 | Macroeconomic Effects of Dividend Taxation with Investment Credit Limits Author/Editor: Matteo Ghilardi, Roy Zilberman. Release Date:July, 2022 We analyze the effects of dividend taxation in a general equilibrium business cycle model with an occasionally-binding investment credit limit. Permanent dividend tax reforms distort capital more...
| Price: $20.00
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 | A Growth-Friendly Path for Building Fiscal Buffers in the Caucuses and Central Asia Author/Editor: Edward R Gemayel, Lorraine Ocampos, Matteo Ghilardi, James Aylward. Release Date:April, 2018 Since 2014, large and persistent external shocks have hit the CCA region, particularly a slump in global commodity prices and slower growth in its key economic partners. Fiscal accommodation, along more...
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| Make Investment Scaling-Up Work in Benin : A Macro-Fiscal Analysis Author/Editor: Karim Barhoumi, Larry Q Cui, Christine Dieterich, Nicolas End, Matteo Ghilardi, Alexander Raabe, Sergio Sola. Release Date:January, 2016 This paper conducts a systematic growth and fiscal analysis to determine: (1) the growth potential of Benin’s ambitious scaling-up of investment, and (2) how the government can generate the more...
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| Public Investment in a Developing Country Facing Resource Depletion Author/Editor: Adrian Alter, Matteo Ghilardi, Dalia Hakura. Release Date:November, 2015 This paper analyzes the tradeoffs between savings, debt and public investment in the Republic of
 Congo, a developing country with looming oil exhaustibility concerns. Our results highlight more...
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| Investment Scaling-up and the Role of Government: the Case of Benin Author/Editor: Matteo Ghilardi, Sergio Sola. Release Date:March, 2015 This paper studies the fiscal implications for the Beninese economy of scaling up of public
investment when the government is subject to inefficiencies on the spending and on the more...
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| Sustaining more Inclusive Growth in the Republic of Congo Author/Editor: Dalia S Hakura, Adrian Alter, Matteo Ghilardi, Rodolfo Maino, Cameron McLoughlin, Maximilien Queyranne. Release Date:February, 2015 The Republic of Congo has seen dramatic improvement in its debt situation since 2010, following debt relief through the IMF and World Bank Heavily Indebted Poor Countries/Multilateral Debt Relief more...
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| Capital Flows, Financial Intermediation and Macroprudential Policies Author/Editor: Matteo Ghilardi, Shanaka J. Peiris. Release Date:August, 2014 This paper develops an open-economy DSGE model with an optimizing banking sector to assess the role of capital flows, macro-financial linkages, and macroprudential policies in emerging Asia. The key more...
| Price: $18.00
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| Judicial System Reform in Italy - A Key to Growth Author/Editor: Gianluca Esposito, Sergi Lanau, Sebastiaan Pompe. Release Date:February, 2014 The inefficiency of the Italian judicial system has contributed to reduced investments, slow growth and a difficult business environment. The enforcement of civil and commercial claims suffers from more...
| Price: $18.00
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| Aggregate Stability and Balanced-Budget Rules Author/Editor: Matteo Ghilardi, Raffaele Rossi. Release Date:February, 2014 It has been shown that under perfect competition and a Cobb-Douglas production function, a basic real business cycle model may exhibit indeterminacy and sunspot fluctuations when income tax rates are more...
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