 | Crypto Assets and CBDCs in Latin America and the Caribbean: Opportunities and Risks Author/Editor: Maximiliano Appendino, Olga Bespalova, Rina Bhattacharya, Jean François Clevy, Nan Geng, Takuji Komatsuzaki, Justin Lesniak, Weicheng Lian, Sandra Marcelino, Mauricio Villafuerte, Yorbol Yakhshilikov. Release Date:February, 2023 After providing a general overview of the nature, pros, and cons of crypto assets and CBDCs, this paper focuses on documenting their recent experience in LAC. The region records a high interest in more...
| Price: $20.00
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 | Can Fintech Foster Competition in the Banking System in Latin America and the Caribbean? Author/Editor: Suchanan Tambunlertchai, Pablo Bejar, Kotaro Ishi, Takuji Komatsuzaki, Ippei Shibata, Jasmin Sin. Release Date:April, 2021 This paper revisits the competitive environment of the banking system in Latin America and the Caribbean (LAC) and investigates the early impact of fintech development in the region thus far. Against more...
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 | Income Inequality in Small States and the Caribbean: Stylized Facts and Determinants Author/Editor: Arnold McIntyre, Pablo Bejar, Takuji Komatsuzaki, Mauricio Vargas. Release Date:February, 2021 Rising income inequality has emerged as a major policy issue facing policymakers, but there is a dearth of empirical work on inequality in small states, including the Caribbean. Despite data more...
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 | The Macroeconomic Effects of Structural Reforms in Latin America and the Caribbean Author/Editor: Antonio David, Takuji Komatsuzaki, Samuel Pienknagura. Release Date:September, 2020 This paper estimates the macroeconomic effects of structural reforms in Latin America and the Caribbean (LAC) using the dataset constructed by Alesina et al. (2020). We find that large changes in the more...
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 | Inflation and Public Debt Reversals in Advanced Economies Author/Editor: Ichiro Fukunaga, Takuji Komatsuzaki, Hideaki Matsuoka. Release Date:December, 2019 This paper quantitatively assesses the effects of inflation shocks on the public debt-to-GDP ratio in 19 advanced economies using simulation and estimation approaches. The simulations based on the more...
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 | Financial Conditions and Growth at Risk in the ECCU Author/Editor: Takuji Komatsuzaki, Steve Brito. Release Date:November, 2019 We study the growth determinants in the Eastern Caribbean Currency Union (ECCU), using the Growth at Risk (GaR) framework with a focus on financial variables. We find that excessive bank credit more...
| Price: $18.00
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 | Fiscal Reforms, Long-term Growth and Income Inequality Author/Editor: Santiago Acosta Ormaechea, Takuji Komatsuzaki, Carolina Correa-Caro. Release Date:June, 2017 We estimate the effects on growth of nine fiscal reform episodes in seven high-income countries
using the Synthetic Control Method. These episodes are selected using an indicator-based more...
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 | Labor and Product Market Reforms in Advanced Economies : Fiscal Costs, Gains, and Support Author/Editor: Angana Banerji, Valerio Crispolti, Era Dabla-Norris, Romain A Duval, Christian H Ebeke, Davide Furceri, Takuji Komatsuzaki, Tigran Poghosyan. Release Date:March, 2017 Product and labor market reforms are needed to lift persistently sluggish growth in advanced economies. But reforms have progressed slowly because of concerns about their distributive and short-term more...
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 | Improving Public Infrastructure in the Philippines Author/Editor: Takuji Komatsuzaki. Release Date:February, 2016 This paper explores the macroeconomic effects of improving public infrastructure in the Philippines. After benchmarking the Philippines relative to its neighbors in terms of level of public capital more...
| Price: $18.00
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 | Inflation and Public Debt Reversals in the G7 Countries Author/Editor: Bernardin Akitoby, Takuji Komatsuzaki, Ariel J Binder. Release Date:June, 2014 This paper investigates the impact of low or high inflation on the public debt-to-GDP ratio in the G-7 countries. Our simulations suggest that if inflation were to fall to zero for five years, the more...
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