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Initial Output Losses from the Covid-19 Pandemic: Robust Determinants

Author/Editor: Davide Furceri, Michael Ganslmeier, Jonathan David Ostry, Naihan Yang.

Release Date:January, 2021

While the COVID-19 pandemic is affecting all countries, output losses vary considerably across countries. We provide a first analysis of robust determinants of observed initial output losses using more...



Price: $18.00
The Economic Effects of COVID-19 Containment Measures

Author/Editor: Pragyan Deb, Davide Furceri, Jonathan David Ostry, Nour Tawk.

Release Date:August, 2020

Containment measures are crucial to halt the spread of the 2019 COVID-19 pandemic but entail large short-term economic costs. This paper tries to quantify these effects using daily global data on more...



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The Effect of Containment Measures on the COVID-19 Pandemic

Author/Editor: Pragyan Deb, Davide Furceri, Jonathan David Ostry, Nour Tawk.

Release Date:August, 2020

Countries have implemented several containment measures to halt the spread of the 2019 coronavirus disease, but it remains unclear the extent to which these unprecedented measures have been more...



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The Political Costs of Reforms : Fear or Reality?

Author/Editor: Davide Furceri, Jun Ge, Jonathan David Ostry, Chris Papageorgiou, Gabriele Ciminelli.

Release Date:October, 2019

Many countries are experiencing persistent, weak medium-term growth and limited fiscal space. Against this background, economic policy agendas—in both advanced and developing economies—are more...



Price: $10.00
Macroeconomic Consequences of Tariffs

Author/Editor: Davide Furceri, Swarnali Ahmed Hannan, Jonathan David Ostry, Andrew K Rose.

Release Date:January, 2019

We study the macroeconomic consequences of tariffs. We estimate impulse response functions from local projections using a panel of annual data that spans 151 countries over 1963-2014. We find that more...



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Economic Gains From Gender Inclusion:New Mechanisms, New Evidence

Author/Editor: Jonathan David Ostry, Jorge A Alvarez, Raphael A Espinoza, Chris Papageorgiou.

Release Date:October, 2018

While progress has been made in increasing female labor force participation (FLFP) in the last 20 years, large gaps remain. The latest Fund research shows that improving gender diversity can result more...



Price: $20.00
The Aggregate and Distributional Effects of Financial Globalization: Evidence from Macro and Sectoral Data

Author/Editor: Davide Furceri, Prakash Loungani, Jonathan David Ostry.

Release Date:April, 2018

We take a fresh look at the aggregate and distributional effects of policies to liberalize international capital flows—financial globalization. Both country- and industry-level results suggest that more...



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Boosting Fiscal Space : The Roles of GDP-Linked Debt and Longer Maturities

Author/Editor: Jonathan David Ostry, Jun I Kim.

Release Date:March, 2018

Noting that the aftermath of the global financial crisis has left many advanced economies with very high sovereign debt ratios and some emerging markets with high debt, this report considers whether more...



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Growth-Equity Trade-offs in Structural Reforms

Author/Editor: Jonathan David Ostry, Andrew Berg, Siddharth Kothari.

Release Date:January, 2018

Do structural reforms that aim to boost potential output also change the distribution of income? We shed light on this question by looking at the broad patterns in the cross-country data covering more...



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Corporate Investment and the Real Exchange Rate

Author/Editor: Mai Chi Dao, Camelia Minoiu, Jonathan David Ostry.

Release Date:August, 2017

We examine the relationship between real exchange rate depreciations and indicators of firm performance using data for a sample of more than 30,000 firms from 66 (advanced and emerging market) more...



Price: $18.00
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