Aart Kraay
World Bank
165 Papers
1.4K Citations
Aart Kraay is an academic researcher from World Bank. The author has contributed to research in topics: Corporate governance & Poverty. The author has an hindex of 61, co-authored 165 publications. Previous affiliations of Aart Kraay include Yale University & International Monetary Fund.
Chat about Author
Papers
•Posted Content
Product quality, productive efficiency, and international technology diffusion: evidence from plant-level panel data
TL;DR: In this article, the authors developed a new methodology and applied the framework to plant-level panel data from Colombia, Mexico, and Morocco, and found strong firm-level persistence in both quality and marginal costs.
41
•Posted Content
Does Respondent Reticence Affect the Results of Corruption Surveys? Evidence from the World Bank Enterprise Survey for Nigeria
TL;DR: This article found that 13.1 percent of respondents are highly likely to be reticent, and that these reticent respondents admit to sensitive acts at a significantly lower rate than possibly candid respondents when survey questions are worded in a way that implies personal wrongdoing on the part of the respondent.
36
On Measuring Governance: Framing Issues for Debate
Daniel Kaufmann,Aart Kraay +1 more
TL;DR: In this article, the authors propose three principles for users and producers of governance indicators that summarize the challenges in measurement and suggest ways forward: (1) all governance indicators have measurement error, (2) there are no silver bullets, and (3) the links from governance to development outcomes are complex.
Trade integration and risk sharing
Aart Kraay,Jaume Ventura +1 more
TL;DR: In this article, the effects of increased trade in goods and services on the trade balance were studied in a Ricardian model with complete asset markets and it was shown that trade integration dampens these terms of trade movements and, for a given distribution of shocks, amplifies fluctuations in the trade imbalance, regardless of whether supply or demand shocks are the main source of economic fluctuations.
36
Current accounts in the long and short run
TL;DR: In this paper, the authors find that countries invest the marginal unit of savings in domestic and foreign assets in the same proportions as in their initial portfolio, so that the latter is remarkably stable.