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This paper surveys the economic literature on the scaling-up of aid to Africa. It provides a checklist of issues that need to be considered when preparing a long term macroeconomic projection for a country involving the assumption of a significant increase in aid. Such scaling-up scenarios are...
Persistent link: https://www.econbiz.de/10014404188
We use a dynamic small open economy model to explore the macroeconomic impact of alternative public investment scaling … sustainability for three fast-growing Southeast Asian economies: Cambodia, Sri Lanka, and Vietnam. We show that a gradual public …
Persistent link: https://www.econbiz.de/10011716457
This paper provides an overview of inflation developments in Vietnam in the years following the doi moi reforms, and … uses empirical analysis to answer two key questions: (i) what are the key drivers of inflation in Vietnam, and what role … does monetary policy play? and (ii) why has inflation in Vietnam been persistently higher than in most other emerging …
Persistent link: https://www.econbiz.de/10012667557
Persistent link: https://www.econbiz.de/10014391579
general equilibrium (DSGE) model of the world economy, featuring a range of nominal and real rigidities, extensive … varying degrees depending on the structural characteristics of the economy. The framework is applied empirically to four small …
Persistent link: https://www.econbiz.de/10013170322
-carbon economy. This paper provides an overview of the rapidly growing literature on the role of macroeconomic and financial policy …
Persistent link: https://www.econbiz.de/10012103638
framework considers a small open economy with a large informal production sector and a heterogeneous work force. The labor …
Persistent link: https://www.econbiz.de/10014396485
We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG) model widely used at the IMF since 2012. The new DIG-Labor models feature segmented labor markets, efficiency wages and open unemployment, and an informal non-agricultural sector....
Persistent link: https://www.econbiz.de/10012252029
Persistent link: https://www.econbiz.de/10014443705
Persistent link: https://www.econbiz.de/10008855919