Jul 2019
Author(s): Ayres, João; Raveendranathan, Gajendran
We use firm dynamics statistics on employment by age, entry, exit, and job flows to identify sources of business cycle fluctuations in the U.S. economy since 1980.
We extend the Hopenhayn (…
Apr 2019
Author(s): Ayres, João; García, Marcio; Guillen, Diogo; Kehoe, Patrick
Brazil has had a long period of high inflation. It peaked around 100 percent per year in 1964, decreased until the first oil shock (1973), but accelerated again afterward, reaching levels above 100…
Apr 2018
Author(s): Ayres, João
This paper quantifies the flow of knowledge within U.S. multinational corporations in the United States and European Union. A general equilibrium model of knowledge flows within multinationals is…
May 2017
Author(s): Sutton, Heather; Álvarez, Lucciana; van Dijk, Jan; van Kesteren, John; Ruprah, Inder J.; Godinez Puig, Luisa; Jaitman, Laura; Torre, Iván; Pecha, Camilo
While citizen security has become an ever-increasing concern for many Caribbean countries, the magnitude of the problem has not been matched with an equally robust response in terms of research. This…
Dec 2016
Author(s): Ruprah, Inder J.; Wright, Allan; Thomas, Chrystol; Wenner, Mark D.; Schmid, Juan Pedro; Pradelli, Juan Jose; Clarke, Dillon; Waithe, Kimberly
The macroeconomic performance of the countries in the Country Caribbean Department on average worsened in 2016 but is expected to improve in 2017. However, downside risks remain, including heightened…
Jun 2016
Author(s): Khadan, Jeetendra; Ruprah, Inder J.; Waithe, Kimberly; Wenner, Mark D.; Clarke, Dillon; Schmid, Juan Pedro; Thomas, Chrystol; Pradelli, Juan Jose; Blenman, Shamar
A moniker often invoked to describe the Caribbean is: "high debt, low growth." It was never completely true. Today it may have become so. The tourism countries, Jamaica, Barbados, and The…
Feb 2014
Author(s): Ruprah, Inder J.; Melgarejo, Karl Alexander; Sierra, Ricardo
This report addresses several critical questions regarding Caribbean nations. Does size matter for economic growth and volatility? To what degree has Caribbean economic growth been inferior to that…
Aug 2013
Author(s): Ruprah, Inder J.; Melgarejo, Karl Alexander
In this policy brief, we focus on the debates surrounding what has been called the "silent debt crisis" of the Caribbean. We discuss the level of debt at which the relation with economic…