Conventional empirical models of monetary policy transmission in emerging market economies produce puzzling results: monetary tightening often leads to an increase in prices (the price puzzle) and ...
This paper presents estimates of the relationship between the share of income accruing to the middle class and gross domestic product per capita of economies from the Association of Southeast Asian ...
This note specifically focuses on explaining the impact of the application of the EU’s Carbon Border Adjustment Mechanism (CBAM) on the economy of the Republic of North Macedonia as requested by the ...
The virus that triggered a localized shock in China is now delivering a significant global shock. This study simulates the potential impact of COVID-19 on gross domestic product and trade, using a ...
Since 2000, China has been upgrading its infrastructure, exemplified by the expansion of the high-speed railways (HSR), while simultaneously moving up the global value chains, evidenced by the rising ...