Similar Search Results

Dampening Global Financial Shocks : Can Macroprudential Regulation Help (More than Capital Controls)?

Bergant, Katharina - 2020

We show that macroprudential regulation can considerably dampen the impact of globalfinancial shocks on emerging … markets. More specifically, a tighter level of regulation reducesthe sensitivity of GDP growth to VIX movements and capital … andliquidity, foreign currency mismatches, and risky forms of credit. We also find that tightermacroprudential regulation allows …

Persistent link: https://www.econbiz.de/10012828057

Waste Not, Want Not : The Efficiency of Health Expenditure in Emerging and Developing Economies

Grigoli, Francesco - 2013

Public health spending is low in emerging and developing economies relative to advanced economies and health outputs and outcomes need to be substantially improved. Simply increasing public expenditure in the health sector, however, may not significantly affect health outcomes if the efficiency...

Persistent link: https://www.econbiz.de/10013075544

A Hybrid Approach to Estimating the Efficiency of Public Spending on Education in Emerging and Developing Economies

Grigoli, Francesco - 2014

The measurement of the efficiency of public education expenditure using parametric and non-parametric methods has proven challenging. This paper seeks to overcome the difficulties of earlier studies by using a hybrid approach to measure the efficiency of secondary education spending in emerging...

Persistent link: https://www.econbiz.de/10013058432

Mobility Under the COVID-19 Pandemic : Asymmetric Effects Across Gender and Age

Caselli, Francesca; Grigoli, Francesco; Sandri, Damiano; … - 2021

Lockdowns and voluntary social distancing led to significant reduction in people's mobility. Yet, there is scant evidence on the heterogeneous effects across segments of the population. Using unique mobility indicators based on anonymized and aggregate data provided by Vodafone for Italy,...

Persistent link: https://www.econbiz.de/10013250080

Assessing Targeted Containment Policies to Fight COVID-19

Checo, Ariadne; Grigoli, Francesco; Mota, Jose M. - 2021

The large economic costs of full-blown lockdowns in response to COVID-19 outbreaks, coupled with heterogeneous mortality rates across age groups, led to question non-discriminatory containment measures. In this paper we provide an assessment of the targeted approach to containment. We propose a...

Persistent link: https://www.econbiz.de/10013250084

The Sovereign-Bank Nexus in Emerging Markets in the Wake of the COVID-19 Pandemic

Deghi, Andrea; Fendoglu, Salih; Tabarraei, Hamid; Iyer, Tara - 2022

The COVID-19 pandemic has brought the relationship between sovereigns and banks—the so-called sovereign-bank nexus—in emerging market economies to the fore as bank holdings of domestic sovereign debt have surged. This paper examines the empirical relevance of this nexus to assess how it...

Persistent link: https://www.econbiz.de/10014237880

The Economic Consequences of Conflict in Sub-Saharan Africa

Fang, Xiangming; Kothari, Siddharth; McLoughlin, Cameron; … - 2021

Sub-Saharan Africa has been marred by conflicts during the past several decades. While the intensity of conflicts in recent years is lower than that observed in the 1990s, the region remains prone to conflicts, with around 30 percent of the countries affected in 2019. In addition to immeasurable...

Persistent link: https://www.econbiz.de/10013252207

Quality of Government and Living Standards : Adjusting for the Efficiency of Public Spending

Grigoli, Francesco - 2012

It is generally acknowledged that the government’s output is difficult to define and its value is hard to measure. The practical solution, adopted by national accounts systems, is to equate output to input costs. However, several studies estimate significant inefficiencies in government...

Persistent link: https://www.econbiz.de/10013098623

Competition, Competitiveness and Growth in Sub-Saharan Africa

Cherif, Reda - 2020

Does greater product market competition improve external competitiveness and growth? This paper examines this question by using country-and firm-level data for a sample of 39 sub-Saharan African countries over 2000-17, as well as other emerging market economies and developing countries, and...

Persistent link: https://www.econbiz.de/10012839680

The Impact of Fiscal Consolidations on Growth in Sub-Saharan Africa

Arizala, Francisco - 2018

This paper examines the output effects of changes in public expenditure and revenue in sub-Saharan African countries during 1990-2016. Fiscal multipliers in sub-Saharan Africa are somewhat smaller than those in advanced and emerging economies. The effect of changes in fiscal policy on output...

Persistent link: https://www.econbiz.de/10012929927