 | Digital Payment Innovations in Sub-Saharan Africa Release Date:June, 2025 This paper takes stock of developments and policy issues related to digital payments innovations across sub-Saharan African (SSA), including central bank digital currency (CBDC), fast payments more...
| Price: $20.00
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 | Weighted Median Inflation Around the World: A Measure of Core Inflation Author/Editor: Laurence M Ball, Carlos Carvalho, Christopher Evans, Luca A Ricci. Release Date:February, 2023 The standard measure of core or underlying inflation is the inflation rate excluding food and energy prices. This paper constructs an alternative measure, the weighted median inflation rate, for 38 more...
| Price: $20.00
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| Understanding Chile's Social Unrest in an International Perspective Author/Editor: Metodij Hadzi-Vaskov, Luca A Ricci. Release Date:June, 2021 We aim to provide a broad descriptive overview of Chile's social issues, in comparison to other countries and over time, in order to place the recent social unrest in historical and international more...
| Price: $18.00
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| Authorities' Fiscal Forecasts in Latin America: Are They Optimistic? Author/Editor: Metodij Hadzi-Vaskov, Luca A Ricci, Alejandro M Werner, Rene Zamarripa. Release Date:June, 2021 Do governments in Latin America tend to be optimistic when preparing budgetary projections? We address this question by constructing a novel dataset of the authorities' fiscal forecasts in six Latin more...
| Price: $18.00
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| The Macroeconomic Impact of Social Unrest Author/Editor: Metodij Hadzi-Vaskov, Samuel Pienknagura, Luca A Ricci. Release Date:May, 2021 This paper explores the macroeconomic impact of social unrest, using a novel index based on news reports. The findings are threefold. First, unrest has an adverse effect on economic activity, with more...
| Price: $18.00
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| Patterns in IMF Growth Forecast Revisions: A Panel Study at Multiple Horizons Author/Editor: Metodij Hadzi-Vaskov, Luca A Ricci, Alejandro Mariano Werner, Rene Zamarripa. Release Date:May, 2021 This paper investigates the performance of the IMF WEO growth forecast revisions across different horizons and country groups. We find that: (i) growth revisions in horizons closer to the actual are more...
| Price: $18.00
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| Fiscal Policy Challenges for Latin America during the Next Stages of the Pandemic: The Need for a Fiscal Pact Author/Editor: Mauricio Cardenas, Luca A Ricci, Jorge Roldos, Alejandro M Werner. Release Date:March, 2021 The fiscal policy response to the COVID-19 shock in most LAC countries was much larger than during the GFC, suggesting fiscal space was not as tight as expected. We argue that it is feasible and more...
| Price: $18.00
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| The Sources of Fiscal Fluctuations Author/Editor: Antoine Levy, Luca A Ricci, Alejandro M Werner. Release Date:October, 2020 This paper assesses the dynamic impact of global macroeconomic conditions, commodity price movements, shifts in portfolio preferences, and domestic shocks on fiscal outcomes—notably the budget more...
| Price: $18.00
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| Comfort in Floating: Taking Stock of Twenty Years of Freely-Floating Exchange Rate in Chile Author/Editor: Elías Albagli, Mauricio Calani, Metodij Hadzi-Vaskov, Mario Marcel, Luca A Ricci. Release Date:June, 2020 Chile offers an example of a country that has overcome the fear of floating by reducing balance sheet mismatches, enhancing financial market development, as well as improving monetary, fiscal, and more...
| Price: $5.00
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| The Level REER model in the External Balance Assessment (EBA) Methodology Author/Editor: Rui Mano, Carolina Osorio Buitron, Luca A Ricci, Mauricio Vargas. Release Date:September, 2019 This paper offers an empirical model of the drivers of the level of the Real Effective Exchange Rate (REER) that is now part of the IMF’s methodology for the assessment of external positions, more...
| Price: $18.00
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