 | 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
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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
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| The Minimum Wage Puzzle in Less Developed Countries: Reconciling Theory and Evidence Author/Editor: Christopher S Adam, Edward F Buffie. Release Date:January, 2020 We show that a dynamic general equilibrium model with efficiency wages and endogenous capital accumulation in both the formal and (non-agricultural) informal sectors can explain the full range of more...
| Price: $18.00
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| 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
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| Inflation Targeting and Exchange Rate Management In Less Developed Countries Author/Editor: Marco Airaudo, Edward F. Buffie, Luis-Felipe Zanna. Release Date:March, 2016 We analyze coordination of monetary and exchange rate policy in a two-sector model of a
 small open economy featuring imperfect substitution between domestic and foreign financial
 more...
| Price: $18.00
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| Some Misconceptions about Public Investment Efficiency and Growth Author/Editor: Andrew Berg, Edward F. Buffie, Catherine A. Pattillo, Rafael Portillo, Andrea Presbitero, Luis-Felipe Zanna. Release Date:December, 2015 We reconsider the macroeconomic implications of public investment efficiency, defined as
 the ratio between the actual increment to public capital and the amount spent. We show more...
| Price: $18.00
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| Efficient Energy Investment and Fiscal Adjustment in Senegal Author/Editor: Salifou Issoufou, Edward F. Buffie, Mouhamadou Bamba Diop, Kalidou Thiaw. Release Date:March, 2014 Senegal's fiscal deficit and public debt have been on the rise in recent years owing partly to an ailing and inefficient oil-based energy sector. In this paper we use a two-sector, open-economy, more...
| Price: $18.00
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| Public Investment, Growth, and Debt Sustainability: Putting together the Pieces : Putting together the Pieces Release Date:June, 2012 We develop a model to study the macroeconomic effects of public investment surges in low-income countries, making explicit: (i) the investment-growth linkages; (ii) public external and domestic debt more...
| Price: $20.00
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