Imf Staff Papers Volume 56 No 4

Imf Staff Papers Volume 56 No 4 Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of Imf Staff Papers Volume 56 No 4 book. This book definitely worth reading, it is an incredibly well-written.

IMF Staff Papers, Volume 56, No. 4

International Monetary Fund. Research Dept.
IMF Staff Papers Volume 56 No 4 Book PDF

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 296 pages
File Size : 55,8 Mb
Release : 2009-11-04
Category : Business & Economics
ISBN : 9781589069107

Get Book

IMF Staff Papers, Volume 56, No. 4 by International Monetary Fund. Research Dept. Pdf

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, Volume 56, No. 1

International Monetary Fund. Research Dept.
IMF Staff Papers Volume 56 No 1 Book PDF

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 248 pages
File Size : 43,8 Mb
Release : 2009-06-01
Category : Business & Economics
ISBN : 9781589067943

Get Book

IMF Staff Papers, Volume 56, No. 1 by International Monetary Fund. Research Dept. Pdf

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, Volume 56, No. 2

International Monetary Fund. Research Dept.
IMF Staff Papers Volume 56 No 2 Book PDF

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 216 pages
File Size : 50,5 Mb
Release : 2009-06-03
Category : Business & Economics
ISBN : 9781589067950

Get Book

IMF Staff Papers, Volume 56, No. 2 by International Monetary Fund. Research Dept. Pdf

China’s growth performance since the start of economic reforms in 1978 has been impressive, but the gains have not been distributed equally across provinces. We use a nonparametric approach to analyze the variation in labor productivity growth across China’s provinces. This approach imposes less structure on the data than the standard growth accounting framework and allows for a breakdown of labor productivity into efficiency gains, technological progress, and capital deepening. We have the following results. First, we find that on average capital deepening accounts for about 75 percent of total labor productivity growth, while efficiency and technological improvements account for about 7 and 18 percent, respectively. Second, technical change is not neutral. Third, whereas improvement in efficiency contributes to convergence in labor productivity between provinces, technical change contributes to productivity disparity across provinces. Finally, we find that foreign direct investment has a positive and significant effect on efficiency growth and technical progress.

IMF Staff Papers, Volume 56, No. 3

International Monetary Fund. Research Dept.
IMF Staff Papers Volume 56 No 3 Book PDF

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 248 pages
File Size : 50,8 Mb
Release : 2009-07-31
Category : Business & Economics
ISBN : 9781589068209

Get Book

IMF Staff Papers, Volume 56, No. 3 by International Monetary Fund. Research Dept. Pdf

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.

IMF Staff Papers, Volume 50, No. 2

Mr.Robert P. Flood
IMF Staff Papers Volume 50 No 2 Book PDF

Author : Mr.Robert P. Flood
Publisher : International Monetary Fund
Page : 172 pages
File Size : 55,9 Mb
Release : 2003-07-11
Category : Social Science
ISBN : 1589062027

Get Book

IMF Staff Papers, Volume 50, No. 2 by Mr.Robert P. Flood Pdf

This paper examines sources of economic growth in East Asia. The conventional growth-accounting approach to estimating the sources of economic growth requires unrealistically strong assumptions about either competitiveness of factor markets or the form of the underlying aggregate production function. The paper outlines a new approach utilizing nonparametric derivative estimation techniques that does not require imposing these restrictive assumptions. The results for East Asian countries show that output elasticities of capital and labor tend to be different from the income shares of these factors. The paper also explores the compensating potential of private intergenerational transfers.

Finance & Development, December 2019

International Monetary Fund. Communications Department
Finance Development December 2019 Book PDF

Author : International Monetary Fund. Communications Department
Publisher : International Monetary Fund
Page : 68 pages
File Size : 52,5 Mb
Release : 2019-12-06
Category : Business & Economics
ISBN : 9781513513171

Get Book

Finance & Development, December 2019 by International Monetary Fund. Communications Department Pdf

This issue of Finance & Development looks at the economic and financial impact of climate policy choices. It points to concrete solutions that offer growth opportunities, driven by technological innovation, sustainable investment, and a dynamic private sector. The private sector can stop supporting or subsidizing industries and activities that damage the planet and instead invest in sustainable development. Governments can roll out policies to fight climate change and the destruction of nature. The paper highlights that technological change and innovations are central to longer-term efforts to mitigate climate change by developing alternatives to fossil fuels. A new, sustainable financial system is under construction. It is funding the initiatives and innovations of the private sector and amplifying the effectiveness of governments’ climate policies—it could even accelerate the transition to a low-carbon economy. The Bank of England’s latest survey finds that almost three-quarters of banks are starting to treat the risks from climate change like other financial risks—rather than viewing them simply as a corporate social responsibility. Banks have begun to consider the most immediate physical risks to their business models—from the exposure of mortgage books to flood risk to the impact of extreme weather events on sovereign risk.

IMF Staff Papers, Volume 57, No. 2

International Monetary Fund. Research Dept.
IMF Staff Papers Volume 57 No 2 Book PDF

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 244 pages
File Size : 53,6 Mb
Release : 2010-06-29
Category : Business & Economics
ISBN : 9781589069121

Get Book

IMF Staff Papers, Volume 57, No. 2 by International Monetary Fund. Research Dept. Pdf

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 45 No. 4

International Monetary Fund. Research Dept.
IMF Staff papers Volume 45 No 4 Book PDF

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 180 pages
File Size : 54,9 Mb
Release : 1998-01-01
Category : Business & Economics
ISBN : 9781451972771

Get Book

IMF Staff papers, Volume 45 No. 4 by International Monetary Fund. Research Dept. Pdf

This paper describes the issue of corruption around the world. The paper surveys and discusses issues related to the causes, consequences, and scope of corruption, and possible corrective actions. It emphasizes the costs of corruption in terms of economic growth. It also emphasizes that the fight against corruption may not be cheap and cannot be independent from the reform of the state. If certain reforms are not made, corruption is likely to continue to be a problem regardless of actions directly aimed at curtailing it.

IMF Staff papers, Volume 42 No. 4

International Monetary Fund. Research Dept.
IMF Staff papers Volume 42 No 4 Book PDF

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 224 pages
File Size : 40,6 Mb
Release : 1995-01-01
Category : Business & Economics
ISBN : 9781451930900

Get Book

IMF Staff papers, Volume 42 No. 4 by International Monetary Fund. Research Dept. Pdf

This paper describes early contributions of Staff Papers to international economics. The paper highlights that Staff Papers has, since its inception in 1950, been an important vehicle for the dissemination of research done by the IMF staff. This paper discusses three areas in which articles published in Staff Papers up until the 1970s made major contributions to the literature in international economics. The areas covered are: the absorption approach and the monetary theory of the balance of payments; the Mundell-Fleming model; and foreign trade modeling.

IMF Staff Papers, Volume 51, No. 1

International Monetary Fund. Research Dept.
IMF Staff Papers Volume 51 No 1 Book PDF

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 206 pages
File Size : 51,6 Mb
Release : 2004-04-20
Category : Business & Economics
ISBN : 1589063228

Get Book

IMF Staff Papers, Volume 51, No. 1 by International Monetary Fund. Research Dept. Pdf

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

International Monetary Fund. Research Dept.
IMF Staff papers Book PDF

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 48 pages
File Size : 47,8 Mb
Release : 1985-01-01
Category : Business & Economics
ISBN : 9781451930672

Get Book

IMF Staff papers by International Monetary Fund. Research Dept. Pdf

This paper describes that publications of the IMF are one way in which this responsibility is discharged. Through the publication of Staff Papers, the IMF is making available some of the work of members of its staff. The IMF believes that these papers will be found helpful by government officials, by professional economists, and by others concerned with monetary and financial problems. 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 IMF. The selected references presented in this bibliography cover books, pamphlets, reports, and periodical articles that describe the functions, organization, and activities of the IMF. Publications on the various aspects of international economics are included only when they contain material relating specifically to the IMF.

IMF-Supported Programs

Mr.Ashoka Mody,Mr.Alessandro Rebucci
IMF Supported Programs Book PDF

Author : Mr.Ashoka Mody,Mr.Alessandro Rebucci
Publisher : International Monetary Fund
Page : 184 pages
File Size : 51,5 Mb
Release : 2006-04-03
Category : Business & Economics
ISBN : 1589063619

Get Book

IMF-Supported Programs by Mr.Ashoka Mody,Mr.Alessandro Rebucci Pdf

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, Volume 39 No. 1

International Monetary Fund. Research Dept.
IMF Staff papers Volume 39 No 1 Book PDF

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 220 pages
File Size : 43,6 Mb
Release : 1992-01-01
Category : Business & Economics
ISBN : 9781451956948

Get Book

IMF Staff papers, Volume 39 No. 1 by International Monetary Fund. Research Dept. Pdf

This paper focuses on exchange rate economics. Two main views of exchange rate determination have evolved since the early 1970s: the monetary approach to the exchange rate (in flexible-price, sticky-price, and real interest differential formulations); and the portfolio balance approach. In this paper, the literature on these views is surveyed, followed by a discussion of the empirical evidence and likely future developments in the area of exchange rate determination. The literature on foreign exchange market efficiency, exchange rates and “news,” and international parity conditions is also reviewed.

Opportunity for All

MissCatriona Purfield,Mr.Harald Finger,Mrs.Karen Ongley,Mr.Benedicte Baduel,Carolina Castellanos,Ms.Gaelle Pierre,Vahram Stepanyan,Mr.Erik Roos
Opportunity for All Book PDF

Author : MissCatriona Purfield,Mr.Harald Finger,Mrs.Karen Ongley,Mr.Benedicte Baduel,Carolina Castellanos,Ms.Gaelle Pierre,Vahram Stepanyan,Mr.Erik Roos
Publisher : International Monetary Fund
Page : 123 pages
File Size : 47,6 Mb
Release : 2018-07-17
Category : Business & Economics
ISBN : 9781484368558

Get Book

Opportunity for All by MissCatriona Purfield,Mr.Harald Finger,Mrs.Karen Ongley,Mr.Benedicte Baduel,Carolina Castellanos,Ms.Gaelle Pierre,Vahram Stepanyan,Mr.Erik Roos Pdf

This publication brings together a set of IMF papers that prepared as backgrounds for the various sessions of the conference and will help put into broader dissemination channels the results of this important conference. An official IMF publication is well disseminated into academic and institutional libraries and book channels. The IMF metadata will also make the conference papers more discoverable online.

IMF Staff Papers, Volume 51, Special Issue, IMF Fourth Annual Research Conference

Mr.Ashoka Mody,Mr.Robert P. Flood
IMF Staff Papers Volume 51 Special Issue IMF Fourth Annual Research Conference Book PDF

Author : Mr.Ashoka Mody,Mr.Robert P. Flood
Publisher : International Monetary Fund
Page : 168 pages
File Size : 54,5 Mb
Release : 2004-06-10
Category : Business & Economics
ISBN : 1589063201

Get Book

IMF Staff Papers, Volume 51, Special Issue, IMF Fourth Annual Research Conference by Mr.Ashoka Mody,Mr.Robert P. Flood Pdf

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.