William F. Maloney is Lead Economist in the World Bank’s Office of the Chief Economist (OCE) of the Latin America and Caribbean region. Dr. Maloney has published on issues related to international trade, speculative attacks on currencies, developing country labor markets, and innovation. Before joining the Bank permanently, Mr. Maloney was a Professor of Economics at the University of Illinois, Urbana-Champaign (1990-1997). He also served as a consultant for the Bank on Mexico (1994-95) and Nigeria (1986) and the Harvard Kennedy School of Government (1982). Mr. Maloney received a B.A. degree from Harvard University (1981), where he studied economics and political science. He then studied at the University of the Andes in Bogota, Colombia (1982-83) before attending the University of Berkeley for his Ph.D. in Economics (1990). Contact information: Wmaloney@worldbank.org | 
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Recent Working Papers:
Cyclical Movements in Unemployment and Informality in Developing Countries(with Mariano Bosch), (2008) PDF
Comparative Analysis of Labor Market Dynamics using Markov Processes: An Application to Informality (with Mariano Bosch), (2007) PDF
Informal Labor Markets and Macroeconomic Fluctuations (with Norbert Fiess and Marco Fugazza), (2006) PDF
The Determinants of Rising Informality in Brazil: Evidence from Gross Worker Flows (with Mariano Bosch and Edwin Goni), (2006) PDF
Income Dynamics, Mobility and Welfare in Developing Countries (with Tom Krebs and Pravin Krishna), (2006) PDF
Trade Policy, Income Risk, and Welfare(with T. Krebs and P. Krishna), (2005) PDF
More World Bank papers by William F. Maloney
Recent publications
Review of Journal of Economic Literature, Vol XLVI, for Technology, Institutions and Economic Growth by Richard A. Nelson (March 2008)
Releasing Constraints to Growth or Pushing on a String? The Impact of Credit, Training, Business Associations and Taxes on the Performance of Mexican Micro-Firms (with P. Fajnzylber and G. Montes Rojas) (Forthcoming) Journal of Development Studies - PDF
Informality: Exit or Exclusion (with G. Perry, O. Arias, P. Fajnzylber, A. Mason and J. Saavedra-Chanduvi), The World Bank, (2007)
Innovation Shortfalls (with A. Rodriguez-Clare), Review of Development Economics (2007) PDF
Natural Resources: Neither Curse Nor Destiny, Stanford University Press (2006)
Poverty Reduction and Growth: Virtuous and Vicious Circles (with G. Perry, J. Humberto Lopez and O. Arias), The World Bank, (2006)
Micro-Firm Dynamics in Less Developed Countries: How Similar are they to those in the Industrialized World? Evidence from Mexico (with P. Fajnzylber and G. Montes), World Bank Economic Review (2006) PDF
Spatial Dimensions of Trade Liberalization and Economic Divergence: Mexico 1985-2002 (with P. Aroca and M. Bosch), The World Bank Economic Review, Vol. 19. No. 3, pp. 345-378 (2005) PDF
Migration, Trade, and Foreign Direct Investment in Mexico(with P. Aroca Gonzalez), The World Bank Economic Review, Vol. 19, No. 3, pp. 449-472 (2005) PDF
Hacia una Política de Innovación Eficiente (with G. Perry), Revista de la Cepal 87, pp. 25-44 (2005) PDF s
Labor Demand and Trade Reform in Latin America (with P. Fajnzylber), Journal of International Economics 66, pp. 423-446 (2005) PDF
How Elastic are Sea, Sand and Sun? Dynamnic Panel Estimates of the Demand for Tourism (with G. Montes), Applied Economics Letters, 12, pp. 277-280 (2005) PDF
The Distribution of Income Shocks during Crises: An Application of Quantile Analysis to Mexico, 1992-95 (with W. Cunningham and M. Bosch), The World Economic Review, Vol. 18, N. 2 (2004) PDF
Informality Revisited World Development, (2004) PDF
Lessons from NAFTA for Latin America and the Caribbean(with D. Lederman and L. Serven) The World Bank (2003)
Measuring the Impact of Minimum Wages. Evidence from Latin America(with J. Nuñez, et. al), in Law and Employment: Lessons from Latin America and the Caribbean.eds. J. Heckman and C. Pagés. U Chicago, National Bureau of Economic Research, Inc (2003) PDF
Closing the Gap in Education adn Technology(with D. de Ferranti, G. Perry, et. al.) The World Bank (2003) PDF
Second Moments in Speculative Attack Models: Panel Evidence(with A. J. Galindo), Journal of International Economics 56, 97-129, (2002) PDF
Missed Opportunities: Innovation and Resource-Based Growth in Latin AmericaEconomia, Fall 2002, pp. 111-167 (2002) PDF
From Natural Resources to the Knowledge Economy( with D. de Ferranti, G. Perry and D. Lederman), The World Bank (2001) PDF
"Heterogeneity among Mexico's Micro-Enterprises: An Application of Factor and Cluster Analysis" (with W. Cunningham) Economic Development and Cultural Change 50, 131-156, (2001) PDF
Does Informality Imply Segementation in Urban Labor Markets? Evidence from Sectoral Transitions in Mexico World Bank Economic Review 13, 275-302, (1999) PDF
"Exchange Rate Uncertainty and the Law of One Price" Review of International Economics 7, 328-341, (1999) PDF
Self-Employment and Labor Turnover in Development Countries: Cross-Country Evidencein World Bank Economist's Forum, (1998) PDF
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