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IMF Working Papers

From International Monetary Fund
International Monetary Fund, Washington, DC USA.
Contact information at EDIRC.

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2002/072: Is Policy Ownership An Operational Concept? Downloads
James Boughton and Alex Mourmouras
2002/071: The Costs and Benefits of Various Wage Bargaining Structures: An Empirical Exploration Downloads
Alun Thomas
2002/070: You Say You Want A Revolution: Information Technology and Growth Downloads
James Morsink and Markus Haacker
2002/069: External Debt and Growth Downloads
Hélène Poirson, Luca Ricci and Catherine Pattillo
2002/068: The Aging of the Population and the Size of the Welfare State Downloads
Phillip Swagel, Efraim Sadka and Assaf Razin
2002/067: Fiscal Revenues in South Mediterranean Arab Countries: Vulnerabilities and Growth Potential Downloads
Karim Nashashibi
2002/066: The Boom, Bust and Restructuring of Indonesian Banks Downloads
Mari Pangestu and Manggi Habir
2002/065: Reserve Requirementson Foreign Currency Deposits in Sub-Saharan Africa: Main Features and Policy Implications Downloads
Arto Kovanen
2002/064: What Moves Capital to Transition Economies? Downloads
Nada Mora, Ratna Sahay, Jeromin Zettelmeyer and Pietro Garibaldi
2002/063: Dread of Depreciation: Measuring Real Exchange Rate Interventions Downloads
Jayasri Dutta
2002/062: Holding International Reserves in an Era of High Capital Mobility Downloads
Robert Flood and Nancy Marion
2002/061: Foreign Direct Investment in Africa—Some Case Studies Downloads
Anupam Basu and Krishna Srinivasan
2002/060: Energy Sector Quasi-Fiscal Activities in the Countries of the Former Soviet Union Downloads
Aleh Tsyvinski, Martin Petri and Günther Taube
2002/059: The Role of Corporate, Legal and Macroeconomic Balance Sheet Indicators in Crisis Detection and Prevention Downloads
Manuel De la Rocha, Roberto Perrelli and Christian Mulder
2002/058: How Do Treasury Systems Operate in Sub-Saharan Francophone Africa? Downloads
Luc Leruth, Dominique Bouley and Jerome Fournel
2002/057: Early Ideas on Sovereign Bankruptcy Reorganization: A Survey Downloads
Kenneth Rogoff and Jeromin Zettelmeyer
2002/056: Banking Crises and Bank Resolution: Experiences in Some Transition Economies Downloads
International Monetary Fund
2002/055: Systemic Risk and Financial Consolidation: Are they Related? Downloads
Gianni De Nicolo and Myron Kwast
2002/054: The Transmission Mechanism of European Monetary Policy: Is There Heterogeneity? Is it Changing over Time? Downloads
Matteo Ciccarelli and Alessandro Rebucci
2002/053: Credit Stagnation in Latin America Downloads
Adolfo Barajas and Roberto Steiner
2002/052: Why White, Not Keynes? Inventing the Post-War International Monetary System Downloads
James Boughton
2002/051: External Wealth, the Trade Balance, and the Real Exchange Rate Downloads
Philip Lane and Gian Maria Milesi-Ferretti
2002/050: Primeron Reforms in a Second-Best Ambiguous Environment: A Case for Gradualism Downloads
S. Erbas
2002/049: The Rule of Law and the Pattern of Environment Protection Downloads
Muthukumara Mani and Per Fredriksson
2002/048: Candidate Entry, Screening, and the Political Budget Cycle Downloads
Eric Le Borgne and Ben Lockwood
2002/047: Foreign Direct Investment in Emerging Markets: Income, Repatriations and Financial Vulnerabillities Downloads
Alexander Lehmann
2002/046: Regulatory and Supervisory Independence and Financial Stability Downloads
Michael Taylor and Marc Quintyn
2002/045: The Impact of Cyclical Factors on the U. S. Balance of Payments Downloads
Joshua Greene and Magda Kandil
2002/044: Optimal Central Bank Conservatism and Monopoly Trade Unions Downloads
Carsten Hefeker, Helge Berger and Ronnie Schlöb
2002/043: International Capital Crunches: The Time-Varying Role of Informational Asymmetries Downloads
Ashoka Mody and Mark Taylor
2002/042: Wage Inequality in the United Kingdom, 1975–99 Downloads
Eswar Prasad
2002/041: A Dynamic General Equilibrium Framework of Investment with Financing Constraint Downloads
Danyang Xie and Chi-Wa Yuen
2002/040: Issues in Global Natural Gas: A Primer and Analysis Downloads
Bright Okogu
2002/039: Dornbusch’s Overshooting Model After Twenty-Five Years Downloads
Kenneth Rogoff
2002/038: The Economic Consequences of HIV/AIDS in Southern Africa Downloads
Markus Haacker
2002/037: On-the-Job Search and the Beveridge Curve Downloads
Andrés Fuentes Hutfilter
2002/036: Columbia or High School? Understanding the Roles of Education in Development Downloads
Rodney Ramcharan
2002/035: Social Sector Spending in a Panel of Countries Downloads
Reza Baqir
2002/034: Monetary Rules for Emerging Market Economies Downloads
Alessandro Rebucci and Fabio Ghironi
2002/033: Trust As a Means of Improving Corporate Governance and Efficiency Downloads
Ralph Chami and Connel Fullenkamp
2002/032: Purchasing Power Parity and New Trade Theory Downloads
Luca Ricci and Ronald MacDonald
2002/031: A Model of Multiple Equilibria in Geographic Labor Mobility Downloads
Luis Ubeda and Antonio Spilimbergo
2002/030: Nominal Exchange Rate Anchoring Under Inflation Inertia Downloads
Guillermo Calvo, Michael Kumhof and Oya Celasun
2002/029: A Fiscal Theory of the Currency Risk Premium and of Sterilized Intervention Downloads
Michael Kumhof and Stijn Van Nieuwerburgh
2002/028: The Forward Premium Puzzle Revisited Downloads
Guy Meredith and Yue Ma
2002/027: Commodity Currencies and Empirical Exchange Rate Puzzles Downloads
Kenneth Rogoff and Yu-chin Chen
2002/026: Growth and Convergence in a Two-Region Model: The Hypothetical Case of Korean Unification Downloads
Michael Funke and Holger Strulik
2002/025: The Output Decline in Asian Crisis Countries: Investment Aspects Downloads
Joshua Greene
2002/024: Assessing Accuracy and Reliability: A Note Basedon Approaches Used in National Accounts and Balance of Payments Statistics Downloads
Carol Carson and Lucie Laliberté
2002/023: Why is Unemployment High in the Philippines? Downloads
R. Brooks
2002/022: Budget System Reform in Transitional Economies: The Experience of Russia Downloads
Jack Diamond
2002/021: The New Russian Budget System: A Critical Assessment and Future Reform Agenda Downloads
Jack Diamond
2002/020: Lending Booms, Real Estate Bubbles and the Asian Crisis Downloads
Abdelhak Senhadji and Charles Collyns
2002/019: Debt, Deficits, and Age-Specific Mortality Downloads
Hamid Faruqee
2002/018: A New Rule: The Swiss Debt Brake Downloads
Stephan Danninger
2002/017: The Role of Affordable Mortgages in Improving Living Standards and Stimulating Growth: A Survey of Selected Mena Countries Downloads
Frank Nothaft and S. Erbas
2002/016: Population Aging and its Macroeconomic Implications: A Framework for Analysis Downloads
Hamid Faruqee
2002/015: Activation of a Modern Industry Downloads
Danyang Xie and Ping Wang
2002/014: Exchange Market Pressure, Currency Crises, and Monetary Policy: Additional Evidence From Emerging Markets Downloads
Evan Tanner
2002/013: Sources of Economic Growth in East Asia: A Nonparametric Assessment Downloads
Mohsin Khan, Shigeru Iwata and Hiroshi Murao
2002/012: Mexico: Experiences with Pro-Poor Expenditure Policies Downloads
Ana Corbacho and Gerd Schwartz
2002/011: Capital Flows to Transition Economies: Master or Servant? Downloads
Leslie Lipschitz, Alex Mourmouras and Timothy Lane
2002/010: Impact of Structural Reformson Productivity Growth in Industrial Countries Downloads
Ranil Salgado
2002/009: Structural Vulnerabilities and Currency Crises Downloads
Swart Ghosh and Atish Ghosh
2002/008: The Corporate Spread Curve and Industrial Production in the United States Downloads
Jorge Chan-Lau and Iryna Ivaschenko
2002/007: Predicting Emerging Market Currency Crashes Downloads
W. Perraudin, Manmohan Kumar and Uma Moorthy
2002/006: Financial Reforms and Interest Rate Spreads in the Commercial Banking System in Malawi Downloads
Ephraim Chirwa and Montfort Mlachila
2002/005: Fiscal Sustainability and Monetary Versus Fiscal Dominance: Evidence From Brazil, 1991-2000 Downloads
Evan Tanner and Alberto Ramos
2002/004: Financial Crises, Poverty, and Income Distribution Downloads
International Monetary Fund
2002/003: Currency Crises and Uncertainty About Fundamentals Downloads
Massimo Sbracia and Alessandro Prati
2002/002: The Austrian Theory of Business Cycles: Old Lessons for Modern Economic Policy? Downloads
Stefan Oppers
2002/001: The Impact of Changes in Stock Prices and House Priceson Consumption in OECD Countries Downloads
Alexander Ludwig and Torsten Sloek
2001/216: Import-Reducing Effect of Trade Barriers: A Cross-Country Investigation Downloads
Qing Wang
2001/215: An Investigation of Output Variance Before and During Inflation Targeting Downloads
Francisco Nadal De Simone
2001/214: Pension Reform and the Fiscal Policy Stance Downloads
Philip Gerson, George Mackenzie, Peter Heller and Alfredo Cuevas
2001/213: A Model of the Joint Distribution of Banking and Exchange-Rate Crises Downloads
Nancy Marion and Robert Flood
2001/212: Legal Central Bank Independence and Inflation in Latin America During the 1990s Downloads
Luis Jácome
2001/211: Systemic Weaknesses of Budget Management in Anglophone Africa Downloads
Ian Lienert and Feridoun Sarraf
2001/210: Convertibility Risk: The Precautionary Demand for Foreign Currency in a Crisis Downloads
Alex Mourmouras, Stabley Black and Charalambos Christofides
2001/209: The Treatment of Nonperforming Loans in Macroeconomic Statistics Downloads
Cornelis Gorter and Adriaan Bloem
2001/208: Government Spending, Legislature Size, and the Executive Veto Downloads
Reza Baqir
2001/207: Uncovered Interest Parity in Crisis: The Interest Rate Defense in the 1990s Downloads
Andrew Rose and Robert Flood
2001/206: Quantity Controls, License Transferability, and the Level of Investment Downloads
Ling Hui Tan, Kala Krishna and Ram Ranjan
2001/205: Central Bank Independence and the Design of Fiscal Institutions Downloads
Francesca Castellani and Xavier Debrun
2001/204: The Impact of Corporate Governance Structures on the Agency Cost of Debt Downloads
Jorge Chan-Lau
2001/203: Mind the Gap: What is the Best Measure of Slack in the Euro Area? Downloads
Angel Ubide and Kevin Ross
2001/202: Corporate Restructuring in Japan: An Event-Study Analysis Downloads
Jorge Chan-Lau
2001/201: Financial Stability and Fiscal Crises in a Monetary Union Downloads
Samir Jahjah
2001/199: Regional Disparities and Transfer Policies in Russia: Theory and Evidence Downloads
Era Dabla-Norris and Shlomo Weber
2001/198: Sources of Inflation in Developing Countries Downloads
Prakash Loungani and Phillip Swagel
2001/197: Limiting Currency Volatility to Stimulate Goods Market Integration: A Price-Based Approach Downloads
David Parsley and Shang-Jin Wei
2001/196: An Unbiased Appraisal of Purchasing Power Parity Downloads
Christopher McDermott and Paul Cashin
2001/195: Fiscal Expenditure Policy and Non-Oil Economic Growth: Evidence from GCC Countries Downloads
Qing Wang and Ugo Fasano-Filho
2001/194: Exchange Rate Pass-Through to Domestic Prices: Does the Inflationary Environment Matter? Downloads
Dalia Hakura and Ehsan Choudhri
2001/193: Stock Market Liberalizations: Financial and Macroeconomic Implications Downloads
Norbert Funke and Nicola Fuchs-Schündeln
2001/192: Capital Flows and Their Macroeconomic Effects in India Downloads
Renu Kohli
2001/191: Foreign Currency Credit Ratings for Emerging Market Economies Downloads
Roberto Perrelli and Christian Mulder
2001/190: Exchange Rates and Capital Flows Downloads
Robin Brooks, Torsten Sloek, Manmohan Kumar and Hali Edison
2001/189: Speculative Attacks in the Asian Crisis Downloads
Zhiwei Zhang
2001/188: Measuring Statistical Capacity Building: A Logical Framework Approach Downloads
Thomas Morrison and Sarmad Khawaja
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