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Equitable Access to Vaccines: Myth or Reality?

Author/Editor: Shushanik Hakobyan, Henry Rawlings, Jiaxiong Yao.

Release Date:December, 2022

Fighting the COVID-19 pandemic required vaccinations; however, ending it requires vaccination equality. The progress in vaccinations varies greatly across countries, with low- and middle-income more...



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How Persistent are Climate-Related Price Shocks? Implications for Monetary Policy

Author/Editor: Alain N Kabundi, Montfort Mlachila, Jiaxiong Yao.

Release Date:October, 2022

Climate change is likely to lead to more frequent and more severe supply and demand shocks that will present a challenge to monetary policy formulation. The main objective of the paper is to more...



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Measuring Quarterly Economic Growth from Outer Space

Author/Editor: Robert C M Beyer, Yingyao Hu, Jiaxiong Yao.

Release Date:June, 2022

This paper presents a novel framework to estimate the elasticity between nighttime lights and quarterly economic activity. The relationship is identified by accounting for varying degrees of more...



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Overcoming Data Sparsity: A Machine Learning Approach to Track the Real-Time Impact of COVID-19 in Sub-Saharan Africa

Author/Editor: Karim Barhoumi, Seung Mo Choi, Tara Iyer, Jiakun Li, Franck Ouattara, Andrew J Tiffin, Jiaxiong Yao.

Release Date:May, 2022

The COVID-19 crisis has had a tremendous economic impact for all countries. Yet, assessing the full impact of the crisis has been frequently hampered by the delayed publication of official GDP more...



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Structural Breaks in Carbon Emissions: A Machine Learning Analysis

Author/Editor: Jiaxiong Yao, Yunhui Zhao.

Release Date:January, 2022

To reach the global net-zero goal, the level of carbon emissions has to fall substantially at speed rarely seen in history, highlighting the need to identify structural breaks in carbon emission more...



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Electricity Consumption and Temperature: Evidence from Satellite Data

Author/Editor: Jiaxiong Yao.

Release Date:February, 2021

Past studies on the relationship between electricity consumption and temperature have primarily focused on individual countries. Many regions are understudied as a result of data constraint. This more...



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Illuminating Economic Growth

Author/Editor: Yingyao Hu, Jiaxiong Yao.

Release Date:April, 2019

This paper seeks to illuminate the uncertainty in official GDP per capita measures using auxiliary data. Using satellite-recorded nighttime lights as an additional measurement of true GDP per capita, more...



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Estimates of Potential Output and the Neutral Rate for the U.S. Economy

Author/Editor: Ali Alichi, Rania A Al-Mashat, Hayk Avetisyan, Jaromir Benes, Olivier Bizimana, Aram Butavyan, Robert Ford, Narek Ghazaryan, Vahagn Grigoryan, Mane Harutyunyan, Anahit Hovhannisyan, Edgar Hovhannisyan, Hayk Karapetyan, Mariam Kharaishvili, Douglas Laxton, Akaki Liqokeli, Karolina Matikyan, Gevorg Minasyan, Shalva Mkhatrishvili, Armen Nurbekyan, Andrei Orlov, Babken Pashinyan, Garik Petrosyan, Yekaterina Rezepina, Aleksandr Shirkhanyan, Tamta Sopromadze, Lusine Torosyan, Erik Vardanyan, Hou Wang, Jiaxiong Yao.

Release Date:July, 2018

Estimates of potential output and the neutral short-term interest rate play important roles in policy making. However, such estimates are associated with significant uncertainty and subject to more...



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A Central Fiscal Stabilization Capacity for the Euro Area

Author/Editor: Nathaniel G Arnold, Bergljot B Barkbu, H Elif Ture, Hou Wang, Jiaxiong Yao.

Release Date:March, 2018

This note outlines a concrete proposal for a euro area central fiscal capacity (CFC) that could help smooth both country-specific and common shocks. Specifically, it proposes a macroeconomic more...



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Multivariate Filter Estimation of Potential Output for the United States

Author/Editor: Ali Alichi, Olivier Bizimana, Douglas Laxton, Kadir Tanyeri, Hou Wang, Jiaxiong Yao, Fan Zhang.

Release Date:May, 2017

Estimates of potential output are an important component of a structured forecasting and policy analysis system. Using information on capacity utilization, this paper extends the multivariate filter more...



Price: $18.00
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