Person:
Del Carpio, Ximena Vanessa

Europe and Central Asia
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Fields of Specialization
Migration, Skills, Labor market, Impact of social policies, Labor regulations, Minimum wage, Education, Health, Gender
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ORCID
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Europe and Central Asia
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Last updated: January 31, 2023
Biography
Ximena Vanessa Del Carpio is the World Bank Program Leader in Turkey, Europe and Central Asia region. Under the leadership of the Country Director, she leads the program on Human Development Sectors (including Education, Health, Labor Markets, Social Inclusion, Jobs, Youth and Gender) as well as the Refugee Agenda. Prior to this, Del Carpio was a Senior Economist in the Social Protection and Labor global practice in Europe and Central Asia, and East Asia and Pacific. She also worked in the World Bank’s Independent Evaluation Group and the Human Development Network where she focused on evaluating the impact of various economic development programs in countries throughout Latin America and Africa. Before joining the World Bank, Del Carpio worked at the RAND Corporation and at the Minority Business Development Agency of the U.S. Department of Commerce. Del Carpio is originally from Peru, has a PhD in Political Economics from the University of Southern California and holds a dual MBA and Public Policy.  

Publication Search Results

Now showing 1 - 1 of 1
  • Publication
    Global Migration of Talent and Tax Incentives: Evidence from Malaysia's Returning Expert Program
    (World Bank, Washington, DC, 2016-11) Testaverde, Mauro; Del Carpio, Ximena V.; Wagner, Mathis; Ozden, Caglar
    This paper presents the first evidence on the efficacy of a major program designed to encourage the return migration of high-skilled individuals. The Malaysian Returning Expert Program targets high-skilled Malaysians abroad and provides them with tax incentives to return. At several eligibility thresholds, the probability of acceptance into the program increases discontinuously. Using administrative data on applicants, the analysis is able to identify the impact of acceptance to the Returning Expert Program on the probability of returning to Malaysia. The fuzzy regression discontinuity design estimates suggest that program approval increases the return probability by 40 percent for applicants with a preexisting job offer in Malaysia. There is no significant treatment effect for those who apply without a job offer. The estimated migration elasticity with respect to the net-of-tax rate, averaged across all applicants, is 1.2. Fiscal cost-benefit analysis of the Returning Expert Program finds a modest net fiscal effect of the program, between minus $6,900 and plus $4,200 per applicant, suggesting that the program roughly pays for itself.