Productivity dispersion across countries has led to several studies on the determinants of firm level productivity and … the role of macroeconomic policies in determining productivity. In this paper, we investigate the effect of fiscal … consolidation on firm level productivity in 12 advanced economies by combining an updated dataset of fiscal consolidation measures …

SOURCES AND VARIABLE CONSTRUCTION -- V. ESTIMATION METHODOLOGY AND RESULTS -- VI. CONCLUSIONS -- APPENDIXES …

This paper examines the impact of Dollar exchange rate volatility on firm productivity in Emerging Markets economies … volatility reduces firm productivity growth. Exploring channels, its finds that the results are driven by countries with low …

This paper argues case that a tighter fiscal policy stance can meaningfully support central banks in fighting inflation … more effective than fiscal policy in battling inflation in open economies due to the exchange rate channel, we show that a …

growth suggests Balassa-Samuelson factors at play. However, after 1990, the tradable-nontradable labor productivity gap, the …

higher food shares in CPI baskets, fuel intensities, and pre-existing inflation levels were more prone to experience … scores seem to have contained the impact of these shocks better. The effect of the presence of inflation …

ABOUT INFLATION? -- V. SUMMARY AND CONCLUSIONS -- References. …

What are the contributions of demand and supply factors to inflation? To address this question, we follow Shapiro (2022 …) and construct quarterly demand-driven and supply-driven inflation series for 32 countries utilizing sectoral Personal … Consumption Expenditures (PCE) data. We highlight global trends and country-specific differences in inflation decompositions …