IMF Staff Papers, Volume 55, No. 1

Download IMF Staff Papers, Volume 55, No. 1 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1589067223
Total Pages : 220 pages
Book Rating : 4.5/5 (89 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff Papers, Volume 55, No. 1 by : International Monetary Fund. Research Dept.

Download or read book IMF Staff Papers, Volume 55, No. 1 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2008-06-18 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this issue, a team of economists look at approaches to modeling the use of IMF resources in order to gauge whether the recent decline in credit outstanding is a temporary or permanent phenomenon. Era Dabla-Norris and Gabriela Inchauste examine what drives the growth of firms, with a focus on informality and regulations. Evan Tanner and Issouf Samake use a vector autoregression approach to examine the probabilistic sustainability of public debt in Brazil. Mexico, and Turkey. And Rachel Glennerster and Yongseok Shin ask whether transparency pays?that is, does the frequency and accuracy of macroeconomic information released to the public lead to lower borrowing costs in sovereign debt markets?

IMF Staff papers

Download IMF Staff papers PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451947232
Total Pages : 223 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 1966-01-01 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the Foreword to the first issue: “Among the responsibilities of the International Monetary Fund, as set forth in the Articles of Agreement, is the obligation to fact as a center for the collection and exchange of information on monetary and financial problems,’ and thereby to facilitate ‘the preparation of studies designed to assist members in developing policies which further the purposes of the Fund.’ The publications of the Fund are one way in which this responsibility is discharged. “Through the publication of Staff Papers, the Fund is making available some of the work of members of its staff. The Fund believes that these papers will be found helpful by government officials, by professional economists, and by others concerned with monetary and financial problems. Much of what is now presented is quite provisional. On some international monetary problems, final and definitive views are scarcely to be expected in the near future, and several alternative, or even conflicting, approaches may profitably be explored. The views presented in these papers are not, therefore, to be interpreted as necessarily indicating the position of the Executive Board or of the officials of the Fund.”

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.

IMF Staff papers

Download IMF Staff papers PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451956223
Total Pages : 211 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 1987 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: An earlier version of this paper was presented to a conference on the topic “Is the Business Cycle Obsolete?” organized by the Social Science Research Council and held in London, England, on April 3–7, 1967.

IMF Staff Papers, Volume 56, No. 1

Download IMF Staff Papers, Volume 56, No. 1 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1589067940
Total Pages : 248 pages
Book Rating : 4.5/5 (89 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff Papers, Volume 56, No. 1 by : International Monetary Fund. Research Dept.

Download or read book IMF Staff Papers, Volume 56, No. 1 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2009-06-01 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: This special issue brings together world-renowned experts to provide a systematic and critical analysis of the costs and benefits of financial globalization. Contributors include Kenneth Rogoff, Maurice Obstfeld, Dani Rodrik, and Frederic S. Mishkin.

IMF Staff papers

Download IMF Staff papers PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 145195624X
Total Pages : 193 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 with total page 193 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the Foreword to the first issue: “Among the responsibilities of the International Monetary Fund, as set forth in the Articles of Agreement, is the obligation to ‘act as a center for the collection and exchange of information on monetary and financial problems,’ and thereby to facilitate ‘the preparation of studies designed to assist members in developing policies which further the purposes of the Fund.’ The publications of the Fund are one way in which this responsibility is discharged. “Through the publication of Staff Papers, the Fund is making available some of the work of members of its staff. The Fund believes that these papers will be found helpful by government officials, by professional economists, and by others concerned with monetary and financial problems. Much of what is now presented is quite provisional. On some international monetary problems, final and definitive views are scarcely to be expected in the near future, and several alternative, or even conflicting, approaches may profitably be explored. The views presented in these papers are not, therefore, to be interpreted as necessarily indicating the position of the Executive Board or of the officials of the Fund.” The authors of the papers in this issue have received considerable assistance from their colleagues on the staff of the Fund. This general statement of indebtedness may be accepted in place of a detailed list of acknowledgments. Subscription: US$6.00 a volume or the approximate equivalent in the currencies of most countries. Three numbers constitute a volume. Single copies may be purchased at $2.50. Special rate to university libraries, faculty members, and students: $3.00 a volume; $1.00 a single copy. Subscriptions and orders should be sent to: THE SECRETARY International Monetary Fund 19th and H Streets, N.W. Washington, D. C. 20431

IMF Staff papers

Download IMF Staff papers PDF Online Free

Author :
Publisher : INTERNATIONAL MONETARY FUND
ISBN 13 : 9781463915476
Total Pages : 194 pages
Book Rating : 4.9/5 (154 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 1987-01-01 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt:

IMF Staff Papers

Download IMF Staff Papers PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451959990
Total Pages : 184 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 1950-01-01 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper highlights various problems and policies related to latent inflation. Disappointment will undoubtedly be widespread if, after 10 years of inflation control, latent inflation is permitted to become active and there is a considerable rise in prices. It is not unlikely that some governments will feel they simply cannot accept such a policy. However, the prospect of wiping out or working off latent inflation in any moderate period is very slight. There is every reason to deal with the latent inflation as far as possible by absorbing it through taxation and by measures to reduce liquidity. At the same time, with increased output it should be possible to work off part of the latent inflation. Even if it becomes generally recognized that all or most of such inflation cannot be wiped out or worked off, its immediate activation may be unwise. At some stage soon, governments must face the difficulties presented by latent inflation and recognize that a comprehensive program for dealing with it must be put into effect. Unless such programs are adopted, there can be no great confidence that international payments problems can be solved simply by imposing more rigorous and more extensive controls.

IMF Staff Papers, Volume 50, No. 1

Download IMF Staff Papers, Volume 50, No. 1 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 9781589061248
Total Pages : 168 pages
Book Rating : 4.0/5 (612 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff Papers, Volume 50, No. 1 by : Mr.Robert P. Flood

Download or read book IMF Staff Papers, Volume 50, No. 1 written by Mr.Robert P. Flood and published by International Monetary Fund. This book was released on 2003-04-17 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Forty years ago, Marcus Fleming and Robert Mundell developed independent models of macroeconomic policy in open economies. Why do we link the two, and why do we call the result the Mundell-Fleming, rather than Fieming-Mundell model?

IMF Staff papers

Download IMF Staff papers PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451956401
Total Pages : 281 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 1975-01-01 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a survey of some major issues of incomes policy rather than an evaluation of individual countries' policies. It seeks to highlight and explain the changing emphasis of such policies in the three periods when they were widely adopted. After the War, incomes policies were implemented in several European countries, in the context of scarcities of goods and shortage of foreign exchange. Policies involving a considerable element of compulsion were then associated with other restrictions, such as direction of labor and rationing. At current high rates of inflation and of unemployment, there is growing recognition of the threat that inflation poses to political and economic institutions. Although the recent results of incomes policy have not been striking, present circumstances may be more conducive for success. Experience suggests that incomes policy may be most effective in restraining wage and price increases under conditions of less than full employment.

IMF Staff papers

Download IMF Staff papers PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451968590
Total Pages : 180 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 1957-01-01 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this paper is to bring monetary events, monetary data, and monetary problems within the framework of income analysis. The study tries to bridge gaps between: the views widely held on the relation between financial policies and payments questions; and the analytical tools used to explain payments developments. The failure to accommodate monetary factors in the analysis probably becomes most evident when questions are raised concerning the effects of specified monetary changes on income or on the balance of payments. The tools used in the economic analysis of situations are necessarily simplifications of a more general economic theory—simplifications which bring into focus the factors that seem most important in the classes of situation studied. The decision to treat domestic credit expansion as an autonomous variable is dictated by the purposes of the analysis. As statistically measured, credit expansion is a net concept, the difference between credit outstanding at the end and at the beginning of a period. Part of the repayments that occur during a period may be caused by new loans granted during this or a preceding period.

IMF Staff Papers, Volume 52, No. 1

Download IMF Staff Papers, Volume 52, No. 1 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 9781589064195
Total Pages : 156 pages
Book Rating : 4.0/5 (641 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff Papers, Volume 52, No. 1 by : International Monetary Fund. Research Dept.

Download or read book IMF Staff Papers, Volume 52, No. 1 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2005-04-18 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first issue of IMF Staff Papers for 2005 contains 7 papers that discuss: whether output recovered after the Asian crisis; the value of a country's trading partners to its own economic growth; whether interdependence is a factor in understanding the spread of currency crises; can remittance payments from expatriates be a reliable source of capital for economic development?; total factor productivity; designing a VAT for the energy trade in Russia and Ukraine; and lastly, a discussion of the reasons for central bank intervention in ERM-I since 1993

IMF Staff Papers, Volume 51, No. 1

Download IMF Staff Papers, Volume 51, No. 1 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 9781589063228
Total Pages : 206 pages
Book Rating : 4.0/5 (632 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff Papers, Volume 51, No. 1 by : International Monetary Fund. Research Dept.

Download or read book IMF Staff Papers, Volume 51, No. 1 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2004-04-20 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first issue of Volume 51 for 2004 includes a new paper by Peter B. Clark and Jacques J. Polak, along with a tribute from the Editor to Mr. Polak in honor of his 90th birthday. This issue also launches a new featured section, "Data Issues," which will be devoted in future issues to on-going discussions of the latest in econometric and statistical tools for economists, data puzzles, and other related topics of interest to researchers.

IMF Staff Papers, Volume 56, No. 4

Download IMF Staff Papers, Volume 56, No. 4 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1589069102
Total Pages : 296 pages
Book Rating : 4.5/5 (89 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff Papers, Volume 56, No. 4 by : International Monetary Fund. Research Dept.

Download or read book IMF Staff Papers, Volume 56, No. 4 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2009-11-04 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper empirically evaluates four types of costs that may result from an international sovereign default: reputational costs, international trade exclusion costs, costs to the domestic economy through the financial system, and political costs to the authorities. It finds that the economic costs are generally significant but short-lived, and sometimes do not operate through conventional channels. The political consequences of a debt crisis, by contrast, seem to be particularly dire for incumbent governments and finance ministers, broadly in line with what happens in currency crises.

IMF Staff Papers

Download IMF Staff Papers PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451949324
Total Pages : 187 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 1951-01-01 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses that the governments of forty-nine countries have accepted the Articles of Agreement of the IMF. They have accepted the Agreement on their own behalf and in respect of all their colonies, overseas territories, all territories under their protection, suzerainty, or authority and all territories in respect of which they exercise a mandate. Although the concept of a fixed par value and of rates of exchange based on it is of fundamental importance under the Articles of Agreement, provision is also made for the retention, adaptation and introduction of multiple currency practices in certain circumstances. Courts are frequently called upon to decide at what rate of exchange one currency shall be translated into another. The courts of many countries have been faced, both before and after the coming into force of the IMF Agreement, with the problem whether they should recognize the effect of the exchange control regulations of other countries.

IMF Staff papers

Download IMF Staff papers PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451956371
Total Pages : 263 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 1974-01-01 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, various policy instruments at the disposal of national governments for dealing with the problem of disruptive international capital flows or, more generally, the problem of temporary and reversible payments imbalances, are passed in review. The instruments examined include: separate (dual) exchange markets for capital and current transactions; taxes and subsidies affecting capital transactions or income from capital; official intervention in forward exchange markets; monetary or interest rate policies (including the fiscal-monetary mix); official financing or use of reserves; and floating unitary exchange rates and wider margins. Attention is focused on the device of dual exchange markets, which is evaluated in comparison with each of the other approaches from the standpoint of allocative effects, scope, enforceability, flexibility, and so on. Dual markets, if conducted on appropriate lines, are found to compare favourably overall with most of the other policies, except for floating unitary rates. The paper closes with a suggestion for a system of dual exchange markets with floating rates (subject to appropriate official intervention) on both markets.

IMF Staff Papers, Volume 46, No. 1

Download IMF Staff Papers, Volume 46, No. 1 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451974558
Total Pages : 116 pages
Book Rating : 4.4/5 (519 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff Papers, Volume 46, No. 1 by : International Monetary Fund. Research Dept.

Download or read book IMF Staff Papers, Volume 46, No. 1 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1999-03-15 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This economic journal contains theoretical and empirical analyses of varous macroeconomic issues. The studies are prepapred by IMF research staff or consultants. Subjects covered inclulde balance of payments and exchange rates, monetary systems and policies, public finances, international trade, economic growth, and some sectoral analyses. The last issue of the year contains an index to the volume. Approximately 200 pages in each issue.