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Kraay, Aart; Murrell, Peter - 2013

officials. Yet it is well known that survey respondents are reticent to tell the truth about activities to which social and … legal stigma are attached, implying a downward bias in survey-based estimates of corruption. This paper develops a method to … combination of conventional and random-response survey questions. The responses to these different types of questions reflect …

Persistent link: https://www.econbiz.de/10012560093

Does IDA Engage in Defensive Lending?

Geginat, Carolin; Kraay, Aart - 2012

Multilateral development banks are frequently accused of "defensive lending," the practice of extending new loans purely in order to ensure that existing loans are repaid. This paper empirically examine this hypothesis using data on lending by and repayments to the International Development...

Persistent link: https://www.econbiz.de/10012552775

Governance Indicators : Where Are We, Where Should We Be Going?

Kaufmann, Daniel; Kraay, Aart - 2012

indicators as well as the complementarities between them. For the latter question, we distinguish between experts and survey …

Persistent link: https://www.econbiz.de/10012552826

Who Gets Debt Relief?

Chauvin, Nicolas Depetris; Kraay, Aart - 2012

The authors use preliminary results from an ongoing effort to construct estimates of debt relief to study its allocation across a sample of 62 low-income countries. They find some evidence that debt relief, particularly from multilateral creditors, has been allocated to countries with better...

Persistent link: https://www.econbiz.de/10012553823

Poverty Traps, Aid, and Growth

Kraay, Aart; Raddatz, Claudio - 2012

The authors examine the empirical evidence in support of the poverty trap view of underdevelopment. They calibrate simple aggregate growth models in which poverty traps can arise due to either low saving or low technology at low levels of development. They then use these models to assess the...

Persistent link: https://www.econbiz.de/10012554090

Government Spending Multipliers in Developing Countries : Evidence from Lending by Official Creditors

Kraay, Aart - 2012

This paper uses a novel loan-level dataset covering lending by official creditors to developing country governments to construct an instrument for public spending that can be used to estimate government spending multipliers. Loans from official creditors (primarily multilateral development banks...

Persistent link: https://www.econbiz.de/10012554530

Sovereign Defaults and Expropriations : Empirical Regularities

Eden, Maya; Kraay, Aart; Qian, Rong - 2013

This paper uses a large cross-country dataset to empirically examine factors associated with sovereign defaults on external private creditors and expropriation of foreign direct investments in developing countries since the 1970s. In the long run, sovereign defaults and expropriations are likely...

Persistent link: https://www.econbiz.de/10012557099

When Is Growth Pro-Poor? Cross-Country Evidence

Kraay, Aart - 2013

Growth is pro-poor if the poverty measure of interest falls. According to this definition there are three potential sources of pro-poor growth: (1) a high rate of growth of average incomes; (2) a high sensitivity of poverty to growth in average incomes; and (3) a poverty-reducing pattern of...

Persistent link: https://www.econbiz.de/10012559706

Good Countries or Good Projects?

Bulman, David; Kolkma, Walter; Kraay, Aart - 2015

This paper examines the micro and macro correlates of aid project outcomes in a sample of 3,821 World Bank projects and 1,342 Asian Development Bank projects. Project outcomes vary much more within countries than between countries: country-level characteristics explain only 10–25 percent of...

Persistent link: https://www.econbiz.de/10012564543