Author/Editor: Andrew Hodge, Anke Weber.

Release Date:March, 2023

Using flow of funds and high frequency data from the Investment Company Institute, we study the effects of monetary policy shocks on the size of non-bank assets as well as on flows into long-term more...

Author/Editor: Andrew Hodge, Zoltan Jakab, Jesper Lindé, Vina Nguyen.

Release Date:November, 2022

This paper employs a two-country New Keynesian DSGE model to assess the macroeconomic impact of the changes in monetary policy frameworks and the fiscal support in the U.S. and euro area during the more...

Author/Editor: Era Dabla-Norris, Ruud A de Mooij, Andrew Hodge, Jan Loeprick, Dinar Prihardini, Alpa Shah, Sebastian Beer, Sonja Davidovic, Arbind M Modi, Fan Qi.

Release Date:September, 2021

Digitalization in Asia is pervasive, unique, and growing. It stands out by its sheer scale, with internet users far exceeding numbers in other regions. This facilitates e-commerce in markets that are more...

Author/Editor: Svetlana Cerovic, Kerstin Gerling, Andrew Hodge, Paulo Medas.

Release Date:August, 2018

This paper identifies leading indicators of fiscal crises based on a large sample of countries at different stages of development over 1970-2015. Our results are robust to different methodologies and more...

Author/Editor: Anja Baum, Andrew Hodge, Aiko Mineshima, Marialuz Moreno Badia, Rene Tapsoba.

Release Date:May, 2017

According to U.N. estimates, low-income countries will have to increase their annual public spending by up to 30 percent of GDP to achieve the Sustainable Development Goals (SDGs), more...

Author/Editor: Andrew Hodge.

Release Date:July, 2016

This paper studies the impact on growth, welfare, and government debt of fiscal reform packages in a theoretical model drawing together three key features of the endogenous growth literature: (i) more...