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I am a senior economist at the International Monetary Fund (IMF), currently working as the IMF Resident Representative to Gabon, in Central Africa.  

  

My research covers the fields of Macroeconomics, International Economics, Development Economics, and Finance.  Its main focus is on fiscal policy. Yet, I am also working on other topics spanning from exchange rates to economic growth.

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Selected Publications and Working Papers:

"Fiscal Stimulus and Firms’ Sales and Capital Expenditures During the Global Financial Crisis" (with Carolina Correa-Caro, Leandro Medina, and Bennett Sutton), Comparative Economic Studies, forthcoming.

"Macroeconomic impacts of non-resource revenue mobilization in CEMAC" (with Giovanni Melina), Applied Economics Letters, Vol. 28, Issue 9, pp. 721-726, 2021.

"Growth Accelerations and Reversals in Developing Economies: External Conditions and Domestic Amplifiers" (with Bertrand Gruss and Malhar Nabar), Open Economies Review, Vol. 31, pp. 753-786, 2020.

"Labour force ageing and productivity growth", Applied Economics Letters, Vol. 27, Issue 6, pp. 498-502, 2020.

"Fiscal Stimulus Impact on Firms' Profitability During the Global Financial Crisis" (with Carolina Correa-Caro, Leandro Medina, and Bennett W. Sutton), IMF Working Paper 18/251, International Monetary Fund, November 2018.

"The Slowdown in Global Trade: A Symptom of A Weak Recovery?" (with Aqib Aslam, Emine Boz, Eugenio Cerutti, and Petia Topalova), IMF Economic Review, Vol. 66(3), pp. 440-479, 2018. 

 

"Medium-Term Fiscal Multipliers during Protracted Economic Contractions" (with Salvatore Dell'Erba and Ksenia Koloskova), Journal of Macroeconomics, Vol. 56, pp. 35-52, 2018. 

 

"Oil Prices and Inflation Dynamics: Evidence from Advanced and Developing Economies" (with Sangyup Choi, Davide Furceri, Prakash Loungani, and Saurabh Mishra), Journal of International Money and Finance, Vol. 82, pp. 71-96, 2018.

"Nowcashing: Using Daily Fiscal Data for Real-Time Macroeconomic Analysis" (with Florian Misch, Brian Olden, and Lamya Keiji). Published in: "Digital Revolutions in Public Finance" edited by S. Gupta, M. Keen, A. Shah, and G. Verdier, Chapter 6, pages 149-172. Washington: International Monetary Fund Publication Services, November 2017.

"Gone with the Headwinds: Global Productivity" (with Gustavo Adler, Romain Duval, Davide Furceri, Sinem Kiliç Çelik, and Ksenia Koloskova), IMF Staff Discussion Note 17/04, International Monetary Fund, April 2017.

"How do Experts Forecast Sovereign Spreads?" (with Jacopo Cimadomo and Peter Claeys), European Economic Review, Vol. 87(C), pp.216–235, 2016.

"Government Consumption Volatility and the Size of Nations" (with Davide Furceri and Sinem Kiliç Çelik), FinanzArchiv/Public Finance Analysis, Vol. 72(2), pp. 211–228, 2016.

"Current Account Norms in Natural Resource Rich and Capital Scarce Economies" (with Juliana Araujo, Bin (Grace) Li, and Luis-Felipe Zanna), Journal of Development Economics, Vol. 120, pp. 144–156, 2016.

"Fiscal Policy in Latin America: Lessons and Legacies of the Global Financial Crisis" (with Oya Celasun, Marialuz Moreno-Badia and others), IMF Staff Discussion Note SDN/15/06, International Monetary Fund, April 2015.

"Size of Fiscal Multipliers" (with Aiko Mineshima and Anke Weber). Published in: "Post-Crisis Fiscal Policy" edited by C. Cottarelli, P. Gerson, and A. Senhadji, Chapter III.12, pages 315-372. Cambridge, MA: MIT Press, July 2014.

"Fiscal Policy Response During the Crisis in Low-Income African Economies" (with Martine Guerguil and Anna Shabunina). Published in: "Post-Crisis Fiscal Policy" edited by C. Cottarelli, P. Gerson, and A. Senhadji, Chapter III.11, pages 287-314. Cambridge, MA: MIT Press, July 2014.

"Are There Any Distributive Effects of Land Title on Labor Supply? Evidence from Brazil" (with Mauricio de Moura and Caio Piza), IZA Journal of Labor & Development, Vol. 3, No. 11, June 2014.

"Fiscal Policy Implementation in Sub-Saharan Africa" (with Victor Lledó), World Development, Vol. 46(C), pages 79-91, 2013.

"Inflation Dynamics in the CEMAC Region" (with Carlos Caceres and Darlena Tartari), Journal of African Economies, Vol. 22, number 2, pp. 239–275, 2013.

"Fiscal Frameworks for Resource Rich Developing Countries" (with Thomas Baunsgaard, Mauricio Villafuerte, and Christine Richmond), IMF Staff Discussion Note SDN/12/04, International Monetary Fund, May 2012.

"Fiscal and Monetary Determinants of Inflation in Low-Income Countries: Theory and Evidence from Sub-Saharan Africa" (with Alfredo Baldini), Journal of African Economies, Vol. 20, No. 3, pp. 419-462, June 2011.

Disclaimer: This website should not be reported as representing the views of the IMF. The views expressed in this website are those of the author and do not necessarily represent those of the IMF or IMF policy.

 

Last updated: June 2021.