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An Evaluation of World Economic Outlook Growth Forecasts, 2004–17

Author/Editor: Oya Celasun, Jungjin Lee, Mico Mrkaic, Allan Timmermann.

Release Date:August, 2021

This paper examines the performance of World Economic Outlook (WEO) growth forecasts for 2004-17. Short-term real GDP growth forecasts over that period exhibit little bias, and their accuracy is more...



Price: $5.00
U.S. Healthcare: A Story of Rising Market Power, Barriers to Entry, and Supply Constraints

Author/Editor: Li Lin, Mico Mrkaic, Anke Weber.

Release Date:July, 2021

Healthcare in the United States is the most expensive in the world, with real per capita spending growth averaging 4 percent since 1980. This paper examines the role of market power of U.S. more...



Price: $5.00
License to Spill: How Do We Discuss Spillovers in Article IV Staff Reports

Author/Editor: Jelle Barkema, Borislava Mircheva, Mico Mrkaic, Yuanchen Yang.

Release Date:May, 2021



Price: $18.00
What Do We Talk About When We Talk About Output Gaps?

Author/Editor: Jelle Barkema, Tryggvi Gudmundsson, Mico Mrkaic.

Release Date:November, 2020

Estimates of output gaps continue to play a key role in assessments of the stance of business cycles. This paper uses three approaches to examine the historical record of output gap measurements and more...



Price: $18.00
Do FX Interventions Lead to Higher FX Debt? Evidence from Firm-Level Data

Author/Editor: Minsuk Kim, Rui Mano, Mico Mrkaic.

Release Date:September, 2020

Central banks often buy or sell reserves-–-so called FX interventions (FXIs)---to dampen sharp exchange rate movements caused by volatile capital flows. At the same time, these interventions may more...



Price: $18.00
Weather Shocks and Output in Low-Income Countries: The Role of Policies and Adaptation

Author/Editor: Sebastian Acevedo Mejia, Claudio Baccianti, Mico Mrkaic, Natalija Novta, Evgenia Pugacheva, Petia Topalova.

Release Date:August, 2019

We explore the extent to which macroeconomic policies, structural policies, and institutions can mitigate the negative relationship between temperature shocks and output in countries with warm more...



Price: $18.00
The Global Economic Recovery 10 Years After the 2008 Financial Crisis

Author/Editor: Wenjie Chen, Mico Mrkaic, Malhar S Nabar.

Release Date:April, 2019

This paper takes stock of the global economic recovery a decade after the 2008 financial crisis. Output losses after the crisis appear to be persistent, irrespective of whether a country suffered a more...



Price: $18.00
The Effects of Weather Shocks on Economic Activity: What are the Channels of Impact?

Author/Editor: Sebastian Acevedo Mejia, Mico Mrkaic, Natalija Novta, Evgenia Pugacheva, Petia Topalova.

Release Date:June, 2018

Global temperatures have increased at an unprecedented pace in the past 40 years. This paper finds that increases in temperature have uneven macroeconomic effects, with adverse consequences more...



Price: $18.00
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...



Price: $18.00
SMEs' Access to Finance in the Euro Area: What Helps or Hampers?

Author/Editor: Bahar Özt

Release Date:WP.jpg



Price: Paperback
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