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Shipping Costs and Inflation

Author/Editor: Yan Carriere-Swallow, Pragyan Deb, Davide Furceri, Daniel Jimenez, Jonathan David Ostry.

Release Date:March, 2022

The Covid-19 pandemic has disrupted global supply chains, leading to shipment delays and soaring shipping costs. We study the impact of shocks to global shipping costs—measured by the Baltic Dry more...



Price: $20.00
Macrofinancial Causes of Optimism in Growth Forecasts

Author/Editor: Yan Carriere-Swallow, José Marzluf.

Release Date:November, 2021

We analyze the causes of the apparent bias towards optimism in growth forecasts underpinning the design of IMF-supported programs, which has been documented in the literature. We find that financial more...



Price: $5.00
Toward a Global Approach to Data in the Digital Age

Author/Editor: Vikram Haksar, Yan Carriere-Swallow, Emran Islam, Andrew Giddings, Kathleen Kao, Emanuel Kopp, Gabriel Quiros.

Release Date:October, 2021

The ongoing economic and financial digitalization is making individual data a key input and source of value for companies across sectors, from bigtechs and pharmaceuticals to manufacturers and more...



Price: $5.00
India's Approach to Open Banking: Some Implications for Financial Inclusion

Author/Editor: Yan Carriere-Swallow, Vikram Haksar, Manasa Patnam.

Release Date:February, 2021

We examine how the development of the digital infrastructure known as the “India Stack”—including an interoperable payments system, a universal digital ID, and other features—is delivering on more...



Price: $18.00
The Economics and Implications of Data : An Integrated Perspective

Author/Editor: Yan Carriere-Swallow, Vikram Haksar.

Release Date:September, 2019

This SPR Departmental Paper will provide policymakers with a framework for studying changes to national data policy frameworks. more...



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No Pain, All Gain? Exchange Rate Flexibility and the Expenditure-Switching Effect

Author/Editor: Yan Carriere-Swallow, Nicolas E Magud, Juan Yepez.

Release Date:September, 2018

Theoretical models on the relationship between prices and exchange rates predict that the magnitude of expenditure switching affects the optimal choice of exchange rate regime. Focusing on the more...



Price: $18.00
The Macroeconomic Effects of Fiscal Consolidation in Emerging Economies: Evidence from Latin America

Author/Editor: Yan Carriere-Swallow, Antonio David, Daniel Leigh.

Release Date:June, 2018

We estimate the short-term effects of fiscal consolidation on economic activity in 14 countries in Latin America and the Caribbean. We examine contemporaneous policy documents to identify changes in more...



Price: $18.00
Disagreement about Future Inflation: Understanding the Benefits of Inflation Targeting and Transparency

Author/Editor: Steve Brito, Yan Carriere-Swallow, Bertrand Gruss.

Release Date:January, 2018

We estimate the determinants of disagreement about future inflation in a large and diverse sample of countries, focusing on the role of monetary policy frameworks. We offer novel insights more...



Price: $18.00
Monetary Policy Credibility and Exchange Rate Pass-Through

Author/Editor: Yan Carriere-Swallow, Bertrand Gruss, Nicolas E Magud, Fabian Valencia.

Release Date:December, 2016

A long-standing conjecture in macroeconomics is that recent declines in exchange rate pass-through are in part due to improved monetary policy performance. In a large sample of emerging and advanced more...



Price: $18.00
Challenges for Central Banking : Perspectives from Latin America

Author/Editor: Luis I Jacome H, Yan Carriere-Swallow, Hamid Faruqee, Krishna Srinivasan.

Release Date:October, 2016

In the wake of the 2008–09 global financial crisis, central banking and monetary policy in many corners of the world came under intense pressure and entered unchartered waters. The breadth and more...



Price: $30.00
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