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How Do Transaction Costs Influence Remittances

Author/Editor: Kangni R Kpodar, Patrick A Imam.

Release Date:November, 2022

Using a new quarterly panel database on remittances (71 countries over the period 2011Q1- 2020Q4), this paper investigates the elasticity of remittances to transaction costs in a high frequency and more...



Price: $20.00
What Explains Remittance Fees? Panel Evidence

Author/Editor: Thorsten Beck, Mathilde Janfils, Kangni R Kpodar.

Release Date:April, 2022

This paper uses data across 365 corridors to document time and country variation in remittance fees and explore factors predicting variation in remittance fees. We document a general reduction in more...



Price: $5.00
Loss-of-Learning and the Post-Covid Recovery in Low-Income Countries

Author/Editor: Edward F Buffie, Christopher S Adam, Luis-Felipe Zanna, Kangni R Kpodar.

Release Date:February, 2022

We analyze the medium-term macroeconomic impact of the Covid-19 pandemic and associated lock-down measures on low-income countries. We focus on the impact over the medium-run of the degradation of more...



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The Distributional Implications of the Impact of Fuel Price Increases on Inflation

Author/Editor: Kangni R Kpodar, Boya Liu.

Release Date:November, 2021

This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine more...



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Defying the Odds: Remittances During the COVID-19 Pandemic

Author/Editor: Kangni R Kpodar, Montfort Mlachila, Saad N Quayyum, Vigninou Gammadigbe.

Release Date:July, 2021

This paper provides an early assessment of the dynamics and drivers of remittances during the COVID-19 pandemic, using a newly compiled monthly remittance dataset for a sample of 52 countries, of more...



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Macroeconomic Research in Low-income Countries:Advances Made in Five Key Areas Through a DFID-IMF Collaboration

Author/Editor: Hites Ahir, Hendre Garbers, Mattia Coppo, Giovanni Melina, Futoshi Narita, Filiz D Unsal, Vivian Malta, Xin Tang, Daniel Gurara, Luis-Felipe Zanna, Linda G Venable, Kangni R Kpodar, Chris Papageorgiou.

Release Date:March, 2021

Despite strong economic growth since 2000, many low-income countries (LICs) still face numerous macroeconomic challenges, even prior to the COVID-19 pandemic. Despite the deceleration in real GDP more...



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To Pass (or Not to Pass) Through International Fuel Price Changes to Domestic Fuel Prices in Developing Countries: What Are the Drivers?

Author/Editor: Kangni R Kpodar, Patrick A Imam.

Release Date:September, 2020

While many developing countries limit the international fuel price pass through to domestic fuel prices, others do not. Against this backdrop, we examine the factors that determine whether more...



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Debt, Investment, and Growth in Developing Countries with Segmented Labor Markets

Author/Editor: Edward F Buffie, Luis-Felipe Zanna, Christopher S Adam, Lacina Balma, Dawit Tessema, Kangni R Kpodar.

Release Date:June, 2020

We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG) model widely used at the IMF since 2012. The new DIG-Labor models feature segmented more...



Price: $18.00
How Large and Persistent is the Response of Inflation to Changes in Retail Energy Prices?

Author/Editor: Chadi Abdallah, Kangni R Kpodar.

Release Date:June, 2020

We estimate the dynamic effects of changes in retail energy prices on inflation using a novel monthly database, covering 110 countries over 2000:M1 to 2016:M6. We find that (i) inflation responds more...



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On the Capacity to Absorb Public Investment: How Much is Too Much?

Author/Editor: Daniel Gurara, Kangni R Kpodar, Andrea F Presbitero, Dawit Tessema.

Release Date:February, 2020

While expanding public investment can help filling infrastructure bottlenecks, scaling up too much and too fast often leads to inefficient outcomes. This paper rationalizes this outcome looking at more...



Price: $18.00
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