Author/Editor: Oya Celasun, Niels-Jakob H Hansen, Aiko Mineshima, Mariano Spector, Jing Zhou.

Release Date:February, 2022

Supply constraints hurt the economic recovery and boosted inflation in 2021. We find that in the euro area, manufacturing output and GDP would have been about 6 and 2 percent higher, respectively, more...

Author/Editor: Khalid ElFayoumi, Izabela Karpowicz, Jenny Lee, Marina Marinkov, Aiko Mineshima, Jorge Salas, Andreas Tudyka, Andrea Schaechter.

Release Date:May, 2021

Many European economies have faced pressure from rental housing affordability that has widened social and economic divergence. While significant country and regional differences exist, this more...

Author/Editor: Shekhar Aiyar, Mai Chi Dao, Andreas A Jobst, Aiko Mineshima, Srobona Mitra, Mahmood Pradhan.

Release Date:March, 2021

This paper evaluates the impact of the crisis on European banks’ capital under a range of macroeconomic scenarios, using granular data on the size and riskiness of sectoral exposures. The analysis more...

Author/Editor: Chikako Baba, Salvatore Dell'Erba, Enrica Detragiache, Olamide Harrison, Aiko Mineshima, Anvar Musayev, Asghar Shahmoradi.

Release Date:January, 2020

Assessing when credit is excessive is important to understand macro-financial vulnerabilities and guide macroprudential policy. The Basel Credit Gap (BCG) – the deviation of the credit-to-GDP ratio 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: Aiko Mineshima, Christopher Browne.

Release Date:February, 2007

Remittances are large and have grown substantially over the past decade in the Pacific region. This primarily reflects the impact of emigration due to low growth and limited employment prospects at more...