Author/Editor: Maximilien Queyranne, Romain Lafarguette, Kubi Johnson.

Release Date:September, 2022

This paper investigates inflation risks for 12 Middle East and Central Asia countries, with an equal share of commodities exporters and importers. The empirical strategy leverages the recent more...

Author/Editor: Romain Lafarguette, Romain M Veyrune.

Release Date:February, 2021

This paper presents a rule for foreign exchange interventions (FXI), designed to preserve financial stability in floating exchange rate arrangements. The FXI rule addresses a market failure: the more...

Author/Editor: Ananthakrishnan Prasad, Selim Elekdag, Phakawa Jeasakul, Romain Lafarguette, Adrian Alter, Alan Xiaochen Feng, Changchun Wang.

Release Date:February, 2019

The growth-at-risk (GaR) framework links current macrofinancial conditions to the distribution of future growth. Its main strength is its ability to assess the entire distribution of future GDP more...

Author/Editor: Nicolas Arregui, Selim Elekdag, R G Gelos, Romain Lafarguette, Dulani Seneviratne.

Release Date:January, 2018

This paper examines the evolving importance of common global components underlying domestic financial conditions. It develops financial conditions indices (FCIs) that make it possible to compare a more...

Author/Editor: Barry J Eichengreen, Romain Lafarguette, Arnaud Mehl.

Release Date:April, 2017

We study the impact of technology on the reaction of financial markets to information, focusing on the foreign exchange market. We contrast the “thin-skinned” view that technological improvements more...