 | The Ararat Fiscal Strategy Model: A Structural Framework for Fiscal Policy Analysis in Armenia Author/Editor: Victoria Babajanyan, Daniel Baksa, Martin Fukac, Eduard Hakobyan, Arshaluys Harutyunyan, Narek Karapetyan, Babken Pashinyan, Garik Petrosyan, Luis-Felipe Zanna. Release Date:June, 2022 This paper presents an overview of the Ararat Fiscal Strategy Model (AFSM), which is a structural, New-Keynesian, DSGE, small open economy model with a rich fiscal block that includes several more...
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| | Loss-of-Learning and the Post-Covid Recovery in Low-Income Countries Author/Editor: Edward F Buffie, Christopher S Adam, Luis-Felipe Zanna, Kangni R Kpodar. Release Date:February, 2022 We analyze the medium-term macroeconomic impact of the Covid-19 pandemic and associated lock-down measures on low-income countries. We focus on the impact over the medium-run of the degradation of more...
| Price: $5.00
| | For the Benefit of All: Fiscal Policies and Equity-Efficiency Trade-offs in the Age of Automation Author/Editor: Andrew Berg, Lahcen Bounader, Nikolay Gueorguiev, Hiroaki Miyamoto, Kenji Moriyama, Ryota Nakatani, Luis-Felipe Zanna. Release Date:July, 2021 Many studies predict massive job losses and real wage decline as a result of the ongoing widespread automation of production, a trend that may be further aggravated by the COVID-19 crisis. Yet more...
| Price: $5.00
|  | DIGNAR-19 Toolkit Manual Author/Editor: Zamid Aligishiev, Giovanni Melina, Luis-Felipe Zanna. Release Date:June, 2021
| Price: $5.00
| | Macroeconomic Research in Low-income Countries:Advances Made in Five Key Areas Through a DFID-IMF Collaboration Author/Editor: Hites Ahir, Hendre Garbers, Mattia Coppo, Giovanni Melina, Futoshi Narita, Filiz D Unsal, Vivian Malta, Xin Tang, Daniel Gurara, Luis-Felipe Zanna, Linda G Venable, Kangni R Kpodar, Chris Papageorgiou. Release Date:March, 2021 Despite strong economic growth since 2000, many low-income countries (LICs) still face numerous macroeconomic challenges, even prior to the COVID-19 pandemic. Despite the deceleration in real GDP more...
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| | Debt, Investment, and Growth in Developing Countries with Segmented Labor Markets Author/Editor: Edward F Buffie, Luis-Felipe Zanna, Christopher S Adam, Lacina Balma, Dawit Tessema, Kangni R Kpodar. Release Date:June, 2020 We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG) model widely used at the IMF since 2012. The new DIG-Labor models feature segmented more...
| Price: $18.00
| | Optimal Fiscal Spending and Reserve Accumulation Policies under Volatile Aid Author/Editor: Ioana Moldovan, Shu-Chun Susan Yang, Luis-Felipe Zanna. Release Date:June, 2019 This paper assesses the optimal setting of fiscal spending and foreign exchange rate intervention policies in response to volatile foreign aid, in a small open economy model that incorporates typical more...
| Price: $18.00
| | Some Policy Lessons from Country Applications of the DIG and DIGNAR Models Author/Editor: Daniel Gurara, Giovanni Melina, Luis-Felipe Zanna. Release Date:March, 2019 Over the past seven years, the DIG and DIGNAR models have complemented the IMF and World Bank debt sustainability framework (DSF) analysis, over 65 country applications. They have provided useful more...
| Price: $18.00
| | Should We Fear the Robot Revolution? (The Correct Answer is Yes) Author/Editor: Andrew Berg, Edward F Buffie, Luis-Felipe Zanna. Release Date:May, 2018 We may be on the cusp of a “second industrial revolution” based on advances in artificial intelligence and robotics. We analyze the implications for inequality and output, using a model with two more...
| Price: $18.00
| | Macroeconomic Dimensions of Public-Private Partnerships Author/Editor: Edward F Buffie, Michele Andreolli, Bin Grace Li, Luis-Felipe Zanna. Release Date:March, 2016 The voluminous literature comparing public-private partnerships (P3s) and own-investment
(OI) by the public sector is dominated by contributions from microeconomic theory. This
paper more...
| Price: $18.00
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