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Valderrama, Laura - 2009

This paper studies the effect of individual uncertainty on collective decision-making to implement innovation. We show how individual uncertainty creates a bias for the status quo even under irreversible voting decisions, in contrast with Fernandez and Rodrik (1991). Blocking innovation is...

Persistent link: https://www.econbiz.de/10012677867

Political Instability and Inflation Volatility.

Aisen, Ari - 2006

Persistent link: https://www.econbiz.de/10012690971

Global Shocks Unfolding: Lessons from Fragile and Conflict-affected States

Boussard, Jocelyn - 2024

This paper investigates the consequences of global shocks on a sample of low- and lower-middle-income countries with a particular focus on fragile and conflict-affected states (FCS). FCS are a group of countries that display institutional weakness and/or are negatively affected by active...

Persistent link: https://www.econbiz.de/10015328379

How Nations Become Fragile: An AI-Augmented Bird's-Eye View (with a Case Study of South Sudan)

Atashbar, Tohid - 2023

In this study we introduce and apply a set of machine learning and artificial intelligence techniques to analyze multi-dimensional fragility-related data. Our analysis of the fragility data collected by the OECD for its States of Fragility index showed that the use of such techniques could...

Persistent link: https://www.econbiz.de/10015059167

Eurosclerosis or Financial Collapse; Why Did Swedish Incomes Fall Behind?

Cerra, Valerie; Saxena, Sweta Chaman - International Monetary Fund (IMF) - 2005

Sweden represents an archetypal welfare state economy, with extensive government safety nets. Some scholars have attributed a decline in its per capita income ranking since 1970 to "eurosclerosis" or sluggish growth caused by distortionary policies. This paper argues rather, that the permanent...

Persistent link: https://www.econbiz.de/10005605036

Life Expectancy and Income Convergence in the World; A Dynamic General Equilibrium Analysis

Ueda, Kenichi - International Monetary Fund (IMF) - 2008

There is world-wide convergence in life expectancy, despite little convergence in GDP per capita. If one values longer life much more than material happiness, the world living standards may this have already converged substantially. This paper introduces the concept of the dynastic general...

Persistent link: https://www.econbiz.de/10005826651

Social Sector Reform in Transition Countries

Keller, Christian; Heller, Peter S. - International Monetary Fund (IMF) - 2001

During the transition process, many existing social sector institutions and policies were significantly eroded and their underlying character changed. As a result, they often do not redistribute to the poorest, nor generally serve the role of facilitating economic change. Social sector reforms...

Persistent link: https://www.econbiz.de/10005264010

Macroeconomic Effects and Policy Challenges of Population Aging

Faruqee, Hamid; Tamirisa, Natalia T. - International Monetary Fund (IMF) - 2006

This paper simulates the macroeconomic effects of population aging in a dynamic overlapping generations model of a … small open economy. The model is calibrated to data for the Czech Republic, where population aging is proceeding at a pace … comparable to that in other advanced countries in Europe. Simulations show that population aging is likely to slow economic …

Persistent link: https://www.econbiz.de/10005264152

The Demographic Dividend; Evidence From the Indian States

Mody, Ashoka; Aiyar, Shekhar - International Monetary Fund (IMF) - 2011

Large cohorts of young adults are poised to add to the working-age population of developing economies. Despite much interest in the consequent growth dividend, the size and circumstances of the potential gains remain under-explored. This study makes progress by focusing on India, which will be...

Persistent link: https://www.econbiz.de/10008876597

After the Crisis; Lower Consumption Growth But Narrower Global Imbalances?

Ohnsorge, Franziska; Mody, Ashoka - International Monetary Fund (IMF) - 2010

We estimate consumption dynamics in the G-7 economies, paying particular attention to the possibility of precautionary behavior in the face of uncertainty. We find that in the short run, continued income uncertainty will significantly dampen consumption growth. As such, consumption in the G-7...

Persistent link: https://www.econbiz.de/10008561067