Publications

At the beginning of the COVID-19 pandemic, it was hoped that warm weather and younger populations would shield many developing countries from the...

This paper explores the effect of oil shocks on electoral outcomes. Using a new polling and election dataset for 207 elections across 50 democracies...

Online transactions bring speed and cost efficiency, fostering the expansion of the real estate market, write Marie Delion and Simeon Djankov.

What will be the political legacy of the COVID-19 pandemic? This column uses data from the 2006-2018 Gallup World Polls to show that epidemic exposure...

What will be the political legacy of the Coronavirus pandemic? We find that epidemic exposure in an individual’s “impressionable years” (ages 18 to 25...

The correlation between monetary growth and inflation has an historic pedigree as long as your arm. This column argues that rejecting the likelihood...

Fiscal crises spur regulatory reform, which, in turn, speed up economic recovery, write Simeon Djankov, Dorina Georgieva and Hibret Maemir.

Crises bring creative destruction. It's time to help new companies and job opportunities emerge, write Simeon Djankov and Frederic Meunier.

Fiscal crises, particularly following a pandemic of the magnitude of Covid-19, spur regulatory reform, for example in registering property, trading...

This paper offers for the first time a global picture of gender discrimination by the law as it affects women’s economic opportunity and charts the...

While it is too early to say how the disruptions caused by the COVID-19 pandemic will ultimately affect emerging market economies (EMs), experience...

We measure the economic risk of COVID-19 in developing countries using pre- pandemic data sources. Following the standard conceptual model of...

Countries in the Middle East and North Africa (MENA) face a dual shock from the Covid-19 pandemic and a collapse in oil prices. The dual shock has...

This paper develops a heterogeneous firm-dynamics model to jointly study firms’ currency debt composition and investment choices. In our model...

The EU’s 2019 Insolvency Directive increases debt holders’ control over bankruptcy reorganization proceedings, mirroring recent trends in U.S. Chapter...

We examine a new data set of laws and practices governing public procurement, as well as procurement outcomes, in 187 countries. We measure regulation...