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IMF Working Papers

From International Monetary Fund
International Monetary Fund, Washington, DC USA.
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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
1997/148: Policy Reform, Adjustment Costs, and Investment: With Activity of Local Investors as a Signal Downloads
Omotunde Johnson
1997/147: Nominal Income and the Inflation-Growth Divide Downloads
Sheetal Chand
1997/146: Sources of Debt Accumulation in a Small Open Economy Downloads
Abdelhak Senhadji
1997/145: Determinants of Inflation in Mozambique Downloads
Angel Ubide
1997/144: Liquid Asset Ratios and Financial Sector Reform Downloads
Anne Gulde
1997/143: Aging in the Asian “Tigers”: Challenges for Fiscal Policy Downloads
Peter Heller
1997/142: Stylized Facts of Government Finance in the G-7 Downloads
Riccardo Fiorito
1997/141: Reform of the Canada Pension Plan: Analytical Considerations Downloads
Charles Kramer and Yutong Li
1997/140: Banking Crises in Latin America in the 1990's: Lessons From Argentina, Paraguay, and Venezuela Downloads
Alicia García-Herrero
1997/139: Corruption, Public Investment, and Growth Downloads
Vito Tanzi and Hamid Davoodi
1997/138: Transparency and Ambiguity in Central Bank Safety Net Operations Downloads
Charles Enoch
1997/137: Labor Market Institutions and Unemployment Dynamics in Transition Economies Downloads
Pietro Garibaldi and Zuzana Brixiová Schwidrowski
1997/136: Implications for Savings of Aging in the Asian “Tigers” Downloads
Steven Symansky and Peter Heller
1997/135: Macroeconomic Cycles in China Downloads
Stefan Oppers
1997/134: External Finance and Foreign Debt in Central and Eastern European Countries Downloads
Stefano Manzocchi
1997/133: Fiscal Policy and the Predictability of Exchange Rate Collapse Downloads
Betty Daniel
1997/132: Time-Series Estimation of Structural Import Demand Equations: A Cross-Country Analysis Downloads
Abdelhak Senhadji
1997/131: Can Switching Between Inflationary Regimes Explain Fluctuations in Real Interest Rates? Downloads
Michael Bleaney
1997/130: The Scope for Inflation Targeting in Developing Countries Downloads
Miguel Savastano, Paul Masson and Sunil Sharma
1997/129: Intergovernmental Fiscal Relations: The Chinese System in Perspective Downloads
Vivek Arora and John Norregaard
1997/128: Cyclical Fluctuations in Brazil's Real Exchange Rate: The Role of Domestic and External Factors Downloads
Alexander Hoffmaister, Carlos Medeiros and Pierre-Richard Agénor
1997/127: Contagion and Volatility with Imperfect Credit Markets Downloads
Joshua Aizenman and Pierre-Richard Agénor
1997/126: Exchange Rate Volatility, Pricing to Market and Trade Smoothing Downloads
Hamid Faruqee and Peter Clark
1997/125: Globalization and Growth Prospect in Arab Countries Downloads
Patricia Alonso-Gamo
1997/124: Monetary Impact of a Banking Crisis and the Conduct of Monetary Policy Downloads
Alicia García-Herrero
1997/123: Discrepancies Between Quarterly GDP Estimates Downloads
Adriaan Bloem
1997/122: Shock Versus Gradualism in Models of Rational Expectations: The Case of Trade Liberalization Downloads
Leonardo Auernheimer and Susan George
1997/121: Derivatives Effect on Monetary Policy Transmission Downloads
Coenraad Vrolijk
1997/120: Income Distribution and Social Expenditure in Brazil Downloads
Benedict Clements
1997/119: Exports, Inflation, and Growth Downloads
Thorvaldur Gylfason
1997/118: Policy Complementarities and the Washington Consensus Downloads
Jahangir Aziz and Robert Westcott
1997/117: Determinants of Stock Prices: The Case of Zimbabwe Downloads
T. Oyama
1997/116: The Impact of Trade Prices on Employment and Wages in the United States Downloads
Dalia Hakura
1997/115: Capital Flows to Brazil: The Endogeneity of Capital Controls Downloads
Eliane Cardoso and Ilan Goldfajn
1997/114: The Changing Role of the State in the Economy: A Historical Perspective Downloads
Vito Tanzi
1997/113: The Insurance Role of Social Security: Theory and Lessons for Policy Reform Downloads
Victor Valdivia
1997/112: Investing U.S. Social Security Trust Fund Assets in Private Securities Downloads
Michael Leidy
1997/111: Japan's Restrictive System of Trade and Payments: Operation, Effectiveness, and Liberalization, 1950-1964 Downloads
Shinji Takagi
1997/110: Saving in Southeast Asia and Latin America Compared: Searching for Policy Lessons Downloads
Christian Thimann and Anuradha Dayal-Gulati
1997/109: Estimating the Equilibrium Real Exchange Rate: An Application to Finland Downloads
Tarhan Feyzioglu
1997/108: Explaining and Forecasting the Velocity of Money in Transition Economies, with Special Reference to the Baltics, Russia and other Countries of the Former Soviet Union Downloads
International Monetary Fund
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