 | Fiscal Multipliers and Informality Author/Editor: Emilio Colombo, Davide Furceri, Pietro Pizzuto, Patrizio Tirelli. Release Date:May, 2022 This paper investigates the role of informality in affecting the magnitude of the fiscal multiplier in a panel of 141 countries, using the local projections method. We find a strong negative more...
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| | Will COVID-19 Have Long-Lasting Effects on Inequality? Evidence from Past Pandemics Author/Editor: Davide Furceri, Prakash Loungani, Jonathan David Ostry, Pietro Pizzuto. Release Date:May, 2021 This paper provides evidence on the impact of major epidemics from the past two decades on income distribution. The pandemics in our sample, even though much smaller in scale than COVID-19, have led more...
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| | Will the Economic Impact of COVID-19 Persist? Prognosis from 21st Century Pandemics Author/Editor: Johannes Emmerling, Davide Furceri, Francisco Líbano Monteiro, Prakash Loungani, Jonathan David Ostry, Pietro Pizzuto, Massimo Tavoni. Release Date:April, 2021
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| | The Rise in Inequality after Pandemics: Can Fiscal Support Play a Mitigating Role? Author/Editor: Davide Furceri, Prakash Loungani, Jonathan David Ostry, Pietro Pizzuto. Release Date:April, 2021
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