 | Identifying Service Market Reform Priorities in Italy Author/Editor: Nazim Belhocine, Daniel Garcia-Macia. Release Date:February, 2020 Italy’s labor productivity in market services has declined since 2000, underperforming manufacturing and peer European countries, especially in strongly regulated sectors. A model of monopolistic more...
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| Lessons from Two Public Sector Reforms in Italy Author/Editor: Nazim Belhocine, La-Bhus Fah Jirasavetakul. Release Date:February, 2020 The reform of the Italian public administration has been a priority for at least two decades, with several major initiatives undertaken toward modernization and simplification. Notwithstanding more...
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| The Insolvency Regime for Large Enterprises in Italy: An Economic and Legal Assessment Author/Editor: Nazim Belhocine, Daniel Garcia-Macia, José Garrido. Release Date:September, 2018 The modernization of Italy’s insolvency framework has been the subject of much interest in recent years, related not least to its role in potentially facilitating an efficient allocation of more...
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 | Taking Stock of Monetary and Exchange Rate Regimes in Emerging Europe Author/Editor: Nazim Belhocine, Ernesto Crivelli, Nan Geng, Tiberiu Scutaru, Johannes Wiegand, Zaijin Zhan. Release Date:November, 2016 The demands on monetary and exchange rate regimes in CESEE have evolved, in line with the region’s development. In the 1990s, the immediate challenge was to rein in excessive inflation following more...
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| The Impact of Debt Sustainability and the Level of Debt on Emerging Markets Spreads Author/Editor: Nazim Belhocine, Salvatore Dell'Erba. Release Date:May, 2013 How do financial markets respond to concerns over debt sustainability and the level of public debt in emerging markets? We introduce a measure of debt sustainability – the difference between the more...
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| Assessing Fiscal Stress Author/Editor: Gabriela Dobrescu, Iva Petrova, Nazim Belhocine, Emanuele Baldacci. Release Date:May, 2011 This paper develops a new index which provides early warning signals of fiscal sustainability problems for advanced and emerging economies. Unlike previous studies, the index assesses the more...
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| The Embodiment of Intangible Investment Goods : a Q-Theory Approach Author/Editor: Nazim Belhocine. Release Date:April, 2010 This paper extends the q-theory of investment to model explicitly the decision of firms to invest in intangibles and measures the contribution of intangible goods to the overall capital stock in the more...
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| Treating Intangible Inputs as Investment Goods : The Impact on Canadian GDP Author/Editor: Nazim Belhocine. Release Date:November, 2009 This paper constructs a data set to document firms' expenditures on an identifiable list of intangible items and examines the implications of treating intangible spending as an acquisition of final more...
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| The Stock of Intangible Capital in Canada : Evidence from the Aggregate Value of Securities Author/Editor: Nazim Belhocine. Release Date:November, 2009 This paper measures the size of the stock of intangible capital in Canada using newly released data on the market value of all securities in the economy. The approach taken relies on a quantitative more...
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