supply side of the global oil market by focusing on structural changes in each of the three main oil-producing countries. The … demand side has responded to geopolitical developments by devising a set of policy tools to stabilize oil markets and counter … inflationary pressures. In particular, the price cap policy was introduced to supplement the EU embargo on seaborne Russian oil …

choices matter for output volatility and the medium-term level of inflation. Greater monetary independence is associated with … inflation rate. We find that trilemma policy configurations and external finances affect output volatility through the … lower output volatility while greater exchange rate stability implies greater output volatility, which can be mitigated if a …

This paper shows how changes in the volatility of the real interest rate at which small open emerging economies borrow … motivate our investigation, we document the strong evidence of time-varying volatility in the real interest rates faced by a … sample of four emerging small open economies: Argentina, Ecuador, Venezuela, and Brazil. We postulate a stochastic volatility …

probability of being a common currency country and outcome' equations for growth, volatility and inflation. We find that both type … of common currency countries have lower inflation than countries with a domestic currency. Dollarized countries have … lower growth and higher volatility than countries with a domestic currency. Currency unions, on the other hand, have higher …

choices tend to experience smaller output volatility in the last two decades. Emerging markets with relatively low … international reserves/GDP could experience higher levels of output volatility when they choose a policy combination with a greater … degree of policy divergence. Yet this heightened output volatility effect does not apply to economies with relatively high …

the US Inflation Reduction Act significantly accelerates renewable uptake, and generates substantial economic benefits. In …

markets on the cost of macroeconomic volatility there. We find that macroeconomic volatility has a potentially large impact on … industries with costly capacity, the multinationals would tend to invest in the more stable emerging markets. Higher volatility …

volatility, and discusses steps to facilitate the creation of these markets …