学术论文

财政部发布会主要聚焦于保护民营企业，没有直接出台大规模刺激消 费的政策，但符合此前对财政政策温和转向的预期。财政部在重组债务、 刺激经济和恢复企业家信心这三方面做出了明确宣示，特别是地方债务 化解和房地产库存问题上有较大进展。 •财政部明确表示将通过中央政府介入来化解地方债务，预计未来两至 三年内约有 6 万亿人民币用于此目的。此外，还同意使用政府债券购买 市场上卖不出去的商品房，以减少房地产库存。这是首次使用政府财政 资金而非再贷款进行此类操作，显示出决策层在解决存量问题上的坚定 态度。...

Transitioning toward sustainable development practices is expected to result in broad changes to economic activity, which will subsequently impact labor markets and change the demand for skills. India established the Skill Council for Green Jobs t...

We introduce Moshi, a speech-text foundation model and full-duplex spoken dialogue framework. Current systems for spoken dialogue rely on pipelines of independent components, namely voice activity detection, speech recognition, textual dialogue an...

To effectively address poverty, it is essential that countries have the tools and means to accurately measure people’s living standards. Most countries rely on data collected from household surveys to measure monetary poverty, defining households ...

A randomized experiment in Togo found that personal initiative training for small businesses resulted in large and significant impacts for both men and women after two years (Campos et al, 2017). This paper revisits these entrepreneurs after seven...

This study explores the relationship between perceptions of catastrophic events and beliefs about climate change. Using data from the 2023 Life in Transition Survey, the study finds that contrary to conventional wisdom, more accurate knowledge abo...

This paper examines how procurement rules affect international trade, leveraging a novel dataset that characterizes national laws across 141 countries. Text analysis of national laws on government procurement identifies prevalent protectionist mea...

The post-double selection Lasso estimator has become a popular way of selecting control variables when analyzing randomized experiments. This is done to try to improve precision, and reduce bias from attrition or chance imbalances. This paper re-e...

Photovoltaic-powered groundwater pumping offers a transformative solution for water services in underserved areas. However, without proper regulation, this technology could overexploit groundwater resources, threatening the groundwater-dependent e...

This paper exploits gaps between observed and recently forecasted Gross Domestic Product growth in export destinations to estimate the effects of unexpected demand shocks on worker compensation. Using employer-employee panel data, the paper finds ...

Despite broad agreement in policy circles on the need to reduce food loss and waste (FLW), considerable gaps in information still exist. This paper identifies policy-relevant information gaps, summarizes recent research that tries to fill these ga...

This paper discusses the inclusion of usufruct rights in household wealth estimates, emphasizing the theoretical rationale for adjusting traditional estimates that do not include this component. It then applies this concept to the Italian context ...

The COVID-19 pandemic and the global shocks that followed have worsened fiscal and debt positions in small states, intensifying their already substantial fiscal challenges— especially the need to manage more frequent climate change–related natural...

In many countries, local governments struggle with inefficiency and corruption, often perpetuated by entrenched elites. This paper explores how leadership changes affect bureaucratic performance at the local level by combining detailed personnel s...

This paper characterizes finance allocation distortions in capital markets across state-owned and private-owned enterprises. It does so by implementing Whited and Zhao’s (2021) methodology to infer idiosyncratic financial distortions on a novel fi...

Global oil prices have surged in recent decades, significantly hurting household living standards. In response to rising prices, many governments introduced fuel price subsidy to protect the most vulnerable populations. The literature is almost un...

This paper presents a multi-sector growth model to elucidate the general equilibrium effects of generative artificial intelligence on economic growth, structural transformation, and international production specialization. Using parameters from th...

Analyses of GDP per capita differences across countries focus almost exclusively on differences in productivity. This paper shows that there are also large differences in medium-run dynamics in the employment-to-population ratio. The paper finds a...

This paper investigates the extent to which real-time indicators derived from internet search, cell phones, and satellites predict changes in household socioeconomic indicators across approximately 300 administrative level-1 regions in 20 countrie...

Abstract The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations a...