Ideas to action: independent research for global prosperity
Research
Innovative, independent, peer-reviewed. Explore the latest economic research and policy proposals from CGD’s global development experts.
WORKING PAPERS
April 11, 2024
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April 15, 2024
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April 08, 2024
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Research
WORKING PAPERS
May 02, 2023
Wage inequality in the public sector is an important determinant of the effectiveness of anti-corruption policies. Increasing the wages of public officials could help reduce corruption in countries with low public sector wage inequality, but in countries where public sector wages are highly unequal,...
WORKING PAPERS
April 28, 2023
Approximately 770 million adults worldwide are classified as illiterate. Despite the potential for adult education programs to bridge this gap, such programs are often plagued by low enrollment, high dropout, and limited skills acquisition. Recent research in educational neuroscience and economics o...
WORKING PAPERS
April 26, 2023
This paper finds that shareholders of highly leveraged firms benefit relatively less compared to bondholders from the corporate quantitative easing (QE) announcements by the European Central Bank and the Bank of England in March 2020, as evidence of debt overhang. Firms more heavily impacted by the ...
WORKING PAPERS
April 25, 2023
This paper examines the link between ministerial continuity in borrower governments and the performance of World Bank education projects implemented between 2000 and 2017 in 114 countries. I use a combination of quantitative and qualitative methods to trace the link between number of ministers durin...
WORKING PAPERS
April 11, 2023
This paper focuses on the content and implementation of reforms to raise teacher quality in Peru in the period 2007-2020 in the hope that other countries facing the same challenges can benefit from this experience. We conclude with reflections on how education policy and education politics have cont...
WORKING PAPERS
April 11, 2023
This paper examines the impact of international differences in capital regulation on multinational banks’ loan origination location decisions. We find that greater borrower transparency to a local bank establishment makes loan location at this establishment more likely, and that regulatory arbitrage...
WORKING PAPERS
March 21, 2023
We investigate the properties of measures of learning outcomes, as these are the tools commonly used to monitor the progress toward identifying the most effective interventions. We review test properties across 158 studies and conduct item-level psychometric analysis of a subset of these studies to ...