Author/Editor: Ali Alichi, Sang Chul Ryoo, Cheol Hong.

Release Date:January, 2012

Korea has been active in implementing targeted macroprudential policies to address specific financial stability concerns. In this paper, we develop a conceptual model that could serve as a building more...

Author/Editor: Kevin Clinton, Jihad Dagher, Ondrej Kamenik, Douglas Laxton, Ali Alichi, Marshall Mills.

Release Date:January, 2010

A model in which monetary policy pursues full-fledged inflation targeting adapts well to Ghana. Model features include: endogenous policy credibility; non-linearities in the inflation process; and a more...

Author/Editor: Ali Alichi, Rabah Arezki.

Release Date:May, 2009

The paper provides an alternative explanation for the resource curse based on the income effect resulting from high government current spending in resource rich economies. Using a simple life cycle more...

Author/Editor: Ali Alichi.

Release Date:June, 2008

This paper develops and empirically tests a political economy model of sovereign debt. The main incentive for repaying sovereign debt is to maintain access to international capital markets. However, more...