 | Natural Gas in Europe: The Potential Impact of Disruptions to Supply Author/Editor: Gabriel Di Bella, Mark J Flanagan, Karim Foda, Svitlana Maslova, Alex Pienkowski, Martin Stuermer, Frederik G Toscani. Release Date:July, 2022 This paper analyzes the implications of disruptions in Russian gas for Europe's balances and economic output. Alternative sources could replace up to 70 percent of Russian gas, allowing Europe to more...
| Price: $20.00
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 | Infrastructure in Central, Eastern, and Southeastern Europe : Benchmarking, Macroeconomic Impact, and Policy Issues Author/Editor: Anil Ari, David Bartolini, Vizhdan Boranova, Gabriel Di Bella, Kamil Dybczak, Keiko Honjo, Raju Huidrom, Andreas Jobst, Nemanja Jovanovic, Ezgi O Ozturk, Laura Papi, Sergio Sola, Michelle Stone, Petia Topalova. Release Date:September, 2020 CESEE countries lag in terms of infrastructure compared to the EU15, and deficient infrastructure is often cited as a constraint to growth and convergence. Investing in infrastructure is therefore an more...
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 | It is Only Natural: Europe's Low Interest Rates Author/Editor: Marco Arena, Gabriel Di Bella, Alfredo Cuevas, Borja Gracia, Vina Nguyen, Alex Pienkowski. Release Date:July, 2020 Estimates of the natural interest rate are often useful in the analysis of monetary and other macroeconomic policies. The topic gathered much attention following the great financial crisis and the more...
| Price: $18.00
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 | Is Unemployment on Steroids in Advanced Economies? Author/Editor: Gabriel Di Bella, Francesco Grigoli, Francisco Ramirez. Release Date:July, 2018 Despite conventional macroeconomic theory is based on the idea that demand shocks can only have temporary effects on unemployment, several European economies display highly persistent unemployment more...
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 | Optimism, Pessimism, and Short-Term Fluctuations Author/Editor: Gabriel Di Bella, Francesco Grigoli. Release Date:January, 2018 Economic theory offers several explanations as to why shifting expectations about future economic activity affect current demand. Abstracting from whether changes in expectations originate from more...
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 | Fiscal Federalism and Regional Performance Author/Editor: Gabriel Di Bella, Oksana Dynnikova, Francesco Grigoli. Release Date:November, 2017 Sound regional policies are essential for balanced and sustained economic growth. The
interaction of federal and regional policies with cross-regional structural differences affect human and more...
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 | Inequality and Growth : A Heterogeneous Approach Author/Editor: Francesco Grigoli, Evelio Paredes, Gabriel Di Bella. Release Date:December, 2016 The combination of stagnant growth and high levels of income inequality renewed the debate about whether a more even distribution of income can spur economic activity. This paper tests for more...
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 | Power It Up : Strengthening the Electricity Sector to Improve Efficiency and Support Economic Activity Author/Editor: Gabriel Di Bella, Francesco Grigoli. Release Date:April, 2016 Poor performance of the electricity sector remains a drag to economic efficiency and a bottleneck to economic activity in many low-income countries. This paper proposes a number of models that more...
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 | Output Gap Uncertainty and Real-Time Monetary Policy Author/Editor: Francesco Grigoli, Alexander Herman, Andrew J Swiston, Gabriel Di Bella. Release Date:January, 2015 Output gap estimates are subject to a wide range of uncertainty owing to data revisions and the difficulty in distinguishing between cycle and trend in real time. This is important given the central more...
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 | A Stochastic Framework for Public Debt Sustainability Analysis Author/Editor: Gabriel Di Bella. Release Date:March, 2008 This paper proposes a framework for public debt sustainability analysis (DSA) that is complementary to that generally used by IFIs. The DSA in this paper has three components: (i) an integrated and more...
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