy Research Working Paper Series.
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2000Verifiability and the Vanishing Intermediate Exchange Rate Regime In: NBER Working Papers.
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paper59
2002Pricing Currency Risk: Facts and Puzzles from Currency Boards In: NBER Working Papers.
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paper10
2002Pricing currency risk : facts and puzzles from currency boards.(2002) In: Policy Research Working Paper Series.
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This paper has nother version. Agregated cites: 10
paper
2010Infrastructure and Economic Development in Sub-Saharan Africa-super- † In: Journal of African Economies.
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article13
1997Irreversibility, Uncertainty and Private Investment: Analytical Issues and Some Lessons for Africa. In: Journal of African Economies.
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article19
2000Saving in Developing Countries: An Overview In: The World Bank Economic Review.
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article69
2005Tracking In: The World Bank Economic Review.
[Citation analysis]
article0
1996Saving and Investment: Paradigms, Puzzles, Policies. In: The World Bank Research Observer.
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article51
2006Macroeconomic Stability in Developing Countries: How Much Is Enough? In: The World Bank Research Observer.
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article19
2004Macroeconomic stability in developing countries - How much is enough?.(2004) In: Policy Research Working Paper Series.
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This paper has nother version. Agregated cites: 19
paper
2008Walking up the Down Escalator: Public Investment and Fiscal Stability In: The World Bank Research Observer.
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article25
2007Walking up the down escalator : public investment and fiscal stability.(2007) In: Policy Research Working Paper Series.
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2010Are All the Sacred Cows Dead? Implications of the Financial Crisis for Macro- and Financial Policies In: The World Bank Research Observer.
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article24
2009Are all the sacred cows dead ? implications of the financial crisis for macro and financial policies.(2009) In: Policy Research Working Paper Series.
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2013Global Imbalances: Origins and Prospects In: The World Bank Research Observer.
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article4
1992Private Investment and Macroeconomic Adjustment: A Survey. In: The World Bank Research Observer.
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article85
2020A Two-Level Top-Down Decomposition of Aggregate Productivity Growth: The Role of Infrastructure In: International Series in Operations Research & Management Science.
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chapter0
2000How Effective is Fiscal Policy in Raising National Saving? In: The Review of Economics and Statistics.
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article46
2003Real-Exchange-Rate Uncertainty and Private Investment in LDCS In: The Review of Economics and Statistics.
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article122
2003ERRATUM: Real-Exchange-Rate Uncertainty and Private Investment in LDCs.(2003) In: The Review of Economics and Statistics.
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1998World saving: trends and theories In: Estudios de Economia.
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article3
2009Back to Global Imbalances? In: World Bank Publications - Reports.
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paper0
1999Saving - What Do We Know, and Why Do We Care? In: World Bank Publications - Reports.
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paper1
2013Fiscal Policy as a Tool for Stabilization in Developing Countries In: World Bank Publications - Reports.
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paper0
2009Infrastructure in Latin America : An Update, 1980-2006 In: World Bank Publications - Reports.
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paper0
2003The Limits of Stabilization : Infrastructure, Public Deficits, and Growth in Latin America In: World Bank Publications - Books.
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book67
2010Business Regulation and Economic Performance In: World Bank Publications - Books.
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book28
2009Real Exchange Rates, Saving, and Growth In: World Bank Publications - Books.
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book3
2008Fiscal Policy, Stabilization, and Growth : Prudence or Abstinence In: World Bank Publications - Books.
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book11
2006Poverty Reduction and Growth : Virtuous and Vicious Circles In: World Bank Publications - Books.
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book78
1992Dynamic response to foreign transfers and terms-of-trade shocks in open economies In: Policy Research Working Paper Series.
[Full Text][Citation analysis]
paper2
1994Fiscal policy in classical and Keynesian open economies In: Policy Research Working Paper Series.
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paper0
1994Dynamic response to external shocks in classical and Keynesian economies In: Policy Research Working Paper Series.
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paper4
1994Saving, investment, and growth in developing countries : an overview In: Policy Research Working Paper Series.
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paper5
1995Fiscal and monetary contraction in Chile : a rational-expectations approach In: Policy Research Working Paper Series.
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1996Income inequality and aggregate saving : the cross-country evidence In: Policy Research Working Paper Series.
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1996Does public capital crowd out private capital? : evidence from India In: Policy Research Working Paper Series.
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1997Uncertainty, instability, and irreversible investment : theory, evidence, and lessons for Africa In: Policy Research Working Paper Series.
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1998Macroeconomic uncertainty and private investment in developing countries - an empirical investigation In: Policy Research Working Paper Series.
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1999è¯„ä¼°æ ´åŠ©èµ„é‡‘æµ ï¼šä¸€ç§ å…¨æ–°çš„æ–¹å¼ In: Policy Research Working Paper Series.
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2000External sustainability : a stock equilibrium perspective In: Policy Research Working Paper Series.
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2000ä»€ä¹ˆåŠ›é‡ æŽ¨åŠ¨å…¨ä¸–ç•Œçš„ç§ äººå‚¨è“„ï¼Ÿ In: Policy Research Working Paper Series.
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2002Real exchange rate uncertainty and private investment in developing countries In: Policy Research Working Paper Series.
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2003Do capital flows respond to risk and return? In: Policy Research Working Paper Series.
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2003The anatomy of a multiple crisis : why was Argentina special and what can we learn from it? In: Policy Research Working Paper Series.
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2004Greenfield foreign direct investment and mergers and acquisitions - feedback and macroeconomic effects In: Policy Research Working Paper Series.
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1989Private investment and macroeconomic adjustment : an overview In: Policy Research Working Paper Series.
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2005Regulation and macroeconomic performance In: Policy Research Working Paper Series.
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2005The impact of regulation on growth and informality - cross-country evidence In: Policy Research Working Paper Series.
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2006A normal relationship ? Poverty, growth, and inequality In: Policy Research Working Paper Series.
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2006Getting realabout inequality : evidence from Brazil, Colombia, Mexico, and Peru In: Policy Research Working Paper Series.
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2007Fiscal rules, public investment, and growth In: Policy Research Working Paper Series.
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2008Real exchange rates, saving and growth : is there a link ? In: Policy Research Working Paper Series.
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paper19
2008Real Exchange Rates, Saving and Growth: Is there a Link?.(2008) In: Center for Development Economics.
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2008Real Exchange Rates, Saving and Growth: Is there a Link?.(2008) In: Department of Economics Working Papers.
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This paper has nother version. Agregated cites: 19
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2008Infrastructure and economic development in Sub-Saharan Africa In: Policy Research Working Paper Series.
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2009Informality in Latin America and the Caribbean In: Policy Research Working Paper Series.
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paper32
2010Infrastructure in Latin America In: Policy Research Working Paper Series.
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2010Global imbalances before and after the global crisis In: Policy Research Working Paper Series.
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1990Anticipated real exchange-rate changes and the dynamics of investment In: Policy Research Working Paper Series.
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1991Adjustment policies and investment performance in developing countries : theory, country experiences, and policy implications In: Policy Research Working Paper Series.
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2013Partial consumption insurance and financial openness across the world In: Policy Research Working Paper Series.
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2014Infrastructure, growth, and inequality : an overview In: Policy Research Working Paper Series.
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1991An empirical macroeconomic model for policy design : the case of Chile In: Policy Research Working Paper Series.
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2018Gross capital flows, common factors, and the global financial cycle In: Policy Research Working Paper Series.
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2018Assessing the international comovement of equity returns In: Policy Research Working Paper Series.
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2019Swept by the Tide ? The International Comovement of Capital Flows In: Policy Research Working Paper Series.
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