Narrow search
Showing 1 - 10 of 196
Cover Image
Debt and Financial Crises
Koh, Wee Chian - 2020
Emerging market and developing economies have experienced recurrent episodes of rapid debt accumulation over the past … fifty years. This paper examines the consequences of debt accumulation using a three-pronged approach: an event study of … debt accumulation episodes in 100 emerging market and developing economies since 1970; a series of econometric models …
Persistent link: https://www.econbiz.de/10012841869
Cover Image
Debt and Financial Crises
Koh, Wee Chian - 2020
Emerging market and developing economies have experienced recurrent episodes of rapid debt accumulation over the past … fifty years. This paper examines the consequences of debt accumulation using a three-pronged approach: an event study of … debt accumulation episodes in 100 emerging market and developing economies since 1970; a series of econometric models …
Persistent link: https://www.econbiz.de/10012843341
Cover Image
Does Openness to International Financial Flows Raise Productivity Growth?
Prasad, Eswar; Terrones, Marco; Kose, M. Ayhan - International Monetary Fund (IMF) - 2008
strong evidence that FDI and portfolio equity liabilities boost TFP growth while external debt is actually negatively … correlated with TFP growth. The negative relationship between external debt liabilities and TFP growth is attenuated in economies …
Persistent link: https://www.econbiz.de/10005769199
Cover Image
Do fiscal multipliers depend on fiscal positions?
Huidrom, Raju; Kose, M. Ayhan; Lim, Jamus Jerome; … - 2016
positions: the multipliers tend to be larger when fiscal positions are strong (i.e. when government debt and deficits are low …
Persistent link: https://www.econbiz.de/10011489390
Cover Image
Growing apart or moving together? : synchronization of informal and formal economy cycles
Elgin, Ceyhun; Kose, M. Ayhan; Ohnsorge, Franziska; Yu, Shu - 2021
We study the degree of synchronization between formal- and informal-economy business cycles. Using a comprehensive database of informal activity that covers a wide range of informality measures from almost 160 countries over the 1990-2018 period, we report two major results. First, fluctuations...
Persistent link: https://www.econbiz.de/10012625110
Cover Image
Why do fiscal multipliers depend on fiscal positions?
Huidrom, Raju; Kose, M. Ayhan; Lim, Jamus Jerome; … - 2019
Persistent link: https://www.econbiz.de/10012223782
Cover Image
Why do fiscal multipliers depend on fiscal positions?
Huidrom, Raju; Kose, M. Ayhan; Lim, Jamus Jerome; … - 2019
The fiscal position can affect fiscal multipliers through two channels. Through the Ricardian channel, households reduce consumption in anticipation of future fiscal adjustments when fiscal stimulus is implemented from a weak fiscal position. Through the interest rate channel, fiscal stimulus...
Persistent link: https://www.econbiz.de/10011986401
Cover Image
Why do fiscal multipliers depend on fiscal positions?
Huidrom, Raju; Kose, M. Ayhan; Lim, Jamus Jerome; … - 2019
The fiscal position can affect fiscal multipliers through two channels. Through the Ricardian channel, households reduce consumption in anticipation of future fiscal adjustments when fiscal stimulus is implemented from a weak fiscal position. Through the interest rate channel, fiscal stimulus...
Persistent link: https://www.econbiz.de/10012008266
Cover Image
Growing apart or moving together? : synchronization of informal and formal economy cycles
Elgin, Ceyhun; Kose, M. Ayhan; Ohnsorge, Franziska; Yu, Shu - 2021
Persistent link: https://www.econbiz.de/10012663891
Cover Image
Growing apart or moving together? : synchronization of informal and formal economy cycles
Elgin, Ceyhun; Kose, M. Ayhan; Ohnsorge, Franziska; Yu, Shu - 2021
Persistent link: https://www.econbiz.de/10013367936