Similar Search Results

The return of the policy that shall not be named : principles of industrial policy

Chérif, Réda; Hasanov, Fuad - 2019

Industrial policy is tainted with bad reputation among policymakers and academics and is often viewed as the road to perdition for developing economies. Yet the success of the Asian Miracles with industrial policy stands as an uncomfortable story that many ignore or claim it cannot be...

Persistent link: https://www.econbiz.de/10012010001

The leap of the tiger : how Malaysia can escape the middle-income trap

Chérif, Réda; Hasanov, Fuad - 2015

Only a few European economies and Korea and Taiwan Province of China reached high-income status during 1970-2010. Malaysia’s real income per capita increased to 26 percent of the U.S. level in 2010 from 20 percent in 1970. Despite relatively strong growth and a substantial improvement in...

Persistent link: https://www.econbiz.de/10011374753

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

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

A TIP against the COVID-19 pandemic

Chérif, Réda; Hasanov, Fuad - 2020

A universal testing and isolation policy is the most viable way to vanquish a pandemic. Its implementation requires: (i) an epidemiological rather than clinical approach to testing, sacrificing accuracy for scalability, convenience and speed; and (ii) state intervention to ramp up production,...

Persistent link: https://www.econbiz.de/10012252486

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

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

Knowledge spillovers from superstar tech-firms : the case of Nokia

Ali-Yrkkö, Jyrki; Chérif, Réda; Hasanov, Fuad; … - 2021

spillovers on firms is particularly strong in terms of employment and value added …

Persistent link: https://www.econbiz.de/10012796292

Fair and inclusive markets : why dynamism matters

Aghion, Philippe; Chérif, Réda; Hasanov, Fuad - 2021

inequality are characterized by dynamism-a drive toward sophisticated export industries, innovation, and creative destruction and …

Persistent link: https://www.econbiz.de/10012517949

Competition, innovation, and inclusive growth

Aghion, Philippe; Chérif, Réda; Hasanov, Fuad - 2021

We provide an overview of the theories and empricial evidence on the complex relationship among innovation, competition …, and inclusive growth. Competition and innovation-led growth are critical to drive productivity gains and support broad …-based growth. However, new technologies and trends in market concentration are stifling future innovation while contributing to the …

Persistent link: https://www.econbiz.de/10012518975