Details about Luis Servén

E-mail:
Workplace:	Centro de Estudios Monetarios y Financieros (CEMFI) (Center for Monetary and Financial Studies), (more information at EDIRC)

Access statistics for papers by Luis Servén.

Last updated 2024-11-12. Update your information in the RePEc Author Service.

Short-id: pse75

---

Jump to Journal Articles Books Edited books Chapters

Working Papers

2022

1. Poverty Convergence Clubs
   Working Papers, ECINEQ, Society for the Study of Economic Inequality
2. The Structural and Productivity Effects of Infrastructure Provision in Developed and Developing Countries
   Efficiency Series Papers, University of Oviedo, Department of Economics, Oviedo Efficiency Group (OEG)
   Also in Working Papers, Copenhagen Business School, Department of Economics (2022)
   See also Chapter The Structural and Productivity Effects of Infrastructure Provision in Developed and Developing Countries, Advances in Econometrics, Emerald Group Publishing Limited (2024) (2024)

2020

3. Gross Capital Flows by Banks, Corporates and Sovereigns
   Working Papers, CEMFI View citations (5)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2017) View citations (39)
   BIS Working Papers, Bank for International Settlements (2018) View citations (37)
   Policy Research Working Paper Series, The World Bank (2018) View citations (29)
   See also Journal Article Gross Capital Flows by Banks, Corporates, and Sovereigns, Journal of the European Economic Association, European Economic Association (2022) View citations (28) (2022)
4. Productivity and the Welfare of Nations
   Working Papers, CEMFI
   Also in Working Papers, Barcelona School of Economics (2015) View citations (19)
   NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (18)
   Boston College Working Papers in Economics, Boston College Department of Economics (2016) View citations (7)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020)
   IZA Discussion Papers, Institute of Labor Economics (IZA) (2012) View citations (19)
   CAGE Online Working Paper Series, Competitive Advantage in the Global Economy (CAGE) (2013) View citations (5)
   Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2012) View citations (19)
   Policy Research Working Paper Series, The World Bank (2012) View citations (13)
   See also Journal Article Productivity and the Welfare of Nations, Journal of the European Economic Association, European Economic Association (2022) View citations (5) (2022)

2019

5. Adding Space to the International Business Cycle
   Policy Research Working Paper Series, The World Bank View citations (2)
   See also Journal Article Adding space to the international business cycle, Journal of Macroeconomics, Elsevier (2020) View citations (3) (2020)
6. Swept by the Tide ? The International Comovement of Capital Flows
   Policy Research Working Paper Series, The World Bank View citations (1)

2018

7. Assessing the degree of international consumption risk sharing
   Department of Economics Working Papers, Universidad Torcuato Di Tella View citations (9)
   Also in Policy Research Working Paper Series, The World Bank (2016)
   See also Journal Article Assessing the degree of international consumption risk sharing, Journal of Development Economics, Elsevier (2018) View citations (9) (2018)
8. Assessing the international comovement of equity returns
   Policy Research Working Paper Series, The World Bank
9. Gross capital flows, common factors, and the global financial cycle
   Policy Research Working Paper Series, The World Bank View citations (21)
10. Growth, Inequality, and Poverty: A Robust Relationship?
    Policy Research Working Paper Series, The World Bank View citations (4)
    Also in Working Papers, ECINEQ, Society for the Study of Economic Inequality (2018) View citations (5)
    See also Journal Article Growth, inequality and poverty: a robust relationship?, Empirical Economics, Springer (2022) View citations (9) (2022)

2017

11. Gross Capital Inflows to Banks, Corporates and Sovereigns
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (39)

2016

12. Openness, specialization, and the external vulnerability of developing countries
    Policy Research Working Paper Series, The World Bank View citations (7)
    See also Journal Article Openness, specialization, and the external vulnerability of developing countries, Journal of Development Economics, Elsevier (2018) View citations (17) (2018)

2014

13. Infrastructure, growth, and inequality: an overview
    Policy Research Working Paper Series, The World Bank View citations (11)
14. Testing weak exogeneity in cointegrated panels
    Policy Research Working Paper Series, The World Bank View citations (1)
    Also in Working Papers, Banco de España (2013) View citations (1)
    See also Journal Article Testing weak exogeneity in cointegrated panels, Applied Economics, Taylor & Francis Journals (2015) View citations (6) (2015)

2013

15. Partial consumption insurance and financial openness across the world
    Policy Research Working Paper Series, The World Bank View citations (1)

2011

16. 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 (115) (2015)
17. Medium Term Business Cycles in Developing Countries
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (14)
    Harvard Business School Working Papers, Harvard Business School (2010) View citations (6)
    Policy Research Working Paper Series, The World Bank (2009) View citations (15)
    See also Journal Article Medium Term Business Cycles in Developing Countries, American Economic Journal: Macroeconomics, American Economic Association (2014) View citations (14) (2014)

2010

18. General Equilibrium Dynamics of Foreign Shocks and Policy Changes in Chile
    EcoMod2003, EcoMod View citations (4)
    See also Chapter General Equilibrium Dynamics of Foreign Shocks ans Policy Changes in Chile, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2005) View citations (8) (2005)
19. Global imbalances before and after the global crisis
    Policy Research Working Paper Series, The World Bank View citations (19)
20. Infrastructure in Latin America
    Policy Research Working Paper Series, The World Bank View citations (8)
21. Productivity, Welfare and Reallocation: Theory and Firm Level Evidence
    Boston College Working Papers in Economics, Boston College Department of Economics View citations (8)
    Also in Working Papers, Federal Reserve Bank of Boston (2009) View citations (18)
    Policy Research Working Paper Series, The World Bank (2010) View citations (11)
    NBER Working Papers, National Bureau of Economic Research, Inc (2009) View citations (20)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2009) View citations (19)
22. Undervaluation through foreign reserve accumulation: static losses, dynamic gains
    Policy Research Working Paper Series, The World Bank View citations (37)
    See also Journal Article Undervaluation through foreign reserve accumulation: Static losses, dynamic gains, Journal of International Money and Finance, Elsevier (2016) View citations (46) (2016)

2009

23. Are all the sacred cows dead ? implications of the financial crisis for macro and financial policies
    Policy Research Working Paper Series, The World Bank View citations (7)
    See also Journal Article Are All the Sacred Cows Dead? Implications of the Financial Crisis for Macro- and Financial Policies, The World Bank Research Observer, World Bank (2010) View citations (18) (2010)
24. Back to Global Imbalances?
    World Bank Publications - Reports, The World Bank Group
25. Informality in Latin America and the Caribbean
    Policy Research Working Paper Series, The World Bank View citations (33)
26. Infrastructure in Latin America: An Update, 1980-2006
    World Bank Publications - Reports, The World Bank Group
27. Too poor to grow
    Policy Research Working Paper Series, The World Bank View citations (15)
    See also Chapter Too Poor to Grow, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2015) (2015)

2008

28. Fiscal redistribution and income inequality in Latin America
    Policy Research Working Paper Series, The World Bank View citations (17)
    See also Journal Article Fiscal Redistribution and Income Inequality in Latin America, World Development, Elsevier (2011) View citations (59) (2011)
29. Infrastructure and economic development in Sub-Saharan Africa
    Policy Research Working Paper Series, The World Bank View citations (13)
30. Real Exchange Rates, Saving and Growth: Is there a Link?
    Center for Development Economics, Department of Economics, Williams College View citations (18)
    Also in Policy Research Working Paper Series, The World Bank (2008) View citations (15)

2007

31. Fiscal rules, public investment, and growth
    Policy Research Working Paper Series, The World Bank View citations (9)
32. Macroeconomic Volatility and Welfare in Developing Countries: an Introduction
    Post-Print, HAL View citations (113)
    See also Journal Article Macroeconomic Volatility and Welfare in Developing Countries: An Introduction, The World Bank Economic Review, World Bank (2007) View citations (158) (2007)
33. Walking up the down escalator: public investment and fiscal stability
    Policy Research Working Paper Series, The World Bank View citations (4)
    See also Journal Article Walking up the Down Escalator: Public Investment and Fiscal Stability, The World Bank Research Observer, World Bank (2008) View citations (23) (2008)

2006

34. A normal relationship ? Poverty, growth, and inequality
    Policy Research Working Paper Series, The World Bank View citations (50)
35. Getting realabout inequality: evidence from Brazil, Colombia, Mexico, and Peru
    Policy Research Working Paper Series, The World Bank View citations (7)

2005

36. Regulation and macroeconomic performance
    Policy Research Working Paper Series, The World Bank View citations (17)
37. 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 (194)
    Working Papers Central Bank of Chile, Central Bank of Chile (2004) View citations (173)
38. The impact of regulation on growth and informality - cross-country evidence
    Policy Research Working Paper Series, The World Bank View citations (58)

2004

39. 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)
    Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra (2000) View citations (37)
    NBER Working Papers, National Bureau of Economic Research, Inc (2000) View citations (46)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2001) View citations (2)
    See also Journal Article Country Portfolios, Journal of the European Economic Association, MIT Press (2005) View citations (127) (2005)
40. General Equilibrium Dynamics of External Shocks and Policy Changes in Chile
    Working Papers Central Bank of Chile, Central Bank of Chile
41. Greenfield foreign direct investment and mergers and acquisitions - feedback and macroeconomic effects
    Policy Research Working Paper Series, The World Bank View citations (40)
42. Macroeconomic stability in developing countries - How much is enough?
    Policy Research Working Paper Series, The World Bank View citations (7)
    See also Journal Article Macroeconomic Stability in Developing Countries: How Much Is Enough?, The World Bank Research Observer, World Bank (2006) View citations (11) (2006)
43. Tango with the Gringo: the hard peg and real misalignment in Argentina
    Policy Research Working Paper Series, The World Bank View citations (18)
    Also in Working Papers, Banco de España (2004) View citations (5)
44. The Effects of Infrastructure Development on Growth and income
    Econometric Society 2004 Latin American Meetings, Econometric Society View citations (187)
45. 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)

2003

46. Comments
    LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library
47. Do capital flows respond to risk and return?
    Policy Research Working Paper Series, The World Bank View citations (8)
48. The anatomy of a multiple crisis: why was Argentina special and what can we learn from it?
    Policy Research Working Paper Series, The World Bank View citations (28)
49. World market integration through the lens of foreign direct investors
    Policy Research Working Paper Series, The World Bank View citations (21)
    See also Journal Article World market integration through the lens of foreign direct investors, Journal of International Economics, Elsevier (2005) View citations (119) (2005)

2002

50. Global Transmission of Interest Rates: Monetary Independence and Currency Regime
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (44)
    Also in Policy Research Working Paper Series, The World Bank (2000) View citations (18)
    See also Journal Article Global transmission of interest rates: monetary independence and currency regime, Journal of International Money and Finance, Elsevier (2004) View citations (236) (2004)
51. Greenfield Fdi vs. Mergers and Acquisitions: Does the Distinction Matter?
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (11)
52. 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)
53. Infrastructure Compression and Public Sector Solvency in Latin America
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (5)
54. Pricing Currency Risk: Facts and Puzzles from Currency Boards
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    Also in Policy Research Working Paper Series, The World Bank (2002) View citations (11)
55. Real exchange rate uncertainty and private investment in developing countries
    Policy Research Working Paper Series, The World Bank View citations (12)
56. The Output Cost of Latin America’s Infrastructure Gap
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (3)

2001

57. International Portfolio Diversification: The Role of Risk and Return
    Working Papers Central Bank of Chile, Central Bank of Chile
58. Una Revisión del Comportamientoy de los Determinantes del Ahorro en el Mundo
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (4)
    See also Chapter Una Revisión del COmportamiento y de los determinantes del ahorro en el mundo, Central Banking, Analysis, and Economic Policies Book Series, Central Bank of Chile (2001) View citations (7) (2001)

2000

59. External sustainability: a stock equilibrium perspective
    Policy Research Working Paper Series, The World Bank View citations (10)
60. Policy Shifts and External Shocks in Chile Under Rational Expectations
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society View citations (8)
61. Verifiability and the Vanishing Intermediate Exchange Rate Regime
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (63)
62. Verifying exchange rate regimes
    Policy Research Working Paper Series, The World Bank View citations (15)
    See also Journal Article Verifying exchange rate regimes, Journal of Development Economics, Elsevier (2001) View citations (71) (2001)
63. What drives private saving around the world?
    Policy Research Working Paper Series, The World Bank View citations (200)

1999

64. Measuring aid flows: a new approach
    Policy Research Working Paper Series, The World Bank View citations (28)
    Also in IDB Publications (Working Papers), Inter-American Development Bank (1998) View citations (15)
    Research Department Publications, Inter-American Development Bank, Research Department (1998) View citations (62)
65. Saving - What Do We Know, and Why Do We Care?
    World Bank Publications - Reports, The World Bank Group View citations (1)
66. What Drives Private Saving Across the World?
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (51)
    Also in Working Papers, Cambridge - Risk, Information & Quantity Signals (1999) View citations (14)
    See also Journal Article What Drives Private Saving Across the World?, The Review of Economics and Statistics, MIT Press (2000) View citations (359) (2000)

1998

67. Cuantificación de los flujos de asistencia: un nuevo enfoque
    Research Department Publications, Inter-American Development Bank, Research Department
68. Macroeconomic uncertainty and private investment in developing countries - an empirical investigation
    Policy Research Working Paper Series, The World Bank View citations (24)

1997

69. Does Income Inequality Raise Aggregate Saving?
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (1)
    See also Journal Article Does income inequality raise aggregate saving?, Journal of Development Economics, Elsevier (2000) View citations (61) (2000)
70. Saving Across the World: Puzzles and Policies
    World Bank - Discussion Papers, World Bank View citations (27)
71. Uncertainty, instability, and irreversible investment: theory, evidence, and lessons for Africa
    Policy Research Working Paper Series, The World Bank View citations (8)

1996

72. Does public capital crowd out private capital?: evidence from India
    Policy Research Working Paper Series, The World Bank View citations (4)
73. Income inequality and aggregate saving: the cross-country evidence
    Policy Research Working Paper Series, The World Bank View citations (7)

1995

74. Fiscal and monetary contraction in Chile: a rational-expectations approach
    Policy Research Working Paper Series, The World Bank
75. Terms-of-trade shocks and optimal investment: another look at the Laursen-Metzler effect
    Policy Research Working Paper Series, The World Bank View citations (3)
    See also Journal Article Terms-of-trade shocks and optimal investment: another look at the Laursen-Metzler effect, Journal of International Money and Finance, Elsevier (1999) View citations (19) (1999)

1994

76. Capital goods imports, the real exchange rate, and the current account
    Policy Research Working Paper Series, The World Bank View citations (1)
    See also Journal Article Capital goods imports, the real exchange rate and the current account, Journal of International Economics, Elsevier (1995) View citations (19) (1995)
77. Dynamic response to external shocks in classical and Keynesian economies
    Policy Research Working Paper Series, The World Bank View citations (5)
78. Fiscal policy in classical and Keynesian open economies
    Policy Research Working Paper Series, The World Bank View citations (3)
79. Saving, investment, and growth in developing countries: an overview
    Policy Research Working Paper Series, The World Bank View citations (5)

1992

80. Dynamic response to foreign transfers and terms-of-trade shocks in open economies
    Policy Research Working Paper Series, The World Bank View citations (2)

1991

81. Adjustment policies and investment performance in developing countries: theory, country experiences, and policy implications
    Policy Research Working Paper Series, The World Bank View citations (1)
82. An empirical macroeconomic model for policy design: the case of Chile
    Policy Research Working Paper Series, The World Bank View citations (4)

1990

83. Anticipated real exchange-rate changes and the dynamics of investment
    Policy Research Working Paper Series, The World Bank View citations (1)

1989

84. Private investment and macroeconomic adjustment: an overview
    Policy Research Working Paper Series, The World Bank View citations (5)

Journal Articles

2022

1. Gross Capital Flows by Banks, Corporates, and Sovereigns
   Journal of the European Economic Association, 2022, 20, (5), 2098-2135 View citations (28)
   See also Working Paper Gross Capital Flows by Banks, Corporates and Sovereigns, Working Papers (2020) View citations (5) (2020)
2. Growth, inequality and poverty: a robust relationship?
   Empirical Economics, 2022, 63, (2), 725-791 View citations (9)
   See also Working Paper Growth, Inequality, and Poverty: A Robust Relationship?, Policy Research Working Paper Series (2018) View citations (4) (2018)
3. Productivity and the Welfare of Nations
   Journal of the European Economic Association, 2022, 20, (4), 1647-1682 View citations (5)
   See also Working Paper Productivity and the Welfare of Nations, Working Papers (2020) (2020)

2020

4. Adding space to the international business cycle
   Journal of Macroeconomics, 2020, 65, (C) View citations (3)
   See also Working Paper Adding Space to the International Business Cycle, Policy Research Working Paper Series (2019) View citations (2) (2019)

2018

5. Assessing the degree of international consumption risk sharing
   Journal of Development Economics, 2018, 134, (C), 176-190 View citations (9)
   See also Working Paper Assessing the degree of international consumption risk sharing, Department of Economics Working Papers (2018) View citations (9) (2018)
6. Openness, specialization, and the external vulnerability of developing countries
   Journal of Development Economics, 2018, 134, (C), 310-328 View citations (17)
   See also Working Paper Openness, specialization, and the external vulnerability of developing countries, Policy Research Working Paper Series (2016) View citations (7) (2016)

2016

7. Undervaluation through foreign reserve accumulation: Static losses, dynamic gains
   Journal of International Money and Finance, 2016, 64, (C), 104-136 View citations (46)
   See also Working Paper Undervaluation through foreign reserve accumulation: static losses, dynamic gains, Policy Research Working Paper Series (2010) View citations (37) (2010)

2015

8. Is infrastructure capital productive? A dynamic heterogeneous approach
   Journal of Applied Econometrics, 2015, 30, (2), 177-198 View citations (115)
   See also Working Paper Is infrastructure capital productive ? a dynamic heterogeneous approach, Policy Research Working Paper Series (2011) View citations (35) (2011)
9. Testing weak exogeneity in cointegrated panels
   Applied Economics, 2015, 47, (30), 3216-3228 View citations (6)
   See also Working Paper Testing weak exogeneity in cointegrated panels, Policy Research Working Paper Series (2014) View citations (1) (2014)

2014

10. Medium Term Business Cycles in Developing Countries
    American Economic Journal: Macroeconomics, 2014, 6, (4), 209-45 View citations (14)
    See also Working Paper Medium Term Business Cycles in Developing Countries, CEPR Discussion Papers (2011) View citations (6) (2011)

2013

11. Global Imbalances: Origins and Prospects
    The World Bank Research Observer, 2013, 28, (2), 191-219 View citations (4)

2011

12. Fiscal Redistribution and Income Inequality in Latin America
    World Development, 2011, 39, (9), 1558-1569 View citations (59)
    See also Working Paper Fiscal redistribution and income inequality in Latin America, Policy Research Working Paper Series (2008) View citations (17) (2008)

2010

13. Are All the Sacred Cows Dead? Implications of the Financial Crisis for Macro- and Financial Policies
    The World Bank Research Observer, 2010, 25, (1), 91-124 View citations (18)
    See also Working Paper Are all the sacred cows dead ? implications of the financial crisis for macro and financial policies, Policy Research Working Paper Series (2009) View citations (7) (2009)
14. Infrastructure and Economic Development in Sub-Saharan Africa-super- †
    Journal of African Economies, 2010, 19, (suppl_1), 13-87 View citations (14)

2008

15. Walking up the Down Escalator: Public Investment and Fiscal Stability
    The World Bank Research Observer, 2008, 23, (1), 37-56 View citations (23)
    See also Working Paper Walking up the down escalator: public investment and fiscal stability, Policy Research Working Paper Series (2007) View citations (4) (2007)

2007

16. Macroeconomic Volatility and Welfare in Developing Countries: An Introduction
    The World Bank Economic Review, 2007, 21, (3), 343-357 View citations (158)
    See also Working Paper Macroeconomic Volatility and Welfare in Developing Countries: an Introduction, Post-Print (2007) View citations (113) (2007)

2006

17. Macroeconomic Stability in Developing Countries: How Much Is Enough?
    The World Bank Research Observer, 2006, 21, (2), 151-178 View citations (11)
    See also Working Paper Macroeconomic stability in developing countries - How much is enough?, Policy Research Working Paper Series (2004) View citations (7) (2004)

2005

18. Country Portfolios
    Journal of the European Economic Association, 2005, 3, (4), 914-945 View citations (127)
    See also Working Paper Country Portfolios, Policy Research Working Paper Series (2004) View citations (4) (2004)
19. Tracking
    The World Bank Economic Review, 2005, 19, (3), 335-344
20. World market integration through the lens of foreign direct investors
    Journal of International Economics, 2005, 66, (2), 267-295 View citations (119)
    See also Working Paper World market integration through the lens of foreign direct investors, Policy Research Working Paper Series (2003) View citations (21) (2003)

2004

21. Global transmission of interest rates: monetary independence and currency regime
    Journal of International Money and Finance, 2004, 23, (5), 701-733 View citations (236)
    See also Working Paper Global Transmission of Interest Rates: Monetary Independence and Currency Regime, NBER Working Papers (2002) View citations (44) (2002)

2003

22. ERRATUM: Real-Exchange-Rate Uncertainty and Private Investment in LDCs
    The Review of Economics and Statistics, 2003, 85, (2), 492-492 View citations (72)
23. Real-Exchange-Rate Uncertainty and Private Investment in LDCS
    The Review of Economics and Statistics, 2003, 85, (1), 212-218 View citations (122)

2002

24. Global Economy Quarterly, Issue 2-4
    Global Economy Journal, 2002, 3, (2-4), 153
25. Pricing currency risk under currency boards
    Journal of Development Economics, 2002, 69, (2), 367-391 View citations (32)

2001

26. Verifying exchange rate regimes
    Journal of Development Economics, 2001, 66, (2), 351-386 View citations (71)
    See also Working Paper Verifying exchange rate regimes, Policy Research Working Paper Series (2000) View citations (15) (2000)

2000

27. Does income inequality raise aggregate saving?
    Journal of Development Economics, 2000, 61, (2), 417-446 View citations (61)
    See also Working Paper Does Income Inequality Raise Aggregate Saving?, Working Papers Central Bank of Chile (1997) View citations (1) (1997)
28. How Effective is Fiscal Policy in Raising National Saving?
    The Review of Economics and Statistics, 2000, 82, (2), 226-238 View citations (51)
29. Saving in Developing Countries: An Overview
    The World Bank Economic Review, 2000, 14, (3), 393-414 View citations (67)
30. What Drives Private Saving Across the World?
    The Review of Economics and Statistics, 2000, 82, (2), 165-181 View citations (359)
    See also Working Paper What Drives Private Saving Across the World?, Working Papers Central Bank of Chile (1999) View citations (51) (1999)

1999

31. Saving in Mexico: The National and International Evidence
    Economía Mexicana NUEVA ÉPOCA, 1999, VIII, (2), 181-230 View citations (1)
32. Terms-of-trade shocks and optimal investment: another look at the Laursen-Metzler effect
    Journal of International Money and Finance, 1999, 18, (3), 337-365 View citations (19)
    See also Working Paper Terms-of-trade shocks and optimal investment: another look at the Laursen-Metzler effect, Policy Research Working Paper Series (1995) View citations (3) (1995)

1998

33. World saving: trends and theories
    Estudios de Economia, 1998, 25, (2 Year 1998), 191-215 View citations (4)

1997

34. Irreversibility, Uncertainty and Private Investment: Analytical Issues and Some Lessons for Africa
    Journal of African Economies, 1997, 6, (3), 229-68 View citations (19)

1996

35. Saving and Investment: Paradigms, Puzzles, Policies
    The World Bank Research Observer, 1996, 11, (1), 87-117 View citations (53)

1995

36. Capital goods imports, the real exchange rate and the current account
    Journal of International Economics, 1995, 39, (1-2), 79-101 View citations (19)
    See also Working Paper Capital goods imports, the real exchange rate, and the current account, Policy Research Working Paper Series (1994) View citations (1) (1994)

1993

37. Debt crisis, adjustment policies and capital formation in developing countries: Where do we stand?
    World Development, 1993, 21, (1), 127-140 View citations (30)

1992

38. Private Investment and Macroeconomic Adjustment: A Survey
    The World Bank Research Observer, 1992, 7, (1), 95-114 View citations (84)

Books

2010

1. Business Regulation and Economic Performance
   World Bank Publications - Books, The World Bank Group View citations (27)

2009

2. Real Exchange Rates, Saving, and Growth
   World Bank Publications - Books, The World Bank Group View citations (3)

2008

3. Fiscal Policy, Stabilization, and Growth: Prudence or Abstinence
   World Bank Publications - Books, The World Bank Group View citations (10)
4. Reforma fiscal y equidad social en América Latina
   Coediciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL) View citations (3)

2006

5. Poverty Reduction and Growth: Virtuous and Vicious Circles
   World Bank Publications - Books, The World Bank Group View citations (77)

2005

6. Lessons from NAFTA: For Latin America and the Caribbean
   IDB Publications (Books), Inter-American Development Bank View citations (14)
   Also in World Bank Publications - Books, The World Bank Group (2004-11) View citations (28)
7. Sources of Growth in Latin America: What Is Missing?
   IDB Publications (Books), Inter-American Development Bank View citations (19)

2003

8. The Limits of Stabilization: Infrastructure, Public Deficits, and Growth in Latin America
   World Bank Publications - Books, The World Bank Group View citations (73)

Edited books

2008

1. Fiscal Policy, Stabilization, and Growth: Prudence or Abstinence?
   IDB Publications (Books), Inter-American Development Bank View citations (4)

2006

2. The Economics of Saving and Growth
   Cambridge Books, Cambridge University Press View citations (1)

1999

3. The Economics of Saving and Growth
   Cambridge Books, Cambridge University Press View citations (41)

Chapters

2024

1. The Structural and Productivity Effects of Infrastructure Provision in Developed and Developing Countries
   A chapter in Essays in Honor of Subal Kumbhakar, 2024, vol. 46, pp 265-308
   See also Working Paper The Structural and Productivity Effects of Infrastructure Provision in Developed and Developing Countries, University of Oviedo, Department of Economics, Oviedo Efficiency Group (OEG) (2022) (2022)

2020

2. A Two-Level Top-Down Decomposition of Aggregate Productivity Growth: The Role of Infrastructure
   Springer

2015

3. Too Poor to Grow
   Chapter 13 in Economic Policies in Emerging-Market Economies Festschrift in Honor of Vittorio Corbo, 2015, vol. 21, pp 309-350
   See also Working Paper Too poor to grow, The World Bank (2009) View citations (15) (2009)

2005

4. General Equilibrium Dynamics of Foreign Shocks ans Policy Changes in Chile
   Chapter 4 in General Equilibrium Models for the Chilean Economy, 2005, vol. 9, pp 113-162 View citations (8)
   See also Working Paper General Equilibrium Dynamics of Foreign Shocks and Policy Changes in Chile, EcoMod (2010) View citations (4) (2010)

2001

5. 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 (7)
   See also Working Paper Una Revisión del Comportamientoy de los Determinantes del Ahorro en el Mundo, Central Bank of Chile (2001) View citations (4) (2001)