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Pandemic, War, Inflation : Oil Markets at a Crossroads?

Baumeister, Christiane - National Bureau of Economic Research - 2023

supply side of the global oil market by focusing on structural changes in each of the three main oil-producing countries. The … demand side has responded to geopolitical developments by devising a set of policy tools to stabilize oil markets and counter … inflationary pressures. In particular, the price cap policy was introduced to supplement the EU embargo on seaborne Russian oil …

Persistent link: https://www.econbiz.de/10014322883

Capital Account Openness and the Varieties of Growth Experience

Klein, Michael W. - 2003

The effects of capital account openness on economic growth may vary across countries. Some countries may not have in place the constellation of institutions required to fully benefit from open capital accounts. Other countries may realize only small marginal improvements in the wake of capital...

Persistent link: https://www.econbiz.de/10012469202

Distinguishing Constraints on Financial Inclusion and Their Impact on GDP, TFP, and Inequality

Dabla-Norris, Era - 2015

We develop a micro-founded general equilibrium model with heterogeneous agents and three dimensions of financial inclusion: access (determined by a participation cost), depth (determined by a borrowing constraint), and intermediation efficiency (determined by a monitoring cost). We find that the...

Persistent link: https://www.econbiz.de/10012457845

In Search of Reforms for Growth : New Stylized Facts on Policy and Growth Outcomes

Easterly, William - 2019

inflation, black market premiums, currency overvaluation, negative real interest rates and abnormally low trade shares to GDP …

Persistent link: https://www.econbiz.de/10012480263

International Spillovers of U.S. Fiscal Challenges

Aizenman, Joshua; Eldén, William; Jinjarak, Yothin; … - National Bureau of Economic Research - 2024

Expansionary fiscal policies have increased significantly following the subprime crisis in 2007 and the COVID-19 crisis, leading to fiscal dominance concerns, where a growing share of monetary authorities may be forced to deviate from policy targets to accommodate fiscal policies. Meanwhile,...

Persistent link: https://www.econbiz.de/10015056195

The Contribution of Highways to GDP Growth

Fraumeni, Barbara M. - 2009

This paper constructs updated measures of productive highway capital stocks at the total, Interstate, Non-interstate, and Local System levels to estimate the contribution of all highways (all public roads) to GDP growth. It presents three types of contribution to GDP growth estimates and an...

Persistent link: https://www.econbiz.de/10012463911

Accounting for the Effect of Health on Economic Growth

Weil, David N. - 2005

I use microeconomic estimates of the effect of health on individual outcomes to construct macroeconomic estimates of the proximate effect of health on GDP per capita. I employ avariety of methods to construct estimates of the return to health, which I combine with cross-country and historical...

Persistent link: https://www.econbiz.de/10012467224

Is Sugar Sweeter at the Pump? The Macroeconomic Impact of Brazil's Alternative Energy Program

Weidenmier, Marc D. - 2008

domestic oil production and develop alternative sources of energy. We examine the energy developments in Brazil as an important … experiment. Brazil has reduced its share of imported oil more than any other major economy in the world in the last 30 years … oil production and (2) developing one of the world's largest and most competitive sources of renewable energy -- sugarcane …

Persistent link: https://www.econbiz.de/10012464277

On the Determinants of Mortality Reductions in the Developing World

Soares, Rodrigo R. - 2007

This paper presents and critically discusses a vast array of evidence on the determinants of mortality reductions in developing countries. We argue that increases in life expectancy between 1960 and 2000 were largely independent from improvements in income and nutrition. We then characterize the...

Persistent link: https://www.econbiz.de/10012465819

Global Patterns of Income and Health : Facts, Interpretations, and Policies

Deaton, Angus - 2006

People in poor countries live shorter lives than people in rich countries so that, if we scale income by some index of health, there is more inequality in the world than if we consider income alone. Such international inequalities in life expectancy decreased for many years after 1945, and the...

Persistent link: https://www.econbiz.de/10012465925