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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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1992/003: The Credibility of Nordic Exchange Rate Bands: 1987-1991 Downloads
Sami Geadah, Lars Svensson and Tapio Saavalainen
1992/002: Stabilization and Structural Reform in Czechoslovakia: An Assessment of the First Stage Downloads
Bijan Aghevli, Tessa Van der Willigen and Eduardo Borensztein
1992/001: Foreign Currency Deposits and the Demand for Money in Developing Countries Downloads
Mohsin Khan and Pierre-Richard Agénor
1991/134: Modelling the Yield Curve Downloads
Mark Taylor
1991/133: The CFA Franc Zone: Currency Union and Monetary Standard Downloads
James Boughton
1991/132: The Information Content of Prices in Derivative Security Markets Downloads
Louis Scott
1991/131: Banking Policy and the Pricing of Deposit Guarantees: A New Approach Downloads
W. Perraudin and Steven Fries
1991/130: Price and Volume Effects of a Devaluation in Developing Countries Downloads
Arend Kouwenaar
1991/129: Credibility and the Cost of Export Subsidies Downloads
Alexander Hoffmaister
1991/128: Evaluating Policy Rules Under Imperfect Credibility Downloads
Paul Masson and Steven Symansky
1991/127: Financial Sector Reforms and Monetary Policy Downloads
International Monetary Fund
1991/126: Government Ponzi Games and Debt Dynamics Under Uncertainty Downloads
Leonardo Bartolini and Carlo Cottarelli
1991/125: Energy Pricing in the Soviet Union Downloads
Manmohan Kumar and Kent Osband
1991/124: Sticky Exchange Rates and Flexible Prices: A Heretic View From the Interwar Period Downloads
Anne Gulde and Holger Wolf
1991/123: Effects of Long-Run Demographic Changes in a Multi-Country Model Downloads
Paul Masson
1991/122: Growth Strategies, Employment, and Income Distribution in Brazil: An Input-Output Assessment Downloads
Benedict Clements
1991/121: Interest Rate Liberalization: Some Lessons From Africa Downloads
Bart Turtelboom
1991/120: The Structure and Operation of the World Gold Market Downloads
M. O'Callaghan
1991/119: Market Liberalization Policies in a Reforming Socialist Economy Downloads
Elias Dinopoulos and Timothy Lane
1991/118: The Determinants of U.S. Real Interest Rates in the Long Run Downloads
Sharmini Coorey
1991/117: Dollarization in Latin America: Gresham's Law in Reverse? Downloads
Pablo Guidotti and Carlos Rodríguez
1991/116: Apartheid, Growth and Income Distribution in South Africa: Past History and Future Prospects Downloads
Robert Corker and Tamim Bayoumi
1991/115: Dynamic Capital Mobility in Pacific Basin Developing Countries: Estimation and Policy Implications Downloads
Hamid Faruqee
1991/114: Cross-Border Deposits and Monetary Aggregates in the Transition to EMU Downloads
Ignazio Angeloni, Aviram Levy and Carlo Cottarelli
1991/113: Establishing Incentive Structures and Planning Agencies That Support Market-Oriented Transformations Downloads
Peter Isard and Michael Dooley
1991/112: Assessing the Impact of Structural Adjustmenton the Poor: The Case of Malawi Downloads
Odd Brekk and Ronald Hicks
1991/111: Wage Controls and Employment in a Socialist Economy Downloads
Timothy Lane
1991/110: Testing for Credibility Effects Downloads
Pierre-Richard Agénor and Mark Taylor
1991/109: Currency Diversification of Reserves and Sovereign Debt for Small Open Economies Downloads
Indi Rajasingham
1991/108: Foreign Currency Deposits: Implications for Macroeconomic Policies Downloads
Andréas Georgiou
1991/107: Stopping High Inflation: An Analytical Overview Downloads
Carlos Végh Gramont
1991/106: Intervention, Interest Rates, and Charts: Three Essays in International Finance Downloads
Mark Taylor
1991/105: Increasing Export Diversification in Commodity-Exporting Countries: A Theoretical Analysis Downloads
Dean DeRosa
1991/104: Persistence in the Variability of Daily Exchange Rates Downloads
George Tsibouris
1991/103: Taxation of Capital Gains: A Review of the Main Issues Downloads
Krister Andersson
1991/102: An Empirical "Dependent Economy" Model for Pakistan Downloads
International Monetary Fund
1991/101: Mozambique: Economic Rehabilitation and the Poor Downloads
Paulo Lopes and Emilio Sacerdoti
1991/100: Private Saving and Terms of Trade Shocks: Evidence From Developing Countries Downloads
Jonathan Ostry and Carmen Reinhart
1991/099: Speculative Attacks and Models of Balance of Payments Crises Downloads
Robert Flood, Jagdeep Bhandari and Pierre-Richard Agénor
1991/098: Soft Budget Constraints, Firm Commitments and the Social Safety Net Downloads
International Monetary Fund
1991/097: Models of Inflation and the Costs of Disinflation Downloads
Guy Meredith, Bankim Chadha and Paul Masson
1991/096: Assessing Target Zone Credibility: Mean Reversion and Devaluation Expectations in the EMS Downloads
Lars Svensson
1991/095: The Effects of Inflationon Economic Growth: Lessons From Latin America Downloads
Jose De Gregorio
1991/094: The Cost of Export Subsidies: Evidence From Costa Rica Downloads
Alexander Hoffmaister
1991/093: Forecasting Accuracy of Crude Oil Futures Prices Downloads
Manmohan Kumar
1991/092: Nominal Income Targeting: A Critical Evaluation Downloads
Victor Argy
1991/091: Fiscal Impulse Downloads
Garry Schinasi and Mark Lutz
1991/090: Exchange Rate Regime Choice Downloads
Nancy Marion and Robert Flood
1991/089: Market-Based Fiscal Discipline in Monetary Unions: Evidence From the U.S. Municipal Bond Market Downloads
Morris Goldstein and Geoffrey Woglom
1991/088: Islamic Banking Downloads
Abbas Mirakhor and Mohsin Khan
1991/087: Credibility and Exchange Rate Management in Developing Countries Downloads
Pierre-Richard Agénor
1991/086: The Effect of the ERMon Participating Economies Downloads
Tamim Bayoumi
1991/085: China: Macroeconomic Cycles in the 1980's Downloads
Hoe Ee Khor
1991/084: Testing a Disequilibrium Model of Lending Rate Determination: The Case of Malaysia Downloads
Barry Scholnick
1991/083: Mexico's External Debt and the Return to Voluntary Capital Market Financing Downloads
Mohamed El-Erian
1991/082: Jordan: Restructuring Public Expenditures and Protecting the Poor Downloads
Ehtisham Ahmad
1991/081: Colombia: Economic Adjustment and the Poor Downloads
Claire Liuksila
1991/080: The Romanian Economic Reform Program Downloads
Dimitri Demekas and Mohsin Khan
1991/079: Testing the Credibility of the Belgian Hard Currency Policy Downloads
Vincent Koen
1991/078: Growth, Distribution and Politics Downloads
Guido Tabellini and Torsten Persson
1991/077: Exchange-Rate-Based Stabilization under Imperfect Credibility Downloads
Guillermo Calvo and Carlos Végh Gramont
1991/076: Index Number Biases During Price Liberalization Downloads
Kent Osband
1991/075: Fiscal Constraintson Market-Oriented Reform in a Socialist Economy Downloads
Elias Dinopoulos and Timothy Lane
1991/074: The Restoration of Latin America's Access to Voluntary Capital Market Financing: Developments and Prospects Downloads
Mohamed El-Erian
1991/073: Valuation and Treatment of Depletable Resources in the National Accounts Downloads
Jonathan Levin
1991/072: The Growth of Indian Public Debt: Dimensions of the Problem and Corrective Measures Downloads
Raja Chelliah
1991/071: Economic Growth in Latin America Downloads
Jose De Gregorio
1991/070: Inflation Stabilization and Economic Transformation in Poland: The First Year Downloads
Timothy Lane
1991/069: Key Questions in Considering a Value-Added Tax for Central and Eastern European Countries Downloads
Sijbren Cnossen
1991/068: Real Exchange Rate Targeting Under Capital Controls: Can Money Provide a Nominal Anchor? Downloads
Peter Montiel and Jonathan Ostry
1991/067: Monetary Growth and Exchange Rate Depreciation As Causes of Inflation in African Countries: An Empirical Analysis Downloads
Elie Canetti and Joshua Greene
1991/066: Obstacles to Transforming Centrally-Planned Economies: The Role of Capital Markets Downloads
Guillermo Calvo and Jacob Frenkel
1991/065: Structural Funds and the 1992 Program in the European Community Downloads
James Gordon
1991/064: Portfolio Preference Uncertainty and Gains From Policy Coordination Downloads
Paul Masson
1991/063: Real and Nominal Exchange Rates in the Long Run Downloads
Charles Adams and Bankim Chadha
1991/062: Exchange Rate Economics: A Survey Downloads
Mark Taylor and Ronald MacDonald
1991/061: Savings, Investment, and Growth in Eastern Europe Downloads
Peter Montiel and Eduardo Borensztein
1991/060: Oil, National Wealth, and Current and Future Consumption Possibilities Downloads
Gunnar Tersman
1991/059: General Equilibrium Under Shortage: A Generalized Barro-Grossman Model Downloads
Kent Osband
1991/058: Central Bank Independence: Issues and Experience Downloads
International Monetary Fund
1991/057: Money Demand in the Netherlands Downloads
Bob Traa
1991/056: Input Shortages in Mixed Economies: An Application to Indian Manufacturing Industries Downloads
Ratna Sahay
1991/055: Forced Savings and Repressed Inflation in the Soviet Union: Some Empirical Results Downloads
Mario Bléjer and Carlo Cottarelli
1991/054: Military Expenditure: International Comparison of Trends Downloads
Daniel Hewitt
1991/053: Military Expenditure: Econometric Testing of Economic and Political Influences Downloads
Daniel Hewitt
1991/052: Protection and the Own-Funds Window in Tanzania: An Analytical Framework and Estimates of the Effects of Trade Liberalization Downloads
Dean DeRosa
1991/051: Uncovered Interest Parity Downloads
Peter Isard
1991/050: Yugoslav Inflation and Money Downloads
Ashok Lahiri
1991/049: Efficient Arbitrage Under Financial Indexation: The Case of Chile Downloads
Enrique Mendoza
1991/048: The Demand for Money During High Inflation Episodes: Some Latin American Evidenceon the Cagan Model Downloads
Mark Taylor and Kate Phylaktis
1991/047: Commodity and Manufactures Prices in the Long Run Downloads
James Boughton
1991/046: Sri Lanka: Price Changes and the Poor Downloads
Anne Gulde
1991/045: The Demand for Money in Developing Countries: Assessing the Role of Financial innovation Downloads
Jose De Gregorio, Peter Wickham, Patricio Arrau and Carmen Reinhart
1991/044: Commodity Booms and Government Expenditure Responses Downloads
Sanjeev Gupta and Kenneth M. Miranda
1991/043: Fiscal Reform in European Economies in Transition Downloads
George Kopits
1991/042: Collapse of a Crawling Peg Regime in the Presence of a Government Budget Constraint Downloads
Miguel Savastano
1991/041: Collection Lags, Fiscal Revenue and Inflationary Financing: Empirical Evidence and Analysis Downloads
Nurun Choudhry
1991/040: Market-Based Systems of Monetary Control in Developing Countries: Operating Procedures and Related Issues Downloads
Chorng-Huey Wong
1991/039: Bangladesh: Economic Reform Measures and the Poor Downloads
Padma Gotur
1991/038: Economic Crisis in a Shortage Economy Downloads
Kent Osband
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