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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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1992/044: 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
1992/020: Exchange Rate Flexibility, Volatility and the Patterns of Domestic and Foreign Direct Investment Downloads
Joshua Aizenman
1992/019: Theories of Policy Accommodation: The Persistence of Inflation and Gradual Stabilizations Downloads
Jose De Gregorio
1992/018: Reserve Requirementson Bank Deposits a+L558s Implicit Taxes: A Case Study of Italy Downloads
Lazaros Molho
1992/017: From the Debt Crisis toward Economic Stability: An Analysis of the Consistency of Macroeconomic Policies in Mexico Downloads
Liliana Rojas-Suarez
1992/016: A Taxon Gross Assets of Enterprises as a Form of Presumptive Taxation Downloads
Efraim Sadka and Vito Tanzi
1992/015: Theory and Policy: A Commenton Dixit andon Current Tax Theory Downloads
Vito Tanzi
1992/014: A Quantitative Examination of Current Account Dynamics in Equilibrium Models of Barter Economies Downloads
Enrique Mendoza
1992/013: Does Sequencing of Privatization Matter in Reforming Planned Economies? Downloads
Aasim Husain and Ratna Sahay
1992/012: Assessing Eastern Europe's Capital Needs Downloads
Anthony Boote
1992/011: A Cross-Country Analysis of the Tax-Push Hypothesis Downloads
Fiorella Padoa-Schioppa
1992/010: Distortionary Taxation and the Debt Laffer Curve Downloads
Aasim Husain
1992/009: Bank Insolvency and Stabilization in Eastern Europe Downloads
International Monetary Fund
1992/008: Privatization in East Germany: A Survey of Current Issues Downloads
Dieter Bös
1992/007: International Comparisons of Money Demand: A Review Essay Downloads
James Boughton
1992/006: Household Demand for Money in Poland: Theory and Evidence Downloads
Timothy Lane
1992/005: China's Foreign Trade Behavior in the 1980's: An Empirical Analysis Downloads
Adi Brender
1992/004: Econometric Analysis of Industrial Country Commodity Exports Downloads
Manmohan Kumar
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
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