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2022 Update of the External Balance Assessment Methodology

Author/Editor: Cian Allen, Camila Casas, Giovanni Ganelli, Luciana Juvenal, Daniel Leigh, Pau Rabanal, Cyril Rebillard, Jair Rodriguez, João Tovar Jalles.

Release Date:March, 2023

The assessment of external positions and exchange rates of member countries is a key mandate of the IMF. The External Balance Assessment (EBA) methodology has provided the framework for conducting more...



Price: $20.00
Role of Individual Characteristics and Policies in Driving Labor Informality in Vietnam

Author/Editor: Era Dabla-Norris, Giovanni Ganelli, Anh Thi Ngoc Nguyen, Mai Thi Thanh Nguyen, Thuy Thi Thu Vu.

Release Date:December, 2020

Using data from the Vietnam Labor Force Survey, this paper takes a granular look at the most salient drivers of labor informality in Vietnam by examining: (i) the nature of labor informality and more...



Price: $18.00
Determinants of Inclusive Growth in ASEAN

Author/Editor: Victoriia Alekhina, Giovanni Ganelli.

Release Date:July, 2020

Over the past decades ASEAN countries have experienced rapid economic growth accompanied by a dramatic fall in poverty rates, but income inequality has not retreated. This research aims at more...



Price: $18.00
Minimum Wage as a Wage Policy Tool in Japan

Author/Editor: Chie Aoyagi, Giovanni Ganelli, Nour Tawk.

Release Date:November, 2016

Using prefectural data, we study the potential impact on wage dynamics of the planned minimum wage increase policy in Japan. Our main result is that stepping up minimum wage growth from 2 to the more...



Price: $18.00
Spillovers from Japan's Unconventional Monetary Policy to Emerging Asia : a Global VAR approach

Author/Editor: Giovanni Ganelli, Nour Tawk.

Release Date:May, 2016

We use a Global VAR model to study spillovers from the Bank of Japan’s quantitative and qualitative easing (QQE) on emerging Asia.1 Our main result is that, despite an appreciation of their more...



Price: $18.00
The Welfare Multiplier of Public Infrastructure Investment

Author/Editor: Giovanni Ganelli, Juha Tervala.

Release Date:February, 2016

We analyze the welfare multipliers of public spending (the consumption equivalent change in
 welfare for one dollar change in public spending) in a DSGE model. The welfare more...



Price: $18.00
Foreign Help Wanted : Easing Japan's Labor Shortages

Author/Editor: Giovanni Ganelli, Naoko Miake.

Release Date:July, 2015

Data and anecdotal evidence suggest that Japan is suffering from labor shortages, which are large in an international perspective, have a negative impact on potential growth, and reduce the more...



Price: $18.00
How Inclusive Is Abenomics?

Author/Editor: Chie Aoyagi, Giovanni Ganelli, Kentaro Murayama.

Release Date:March, 2015

We assess the ongoing reform efforts in Japan in terms of inclusive growth. We use
prefectural level panel data to regress a measure of inclusive growth, which incorporates
both more...



Price: $18.00
Asia's Quest for Inclusive Growth Revisited

Author/Editor: Chie Aoyagi, Giovanni Ganelli.

Release Date:February, 2015

Despite the rapid economic growth and poverty reduction, inequality in Asia worsened during last two decades. We focus on the determinants of growth inclusiveness and suggest options for reform. A more...



Price: $18.00
Value of WTO Trade Agreements in a New Keynesian Model

Author/Editor: Giovanni Ganelli, Juha Tervala.

Release Date:February, 2015

We revisit the question of the quantitative benefits of WTO trade agreements in a setup that is non-standard from the traditional trade policy point of view. We show that in a New Keynesian model, more...



Price: $18.00
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