 | Explaining Inflation in Colombia: A Disaggregated Phillips Curve Approach Author/Editor: Sergi Lanau, Adrian Robles, Frederik G Toscani. Release Date:May, 2018 We study inflation dynamics in Colombia using a bottom-up Phillips curve approach. This allows us to capture the different drivers of individual inflation components. We find that the Phillips curve more...
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| The Sectoral Effects of Real Depreciations in Latin America Author/Editor: Sergi Lanau. Release Date:November, 2017 This papers explores the effects of real exchange rate depreciations on growth across sectors,
identifying export, cost, and import-penetration channels. It tests the existence and more...
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| Potential Growth in Colombia Author/Editor: Sergi Lanau, Jorge Roldos, Jose Daniel Rodríguez-Delgado. Release Date:November, 2017 This paper uses a multivariate filter and a production function to project potential growth in
Colombia, modeling in detail the impact of low oil prices on investment. The framework also
more...
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| The Growth Return of Infrastructure in Latin America Author/Editor: Sergi Lanau. Release Date:February, 2017 This paper examines the effects of improvements in infrastrucutre on sectoral growth and
firm-level investment, focusing on six Latin American countries. Exploiting the
heterogeneity in more...
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| The Impact of Product Market Reforms on Firm Productivity in Italy Author/Editor: Sergi Lanau, Petia Topalova. Release Date:June, 2016 This paper examines the role of removing obstacles to competition in product markets in raising growth and productivity. Using firm-level data from Italy during 2003–13 and OECD measures of product more...
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| Steady as She Goes—Estimating Potential Output During Financial “Booms and Busts” Author/Editor: Helge Berger, Thomas Dowling, Sergi Lanau, Mico Mrkaic, Pau Rabanal, Marzie Taheri Sanjani. Release Date:November, 2015 Potential output—in the sense of the GDP level or path an economy can sustain over the
 medium term—is a crucial benchmark for policymakers. However, it is difficult to more...
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| Does Public Sector Inefficiency Constrain Firm Productivity : Evidence from Italian Provinces Author/Editor: Raffaela Giordano, Sergi Lanau, Pietro Tommasino, Petia Topalova. Release Date:July, 2015 This paper studies the effect of public sector efficiency on firm productivity using data from more than 400,000 firms across Italy’s provinces. Exploiting the large heterogeneity in the efficiency more...
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| Judicial System Reform in Italy - A Key to Growth Author/Editor: Gianluca Esposito, Sergi Lanau, Sebastiaan Pompe. Release Date:February, 2014 The inefficiency of the Italian judicial system has contributed to reduced investments, slow growth and a difficult business environment. The enforcement of civil and commercial claims suffers from more...
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 | Financial Regulation and the Current Account Author/Editor: Sergi Lanau, Tomasz Wieladek. Release Date:April, 2012 This paper examines the relationship between financial regulation and the current account in an intertemporal model of the current account where financial regulation affects the current account more...
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