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Do fiscal multipliers depend on fiscal positions?
Huidrom, Raju; Kose, M. Ayhan; Lim, Jamus Jerome; … - 2016
Persistent link: https://www.econbiz.de/10011559757
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Why do fiscal multipliers depend on fiscal positions?
Huidrom, Raju; Kose, M. Ayhan; Lim, Jamus Jerome; … - 2019
reduce consumption in anticipation of future fiscal adjustments when fiscal stimulus is implemented from a weak fiscal …
Persistent link: https://www.econbiz.de/10012008266
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Credit-less recoveries : neither a rare nor an insurmountable challenge
Sugawara, Naotaka; Zalduendo, Juan - 2013
Persistent link: https://www.econbiz.de/10009765846
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Cross-region transfers in a monetary union : evidence from the US and some implications
Pennings, Steven - 2020
US federal transfers to individuals are large, countercyclical, vary geographically, and are often credited for helping stabilize regional economies. This paper estimates the short-run effects of these transfers using plausibly exogenous regional variation in temporary stimulus packages and...
Persistent link: https://www.econbiz.de/10012241154
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The 2014–16 oil price collapse in retrospect sources and implications
Stocker, Marc; Baffes, John; Some, Y. Modeste; Vorisek, Dana - 2018
With the benefit of hindsight, this paper provides a fresh and comprehensive look at the causes of the 2014-16 collapse in oil prices and its impact on the global economy. It disentangles the contribution of supply and demand factors, assesses the impact on activity in oil exporters and oil...
Persistent link: https://www.econbiz.de/10011866289
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Exiting financial repression : the case of Ethiopia
Chauffour, Jean-Pierre; Gobezie, Muluneh Ayalew - 2019
Ethiopia's framework for managing its monetary and foreign exchange policy has relied on some standard instruments of financial repression. Over time, the framework has led to the buildup of large macro-financial imbalances. Exiting financial repression while maintaining macroeconomic stability...
Persistent link: https://www.econbiz.de/10012168071
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When is the government transfer multiplier large?
Giambattista, Eric; Pennings, Steven - 2017
Persistent link: https://www.econbiz.de/10011736372
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Productivity convergence is anyone catching up?
Kindberg-Hanlon, Gene; Okou, Cedric - 2020
percent. Average productivity growth in EMDEs has picked up rapidly since 2000, renewing interest in the convergence … rate of convergence remains low, with current growth differentials halving the productivity gap only after over 100 years …. Behind the low average pace of convergence lies considerable diversity among groups of countries converging toward different …
Persistent link: https://www.econbiz.de/10012297202
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Latin American growth : a trade perspective
Torre, Augusto de la; Ize, Alain - 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/10012051845
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States diverge, cities converge : drivers of local growth catch-up in India
Li, Yue; Rama, Martín; Zhao, Qinghua - 2018
Persistent link: https://www.econbiz.de/10012002519