Author/Editor: Ludvig Söderling.

Release Date:March, 2008

This paper analyzes the determinants of credit cyclicality. It constructs a financial development index and studies whether it affects the amplitude of impulse responses to shocks to output, terms of more...

Author/Editor: Ludvig Söderling, Ina Simonovska.

Release Date:March, 2008

We investigate sources of economic fluctuations in Chile during 1998-2007 within the framework of a standard neoclassical growth model with time-varying frictions (wedges). We analyze the relative more...

Author/Editor: Ludvig Söderling, Hanan Morsy, Martin Petri, Martin Hommes, Manal Fouad, Wojciech Maliszewski.

Release Date:January, 2007

Public debt in the Middle East increased during the mid-1990s mainly because of fiscal expansions. It decreased in recent years, thanks to high oil revenue, economic growth, some primary non-oil more...

Author/Editor: Ludvig Söderling, Domenico Fanizza.

Release Date:October, 2006

Many countries in the Middle East and North Africa (MENA) region have recently experienced surges in money growth that apparently have not generated significant inflationary pressures. Moreover, more...

Author/Editor: Ludvig Söderling.

Release Date:May, 2005

This paper analyzes export performance in the Middle East and North Africa (MENA) using a gravity model applied to panel data. It addresses two questions: (i) are there significant unexploited export more...

Author/Editor: Jean-Claude Berthélemy, Ludvig Söderling.

Release Date:August, 2002

This paper examines past African growth experience and attempts to simulate future ones. In addition to more commonly used determinants of total factor productivity, a measure of the effect of labor more...

Author/Editor: Ludvig Söderling.

Release Date:May, 2002

This paper studies the prospects for sustainable growth and economic development in Gabon, in the face of a severe decline in its main source of income and growth, i.e. oil. A simple Computable more...