 | Monetary Magic? How the Fed Improved the Flexibility of the U.S. Economy Author/Editor: Silvia Sgherri, Tamim Bayoumi. Release Date:February, 2004 Extending recent theoretical contributions on sources of inflation inertia, we argue that monetary uncertainty accounts for sluggish expectations adjustment to nominal disturbances. Estimating a more...
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| The Macroeconomic Impact of HIV/AIDS in Botswana Author/Editor: Silvia Sgherri, Maitland MacFarlan. Release Date:June, 2001 This paper provides an overview of the potential macroeconomic effects of HIV/AIDS in Botswana, focusing on the key channels through which the pandemic is likely to affect the economic outlook and on more...
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