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Content
2006
- 2006/159 U.S. Inflation Dynamics: What Drives Them Over Different Frequencies?
by Mr. Ravi Balakrishnan & Mr. Sam Ouliaris
- 2006/158 Inflation, Inequality, and Social Conflict
by Mr. Christopher W. Crowe
- 2006/157 Inflation Targeting in Dollarized Economies
by Mr. Leonardo Leiderman & Mr. Rodolfo Maino & Mr. Eric Parrado
- 2006/156 IMF-Supported Programs and Crisis Prevention: An Analytical Framework
by Mr. Jun I Kim
- 2006/155 The Impact of Tradeon Wages: What If Countries Are Not Small?
by Mr. Ichiro Tokutsu & Mika Saito
- 2006/154 The Maastricht Inflation Criterion: How Unpleasant Is Purgatory?
by Mr. Aleš Bulíř & Jaromír Hurník
- 2006/153 The Euro’s Challenge to the Dollar: Different Views from Economists and Evidence from COFER (Currency Composition of Foreign Exchange Reserves) and Other Data
by Mr. Ewe-Ghee Lim
- 2006/152 Domestic Investment and the Cost of Capital in the Caribbean
by Mr. Shaun K. Roache
- 2006/151 Price Impacts of Non-Adoption of the Euro for Small European Countries
by Mr. Harald J Anderson & Ms. Sibel Beadle
- 2006/150 An Empirical Investigation of the Exchange Rate Pass-Through to Inflation in Tanzania
by Miss Nkunde Mwase
- 2006/149 Fundamentals-Based Estimation of Default Probabilities - A Survey
by Mr. Jorge A Chan-Lau
- 2006/148 Is Systematic Default Risk Priced in Equity Returns? A Cross-Sectional Analysis Using Credit Derivatives Prices
by Mr. Jorge A Chan-Lau
- 2006/147 Does Fiscal Policy Matter for the Trade Account? A Panel Cointegration Study
by Mr. Christiane Nickel & Ms. Katja Funke
- 2006/146 What Transparency Can Do When Incentives Fail: An Analysis of Rent Capture
by Elisabeth Paul & Ms. Era Dabla-Norris
- 2006/145 Aid Volatility and Dutch Disease: Is There a Role for Macroeconomic Policies?
by Mr. Thierry Tressel & Mr. Alessandro Prati
- 2006/144 Getting Shut Out of the International Capital Markets - It Doesn’t Take Much
by Ms. Nancy P. Marion & Mr. Robert P Flood
- 2006/143 Are More Competitive Banking Systems More Stable?
by Mr. Martin Cihak & Simon Wolfe & Mr. Klaus Schaeck
- 2006/142 How Much Is Enough? Monte Carlo Simulations of an Oil Stabilization Fund for Nigeria
by Mr. Ulrich Bartsch
- 2006/141 Some Principles for Development of Statistics for a Gulf Cooperation Council Currency Union
by Mr. Russell C Krueger & Ettore Kovarich
- 2006/140 Exchange Rate Misalignment: An Application of the Behavioral Equilibrium Exchange Rate (BEER) to Botswana
by Mr. Atsushi Iimi
- 2006/139 The Credit Risk Transfer Market and Stability Implications for U.K. Financial Institutions
by Ms. Li L Ong & Mr. Jorge A Chan-Lau
- 2006/138 Did Botswana Escape from the Resource Curse?
by Mr. Atsushi Iimi
- 2006/137 Structural Reforms in the Euro Area: Economic Impact and Role of Synchronization Across Markets and Countries
by Mr. Luc Everaert & Mr. Werner Schule
- 2006/136 Nonlinearity in Deviations From Uncovered Interest Parity: An Explanation of the Forward Bias Puzzle
by Giorgio Valente & Mr. Gene L. Leon & Lucio Sarno
- 2006/135 Putting the New Keynesian Model to a Test
by Mr. Roland Straub & Gert Peersman
- 2006/134 Review and Implementation of Credit Risk Models of the Financial Sector Assessment Program (FSAP)
by Kexue Liu & Jean Salvati & Mr. Renzo G Avesani & Mr. Alin T Mirestean
- 2006/133 Sudden Stops and Currency Drops: A Historical Look
by Mr. Luis Catão
- 2006/132 Determinants of Emigrant Deposits in Cape Verde
by International Monetary Fund
- 2006/131 Who Saves in Ireland? The Micro Evidence
by Ms. Marialuz Moreno Badia
- 2006/130 Altruism and Workers’ Remittances: Evidence from Selected Countries in the Middle East and Central Asia
by Mr. Jacques Bouhga-Hagbe
- 2006/129 Immiserizing Foreign Aid: The Roles of Tariffs and Nontraded Goods
by Mr. Stephen Tokarick
- 2006/128 Outcomes-Based Conditionality: Its Role and Optimal Design
by Anna Ivanova
- 2006/127 The Lender of Last Resort in the European Single Financial Market
by Pedro Gustavo Teixeira & Mr. Garry J. Schinasi
- 2006/126 HIV/AIDS: The Impact on Poverty and Inequality
by Mr. Markus Haacker & Mr. Gonzalo Salinas
- 2006/125 Regional Convergence in Latin America
by Mr. Bennett W Sutton & Mrs. Genevieve M Lindow & Maria Isabel Serra & Mr. Gustavo Ramirez & Maria Fernanda Pazmino
- 2006/124 Indirect Taxes on International Aviation
by Mr. Jon Strand & Mr. Michael Keen
- 2006/123 Can Budget Institutions Counteract Political Indiscipline?
by Mr. Ashoka Mody & Ms. Stefania Fabrizio
- 2006/122 Setting the Operational Framework for Producing Inflation Forecasts
by Turgut Kisinbay & Mr. Eric Parrado & Mr. Rodolfo Maino & Mr. Jorge I Canales Kriljenko
- 2006/121 Public Debt, Money Supply, and Inflation: A Cross-Country Study and Its Application to Jamaica
by Goohoon Kwon & Lavern McFarlane & Wayne Robinson
- 2006/120 Fiscal Decentralization and Public Subnational Financial Management in Peru
by Mr. Ehtisham Ahmad & Ms. Mercedes Garcia-Escribano
- 2006/119 Fiscal Discipline and Exchange Rate Regimes: Evidence From the Caribbean
by Rupa Duttagupta & Mr. Guillermo Tolosa
- 2006/118 Reflections on Quantitative Fiscal Conditionality in African PRGF-Supported Programs
by Ms. Daria V Zakharova & Ms. Annalisa Fedelino
- 2006/117 A Superior Hybrid Cash-Flow Taxon Corporations
by Mr. Howell H Zee
- 2006/116 Enforcement and the Stability and Growth Pact: How Fiscal Policy Did and Did Not Change Under Europe’s Fiscal Framework
by Mr. Anthony M Annett
- 2006/115 Excess Liquidity and Effectiveness of Monetary Policy: Evidence from Sub-Saharan Africa
by Mr. Magnus Saxegaard
- 2006/114 The Korean Crisis: What Did We Know and When Did We Know It? What Stress Tests of the Corporate Sector Reveal
by Ms. Meral Karasulu & Mr. Matthew T Jones
- 2006/113 Growth and Productivity in Papua New Guinea
by Mr. Ebrima A Faal
- 2006/112 Fiscal Policy and Interest Rates: How Sustainable Is The “New Economy”?
by Mr. Manmohan S. Kumar & Mr. David Hauner
- 2006/111 A Framework for Independent Monetary Policy in China
by Mr. Marvin S Goodfriend & Mr. Eswar S Prasad
- 2006/110 The Role of Interest Rates in Business Cycle Fluctuations in Emerging Market Countries: The Case of Thailand
by Mr. Ivan Tchakarov & Mr. Selim A Elekdag
- 2006/109 Donor Herding and Domestic Debt Crisis
by Mr. Ephraim W. Chirwa & Mr. Montfort Mlachila & Yohane Anthony Khamfula
- 2006/108 Reforming Employment Protection Legislation in France
by Ms. Jianping Zhou
- 2006/107 Idiosyncratic and Systemic Risk in the European Corporate Sector: A CDO Perspective
by Miss Yinqiu Lu & Mr. Jorge A Chan-Lau
- 2006/106 Aid Scaling Up: Do Wage Bill Ceilings Stand in the Way?
by Ms. Annalisa Fedelino & Mr. Gerd Schwartz & Marijn Verhoeven
- 2006/105 A New Risk Indicator and Stress Testing Tool: A Multifactor Nth-to-Default CDS Basket
by Mr. Renzo G Avesani & Ms. Jing Li & Antonio I Garcia Pascual
- 2006/104 Market-Based Estimation of Default Probabilities and its Application to Financial Market Surveillance
by Mr. Jorge A Chan-Lau
- 2006/103 Mind the Gap—Is Economic Growth in India Leaving Some States Behind?
by Miss Catriona Purfield
- 2006/102 IMF Data Standards Initiatives: A Consultative Approach To Enhancing Global Data Transparency
by Ms. Anne Y. Kester
- 2006/101 Sudden Stops and IMF-Supported Programs
by Mr. Barry J. Eichengreen & Mrs. Poonam Gupta & Mr. Ashoka Mody
- 2006/100 Using the Balance Sheet Approach in Surveillance: Framework, Data Sources, and Data Availability
by Mr. Anthony J. Pellechio & Mr. Johan Mathisen
- 2006/099 Determinants of Public-Private Partnerships in Infrastructure
by Mr. Etienne B Yehoue & Miss Mona Hammami & Jean-François Ruhashyankiko
- 2006/098 Government Debt in Emerging Market Countries: A New Data Set
by Ms. Anastasia Guscina & Mr. Olivier D Jeanne
- 2006/097 Core Inflation Measures and Statistical Issues in Choosing Among Them
by Mick Silver
- 2006/096 Uncovered Interest Parity
by Mr. Peter Isard
- 2006/095 Macroeconomic Effects and Policy Challenges of Population Aging
by Mr. Hamid Faruqee & Ms. Natalia T. Tamirisa
- 2006/094 Interest Rate Determination in Lebanon
by Mr. Tushar Poddar & Mr. Mangal Goswami & Mr. Juan Sole & Victor Echévarria Icaza
- 2006/093 The Tax System in India: Could Reform Spur Growth?
by Ms. Hélène Poirson
- 2006/092 Why Are Women Working So Much More in Canada? An International Perspective
by Ms. Evridiki Tsounta
- 2006/091 Distributional Effects of Oil Price Changeson Household Expenditures: Evidence From Mali
by Mr. Kangni R Kpodar
- 2006/090 What is Fuzzy About Clustering in West Africa?
by Mahvash S Qureshi & Mr. Charalambos G Tsangarides
- 2006/089 Options for Fiscal Consolidation in the United Kingdom
by Mr. Dennis P Botman & Ms. Keiko Honjo
- 2006/088 Real Exchange Rate Volatility and the Price of Nontradables in Sudden-Stop-Prone Economies
by Mr. Enrique G. Mendoza
- 2006/087 Hong Kong Special Administrative Region: Macroeconomic Impact of an Aging Population in a Highly Open Economy
by Mr. Lamin Y Leigh
- 2006/086 Emigration and Wages in Source Countries: Evidence From Mexico
by Ms. Prachi Mishra
- 2006/085 How to Evaluate GDP-Linked Warrants: Price and Repayment Capacity
by Mr. Ken Miyajima
- 2006/084 Disintermediation and Monetary Transmission in Canada
by Mr. Jorge Roldos
- 2006/083 Shocking Aspects of Canadian Labor Markets
by Mr. Bennett W Sutton & Mr. Tamim Bayoumi & Mr. Andrew J Swiston
- 2006/082 Adopting Full Dollarization in Postconflict Economies: Would the Gains Compensate for the Losses in Liberia?
by Miss Liliana B Schumacher & Mr. Jiro Honda
- 2006/081 Practical Model-Based Monetary Policy Analysis: A How-To Guide
by Mr. Douglas Laxton & Mr. Andrew Berg & Mr. Philippe D Karam
- 2006/080 A Practical Model-Based Approach to Monetary Policy Analysis—Overview
by Mr. Douglas Laxton & Mr. Andrew Berg & Mr. Philippe D Karam
- 2006/079 International Financial Integration, Sovereignty, and Constraints on Macroeconomic Policies
by Kenneth Kletzer
- 2006/078 Sovereign Borrowing Cost and the IMF’s Data Standards Initiatives
by Mr. John Cady & Mr. Anthony J. Pellechio
- 2006/077 Public-Private Partnerships: A Public Economics Perspective
by Efraim Sadka
- 2006/076 Perspectiveson Low Global Interest Rates
by Mr. Luis Catão & Mr. George A Mackenzie
- 2006/075 The Role of IMF Support in Crisis Prevention
by Ms. Uma Ramakrishnan & Mr. Juan Zalduendo
- 2006/074 Determinants of Venezuela’s Equilibrium Real Exchange Rate
by Mr. Juan Zalduendo
- 2006/073 Are Asset Price Guarantees Useful for Preventing Sudden Stops?A Quantitative Investigation of the Globalization Hazard-Moral Hazard Tradeoff
by Mr. Enrique G. Mendoza & Ceyhun Bora Durdu
- 2006/072 Fundamental Determinants of the Effects of Fiscal Policy
by Mr. Manmohan S. Kumar & Mr. Dennis P Botman
- 2006/071 Progress in China’s Banking Sector Reform: Has Bank Behavior Changed?
by Richard Podpiera
- 2006/070 Energy, the Exchange Rate, and the Economy: Macroeconomic Benefits of Canada’s Oil Sands Production
by Mr. Tamim Bayoumi & Mr. Martin Mühleisen
- 2006/069 The External Wealth of Nations Mark II: Revised and Extended Estimates of Foreign Assets and Liabilities, 1970–2004
by Mr. Philip R. Lane & Mr. Gian M Milesi-Ferretti
- 2006/068 The Utilization-Adjusted Output Gap: Is the Russian Economy Overheating?
by Nienke Oomes & Oksana Dynnikova
- 2006/067 Primary Surplus Behavior and Risks to Fiscal Sustainability in Emerging Market Countries: A "Fan-Chart" Approach
by Oya Celasun & Mr. Xavier Debrun & Mr. Jonathan David Ostry
- 2006/066 Toward a Lender of First Resort
by Daniel Cohen & Mr. Richard Portes
- 2006/065 Volatility of Development Aid: From the Frying Pan into the Fire?
by Mr. A. J Hamann & Mr. Aleš Bulíř
- 2006/064 Sovereign Insurance and Program Design: What is Optimal for the Sovereign?
by Miguel Messmacher
- 2006/063 Government Debt and Long-Term Interest Rates
by Mr. Noriaki Kinoshita
- 2006/062 World Crude Oil Markets: Monetary Policy and the Recent Oil Shock
by Mr. Noureddine Krichene
- 2006/061 Beware of Emigrants Bearing Gifts: Optimal Fiscal and Monetary Policy in the Presence of Remittances
by Michael T. Gapen & Mr. Thomas F. Cosimano & Mr. Ralph Chami
- 2006/060 Inflation in Pakistan: Money or Wheat?
by Mr. Mohsin S. Khan & Mr. Axel Schimmelpfennig
- 2006/059 An Evaluation of the World Economic Outlook Forecasts
by Mr. Allan Timmermann
- 2006/058 Spending Seigniorage: Do Central Banks Have a Governance Problem?
by Mr. Alain Ize
- 2006/057 Is One Watchdog Better Than Three? International Experience with Integrated Financial Sector Supervision
by Mr. Martin Cihak & Richard Podpiera
- 2006/056 Trade, Inequality, and the Political Economy of Institutions
by Mr. Andrei A Levchenko & Quý Toàn Ðo
- 2006/055 The Dynamics of Provincial Growth in China: A Nonparametric Approach
by Mr. Bulent Unel & Mr. Harm Zebregs
- 2006/054 To Peg or Not to Peg: A Template for Assessing the Nobler
by Mr. Aasim M. Husain
- 2006/053 Why Do Prices in Sierra Leone Change So Often? A Case Study Using Micro-level Price Data
by Mr. Arto Kovanen
- 2006/052 Business Cycles and Workers' Remittances: How Do Migrant Workers Respond to Cyclical Movements of GDP At Home?
by Mr. Serdar Sayan
- 2006/051 Malaysian Capital Controls: Macroeconomics and Institutions
by Ms. Natalia T. Tamirisa & Mr. Simon Johnson & Ms. Kalpana Kochhar & Todd Mitton
- 2006/050 The Implications of Trade Barriers for Sectoral Diversification and Macroeconomic Stability in Developing Economies
by Gabriel Srour
- 2006/049 Common Factors in Latin America's Business Cycles
by Mr. Allan Timmermann & Mr. Luis Catão & Mr. Marco Aiolfi
- 2006/048 The Monetary Transmission Mechanism in Jordan
by Mr. Tushar Poddar & Ms. Hasmik V Khachatryan & Miss Randa Sab
- 2006/047 Domestic Taxes and International Trade: Some Evidence
by Mr. Michael Keen & Mr. Murtaza H Syed
- 2006/046 How Different Is the Cyclical Behavior of Home Production Across Countries?
by Mr. Ayhan Kose & William Blankenau
- 2006/045 A New-Open-Economy Macro Model for Fiscal Policy Evaluation
by Mr. Dirk V Muir & Mr. Douglas Laxton & Mr. Dennis P Botman & Mr. Andrei Romanov
- 2006/044 Banking Spreads in Latin America
by Mr. Gaston Gelos
- 2006/043 Quasi-Fiscal Deficits and Energy Conditionality in Selected CIS Countries
by Mr. Tapio Saavalainen & Joy Mylène ten Berge
- 2006/042 Banks During the Argentine Crisis: Were they All Hurt Equally? Did they All Behave Equally?
by Mr. V. Hugo Juan-Ramon & Emiliano Basco & Carlos Quarracino & Mr. Adolfo Barajas
- 2006/041 Forecasting ECB Monetary Policy: Accuracy is (Still) a Matter of Geography
by Michael Ehrmann & Marcel Fratzscher & Mr. Helge Berger
- 2006/040 Macroeconomic Challenges with EU Accession in Southeastern Europe: An Overview
by Ms. Piritta Sorsa
- 2006/039 Does NGO Aid Go to the Poor? Empirical Evidence from Europe
by Gilles Nancy & Boriana Yontcheva
- 2006/038 Providing official Statistics for the Common Market and Monetary Union in the Gulf Cooperation Council (GCC) Countries: A Case for "Gulfstat"
by Abdulrahman K Al-Mansouri & Ms. Claudia H Dziobek
- 2006/037 The Impact of Foreign Interest Rateson the Economy: The Role of the Exchange Rate Regime
by Mr. Julian Di Giovanni & Mr. Jay C Shambaugh
- 2006/036 Does Inflation in China Affect the United States and Japan?
by Mr. Luke B Willard & Mr. Tarhan Feyzioglu
- 2006/035 Does Economic Diversification Lead to Financial Development? Evidence From topography
by Mr. Rodney Ramcharan
- 2006/034 Regulatory Capture in Banking
by International Monetary Fund
- 2006/033 Financial Sector Projections and Stress Testing in Financial Programming: A New Framework
by Antonio I Garcia Pascual & Ms. Nada Choueiri & Ms. Ritu Basu
- 2006/032 Toward An Effective Supervision of Partially Dollarized Banking Systems
by Antonio I Garcia Pascual & Mr. Jorge Cayazzo & Mrs. Socorro Heysen & Miss Eva Gutierrez
- 2006/031 Stylized Facts on Bilateral Trade and Currency Unions: Implications for Africa
by Mr. Michal Hulej & Mr. Charalambos G Tsangarides & Mr. Pierre Ewenczyk
- 2006/030 Wealth Effects in Europe: A Tale of Two Countries (Italy and the United Kingdom)
by Ms. Sònia Muñoz
- 2006/029 Habit Formation and Persistence in Individual Asset Portfolio Holdings: The Case of Italy
by Ms. Sònia Muñoz
- 2006/028 Zimbabwe's Export Performance: The Impact of the Parallel Market and Governance Factors
by Ms. Sònia Muñoz
- 2006/027 Procyclical Fiscal Policy: Shocks, Rules, and Institutions: A View From Mars
by Paolo Manasse
- 2006/026 Fiscal Policy and Financial Development
by Mr. David Hauner
- 2006/025 Emigration and Brain Drain: Evidence From the Caribbean
by Ms. Prachi Mishra
- 2006/024 Implications of Quasi-Fiscal Activities in Ghana
by Miss Mali Chivakul & Mr. Robert C York
- 2006/023 Tax Incentives and Investment in the Eastern Caribbean
by Mr. Sebastian Sosa
- 2006/022 India's Pattern of Development: What Happened, What Follows?
by Mr. Arvind Subramanian & Raghuram Rajan & Mr. Ioannis Tokatlidis & Ms. Kalpana Kochhar & Mr. Utsav Kumar
- 2006/021 Economic Transformation, Population Growth, and the Long-Run World Income Distribution
by Mr. Marcos d Chamon & Mr. Michael R Kremer
- 2006/020 Does Import Protection Discourage Exports?
by Mr. Stephen Tokarick
- 2006/019 Equilibrium Wage Dispersion: An Example
by International Monetary Fund
- 2006/018 Foreign Banks in Poor Countries: Theory and Evidence
by Ms. Enrica Detragiache & Mrs. Poonam Gupta & Mr. Thierry Tressel
- 2006/017 The Net Worth Approach to Fiscal Analysis: Dynamics and Rules
by International Monetary Fund
- 2006/016 Fiscal Policy and Financial Markets
by Mr. Bernardin Akitoby & Mr. Thomas Stratmann
- 2006/015 Suppressed Inflation and Money Demand in Zimbabwe
by Ms. Sònia Muñoz
- 2006/014 Foreign Aid Policy and Sources of Poverty: A Quantitative Framework
by Mr. Alex Mourmouras & Mr. Peter Rangazas
- 2006/013 Pricing and Hedging of Contingent Credit Lines
by Ms. Elena Loukoianova & Salih N. Neftci & Mr. Sunil Sharma
- 2006/012 Reforming External Tariffs in Central and Western African Countries
by Mr. Lubin Kobla Doe
- 2006/011 Corruption, Competition, and Contracts: A Model of Vote Buying
by Mr. Felix J Vardy & Mr. John Morgan
- 2006/010 Will the Doha Round Lead to Preference Erosion?
by Mr. John Romalis & Mary Amiti
- 2006/009 The Global Impact of Demographic Change
by Mr. Tim Callen & Warwick J. McKibbin & Nicoletta Batini
- 2006/008 Harmonization of Domestic Consumption Taxes in Central and Western African Countries
by Mr. Lubin Kobla Doe
- 2006/007 Financial Dollarization in Latin America
by Mr. Robert Rennhack & Mr. Masahiro Nozaki
- 2006/006 American in the Shadows: Harry Dexter White and the Design of the International Monetary Fund
by Mr. James M. Boughton
- 2006/005 Sectoral Balance Sheet Mismatches and Macroeconomic Vulnerabilities in Colombia, 1996-2003
by Juan Manuel Lima & Mr. Johannes Wiegand & Enrique Montes & Carlos Varela
- 2006/004 Seasonalities in China's Stock Markets: Cultural or Structural?
by Mr. Jason D. Mitchell & Ms. Li L Ong
- 2006/003 How Does Trade Openness Influence Budget Deficits in Developing Countries?
by Jean-Louis Combes & Tahsin Saadi Sedik
- 2006/002 The Macroeconomics of Remittances: The Case of Tajikistan
by Mr. Alexei P Kireyev
- 2006/001 Are Donor Countries Giving More or Less Aid?
by Mr. Sanjeev Gupta & Ms. Catherine A Pattillo & Ms. Smita Wagh
2005