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We study the macroeconomic consequences of tariffs. We estimate impulse response functions from local projections using a panel of annual data that sp...
China’s current account surplus has declined significantly from its peak in 2008 and the external position in 2018 was in line with medium-term fund...
Poverty in Mexico was high before the COVID-19 pandemic and has been exacerbated by the pandemic, with significant variation across states. Education ...
The assessment of external positions and exchange rates is a key mandate of the IMF. This paper presents the updated External Balance Assessment (EBA)...
To shed light on the possible scarring effects from Covid-19, this paper studies the economic effects of five past pandemics using local projections o...
St. Lucia has enviably high female labor force participation rate and strikingly low participation gap vis-à-vis male. The latter is lower than OECD ...
Mexico has had one of the highest death tolls from Covid-19 and among the largest declines in output compared to peers. This paper utilizes data on Me...
Mexico’s fiscal response to the pandemic has been modest compared to its peers, reflecting the authorities’ desire to not issue new debt for spend...