Narrow search
Showing 1 - 10 of 86
Cover Image
A Gem for Streamlined Dynamic CGE Analysis : Structure, Interface, Data, and Macro Application
Cicowiez, Martin - 2018
This paper provides an overview, macro application, and detailed documentation of GEM-Core, a dynamic computable general equilibrium (CGE) model designed for medium- and long-run policy analysis. GEM stands for General Equilibrium Model. GEM-Core can address the issues that typically are...
Persistent link: https://www.econbiz.de/10012931657
Cover Image
Latin American Growth : A Trade Perspective
de la Torre, Augusto - 2019
This paper reviews the determinants of Latin America's uneven growth based on an accounting decomposition that breaks down countries' growth (relative to the world) into three trade-related channels: (i) an export pull measuring the traction exerted by the country's exports, (ii) an external...
Persistent link: https://www.econbiz.de/10012865507
Cover Image
International Trade and Inclusive Growth : A Primer for Busy Policy Analysts
Lederman, Daniel - 2017
This note provides two analytical frameworks for understanding the role of trade in promoting inclusive growth in developing economies. A working definition of inclusive growth focuses on long-term, sustained growth associated with productivity growth and employment opportunities for broad...
Persistent link: https://www.econbiz.de/10012975604
Cover Image
A Regime-Based Effect of Fiscal Policy : Evidence from an Emerging Economy
Bouzid, Bechir Naier - 2017
In recent years, few authors have attempted to address the question of whether the state of the economy influences the … impact of fiscal policy on the economy. Key findings have often indicated that expansionary fiscal intervention tends to be … more effective when the economy is in a downturn. This favorable impact is more pronounced with an increase in government …
Persistent link: https://www.econbiz.de/10012942459
Cover Image
New Evidence on the Cyclicality of Fiscal Policy
Carneiro, Francisco - 2017
This paper presents new evidence on the patterns of cyclicality in the fiscal policy stance of developing and industrialized countries over a period of more than three decades covering 180 countries during 1980?2012. First, the paper considers issues of robustness in the choice of the proxy for...
Persistent link: https://www.econbiz.de/10012971636
Cover Image
Unconventional Monetary Policy Normalization in High-Income Countries : Implications for Emerging Market Capital Flows and Crisis Risks
Burns, Andrew - 2017
As the recovery in high-income countries firms amid a gradual withdrawal of extraordinary monetary stimulus, developing countries can expect stronger demand for their exports as global trade regains momentum, but also rising interest rates and potentially weaker capital inflows. This paper...
Persistent link: https://www.econbiz.de/10012973348
Cover Image
Emerging and Developing Economies : Ten Years after the Global Recession
Kose, M. Ayhan - 2020
, they now appear less well placed to cope with the substantial downside risks facing the global economy. In many EMDEs, the …
Persistent link: https://www.econbiz.de/10012841602
Cover Image
Digital Trade in MENA : Regulatory Readiness Assessment
Daza Jaller, Lillyana Sophia - 2020
and North Africa region is falling behind in establishing a modern governance framework for the digital economy. The …
Persistent link: https://www.econbiz.de/10012838264
Cover Image
Traders' Dilemma : Developing Countries' Response to Trade Disputes
Devarajan, Shantayanan - 2018
If trade tensions between the United States and certain trading partners escalate into a full-blown trade war, what should developing countries do? Using a global, general-equilibrium model, this paper first simulates the effects of an increase in U.S. tariffs on imports from all regions to...
Persistent link: https://www.econbiz.de/10012908371
Cover Image
The Heterogeneous Effects of Trade Policy Uncertainty : How Much Do Trade Commitments Boost Trade?
Osnago, Alberto - 2018
This paper studies the effects of trade policy uncertainty on the extensive and intensive margins of trade for a sample of 65 exporters at the Harmonized System six-digit level. The paper measures trade policy uncertainty as the gap between binding tariff commitments under trade agreements...
Persistent link: https://www.econbiz.de/10012912125