ADBI Working Papers

The Asian Development Bank Institute (ADBI) Working Paper series is a continuation of the formerly named Discussion Paper series which began in January 2003. The numbering of the papers continued without interruption or change. ADBI was established in 1997 in Tokyo, Japan, to help build capacity, skills, and knowledge related to poverty reduction and other areas that support long-term growth and competitiveness in developing economies in Asia and the Pacific.


  • Carry Trades in Asia and the Pacific: Evidence on Unconventional Monetary Policies of Advanced Ecomomies 

    Chantapacpedong, Pornpinun; Ito, Hiroyuki; Hull, Kieran (Asian Development Bank Institute, 2017-12-15)
    Since the Global Financial Crisis (GFC) of 2008, the world economy has faced many challenges and changes, which led us to reassess the uncovered interest rate parity (UIP). We are particularly interested in whether and to what extent unconventional ...
  • Population Aging and Inequality: Evidence from the People's Republic of China 

    Chen, Xudong; Huang, Bihong; Li, Shaoshuai (Asian Development Bank Institute, 2017-11-30)
    Population aging has significant economic and social costs, and this paper studies its impacts on inequality, both theoretically and empirically. First, we build a two-period overlapping-generation model with an uncertain lifetime and find that population ...
  • Law, Culture, and Innovation 

    Cumming, Douglas; Johan, Sofia (Asian Development Bank Institute, 2017-11-30)
    This chapter reviews theoretical and empirical research on the relationship between legal systems and innovation and culture and innovation. We highlight legal and cultural forces that encourage innovation activities, including strong patent protection, ...
  • The Impact of Improved Transport Connectivity on Income, Education, and Health: The Case of the Roll-on/Roll-off System in the Philippines 

    Francisco, Kris; Helble, Matthias (Asian Development Bank Institute, 2017-11-30)
    This paper studies the impacts of providing an efficient and affordable transport system within a country through the experience of the Philippines. In 2003 the roll-on/roll-off (Ro-Ro) policy was implemented to provide an integrated mode of inter-island ...

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