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Sources of volatility in small economies (English)

Do sources of volatility differ by country characteristics such as the level of development, country size, quality of institutions, and presence of restrictions on fiscal policy? ... See More +

Policy Research Working Paper WPS8526 JUL 12, 2018

Hnatkovska,Viktoria; Koehler-Geib,Fritzi Disclosed

Characterizing business cycles in small economies (English)

This paper aims to document a set of stylized facts characterizing business cycle dynamics in smaller economies. The paper uses a large sample of countries spanning 1960-2014 to show that country size is a significant factor affecting countries' volatility, comovement with gross domestic product and real interest rate, and persistence. ... See More +

Policy Research Working Paper WPS8527 JUL 12, 2018

Hnatkovska,Viktoria; Koehler-Geib,Fritzi Disclosed

Business cycles in the eastern Caribbean economies: the role of fiscal policy and interest rates (English)

This paper analyzes the business cycle characteristics of the economies of the Organization of Eastern Caribbean States using a model of a small open economy subject to interest rate and fiscal expenditure shocks and financial frictions. ... See More +

Policy Research Working Paper WPS7545 JAN 27, 2016

Carneiro,Francisco Galrao; Hnatkovska,Viktoria Disclosed

Business cycles accounting for Paraguay (English)

This study investigates the role of domestic and external shocks in business cycle fluctuations in Paraguay during 1991–2012. Time-series methods and a structural model-based approach are used to conduct an integrated analysis of business cycles. ... See More +

Policy Research Working Paper WPS7284 JUN 02, 2015

Koehler-Geib,Fritzi; Hnatkovska,Viktoria Disclosed

Growth Volatility in Paraguay : Sources, effects, and options (English)

Education Sector Review 78318 JUN 05, 2014

Koehler-Geib, Fritzi; Mustafaoglu, Zafer; Caballero Cabrera, Elida; Blanco Cossio, Fernando; Cabral, Guillermo; Araujo, Jorge; Villarroel, Miriam Beatriz; Echague, Marcelo; Holt, Patricia Chacon; Siegenthaler, Peter; Odawara, Rei; Gulino, Silvia; Mossi, Dante; Lachy, Diana; Dure, Gloria; Arestivo de Cuentas Zavala, Rosa; Polastri, Rossana; Theis, Sophie Storm; Arias Carballo, Diego; Berument, Hakan; Ramirez, Julio; Hnatkovska, Viktoria; Lajer Baron, Andres; Saizar, Carolina; Nielsen, Hannah; Picarelli, Nathalie; Zanetti, Pia Maria; Varma, Sona; Calvo-Gonzalez, Oscar; Lampietti, Julian; Gould, David Disclosed

Growth Volatility in Paraguay : Sources, effects, and options (Vol. 2) : Supplementary volume with selected background papers (English)

Education Sector Review 78318 DEC 20, 2013

Koehler-Geib, Fritzi; Mustafaoglu, Zafer; Caballero Cabrera, Elida; Blanco Cossio, Fernando; Cabral, Guillermo; Araujo, Jorge; Villarroel, Miriam Beatriz; Echague, Marcelo; Holt, Patricia Chacon; Siegenthaler, Peter; Odawara, Rei; Gulino, Silvia; Mossi, Dante; Lachy, Diana; Dure, Gloria; Arestivo de Cuentas Zavala, Rosa; Polastri, Rossana; Theis, Sophie Storm; Arias Carballo, Diego; Berument, Hakan; Ramirez, Julio; Hnatkovska, Viktoria; Lajer Baron, Andres; Saizar, Carolina; Nielsen, Hannah; Picarelli, Nathalie; Zanetti, Pia Maria; Varma, Sona; Calvo-Gonzalez, Oscar; Lampietti, Julian; Gould, David Disclosed

Volatility and growth (English)

The authors study the empirical, cross-country relationship between macroeconomic volatility and long-run economic growth. They address four central questions: 1) Does the volatility-growth link depend on country and policy characteristics, such as the level of development or trade openness? ... See More +

Policy Research Working Paper WPS3184 JAN 01, 2004

Hnatkovska, Viktoria; Loayza, Norman;