IMF Working Papers

From International Monetary Fund
International Monetary Fund, Washington, DC USA.
Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().

Access Statistics for this working paper series.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

2006/301: The Shortcomings of a Partial Release of Employment Protection Laws: The Case of the 2005 French Reform

Pierre Cahuc and Stéphane Carcillo

2006/300: A VAR Analysis of Kenya’s Monetary Policy Transmission Mechanism: How Does the Central Bank’s REPO Rate Affect the Economy?

Kevin Cheng

2006/299: Recent Dynamics of Crude Oil Prices

Noureddine Krichene

2006/298: Tax, Welfare, and Pension Reforms in Slovenia: Implications for Work Incentives and Labor Participation

Philippe Egoume Bossogo and Anita Tuladhar

2006/297: Bank Risk-Taking and Competition Revisited: New Theory and New Evidence

Gianni De Nicolo, Abu M. Jalal and John Boyd

2006/296: Economic Integration and Financial Stability: A European Perspective

Gianni De Nicolo and Alexander Tieman

2006/295: Probabilistic Sustainability of Public Debt: A Vector Autoregression Approach for Brazil, Mexico, and Turkey

Evan Tanner and Issouf Samaké

2006/294: Effects of Globalization on Labor’s Share in National Income

Anastasia Guscina

2006/293: Corporate Governance Quality: Trends and Real Effects

Kenichi Ueda, Gianni De Nicolo and Luc Laeven

2006/292: The Rise of Foreign Investment in China’s Banks—Taking Stock

Lamin Leigh and Richard Podpiera

2006/291: Rebalancing China’s Economy: What Does Growth Theory Tell Us?

Jahangir Aziz

2006/290: A Gravity Model of Workers’ Remittances

Erik Lueth and Marta Ruiz-Arranz

2006/289: Testing the Transparency Benefits of Inflation Targeting: Evidence from Private Sector Forecasts

Christopher Crowe

2006/288: Regulatory Lessons from the Crisis of Costa Rica’s Mutual Fund Industry

Ana Carvajal

2006/287: Volatility and Growth in Latin America: An Episodic Approach

Ratna Sahay and Rishi Goyal

2006/286: Managing and Controlling Extrabudgetary Funds

Dimitar Radev and Richard Allen

2006/285: How Does the Introduction of Health Insurance Change the Equity of Health Care Provision in Bulgaria?

Nora Markova

2006/284: Solow Versus Harrod-Domar: Reexamining the Aid Costs of the First Millennium Development Goal

Carl-Johan Dalgaard and Lennart Erickson

2006/283: Portfolio Credit Risk and Macroeconomic Shocks: Applications to Stress Testing Under Data-Restricted Environments

Miguel Segoviano

2006/282: Brazil’s Long-Term Growth Performance—Trying to Explain the Puzzle

Ricardo Adrogué, Martin Cerisola and R. Gaston Gelos

2006/281: Central Bank Boards Around the World: Why Does Membership Size Differ?

Helge Berger, Tonny Lybek and Volker Nitsch

2006/280: Financial Versus Monetary Mercantilism: Long-Run View of Large International Reserves Hoarding

Jaewoo Lee and Joshua Aizenman

2006/279: Uganda: Managing More Effective Decentralization

Giorgio Brosio, Ehtisham Ahmad and Maria Gonzalez

2006/278: Implementing Inflation Targeting: Institutional Arrangements, Target Design, and Communications

Marcel Peter, Scott Roger and Geoffrey Heenan

2006/277: Elements of Optimal Monetary Policy Committee Design

Jerome Vandenbussche

2006/276: Credit Flows, Fiscal Policy, and the External Deficit of Bosnia and Herzegovina

Daniel Kanda

2006/275: The Myth of Post-Reform Income Stagnation in Brazil

Irineu de Carvalho Filho and Marcos Chamon

2006/274: The IMF’s Reserves Template and Nominal Exchange Rate Volatility

Jesus Gonzalez-Garcia and John Cady

2006/273: Rethinking the Governance of the International Monetary Fund

Abbas Mirakhor and Iqbal Zaidi

2006/272: Is Asia Prepared for an Aging Population?

Peter Heller

2006/271: The Size Distribution of Firms, Cournot, and Optimal Taxation

Mark Gersovitz

2006/270: Making Fiscal Space Happen: Managing Fiscal Policy in a World of Scaled-Up Aid

Xavier Debrun, Peter Heller, Theo Thomas, Menachem Katz, Isabell Adenauer and Taline Koranchelian

2006/269: Currency Mismatches and Corporate Default Risk: Modeling, Measurement, and Surveillance Applications

Andre Santos and Jorge Chan-Lau

2006/268: Specification of a Stochastic Simulation Model for Assessing Debt Sustainability in Emerging Market Economies

Philippe Karam and Doug Hostland

2006/267: Financial Integration in Asia: Estimating the Risk-Sharing Gains for Australia and Other Nations

Benoît Mercereau

2006/266: Asian Equity Markets: Growth, Opportunities, and Challenges

Charles Kramer, Catriona Purfield, Hiroko Oura and Andreas Jobst

2006/265: What’s Driving Investment in China?

Steven Barnett and R. Brooks

2006/264: Banks As Coordinators of Economic Growth

Kenichi Ueda

2006/263: Can Good Events Lead to Bad Outcomes? Endogenous Banking Crises and Fiscal Policy Responses

Celine Rochon and Andrew Feltenstein

2006/262: Stabilizing Inflation in Iceland

Keiko Honjo and Benjamin Hunt

2006/261: Export Performance and External Competitiveness in the former Yugoslav Republic of Macedonia

Eva Gutierrez

2006/260: Political Price Cycles in Regulated Industries: Theory and Evidence

Claudio Paiva and Rodrigo Moita

2006/259: Allowances for Corporate Equity in Practice

Alexander Klemm

2006/258: Financial Development, the Structure of Capital Markets, and the Global Digital Divide

Charles Amo Yartey

2006/257: To Smooth or Not to Smooth—The Impact of Grants and Remittances on the Equilibrium Real Exchange Rate in Jordan

Martin Petri and Tahsin Saadi Sedik

2006/256: Goal-Independent Central Banks: Why Politicians Decide to Delegate

Christopher Crowe

2006/255: Exchange Rate Risk Measurement and Management: Issues and Approaches for Firms

Michael Papaioannou

2006/254: The Pricing of Credit Default Swaps During Distress

Manmohan Singh and Jochen Andritzky

2006/253: Fiscal Consolidation in Israel: A Global Fiscal Model Perspective

Natan Epstein, Selim Elekdag and Marialuz Moreno Badia

2006/252: Sustaining Latin America's Resurgence: Some Historical Perspectives

Anoop Singh and Martin Cerisola

2006/251: Are the French Happy with the 35-Hour Workweek?

Marcello Estevão and Filipa Sa

2006/250: What Do Remittances Do? Analyzing the Private Remittance Transmission Mechanism in El Salvador

Luis René Cáceres and Nolvia Nery Saca

2006/249: Testing Real Interest Parity in Emerging Markets

Abhisek Banerjee and Manmohan Singh

2006/248: Transmission Mechanisms of Monetary Policy in Armenia: Evidence from VAR Analysis

Era Dabla-Norris and Holger Floerkemeier

2006/247: The Magnitude and Distribution of Fuel Subsidies: Evidence from Bolivia, Ghana, Jordan, Mali, and Sri Lanka

Robert Gillingham, David Newhouse, David Coady, Kangni Kpodar, Moataz El-Said and Paulo Medas

2006/246: Monetary Transmission Mechanisms in Belarus

Rodolfo Maino and Balázs Horváth

2006/245: A Small Foreign Exchange Market with a Long-Term Peg: Barbados

Travis Mitchell, Roland Craigwell and Rupert Worrell

2006/244: New Evidence on Fiscal Adjustment and Growth in Transition Economies

Sanjeev Gupta, Alejandro Simone and Alex Segura-Ubiergo

2006/243: Fuel Price Subsidies in Gabon: Fiscal Cost and Distributional Impact

Daniel Leigh and Moataz El-Said

2006/242: Banking on the Principles: Compliance with Basel Core Principles and Bank Soundness

Enrica Detragiache, Thierry Tressel and Asli Demirguc-Kunt

2006/241: Integration of the Securities Market Infrastructure in the European Union: Policy and Regulatory Issues

Elias Kazarian

2006/240: Revenue Authorities: Issues and Problems in Evaluating their Success

Maureen Kidd and William Joseph Crandall

2006/239: How Does the Global Economic Environment Influence the Demand for IMF Resources?

Selim Elekdag

2006/238: Bond Markets As Conduits for Capital Flows: How Does Asia Compare?

Pipat Luengnaruemitchai and Barry Eichengreen

2006/237: Diversity in the Workplace

Felix Vardy and John Morgan

2006/236: FEER for the CFA Franc

Charalambos Tsangarides and Yasser Abdih

2006/235: Public Debt and Productivity: The Difficult Quest for Growth in Jamaica

Rodolphe Blavy

2006/234: Pacific Island Countries: Possible Common Currency Arrangement

David Orsmond and Christopher Browne

2006/233: Gender and its Relevance to Macroeconomic Policy: A Survey

Janet Stotsky

2006/232: Gender Budgeting

Janet Stotsky

2006/231: Barriers to Retail Competition and Prices: Evidence From Spain

Alexander Hoffmaister

2006/230: Productivity Growth, Technological Convergence, RandD, Trade, and Labor Markets: Evidence From the French Manufacturing Sector

Tehmina S. Khan

2006/229: The Optimal Level of International Reserves for Emerging Market Countries: Formulas and Applications

Romain Ranciere and Olivier Jeanne

2006/228: Measures of Central Bank Autonomy: Empirical Evidence for OECD, Developing, and Emerging Market Economies

Jean-François Segalotto, Marco Arnone and Bernard Laurens

2006/227: The Measurement of Central Bank Autonomy: Survey of Models, Indicators, and Empirical Evidence

Bernard Laurens, Marco Arnone and Jean-François Segalotto

2006/226: Beauty Queens and Wallflowers: Currency Unions in the Middle East and Central Asia

Katrin Elborgh-Woytek and Julian Berengaut

2006/225: Assessing Banking Sector Soundness in a Long-Term Framework: The Case of Venezuela

Rodolphe Blavy

2006/224: A Debt Overhang Model for Low-Income Countries: Implications for Debt Relief

Junko Koeda

2006/223: Default, Credit Growth, and Asset Prices

C. Goodhart, Miguel Segoviano and Boris Hofmann

2006/222: Economic and Political Determinants of Tax Amnesties in the U.S. States

Eric Le Borgne

2006/221: External Adjustment and Equilibrium Exchange Rate in Brazil

Claudio Paiva

2006/220: How Robust are Estimates of Equilibrium Real Exchange Rates: The Case of China

Lamin Leigh, Steven Dunaway and Xiangming Li

2006/219: Post-Crisis Recovery: When Does Increased Fiscal Discipline Work?

Pritha Mitra

2006/218: The "Flat Tax(es)": Principles and Evidence

Ricardo Varsano, Kevin Kim and Michael Keen

2006/217: The Limits of Market-Based Risk Transfer and Implications for Managing Systemic Risks

Nicolas Blancher, François Haas, John Kiff, Oksana Khadarina, Paul Mills, Parmeshwar Ramlogan, William Lee, Yoon Sook Kim, Todd Groome and Shinobu Nakagawa

2006/216: Fiscal Determinants of Inflation: A Primer for the Middle East and North Africa

Ludvig Söderling and Domenico Fanizza

2006/215: Distance-to-Default in Banking: A Bridge Too Far?

Amadou Sy and Jorge Chan-Lau

2006/214: Financial Integration in the West African Economic and Monetary Union

Amadou Sy

2006/213: The Incidence and Effectiveness of Prior Actions in IMF-supported Programs

Uma Ramakrishnan and Alun Thomas

2006/212: Political Instability and Inflation Volatility

Francisco Veiga and Ari Aisen

2006/211: The Monetary Policy Regime and Banking Spreads in Barbados

Laura Valderrama and Wendell Samuel

2006/210: Growth and Reforms in Latin America: A Survey of Facts and Arguments

Jeromin Zettelmeyer

2006/209: Measuring Competitiveness

J. Peter Neary

2006/208: Economic Growth and Total Factor Productivity in Niger

Jean-Claude Nachega and Thomson Fontaine

2006/207: Money Market Integration

Leonardo Bartolini, R. Spence Hilton and Alessandro Prati

2006/206: Common Volatility Trends in the Central and Eastern European Currencies and the Euro

Marcus Pramor and Natalia Tamirisa

2006/205: The External Financing of Emerging Market Countries: Evidence from Two Waves of Financial Globalization

Aleksandar Zaklan, Paolo Mauro, Martín Minnoni and Andre Faria

2006/204: A Principal-Agent Theory Approach to Public Expenditure Management Systems in Developing Countries

Luc Leruth and Elisabeth Paul

2006/203: Fiscal Implications of Multilateral Tariff Cuts

Azim Sadikov, Hans Lankes, Dustin Smith, Katrin Elborgh-Woytek and Jean-Jacques Hallaert

2006/202: Do Some Forms of Financial Flows Help Protect From Sudden Stops?

Paolo Mauro and Andrei Levchenko