 | Decoupling of Emissions and GDP: Evidence from Aggregate and Provincial Chinese Data Author/Editor: Gail Cohen, João Tovar Jalles, Prakash Loungani, Ricardo Marto, Gewei Wang. Release Date:April, 2018 We provide a comprehensive analysis of the relationship between greenhouse gas (GHG) emissions and GDP in China using both aggregate and provincial data. The Kuznets elasticity is about 0.6 for more...
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 | The Long-Run Decoupling of Emissions and Output: Evidence from the Largest Emitters Author/Editor: Gail Cohen, João Tovar Jalles, Prakash Loungani, Ricardo Marto. Release Date:March, 2018 For the world's 20 largest emitters, we use a simple trend/cycle decomposition to provide evidence of decoupling between greenhouse gas emissions and output in richer nations, particularly in more...
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 | Building Resilience to Natural Disasters: An Application to Small Developing States Author/Editor: Ricardo Marto, Chris Papageorgiou, Vladimir Klyuev. Release Date:October, 2017 We present a dynamic small open economy model to explore the macroeconomic impact of
natural disasters. In addition to permanent damages to public and private capital, the disaster
causes more...
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 | Emissions and Growth: Trends and Cycles in a Globalized World Author/Editor: Gail Cohen, João Tovar Jalles, Prakash Loungani, Ricardo Marto. Release Date:August, 2017 Recent discussions of the extent of decoupling between greenhouse gas (GHG) emissions and
real gross domestic product (GDP) provide mixed evidence and have generated much debate.
We show more...
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 | Investing in Public Infrastructure : Roads or Schools? Author/Editor: Manoj Atolia, Bin Grace Li, Ricardo Marto, Giovanni Melina. Release Date:May, 2017 Why do governments in developing economies invest in roads and not enough in schools? In the presence
of distortionary taxation and debt aversion, the different pace at which roads and schools more...
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 | Collect More, Spend Better : Public Investment in Asian Frontier Markets Author/Editor: Manuk Ghazanchyan, Ricardo Marto, Jiri Jonas, Kaitlyn Douglass. Release Date:January, 2017 We use a dynamic small open economy model to explore the macroeconomic impact of
alternative public investment scaling-up scenarios, analyzing how improving the
efficiency of capital more...
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