The Quest for the Holy Grail

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Achieving fiscal consolidation without undermining growth and poverty-reduction efforts is a key policy challenge in many countries. Using India as an illustrat

Assessing The Impact Of Fiscal Shocks On Output In MENAP Countries

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This note is a reference guide to the econometric work on fiscal multipliers for MENAP countries. Spending and tax multipliers are estimated from conventional V

Dynamic Fuel Price Pass-Through

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This paper assesses the dynamic pass-through of crude oil price shocks to retail fuel prices using a novel database on monthly retail fuel prices for 162 countr

Public-Private Wage Differentials and Interactions Across Countries and Time

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Public-Private Wage Differentials and Interactions Across Countries and Time

How Large and Persistent is the Response of Inflation to Changes in Retail Energy Prices?

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We estimate the dynamic effects of changes in retail energy prices on inflation using a novel monthly database, covering 110 countries over 2000:M1 to 2016:M6.