Quantitative easing (QE) has been criticized for helping fuel the post-COVID inflation boom and causing large central bank losses. In this paper, we argue that QE should be evaluated mainly on its ability to achieve core macro-objectives as well for its effects on the consolidated fiscal...

This study examines the macroeconomic and institutional determinants of International Financial Reporting Standards (IFRS) adoption in seven developing countries: Morocco, South Africa, Egypt, Tunisia, Algeria, Qatar, and Jordan. Utilizing panel data from 2010 to 2022 and a binary logistic...

This article investigates the macroeconomic and labor market conditions that shape the adoption of artificial intelligence (AI) technologies among large firms in Europe. Based on panel data econometrics and supervised machine learning techniques, we estimate how public health spending, access to...

This article investigates the macroeconomic and labor market conditions that shape the adoption of artificial intelligence (AI) technologies among large firms in Europe. Based on panel data econometrics and supervised machine learning techniques, we estimate how public health spending, access to...

Natural disasters often have high economic costs, setting back years of investment in developing countries. This paper develops a multi-sector DSGE model to study the macroeconomic and welfare implications of financing resilience-building using different fiscal instruments. The model includes...

This chapter explores the macroeconomic approach to energy efficiency, focusing on EU policy and its implementation in selected member states. Efficiency is defined as “the ratio of energy services delivered to energy consumed” and differs from savings. EU policy is structured around the...