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IMF Working Papers
from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC . Series data maintained by Jim Beardow ().
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98/73: Carbon Taxes - Their Macroeconomic Effects and Prospects for Global Adoption - A Survey of the Literature
Ved Gandhi and Javier Cuervo
98/72: External Debt Histories of Ten Low-Income Developing Countries - Lessons from Their Experience
Kevin Ross , R. Brooks , Robert Powell , Ydahlia Metzgen Quemarez , Doris Ross , Mariano Cortes , Saqib Rizavi , Benoit Ketchekmen and Francesca Fornasari
98/71: Current Accounts - What is Their Relevance for Economic Policymaking?
Fabio Scacciavillani and Malcolm Knight
98/70: Government Expenditure Arrears - Securitization and Other Solutions
Alberto Ramos
98/69: Deviations of Exchange Rates from Purchasing Power Parity - A Story Featuring Two Monetary Unions
Ronald MacDonald and Tamim A Bayoumi
98/68: Inflation, Disinflation, and Growth
Atish Ghosh and Steven Phillips
98/67: Exchange Rates and Economic Fundamentals - A Methodological Comparison of BEERs and FEERs
Ronald MacDonald and Peter Clark
98/66: The Fiscal Effects of Monetary Policy
Momi Dahan
98/65: Central Bank Vulnerability and the Credibility of Commitments - A Value-at-Risk Approach to Currency Crises
Liliana Schumacher and Bléjer, Mario
98/64: The Domestic and Foreign Price Gaps in the P-Star Model - Evidence from Spain
Alicia García-Herrero and Manoj Pradhan
98/63: Corruption Around the World - Causes, Consequences, Scope, and Cures
Vito Tanzi
98/62: Multiple Equilibrium, Variability, and the Development Process
Luis J. Carranza and Galdón-Sánchez, José
98/61: Rethinking Public Pension Reform Initiatives
Peter S. Heller
98/60: Growth, Trade, and Deindustrialization
Ramana Ramaswamy and Bob Rowthorn
98/59: Interest Rate Spreads in the Eastern Caribbean
Ruby Randall
98/58: Competitiveness and the Evolution of the Real Exchange Rate in Chile
Martine Guerguil and Martin Kaufman
98/57: Money Demand and Regional Monetary Policy in the West African Economic and Monetary Union
Philipp Rother
98/56: Public Sector Efficiency and Fiscal Austerity
International Monetary Fund
98/55: Fiscal Discipline and the Cost of Public Debt Service: Some Estimates for OECD Countries
Francesco Caselli
98/54: The Design of Instruments for Government Finance in an Islamic Economy
International Monetary Fund
98/53: How Far is Eastern Europe from Brussels?
Ratna Sahay , Végh Gramont, Carlos and Stanley Fischer
98/52: From Transition to Market - Evidence and Growth Prospects
Ratna Sahay , Stanley Fischer and Végh Gramont, Carlos
98/51: The Canadian Agreement on Internal Trade: Developments and Prospects
Michael Leidy
98/50: EMU, Adjustment, and Exchange Rate Variability
Luca Antonio Ricci and Peter Isard
98/49: Trade Liberalization and Tax Reform in the Southern Mediterranean Region
George Abed
98/48: Globalization and Relocation in a Vertically Differentiated Industry
Isabel Grilo and Tito Cordella
98/47: Immigration Flows and Regional Labor Market Dynamics
Dominique Marie Gross
98/46: The Relative Importance of Political and Economic Variables in Creditworthiness Ratings
International Monetary Fund
98/45: Output Decline in Transition: The Case of Kazakhstan
International Monetary Fund
98/44: Economic Announcements and the Timing of Public Debt Auctions
Marco Rossi
98/43: Anticipation and Surprises in Central Bank Interest Rate Policy: The Case of the Bundesbank
International Monetary Fund
98/42: The Italian Labor Market: Stylized Facts, Institutions, and Directions for Reform
Eswar Prasad and Francesca Utili
98/41: Virtual Deficits and the Patinkin Effect
Eliane Cardoso
98/40: Regional Trade Agreements Versus Board Liberalization: Which Path Leads to Faster Growth? Time-Series Evidence
Athanasios Vamvakidis
98/39: Preliminary Considerations of an Inflation Targeting Framework for the Philippines
G. Lim and Guy Debelle
98/38: Achieving Stabilization in Armenia
Horváth, Balázs
98/37: The Prudential Regulation and Management of Foreign Exchange Risk
Richard Abrams and Paulina Beato
98/36: Taxation and the Household Saving Rate - Evidence from OECD Countries
Howell H. Zee and Vito Tanzi
98/35: Should Public Pensions be Funded?
Richard Hemming
98/34: Evaluation of Taxes and Revenues from the Energy Sector in the Baltics, Russia, and Other Former Soviet Union Countries
Dale Gray
98/33: The Security Factor in the Political Economy of Development
Martin C. McGuire
98/32: An Econometric Analysis of Countries' Repayment Performance to the International Monetary Fund
Lynn Aylward and Rupert Thorne
98/31: Financial Infusion and Exiting from a Money Rule
Mark Stone
98/30: Islamic Banking - Issues in Prudential Regulations and Supervision
Luca Errico and Mitra Farahbaksh
98/29: Parametric Distributional Flexibility and Conditional Variance Models with an Application to Hourly Exchange Rates
Jeanette Ngaire Lye
98/28: Dollarization of Financial Intermediation: Causes and Policy Implications
Eduardo Levy Yeyati and Alain Ize
98/27: Post Stabilization Inflation Dynamics in Slovenia
Kevin Ross
98/26: Fiscal Sustainability with Non-Renewable Resources
Nigel Chalk
98/25: Coordination of Monetary and Fiscal Policies
International Monetary Fund
98/24: The Statistical Measurement of Financial Derivatives
Robert Heath
98/23: The Nonmonetary Determinants of Inflation - A Panel Data Study
Carlo Cottarelli
98/22: Opening Up and Geographic Diversification of Trade in Transition Economies
Oli Havrylyshyn and Hassan Al-Atrash
98/21: Monetary Policy with a Convex Phillips Curve and Asymmetric Loss
Demosthenes N. Tambakis
98/20: Poverty, Income Distribution, and Economic Policy in the Philippines
Philip Gerson
98/19: Financial Sector Reform and Monetary Policy in the Netherlands
Paul Hilbers
98/18: Public Debt Indexation and Denomination - The Case of Brazil
Ilan Goldfajn
98/17: Why Do Different Countries Use Different Currencies?
Narayana Kocherlakota and Thomas Krueger
98/16: Brady Bonds and Default Probabilities
Ivailo Izvorski
98/15: The Macroeconomic Consequences of Wage Indexation Revisited
Esteban Jadresic
98/14: Generational Accounting for France
Ousmane Dore and Joaquim Levy
98/13: Does the Introduction of Futures on Emerging Market Currencies Destabilize the Underlying Currencies?
Christian Jochum and Laura Kodres
98/12: French Public Finances: Modeling Long-Term Prospects and Reform Options
Karl Habermeier and Fabrice Lenseigne
98/11: Pension Reform in the Baltics, Russia, and other Countries of the Former Soviet Union (BRO)
International Monetary Fund
98/10: Open Regionalism in a World of Continental Trade Blocs
Jeffrey Alexander Frankel and Shang-Jin Wei
98/9: Uncertainty, Flexible Exchange Rates, and Agglomeration
Luca Antonio Ricci
98/8: Currency Boards: The Ultimate Fix?
Atish Ghosh
98/7: Income Inequality - Does Inflation Matter?
Ales Bulir
98/6: How to Deal with Azerbaijan's Oil Boom? Policy Strategies in a Resource-Rich Transition Economy
Christoph Rosenberg and Tapio Saavalainen
98/5: Estimating Egypt's Equilibrium Real Exchange Rate
Joannes Mongardini
98/4: Economic Security, Private Investment, and Growth in Developing Countries
Poirson, Hélène
98/3: Exchange Rate Uncertainty in Money-Based Stabilization Programs
R. Morales
98/2: Developing Countries and the Feldstein-Horioka Puzzle
Romain Wacziarg and Athanasios Vamvakidis
98/1: The Impact of Fiscal Policy Variables on Output Growth
Philip Gerson
97/182: Winner-Loser Reversals in National Stock Market Indices - Can They be Explained?
Anthony Richards
97/181: Empirical Determinants of Household Saving - Evidence from OECD Countries
Tim Callen and Christian Thimann
97/180: Evolution of Monetary Policy Instruments in Russia
Baliño, Tomás , Jakob Horder and David Hoelscher
97/179: A Decade of Civil Service Reform in Sub-Saharan Africa
Ian Lienert and Jitendra Modi
97/178: Some Issues in the Design of Monetary Instruments for the Operation of European Economic and Monetary Union
Paul Hilbers , Arto Kovanen and Charles Enoch
97/177: IMF Estimates of Potential Output: Theory and Practice
Paula De Masi
97/176: Is the Exchange Rate a Shock Absorber? The Case of Sweden
Alun Thomas
97/175: The Capital Structure of Listed Companies in Poland
Qaizar Hussain and Eugeniy Nivorozhkin
97/174: Money, Wages and Inflation in Middle-Income Developing Countries
Agénor, Pierre-Richard and Alexander W. Hoffmaister
97/173: Vertical Tax Externalities in the Theory of Fiscal Federalism
Michael Keen
97/172: International Evidence on the Determinants of Trade Dynamics
Eswar Prasad and Jeffery Gable
97/171: The Bank of Canada's Monetary Policy Framework - Have Recent Changes Enhanced Central Bank Credibility?
Takatoshi Ito and González-Hermosillo, Brenda
97/170: An Econometric Analysis of the Determinants of Inflation in Turkey
Laura Papi and G. Lim
97/169: Investment, Uncertainty, and Irreversibility in Ghana
Catherine Pattillo
97/168: Sharp Reductions in Current Account Deficits: An Empirical Analysis
Gian Maria Milesi-Ferretti and Assaf Razin
97/167: Regional Integration and Baltic Trade and Investment Performance
Robert Sharer
97/166: Risk Management of Sovereign Assets and Liabilities
Marcel Cassard and D. Folkerts-Landau
97/165: Private Investment and Endogenous Growth - Evidence From Cameroon
Dhaneshwar Ghura
97/164: Speculative Attacks, Forward Market Intervention and the Classic Bear Squeeze
Subir Lall
97/163: Policy Reform as Collective Action
Omotunde Johnson
97/162: Payment Arrears in the Gas and Electric Power Sectors of the Russian Federation and Ukraine
Emine Gürgen and Hrant Bagratian
97/161: Lessons from Systemic Bank Restructuring: A Survey of 24 Countries
Ceyla Pazarbasioglu and Claudia Dziobek
97/160: The Real Effects of Monetary Policy in the European Union: What Are the Differences?
Ramana Ramaswamy and Sløk, Torsten
97/159: Are Currency Crises Predictable?
Valdés, Rodrigo and Ilan Goldfajn
97/158: Prices in Transition - Ten Stylized Facts
Paula De Masi and Vincent Koen
97/157: Sequencing Capital Account Liberalization - Lessons from the Experiences in Chile, Indonesia, Korea, and Thailand
Claudia Echeverria , Salim Darbar and R. Johnston
97/156: The CFA Franc Zone and the EMU
Michel Galy and Michael Hadjimichael