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Trade, Growth, and Poverty : A Selective Survey

Berg, Andrew - 2003

This survey of the recent literature asks: how important is trade policy for poverty reduction? We consider the effects … of openness on poverty in two components: the effect of openness on average income growth, and the effect on distribution … of growth and poverty reduction. Trade openness has important positive spillovers on other aspects of reform, however, so …

Persistent link: https://www.econbiz.de/10014404018

Public investment, growth, and debt sustainability : putting together the pieces

Buffie, Edward E.; Berg, Andrew; Pattillo, Catherine A.; … - 2012

We develop a model to study the macroeconomic effects of public investment surges in low-income countries, making explicit: (i) the investment-growth linkages; (ii) public external and domestic debt accumulation; (iii) the fiscal policy reactions necessary to ensure debt-sustainability; and (iv)...

Persistent link: https://www.econbiz.de/10009618586

Forecasting and monetary policy analysis in low-income countries : food and non-food inflation in Kenya

Andrle, Michal; Berg, Andrew; Morales, R. Armando; … - 2013

Persistent link: https://www.econbiz.de/10009726525

Forecasting and Monetary Policy Analysis in Low-Income Countries : Food and non-Food Inflation in Kenya

Andrle, Michal - 2013

We develop a semi-structural new-Keynesian open-economy model, with separate food and non-food inflation dynamics, for forecasting and monetary policy analysis in low-income countries and apply it to Kenya. We use the model to run several policy-relevant exercises. First, we filter international...

Persistent link: https://www.econbiz.de/10014395318

Practical Model-Based Monetary Policy Analysis : A How-To Guide

Laxton, Douglas - 2006

This paper provides a how-to guide to model-based forecasting and monetary policy analysis. It describes a simple structural model, along the lines of those in use in a number of central banks. This workhorse model consists of an aggregate demand (or IS) curve, a price-setting (or Phillips)...

Persistent link: https://www.econbiz.de/10014399871