Details about Cesar A. Calderon

Access statistics for papers by Cesar A. Calderon.

Last updated 2018-03-08. Update your information in the RePEc Author Service.

Short-id: pca55

Working Papers

2017

1. Cyclicality of fiscal policy in Sub-Saharan Africa: magnitude and evolution
   Policy Research Working Paper Series, The World Bank View citations (5)

2016

2. Openness, specialization, and the external vulnerability of developing countries
   Policy Research Working Paper Series, The World Bank View citations (7)

2015

3. Do capital inflows boost growth in developing countries ? evidence from Sub-Saharan Africa
   Policy Research Working Paper Series, The World Bank View citations (9)

2014

4. Do Good Institutions Promote Counter-cyclical Macroeconomic Policies?
   Working Papers, Peruvian Economic Association
   Also in Documentos de Trabajo, Instituto de Economia. Pontificia Universidad Católica de Chile. (2012) View citations (23)
   Globalization Institute Working Papers, Federal Reserve Bank of Dallas (2012) View citations (8)
   See also Journal Article Do Good Institutions Promote Countercyclical Macroeconomic Policies?, Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford (2016) View citations (27) (2016)
5. Does Participatory Budgeting Improve Decentralized Public Service Delivery?
   IDB Publications (Working Papers), Inter-American Development Bank View citations (2)
6. Infrastructure, growth, and inequality: an overview
   Policy Research Working Paper Series, The World Bank View citations (10)
7. Ride the wild surf: an investigation of the drivers of surges in capital inflows
   Policy Research Working Paper Series, The World Bank View citations (6)

2013

8. Bank bailouts, competition, and the disparate effects for borrower and depositor welfare
   Policy Research Working Paper Series, The World Bank View citations (4)
9. Government Debt and Economic Growth
   IDB Publications (Working Papers), Inter-American Development Bank View citations (10)

2012

10. Gross inflows gone wild: gross capital inflows, credit booms and crises
    Policy Research Working Paper Series, The World Bank View citations (70)

2011

11. Characterizing the Business Cycles of Emerging Economies
    Documentos de Trabajo, Instituto de Economia. Pontificia Universidad Católica de Chile. View citations (16)
    Also in Policy Research Working Paper Series, The World Bank (2010) View citations (8)
12. Is infrastructure capital productive ? a dynamic heterogeneous approach
    Policy Research Working Paper Series, The World Bank View citations (35)
    Also in Working Papers, Banco de España (2011) View citations (24)
    See also Journal Article Is infrastructure capital productive? A dynamic heterogeneous approach, Journal of Applied Econometrics, John Wiley & Sons, Ltd. (2015) View citations (108) (2015)
13. Sudden stops: are global and local investors alike ?
    Policy Research Working Paper Series, The World Bank View citations (7)
    See also Journal Article Sudden stops: Are global and local investors alike?, Journal of International Economics, Elsevier (2013) View citations (66) (2013)

2010

14. Infrastructure in Latin America
    Policy Research Working Paper Series, The World Bank View citations (8)
15. Institutions and Cyclical Properties of Macroeconomic Policies in the Global Economy
    Documentos de Trabajo, Instituto de Economia. Pontificia Universidad Católica de Chile. View citations (12)
16. Trade and economic growth: evidence on the role of complementarities for CAFTA-DR countries
    Policy Research Working Paper Series, The World Bank View citations (4)

2009

17. Does financial openness lead to deeper domestic financial markets ?
    Policy Research Working Paper Series, The World Bank View citations (25)
18. Does higher openness cause more real exchange rate volatility ?
    Policy Research Working Paper Series, The World Bank View citations (10)
    See also Journal Article Does higher openness cause more real exchange rate volatility?, Journal of International Economics, Elsevier (2018) View citations (24) (2018)
19. How Much Room Does Latin America and the Caribbean Have for Implementing Counter-Cyclical Fiscal Policies?
    World Bank Publications - Reports, The World Bank Group View citations (4)
20. Infrastructure and growth in Africa
    Policy Research Working Paper Series, The World Bank View citations (28)
21. Infrastructure in Latin America: An Update, 1980-2006
    World Bank Publications - Reports, The World Bank Group
22. Removing the Constraints for Growth: Some Guidelines Some Guidelines
    Documentos de Trabajo, Instituto de Economia. Pontificia Universidad Católica de Chile.
23. Severity of the Crisis and its Transmission Channels
    World Bank Publications - Reports, The World Bank Group View citations (9)
24. Will FDI be Resilient in this Crisis?
    World Bank Publications - Reports, The World Bank Group View citations (9)
25. Zooming in: from aggregate volatility to income distribution
    Policy Research Working Paper Series, The World Bank View citations (7)
    Also in Business School Working Papers, Universidad Torcuato Di Tella (2007) View citations (1)

2008

26. Business Cycles and Fiscal Policies: the Role of Institutions and financial Markets
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (49)
27. Choosing an Exchange Rate Regime
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (6)
28. Does Openness Imply Greater Vulnerability?
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (2)
29. Infrastructure and economic development in Sub-Saharan Africa
    Policy Research Working Paper Series, The World Bank View citations (13)
30. Openness and Growth Volatility
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (9)
31. The Choice of Fiscal Regimes in the World
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (22)
32. What Drives Inflation in the World?
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (16)
    See also Chapter What Drives Inflation in the World?, RBA Annual Conference Volume (Discontinued), Reserve Bank of Australia (2010) View citations (10) (2010)
33. What drives the Choice of Money-based Targets in the World?
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (4)

2007

34. What is the impact of international remittances on poverty and inequality in Latin America ?
    Policy Research Working Paper Series, The World Bank View citations (58)
    See also Journal Article What is the Impact of International Remittances on Poverty and Inequality in Latin America?, World Development, Elsevier (2008) View citations (202) (2008)

2006

35. Búsqueda de rentas y democracia en América Latina: ¿Qué impulsa a qué?
    Research Department Publications, Inter-American Development Bank, Research Department
36. Institutional Enforcement, Labor-Market Rigidities, and Economic Performance
    Research Department Publications, Inter-American Development Bank, Research Department View citations (1)
    See also Journal Article Institutional enforcement, labor-market rigidities, and economic performance, Emerging Markets Review, Elsevier (2007) View citations (5) (2007)
37. Rent Seeking and Democracy in Latin America: What Drives What?
    Research Department Publications, Inter-American Development Bank, Research Department View citations (2)
    Also in IDB Publications (Working Papers), Inter-American Development Bank (2006)

2005

38. Cuanto Explican las Reformas y la Calidad de las Instituciones el Crecimiento Chileno? Una Comparación Internacional
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (3)
39. Do Democracies Breed Rent-Seeking Behavior?
    IDB Publications (Working Papers), Inter-American Development Bank View citations (1)
    Also in Research Department Publications, Inter-American Development Bank, Research Department (2005) View citations (1)
40. Does openness imply greater exposure ?
    Policy Research Working Paper Series, The World Bank View citations (18)
41. Factores Macroeconómicos en Retornos Accionarios Chilenos
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (1)
42. Real Exchange Rate Misalignments and Economic Performance
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (134)
43. The Effects of Infrastructure Development on Growth and Income Distribution
    DEGIT Conference Papers, DEGIT, Dynamics, Economic Growth, and International Trade View citations (9)
    Also in Policy Research Working Paper Series, The World Bank (2004) View citations (189)
    Working Papers Central Bank of Chile, Central Bank of Chile (2004) View citations (168)
44. ¿Fomentan las democracias conductas de procura de rentas?
    Research Department Publications, Inter-American Development Bank, Research Department

2004

45. 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 (50)
    See also Book Economic Growth in Latin America and the Caribbean: Stylized Facts, Explanations, and Forecasts, World Bank Publications - Books, The World Bank Group (2005) View citations (130) (2005)
46. External Conditions and Growth Performance
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (14)
    See also Chapter External Conditions and Growth Performance, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2006) View citations (10) (2006)
47. Greenfield foreign direct investment and mergers and acquisitions - feedback and macroeconomic effects
    Policy Research Working Paper Series, The World Bank View citations (40)
48. Institutions and Cyclical Properties of Macroeconomic Policies
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (37)
49. Labor Market Regulations and Income Inequality: Evidence for a Panel of Countries
    IDB Publications (Working Papers), Inter-American Development Bank View citations (2)
    Also in Research Department Publications, Inter-American Development Bank, Research Department (2004) View citations (10)
    See also Chapter Labor Market Regulations and Income Inequality: Evidence for a Panel of Countries, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2005) View citations (7) (2005)
50. Normativa del mercado laboral y desigualdad del ingreso: elementos de juicio de un grupo de países
    Research Department Publications, Inter-American Development Bank, Research Department
51. The Effects of Infrastructure Development on Growth and income
    Econometric Society 2004 Latin American Meetings, Econometric Society View citations (183)
52. The quality of institutions and cyclical properties of macroeconomic policies
    Econometric Society 2004 Latin American Meetings, Econometric Society View citations (14)
53. Trade Openness And Real Exchange Rate Volatility: Panel Data Evidence
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (10)
54. Trends in Infrastructure in Latin America, 1980-2001
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (8)
    Also in Policy Research Working Paper Series, The World Bank (2004) View citations (7)
55. Un Análisis del Comportamiento del Tipo de Cambio Real en Chile
    Working Papers Central Bank of Chile, Central Bank of Chile

2003

56. Do Free Trade Agreements Enhance the Transmission of Shocks Across Countries?
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (4)
57. Do capital flows respond to risk and return?
    Policy Research Working Paper Series, The World Bank View citations (8)
58. Macroeconomic Policies and Performance in Latin America
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (76)
    See also Journal Article Macroeconomic policies and performance in Latin America, Journal of International Money and Finance, Elsevier (2003) View citations (80) (2003)
59. Purchasing Power Parity in an Emerging Market Economy: A Long-Span Study for Chile
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (24)
    See also Journal Article Purchasing power parity in an emerging market economy: a long- span study for Chile, Estudios de Economia, University of Chile, Department of Economics (2003) View citations (24) (2003)
60. Sincronización de la intensidad del comercio internacional y el ciclo económico: ¿Hay alguna diferencia en los países en desarrollo?
    Research Department Publications, Inter-American Development Bank, Research Department
61. The Role of Credibility in the Cyclical Properties of Macroeconomic Policies in Emerging Economies
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (7)
    See also Journal Article The role of credibility in the cyclical properties of macroeconomic policies in emerging economies, Review of World Economics (Weltwirtschaftliches Archiv), Springer (2004) View citations (37) (2004)
62. Trade Intensity and Business Cycle Synchronization: Are Developing Countries any Different?
    IDB Publications (Working Papers), Inter-American Development Bank View citations (1)
    Also in Research Department Publications, Inter-American Development Bank, Research Department (2003) View citations (34)
    Working Papers Central Bank of Chile, Central Bank of Chile (2002) View citations (40)
    See also Journal Article Trade intensity and business cycle synchronization: Are developing countries any different?, Journal of International Economics, Elsevier (2007) View citations (237) (2007)

2002

63. Greenfield Fdi vs. Mergers and Acquisitions: Does the Distinction Matter?
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (11)
64. How Did Latin America’s Infrastructure Fare in the era of Macroeconomic Crises?
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (3)
65. Infrastructure Compression and Public Sector Solvency in Latin America
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (5)
66. Real Exchange Rates in the Long and Short Run: A Panel Co-Integration Approach
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (4)
    See also Journal Article Real exchange rates in the long and short run: a panel co-integration approach, Revista de Analisis Economico – Economic Analysis Review, Universidad Alberto Hurtado/School of Economics and Business (2004) View citations (1) (2004)
67. The Direction of Causality Between Financial Development and Economic Growth
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (9)
    See also Journal Article The direction of causality between financial development and economic growth, Journal of Development Economics, Elsevier (2003) View citations (475) (2003)
68. The Output Cost of Latin America’s Infrastructure Gap
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (3)

2001

69. Estructura y desarrollo de instituciones financieras y su relación con la confianza: elementos de juicio de varios países
    Research Department Publications, Inter-American Development Bank, Research Department
70. International Portfolio Diversification: The Role of Risk and Return
    Working Papers Central Bank of Chile, Central Bank of Chile
71. Structure and Development of Financial Institutions and Links with Trust: Cross-Country Evidence
    Research Department Publications, Inter-American Development Bank, Research Department View citations (19)
    Also in IDB Publications (Working Papers), Inter-American Development Bank (2001) View citations (3)
72. Volume and Quality of Infrastructure and the Distribution of Income: An Empirical Investigation
    IDB Publications (Working Papers), Inter-American Development Bank
    Also in Research Department Publications, Inter-American Development Bank, Research Department (2001) View citations (6)
    See also Journal Article Volume and Quality of Infrastructure and the Distribution of Income: An Empirical Investigation, Review of Income and Wealth, International Association for Research in Income and Wealth (2004) View citations (75) (2004)
73. Volumen y calidad de la infraestructura y la distribución del ingreso: investigación empírica
    Research Department Publications, Inter-American Development Bank, Research Department

2000

74. Determinants of current account deficits in developing countries
    Policy Research Working Paper Series, The World Bank View citations (42)
    Also in Working Papers Central Bank of Chile, Central Bank of Chile (1999) View citations (18)
75. External sustainability: a stock equilibrium perspective
    Policy Research Working Paper Series, The World Bank View citations (10)

1993

76. El ciclo económico en el Perú
    Documentos de Investigación, Grupo de Análisis para el Desarrollo (GRADE) View citations (1)

Journal Articles

2018

1. Does higher openness cause more real exchange rate volatility?
   Journal of International Economics, 2018, 110, (C), 176-204 View citations (24)
   See also Working Paper Does higher openness cause more real exchange rate volatility ?, Policy Research Working Paper Series (2009) View citations (10) (2009)

2016

2. Citius, Altius, Fortius: Is Growth in Sub-Saharan Africa More Resilient?
   Journal of African Economies, 2016, 25, (4), 502-528 View citations (3)
3. Do Good Institutions Promote Countercyclical Macroeconomic Policies?
   Oxford Bulletin of Economics and Statistics, 2016, 78, (5), 650-670 View citations (27)
   See also Working Paper Do Good Institutions Promote Counter-cyclical Macroeconomic Policies?, Working Papers (2014) (2014)
4. Introduction to the Special Issue Africa's Macroeconomic Vulnerabilities
   Journal of African Economies, 2016, 25, (4), 499-501
5. The Cyclical Nature of Fiscal Policy in Sub-Saharan Africa
   Journal of African Economies, 2016, 25, (4), 548-579 View citations (20)
6. The Effects of Government Interventions in the Financial Sector on Banking Competition and the Evolution of Zombie Banks
   Journal of Financial and Quantitative Analysis, 2016, 51, (4), 1391-1436 View citations (41)

2015

7. Is infrastructure capital productive? A dynamic heterogeneous approach
   Journal of Applied Econometrics, 2015, 30, (2), 177-198 View citations (108)
   See also Working Paper Is infrastructure capital productive ? a dynamic heterogeneous approach, Policy Research Working Paper Series (2011) View citations (35) (2011)

2014

8. Have business cycles changed over the last two decades? An empirical investigation
   Journal of Development Economics, 2014, 109, (C), 98-123 View citations (27)

2013

9. Asimetrías en el Ajuste del Desalineamiento Cambiario en Chile
   Notas de Investigación Journal Economía Chilena (The Chilean Economy), 2013, 16, (3), 90-101
10. Sudden stops: Are global and local investors alike?
    Journal of International Economics, 2013, 89, (1), 122-142 View citations (66)
    See also Working Paper Sudden stops: are global and local investors alike ?, Policy Research Working Paper Series (2011) View citations (7) (2011)

2012

11. Removing the constraints for growth: Some guidelines
    Journal of Policy Modeling, 2012, 34, (6), 948-970 View citations (7)

2011

12. Erratum to: Labor market institutions and income inequality: an empirical exploration
    Public Choice, 2011, 147, (3), 527-527 View citations (3)

2010

13. Infrastructure and Economic Development in Sub-Saharan Africa-super- †
    Journal of African Economies, 2010, 19, (suppl_1), 13-87 View citations (14)

2009

14. Labor market institutions and income inequality: an empirical exploration
    Public Choice, 2009, 138, (1), 65-81 View citations (36)

2008

15. What is the Impact of International Remittances on Poverty and Inequality in Latin America?
    World Development, 2008, 36, (1), 89-114 View citations (202)
    See also Working Paper What is the impact of international remittances on poverty and inequality in Latin America ?, Policy Research Working Paper Series (2007) View citations (58) (2007)

2007

16. Current Account Deficits in Africa: Stylized Facts and Basic Determinants
    Economic Development and Cultural Change, 2007, 56, (1), 191-221 View citations (24)
17. Institutional enforcement, labor-market rigidities, and economic performance
    Emerging Markets Review, 2007, 8, (1), 38-49 View citations (5)
    See also Working Paper Institutional Enforcement, Labor-Market Rigidities, and Economic Performance, Research Department Publications (2006) View citations (1) (2006)
18. Trade intensity and business cycle synchronization: Are developing countries any different?
    Journal of International Economics, 2007, 71, (1), 2-21 View citations (237)
    See also Working Paper Trade Intensity and Business Cycle Synchronization: Are Developing Countries any Different?, IDB Publications (Working Papers) (2003) View citations (1) (2003)

2006

19. Complementarities between Institutions and Openness in Economic Development: Evidence for a Panel of Countries
    Latin American Journal of Economics-formerly Cuadernos de Economía, 2006, 43, (127), 49-80 View citations (10)
20. Remittances and Development in Latin America
    The World Economy, 2006, 29, (7), 957-987 View citations (54)
21. ¿Cuánto explican las reformas y la calidad de las instituciones del crecimiento chileno?: una comparación internacional
    Monetaria, 2006, XXIX, (2), 119-149 View citations (2)

2004

22. An Analysis of the Behavior of the Real Exchange Rate in Chile
    Journal Economía Chilena (The Chilean Economy), 2004, 7, (1), 5-30
23. Real exchange rates in the long and short run: a panel co-integration approach
    Revista de Analisis Economico – Economic Analysis Review, 2004, 19, (2), 41-83 View citations (1)
    See also Working Paper Real Exchange Rates in the Long and Short Run: A Panel Co-Integration Approach, Working Papers Central Bank of Chile (2002) View citations (4) (2002)
24. The role of credibility in the cyclical properties of macroeconomic policies in emerging economies
    Review of World Economics (Weltwirtschaftliches Archiv), 2004, 140, (4), 613-633 View citations (37)
    See also Working Paper The Role of Credibility in the Cyclical Properties of Macroeconomic Policies in Emerging Economies, Working Papers Central Bank of Chile (2003) View citations (7) (2003)
25. Volume and Quality of Infrastructure and the Distribution of Income: An Empirical Investigation
    Review of Income and Wealth, 2004, 50, (1), 87-106 View citations (75)
    See also Working Paper Volume and Quality of Infrastructure and the Distribution of Income: An Empirical Investigation, IDB Publications (Working Papers) (2001) (2001)

2003

26. El Rol de la Credibilidad en el Comportamiento Cíclico de las Políticas Macroeconómicas: Evidencia para Chile
    Notas de Investigación Journal Economía Chilena (The Chilean Economy), 2003, 6, (3), 67-69
27. Macroeconomic policies and performance in Latin America
    Journal of International Money and Finance, 2003, 22, (7), 895-923 View citations (80)
    See also Working Paper Macroeconomic Policies and Performance in Latin America, Working Papers Central Bank of Chile (2003) View citations (76) (2003)
28. Purchasing power parity in an emerging market economy: a long- span study for Chile
    Estudios de Economia, 2003, 30, (1 Year 2003), 103-132 View citations (24)
    See also Working Paper Purchasing Power Parity in an Emerging Market Economy: A Long-Span Study for Chile, Working Papers Central Bank of Chile (2003) View citations (24) (2003)
29. The direction of causality between financial development and economic growth
    Journal of Development Economics, 2003, 72, (1), 321-334 View citations (475)
    See also Working Paper The Direction of Causality Between Financial Development and Economic Growth, Working Papers Central Bank of Chile (2002) View citations (9) (2002)

2002

30. Development and Efficiency of the Financial Sector and Links with Trust: Cross-Country Evidence
    Economic Development and Cultural Change, 2002, 51, (1), 189-204 View citations (26)
31. La Tasa de Interés Real Neutral en Chile
    Notas de Investigación Journal Economía Chilena (The Chilean Economy), 2002, 5, (2), 65-72 View citations (15)

2001

32. External sector and income inequality in interdependent economies using a dynamic panel data approach
    Economics Letters, 2001, 71, (2), 225-231 View citations (61)
33. ON NON-LINEARITIES BETWEEN EXPORTS OF MANUFACTURES AND ECONOMIC GROWTH
    Journal of Applied Economics, 2001, 4, 279-311 View citations (4)

2000

34. Causality and Feedback Between Institutional Measures and Economic Growth
    Economics and Politics, 2000, 12, (1), 69-81 View citations (185)
35. Institutional Quality and Income Distribution
    Economic Development and Cultural Change, 2000, 48, (4), 761-86 View citations (110)
36. Institutional quality and poverty measures in a cross-section of countries
    Economics of Governance, 2000, 1, (2), 123-135 View citations (38)

1993

37. Educación, capital humano y crecimiento económico: el caso de América Latina
    Revista Economía, 1993, (31), 23-70

Books

2005

1. Economic Growth in Latin America and the Caribbean: Stylized Facts, Explanations, and Forecasts
   World Bank Publications - Books, The World Bank Group View citations (130)
   See also Working Paper Economic Growth in Latin America and The Caribbean: Stylized Facts, Explanations, and Forecasts, Working Papers Central Bank of Chile, Central Bank of Chile (2004) View citations (50) (2004)

Chapters

2010

1. What Drives Inflation in the World?
   A chapter in Inflation in an Era of Relative Price Shocks, 2010 View citations (10)
   See also Working Paper What Drives Inflation in the World?, Central Bank of Chile (2008) View citations (16) (2008)

2006

2. External Conditions and Growth Performance
   Chapter 3 in External Vulnerability and Preventive Policies, 2006, vol. 10, pp 041-070 View citations (10)
   See also Working Paper External Conditions and Growth Performance, Central Bank of Chile (2004) View citations (14) (2004)
3. External Vulnerability and Preventive Policies: An Overview
   Chapter 1 in External Vulnerability and Preventive Policies, 2006, vol. 10, pp 001-014 View citations (3)

2005

4. Are Labor Market Regulations an Obstacle for Long-term Growth?
   Chapter 6 in Labor Markets and Institutions, 2005, vol. 8, pp 167-219 View citations (4)
5. Labor Market Regulations and Income Inequality: Evidence for a Panel of Countries
   Chapter 7 in Labor Markets and Institutions, 2005, vol. 8, pp 221-279 View citations (7)
   See also Working Paper Labor Market Regulations and Income Inequality: Evidence for a Panel of Countries, Inter-American Development Bank (2004) View citations (2) (2004)