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Putting Public Investment to Work by Mariano Moszoro published by IMF (8/2021) "For countries on the path to recovery, reviving economic activity is a major priority. And what better way to support a come-back than by creating jobs. Our new IMF staff research shows that when governments spend on infrastructure, they create many new jobs. Drawing on a 19-year dataset of over 5,600 construction …
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The Economic Impact of COVID-19 Learning Deficits: A Survey of the Literature by Joana Elisa Maldonado, Anneleen Vandeplas and Lukas Vogel published by European Commission (2024). The COVID-19 pandemic has led to a temporary reduction in the quantity and quality of education, with school closures of varying degree implemented across the globe. This paper reviews the literature on learning deficits …
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The Economics of Information in a World of Disinformation: A Survey Part 1: Indirect Communication by Joseph E. Stiglitz and Andrew Kosenko published by NBER (1/2024). We survey aspects of the intellectual development of the economics of information from the 1970s to today. We focus here on models where information is communicated indirectly through actions. Basic results, such as the …
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A reforma previdenciária que faltou: a revisão das regras de aposentadoria rural por Fabio Giambiagi, Rogério Nagamine, Otávio Sidone publicado por FGV (1/2024). A reforma previdenciária de 2019 foi a mais ampla e profunda mudança legal desde a Constituição Federal de 1988. Entretanto, alguns pontos importantes ficaram pendentes de alteração como, por exemplo, a previdência rural, o Microempreendedor Individual (MEI) …
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AI Will Transform the Global Economy. Let’s Make Sure It Benefits Humanity by Kristalina Georgieva published by IMF (1/2024). AI will affect almost 40 percent of jobs around the world, replacing some and complementing others. We need a careful balance of policies to tap its potential We are on the brink of a technological revolution that could jumpstart productivity, boost …
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Gen-AI: Artificial Intelligence and the Future of Work prepared by Mauro Cazzaniga, Florence Jaumotte, Longji Li, Giovanni Melina, Augustus J. Panton, Carlo Pizzinelli, Emma Rockall, Marina M. Tavares published by IMF (1/2024). Artificial intelligence (AI) has the potential to reshape the global economy, especially in the realm of labor markets. Advanced economies will experience the benefits and pitfalls of AI …
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(Successful) Democracies Breed Their Own Support, by Daron Acemoglu, Nicolás Ajzenman, Martin Fiszbein, Cevat Giray Aksoy, Carlos Molina published by NBER (10/2023). Using large-scale survey data covering more than 110 countries and exploiting within country variation across cohorts and surveys, we show that individuals with longer exposure to democracy display stronger support for democratic institutions, and that this effect is …
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Intergovernmental coordination and fiscal performance by Leonardo Cezar Ribeiro, Carlos Eduardo Gasparini, Thiago Costa Monteiro Caldeira published by Journal of Economics and Political Economy (12/2023). This article evaluates the intergovernmental coordination of fiscal policy in Brazil, measured in terms of the synchronisation of fiscal responses adopted by the central and state governments between 2004 and 2016. An econometric analysis of …
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2023 OECD Digital Government Index: Results and Key Findings published by OECD (2023) "The OECD Digital Government Index (DGI) assesses the efforts made by governments to establish the foundations necessary for a digital transformation of the public sector that is coherent and human-centred. Building on the pilot exercise conducted in 2020, the DGI serves as a resource for policymakers to …
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