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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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1991/037: Do Exchange Rates Work? Another View Downloads
Robert Mundell
1991/036: Proposals for Privatization in Eastern Europe Downloads
Eduardo Borensztein
1991/035: Output Fluctuations and Monetary Shocks: Evidence From Colombia Downloads
Vincent Reinhart and Carmen Reinhart
1991/034: Globalization of Financial Markets and Implications for Pacific Basin Developing Countries Downloads
David Goldsbrough and Ranjit Teja
1991/033: From Direct to Indirect Monetary Policy Instruments: The French Experience Reconsidered Downloads
Marc Quintyn
1991/032: Exchange Rate Appreciation As a Signal of a New Policy Stance Downloads
Georg Winckler
1991/031: A Noteon Dual Foreign Exchange Markets with official Rationing: Predetermined Versus Floating official Exchange Rate Downloads
José Saúl Lizondo
1991/030: Liberalization and Financial Crisis in Uruguay (1974-1987) Downloads
Alfredo Leone and Juan Pérez-Campanero
1991/029: Macroeconomic Implications of Real Exchange Rate Targeting in Developing Countries Downloads
Peter Montiel and Jonathan Ostry
1991/028: Macroeconomic Policies and Long-Term Growth: A Conceptual and Empirical Review Downloads
Delano Villanueva and Mohsin Khan
1991/027: Monetary Policy and the Price Behavior in Emerging Stock Markets Downloads
Peter Cornelius
1991/026: Price Pressure Gaps: An Application of P* Using Korean Data Downloads
Richard Haas and Robert Corker
1991/025: Real Exchange Rates and Competitiveness: A Clarification of Concepts, and Some Measurements for Europe Downloads
Leslie Lipschitz and Donogh McDonald
1991/024: Integration of Eastern Europe Into the World Trading System Downloads
Helen Junz
1991/023: Tax Reform in Economies in Transition: A Brief Introduction to the Main Issues Downloads
Vito Tanzi
1991/022: International Vat Harmonization: Economic Effects Downloads
Jacob Frenkel, Steven Symansky and Assaf Razin
1991/021: Estimating the Base of the Value-Added Tax (VAT) in Developing Countries: The Problem of Exemptions Downloads
George Mackenzie
1991/020: On the Information Content of Ldc Secondary Loan Market Prices Downloads
Mark Stone
1991/019: The Italian Lira in the Narrow Erm Band: The Challenge of Credibility Downloads
Lazaros Molho
1991/018: A General Equilibrium Model with Informal Financial Markets Downloads
International Monetary Fund
1991/017: From Centrally-Planned to Market Economies: The Road from CPE to PCPE Downloads
Jacob Frenkel and Guillermo Calvo
1991/016: What Have We Learned About Estimating the Demand for Money? a Multicountry Evaluation of Some New Approaches Downloads
George Tavlas and James Boughton
1991/015: An Empirical Exploration of Exchange Rate Target-Zones Downloads
Donald Mathieson, Robert Flood and Andrew Rose
1991/014: Poverty Alleviation and Social Safety Net Schemes for Economies in Transition Downloads
Gillian Paull
1991/013: On the Sequencing of Reforms in Eastern Europe Downloads
Hans Genberg
1991/012: Interest Rates in Mexico: The Role of Exchange Rate Expectations and International Creditworthiness Downloads
Hoe Ee Khor and Liliana Rojas-Suarez
1991/011: Budgetary Subsidies in Centrally Planned Economies in Transition Downloads
Robert Holzmann
1991/010: Speculative Attacks Downloads
Pablo Guidotti and Guillermo Calvo
1991/009: The Determinants and Efficiency of Local Authority Spending in England Downloads
James Gordon and Tamim Bayoumi
1991/008: Measuring the Role of Subnational Governments Downloads
Jonathan Levin
1991/007: On Interpreting the Random Walk Behavior of Nominal and Real Exchange Rates Downloads
Charles Adams and Bankim Chadha
1991/006: Interest Rates and Government Debt: Are the Linkages Global Rather Than National? Downloads
Mark Lutz and Vito Tanzi
1991/005: Indicators of Fiscal Sustainability Downloads
Jocelyn Horne
1991/004: Mobilization of Savings in Eastern European Countries: The Role of the State Downloads
Vito Tanzi
1991/003: Response of the Equilibrium Real Exchange Rate to Real Disturbances in Developing Countries Downloads
Mohsin Khan and Jonathan Ostry
1991/002: The Japanese Yen as an International Currency Downloads
George Tavlas and Yusuru Ozeki
1991/001: Welfare Costs of Inflation, Seigniorage, and Financial innovation Downloads
Jose De Gregorio
1990/123: Taxation and the Cost of Capital in Hungary and Poland: A Comparison with Selected European Countries Downloads
International Monetary Fund
1990/122: Export Processing Zone Groth and Development: Manturian Example Downloads
International Monetary Fund
1990/121: Financial Market Constraints and Private Investment in a Developing Country Downloads
Omotunde Johnson
1990/120: Financial Sector Reform and Central Banking in Centrally Planned Economies Downloads
International Monetary Fund
1990/119: Money Supply and Interest Rate Policy in a New-Keynesian Framework Downloads
Guillermo Calvo and Carlos Végh Gramont
1990/118: Long-Run Purchasing Power Parity and the Dollar-Sterling Exchange Rate in the 1920's Downloads
Mark Taylor
1990/117: Capital Mobility in Developing Countries: M386Some Empirical Tests Downloads
International Monetary Fund
1990/116: Time Varying Risk Premia in Futures Markets Downloads
Graciela Kaminsky and Manmohan Kumar
1990/115: Management of the Nominal Public Debt Theory and Applications Downloads
Pablo Guidotti and Guillermo Calvo
1990/114: Parallel Currency Markets in Developing Countries: Theory, Evidence, and Policy Implications Downloads
International Monetary Fund
1990/113: Output, Employment and Financial Sanctions in South Africa Downloads
Tamim Bayoumi
1990/112: Financial Market Volatility and the Implications for Market Regulation: A Survey Downloads
Louis Scott
1990/111: Real Interest Rate Targeting: An Example From Brazil Downloads
Eric Clifton
1990/110: Credibility and the Dynamics of Stabilization Policy: A Basic Framework Downloads
Guillermo Calvo and Carlos Végh Gramont
1990/109: The Macroeconomic Effects of Capital Controls and the Stabilization of the Balance of Trade Downloads
Enrique Mendoza
1990/108: Exchange Rate Bands with Point Process Fundamentals Downloads
W. Perraudin
1990/107: The Changing Structure of Japanese Trade Flows: The Changing Structure of Japanese Trade Flows Downloads
International Monetary Fund
1990/106: The Simplest Test of Target Zone Credibility: The Simplest Test of Target Zone Credibility Downloads
International Monetary Fund
1990/105: Analytical and Methodological Issues in the Measurement of Fiscal Deficits Downloads
International Monetary Fund
1990/104: European Policy Convergence and the EMS Downloads
International Monetary Fund
1990/103: Corporate Income Tax Harmonization and Capital Allocation: Corporate Income Tax Harmonization and Capital Allocation Downloads
International Monetary Fund
1990/102: Structural Models of the Dollar Downloads
Charles Adams and Bankim Chadha
1990/101: Why is Unemployment so High At Full Capacity? The Persistence of Unemployment, the Natural Rate, and Potential Output in the Federal Republic of Germany Downloads
Thomas Krueger and David Coe
1990/099: Investment in Housing in the United States: A Portfolio Approach: The Possible Effects of Changes in Tax Policy Downloads
Krister Andersson
1990/098: The Fiscal and Economic Effects of Federal Credit Assistance Programs Downloads
International Monetary Fund
1990/097: A Noteon Saving-Investment Correlations in the EMS Downloads
International Monetary Fund
1990/096: European Fiscal Harmonization and the French Economy Downloads
W. Perraudin and Thierry Pujol
1990/095: Financial innovation and Consumption in the United Kingdom Downloads
Tamim Bayoumi
1990/094: Tax Efficiency in an Open Economy Downloads
Thierry Pujol and W. Perraudin
1990/093: Industrial Relations and Macroeconomic Performance: An Application to Spain Downloads
International Monetary Fund
1990/092: Fiscal Policy During the Demise of Central Planning: The Transition to a Market Economy Downloads
Andrew Feltenstein
1990/091: Fiscal Policy, the Real Exchange Rate and Commodity Prices Downloads
Carmen Reinhart
1990/090: Alternative Dual Exchange Market Regimes: Some Steady State Comparisons Downloads
José Saúl Lizondo
1990/089: Tax Policy Options for a United Germany Downloads
International Monetary Fund
1990/088: Market Valuation of Illiquid Debt and Implications for Conflicts Among Creditors Downloads
Leonardo Bartolini and Avinash Dixit
1990/087: The Optimal Mix of Inflationary Finance and Commodity Taxation with Collection Lags Downloads
Avinash Dixit
1990/086: The Japanese Tax Reform: Efficiency Versus Equity Downloads
International Monetary Fund
1990/085: Economic Implications of German Unification for the Federal Republic and the Rest of the World Downloads
Paul Masson and Guy Meredith
1990/084: Exchange Restrictions and Devaluation Crises Downloads
Pierre-Richard Agénor
1990/083: Protection and Export Performance in Sub-Saharan Africa Downloads
Dean DeRosa
1990/082: Sustainability, Premia, and the Dollar Downloads
Steven Symansky and Bankim Chadha
1990/081: Banks in Distress: The Case of Bangladesh Downloads
International Monetary Fund
1990/080: Stability of Velocity in the Group of Seven Countries: A Kalman Filter Approach Downloads
Eduard Bomhoff
1990/079: Transitional Arrangements for Trade and Payments Among the CMEA Countries Downloads
International Monetary Fund
1990/078: Macroeconomic Policies and the Balance of Payments in Pakistan: 1972-1986 Downloads
International Monetary Fund
1990/077: Debt Overhang, Debt Reduction and Investment: The Case of the Philippines Downloads
International Monetary Fund
1990/076: Fiscal Indicators for Economic Growth: Illusory Search? Downloads
International Monetary Fund
1990/075: The Dynamics of Money Demand and Prices Downloads
International Monetary Fund
1990/074: Issues in the Reform of Deposit Insurance and Regulation of Depository Institutions Downloads
International Monetary Fund
1990/073: Monetary Policy in an Emerging European Economic and Monetary Union: Key Issues Downloads
Jacob Frenkel and Morris Goldstein
1990/072: Trends and Cycles in the U.S. Economy Downloads
International Monetary Fund
1990/071: On Noncooperative Capital Income Taxation in Open Economies Downloads
Kenneth Kletzer
1990/070: Tax Policy and Reform for Foreign Direct Investment in Developing Countries Downloads
International Monetary Fund
1990/069: Are Sovereign Debt Secondary Market Returns Sensitive to Macroecoriomic Fundamentals? Evidence from the Contemporary and Interwar Markets Downloads
International Monetary Fund
1990/068: The Impact of the EC's Internal Marketon Nonmember Countries: The Case of EFTA Downloads
International Monetary Fund
1990/067: The Composition and Distribution of Financial Assistance From Arab Countries and Arab Regional Institutions Downloads
International Monetary Fund
1990/066: Possible Implications of Integrating the Corporate and Individual Income Taxes in the United States Downloads
International Monetary Fund
1990/065: Systemic Financial Risk in Payment Systems Downloads
International Monetary Fund
1990/064: Risk and Capital Flight in Developing Countries Downloads
International Monetary Fund
1990/063: Foreign Direct Investment Downloads
International Monetary Fund
1990/062: Fiscal Policy, Labor Markets and the Poor Downloads
International Monetary Fund
1990/061: Targeting the Exchange Rate: Empirical Investigation Downloads
International Monetary Fund
1990/060: Economic and Monetary Union in Europe and Constraintson National Budgetary Policies Downloads
International Monetary Fund
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