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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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1998/066: The Fiscal Effects of Monetary Policy Downloads
Momi Dahan
1998/065: Central Bank Vulnerability and the Credibility of Commitments: A Value-at-Risk Approach to Currency Crises Downloads
Liliana Schumacher and Mario Bléjer
1998/064: The Domestic and Foreign Price Gaps in the P-STAR Model: Evidence from Spain Downloads
Alicia García-Herrero and Manoj Pradhan
1998/063: Corruption Around the World: Causes, Consequences, Scope, and Cures Downloads
Vito Tanzi
1998/062: Multiple Equilibrium, Variability, and the Development Process Downloads
Luis Carranza and José Galdón-Sánchez
1998/061: Rethinking Public Pension Reform Initiatives Downloads
Peter Heller
1998/060: Growth, Trade, and Deindustrialization Downloads
Ramana Ramaswamy and Bob Rowthorn
1998/059: Interest Rate Spreads in the Eastern Caribbean Downloads
Ruby Randall
1998/058: Competitiveness and the Evolution of the Real Exchange Rate in Chile Downloads
Martine Guerguil and Martin Kaufman
1998/057: Money Demand and Regional Monetary Policy in the West African Economic and Monetary Union Downloads
Philipp Rother
1998/056: Public Sector Efficiency and Fiscal Austerity Downloads
International Monetary Fund
1998/055: Fiscal Discipline and the Cost of Public Debt Service: Some Estimates for OECD Countries Downloads
Francesco Caselli
1998/054: The Design of Instruments for Government Finance in an Islamic Economy Downloads
International Monetary Fund
1998/053: How Far Is Eastern Europe from Brussels? Downloads
Ratna Sahay, Carlos Végh Gramont and Stanley Fischer
1998/052: From Transition to Market: Evidence and Growth Prospects Downloads
Ratna Sahay, Stanley Fischer and Carlos Végh Gramont
1998/051: The Canadian Agreement on Internal Trade: Developments and Prospects Downloads
Michael Leidy
1998/050: EMU, Adjustment, and Exchange Rate Variability Downloads
Luca Ricci and Peter Isard
1998/049: Trade Liberalization and Tax Reform in the Southern Mediterranean Region Downloads
George Abed
1998/048: “Globalization” and Relocation in a Vertically Differentiated Industry Downloads
Isabel Grilo and Tito Cordella
1998/047: Immigration Flows and Regional Labor Market Dynamics Downloads
Dominique Gross
1998/046: The Relative Importance of Political and Economic Variables in Creditworthiness Ratings Downloads
International Monetary Fund
1998/045: Output Decline in Transition: The Case of Kazakhstan Downloads
International Monetary Fund
1998/044: Economic Announcements and the Timing of Public Debt Auctions Downloads
Marco Rossi
1998/043: Anticipation and Surprises in Central Bank Interest Rate Policy: The Case of the Bundesbank Downloads
International Monetary Fund
1998/042: The Italian Labor Market: Stylized Facts, Institutions, and Directions for Reform Downloads
Eswar Prasad and Francesca Utili
1998/041: Virtual Deficits and the Patinkin Effect Downloads
Eliane Cardoso
1998/040: Regional Trade Agreements Versus Broad Liberalization: Which Path Leads to Faster Growth? Time-Series Evidence Downloads
Athanasios Vamvakidis
1998/039: Preliminary Considerations of an Inflation Targeting Framework for the Philippines Downloads
G. Lim and Guy Debelle
1998/038: Achieving Stabilization in Armenia Downloads
Balázs Horváth
1998/037: The Prudential Regulation and Management of Foreign Exchange Risk Downloads
Richard Abrams and Paulina Beato
1998/036: Taxation and the Household Saving Rate: Evidence from OECD Countries Downloads
Howell Zee and Vito Tanzi
1998/035: Should Public Pensions be Funded? Downloads
Richard Hemming
1998/034: Evaluation of Taxes and Revenues From the Energy Sector in the Baltics, Russia, and Other Former Soviet Union Countries Downloads
Dale Gray
1998/033: The Security Factor in The Political Economy of Development Downloads
Martin McGuire
1998/032: An Econometric Analysis of Countries' Repayment Performance to the International Monetary Fund Downloads
Lynn Aylward and Rupert Thorne
1998/031: Financial Infusion and Exiting from a Money Rule Downloads
Mark Stone
1998/030: Islamic Banking: Issues in Prudential Regulations and Supervision Downloads
Luca Errico and Mitra Farahbaksh
1998/029: Parametric Distributional Flexibility and Conditional Variance Models with an Application to Hourly Exchange Rates Downloads
Jeanette Lye
1998/028: Dollarization of Financial Intermediation: Causes and Policy Implications Downloads
Eduardo Levy Yeyati and Alain Ize
1998/027: Post Stabilization Inflation Dynamics in Slovenia Downloads
Kevin Ross
1998/026: Fiscal Sustainability with Non-Renewable Resources Downloads
Nigel Chalk
1998/025: Coordination of Monetary and Fiscal Policies Downloads
International Monetary Fund
1998/024: The Statistical Measurement of Financial Derivatives Downloads
Robert Heath
1998/023: The Nonmonetary Determinants of Inflation: A Panel Data Study Downloads
Carlo Cottarelli
1998/022: Opening Up and Geographic Diversification of Trade in Transition Economies Downloads
Oleh Havrylyshyn and Hassan Al-Atrash
1998/021: Monetary Policy with a Convex Phillips Curve and Asymmetric Loss Downloads
Demosthenes Tambakis
1998/020: Poverty, Income Distribution, and Economic Policy in the Philippines Downloads
Philip Gerson
1998/019: Financial Sector Reform and Monetary Policy in the Netherlands Downloads
Paul Hilbers
1998/018: Public Debt Indexation and Denomination: The Case of Brazil Downloads
Ilan Goldfajn
1998/017: Why Do Different Countries Use Different Currencies? Downloads
Narayana Kocherlakota and Thomas Krueger
1998/016: Brady Bonds and Default Probabilities Downloads
Ivailo Izvorski
1998/015: The Macroeconomic Consequences of Wage Indexation Revisited Downloads
Esteban Jadresic
1998/014: Generational Accounting for France Downloads
Ousmane Dore and Joaquim Levy
1998/013: Does the Introduction of Futures on Emerging Market Currencies Destabilize the Underlying Currencies? Downloads
Christian Jochum and Laura Kodres
1998/012: French Public Finances: Modeling Long-Term Prospects and Reform Options Downloads
Karl Habermeier and Fabrice Lenseigne
1998/011: Pension Reform in the Baltics, Russia, and other Countries of the Former Soviet Union (BRO) Downloads
International Monetary Fund
1998/010: Open Regionalism in a World of Continental Trade Blocs Downloads
Jeffrey Frankel and Shang-Jin Wei
1998/009: Uncertainty, Flexible Exchange Rates, and Agglomeration Downloads
Luca Ricci
1998/008: Currency Boards: The Ultimate Fix? Downloads
Atish Ghosh
1998/007: Income Inequality: Does Inflation Matter? Downloads
Ales Bulir
1998/006: How to Deal with Azerbaijan’s Oil Boom? Policy Strategies in a Resource-Rich Transition Economy Downloads
Christoph Rosenberg and Tapio Saavalainen
1998/005: Estimating Egypt’s Equilibrium Real Exchange Rate Downloads
Joannes Mongardini
1998/004: Economic Security, Private Investment, and Growth in Developing Countries Downloads
Hélène Poirson
1998/003: Exchange Rate Uncertainty in Money-Based Stabilization Programs Downloads
Rogelio Morales
1998/002: Developing Countries and the Feldstein-Horioka Puzzle Downloads
Romain Wacziarg and Athanasios Vamvakidis
1998/001: The Impact of Fiscal Policy Variables on Output Growth Downloads
Philip Gerson
1997/182: Winner-Loser Reversals in National Stock Market Indices: Can they Be Explained? Downloads
Anthony Richards
1997/181: Empirical Determinants of Household Saving: Evidence From OECD Countries Downloads
Tim Callen and Christian Thimann
1997/180: Evolution of Monetary Policy Instruments in Russia Downloads
Tomás Baliño, Jakob Horder and David Hoelscher
1997/179: A Decade of Civil Service Reform in Sub-Saharan Africa Downloads
Ian Lienert and Jitendra Modi
1997/178: Some Issues in the Design of Monetary Instruments for the Operation of European Economic and Monetary Union Downloads
Paul Hilbers, Arto Kovanen and Charles Enoch
1997/177: IMF Estimates of Potential Output: Theory and Practice Downloads
Paula De Masi
1997/176: Is the Exchange Rate a Shock Absorber? the Case of Sweden Downloads
Alun Thomas
1997/175: The Capital Structure of Listed Companies in Poland Downloads
Qaizar Hussain and Eugeniy Nivorozhkin
1997/174: Money, Wages and Inflation in Middle-Income Developing Countries Downloads
Pierre-Richard Agénor and Alexander Hoffmaister
1997/173: Vertical Tax Externalities in the Theory of Fiscal Federalism Downloads
Michael Keen
1997/172: International Evidenceon the Determinants of Trade Dynamics Downloads
Eswar Prasad and Jeffery Gable
1997/171: The Bank of Canada's Monetary Policy Framework: Have Recent Changes Enhanced Central Bank Credibility? Downloads
Takatoshi Ito and Brenda Gonzalez-Hermosillo
1997/170: An Econometric Analysis of the Determinants of Inflation in Turkey Downloads
Laura Papi and G. Lim
1997/169: Investment, Uncertainty, and Irreversibility in Ghana Downloads
Catherine Pattillo
1997/168: Sharp Reductions in Current Account Deficits: An Empirical Analysis Downloads
Gian Maria Milesi-Ferretti and Assaf Razin
1997/167: Regional Integration and Baltic Trade and Investment Performance Downloads
Robert Sharer
1997/166: Risk Management of Sovereign Assets and Liabilities Downloads
Marcel Cassard and D. Folkerts-Landau
1997/165: Private Investment and Endogenous Growth: Evidence From Cameroon Downloads
Dhaneshwar Ghura
1997/164: Speculative Attacks, Forward Market Intervention and the Classic Bear Squeeze Downloads
Subir Lall
1997/163: Policy Reform As Collective Action Downloads
Omotunde Johnson
1997/162: Payment Arrears in the Gas and Electric Power Sectors of the Russian Federation and Ukraine Downloads
Emine Gürgen and Hrant Bagratian
1997/161: Lessons From Systemic Bank Restructuring: A Survey of 24 Countries Downloads
Ceyla Pazarbasioglu and Claudia Dziobek
1997/160: The Real Effects of Monetary Policy in the European Union: What Are the Differences? Downloads
Ramana Ramaswamy and Torsten Sloek
1997/159: Are Currency Crises Predictable? Downloads
Rodrigo Valdés and Ilan Goldfajn
1997/158: Prices in the Transition: Ten Stylized Facts Downloads
Paula De Masi and Vincent Koen
1997/157: Sequencing Capital Account Liberalization: Lessons From the Experiences in Chile, Indonesia, Korea, and Thailand Downloads
Claudia Echeverria, Salim Darbar and R. Johnston
1997/156: The CFA Franc Zone and the EMU Downloads
Michel Galy and Michael Hadjimichael
1997/155: Decentralization and Macroeconomic Management Downloads
Teresa Ter-Minassian
1997/154: Wholesale Payments and Financial Discipline, Efficiency, and Liquidity Downloads
D. Folkerts-Landau
1997/153: The Efficiency of Government Expenditure: Experiences From Africa Downloads
Keiko Honjo, Marijn Verhoeven and Sanjeev Gupta
1997/152: How Macroeconomic Factors Affect Income Distribution: The Cross-Country Evidence Downloads
Michael Sarel
1997/151: Towards a System of Multilateral Unit Labor Cost-Based Competitiveness Indicators for Advanced, Developing, and Transition Countries Downloads
Anthony Turner and Stephen Golub
1997/150: Cooperation, Emergence of the Economic Agency Role of Government, and Governance Downloads
Omotunde Johnson
1997/149: Competitiveness in Transition Economies: What Scope for Real Appreciation? Downloads
Kornelia Krajnyak and Jeromin Zettelmeyer
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