J
Jonathan D. Ostry
Researcher at International Monetary Fund
Publications - 239
Citations - 12986
Jonathan D. Ostry is an academic researcher from International Monetary Fund. The author has contributed to research in topics: Exchange rate & Emerging markets. The author has an hindex of 59, co-authored 232 publications receiving 11776 citations. Previous affiliations of Jonathan D. Ostry include Center for Economic and Policy Research & Stockholm School of Economics.
Papers
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Journal ArticleDOI
Redistribution, Inequality, and Growth
TL;DR: In this paper, the authors show that from the perspective of the best available macroeconomic data, there is not a lot of evidence that redistribution has in fact undercut economic growth (except in extreme cases).
Book
Capital Inflows: The Role of Controls
Jonathan D. Ostry,Atish R. Ghosh,Karl Habermeier,Marcos Chamon,Mahvash S. Qureshi,Dennis Reinhardt +5 more
TL;DR: In this paper, the authors propose a new regulation mechanism of capital flow to deal with the impact of potentially destabilizing short-term capital inflows in individual-country point of view, where the usual elements of the toolkit to manage inflows include currency appreciation, reserves accumulation, adjustments in fiscal and monetary policy and strengthening the prudential framework.
Posted Content
Inequality and Unsustainable Growth : Two Sides of the Same Coin?
Jonathan D. Ostry,Andrew Berg +1 more
TL;DR: In this article, the authors argue that more equality in the income distribution is associated with longer-lived growth spells and that broad redistributive policies are not necessarily pro-growth, as these can have strong disincentive effects.
Posted Content
Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies
TL;DR: The authors use a stochastic ability-to-pay model of sovereign default in which risk-neutral investors lend to a government that displays "fiscal fatigue," because its ability to increase primary balances cannot keep pace with rising debt.
Journal ArticleDOI
Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies
TL;DR: The authors used a stochastic model of sovereign default in which risk-neutral investors lend to a government that displays "fiscal fatigue" whereby its ability to increase primary balances cannot keep pace with rising debt.