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Welfare vs. Income Convergence and Environmental Externalities

Author/Editor: Geoffrey J Bannister, Alex Mourmouras.

Release Date:December, 2017

We present estimates of welfare by country for 2007 and 2014 using the methodology of Jones and Klenow (2016) which incorporates consumption, leisure, mortality and inequality, and we more...



Price: $18.00
ASEAN Financial Integration

Author/Editor: Geert Almekinders, Alex Mourmouras, Jianping Zhou, Satoshi Fukuda, Yong Sarah Zhou.

Release Date:February, 2015

The establishment of the ASEAN Economic Community (AEC) at end-2015 has brought into sharp focus the issue of financial and economic integration in the region. This paper takes stock of ASEAN’s more...



Price: $18.00
Fiscal Policy and Economic Development

Author/Editor: Alex Mourmouras, Peter Rangazas.

Release Date:June, 2008

This paper offers possible explanations for three generally observed facts about fiscal policy and development: (F1) The relative size of government increases as an economy develops, (F2) The rise in more...



Price: $18.00
Overcoming Barriers to Reform : On Incentive-Compatible International Assistance

Author/Editor: Wolfgang Mayer, Alex Mourmouras.

Release Date:September, 2007

International financial assistance (loans and grants) can potentially raise recipients' welfare in two ways, by affecting a direct resource transfer and by facilitating efficiency-enhancing reforms. more...



Price: $18.00
Wage Gaps and Development : Lessons from U.S. History

Author/Editor: Alex Mourmouras, Peter Rangazas.

Release Date:May, 2007

During the course of development, wages and labor productivity are much higher in the nonfarm sectors of the economy than in agriculture. In this paper, we examine the sources and consequences of more...



Price: $18.00
The Macroeconomic Management of Foreign Aid : Opportunities and Pitfalls

Author/Editor: Boriana Yontcheva, Peter Isard, Leslie Lipschitz, Alex Mourmouras.

Release Date:April, 2006

Relatively slow progress toward meeting the Millennium Development Goals (MDGs) by their 2015 target date has added urgency to the challenge of reducing global poverty. The authors of this new more...



Price: $28.00
Foreign Aid Policy and Sources of Poverty : A Quantitative Framework

Author/Editor: Alex Mourmouras, Peter Rangazas.

Release Date:January, 2006

The econometric literature has been unable to establish a robust association between foreign aid and growth and poverty reduction. In this paper we argue that aid effectiveness must be assessed using more...



Price: $15.00
On the Viability of Conditional Assistance Programs

Author/Editor: Wolfgang Mayer, Alex Mourmouras.

Release Date:June, 2005

Economic adjustment and reform programs, including those supported by international financial institutions (IFIs), must cope with informational asymmetries and special interest politics. This more...



Price: $15.00
Institutions, Program Implementation, and Macroeconomic Performance

Author/Editor: Saleh M Nsouli, Ruben Atoyan, Alex Mourmouras.

Release Date:September, 2004

This paper assesses empirically the links among a country's institutions and political environment, its implementation of IMF-supported programs, and macroeconomic performance in a sample of 197 more...



Price: $15.00
Conditional Lending Under Altruism

Author/Editor: Alex Mourmouras, Peter Rangazas.

Release Date:June, 2004

We analyze how the altruism of an international financial institution (IFI) towards its lowincome member countries (LICs) alters the effectiveness of its loans. We study IFI loans to a more...



Price: $15.00
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