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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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1993/008: Alternative Social Security Systems in CIS Countries Downloads
Ehtisham Ahmad and Jean-Luc Schneider
1993/007: High Real Interest Rates Under Financial Liberalization: Is there a Problem? Downloads
Vicente Galbis
1993/006: Resource Allocation During the Transition to a Market Economy: Policy Implications of Supply Bottlenecks and Adjustment Costs Downloads
Peter Isard and Joshua Aizenman
1993/005: Taxes and the Price Level: A Further Examination of the PPP Hypothesis Downloads
Ephraim Kleiman
1993/004: Working Paper Summaries (WP/92/49 - WP/92/112) Downloads
International Monetary Fund
1993/003: Stabilization Programs and External Enforcement: Experience From the 1920's Downloads
Julio Santaella
1993/002: Cash-Flow Tax Downloads
Christian Schutte and Parthasarathi Shome
1993/001: French-German Interest Rate Differentials and Time-Varying Realignment Risk Downloads
Francesco Caramazza
1992/112: U.S. State and Local Government Finances Over the Current Cycle Downloads
Tamim Bayoumi
1992/111: Robustness of Macroeconomic Indicators of Capital Mobility Downloads
Enrique Mendoza
1992/110: Macroeconomic Models for the PC+L862 Downloads
Willem Bier
1992/109: The Volatility of Consumption in a Simple General Equilibrium Model Downloads
Gunnar Tersman
1992/108: Tax Policy and Trade Liberalization: An Application to Mexico Downloads
Andrew Feltenstein
1992/107: Fund Transactions and Reserve Creation Downloads
Samir Fawzi
1992/106: Testing the Neoclassical Theory of Economic Growth: A Panel Data Approach Downloads
Malcolm Knight, Delano Villanueva and Norman Loayza
1992/105: Risk-Taking and Optimal Taxation with Nontradable Human Capital Downloads
Zuliu Hu
1992/104: International Environmental Taxation in the Absence of Sovereignty Downloads
Bernard Herber
1992/103: Money and Banking Statistics in Former Soviet Union (FSU) Economies Downloads
K. Nahr, Robert DiCalogero and Richard Stillson
1992/102: Inflation and Fiscal Deficits: The Irrelevance of Debt and Money Financing Downloads
José Barrionuevo
1992/101: Financial Development and Economic Growth Downloads
Pablo Guidotti and Jose De Gregorio
1992/100: Optimal and Sustainable Exchange Rate Regimes: A Simple Game-Theoretic Approach Downloads
Masahiro Kawai
1992/099: Money and Credit Under Currency Substitution Downloads
Carlos Rodríguez
1992/098: The Terms of Trade and Economic Fluctuations Downloads
Enrique Mendoza
1992/097: Fiscal Policy in Pakistan Since 1970 Downloads
International Monetary Fund
1992/096: Asymmetry in the ERM: A Case Study of French and German Interest Rates Since Basle-Nyborg Downloads
W. Perraudin and E. Gardner
1992/095: Managing Payment System Risk During the Transition From a Centrally Planned to a Market Economy Downloads
Andrew Hook
1992/094: The European Community's Trade and Trade-Related Industrial Policies Downloads
Miranda Xafa, Joslin Landell-Mills and Roger Kronenberg
1992/093: Linkages Between External Debt Data and Balance of Payments, Government Finance and Monetary Statistics Downloads
Jan Bové
1992/092: Price Liberalization in Russia: The Early Record Downloads
Vincent Koen and Steven Phillips
1992/091: The Savings Trap and Economic Take-Off Downloads
Atish Ghosh and Carlos Asilis
1992/090: International Trade, Distortions and Long-Run Economic Growth Downloads
Jong-Wha Lee
1992/089: China: An Evolving Market Economy: A Review of Reform Experience Downloads
Kalpana Kochhar and Michael Bell
1992/088: Are Prices Countercyclical? Downloads
Eswar Prasad and Bankim Chadha
1992/087: Implementation of Monetary Policy in Ems Countries Participating in the Exchange Rate Mechanism Downloads
Michel Galy
1992/086: Structural and Macroeconomic Determinants of the Output Decline in Poland: 1990-91 Downloads
Jonathan Ostry and Eduardo Borensztein
1992/085: Capital Inflows to Latin America: The 1970's and the 1990's Downloads
Carmen Reinhart, Guillermo Calvo and Leonardo Leiderman
1992/084: Coordinating Public Debt and Monetary Management During Financial Reforms Downloads
Sérgio Leite
1992/083: Credibility Effects of Price Controls in Disinflation Programs Downloads
Pierre-Richard Agénor
1992/082: Issues in Managing and Sequencing Financial Sector Reforms Lessons From Experiences in Five Developing Countries Downloads
International Monetary Fund
1992/081: Currency Substitution and Cross-Border Monetary Aggregation: Evidence From the G-7 Downloads
Timothy Lane and Stephen Poloz
1992/080: Automating the Price Discovery Process: Some International Comparisons and Regulatory Implications Downloads
Ian Domowitz
1992/079: Private Sector Development in State-Dominated Economies Downloads
Aasim Husain
1992/078: Spain: Landmarks in Economic Development, 1939-92 Downloads
Erich Spitäller and Michel Galy
1992/077: Treatment of Intercompany Transfer Pricing for Tax Purposes: A Survey of Legislative and Administrative Issues Downloads
Yuichi Ikeda
1992/076: A Taxonomy of Automated Trade Execution Systems Downloads
Ian Domowitz
1992/075: External Shocks and Inflation in Developing Countries Under a Real Exchange Rate Rule Downloads
Jonathan Ostry and Peter Montiel
1992/074: Wage Claims, Incomes Policy, and the Path of Output and Inflation in a Formerly Centrally Planned Economy Downloads
Gian Maria Milesi-Ferretti
1992/073: Losing Credibility: The Stabilization Blues Downloads
Pablo Guidotti and Carlos Végh Gramont
1992/072: Macroeconomic Uncertainty, Precautionary Savings and the Current Account Downloads
Jonathan Ostry and Atish Ghosh
1992/071: The Implications of Cross-Border Monetary Aggregation Downloads
Timothy Lane and Jeroen Kremers
1992/070: Tax Farming: A Radical Solution for Developing Country Tax Problems? Downloads
Peter Stella
1992/069: A Simple Monetary Model of a Shortage Economy Downloads
Shoukang Lin
1992/068: Interest Rate Policy in Central and Eastern Europe: The Influence of Monetary Overhangs and Weak Enterprise Discipline Downloads
Susan Schadler and Adam Bennett
1992/067: Wage and Public Debt Indexation Downloads
Pablo Guidotti
1992/066: The Dissolution of the Austro-Hungarian Empire: Lessons for Currency Reform Downloads
Michael Spencer and Peter Garber
1992/065: Currency Substitution: The Recent Experience of Bolivia Downloads
Benedict Clements and Gerd Schwartz
1992/064: Output Collapse in Eastern Europe: The Role of Credit Downloads
Guillermo Calvo and Fabrizio Coricelli
1992/063: Discretionary Monetary Policy Versus Rules: The Japanese Experience During 1986-91 Downloads
Guy Meredith
1992/062: Capital Inflows and Real Exchange Rate Appreciation in Latin America: The Role of External Factors Downloads
Leonardo Leiderman, Carmen Reinhart and Guillermo Calvo
1992/061: Stock Market Response to Unexpected Macroeconomic News: The Australian Evidence Downloads
Mahdi Sadeghi
1992/060: Inflation and Monetary Reform Downloads
Pierre-Richard Agénor and Anna Lennblad
1992/059: The Output Decline in the Aftermath of Reform: The Cases of Bulgaria, Czechoslovakia, and Romania Downloads
Jonathan Ostry, Eduardo Borensztein and Dimitri Demekas
1992/058: Working Paper Summaries (WP/92/1 - WP/92/47) Downloads
International Monetary Fund
1992/057: Endogenous Creditor Seniority and External Debt Values Downloads
Michael Dooley and Mark Stone
1992/056: Using An EC-Wide Monetary Aggregate in Stage Two of EMU Downloads
Peter Kenen and Tamim Bayoumi
1992/055: The Export Performance of Sub-Saharan Africa, 1970-19+L69390: A Survey Downloads
Joshua Greene
1992/054: Current Account Deficits, External Liabilities and Economic Policy Downloads
J. Pitchford
1992/053: Multi-Country Evidenceon the Effects of Macroeconomic, Financial and Trade Policieson Efficiency of Resource Utilization in the Developing Countries Downloads
Mathew Odedokun
1992/052: The Sub-Saharan African Debt Problem: An Update Downloads
Joshua Greene
1992/051: Exchange Rates, Country Preferences, and Gold Downloads
Peter Isard, Mark Taylor and Michael Dooley
1992/050: Independent Currency Authorities: An Analytic Primer Downloads
Kent Osband and Delano Villanueva
1992/049: Alternative Forms of Mineral Taxation, Market Failure and the Environment Downloads
Timothy Muzondo
1992/048: A Simple Forecasting Accuracy Criterion Under Rational Expectations: Evidence From the World Economic Outlook and Time Series Models Downloads
José Barrionuevo
1992/047: The Macroeconomic Effects of Counterpart Funds and the Underlying Foreign Aid Downloads
Christian Mulder
1992/046: Liberalization of the Capital Account: Experiences and Issues Downloads
Donald Mathieson and Liliana Rojas-Suarez
1992/045: Bank Risk and the Declining Franchise Value of the Banking Systems in the United States and Japan Downloads
Howard Lee, Liliana Rojas-Suarez and Steven Weisbrod
1992/044: Price Liberalization in a Reforming Socialist Economy: A Search Equilibrium Approach Downloads
Domenico Fanizza
1992/043: Trends and Future Directions in Tax Policy Reform: A Latin American Perspective Downloads
Parthasarathi Shome
1992/042: Market Discipline Downloads
Timothy Lane
1992/041: Specification of Policy Rules and Performance Measures in Multicountry Simulation Studies Downloads
Bennett McCallum
1992/040: Currency Substitution in Developing Countries: An Introduction Downloads
Guillermo Calvo and Carlos Végh Gramont
1992/039: A Theory of Optimum Currency Areas: Revisited Downloads
Robert Flood and Joshua Aizenman
1992/038: Fiscal Impulses and their Fiscal Impact Downloads
Sheetal Chand
1992/037: The Optimal Rate of Money Creation in an Overlapping Generations Model: Numerical Simulations for the U.S. Economy Downloads
A. Javier Hamann
1992/036: Aggregation of Economic Indicators Across Countries: Exchange Rate versus PPP Based GDP Weights Downloads
Marianne Schulze-Gattas and Anne Gulde
1992/035: Growth, Productivity, and the Rate of Returnon Capital Downloads
Bankim Chadha and Charles Adams
1992/034: The Monetary Approach to the Exchange Rate: Rational Expectations, Long-Run Equilibrium and Forecasting Downloads
Ronald MacDonald and Mark Taylor
1992/033: Currency Substitution and Inflation in Peru Downloads
Liliana Rojas-Suarez
1992/032: Anticipated Exchange Rate Reforms Downloads
Robert Flood and Pierre-Richard Agénor
1992/031: A Framework for the Analysis of Financial Reforms and the Cost of official Safety Nets Downloads
Peter Isard, Liliana Rojas-Suarez and Donald Mathieson
1992/030: Stabilization and Reform in Eastern Europe: A Preliminary Evaluation Downloads
Michael Bruno
1992/029: Financial Markets and Public Finance in the Transformation Process Downloads
Vito Tanzi
1992/028: Tariffs, Optimal Taxes, and Collection Costs Downloads
Dubravko Mihaljek
1992/027: An Analysis of the Process of Capital Liberalization in Italy Downloads
Gordon Bodnar and Leonardo Bartolini
1992/026: Contacts, Credibility and Common Knowledge: Their Influenceon Inflation Convergence Downloads
Marcus Miller and Alan Sutherland
1992/025: Sovereign Debt Relief Schemes and Welfare Downloads
Aasim Husain
1992/024: Can the Release of a Monetary Overhang Trigger Hyperinflation? Downloads
Kent Osband and Shoukang Lin
1992/023: Fiscal Revenue, Inflationary Finance and Growth Downloads
Nurun Choudhry
1992/022: Target Zones and Forward Rates in a Model with Repeated Realignments Downloads
Gordon Bodnar and Leonardo Bartolini
1992/021: A Noteon Burden Sharing Among Creditors Downloads
Michael Dooley, Richard Haas and Steven Symansky
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