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Efficient Energy Investment and Fiscal Adjustment in Senegal

Issoufou, Salifou; Buffie, Edward F.; Diop, Mouhamadou Bamba - International Monetary Fund (IMF) - 2014

phased contraction of the oil-based sector raises the total supply of energy by 70 percent, increases real wages and real GDP … non-energy infrastructure. These programs lead to much higher real wages and real GDP while keeping public debt …

Persistent link: https://www.econbiz.de/10010790369

Borrowing for growth : big pushes and debt sustainability in low-income countries

Zanna, Luis-Felipe; Buffie, Edward F.; Portillo, Rafael; … - In: The World Bank economic review : WBER 33 (2019) 3, pp. 661-689

Persistent link: https://www.econbiz.de/10012174852

Debt, investment, and growth in developing countries with segmented labor markets

Buffie, Edward F.; Zanna, Luis-Felipe; Adam, Christopher S. - 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 labor markets, efficiency wages and open unemployment, and an informal non-agricultural sector....