Click here for search results

Newsletter

Luis Serven

Senior Adviser

LUIS SERVEN is Research Manager for Macroeconomics and Growth in the Development Research Group. After joining the Bank in 1988, he worked at the Research department, and between 1999 and 2004 he managed the regional research program on Latin America and the Caribbean. Prior to joining the Bank he worked as a senior researcher at FEDEA and taught at the Universidad Complutense of Madrid, MIT and CEMFI. His recent research focuses on open economy macroeconomics, fiscal policy and growth, exchange rate regimes, international portfolio diversification, saving and investment determinants, and microeconomic regulation and growth. He holds a Bachelor in Economics from the Universidad Complutense de Madrid and a Ph.D. in Economics from the Massachusetts Institute of Technology.

You can download selected documents by this author.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


World Bank working papers and publications

1 .Productivity and the welfare of nations
2 .Is infrastructure capital productive ? a dynamic heterogeneous approach
3 .Global imbalances before and after the global crisis
4 .Infrastructure in Latin America - Working Paper
5 .Infrastructure in Latin America - Dataset
6 .Productivity, welfare and reallocation : theory and firm-level evidence
7 .Undervaluation through foreign reserve accumulation : static losses, dynamic gains
8 .The World Bank research observer 25 (1)
9 .Business regulation and economic performance
10 .Medium-term business cycles in developing countries
11 .Too poor to grow
12 .Informality in Latin America and the Caribbean
13 .Are all the sacred cows dead ? implications of the financial crisis for macro and financial policies
14 .Infrastructure and economic development in Sub-Saharan Africa
15 .Real exchange rates, saving and growth : is there a link ?
16 .The World Bank research observer 23 (1)
17 .Fiscal redistribution and income inequality in Latin America
18 .The World Bank research observer 23 (2)
19 .Fiscal rules, public investment, and growth
20 .Walking up the down escalator : public investment and fiscal stability
21 .The World Bank research observer 21 (2)
22 .A normal relationship ? Poverty, growth, and inequality
23 .Getting real about inequality : evidence from Brazil, Colombia, Mexico, and Peru
24 .The World Bank economic review 19 (3)
25 .The impact of regulation on growth and informality - cross-country evidence
26 .Regulation and macroeconomic performance
27 .Macroeconomic stability in developing countries - How much is enough?
28 .The effects of infrastructure development on growth and income distribution
29 .Trends in infrastructure in Latin America, 1980-2001
30 .Country Portfolios
31 .Tango with the Gringo: the hard peg and real misalignment in Argentina
32 .Greenfield foreign direct investment and mergers and acquisitions - feedback and macroeconomic effects
33 .The anatomy of a multiple crisis : why was Argentina special and what can we learn from it?
34 .Do capital flows respond to risk and return?
35 .World market integration through the lens of foreign direct investors
36 .Real exchange rate uncertainty and private investment in developing countries
37 .Pricing currency risk : facts and puzzles from currency boards
38 .The World Bank economic review 14(3)
39 .Global transmission of interest rates : monetary independence and the currency regime
40 .Verifying exchange rate regimes
41 .What drives private saving around the world?
42 .External sustainability : a stock equilibrium perspective
43 .Measuring aid flows : a new approach
44 .Macroeconomic uncertainty and private investment in developing countries - an empirical investigation
45 .Uncertainty, instability, and irreversible investment : theory, evidence, and lessons for Africa
46 .Does public capital crowd out private capital? : evidence from India
47 .Income inequality and aggregate saving : the cross-country evidence
48 .Fiscal and monetary contraction in Chile : a rational-expectations approach
49 .Terms-of-trade shocks and optimal investment : another look at the Laursen-Metzler effect
50 .Saving, investment, and growth in developing countries : an overview
51 .Capital goods imports, the real exchange rate, and the current account
52 .Dynamic response to external shocks in classical and Keynesian economies
53 .Fiscal policy in classical and Keynesian open economies
54 .Dynamic response to foreign transfers and terms-of-trade shocks in open economies
55 .The World Bank research observer 7(1)
56 .An empirical macroeconomic model for policy design : the case of Chile
57 .Adjustment policies and investment performance in developing countries : theory, country experiences, and policy implications
58 .Anticipated real exchange-rate changes and the dynamics of investment
59 .Private investment and macroeconomic adjustment : an overview




Permanent URL for this page: http://go.worldbank.org/YIICX4UPD0