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.
CGD NOTES
May 31, 2024
CGD NOTES
June 05, 2024
CGD NOTES
May 23, 2024
WORKING PAPERS
June 05, 2024
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Research
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 ...
WORKING PAPERS
November 17, 2022
The large divergence in the returns of top-performing star firms and the rest of the economy is substantially reduced when we account for the mismeasurement of intangible capital. Star firms produce and invest more per dollar of invested capital, have more valuable innovations as measured by the mar...
WORKING PAPERS
October 27, 2022
There is considerable interest in increasing private participation in infrastructure to meet the twin goals of climate mitigation and development in low- and middle-income countries. At the same time, this infrastructure needs to make returns in order to be financially sustainable.
WORKING PAPERS
October 19, 2022
To contain the spread of the COVID-19 pandemic, schools in Kenya, as in many other countries, had to temporarily close. This study investigates the extent to which lockdowns and school closures affected households and low-cost private schools (LCPS) in four urban informal settlements in Nairobi. Qua...
WORKING PAPERS
September 06, 2022
Can governments contract out school management at scale? In 2016 the Government of Punjab transferred management of over 4,000 failing primary schools to private operators. Schools remained free to students. Private operators received a government subsidy per enrolled student of less than half per-s...