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Policy Research Working Paper Series

From The World Bank
1818 H Street, N.W., Washington, DC 20433.
Contact information at EDIRC.

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1554: Rationing can backfire: the day without a car in Mexico City Downloads
Gunnar Eskeland and Tarhan Feyzioglu
1553: Spatial correlations in panel data Downloads
John Driscoll and Aart Kraay
1552: Unemployment insurance and duration of unemployment: evidence from Slovenia's transition Downloads
Milan Vodopivec
1551: Sequencing social security, pension, and insurance reform Downloads
Dimitri Vittas
1550: Governance and returns on investment: an empirical investigation Downloads
Jonathan Isham, Daniel Kaufmann and Lant Pritchett
1549: The forgotten rationale for policy reform: the productivity of investment projects Downloads
Jonathan Isham and Daniel Kaufmann
1548: The relationship between farm size and efficiency in South African agriculture Downloads
Johan van Zyl, Hans Binswanger-Mkhize and Colin Thirtle
1547: Testing the induced innovation hypothesis in South African agriculture (an error correction approach) Downloads
Colin Thirtle, Robert Townsend and Johan van Zyl
1546: Concessions of busways to the private sector: the Sao Paulo metropolitan region experience Downloads
Jorge M. Rebelo and Pedro P. Benvenuto
1545: International commodity control: retrospect and prospect Downloads
Christopher L. Gilbert
1544: Economic performance in small open economies: the Caribbean experience, 1980-1992 Downloads
F. Desmond McCarthy and Giovanni Zanalda
1543: The combined incidence of taxes and public expenditures in the Philippines Downloads
Shantayanan Devarajan and Shaikh I. Hossain
1542: The development of industrial pensions in the United States in the twentieth century Downloads
Samuel H. Williamson
1541: Deposit insurance Downloads
Eugene White
1540: Thrift deposit institutions in Europe and the United States Downloads
Dimitri Vittas
1539: The rise of securities markets: what can government do? Downloads
Richard Sylla
1538: Contingent liability in banking: useful policy for developing countries? Downloads
Anthony Saunders and Berry Wilson
1537: Before main banks: a selective historical overview of Japan's prewar financialsystem Downloads
Frank Packer
1536: Free banking: the Scottish experience as a model for emerging economies Downloads
Randall Kroszner
1535: Financial history: lessons of the past for reformers of the present Downloads
Gerard Caprio and Dimitri Vittas
1534: The evolution of central banking Downloads
Forrest Capie
1533: Universal banking and the financing of industrial development Downloads
Charles Calomiris
1532: Regulation and bank stability: Canada and the United States, 1870-1980 Downloads
Michael Bordo
1531: Some new evidence on determinants of foreign direct investment in developing countries Downloads
Harinder Singh and Kwang W. Jun
1530: Poverty, inequality, and social policy in transition economies Downloads
Branko Milanovic
1529: Interest rates, credit, and economic adjustment in Nicaragua Downloads
Ulrich Lachler
1528: Developing commercial law in transition economies: examples from Hungary and Russia Downloads
Cheryl W. Gray and Kathryn Hendley
1527: Foreign direct investment, other capital flows, and current account deficits: what causes what? Downloads
Maxwell J. Fry, Stijn Claessens, Peter Burridge and Marie-Christine Blanchet
1526: Do we face a global"capital shortage"? Downloads
Zia Qureshi
1525: Is Ethiopia's debt sustainable? Downloads
Ejaz Ghani and Hyoungsoo Zang
1524: Employment and wage effects of trade liberalization: the case of Mexican manufacturing Downloads
Ana Revenga
1523: Does more for the poor mean less for the poor? The politics of tagging Downloads
Jonah Gelbach and Lant Pritchett
1522: Divergence, big time Downloads
Lant Pritchett
1521: Political regimes, trade, and labor policies in developing countries Downloads
Arup Banerji and Hafez Ghanem
1520: Regulating telecommunications in developing countries: outcomes, incentives, and commitment Downloads
Ahmed Galal and Bharat Nauriyal
1519: Payment systems in Latin America: a tale of two countries - Colombia and El Salvador Downloads
Robert Listfield and Fernando Montes-Negret
1518: Sustainability of private capital flows to developing countries: Is a generalized reversal likely? Downloads
Leonardo Hernandez and Heinz Rudolph
1517: Inflation crises and long-run growth Downloads
Michael Bruno and William Easterly
1516: Contractual savings for housing: How suitable are they for transitional economies? Downloads
Michael J. Lea and Bertrand Renaud
1515: Indonesia - Labor market policies and international competitiveness Downloads
Nisha Agrawal
1514: The impact of minimum wages in Mexico and Colombia Downloads
Linda A. Bell
1513: The World Trade Organization, the European Union, and the Arab World: trade policy priorities and pitfalls Downloads
Bernard Hoekman
1512: The World Bank primer on reinsurance Downloads
Donald A. McIsaac and David Babbel
1511: Default risk and the effective duration of bonds Downloads
David Babbel, Craig Merrill and William Panning
1510: Hungary's bankruptcy experience, 1992-93 Downloads
Cheryl Gray, Sabine Schlorke and Miklos Szanyi
1509: Saving in transition economies: the summary report Downloads
Patrick Conway
1508: Small and medium-size enterprises in economic development: possiblities for research and policy Downloads
Sidney Winter
1507: Coping with too much of a good thing: policy responses for large capital inflows in developing countries Downloads
Morris Goldstein
1506: Restructuring regulation of the rail industry for the public interest Downloads
Ioannis Kessides and Robert D. Willig
1505: The cross-section of stock returns: evidence from emerging markets Downloads
Stijn Claessens, Susmita Dasgupta and Jack Glen
1504: Savings and education: a life-cycle model applied to a panel of 74 countries Downloads
Jacques Morisset and Cesar Revoredo-Giha
1503: Africa's growth tragedy: a retrospective, 1960-89 Downloads
William Easterly and Ross Levine
1502: Active labor market policies in the OECD and in selected transition economies Downloads
Hartmut Lehmann
1501: Are partner-country statistics useful for estimating"missing"trade data? Downloads
Alexander J. Yeats
1500: Agricultural trade liberalization in the Uruguay Round: one step forward, one step back? Downloads
Merlinda D. Ingco
1499: The dynamics of poverty: why some people escape from poverty and others don't - an African case study Downloads
Christiaan Grootaert, Ravi Kanbur and Gi-Taik Oh
1498: Decentralized rural development and enhanced community participation: a case study from Northeast Brazil Downloads
Johan van Zyl, Tulio Barbosa, Andrew N. Parker and Loretta Sonn
1497: Public choices between lifesaving programs: how important are lives saved? Downloads
Maureen Cropper and Uma Subramanian
1496: Reviving project appraisal at the World Bank Downloads
Shantayanan Devarajan, Lyn Squire and Sethaput Suthiwart-Narueput
1495: Raising household energy prices in Poland: who gains? who loses? Downloads
Caroline Freund and Christine I. Wallich
1494: Adjustment and poverty in Mexican agriculture: how farmers'wealth affects supply response Downloads
Ramon Lopez, John Nash and Julie Stanton
1493: Migration and the skill composition of the labor force: the impact of trade liberalization in developing countries Downloads
Ramon Lopez and Maurice Schiff
1492: Trade policies, macroeconomic adjustment, and manufactured exports: the Latin American experience Downloads
Sarath Rajapatirana
1491: Equilibrium incentives for adopting cleaner technology under emissions pricing Downloads
Peter W. Kennedy and Benoit Laplante
1490: Trade reform design as a signal to foreign investors: lessons for economies in transition Downloads
Eric Bond, Steve Chiu and Antonio Estache
1489: Educational attainments in developing countries: new estimates and projections disaggregated by gender Downloads
Vinod Ahuja and Deon Filmer
1488: Estimating the world at work Downloads
Deon Filmer
1487: Decomposing social indicators using distributional data Downloads
Benu Bidani and Martin Ravallion
1486: The emerging legal framework for private sector development in Viet Nam's transitional economy Downloads
Pham van Thuyet
1485: Aggregate agricultural supply response in developing countries: a survey of selected issues Downloads
Maurice Schiff and Claudio Montenegro
1484: The Uruguay Round and South Asia: an overview of the impact and opportunities Downloads
Nader Majd
1483: Costa Rican pension system: options for reform Downloads
Asli Demirguc-Kunt and Anita Schwarz
1482: A measure of stock market integration for developed and emerging markets Downloads
Robert Korajczyk
1481: Corporate control in Central Europe and Russia: should banks own shares? Downloads
Peter Dittus and Stephen Prowse
1480: Debt as a control device in transitional economies: the experiences of Hungary and Poland Downloads
Herbert L. Baer and Cheryl W. Gray
1479: Is there a commercial case for tropical timber certification? Downloads
Varangis, Panayotis N.*Crossley, Rachel*Braga, C
1478: Promoting growth in Sri Lanka: lessons from East Asia Downloads
Sadiq Ahmed and Priya Ranjan
1477: Cities without land markets: location and land use in the socialist city Downloads
Alain Bertaud and Bertrand Renaud
1476: Public spending and the poor: what we know, what we need to know Downloads
Dominique van de Walle
1475: Decentralization: the way forward for rural development? Downloads
Andrew N. Parker
1474: Are stable agreements for sharing international river waters now possible? Downloads
D. Marc Kilgour and Ariel Dinar
1473: The surge in capital inflows to developing countries: prospects and policy response Downloads
Eduardo Fernandez-Arias and Peter Montiel
1472: Fiscal and monetary contraction in Chile: a rational-expectations approach Downloads
Klaus Schmidt-Hebbel and Luis Servén
1471: Pension reform and growth Downloads
Giancarlo Corsetti and Klaus Schmidt-Hebbel
1470: Pensions systems and reform: country experiences and research issues Downloads
Patricio Arrau and Klaus Schmidt-Hebbel
1469: The role of labor unions in fostering economic development Downloads
John Pencavel
1468: Government's role in Pakistan agriculture: major reforms are needed Downloads
Rashid Faruquee
1467: Beyond the Uruguay Round: the implications of an Asian free trade area Downloads
Jeffrey D. Lewis, Sherman Robinson and Zhi Wang
1466: Ownership and financing of infrastructure: historical perspective Downloads
Charles D. Jacobson and Joel A. Tarr
1465: Post trade liberalization policy and institutional challenges in Latin America and the Caribbean Downloads
Sarath Rajapatirana
1464: How does the North American Free Trade Agreement (NAFTA) affect Central America? Downloads
Edward Leamer, Alfonso Guerra, Martin Kaufman and Boris Segura
1463: Rural nonfarm employment: a survey Downloads
Jean Lanjouw and Peter Lanjouw
1462: Stock market development and financial intermediaries: stylized facts Downloads
Asli Demirguc-Kunt and Ross Levine
1461: Stock market development and firm financing choices Downloads
Asli Demirguc-Kunt and Vojislav Maksimovic
1460: Efficiency and equity considerations in pricing and allocating irrigation water Downloads
Yacov Tsur and Ariel Dinar
1459: Pension funds in Central Europe and Russia: their prospects and potential role in corporate governance Downloads
Dimitri Vittas and Roland Michelitsch
1458: Credit policies: lessons from East Asia Downloads
Dimitri Vittas and Yoon Je Cho
1457: Does decentralization increase spending on public infrastructure? Downloads
Antonio Estache and Sarbajit Sinha
1456: Equity markets, transaction costs, and capital accumulation Downloads
Valerie Bencivenga, Bruce Smith and Ross M. Starr
1455: Tentative first steps: an assessment of the Uruguay Round agreement on services Downloads
Bernard Hoekman
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