IMF Staff papers, Volume 43 No. 3

Download IMF Staff papers, Volume 43 No. 3 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451973446
Total Pages : 188 pages
Book Rating : 4.4/5 (519 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff papers, Volume 43 No. 3 by : International Monetary Fund. Research Dept.

Download or read book IMF Staff papers, Volume 43 No. 3 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1996-01-01 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the volatility and predictability of emerging stock markets. A range of measures suggests that, despite perceptions to the contrary, the volatility of emerging markets may have fallen rather than risen on average. Also, although the autocorrelations in emerging market returns appear to turn negative at horizons of a year or more, the magnitude of these return reversals is not that much larger than reversals in some mature markets. One interpretation of the results would be that emerging markets have not consistently been subject to fads or bubbles, or at least no more so than in some industrial countries.

IMF Staff papers, Volume 43 No. 1

Download IMF Staff papers, Volume 43 No. 1 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451957092
Total Pages : 268 pages
Book Rating : 4.4/5 (519 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff papers, Volume 43 No. 1 by : International Monetary Fund. Research Dept.

Download or read book IMF Staff papers, Volume 43 No. 1 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1996-01-01 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper extends a standard growth model and obtains consistent panel data estimates of the growth retarding effects of military spending via its adverse impact on capital formation and resource allocation. Simulation experiments suggest that a substantial long-term “peace dividend”—in the form of higher capacity output—may result from markedly lower military expenditure levels achieved in most regions during the late 1980s, and the further military spending cuts that would be possible if global peace could be secured.

IMF Staff papers

Download IMF Staff papers PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451930933
Total Pages : 212 pages
Book Rating : 4.4/5 (519 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff papers by : International Monetary Fund. Research Dept.

Download or read book IMF Staff papers written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1996-01-01 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews recent theoretical and empirical work on controls over International capital movements. Theoretical contributions reviewed focus on “second-best “ arguments for capital market restrictions, as well as arguments based on multiple equilibria. The empirical literature suggests that controls have been “effective “ in the narrow sense of influencing yield differentials. But there is little evidence that controls have helped governments meet policy objectives, with the exception of reducing the governments’ debt-service costs, and no evidence that controls have enhanced economic welfare in a manner suggested by theory.

IMF Staff Papers, Volume 57, No. 2

Download IMF Staff Papers, Volume 57, No. 2 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1589069129
Total Pages : 244 pages
Book Rating : 4.5/5 (89 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff Papers, Volume 57, No. 2 by : International Monetary Fund. Research Dept.

Download or read book IMF Staff Papers, Volume 57, No. 2 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2010-06-29 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper introduces a new database of financial reforms covering 91 economies over 1973-2005. It describes the content of the database, the information sources utilized, and the coding rules used to create an index of financial reform. It also compares the database with other measures of financial liberalization, provides descriptive statistics, and discusses some possible applications. The database provides a multifaceted measure of reform, covering seven aspects of financial sector policy. Along each dimension the database provides a graded (rather than a binary) score, and allows for reversals.

IMF Staff Papers, Volume 48, No. 2

Download IMF Staff Papers, Volume 48, No. 2 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451974256
Total Pages : 208 pages
Book Rating : 4.4/5 (519 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff Papers, Volume 48, No. 2 by : International Monetary Fund. Research Dept.

Download or read book IMF Staff Papers, Volume 48, No. 2 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2001-12-12 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the link between product variety and economic growth. It finds support for the hypothesis that a greater degree of product variety relative to the United States helps to explain relative per capita GDP levels. The paper presents an empirical study for South Africa, which indicates that there exists a stable money demand type of relationship among domestic prices, broad money, real income, and interest rates, as well as a long-term relationship among domestic prices, foreign prices, and the nominal exchange rate.

Money and Banking

Download Money and Banking PDF Online Free

Author :
Publisher : Academic Foundation
ISBN 13 : 9788171883189
Total Pages : 328 pages
Book Rating : 4.8/5 (831 download)

DOWNLOAD NOW!


Book Synopsis Money and Banking by : A. Vasudevan

Download or read book Money and Banking written by A. Vasudevan and published by Academic Foundation. This book was released on 2003 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Commendable Book Edited By Dr. A. Vasudevan, A Leading Monetary Economist, Focuses On Money, Monetary Policy And Banking Issues - Areas In Which The Reserve Bank`S Expertise Is Widely Recognised.

IMF Staff Papers, Volume 49, No. 3

Download IMF Staff Papers, Volume 49, No. 3 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 9781589061224
Total Pages : 260 pages
Book Rating : 4.0/5 (612 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff Papers, Volume 49, No. 3 by : International Monetary Fund. Research Dept.

Download or read book IMF Staff Papers, Volume 49, No. 3 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2002-09-23 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper empirically investigates the monetary impact of banking crises in Chile, Colombia, Denmark, Japan, Kenya, Malaysia, and Uruguay during 1975–98. Cointegration analysis and error correction modeling are used to research two issues: (i) whether money demand stability is threatened by banking crises; and (ii) whether crises lead to structural breaks in the relation between monetary indicators and prices. Overall, no systematic evidence that banking crises cause money demand instability is found. The paper also analyzes inflation targeting in the context of the IMF-supported adjustment programs.

IMF Staff Papers, Volume 57, No. 1

Download IMF Staff Papers, Volume 57, No. 1 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1589069110
Total Pages : 288 pages
Book Rating : 4.5/5 (89 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff Papers, Volume 57, No. 1 by : International Monetary Fund. Research Dept.

Download or read book IMF Staff Papers, Volume 57, No. 1 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2010-03-26 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do highly indebted countries suffer from a debt overhang? Can debt relief foster their growth rates? To answer these important questions, this article looks at how the debt-growth relation varies with indebtedness levels, as well as with the quality of policies and institutions, in a panel of developing countries. The main findings are that, in countries with good policies and institutions, there is evidence of debt overhang when the net present value of debt rises above 20–25 percent of GDP; however, debt becomes irrelevant above 70–80 percent. In countries with bad policies and institutions, thresholds appear to be lower, but the evidence of debt overhang is weaker and we cannot rule out that debt is always irrelevant. Indeed, in such countries, as well as in countries with high indebtedness levels, investment does not depend on debt levels. The analysis suggests that not all countries are likely to profit from debt relief, and thus that a one-size-fits-all debt relief approach might not be the most appropriate one.

Monetary and Exchange Rate Dynamics During Disinflation

Download Monetary and Exchange Rate Dynamics During Disinflation PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451860528
Total Pages : 36 pages
Book Rating : 4.4/5 (518 download)

DOWNLOAD NOW!


Book Synopsis Monetary and Exchange Rate Dynamics During Disinflation by : Mr.Andres Arias Leiva

Download or read book Monetary and Exchange Rate Dynamics During Disinflation written by Mr.Andres Arias Leiva and published by International Monetary Fund. This book was released on 2005-02-01 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on the observed behavior of monetary aggregates and exchange rates, we classify inflation-stabilization episodes into two categories: de facto exchange rate-based stabilizations (ERBS) and non-ERBS. Unlike the standard de jure ERBS studied in the literature, de facto ERBS encompass cases in which the central bank intervenes in the foreign exchange market but does not preannounce the use of an exchange rate anchor. The number of the de facto ERBS is twice as large as that of de jure ERBS. Output dynamics during disinflation do not differ significantly between these two groups. We conclude that empirical studies on the effects of exchange rate anchors must seek to disentangle the effects of their announcement from those related to their role in the remonetization process.

Economic Developments In India : Monthly Update, Volume -5 Analysis, Reports, Policy Documents

Download Economic Developments In India : Monthly Update, Volume -5 Analysis, Reports, Policy Documents PDF Online Free

Author :
Publisher : Academic Foundation
ISBN 13 : 9788171881413
Total Pages : 330 pages
Book Rating : 4.8/5 (814 download)

DOWNLOAD NOW!


Book Synopsis Economic Developments In India : Monthly Update, Volume -5 Analysis, Reports, Policy Documents by : Editors : Raj Kapila & Uma Kapila

Download or read book Economic Developments In India : Monthly Update, Volume -5 Analysis, Reports, Policy Documents written by Editors : Raj Kapila & Uma Kapila and published by Academic Foundation. This book was released on 1998 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt:

IMF Staff Papers, Volume 53, No. 3

Download IMF Staff Papers, Volume 53, No. 3 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1589065816
Total Pages : 183 pages
Book Rating : 4.5/5 (89 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff Papers, Volume 53, No. 3 by : International Monetary Fund. Research Dept.

Download or read book IMF Staff Papers, Volume 53, No. 3 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2006-12-15 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the final issue for 2006 (Volume 53), and contains another paper in the occasional Special Data Section that seeks to measure financial development in the Middle East and North Africa by utilizing a new database. The issue also contains a comment from Jacques J. Polak on parity reversion in real exchange rates.

IMF Staff Papers, Volume 54, No. 3

Download IMF Staff Papers, Volume 54, No. 3 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1589066510
Total Pages : 212 pages
Book Rating : 4.5/5 (89 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff Papers, Volume 54, No. 3 by : International Monetary Fund. Research Dept.

Download or read book IMF Staff Papers, Volume 54, No. 3 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2007-05-30 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This issue features a timely paper by Vladimir Klyuev and Paul Mills on the role of personal wealth and home equity withdrawal in the decline in the U.S. saving rate. Lusine Lusinyan and Leo Bonato explain how work absence in 18 European countries affects labor supply and demand. And a paper by Paolo Manasse (University of Bologna) entitled "Deficit Limits and Fiscal Rules for Dummies" examines fiscal frameworks.

IMF Staff papers, Volume 42 No. 3

Download IMF Staff papers, Volume 42 No. 3 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 145197339X
Total Pages : 280 pages
Book Rating : 4.4/5 (519 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff papers, Volume 42 No. 3 by : International Monetary Fund. Research Dept.

Download or read book IMF Staff papers, Volume 42 No. 3 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1995-01-01 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes long-term exchange rate modeling. The paper reviews the literature that tests for a unit root in real exchange rates and the closely related work on testing for a unit root in the residual from a regression of the nominal exchange rate on relative prices. It argues that the balance of evidence is supportive of the existence of some form of long-term exchange rate relationship. The paper highlights that the form of this relationship, however, does not accord exactly with a traditional representation of the long-term exchange rate.

IMF Staff Papers, Volume 52, No. 3

Download IMF Staff Papers, Volume 52, No. 3 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1589064755
Total Pages : 193 pages
Book Rating : 4.5/5 (89 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff Papers, Volume 52, No. 3 by : International Monetary Fund. Research Dept.

Download or read book IMF Staff Papers, Volume 52, No. 3 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2005-12-22 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: This last issue for 2005 comprises seven new papers, including a contribution to the journal's occasional Special Data Section about domestic debt markets in Sub-Saharan Africa, and also an in-depth look at the internal job market for entry-level economists at the IMF. The remaining articles cover toics as diverse as: modeling of asset markets, exchange rates in developing countries, international bank claims on Latin America, the effectiveness of "early warning" systems, and the use (by emerging market countries) of the IMF's Special Data Dissemination Standard (SDDS).

IMF Staff papers, Volume 37 No. 3

Download IMF Staff papers, Volume 37 No. 3 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451973063
Total Pages : 292 pages
Book Rating : 4.4/5 (519 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff papers, Volume 37 No. 3 by : International Monetary Fund. Research Dept.

Download or read book IMF Staff papers, Volume 37 No. 3 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1990-01-01 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes macroeconomic effects of projected population aging in industrial countries. The effects of population aging are examined with a theoretical model and simulations of the IMF’s multiregion econometric model (MULTIMOD). The study highlights that an older population will consume more of aggregate disposable income, require higher government expenditure, and decrease labor supply. These effects should raise real interest rates and lower capital stock and output. Effects on current balances will depend on the relative speed and extent of aging.

IMF Staff papers, Volume 44 No. 3

Download IMF Staff papers, Volume 44 No. 3 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451973462
Total Pages : 120 pages
Book Rating : 4.4/5 (519 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff papers, Volume 44 No. 3 by : International Monetary Fund. Research Dept.

Download or read book IMF Staff papers, Volume 44 No. 3 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1997-01-01 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the case of Mexico to examine determinants of banking system fragility. The paper tests empirically the proposition that bank fragility is determined by bank-specific factors, macroeconomic conditions, and potential contagion effects. The methodology allows the variables that determine bank failure to differ from those that influence banks’ time to failure (or survival rate). Based on the indicators of fragility of individual banks, the paper constructs an index of fragility for the banking system. The framework is applied to the Mexican financial crisis that began in 1994.

IMF Staff papers, Volume 45 No. 3

Download IMF Staff papers, Volume 45 No. 3 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451973608
Total Pages : 168 pages
Book Rating : 4.4/5 (519 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff papers, Volume 45 No. 3 by : International Monetary Fund. Research Dept.

Download or read book IMF Staff papers, Volume 45 No. 3 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1998-01-01 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents international evidence on the determinants of trade dynamics. It provides some new empirical perspectives on the relationship between international trade and macroeconomic fluctuations in industrial economies. A comprehensive set of stylized facts concerning fluctuations in trade variables and their determinants is presented. A measure of the quantitative importance of international trade for the propagation of domestic business cycles is then constructed, focusing on the role of external trade as a catalyst for cyclical recoveries.