Working Paper Summaries January June 1994
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Working Paper Summaries Wp94 1 Wp 94 76
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Author :
language : en
Publisher:
Release Date : 2012
Working Paper Summaries Wp94 1 Wp 94 76 written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
This compilation of summaries of Working Papers released during January-June 1994 is being issued as a part of the Working Paper series. It is designed to provide the reader with an overview of the research work performed by the staff during the period.Authors of Working Papers are normally staff members of the Fund or consultants, although on occasion outside authors may collaborate with a staff member in writing a paper. The views expressed in the Working Papers or their summaries are, however, those of the authors and should not necessarily be interpreted as representing the views of the Fund.Copies of individual Working Papers and information on subscriptions to the annual series of Working Papers may be obtained from IMF Publication Services, International Monetary Fund, 700 19th Street N.W., Washington, D.C. 20431. Telephone: (202) 623-7430 Telefax: (202) 623-7201.
Working Paper Summaries Wp 94 1 Wp 94 76
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1994-08-01
Working Paper Summaries Wp 94 1 Wp 94 76 written by International Monetary Fund 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 1994-08-01 with Business & Economics categories.
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.
Working Paper Summaries Wp 94 77 Wp 94 147
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1995-02-01
Working Paper Summaries Wp 94 77 Wp 94 147 written by International Monetary Fund 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 1995-02-01 with Business & Economics categories.
Authors of Working Papers are normally staff members of the Fund or consultants, although on occasion outside authors may collaborate with a staff member in writing a paper. The views expressed in the Working Papers or their summaries are, however, those of the authors and should not necessarily be interpreted as representing the views of the Fund. Copies of individual Working Papers and information on subscriptions to the annual series of Working Papers may be obtained from IMF Publication Services, International Monetary Fund, 700 19th Street, Washington, D.C. 20431. Telephone: (202) 623-7430 Telefax: (202) 623-7201 This compilation of summaries of Working Papers released during July-December 1994 is being issued as a part of the Working Paper series. It is designed to provide the reader with an overview of the research work performed by the staff during the period.
Working Paper Summaries January June 1994
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Author :
language : en
Publisher:
Release Date : 1994
Working Paper Summaries January June 1994 written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with IMF working paper categories.
Imf Staff Papers
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Author : International Monetary Fund. Research Dept.
language : en
Publisher: International Monetary Fund
Release Date : 1995-01-01
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 1995-01-01 with Business & Economics categories.
This paper provides a critical survey of the literature on politico-institutional determinants of the government budget. We organize our discussion around two questions: Why did certain OECD countries, but not others, accumulate large public debts? Why did these fiscal imbalances appear in the last twenty years rather than sooner? We begin by discussing the “tax smoothing” model and conclude that this approach alone cannot provide complete answers to these questions. We then proceed to a discussion of political economy models, which we organize into six groups: (1) models based upon opportunistic policy makers and naive voters with “fiscal illusion”; (2) models of intergenerational redistributions; (3) models of debt as a strategic variable, linking the current government with the next one; (4) models of coalition governments; (5) models of geographically dispersed interests; and (6) models emphasizing the effects of budgetary institutions. We conclude by briefly discussing policy implications.
Usitc Publication
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Author :
language : en
Publisher:
Release Date : 1994
Usitc Publication written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with categories.
Working Paper Summaries January June 1995
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Author :
language : en
Publisher:
Release Date : 1995
Working Paper Summaries January June 1995 written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Economic policy categories.
Imf Working Paper
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Author :
language : en
Publisher:
Release Date : 1995
Imf Working Paper written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Finance categories.
Research Activities Of The Imf January 1991 December 1999
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2000-01-01
Research Activities Of The Imf January 1991 December 1999 written by International Monetary Fund 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 2000-01-01 with Business & Economics categories.
Research activity in the IMF emphasizes the links between the organization's policy and operational concerns. The main objectives of research is IMF staff understanding of policy and operational issues relevant to the institution, and to improve the analytical quality of the work prepared for management and the Executive Board and the advice provided to member countries. The scope of research in the IMF is defined by the purposes and functions of the institution. In order to foster innovation and ensure quality control, the IMF makes much of its research available outside the institution and encourages staff to interact with academia and other research organizations through conferences, seminars, and occasional joint research projects. The visiting scholar’s program has also enhanced the quality of research done in the IMF. This program brings in leading members of the economics profession from around the world to assist in the preparation of papers for the Executive Board and to conduct research on IMF-related issues.
Institutional Investors And Asset Pricing In Emerging Markets
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Author : Ms.Elaine Karen Buckberg
language : en
Publisher: International Monetary Fund
Release Date : 1996-01-01
Institutional Investors And Asset Pricing In Emerging Markets written by Ms.Elaine Karen Buckberg 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 1996-01-01 with Business & Economics categories.
This paper presents a new theory of asset pricing intended to address why other developing country equity markets responded so strongly to the Mexican devaluation, while the world’s major stock markets were unmoved. This phenomenon can be explained if investors follow a two-step portfolio allocation process, first determining what share of their portfolio to invest in developing countries, then allocating those funds across the emerging markets. For 12 of 13 markets studied, the one-factor CAPM is rejected in favor of a two-factor asset pricing model, including both a broad emerging markets portfolio and the global market portfolio.