RESEARCH
Journal Publications
Do sovereign credit rating events affect the foreign exchange market? Southern Economic Journal, 2023 (with Alexandru Minea and Cezara Vinturis)
IMF Programs and Economic Growth: a Meta-Analysis, Journal of Development Economics , 153 , 2021 (with Anna Sokolova), (WP).
IMF-Supported Programs and Sovereign Debt Crises, IMF Economic Review, 69, 427-465, 2021 (with Amadou Sy), (WP).
Inflation Targeting: Genuine Effects or Publication Selection Bias? European Economic Review, 128, 103520, 2020 (with René Tapsoba and Eric Kilama), (WP).
Coups d’État and the Cost of Debt, Journal of Comparative Economics, 48, 3, 509-528, 2020.
Coups d'État and the Foreign Exchange Market, World Economy, 43, 1928-50, 2020.
The “Dark Side” of Credit Default Swaps Initiation: A Close Look at Sovereign Debt Crises, Macroeconomic Dynamics, 25, 1, 124-153, 2021 (with Alexandru Minea and Jean-Louis Combes).
Remittances and bond yield spreads in emerging market economies, Review of International Economics, 17, 1, 448-67, 2019 (with Jean-Louis Combes).
Sovereign debt risk in emerging market economies: Does inflation targeting adoption make any difference? Journal of International Money and Finance, 70, 360-77, 2017 (with Alexandru Minea and Jean-Louis Combes).
Do domestic bond markets participation help reduce financial dollarization in developing countries? Economic Modelling, 66, 146-55, 2017.
Bond markets initiation and tax revenue mobilization in developing countries, Southern Economic Journal, 83, 2, 550-72, 2016 (with Alexandru Minea and Jean-Louis Combes).
Research in Progress
The Output Cost of Sovereign Defaults: a Meta-Analysis (with Anna Sokolova).
Point targets, tolerance bands or target ranges? The role of inflation targeting institutional features.
Bank Lending and Bondholding Behavior around Single and Twin Crises.
Policy Reports
Steady But Slow: Resilience Amid Divergence, World Economic Outlook, Chapter 1, April 2024.
Moderating Inflation and Steady Growth Open Path to Soft Landing, World Economic Outlook Update, January 2024.
Assessing the Impact of Structural Reforms on Potential Output: The Case of Morocco, IMF wp 2023/222 , October 2023 (with Olivier Bizimana and Ananta Dua).
Raising Morocco's Potential Growth: Assessing the Impact of Structural Reforms, Book Chapter 5 in Morocco's Quest for Stronger and Inclusive Growth, October 2023 (with Olivier Bizimana and Ananta Dua).
Trade Integration in Africa: Unleashing the Continent's Potential in a Changing World, IMF MCD/AFR Departmental Paper, May 2023 (with IMF colleagues).
Addressing Gender Gaps in MENA Labor Markets, Book Chapter 5 in Promoting Inclusive Growth in the Middle East and North Africa: Challenges and Opportunities in a Post-Pandemic World, October 2022 (with Diego Gomes).
Informality, Development and the Business Cycle in North Africa, IMF MCD Departmental Paper. (Short Presentation), June 2022 (with IMF colleagues).
Issues in Restructuring of Sovereign Domestic Debt, IMF Policy Paper, December 2021 (with IMF colleagues).
Trinidad and Tobago Technical Note: Macroprudential Policy and Vulnerabilities, February 2020.
Trinidad and Tobago Technical Note: Stress Tests, February 2020 (with Ivan Guerra and Matthew Sullivan).
Sharing the Dividends of Growth, IMF SIP, May 2019 (with Monique Newiak).
Boosting Competitiveness to Foster Trade Performance, Weather Terms-of-Trade Shocks and Support External Buffer, IMF SIP, May 2019.
Growth Acceleration in the West African Economic and Monetary Union, IMF SIP, April 2018.
Demographic Explosion in the Sahel: Dividend or Burden? World Bank WP, September 2016.
Burkina Faso - First Energy and Fiscal Management Development Policy Financing, World Bank Program Document, November 2016.
Review of the financial management of the defense and security forces in the Central African Republic, World Bank WP, October 2016.
Permanent Working Papers
External Private Financing and Domestic Revenue Mobilization: A Dilemma? IMF wp 20/230 (with Deirdre Daly and Boileau Loko).