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What Shapes Current Account Adjustment During Recessions?

Author/Editor: Christina Kolerus.

Release Date:July, 2021

This paper studies the dynamics of external accounts during 278 economic recession events in the past 60 years and sheds light on key factors that shape these patterns. Economic recessions trigger more...



Price: $5.00
China's Footprint in Global Commodity Markets

Author/Editor: Christina Kolerus, Papa M N'Diaye, Christian Saborowski.

Release Date:September, 2016

This note assesses empirically the role Chinese activity plays in global commodities markets, showing that the strength of China’s economic activity has a significant bearing on commodity prices, more...



Price: $4.99
Shifting the Beveridge Curve : What Affects Labor Market Matching?

Author/Editor: Elva Bova, João Tovar Jalles, Christina Kolerus.

Release Date:April, 2016

This paper explores conditions and policies that could affect the matching between labor demand and supply. We identify shifts in the Beveridge curves for 12 OECD countries between 2000Q1 and 2013Q4 more...



Price: $18.00
Shifting the Beveridge Curve : What Affects Labor Market Matching?

Author/Editor: Elva Bova, João Tovar Jalles, Christina Kolerus.

Release Date:April, 2016

This paper explores conditions and policies that could affect the matching between labor demand and supply. We identify shifts in the Beveridge curves for 12 OECD countries between 2000Q1 and 2013Q4 more...



Price: $0.00
Global Monetary Tightening: Emerging Markets Debt Dynamics and Fiscal Crises

Author/Editor: Julio Escolano, Christina Kolerus, Constant Lonkeng Ngouana.

Release Date:December, 2014

This paper finds that tightening global financial conditions can worsen emerging economies’ public debt dynamics through an increasing interest rate-growth differential, particularly if coupled more...



Price: $18.00
A Fiscal Job? An Analysis of Fiscal Policy and the Labor Market

Author/Editor: Elva Bova, Christina Kolerus, Sampawende J.-A. Tapsoba.

Release Date:December, 2014

This paper examines the impact of fiscal policy on employment through the lenses of Okun’sLaw. Looking at the panel of OECD countries over the past three decades, we find that fiscalpolicy can more...



Price: $18.00
Responding to Shocks and Maintaining Stability in the West African Economic and Monetary Union

Author/Editor: Christina Kolerus, Aleksandra Zdzienicka, Ermal Hitaj, Douglas J Shapiro.

Release Date:October, 2013

The West African Economic and Monetary Union (WAEMU), like other monetary unions, faces a number of challenges in dealing with macroeconomic shocks. The region experiences a large number of exogenous more...



Price: $20.00
Senegal : Financial Depth and Macrostability

Author/Editor: Patrick A Imam, Christina Kolerus.

Release Date:October, 2013

This enhanced review of Senegal’s financial sector is one of several pilot reviews called for by the Executive Board in May 2012. The purpose of the reviews is to go beyond the traditional more...



Price: $20.00
West African Economic and Monetary Union : Financial Depth and Macrostability

Author/Editor: Patrick A Imam, Christina Kolerus.

Release Date:October, 2013

The financial system in the WAEMU remains largely bank-based. The banking sector comprises 106 banks and 13 financial institutions, which together hold more than 90 percent of the financial more...



Price: $20.00