The World Technology Frontier (2009)
Wilbur John, Coleman Ii, Pietro Peretto, Richard Rogerson, James Schmitz, ...
We study cross-country differences in the aggregate production function when skilled and unskilled labor are imperfect substitutes. We find that there is a skill bias in cross-country technology...
Macroeconomic effects of terms-of-trade shocks : the case of oil-exporting countries
Spatafora, Nikola, Warner, Andrew
The authors investigate the impact on economic growth and development of long-run movements in the external terms of trade, with special reference to the experience of 18 oil-exporting countries...
Oil Shocks and External Balances
Kilian, Lutz, Rebucci, Alessandro, Spatafora, Nikola
This paper studies the effects of demand and supply shocks in the global crude oil market on several measures of countries’ external balance, including the oil trade balance, the non-oil trade...
Oil Shocks and External Balances
Lutz Kilian, Alessandro Rebucci, Nikola Spatafora
This paper studies the effects of demand and supply shocks in the global crude oil market on several measures of countries' external balance, including the oil and non-oil trade balances, the current...
Asia Rising: A Sectoral Perspective
Nikola Spatafora, Florence Jaumotte
This paper undertakes a cross-country analysis of productivity growth at both the aggregate and sectoral level. It finds that Asia's remarkable output growth over the past 40 years reflected both...
Remittances : transaction costs, determinants, and informal flows
Freund, Caroline, Spatafora, Nikola
Recorded workers'remittances to developing countries have grown rapidly, to more than $100 billion in 2004, bringing increasing attention to these flows as a potential tool for development. But even...
Oil Shocks and External Balances
Lutz Kilian, Alessandro Rebucci, Nikola Spatafora
This paper studies the effects of demand and supply shocks in the global crude oil market on several measures of countries’ external balance, including the oil trade balance, the non-oil trade...
Nikola Spatafora, Andrew M. Warner
Terms of trade , Oil exports , Developing countries ,
The Equilibrium Real Exchange Rate in a Commodity Exporting Country: The Case of Russia
Emil Stavrev, Nikola Spatafora
Questions about external competitiveness, exchange rate misalignment, and the appropriate exchange rate policy feature prominently in the Russian policy debate. This paper furthers the debate by...
Remittances, transaction costs, and informality
Freund, Caroline, Spatafora, Nikola
Recorded workers' remittances to developing countries reached $167Â billion in 2005, bringing increasing attention to these flows as a potential tool for development. In this paper, we explore the...
Oil shocks and external balances
Kilian, Lutz, Rebucci, Alessandro, Spatafora, Nikola
We provide estimates of the effects of demand and supply shocks in the global crude oil market on several measures of oil exporters' and oil importers' external balances, including the oil trade...
Commodity Terms of Trade: The History of Booms and Busts
Irina Tytell, Nikola Spatafora
We compile a historical dataset covering nearly 40 years of booms and busts in the commodity terms of trade of over 150 countries. We discuss the characteristics of these events and their effects on...