Imf Staff Papers Volume 51 Special Issue Imf Fourth Annual Research Conference


Imf Staff Papers Volume 51 Special Issue Imf Fourth Annual Research Conference
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Imf Staff Papers


Imf Staff Papers
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Author : Ashoka Mody
language : en
Publisher:
Release Date : 2004

Imf Staff Papers written by Ashoka Mody and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with categories.


This is the 2004 (Volume 51) Special Issue of IMF Staff Papers, which includes 6 selected papers (from more than 20) that were presented at the IMF's Fourth Annual Research Conference, November 6-7, 2003.



Imf Staff Papers Volume 51 Special Issue Imf Fourth Annual Research Conference


Imf Staff Papers Volume 51 Special Issue Imf Fourth Annual Research Conference
DOWNLOAD

Author : Mr.Ashoka Mody
language : en
Publisher: International Monetary Fund
Release Date : 2004-06-10

Imf Staff Papers Volume 51 Special Issue Imf Fourth Annual Research Conference written by Mr.Ashoka Mody and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-06-10 with Business & Economics categories.


This is the 2004 (Volume 51) Special Issue of IMF Staff Papers, which includes 6 selected papers (from more than 20) that were presented at the IMF's Fourth Annual Research Conference, November 6-7, 2003.



Imf Staff Papers


Imf Staff Papers
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Author : Mr. Robert P. Flood
language : en
Publisher: International Monetary Fund
Release Date : 2003-08-25

Imf Staff Papers written by Mr. Robert P. Flood and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-08-25 with Business & Economics categories.


The paper discusses a model in which growth is a negative function of fiscal burden. Moreover, growth discontinuously switches from high to low as the fiscal burden reaches a critical level. The paper provides an overview of key elements of corporate bankruptcy codes and practice around the world that are relevant to the debate on sovereign debt restructuring. It also describes the broad trends in international financial integration for a sample of industrial countries and explains the cross-country and time-series variation in the size of international balance sheets.



Imf Staff Papers Volume 47 Special Issue Imf Annual Research Conference


Imf Staff Papers Volume 47 Special Issue Imf Annual Research Conference
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Author : Mr.Robert P. Flood
language : en
Publisher: International Monetary Fund
Release Date : 2001-11-28

Imf Staff Papers Volume 47 Special Issue Imf Annual Research Conference written by Mr.Robert P. Flood and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001-11-28 with Business & Economics categories.


This paper presents a broad overview of postwar analytical thinking on international macroeconomics, culminating in a more detailed discussion of recent progress. The paper reviews important empirical evidence that has inspired alternative modeling approaches, as well as theoretical and policy considerations behind developments in the field. The paper presents an empirical study of fiscal policy in countries with extreme monetary regimes. It also examines members of multilateral currency unions, dollarized countries that officially use the money of another country, and countries using currency boards.



Imf Staff Papers Volume 50 Special Issue Imf Third Annual Research Conference


Imf Staff Papers Volume 50 Special Issue Imf Third Annual Research Conference
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Author : Mr.Robert P. Flood
language : en
Publisher: International Monetary Fund
Release Date : 2003-08-25

Imf Staff Papers Volume 50 Special Issue Imf Third Annual Research Conference written by Mr.Robert P. Flood and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-08-25 with Business & Economics categories.


The paper discusses a model in which growth is a negative function of fiscal burden. Moreover, growth discontinuously switches from high to low as the fiscal burden reaches a critical level. The paper provides an overview of key elements of corporate bankruptcy codes and practice around the world that are relevant to the debate on sovereign debt restructuring. It also describes the broad trends in international financial integration for a sample of industrial countries and explains the cross-country and time-series variation in the size of international balance sheets.



Imf Staff Papers Volume 52 Special Issue Imf Conference In Honor Of Michael Mussa


Imf Staff Papers Volume 52 Special Issue Imf Conference In Honor Of Michael Mussa
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Author : International Monetary Fund. Research Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2005-08-30

Imf Staff Papers Volume 52 Special Issue Imf Conference In Honor Of Michael Mussa written by International Monetary Fund. Research Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-08-30 with Business & Economics categories.


This paper focuses on expectations for the American economy focused on the likelihood of secular stagnation, which continued to be debated throughout the post-war period. Concerns rose during the late 1960s and early 1970s about rapid population growth smothering the potential for economic growth in developing countries were contradicted when, during the mid- and late-1970s, fertility rates began to decline rapidly. In policy-oriented institutions (and in most businesses and individual decision making), policymaking decisions are often guided by projections and forward-looking indicators. The case of Michael Mussa has been one of great anticipation, and of great accomplishment, and all the early optimistic forecasts about him have turned out to be correct. Within the sphere of economics, undoubtedly the most famous and widely used forecast—one, incidentally, that thus far has often been incorrect—is that based on the Malthusian doctrine of the relationship between resources and population.



Imf Staff Papers


Imf Staff Papers
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Author : International Monetary Fund. Research Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2002-11-04

Imf Staff Papers written by International Monetary Fund. Research Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-11-04 with Business & Economics categories.


This paper reports for uncovered interest parity (UIP) using daily data for 23 developing and developed countries during the crisis-strewn 1990s. UIP is a classic topic of international finance, a critical building block of most theoretical models, and a dismal empirical failure. UIP states that the interest differential is, on average, equal to the ex post exchange rate change. UIP may work differently for countries in crisis, whose exchange and interest rates both display considerably more volatility. This volatility raises the stakes for financial markets and central banks; it also may provide a more statistically powerful test for the UIP hypothesis. Policy-exploitable deviations from UIP are, therefore, a necessary condition for an interest rate defense. There is a considerable amount of heterogeneity in the results, which differ wildly by country.



Imf Supported Programs


Imf Supported Programs
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Author : Mr.Ashoka Mody
language : en
Publisher: International Monetary Fund
Release Date : 2006-04-03

Imf Supported Programs written by Mr.Ashoka Mody and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-04-03 with Business & Economics categories.


Research work by the IMF’s staff on the effectiveness of the country programs the organization supports, which has long been carried out, has intensified in recent years. IMF analysts have sought to “open up the black box” by more closely examining program design and implementation, as well as how these influence programs’ effectiveness. Their efforts have also focused on identifying the lending, signaling, and monitoring features of the IMF that may affect member countries’ economic performance. This book reports on a large portion of both the new and the continuing research. It concludes that IMF programs work best where domestic politics and institutions permit the timely implementation of the necessary measures and when a country is vulnerable to, but not yet in, a crisis. It points to the need for a wider recognition of the substantial diversity among IMF member countries and for programs to be tailored accordingly while broadly maintaining the IMF’s general principle of uniformity of treatment.



Imf Staff Papers


Imf Staff Papers
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Author :
language : en
Publisher:
Release Date : 2009

Imf Staff Papers written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Commerce categories.




Imf Staff Papers Volume 56 No 3


Imf Staff Papers Volume 56 No 3
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Author : International Monetary Fund. Research Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2009-07-31

Imf Staff Papers Volume 56 No 3 written by International Monetary Fund. Research Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-07-31 with Business & Economics categories.


Studies of the impact of trade openness on growth are based either on crosscountry analysis—which lacks transparency—or case studies—which lack statistical rigor. This paper applies a transparent econometric method drawn from the treatment evaluation literature (matching estimators) to make the comparison between treated (that is, open) and control (that is, closed) countries explicit while remaining within a statistical framework. Matching estimators highlight that common cross-country evidence is based on rather far-fetched country comparisons, which stem from the lack of common support of treated and control countries in the covariate space. The paper therefore advocates paying more attention to appropriate sample restriction in crosscountry macro research.