 | The Slowdown in Global Trade: A Symptom of A Weak Recovery Author/Editor: Aqib Aslam, Emine Boz, Eugenio M Cerutti, Marcos Poplawski-Ribeiro, Petia Topalova. Release Date:November, 2017 Global trade growth has slowed since 2012 relative both to its strong historical performance and to overall economic growth. This paper aims to quantify the role of weak economic growth and changes more...
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 | The Impact of Product Market Reforms on Firm Productivity in Italy Author/Editor: Sergi Lanau, Petia Topalova. Release Date:June, 2016 This paper examines the role of removing obstacles to competition in product markets in raising growth and productivity. Using firm-level data from Italy during 2003–13 and OECD measures of product more...
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 | Individual Choice or Policies? Drivers of Female Employment in Europe Author/Editor: Lone Engbo Christiansen, Huidan Huidan Lin, Joana Pereira, Petia Topalova, Rima A Turk. Release Date:March, 2016 Female labor force participation has increased markedly in many European countries during the past decades. Nonetheless, participation rates remain low in some economies, and a significant gender gap more...
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 | Gender Diversity in Senior Positions and Firm Performance:Evidence from Europe Author/Editor: Lone Engbo Christiansen, Huidan Huidan Lin, Joana Pereira, Petia Topalova, Rima A Turk. Release Date:March, 2016 This paper examines the link between gender diversity in senior corporate positions and financial performance of 2 million companies in Europe. We document a positive association between corporate more...
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 | Unlocking Female Employment Potential in Europe:Drivers and Benefits Author/Editor: Lone Engbo Christiansen, Huidan Huidan Lin, Joana Pereira, Petia Topalova, Rima A Turk. Release Date:March, 2016 With an aging population and declining productivity growth, Europe faces serious challenges to raising its output growth. Adding to these challenges are the various gender gaps in the labor market. more...
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 | The Refugee Surge in Europe : Economic Challenges Author/Editor: Shekhar Aiyar, Bergljot B Barkbu, Nicoletta Batini, Helge Berger, Enrica Detragiache, Allan Dizioli, Christian H Ebeke, Huidan Huidan Lin, Linda Kaltani, Sebastian Sosa, Antonio Spilimbergo, Petia Topalova. Release Date:January, 2016 Against the background of political turmoil in the Middle-East, Europe faces an unprecedented surge in asylum applications. In analyzing the economic impact of this inflow, this paper draws from the more...
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 | Does Public Sector Inefficiency Constrain Firm Productivity : Evidence from Italian Provinces Author/Editor: Raffaela Giordano, Sergi Lanau, Pietro Tommasino, Petia Topalova. Release Date:July, 2015 This paper studies the effect of public sector efficiency on firm productivity using data from more than 400,000 firms across Italy’s provinces. Exploiting the large heterogeneity in the efficiency more...
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 | The Macroeconomic Effects of Public Investment : Evidence from Advanced Economies Author/Editor: Abdul Abiad, Davide Furceri, Petia Topalova. Release Date:May, 2015 This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government more...
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 | Capital Flows are Fickle: Anytime, Anywhere Author/Editor: John C Bluedorn, Rupa Duttagupta, Jaime Guajardo, Petia Topalova. Release Date:August, 2013 Has the unprecedented financial globalization of recent years changed the behavior of capital flows across countries? Using a newly constructed database of gross and net capital flows since 1980 for more...
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 | The Rising Resilience of Emerging Market and Developing Economies Author/Editor: Abdul Abiad, John C Bluedorn, Jaime Guajardo, Petia Topalova. Release Date:December, 2012 Economic performance in many emerging market and developing economies (EMDEs) improved substantially over the past twenty years. The past decade was particularly good—for the first time EMDEs spent more...
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