Working Paper
The copper sector, fiscal rules, and stabilization funds in Chile
Historically, Chile has been an economy dominated by mineral and agro-industrial products and subject to frequent external shocks particularly in copper prices. Since the 1980s, the authorities have developed various mechanisms to cope with these...
Working Paper
Faraway, so close: the impact of the Russia–Ukraine war on political violence in Asian countries
We show that the Russia–Ukraine-war-induced changes in the international price of wheat affected political violence in Asia. Using data from 13 countries and more than four million cell-level observations, we show that a higher wheat price increases...