Author/Editor: Aidar Abdychev, Cristian Alonso, Emre Alper, Dominique Desruelle, Siddharth Kothari, Yun Liu, Mathilde Perinet, Sidra Rehman, Axel Schimmelpfennig, Preya Sharma.

Release Date:December, 2018

Far-reaching changes in technology, climate, and global economic integration are transforming the world of work in ways that we do not yet fully understand. Will the swift technological advances of more...

Author/Editor: Nasha Maveé, Roberto Perrelli, Axel Schimmelpfennig.

Release Date:October, 2016

This paper investigates possible drivers of volatility in the South African rand since the onset of the global financial crisis. We assess the role played by local and international economic more...

Author/Editor: Aqib Aslam, Enrico Berkes, Martin Fukac, Jeta Menkulasi, Axel Schimmelpfennig.

Release Date:May, 2013

For Afghanistan, the dual prospect of declining donor support and high ongoing security spending over the medium term keeps the government budget tight. This paper uses a general equilibrium model to more...

Author/Editor: Axel Schimmelpfennig, E H Gardner.

Release Date:January, 2008

This paper reviews Lebanon's ability to manage financial pressures following severe shocks despite its large public debt overhang and significant external vulnerabilities. Based on interviews with more...

Author/Editor: Mohsin S Khan, Axel Schimmelpfennig.

Release Date:March, 2006

This paper examines the relative importance of monetary factors and structuralist supply-side factors for inflation in Pakistan. A stylized inflation model is specified that includes standard more...

Author/Editor: Axel Schimmelpfennig, Nouriel Roubini, Paolo Manasse.

Release Date:November, 2003

We develop an early-warning model of sovereign debt crises. A country is defined to be in a debt crisis if it is classified as being in default by Standard & Poor's, or if it has access to more...

Author/Editor: Richard Hemming, Axel Schimmelpfennig, Michael Kell.

Release Date:May, 2003

Fiscal problems have long been considered a central feature of financial--that is, currency, debt, and banking--crises. This paper addresses four questions: What are the fiscal causes of crises? more...

Author/Editor: Axel Schimmelpfennig, Selma Mahfouz, Richard Hemming.

Release Date:May, 2002

Using data for advanced economies, this paper investigates whether factors identified in the theoretical and empirical literature explain the effectiveness of fiscal policy in responding to more...