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Tracing Productivity Growth Channels in the UK

Author/Editor: Daniel Garcia-Macia, Julia Korosteleva.

Release Date:November, 2021

What drove the UK productivity slowdown post-GFC, and how is the post-Covid recovery expected to differ? This paper traces the sources of TFP growth in the UK over the last two decades through the more...



Price: $5.00
EU Climate Mitigation Policy

Author/Editor: Jiaqian Chen, Maksym Chepeliev, Daniel Garcia-Macia, Dora M Iakova, James Roaf, Anna Shabunina, Dominique van der Mensbrugghe, Philippe Wingender.

Release Date:September, 2020

This paper aims to contribute to the debate on the choice of policies to reach the more ambitious 2030 emission reduction goals currently under consideration. It provides an analysis of the more...



Price: $20.00
Sectoral Policies for Climate Change Mitigation in the EU

Author/Editor: Nicolas Arregui, Ruo Chen, Christian H Ebeke, Jan-Martin Frie, Daniel Garcia-Macia, Dora M Iakova, Andreas Jobst, Louise Rabier, James Roaf, Anna Shabunina, Sebastian Weber.

Release Date:September, 2020

This paper discusses sectoral policies needed to achieve the ambitious greenhouse gas (GHG) emissions reduction targets announced in the European Union’s Green Deal, complementing the companion more...



Price: $20.00
Labor Costs and Corporate Investment in Italy

Author/Editor: Daniel Garcia-Macia.

Release Date:February, 2020

The recovery of private investment in Italy has lagged its euro area peers over the past decade. This paper examines the role of elevated labor costs in hindering the recovery. Specifically, labor more...



Price: $18.00
Identifying Service Market Reform Priorities in Italy

Author/Editor: Nazim Belhocine, Daniel Garcia-Macia.

Release Date:February, 2020

Italy’s labor productivity in market services has declined since 2000, underperforming manufacturing and peer European countries, especially in strongly regulated sectors. A model of monopolistic more...



Price: $18.00
The Measurement of External Accounts

Author/Editor: Gustavo Adler, Daniel Garcia-Macia, Signe Krogstrup.

Release Date:June, 2019

Growing international integration in trade and finance can challenge the measurement of external accounts. This paper presents a unified conceptual framework for identifying sources of mismeasurement more...



Price: $18.00
The External Balance Assessment Methodology: 2018 Update

Author/Editor: Luis M Cubeddu, Signe Krogstrup, Gustavo Adler, Pau Rabanal, Mai Chi Dao, Swarnali A Hannan, Luciana Juvenal, Carolina Osorio Buitron, Cyril Rebillard, Daniel Garcia-Macia, Callum Jones, Jair Rodriguez, Kyun Suk Chang, Deepali Gautam, Zijiao Wang, Nan Li.

Release Date:March, 2019

The assessment of external positions and exchange rates is a key mandate of the IMF. This paper presents the updated External Balance Assessment (EBA) framework—a key input in the conduct of more...



Price: $18.00
The Insolvency Regime for Large Enterprises in Italy: An Economic and Legal Assessment

Author/Editor: Nazim Belhocine, Daniel Garcia-Macia, José Garrido.

Release Date:September, 2018

The modernization of Italy’s insolvency framework has been the subject of much interest in recent years, related not least to its role in potentially facilitating an efficient allocation of more...



Price: $18.00
Household Wealth and Resilience to Financial Shocks in Italy

Author/Editor: Daniel Garcia-Macia.

Release Date:August, 2018

High household wealth is often cited as a key strength of the Italian economy. Both in absolute terms and relative to income, the Italian household sector is wealthier than most euro area peers. A more...



Price: $18.00
The Stabilizing Role of Net Foreign Asset Returns

Author/Editor: Gustavo Adler, Daniel Garcia-Macia.

Release Date:April, 2018

With the rapid growth of countries' foreign asset and liability positions over the last two decades, financial returns on those positions ('NFA returns') have become material drivers of current more...



Price: $18.00
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