Showing 1 - 10 of 135
; and the response tends to be more pronounced among mining than among hydrocarbon firms. There is only weak evidence …
Persistent link: https://www.econbiz.de/10013243073
/urban inequality and sectoral reallocation. The three forms of investment are complementary. Infrastructure investments favor formal …
Persistent link: https://www.econbiz.de/10014354587
While expanding public investment can help filling infrastructure bottlenecks, scaling up too much and too fast often … public investment in a large sample of road construction projects in developing countries. Consistent with the presence of … absorptive capacity constraints, our results show a non-linear U-shaped relationship between public investment and project costs …
Persistent link: https://www.econbiz.de/10012836531
revenue needs for financing social and public investment spending over the medium term—suggest that a review of Mexico …’s challenges. This paper identifies opportunities for redesigning mining taxation to increase somewhat the revenue intake while … maintaining the favorable investment profile of the sector. It also discusses recent reforms to the oil and gas fiscal regime and …
Persistent link: https://www.econbiz.de/10013306741
This paper assess how priorities of the IMF’s membership have evolved over the past two decades, by using text mining …
Persistent link: https://www.econbiz.de/10013306797
Limiting climate change requires a 80 percent reduction in fossil fuel extraction until 2050. What are the macroeconomic consequences for fossil fuel producing countries? We identify 35 episodes of persistent, exogenous declines in extraction based on a new data-set for 13 minerals (oil, gas,...
Persistent link: https://www.econbiz.de/10014350439
This paper aims to promote harmonization between macroeconomic statistics guidelines and accounting standards. It first highlights recent development that act as drivers to the harmonization of the two systems. It then compares the two systems and reviews approaches aimed at further...
Persistent link: https://www.econbiz.de/10012783041
This paper develops a new central bank transparency index for inflation-targeting central banks (CBT-IT index). It applies the CBT-IT index to the Czech National Bank (CNB), one of the most transparent inflation-targeting central banks. The CNB has invested heavily in developing a Forecasting...
Persistent link: https://www.econbiz.de/10012909410
We quantify the macroeconomic effects of COVID-19 for a small open economy by calibrating a SIR-multi-sector-macro model. We measure sectoral supply shocks utilizing teleworking and physical job proximity, and demand shocks with credit card purchases. Both shocks are also affected from changing...
Persistent link: https://www.econbiz.de/10012826004
We present a new index of social unrest based on counts of relevant media reports. The index consists of individual monthly time series for 130 countries, available with almost no lag, and can be easily and transparently replicated. Spikes in the index identify major events, which correspond...
Persistent link: https://www.econbiz.de/10012826020