The COVID-19 pandemic led governments around the world to impose unprecedented restrictions on economic activity. Were these restrictions equally justified in poorer countries with fewer demographic risk factors and less ability to weather economic shocks? We develop, validate, and estimate a fully ...
We compile a new data set, combining official sources with transaction-level records scraped from the World Bank website, spanning all commitments, disbursements, and payments on all World Bank loans from before the 2008-09 Global Financial Crisis through August 2020, allowing us to compare the...
How can we accurately measure the global distribution of skills when people in different countries take different tests? We develop a new methodology to non-parametrically link scores from distinct populations. By administering an exam combining items from different assessments to 2,300 primary stud...
Early reports suggest the fatality rate from COVID-19 varies greatly across countries, but it's impossible to directly estimate the infection fatality rate in many low- and middle-income countries. To fill this gap, we estimate the adjustments required to extrapolate estimates of the IFR from h...
The IMF’s forecasts of GDP growth in 2020 suggest a substantially muted impact of the COVID crisis for developing countries compared to advanced economies. We hope that the relative optimism will not induce complacency and elicit a less-than-forceful response by countries themselves nor legitim...