Brigitte Desroches - Latest

• World Real Interest Rates: A Global Savings and Investment Perspective

  Staff Working Paper 2007-16 Brigitte Desroches, Michael Francis

  Over the past 15 years, long-term interest rates have declined to levels not seen since the 1970s. This paper explores possible shifts in global savings and investment that have led to this fall in the world real interest rate.

  Content Type(s): Staff research, Staff working papers Topic(s): Interest rates, International topics JEL Code(s): E, E2, E4, F, F3

• Institutional Quality, Trade, and the Changing Distribution of World Income

  Staff Working Paper 2006-19 Brigitte Desroches, Michael Francis

  Conventional wisdom holds that institutional changes and trade liberalization are two main sources of growth in per capita income around the world.

  Content Type(s): Staff research, Staff working papers Topic(s): Development economics, International topics JEL Code(s): F, F1, F11, F15, O, O1, O11, P, P4, P48

• The Transmission of World Shocks to Emerging-Market Countries: An Empirical Analysis

  Staff Working Paper 2004-44 Brigitte Desroches

  The first step in designing effective policies to stabilize an economy is to understand business cycles. No country is isolated from the world economy and external shocks are becoming increasingly important.

  Content Type(s): Staff research, Staff working papers Topic(s): Exchange rate regimes, International topics, Monetary policy transmission JEL Code(s): E, E3, E30, E32, E6, E61, F, F0, F02

• The Usefulness of Consumer Confidence Indexes in the United States

  Staff Working Paper 2002-22 Brigitte Desroches, Marc-André Gosselin

  This paper assesses the usefulness of consumer confidence indexes in forecasting aggregate consumer spending in the United States.

  Content Type(s): Staff research, Staff working papers Topic(s): Domestic demand and components, Economic models, International topics JEL Code(s): D, D1, D12, E, E2, E21, E27