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Fueling or Following Growth? Causal Effects of Capital Inflows on Recipient Economies
End, Nicolas - 2024
Identifying the causal impact of capital inflows on growth and development has been a perennial challenge. This paper proposes a new way to investigate the effect of capital flows on recipient emerging and developing economies, using shift-share instruments and correcting for indirect flows. It...
Persistent link: https://www.econbiz.de/10015058746
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The Great Contractions in Russia, the Baltics and the Other Countries of the Former Soviet Union; A View From the Supply Side
International Monetary Fund (IMF); International … - 2000
The output contractions during the initial transition stages in the Baltics and in Russia and the other CIS countries are examined across several dimensions, and the reliability of the available official statistics evaluated. The depth, length and breadth of the contractions are studied and set...
Persistent link: https://www.econbiz.de/10005263697
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Quasi-Fiscal Deficits and Energy Conditionality in Selected CIS Countries
Saavalainen, Tapio; Berge, Joy Mylène ten - International Monetary Fund (IMF) - 2006
Quasi-fiscal deficits of public utility companies are common in all member countries of the Commonwealth of Independent States (CIS). They constitute a significant impediment to efficient resource allocation and endanger macroeconomic stability. This paper presents a simple framework for...
Persistent link: https://www.econbiz.de/10005768963
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The Electricity Sector in FYR Macedonia
Tieman, Alexander F. - International Monetary Fund (IMF) - 2011
This paper describes the current state of the Macedonian electricity sector. It looks at ongoing structural changes …, driven by the gradual adoption of the EU acquis on energy, and comes up with estimates for electricity subsidies. It …
Persistent link: https://www.econbiz.de/10008839339
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Do Trading Partners Still Matter for Nigeria's Growth? A Contribution to the Debate on Decoupling and Spillovers
Obiora, Kingsley I. - 2009
these questions for Nigeria in the context of the global crisis. The results seem to debunk the ""decoupling theory"" and … suggest there are still significant spillovers from Nigeria's main trading partners, including the US, with trade and …
Persistent link: https://www.econbiz.de/10012677490
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Forecasting Inflation in Sudan
Moriyama, Kenji - 2009
This paper forecasts inflation in Sudan following two methodologies: the Autoregressive Moving Average (ARMA) model and by looking at the leading indicators of inflation. The estimated ARMA model remarkably tracks the actual inflation during the sample period. The Granger causality test suggests...
Persistent link: https://www.econbiz.de/10012677800
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Reaching (Beyond) the Frontier: Energy Efficiency in Europe
Cevik, Serhan - 2023
The world is not decarbonizing fast enough, with global warming on track to reach as much as 4°C over the next century absent a global green transition. Policymakers in Europe-and beyond-still have an opportunity both to achieve net zero emissions by 2050 and to strengthen economic prospects by...
Persistent link: https://www.econbiz.de/10015059064
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Targeted, Implementable, and Practical Energy Relief Measures for Households in Europe
Arregui, Nicolas - 2022
The recommended way of helping households during the ongoing European energy crisis is to allow price signals to operate freely while providing targeted compensation to the vulnerable. In practice, however, institutional, political, and technical constraints have led many European governments to...
Persistent link: https://www.econbiz.de/10015059907
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Jobs Impact of Green Energy
Kim, Jaden - 2022
-creation potential of greening the electricity sector. Specifically, it calculates the net job gains or losses from increasing the level … of energy efficiency, and from increasing the share of clean and renewable electricity generation in the total … electricity output mix. The tool relies on estimates of job multipliers in the literature, and adds evidence from firm-level data …
Persistent link: https://www.econbiz.de/10015060395
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Broad Money Demand and Asset Substitution in China
Wu, Ge - 2009
Recent changes to China's financial system, in particular ongoing interest rate liberalization, gradual movement toward a more flexible exchange rate regime, and rapid development of capital markets, have changed substantially the environment in which monetary policy operates. In light of these...
Persistent link: https://www.econbiz.de/10012677797