Details about Norman V. Loayza

E-mail:
Homepage:	http://econ.worldbank.org/external/default/main?authorMDK=97109&theSitePK=469372&pagePK=64214
Workplace:	Economics Research, World Bank Group, (more information at EDIRC)

Access statistics for papers by Norman V. Loayza.

Last updated 2013-05-13. Update your information in the RePEc Author Service.

Short-id: plo190

---

Jump to Journal Articles Books Edited books Chapters Editor

Working Papers

2013

1. Poverty, Inequality, and the Local Natural Resource Curse
   IZA Discussion Papers, Institute for the Study of Labor (IZA)
   Also in Policy Research Working Paper Series, The World Bank (2013)
2. Saving and growth in Sri Lanka
   Policy Research Working Paper Series, The World Bank

2012

3. Do Middle Classes Bring Institutional Reforms?
   IZA Discussion Papers, Institute for the Study of Labor (IZA) View citations (3)
   Also in Policy Research Working Paper Series, The World Bank (2012) View citations (1)
4. The impact of wealth on the amount and quality of child labor
   Policy Research Working Paper Series, The World Bank

2011

5. Medium Term Business Cycles in Developing Countries
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
   Also in Policy Research Working Paper Series, The World Bank (2009) View citations (4)
   NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (4)
   Harvard Business School Working Papers, Harvard Business School (2010)
6. More than you can handle: decentralization and spending ability of Peruvian municipalities
   Policy Research Working Paper Series, The World Bank View citations (3)
7. Saving and growth in Egypt
   Policy Research Working Paper Series, The World Bank View citations (1)
   See also Journal Article in Middle East Development Journal (MEDJ) (2012)
8. The Aggregate and Complementary Impact of Micro Distortions
   Working Papers, University of Chile, Department of Economics
   Also in 2011 Meeting Papers, Society for Economic Dynamics (2011)

2010

9. Infrastructure and economic growth in Egypt
   Policy Research Working Paper Series, The World Bank
10. Privatization and Nationalization Cycles
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    Also in Policy Research Working Paper Series, The World Bank (2009) View citations (2)
11. The aggregate impact of micro distortions: complementarities matter
    2010 Meeting Papers, Society for Economic Dynamics
    Also in EIEF Working Papers Series, Einaudi Institute for Economic and Finance (EIEF) (2009)
12. Why aredeveloping countries so slow in adopting new technologies ? the aggregate and complementary impact of micro distortions
    Policy Research Working Paper Series, The World Bank View citations (1)

2009

13. Informality in Latin America and the Caribbean
    Policy Research Working Paper Series, The World Bank View citations (2)
14. Natural disasters and growth - going beyond the averages
    Policy Research Working Paper Series, The World Bank View citations (21)
    See also Journal Article in World Development (2012)
15. The growth aftermath of natural disasters
    Policy Research Working Paper Series, The World Bank View citations (3)
    See also Journal Article in Journal of Applied Econometrics (2013)
16. Why Are Developing Countries so Slow in Adopting New Technologies?
    2009 Meeting Papers, Society for Economic Dynamics View citations (1)

2008

17. Does Openness Imply Greater Vulnerability?
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (1)
18. The development impact of the illegality of drug trade
    Policy Research Working Paper Series, The World Bank

2007

19. The aftermath of Civil War
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra View citations (8)
    Also in Policy Research Working Paper Series, The World Bank (2007) View citations (2)
    See also Journal Article in World Bank Economic Review (2008)
20. The causes and consequences of informality in Peru
    Working Papers, Banco Central de Reserva del Perú

2006

21. Informality trends and cycles
    Policy Research Working Paper Series, The World Bank View citations (40)
22. Openness Can be Good for Growth: The Role of Policy Complementarities
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (1)
    Also in DEGIT Conference Papers, DEGIT, Dynamics, Economic Growth, and International Trade (2005) View citations (29)
    Policy Research Working Paper Series, The World Bank (2005) View citations (29)
    NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (35)
    See also Journal Article in Journal of Development Economics (2009)
23. The composition of growth matters for poverty alleviation
    Policy Research Working Paper Series, The World Bank View citations (15)
    See also Journal Article in Journal of Development Economics (2010)
24. The structural determinants of external vulnerability
    Policy Research Working Paper Series, The World Bank View citations (2)
    See also Journal Article in World Bank Economic Review (2007)

2005

25. Does openness imply greater exposure ?
    Policy Research Working Paper Series, The World Bank View citations (8)
26. Financial Development, Financial Fragility, and Growth
    IMF Working Papers, International Monetary Fund View citations (14)
    Also in Working Papers, Barcelona Graduate School of Economics (2004) View citations (2)
    Policy Research Working Paper Series, The World Bank (2004) View citations (44)
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2004) View citations (9)
    Working Papers Central Bank of Chile, Central Bank of Chile (2002) View citations (7)
    CESifo Working Paper Series, CESifo Group Munich (2002) View citations (7)
    See also Journal Article in Journal of Money, Credit and Banking (2006)
27. Regulation and macroeconomic performance
    Policy Research Working Paper Series, The World Bank View citations (14)
28. The Impact of Regulation on Growth and Informality: Cross-Country Evidence
    Working paper, Regulation2point0 View citations (16)
    Also in Policy Research Working Paper Series, The World Bank (2005) View citations (22)

2004

29. Country Portfolios
    Policy Research Working Paper Series, The World Bank View citations (4)
    Also in Working Papers Central Bank of Chile, Central Bank of Chile (2001) View citations (2)
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2000) View citations (36)
    NBER Working Papers, National Bureau of Economic Research, Inc (2000) View citations (40)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations (2)
    See also Journal Article in Journal of the European Economic Association (2005)
30. Economic Growth in Latin America and The Caribbean: Stylized Facts, Explanations, and Forecasts
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (37)
    See also Book (2005)
31. External Conditions and Growth Performance
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (6)
    See also Chapter (2006)
32. Greenfield foreign direct investment and mergers and acquisitions - feedback and macroeconomic effects
    Policy Research Working Paper Series, The World Bank
33. On the measurement of market-oriented reforms
    Policy Research Working Paper Series, The World Bank View citations (8)
34. Policy Biases under Lack of Coordination
    Econometric Society 2004 Latin American Meetings, Econometric Society
35. Slow Recoveries
    2004 Meeting Papers, Society for Economic Dynamics View citations (18)
    Also in Documentos de Trabajo, Centro de Economía Aplicada, Universidad de Chile (2004) View citations (20)
    Econometric Society 2004 Latin American Meetings, Econometric Society (2004) View citations (15)
    See also Journal Article in Journal of Development Economics (2004)
36. Volatility and growth
    Policy Research Working Paper Series, The World Bank View citations (84)

2003

37. Do capital flows respond to risk and return?
    Policy Research Working Paper Series, The World Bank View citations (4)
38. Market-Oriented Reforms: Definitions and Measurement
    Documentos de Trabajo, Instituto de Economia. Pontificia Universidad Católica de Chile.
39. World market integration through the lens of foreign direct investors
    Policy Research Working Paper Series, The World Bank View citations (11)
    See also Journal Article in Journal of International Economics (2005)

2002

40. Greenfield Fdi vs. Mergers and Acquisitions: Does the Distinction Matter?
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (3)
41. The Golden Period for Growth in Chile: Explanations and Forecasts
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (20)
    See also Chapter (2002)
    Journal Article in Journal Economía Chilena (The Chilean Economy) (2002)

2001

42. Accountability and corruption: political institutions matter
    Policy Research Working Paper Series, The World Bank View citations (31)
    See also Journal Article in Economics and Politics (2005)
43. International Portfolio Diversification: The Role of Risk and Return
    Working Papers Central Bank of Chile, Central Bank of Chile
44. Ten Years of Inflation Targeting: Design, Performance, Challenges
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (18)
45. Una Revisión del Comportamientoy de los Determinantes del Ahorro en el Mundo
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (2)
    See also Chapter (2001)

2000

46. Determinants of current account deficits in developing countries
    Policy Research Working Paper Series, The World Bank View citations (29)
    Also in Working Papers Central Bank of Chile, Central Bank of Chile (1999) View citations (10)
    See also Journal Article in The B.E. Journal of Macroeconomics (2002)
47. External sustainability: a stock equilibrium perspective
    Policy Research Working Paper Series, The World Bank View citations (7)
48. Finance and the sources of growth
    Open Access publications from Tilburg University, Tilburg University View citations (548)
    Also in Policy Research Working Paper Series, The World Bank (1999) View citations (18)
    See also Journal Article in Journal of Financial Economics (2000)
49. Financial Structure in Chile: Macroeconomic Developments and Microeconomic Effects
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society View citations (27)
    Also in Working Papers Central Bank of Chile, Central Bank of Chile (2000) View citations (36)
    See also Journal Article in Journal Economía Chilena (The Chilean Economy) (2000)
50. Financial intermediation and growth: Causality and causes
    Open Access publications from Tilburg University, Tilburg University View citations (735)
    Also in Policy Research Working Paper Series, The World Bank (1999) View citations (41)
    Working Papers Central Bank of Chile, Central Bank of Chile (1999) View citations (40)
    See also Chapter (2002)
    Journal Article in Journal of Monetary Economics (2000)
51. Policy Biases when the Monetary and Fiscal Authorities have Different Objectives
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (5)
    See also Chapter (2002)
    Journal Article in Journal Economía Chilena (The Chilean Economy) (2000)
52. Un Estudio del Ahorro Agregado por Agentes Económicos en Chile
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (4)
    See also Chapter (2001)
53. What drives private saving around the world?
    Policy Research Working Paper Series, The World Bank View citations (25)

1999

54. Comovement and Macroeconomic Interdependence: Evidence for Latin America, East Asia, and Europe
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (3)
55. Saving - What Do We Know, and Why Do We Care?
    World Bank Other Operational Studies, The World Bank
56. Sectorial Macroeconomic Interdependencies - Evidence for Latin America, East Asia and Europe
    IMF Working Papers, International Monetary Fund View citations (13)
57. What Drives Private Saving Across the World?
    Working Papers, Cambridge - Risk, Information & Quantity Signals View citations (13)
    Also in Working Papers Central Bank of Chile, Central Bank of Chile (1999) View citations (68)
    See also Journal Article in The Review of Economics and Statistics (2000)

1997

58. Economic reform and progress in Latin America and the Caribbean
    Policy Research Working Paper Series, The World Bank View citations (11)
59. Has Latin America's post-reform growth been disappointing?
    Policy Research Working Paper Series, The World Bank View citations (33)
    See also Journal Article in Journal of International Economics (1997)
60. The economics of the informal sector: a simple model and some empirical evidence from Latin America
    Policy Research Working Paper Series, The World Bank View citations (24)
    See also Journal Article in Carnegie-Rochester Conference Series on Public Policy (1996)

1996

61. The peace dividend: military spending cuts and economic growth
    Policy Research Working Paper Series, The World Bank View citations (38)
    Also in IMF Working Papers, International Monetary Fund (1995) View citations (1)
    See also Journal Article in IMF Staff Papers (1996)

1995

62. Paradise Lost? Growth, Convergence and Migration in the South Pacific
    IMF Working Papers, International Monetary Fund View citations (4)
    See also Journal Article in IMF Staff Papers (1995)

1994

63. A test of the international convergence hypothesis using panel data
    Policy Research Working Paper Series, The World Bank View citations (8)
64. Labor regulations and the informal economy
    Policy Research Working Paper Series, The World Bank View citations (11)
65. Taxation, public services, and the informal sector in a model of endogenous growth
    Policy Research Working Paper Series, The World Bank View citations (2)

1992

66. Testing the Neoclassical Theory of Economic Growth - A Panel Data Approach
    IMF Working Papers, International Monetary Fund View citations (35)
    See also Journal Article in IMF Staff Papers (1993)

Journal Articles

2013

1. THE GROWTH AFTERMATH OF NATURAL DISASTERS
   Journal of Applied Econometrics, 2013, 28, (3), 412-434
   See also Working Paper (2009)

2012

2. Do middle classes bring about institutional reforms?
   Economics Letters, 2012, 116, (3), 440-444 View citations (1)
3. Natural Disasters and Growth: Going Beyond the Averages
   World Development, 2012, 40, (7), 1317-1336 View citations (1)
   See also Working Paper (2009)
4. SAVING AND GROWTH IN EGYPT
   Middle East Development Journal (MEDJ), 2012, 04, (01), 1250002-1-1250002-23
   See also Working Paper (2011)
5. Would liberalization lead to epidemic cocaine consumption?
   Applied Economics Letters, 2012, 19, (14), 1405-1409

2011

6. Informal Employment: Safety Net or Growth Engine?
   World Development, 2011, 39, (9), 1503-1515 View citations (2)
7. Is Irrigation Rehabilitation Good for Poor Farmers? An Impact Evaluation of a Non‐Experimental Irrigation Project in Peru
   Journal of Agricultural Economics, 2011, 62, (2), 449-473 View citations (2)
8. Volatilidad y crisis: Tres lecciones para países en desarrollo
   Revista Estudios Económicos, 2011, (22), 9-20

2010

9. The composition of growth matters for poverty alleviation
   Journal of Development Economics, 2010, 93, (1), 137-151 View citations (8)
   See also Working Paper (2006)

2009

10. El sector informal en México. Hechos y explicaciones fundamentales
    El Trimestre Económico, 2009, LXXVI (4), (304), 887-920
11. Openness can be good for growth: The role of policy complementarities
    Journal of Development Economics, 2009, 90, (1), 33-49 View citations (30)
    See also Working Paper (2006)

2008

12. Causas y consecuencias de la informalidad en el Perú
    Revista Estudios Económicos, 2008, (15), 43-64
13. El crecimiento económico en el perú
    Revista Economía, 2008, (61), 9-25 View citations (1)
14. Initial conditions and the outcome of economic reform
    Economics Letters, 2008, 101, (3), 230-233
15. The Aftermath of Civil War
    World Bank Economic Review, 2008, 22, (1), 63-85 View citations (7)
    See also Working Paper (2007)

2007

16. Macroeconomic Volatility and Welfare in Developing Countries: An Introduction
    World Bank Economic Review, 2007, 21, (3), 343-357 View citations (19)
17. The Structural Determinants of External Vulnerability
    World Bank Economic Review, 2007, 21, (3), 359-387 View citations (18)
    See also Working Paper (2006)

2006

18. Financial Development, Financial Fragility, and Growth
    Journal of Money, Credit and Banking, 2006, 38, (4), 1051-1076 View citations (31)
    See also Working Paper (2005)

2005

19. ACCOUNTABILITY AND CORRUPTION: POLITICAL INSTITUTIONS MATTER
    Economics and Politics, 2005, 17, 1-35 View citations (24)
    See also Working Paper (2001)
20. Country Portfolios
    Journal of the European Economic Association, 2005, 3, (4), 914-945 View citations (74)
    See also Working Paper (2004)
21. World market integration through the lens of foreign direct investors
    Journal of International Economics, 2005, 66, (2), 267-295 View citations (47)
    See also Working Paper (2003)

2004

22. Comment on: "The open society assesses its enemies: shocks, disasters and terrorist attacks"
    Journal of Monetary Economics, 2004, 51, (5), 1071-1075 View citations (6)
23. Slow recoveries
    Journal of Development Economics, 2004, 75, (2), 473-506 View citations (16)
    See also Working Paper (2004)

2002

24. Determinants of Current Account Deficits in Developing Countries
    The B.E. Journal of Macroeconomics, 2002, contributions.2, (1), 2 View citations (31)
    See also Working Paper (2000)
25. Inequality and Violent Crime
    Journal of Law and Economics, 2002, 45, (1), 1-40 View citations (94)
26. Sesgos de política económica cuando las autoridades fiscales y monetarias tienen objetivos diferentes
    Revista de Análisis del BCB, 2002, 5, (1), 123-156
27. The Golden Period For Growth In Chile: Explanations And Forecasts
    Journal Economía Chilena (The Chilean Economy), 2002, 5, (1), 37-67 View citations (14)
    See also Chapter (2002)
    Working Paper (2002)
28. Violent Crime: Does Social Capital Matter?
    Economic Development and Cultural Change, 2002, 50, (3), 509-39 View citations (36)
29. What causes violent crime?
    European Economic Review, 2002, 46, (7), 1323-1357 View citations (92)

2001

30. Comovements and Sectoral Interdependence: Evidence for Latin America, East Asia, and Europe
    IMF Staff Papers, 2001, 48, (2), 7 View citations (13)
31. Cuarta Conferencia Anual del Banco Central: "10 Años de Metas de Inflación: Diseño, Desempeño, Desafíos"
    Notas de Investigación Journal Economía Chilena (The Chilean Economy), 2001, 4, (2), 75-80

2000

32. Crime and Victimization: An Economic Perspective
    Journal of LACEA Economia, 2000 View citations (23)
33. Finance and the sources of growth
    Journal of Financial Economics, 2000, 58, (1-2), 261-300 View citations (568)
    See also Working Paper (2000)
34. Financial Structure in Chile: Macroeconomic Developments and Microeconomic Effects
    Journal Economía Chilena (The Chilean Economy), 2000, 3, (2), 5-30 View citations (50)
    See also Working Paper (2000)
35. Financial intermediation and growth: Causality and causes
    Journal of Monetary Economics, 2000, 46, (1), 31-77 View citations (709)
    See also Chapter (2002)
    Working Paper (2000)
36. Policy Biases when the Monetary and Fiscal Authorities have Different Objectives
    Journal Economía Chilena (The Chilean Economy), 2000, 3, (2), 53-72 View citations (2)
    See also Chapter (2002)
    Working Paper (2000)
37. Private Saving in India
    World Bank Economic Review, 2000, 14, (3), 571-594 View citations (3)
38. Saving in Developing Countries: An Overview
    World Bank Economic Review, 2000, 14, (3), 393-414 View citations (15)
39. What Drives Private Saving Across the World?
    The Review of Economics and Statistics, 2000, 82, (2), 165-181 View citations (62)
    See also Working Paper (1999)

1997

40. Has Latin America's post-reform growth been disappointing?
    Journal of International Economics, 1997, 43, (3-4), 287-311 View citations (83)
    See also Working Paper (1997)

1996

41. The Peace Dividend: Military Spending Cuts and Economic Growth
    IMF Staff Papers, 1996, 43, (1), 1-37 View citations (38)
    See also Working Paper (1996)
42. The economics of the informal sector: a simple model and some empirical evidence from Latin America
    Carnegie-Rochester Conference Series on Public Policy, 1996, 45, (1), 129-162 View citations (169)
    See also Working Paper (1997)

1995

43. Paradise Lost? Growth, Convergence, and Migration in the South Pacific
    IMF Staff Papers, 1995, 42, (3), 608-641 View citations (3)
    See also Working Paper (1995)

1993

44. Testing the Neoclassical Theory of Economic Growth: A Panel Data Approach
    IMF Staff Papers, 1993, 40, (3), 512-541 View citations (54)
    See also Working Paper (1992)

Books

2010

1. Business Regulation and Economic Performance
   World Bank Publications, The World Bank View citations (1)
2. Innocent Bystanders: Developing Countries and the War on Drugs
   World Bank Publications, The World Bank

2005

3. Economic Growth in Latin America and the Caribbean: Stylized Facts, Explanations, and Forecasts
   World Bank Publications, The World Bank View citations (4)
   See also Working Paper (2004)

Edited books

2012

1. Terrorism, Economic Development, and Political Openness
   Cambridge Books, Cambridge University Press

2008

2. Terrorism, Economic Development, and Political Openness
   Cambridge Books, Cambridge University Press View citations (2)

Chapters

2006

1. External Conditions and Growth Performance
   Chapter 3 in External Vulnerability and Preventive Policies, 2006, vol. 10, pp 041-070 View citations (5)
   See also Working Paper (2004)

2002

2. Financial Intermediation and Growth: Causality and Causes
   Chapter 2 in Banking, Financial Integration, and International Crises, 2002, vol. 3, pp 031-084 View citations (3)
   See also Working Paper (2000)
   Journal Article in Journal of Monetary Economics (2000)
3. Inflation Targeting: An Overview
   Chapter 1 in Inflation Targeting: Desing, Performance, Challenges, 2002, vol. 5, pp 001-022 View citations (20)
4. Monetary Policy Functions and Transmission Mechanisms: An Overview
   Chapter 1 in Monetary Policy: Rules and Transmission Mechanisms, 2002, vol. 4, pp 001-020 View citations (15)
5. Policy Biases when the Monetary and Fiscal Authorities Have Different Objectives
   Chapter 11 in Monetary Policy: Rules and Transmission Mechanisms, 2002, vol. 4, pp 299-330 View citations (3)
   See also Working Paper (2000)
   Journal Article in Journal Economía Chilena (The Chilean Economy) (2000)
6. The Golden Period for Growth in Chile. Explanations and Forecasts
   Chapter 13 in Economic Growth: Sources, Trends, and Cycles, 2002, vol. 6, pp 417-464 View citations (13)
   See also Working Paper (2002)
   Journal Article in Journal Economía Chilena (The Chilean Economy) (2002)
7. The Sources of Economic Growth: An Overview
   Chapter 1 in Economic Growth: Sources, Trends, and Cycles, 2002, vol. 6, pp 001-040 View citations (11)

2001

8. Un estudio del ahorro agregado por agentes económicos en Chile
   Chapter 3 in Análisis Empírico del Ahorro en Chile, 2001, vol. 1, pp 49-82 View citations (8)
   See also Working Paper (2000)
9. Una Revisión del COmportamiento y de los determinantes del ahorro en el mundo
   Chapter 2 in Análisis Empírico del Ahorro en Chile, 2001, vol. 1, pp 13-48 View citations (1)
   See also Working Paper (2001)

Editor

1. Central Banking, Analysis, and Economic Policies Book Series
   Central Bank of Chile