 | 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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|  | A Conceptual Model for the Integrated Policy Framework Author/Editor: Suman S Basu, Emine Boz, Gita Gopinath, Francisco Roch, Filiz D Unsal. Release Date:July, 2020 In the Mundell-Fleming framework, standard monetary policy and exchange rate flexibility fully insulate economies from shocks. However, that framework abstracts from many real world imperfections, more...
| Price: $18.00
| | Macroprudential Policy, Incomplete Information and Inequality : The case of Low-Income and Developing Countries Author/Editor: Margarita Rubio, Filiz D Unsal. Release Date:March, 2017 In this paper, we use a DSGE model to study the passive and time-varying implementation of
macroprudential policy when policymakers have noisy and lagged data, as commonly observed in more...
| Price: $18.00
| | Financial Inclusion : Zooming in on Latin America Author/Editor: Era Dabla-Norris, Yixi Deng, Anna Ivanova, Izabela Karpowicz, Filiz Unsal, Eva VanLeemput, Joyce Wong. Release Date:September, 2015 Countries in Latin America and the Caribbean (LAC) have made important strides in promoting financial inclusion of firms and households. However, while the region is broadly at par with its peers on more...
| Price: $18.00
| | On the Drivers of Inflation in Sub-Saharan Africa Author/Editor: Anh D. M. Nguyen, Jemma Dridi, Filiz Unsal, Oral Williams. Release Date:August, 2015 The perception that inflation dynamics in Sub-Saharan Africa (SSA) are driven by supply shocks
implies a limited role for monetary policy in influencing inflation in the short run. SSA’s more...
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| | Identifying Constraints to Financial Inclusion and Their Impact on GDP and Inequality : A Structural Framework for Policy Author/Editor: Era Dabla-Norris, Yan Ji, Robert Townsend, Filiz D Unsal. Release Date:January, 2015 We develop a micro-founded general equilibrium model with heterogeneous agents to identify pertinent constraints to financial inclusion. We evaluate quantitatively the policy impacts of relaxing each more...
| Price: $18.00
| | Taxing Fossil Fuels under Speculative Storage Author/Editor: Semih Tumen, Deren Unalmis, Ibrahim Unalmis, Filiz Unsal. Release Date:December, 2014 This paper investigates the mechanisms through which environmental taxes on fossil fuelusage can affect the main macroeconomic variables in the short-run. We concentrate on aparticular mechanism: more...
| Price: $18.00
| | On the use of Monetary and Macroprudential Policies for Small Open Economies Author/Editor: F. Gulcin Ozkan, Filiz Unsal. Release Date:June, 2014 We explore optimal monetary and macroprudential policy rules for a small open economy. Delegating 'lean against the wind' squarely to macroprudential policy provides a more robust policy mix to shock more...
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| | The External Balance Assessment (EBA) Methodology Author/Editor: Steven Phillips, Luis Catão, Luca Antonio Ricci, Rudolfs Bems, Mitali Das, Julian Di Giovanni, Filiz Unsal, Marola Castillo, Jungjin Lee, Jair Rodriguez, Mauricio Vargas. Release Date:January, 2014 The External Balance Assessment (EBA) methodology has been developed by the IMF’s Research Department as a successor to the CGER methodology for assessing current accounts and exchange rates in a more...
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| | The External Balance Assessment (EBA) Methodology Author/Editor: Steven Phillips, Luis Catão, Luca Antonio Ricci, Rudolfs Bems, Mitali Das, Julian Di Giovanni, Filiz Unsal, Marola Castillo, Jungjin Lee, Jair Rodriguez, Mauricio Vargas. Release Date:December, 2013 The External Balance Assessment (EBA) methodology has been developed by the IMF’s Research Department as a successor to the CGER methodology for assessing current accounts and exchange rates in a more...
| Price: $18.00
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