Ilzetzki, Ethan
Dr Ethan Ilzetzki
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Experience keywords:
international financial institutions; international macroeconomics; economic development; macroeconomics; development macroeconomics; international finance; fiscal policy
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Ethan Ilzetzki's research focuses on the macroeconomics of fiscal policy. His work combines both theory and empirical studies in an attempt to shed light on the conduct and effects of fiscal policy, with a particular interest in the fiscal policy in developing countries.
Examples of Ethan's recent research include his study 'Rent-Seeking Distortions and Fiscal Procyclicality', which combines macroeconomic methods with insights from political economy with the aim of explaining the behavior of fiscal policymakers in developing countries. His research 'How Big (Small?) are Fiscal Multipliers?' (with Carlos A. Vegh and Enrique E. Mendoza) shows that fiscal policy can be very effective in closed economies and those with fixed exchange rates, but is not as potent in open countries and those with flexible exchange rates. It also demonstrates that fiscal policy can be counterproductive in highly indebted developing countries, and that government investment is a more potent fiscal tool than other forms of government spending.
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Languages: Hebrew [Spoken: Fluent, Written: Fluent]; French [Spoken: Intermediate, Written: Intermediate]; German [Spoken: Intermediate, Written: Intermediate]; Spanish [Spoken: Intermediate, Written: Intermediate]
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The following references are sourced from LSE Research Online|. References that are linked lead to the full text.
Besley, Timothy and Ilzetzki, Ethan and Persson, Torsten (2013) Weak states and steady states: the dynamics of fiscal capacity. American economic journal: macroeconomics, ISSN 1945-7707 Ilzetzki, Ethan and Mendoza, Enrique G. and Végh Gramont, Carlos A. (2012) How big (small?) are fiscal multipliers?. Journal of monetary economics, online ISSN 0304-3932 Ilzetzki, Ethan and Mendoza, Enrique G. and Végh Gramont, Carlos A. (2012) How big (small?) are fiscal multipliers?. Journal of monetary economics, ISSN 0304-3932 Ilzetzki, Ethan (2011) Rent-seeking distortions and fiscal procyclicality. Journal of development economics, 96 (1). pp. 30-46. ISSN 0304-3878 Ilzetzki, Ethan and Mendoza, Enrique G. and Végh Gramont, Carlos A. (2011) How big (small?) are fiscal multipliers?. Working Paper, 11/52. International Monetary Fund Besley, Timothy and Ilzetzki, Ethan and Persson, Torsten (2010) Weak states and steady states: the dynamics of fiscal capacity. In:. Centre for Economic Performance, and Machin, Stephen and Van Reenen, John and Wadsworth, Jonathan and Marie, Olivier and McNally, Sandra and Cooper, Zack and McGuire, Alistair and Bell, Brian and Garicano, Luis and Petrongolo, Barbara and Cunningham, Tom and Ilzetzki, Ethan and Overman, Henry G. and Martin, Ralf (2010) CEP election analysis 2010: a series discussing the research evidence on some of the key battlegrounds of the 2010 General Election. Centre for Economic Performance, London School of Economics and Political Science, London, UK
LSE Research Online is the primary resource for references to publications. For queries or updates please email the LSE Research Online team at lseresearchonline@lse.ac.uk|.
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