 | Structural Reform Packages, Sequencing, and the Informal Economy Author/Editor: Zsuzsa Munkacsi, Magnus Saxegaard. Release Date:May, 2017 This paper explores the macroeconomic impacts of labor and product market deregulation
using a small open-economy model with formal and informal markets. We examine both the
long-run more...
| Price: $18.00
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 | The Consequences of Policy Uncertainty : Disconnects and Dilutions in the South African Real Effective Exchange Rate-Export Relationship Author/Editor: Sandile Hlatshwayo, Magnus Saxegaard. Release Date:June, 2016 In recent years, the link between the real effective exchange rate (REER) and exports in South Africa has weakened. While exports still rise in response to REER depreciations, the REER-export more...
| Price: $18.00
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 | Safe Debt and Uncertainty in Emerging Markets: An Application to South Africa Author/Editor: Magnus Saxegaard. Release Date:December, 2014 This paper develops a methodology for estimating a safe public debt level that would allow countries to remain below a maximum sustainable debt limit, taking into account the impact of uncertainty. more...
| Price: $18.00
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 | Corporate and Household Debt Distress in Latvia : Strengthening the Incentives for a Market-Based Approach to Debt Resolution Author/Editor: Magnus Saxegaard, Michaela Erbenova, Yan Liu. Release Date:April, 2011 This paper reviews Latvia’s efforts to manage the increase in debt distress resulting from the unwinding of the 2000-07 credit boom and spillovers from the global financial crisis. The authorities more...
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 | An Estimated Model with Macrofinancial Linkages for India Author/Editor: Magnus Saxegaard, Rahul Anand, Shanaka J Peiris. Release Date:January, 2010 This paper develops a small open economy dynamic stochastic general-equilibrium model with macrofinancial linkages. The model includes a financial accelerator--entrepreneurs are assumed to partially more...
| Price: $18.00
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 | Measures of Underlying Inflation in Sri Lanka Author/Editor: Souvik Gupta, Magnus Saxegaard. Release Date:August, 2009 During the first half of 2008, Sri Lanka witnessed significantly higher inflation than most other emerging Asian countries. Inflation has since declined amid declining world commodity prices and more...
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 | An Estimated DSGE Model for Monetary Policy Analysis in Low-Income Countries Author/Editor: Shanaka J Peiris, Magnus Saxegaard. Release Date:December, 2007 This paper evaluates monetary policy-tradeoffs in low-income countries using a dynamic stochastic general equilibrium (DSGE) model estimated on data for Mozambique taking into account the sources of more...
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 | Estimation of Equilibrium Exchange Rates in the WAEMU : A Robustness Analysis Author/Editor: Magnus Saxegaard, Stéphane Roudet, Charalambos G Tsangarides. Release Date:August, 2007 Using the FEER approach we investigate the long-run equilibrium paths of the real effective exchange rates (REERs) of countries in the West African Economic and Monetary Union (WAEMU). In an attempt more...
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 | Excess Liquidity and Effectiveness of Monetary Policy : Evidence from Sub-Saharan Africa Author/Editor: Magnus Saxegaard. Release Date:May, 2006 This paper examines the pattern of excess liquidity in sub-Saharan Africa and its consequences for the effectiveness of monetary policy. The paper argues that understanding the consequences of excess more...
| Price: $15.00
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