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Inter-American Development Bank © Inter-American Development Bank

2010

www.iadb.org Documents published in the IDB working paper series are of the highest academic and editorial quality. All have been peer reviewed by recognized experts in their field and professionally edited. The information and opinions presented in these publications are entirely those of the author(s), and no endorsement by the Inter-American Development Bank, its Board of Executive Directors, or the countries they represent is expressed or implied. This paper may be freely reproduced provided credit is given to the Inter-American Development Bank. 2010 Cataloging-in-Publication data provided by the

Inter-American Development Bank

2012

Documents published in the IDB working paper series are of the highest academic and editorial quality. All have been peer reviewed by recognized experts in their field and professionally edited. The information and opinions presented in these publications are entirely those of the author(s), and no endorsement by the Inter-American Development Bank, its Board of Executive Directors, or the countries they represent is expressed or implied. This paper may be freely reproduced. Cataloging-in-Publication data provided by the

The Inter-American Development Bank

Palgrave Macmillan eBooks, 2015

The views and interpretations in this document are those of the authors and should not be attributed to the Inter-American Development Bank, or to any individual acting on its behalf. The Research Department (RES) produces a quarterly newsletter, IDEA (Ideas for Development in the Americas), as well as working papers and books on diverse economic issues.

The World Bank economic review 22 (2)

The World Bank Economic Review, 2008

The World Bank Economic Review is a professional journal for the dissemination of World Bank-sponsored and other research that may inform policy analysis and choice. It is directed to an international readership among economists and social scientists in government, business, international agencies, universities, and development research institutions. The Review seeks to provide the most current and best research in the field of quantitative development policy analysis, emphasizing policy relevance and operational aspects of economics, rather than primarily theoretical and methodological issues. It is intended for readers familiar with economic theory and analysis but not necessarily proficient in advanced mathematical or econometric techniques. Articles illustrate how professional research can shed light on policy choices. Consistency with World Bank policy plays no role in the selection of articles. Articles are drawn from work conducted by \Vorld Bank staff and consultants and by outside researchers. :"Ion-Bank contributors are encouraged to submit their work. SUBSCRIPTIONS: A subscription to The World Bank Economic Review (ISSN 0258-6770) comprises 3 issues. Prices include postage; for subscribers outside the Americas, issues are sent air freight.

The World Bank economic review 25 (3)

World Bank Economic Review, 2011

The World Bank Economic Review is a professional journal used for the dissemination of research in development economics broadly relevant to the development profession and to the World Bank in pursuing its development mandate. It is directed to an international readership among economists and social scientists in government, business, international agencies, universities, and development research institutions. The Review seeks to provide the most current and best research in the field of quantitative development policy analysis, emphasizing policy relevance and operational aspects of economics, rather than primarily theoretical and methodological issues. Consistency with World Bank policy plays SUBSCRIPTIONS: A subscription to The World Bank Economic Review (ISSN 0258-6770) comprises 3 issues. Prices include postage; for subscribers outside the Americas, issues are sent air freight.

The World Bank economic review 23 (2)

2009

The World Bank Economic Review is a professional journal for the dissemination of World Bank-sponsored and other research that may inform policy analysis and choice. It is directed to an international readership among economists and social scientists in government, business, international agencies, universities, and development research institutions. The Review seeks to provide the most current and best research in the field of quantitative development policy analysis, emphasizing policy relevance and operational aspects of economics, rather than primarily theoretical and methodological issues. It is intended for readers familiar with economic theory and analysis but not necessarily proficient in advanced mathematical or econometric techniques. Articles illustrate how professional research can shed light on policy choices. Consistency with World Bank policy plays no role in the selection of articles. Articles are drawn from work conducted by World Bank staff and consultants and by outside researchers. Non-Bank contributors are encouraged to submit their work. Before being accepted for publication, articles are reviewed by three referees-one from the World Bank and two from outside the institution. Articles must also be endorsed by two members of the Editorial Board before final acceptance.

The World Bank economic review 25 (2)

World Bank Economic Review, 2011

The World Bank Economic Review is a professional journal used for the dissemination of research in development economics broadly relevant to the development profession and to the World Bank in pursuing its development mandate. It is directed to an international readership among economists and social scientists in government, business, international agencies, universities, and development research institutions. The Review seeks to provide the most current and best research in the field of quantitative development policy analysis, emphasizing policy relevance and operational aspects of economics, rather than primarily theoretical and methodological issues. Consistency with World Bank policy plays SUBSCRIPTIONS: A subscription to The World Bank Economic Review (ISSN 0258-6770) comprises issues. Prices include postage; for subscribers outside the Americas, issues are sent air freight.

The World Bank economic review 20 (1)

The World Bank Economic Review, 2006

The World Bank Economic Review is a professional journal for the dissemination of World Bank-sponsored and other research that may inform policy analysis and choice. It is directed to an international readership among economists and social scientists in government, business, international agencies, universities, and development research institutions. The Review seeks to provide the most current and best research in the field of quantitative development policy analysis, emphasizing policy relevance and operational aspects of economics, rather than primarily theoretical and methodological issues. I t is intended for readers familiar with economic theory and analysis but not necessarily proficient in advanced mathematical or econometric techniques. Articles illustrate how professional research can shed light on policy choices. Consistency with World Bank policy plays no role in the selection of articles. Articles are drawn from work conducted by World Bank staff and consultants and by outside researchers. Non-Bank contributors are encouraged to submit their work. Before being accepted for publication, articles are reviewed by three referees-one from the World Bank and two from outside the institution. Articles must also be endorsed by two members of the Editorial Board before final acceptance.

The World Bank economic review 27 (1)

World Bank Economic Review, 2013

The World Bank Economic Review is a professional journal used for the dissemination of research in development economics broadly relevant to the development profession and to the World Bank in pursuing its development mandate. It is directed to an international readership among economists and social scientists in government, business, international agencies, universities, and development research institutions. The Review seeks to provide the most current and best research in the field of quantitative development policy analysis, emphasizing policy relevance and operational aspects of economics, rather than primarily theoretical and methodological issues. Consistency with World Bank policy plays no role in the selection of articles. The Review is managed by one or two independent editors selected for their academic excellence in the field of development economics and policy. The editors are assisted by an editorial board composed in equal parts of scholars internal and external to the World Bank. World Bank staff and outside researchers are equally invited to submit their research papers to the Review.