The IMF’s Financial Catch 22: Global Banker or Lender of Last Resort?
Abstract: The International Monetary Fund (IMF) has dual institutional roles: a steward of international financial stability and a global banker safeguarding.....
Working Papers
This list captures all of the most recent papers that have been uploaded to this website. For a FULL list of 'Working Papers' from IIEP please visit this archived version of our website.
Deepening or Diminishing Ethnic Divides? The Impact of Urban Migration in Kenya
Abstract: The International Monetary Fund (IMF) has dual institutional roles: a steward of international financial stability and a global banker safeguarding the resources of its sovereign...
A tale of two wage subsidies: The American and Australian fiscal responses to COVID-19
Australia suppressed the virus with swift and strong public health measures including stringent border controls. As of July 2020, the virus continues to spread.
Medieval Cities Through the Lens of Urban Economic Theories
We draw on theories and empirical findings from urban economics to explore and explain patterns of city growth in the Middle Ages (c. 800-1500 CE).
A tale of two wage subsidies: The American and Australian fiscal responses to COVID-19
Australia suppressed the virus with swift and strong public health measures including stringent border controls.
A Plurilateral “Single Data Area” Is the Solution to Canada’s Data Trilemma
With its relatively small population, Canada faces a challenge in terms of the amount of high-quality data that it can generate to support a successful data-driven...
America’s uneven approach to AI and its consequences
Introduction Excerpt: The world’s oceans are in trouble. Global warming is causing sea levels to rise and reducing the supply of food in the oceans. The ecological
Long-Run Effects of Incentivizing Work After Childbirth
This paper uses a panel of SSA earnings linked to the CPS to estimate the impact of increasing post-childbirth work incentives on mothers’ career trajectories.
Human Capital Accumulation at Work: Estimates for the World and Implications for Development
Working Paper on "Human Capital Accumulation at Work".
Labor market mismatch is an important measure of the health of the economy but is notoriously hard to assess, as it requires information on both employer needs...
The Financial Center Leverage Cycle: Does it Spread Around the World?
With a novel database, we examine the evolution of capital flows to the periphery since the collapse of the Bretton Woods System in the early 1970s. We......
Distinguishing Self-interest from Greed: Ethical Constraints and Economic Efficiency
This paper demonstrates that economic efficiency is enhanced when market participants adhere to certain ethical constraints. These ethical constraints are..
Search for Yield in Large International Corporate Bonds: Investor Behavior and Firm Responses
Emerging market corporations have significantly increased their borrowing in international markets since 2008.
Divorce among European and Mexican Immigrants in the U.S
Status of being currently divorced among European and Mexican immigrants in the U.S., among themselves and in comparison to the native born of same ancestries.
A large literature documents the positive influence of a city’s skill structure on its rate of economic growth
Transport investment has played an important role in the economic development of many countries.
Transport investment has played an important role in the economic development of many countries.
Previous work on transportation investments has focused on average impacts in high- and middle-income countries. We estimate average and heterogeneous effects.....
Transport investment has played an important role in the economic development of many countries. Starting from a low base, African countries have recently......
This paper examines the new trends in research on capital flows fueled by the 2007-2009 Global Crisis. Previous studies on capital flows focused on current.....
Agricultural extension, intra-household allocation and malaria
Can agricultural development programs improve health-related outcomes?
Drug Money and Bank Lending: The Unintended Consequences of Anti-Money Laundering
Explore the unintended consequences of anti-money laundering policies. We exploit the implementation of the SARLAFT system in Colombia in 2008.
Works Councils and Workplace Health Promotion in Germany
From a theoretical viewpoint, there can be market failures resulting in an underprovision of occupational health and safety.
What Are We Talking about When We Talk about Digital Protectionism?
Susan Ariel Aaronson examines the state and implications of digital protectionism
Data is Different: Why the World Needs a New Approach to Governing Cross-border Data Flows
Companies, governments and individuals are using data to create new services such as apps, artificial intelligence (AI) and the Internet of Things (IoT).