Author/Editor: Karim Barhoumi, Seung Mo Choi, Tara Iyer, Jiakun Li, Franck Ouattara, Andrew J Tiffin, Jiaxiong Yao.

Release Date:May, 2022

The COVID-19 crisis has had a tremendous economic impact for all countries. Yet, assessing the full impact of the crisis has been frequently hampered by the delayed publication of official GDP more...

Author/Editor: Eric M Pondi Endengle, Seung Mo Choi, Pritha Mitra.

Release Date:February, 2022

This paper assesses the impact of climate-related disasters on medium-term growth and analyzes key structural areas that could substantially improve disaster-resilience. Results show that (i) more...

Author/Editor: Sangyup Choi, Tim Willems, Seung Yong Yoo.

Release Date:January, 2022

We combine industry-level data on output and prices with monetary policy shock estimates for 105 countries to analyze how the effects of monetary policy vary with industry characteristics. Next to more...

Author/Editor: Marco Arena, Tingyun Chen, Seung M Choi, Nan Geng, Cheikh A Gueye, Tonny Lybek, Evan Papageorgiou, Yuanyan Sophia Zhang.

Release Date:February, 2020

Macroprudential policy in Europe aligns with the objective of limiting systemic risk, namely the risk of widespread disruption to the provision of financial services that is caused by an impairment more...

Author/Editor: Seung M Choi, Laura E Kodres, Jing Lu.

Release Date:January, 2018

This paper examines whether the coordinated use of macroprudential policies can help lessen the incidence of banking crises. It is well-known that rapid domestic credit growth and house more...