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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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1991/078: 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
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
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