IDEAS home Printed from https://ideas.repec.org/e/pgh198.html

Mishel Ghassibe

Personal Details

First Name:Mishel
Middle Name:
Last Name:Ghassibe
Suffix:
RePEc Short-ID:pgh198
[This author has chosen not to make the email address public]
http://sites.google.com/view/mishel-ghassibe

Affiliation

Department of Economics
Oxford University

Oxford, United Kingdom
http://www.economics.ox.ac.uk/
RePEc:edi:sfeixuk (more details at EDIRC)

Research output

as
Jump to: Working papers Articles

Working papers

  1. Mishel Ghassibe & Francesco Zanetti, 2022. "State Dependence of Fiscal Multipliers: The Source of Fluctuations Matters," Discussion Papers 2208, Centre for Macroeconomics (CFM).
  2. Mishel Ghassibe & Maximiliano Appendino & Samir Elsadek Mahmoudi, 2019. "SME Financial Inclusion for Sustained Growth in the Middle East and Central Asia," IMF Working Papers 2019/209, International Monetary Fund.

Articles

  1. Ghassibe, Mishel, 2021. "Monetary policy and production networks: an empirical investigation," Journal of Monetary Economics, Elsevier, vol. 119(C), pages 21-39.

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Mishel Ghassibe & Francesco Zanetti, 2022. "State Dependence of Fiscal Multipliers: The Source of Fluctuations Matters," Discussion Papers 2208, Centre for Macroeconomics (CFM).

    Cited by:

    1. Hack, Lukas & Istrefi, Klodiana & Meier, Matthias, 2023. "Identification of systematic monetary policy," Working Paper Series 2851, European Central Bank.
    2. Fernández Romero, Daniel, 2025. "The fiscal multiplier in presence of unconventional monetary policy: Evidence for 17 OECD countries," Economic Modelling, Elsevier, vol. 147(C).
    3. Michele Fratianni & Federico Giri & Riccardo Lucchetti & Francesco Valentini, 2022. "Monetization, wars, and the Italian fiscal multiplier," Mo.Fi.R. Working Papers 176, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
    4. IWATA, Yasuharu & IIBOSHI, Hirokuni, 2023. "The Nexus between Public Debt and the Government Spending Multiplier: Fiscal Adjustments Matter," MPRA Paper 116355, University Library of Munich, Germany.
    5. Jesús Fernández-Villaverde & Federico S. Mandelman & Yang Yu & Francesco Zanetti, 2021. "The "Matthew Effect" and Market Concentration: Search Complementarities and Monopsony Power," FRB Atlanta Working Paper 2021-4, Federal Reserve Bank of Atlanta.
    6. Duque Gabriel, Ricardo & Klein, Mathias & Nöller, Marvin, 2025. "Fiscal multipliers and political fragmentation," Ruhr Economic Papers 1175, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    7. Pablo Garcia & Pascal Jacquinot & ÄŒrt LenarÄ iÄ & Matija Lozej & Kostas Mavromatis, 2023. "Global models for a global pandemic: the impact of COVID-19 on small euro area economies," Working Papers 782, DNB.
    8. Gonçalves, Sílvia & Herrera, Ana María & Kilian, Lutz & Pesavento, Elena, 2024. "State-dependent local projections," Journal of Econometrics, Elsevier, vol. 244(2).
    9. Xiwen Bai & Jesús Fernández-Villaverde & Yiliang Li & Francesco Zanetti, 2024. "The Causal Effects of Global Supply Chain Disruptions on Macroeconomic Outcomes: Evidence and Theory," CESifo Working Paper Series 10930, CESifo.
    10. Balleer, Almut & Noeller, Marvin, 2023. "Monetary policy in the presence of supply constraints: Evidence from German firm-level data," Ruhr Economic Papers 1060, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    11. Melosi, Leonardo & Rogantini Picco, Anna & Morita, Hiroshi & Zanetti, Francesco, 2025. "The signaling effects of fiscal announcements," Working Paper Series 3110, European Central Bank.
    12. Almut Balleer & Marvin Noeller, 2023. "Monetary Policy in the Presence of Supply Constraints: Evidence from German Firm-Level Data," CESifo Working Paper Series 10261, CESifo.
    13. Jesus Fernandez-Villaverde & Yang Yu & Francesco Zanetti, 2024. "Technological Synergies, Heterogeneous Firms, and Idiosyncratic Volatility," PIER Working Paper Archive 24-008, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    14. Masataka Eguchi & Hidekazu Niwa & Takayuki Tsuruga, 2024. "Should the Fiscal Authority Avoid Implementation Lag?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 86(4), pages 856-870, August.
    15. Jacques Sapir, 2023. "The Macroeconomic Impact of the New Geopolitical Deal on the French Economy," Studies on Russian Economic Development, Springer, vol. 34(3), pages 308-319, June.
    16. Olesya V. Polyakova, 2023. "Эффективность Фискальной Политики В Разных Условиях Функционирования Экономики," Russian Economic Development (in Russian), Gaidar Institute for Economic Policy, issue 10, pages 45-52, October.
    17. Francesco Zanetti & Masashige Hamano & Philip Schnattinger & Mototsugu Shintani & Iichiro Uesugi, 2025. "Credit Market Tightness and Zombie Firms: Theory and Evidence," CIGS Working Paper Series 25-005E, The Canon Institute for Global Studies.
    18. Dennis Bonam & Paul Konietschke, 2020. "Tax multipliers across the business cycle," Working Papers 699, DNB.
    19. Nöller, Marvin & Balleer, Almut, 2023. "Monetary Policy in the Presence of Supply Constraints: Evidence from German Firm-level Data," VfS Annual Conference 2023 (Regensburg): Growth and the "sociale Frage" 277638, Verein für Socialpolitik / German Economic Association.
    20. Jesus Fernandez-Villaverde & Federico Mandelman & Yang Yu & Francesco Zanetti, 2019. "Search Complementarities, Aggregate Fluctuations, and Fiscal Policy," PIER Working Paper Archive 19-016, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    21. Mario Di Serio & Matteo Fragetta & Emanuel Gasteiger, 2020. "The Government Spending Multiplier at the Zero Lower Bound: Evidence from the United States," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 82(6), pages 1262-1294, December.
    22. Alex Grimaud, 2023. "Unemployment Risk and Discretionary Fiscal Spending," Department of Economics Working Papers wuwp335, Vienna University of Economics and Business, Department of Economics.
    23. Olesya V. Polyakova, 2023. "Effectiveness of Fiscal Policy in Different Economic Conditions [Эффективность Фискальной Политики В Разных Условиях Функционирования Экономики]," Russian Economic Development, Gaidar Institute for Economic Policy, issue 10, pages 45-52, October.
    24. Haug, Alfred A. & Sznajderska, Anna, 2024. "Government spending multipliers: Is there a difference between government consumption and investment purchases?," Journal of Macroeconomics, Elsevier, vol. 79(C).
    25. Alan J. Auerbach & Yuriy Gorodnichenko & Peter McCrory & Daniel Murphy, 2021. "Fiscal Multipliers in the COVID19 Recession," NBER Working Papers 29531, National Bureau of Economic Research, Inc.
    26. Mario Di Serio & Matteo Fragetta & Emanuel Gasteiger & Giovanni Melina, 2022. "The Euro Area Government Spending Multiplier in Demand- and Supply-Driven Recessions," CESifo Working Paper Series 9678, CESifo.
    27. Ziegenbein, Alexander, 2024. "When are tax multipliers large?," Journal of Economic Dynamics and Control, Elsevier, vol. 158(C).
    28. Michau, Jean-Baptiste, 2025. "Fiscal policy under secular stagnation: An optimal pump-priming strategy," Journal of Economic Dynamics and Control, Elsevier, vol. 175(C).
    29. Adam Hale Shapiro, "undated". "Decomposing Supply and Demand Driven Inflation," RBA Annual Conference Papers acp2023-03, Reserve Bank of Australia, revised Nov 2023.
    30. Tovar Jalles, João & Park, Donghyun & Qureshi, Irfan, 2024. "Public and Private Investment as Catalysts for Growth: An analysis of emerging markets and developing economies with a focus on Asia," Journal of International Money and Finance, Elsevier, vol. 148(C).
    31. Stefano Di Bucchianico & Mario Di Serio & Matteo Fragetta & Giovanni Melina, 2025. "Time-Varying Impacts of Government Spending on CO2 Emissions," CESifo Working Paper Series 11960, CESifo.
    32. Nalban, Valeriu & Smădu, Andra, 2021. "Asymmetric effects of uncertainty shocks: Normal times and financial disruptions are different," Journal of Macroeconomics, Elsevier, vol. 69(C).
    33. Melosi, Leonardo & Morita, Hiroshi & Rogantini Picco, Anna & Zanetti, Francesco, 2025. "The Signaling Effects of Fiscal Announcements," Working Paper Series 455, Sveriges Riksbank (Central Bank of Sweden).
    34. João Tovar Jalles & Donghyun Park & Irfan Qureshi, 2024. "Public versus Private Investment Multipliers in Emerging Market and Developing Economies: Cross-Country Analysis with a Focus on Asia," ADB Economics Working Paper Series 737, Asian Development Bank.
    35. Mr. Tidiane Kinda & Andras Lengyel & Kaustubh Chahande, 2022. "Fiscal Multipliers During Pandemics," IMF Working Papers 2022/149, International Monetary Fund.
    36. Amat Adarov & Clements,Benedict & Jalles,João Tovar, 2024. "Revisiting Public Investment Multipliers : Nonlinear Effects of the Business Cycle, Fiscal Space, Efficiency, and Capital Stock," Policy Research Working Paper Series 10954, The World Bank.
    37. Kennedy, Austin, 2025. "Fiscal spillovers through informal financial channels," Journal of International Money and Finance, Elsevier, vol. 157(C).
    38. Giovanna Ciaffi & Matteo Deleidi & Michele Capriati, 2024. "Government spending, multipliers, and public debt sustainability: an empirical assessment for OECD countries," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 41(2), pages 521-542, July.
    39. Davide Debortoli & Mario Forni & Luca Gambetti & Luca Sala, 2020. "Asymmetric Effects of Monetary Policy Easing and Tightening," Center for Economic Research (RECent) 146, University of Modena and Reggio E., Dept. of Economics "Marco Biagi".
    40. IIBOSHI, Hirokuni & IWATA, Yasuharu, 2023. "The Nexus between Public Debt and the Government Spending Multiplier: Fiscal Adjustments Matter," MPRA Paper 116347, University Library of Munich, Germany.
    41. Austin Kennedy, 2025. "Fiscal Spillovers through Informal Financial Channels," Papers 2508.06662, arXiv.org.
    42. James Cloyne & Òscar Jordà & Alan M. Taylor, 2023. "State-Dependent Local Projections: Understanding Impulse Response Heterogeneity," Working Paper Series 2023-05, Federal Reserve Bank of San Francisco.
    43. Charles de Beauffort, 2024. "Looking Beyond the Trap: Fiscal Legacy and Central Bank Independence," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 86(2), pages 385-416, April.
    44. Tayler, William J. & Zilberman, Roy, 2024. "Unconventional policies in state-dependent liquidity traps," Journal of Economic Dynamics and Control, Elsevier, vol. 168(C).
    45. Stefano Grassi & Marco Lorusso & Francesco Ravazzolo, 2025. "Adaptive Importance Sampling Estimation of an Open Economy Model with Fiscal Policy," BEMPS - Bozen Economics & Management Paper Series BEMPS111, Faculty of Economics and Management at the Free University of Bozen.
    46. Yoon J. Jo & Sarah Zubairy, 2021. "State dependent government spending multipliers: Downward nominal wage rigidity and sources of business cycle fluctuations," Working Papers 20210127-001, Texas A&M University, Department of Economics.
    47. Hideaki Matsuoka, 2022. "Debt Intolerance: Threshold Level and Composition," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 84(4), pages 894-932, August.
    48. Marco Amendola & Marcelo C. Pereira, 2025. "Are fiscal multipliers state dependent? Insights from an agent-based model," LEM Papers Series 2025/10, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    49. Philips, Abiodun S., 2023. "Institutional enforcement of environmental fiscal stance and energy stock markets performance: Evaluating for returns and risk among connected markets," Energy, Elsevier, vol. 263(PE).
    50. William Tayler & Roy Zilberman, 2023. "Unconventional Policies in State-Contingent Liquidity Traps," Working Papers 400233890, Lancaster University Management School, Economics Department.
    51. Oliver Hülsewig & Horst Rottmann, 2022. "Euro Area Periphery Countries' Fiscal Policy and Monetary Policy Surprises," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 84(3), pages 544-568, June.
    52. Paras Sachdeva & Wasim Ahmad & N. R. Bhanumurthy, 2024. "Public expenditure multiplier across business cycle phases in an emerging economy: new empirical evidence and dimension," Empirical Economics, Springer, vol. 66(1), pages 279-299, January.
    53. Mishel Ghassibe, 2024. "Endogenous Production Networks and Non-Linear Monetary Transmission," Working Papers 1449, Barcelona School of Economics.

  2. Mishel Ghassibe & Maximiliano Appendino & Samir Elsadek Mahmoudi, 2019. "SME Financial Inclusion for Sustained Growth in the Middle East and Central Asia," IMF Working Papers 2019/209, International Monetary Fund.

    Cited by:

    1. Naima Lassoued & Imen Khanchel & Imen Fakhfakh & Mehdi Etteyeb, 2024. "Entrepreneur characteristics and financing patterns in SMES of MENA countries: Overcoming the burdens of liability of newness," Journal of International Development, John Wiley & Sons, Ltd., vol. 36(2), pages 1507-1535, March.
    2. Ștefan Cristian Gherghina & Mihai Alexandru Botezatu & Alexandra Hosszu & Liliana Nicoleta Simionescu, 2020. "Small and Medium-Sized Enterprises (SMEs): The Engine of Economic Growth through Investments and Innovation," Sustainability, MDPI, vol. 12(1), pages 1-22, January.
    3. Brixiová, Zuzana & Kangoye, Thierry & Yogo, Thierry Urbain, 2020. "Access to finance among small and medium-sized enterprises and job creation in Africa," Structural Change and Economic Dynamics, Elsevier, vol. 55(C), pages 177-189.
    4. Liao, Qinghu & Erzurumlu, Yaman Omer & Gozgor, Giray, 2025. "Impact of market regulations on firm-specific esg performance: evidence from asian economies," Research in International Business and Finance, Elsevier, vol. 76(C).
    5. Zhang, Xiaolei & Zhou, Cai & Li, Ziyun & Sun, Wenping, 2025. "Can internet finance promote employment absorption by township enterprises in China?," Pacific-Basin Finance Journal, Elsevier, vol. 91(C).
    6. Damane, Moeti & Ho, Sin-Yu, 2024. "The impact of financial inclusion on financial stability: review of theories and international evidence," MPRA Paper 120369, University Library of Munich, Germany.
    7. Mohammad Naim Azimi, 2022. "New insights into the impact of financial inclusion on economic growth: A global perspective," PLOS ONE, Public Library of Science, vol. 17(11), pages 1-25, November.

Articles

  1. Ghassibe, Mishel, 2021. "Monetary policy and production networks: an empirical investigation," Journal of Monetary Economics, Elsevier, vol. 119(C), pages 21-39.

    Cited by:

    1. Matteo Ficarra & Rebecca Mari, 2025. "Weathering the storm: sectoral economic and inflationary effects of floods and the role of adaptation," Bank of England working papers 1120, Bank of England.
    2. Marco Flaccadoro, 2022. "Exchange rate pass-through in small, open, commodity-exporting economies: lessons from Canada," Temi di discussione (Economic working papers) 1368, Bank of Italy, Economic Research and International Relations Area.
    3. Qi, Tong & Ying, Jiezhou, 2025. "U.S. monetary policy and portfolio spillover effects: The role of global production network," Journal of International Money and Finance, Elsevier, vol. 151(C).
    4. Francesco Ferrante & Sebastian Graves & Matteo Iacoviello, 2023. "The Inflationary Effects of Sectoral Reallocation," International Finance Discussion Papers 1369, Board of Governors of the Federal Reserve System (U.S.).
    5. Almut Balleer & Marvin Noeller, 2023. "Monetary Policy in the Presence of Supply Constraints: Evidence from German Firm-Level Data," CESifo Working Paper Series 10261, CESifo.
    6. Petre Caraiani, 2023. "Monetary Policy Shocks and Input–Output Characteristics of Production Networks," JRFM, MDPI, vol. 16(3), pages 1-13, March.
    7. Alvaro Ortiz & Tomasa Rodrigo & David Sarasa & Sirenia Vazquez, 2025. "What Can 240,000 New Credit Transactions Tell Us About the Impact of NGEU Funds?," Papers 2504.01964, arXiv.org, revised Apr 2025.
    8. Hummaira Jabeen, 2022. "Monetary Policy Shock Transmission in Emerging Markets," Journal of Policy Research (JPR), Research Foundation for Humanity (RFH), vol. 8(4), pages 379-390, December.
    9. Luo, Zhechong & Wang, Xiaoming & Zhou, Shangyao, 2025. "Cascades of financial distortions in production network," Pacific-Basin Finance Journal, Elsevier, vol. 92(C).
    10. Laumer, Sebastian & Schaffer, Matthew, 2025. "Monetary policy transmission under supply chain pressure," European Economic Review, Elsevier, vol. 172(C).
    11. Emiliano Brancaccio & Raffaele Giammetti & Milena Lopreite & Michelangelo Puliga, 2019. "Monetary Policy, Crisis and Capital Centralization in Corporate Ownership and Control Networks: a B-Var Analysis," LEM Papers Series 2019/28, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    12. Xu, Zhihao & Yu, Changhua, 2025. "Optimal monetary policy in production networks with distortions," Journal of Economic Theory, Elsevier, vol. 225(C).
    13. Alvaro Ortiz & Tomasa Rodrigo & David Sarasa Flores & Pedro Torinos & Sirenia Vázquez, 2025. "España | ¿Qué dicen 240.000 nuevas operaciones de crédito sobre el impacto de fondos NGEU? [Spain | What can 240,000 new credit transactions tell us about the impact of NGEU funds?]," Working Papers 25/03, BBVA Bank, Economic Research Department.
    14. Jennifer La'O & Alireza Tahbaz‐Salehi, 2022. "Optimal Monetary Policy in Production Networks," Econometrica, Econometric Society, vol. 90(3), pages 1295-1336, May.
    15. BBVA Research, 2025. "España | Los breves desfases de la Política Monetaria [Spain | The Short Lags of Monetary Policy]," Working Papers 25/08, BBVA Bank, Economic Research Department.
    16. Uluc Aysun & Zeynep Yom, 2025. "Technology creation, business cycles and monetary transmission," Villanova School of Business Department of Economics and Statistics Working Paper Series 61, Villanova School of Business Department of Economics and Statistics.
    17. Zhiqiang Lan & Zhaoyu Guo & Guoyao Wu & Ye Guo, 2025. "The Impact of Monetary Policy Through Production Networks—Empirical Evidence from Sectoral Electricity Consumption in China," Sustainability, MDPI, vol. 17(19), pages 1-24, October.
    18. Afonso S. Moura & Gergely Buda & Vasco M. Carvalho & Giancarlo Corsetti & João B. Duarte & Stephen Hansen & Álvaro Ortiz & Tomasa Rodrigo & José V. Rodríguez Mora & Guilherme Alves da Silva, 2025. "The Short Lags of Monetary Policy," Working Papers w202501, Banco de Portugal, Economics and Research Department.
    19. Mihaela Simionescu & Nicolas Schneider, 2023. "Monetary shocks and production network in the G7 countries," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 12(1), pages 1-32, December.
    20. Gnocato, Nicolò & Montes-Galdón, Carlos & Stamato, Giovanni, 2025. "Tariffs across the supply chain," Working Paper Series 3081, European Central Bank.
    21. Wu, Shan & Zou, Mengqi & Jin, Tongen, 2025. "Data element marketization and corporate investment efficiency: Evidence from China," International Review of Financial Analysis, Elsevier, vol. 104(PA).
    22. Gergely Buda & Vasco M. Carvalho & Giancarlo Corsetti & João Duarte & Stephen Hansen & Afonso Pereira da Silva & Alvaro Ortiz & Tomasa Rodrigo & Guilherme Alves da Silva & José V. Rodríguez Mora, 2025. "España | Los cortos retardos de la política monetaria [Spain | The Short Lags of Monetary Policy]," Working Papers 25/02, BBVA Bank, Economic Research Department.
    23. Hassan Afrouzi & Saroj Bhattarai, 2023. "Inflation and GDP Dynamics in Production Networks: A Sufficient Statistics Approach," CESifo Working Paper Series 10416, CESifo.
    24. Uluc Aysun & Sewon Hur & Zeynep Yom, 2025. "Technology creation and monetary transmission," Working Papers 2025-02, University of Central Florida, Department of Economics.

More information

Research fields, statistics, top rankings, if available.

Statistics

Access and download statistics for all items

Co-authorship network on CollEc

Corrections

All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. For general information on how to correct material on RePEc, see these instructions.

To update listings or check citations waiting for approval, Mishel Ghassibe should log into the RePEc Author Service.

To make corrections to the bibliographic information of a particular item, find the technical contact on the abstract page of that item. There, details are also given on how to add or correct references and citations.

To link different versions of the same work, where versions have a different title, use this form. Note that if the versions have a very similar title and are in the author's profile, the links will usually be created automatically.

Please note that most corrections can take a couple of weeks to filter through the various RePEc services.

IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.