Publication Update
We are pleased to announce the latest working paper (WP6/2026), authored by SEACEN MMPM Director Dr. Donghyun Park, Prof. Joao Tovar Jalles( Lisbon School of Economics and Management), and John Beirne (ADB). The authors examine how institutional, fiscal, and external conditions shape monetary transmission in 40 economies over 1991–2022. Using forecast-based policy innovations and local…
Publication Update
We are pleased to announce the latest working paper (WP5/2026), authored by SEACEN MMPM Director Dr. Donghyun Park, Prof. Joao Tovar Jalles( Lisbon School of Economics and Management), and John Beirne (ADB). The authors quantify green fiscal multipliers by constructing country-specific, residual-based shocks to environmental protection expenditures, and trace their effects on macroeconomic and environmental…
New Working Paper!
We are pleased to announce the publication of a new Working Paper by Dr Donghyun Park, Director of MMPM and co-authors Gazi Salah Uddin, Anh H. Le, Naoki Yago and John Beirne: (WP3/2026) Global Fragmentation, Fiscal Policy, and Economic Growth: A Cross-country Analysis This paper studies the macroeconomic implications of geopolitical risks and the role…
New Working Paper!
We are pleased to announce the publication of a new Working Paper by Dr Donghyun Park, Director of MMPM and co-authors Yang ZHANG, Ziang QIU, and Shu TIAN: (WP2/2026) Role of Artificial Intelligence in Finance: Selective Literature Review and Implications for Asia’s Financial Stability This paper provides a comprehensive systematic review of the transformative impact…