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Regional Economic Outlook, April 2017, Western Hemisphere Department

Table of Two Adjustments

With the global economy gaining some momentum, economies of Latin America and the Caribbean are recovering from a recession at the regional level in 2016.

Regional Economic Outlook, April 2017, Western Hemisphere Department

Tale of Two Adjustments

With the global economy gaining some momentum, economies of Latin America and the Caribbean are recovering from a recession at the regional level in 2016.

Policy Mix and the US Trade Balance

New
Policy Mix and the US Trade Balance »

Source: Policy Mix and the US Trade Balance

Volume/Issue: 2017/204

Series: IMF Working Papers

Author(s): Gustavo Adler , and Carolina Osorio Buitron

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 September 2017

ISBN: 9781484319314

Keywords: monetary policy, fiscal policy, trade balance, spillovers

The strong US policy response to the 2008-09 financial crisis raised concerns about its impact (spillovers) on other countries, with great focus on the monetary stimulus but little attention to fiscal policy, despi...

Policy Mix and the US Trade Balance

New
Policy Mix and the US Trade Balance »

Volume/Issue: 2017/204

Series: IMF Working Papers

Author(s): Gustavo Adler , and Carolina Osorio Buitron

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 September 2017

DOI: http://dx.doi.org/10.5089/9781484319314.001

ISBN: 9781484319314

Keywords: monetary policy, fiscal policy, trade balance, spillovers

The strong US policy response to the 2008-09 financial crisis raised concerns about its impact (spillovers) on other countries, with great focus on the monetary stimulus but little attention to fiscal policy, despi...

Belize
			: Selected Issues

New
Belize : Selected Issues »

Volume/Issue: 2017/287

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 September 2017

DOI: http://dx.doi.org/10.5089/9781484320198.002

ISBN: 9781484320198

Selected Issues...

Belize
			: 2017 Article IV Consultation-Press Release; Staff Report; Informational Annex; Statement by the Executive Director for Belize

New
Belize : 2017 Article IV Consultation-Press Release; Staff Report; Informational Annex; Statement by the Executive Director for Belize »

Volume/Issue: 2017/286

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 September 2017

DOI: http://dx.doi.org/10.5089/9781484320044.002

ISBN: 9781484320044

The macroeconomic outlook remains weak. Public debt remains elevated, at around 100 percent of GDP, despite a recent debt restructuring agreement with private external bondholders. Growth is projected at just under...

Belize: Selected Issues

New
Belize: Selected Issues »

Source: Belize : Selected Issues

Volume/Issue: 2017/287

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 September 2017

ISBN: 9781484320198

Selected Issues...

Belize: 2017 Article IV Consultation-Press Release; Staff Report; Informational Annex; Statement by the Executive Director for Belize

New
Belize: 2017 Article IV Consultation-Press Release; Staff Report; Informational Annex; Statement by the Executive Director for Belize »

Source: Belize : 2017 Article IV Consultation-Press Release; Staff Report; Informational Annex; Statement by the Executive Director for Belize

Volume/Issue: 2017/286

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 September 2017

ISBN: 9781484320044

The macroeconomic outlook remains weak. Public debt remains elevated, at around 100 percent of GDP, despite a recent debt restructuring agreement with private external bondholders. Growth is projected at just under...

What Prevents a Real Business Cycle Model from Matching the U.S. Data? Decomposing the Labor Wedge

New
What Prevents a Real Business Cycle Model from Matching the U.S. Data? Decomposing the Labor Wedge »

Source: What Prevents a Real Business Cycle Model from Matching the U.S. Data? Decomposing the Labor Wedge

Volume/Issue: 2017/201

Series: IMF Working Papers

Author(s): Dmitry Plotnikov

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 September 2017

ISBN: 9781484318584

Keywords: Unemployment, United States, Western Hemisphere, Business cycles, labor wedge, Forecasting and Simulation, Demand and Supply, Energy and the Macroeconomy

I carry out a business cycle accounting exercise (Chari, Kehoe and McGrattan, 2007) on the U.S. data measured in wage units (Farmer (2010)) for the entire postwar period. In contrast to a conventional approach, thi...

What Prevents a Real Business Cycle Model from Matching the U.S. Data? Decomposing the Labor Wedge

New
What Prevents a Real Business Cycle Model from Matching the U.S. Data? Decomposing the Labor Wedge »

Volume/Issue: 2017/201

Series: IMF Working Papers

Author(s): Dmitry Plotnikov

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 September 2017

DOI: http://dx.doi.org/10.5089/9781484318584.001

ISBN: 9781484318584

Keywords: Unemployment, United States, Western Hemisphere, Business cycles, labor wedge, Forecasting and Simulation, Demand and Supply, Energy and the Macroeconomy

I carry out a business cycle accounting exercise (Chari, Kehoe and McGrattan, 2007) on the U.S. data measured in wage units (Farmer (2010)) for the entire postwar period. In contrast to a conventional approach, thi...

Housing Finance and Real Estate Markets in Colombia

Housing Finance and Real Estate Markets in Colombia »

Volume/Issue: 2017/190

Series: IMF Working Papers

Author(s): Francisco Roch

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 August 2017

DOI: http://dx.doi.org/10.5089/9781484315118.001

ISBN: 9781484315118

Keywords: Colombia, Financial stability, Western Hemisphere, House price, price misalignment, mortgage markets, Financial Markets and the Macroeconomy, Housing Demand, Housing Supply and Markets

Colombian house prices have increased significantly between 2005 and 2016. This paper estimates the extent of misalignments in house prices relative to fundamentals and evaluates the overall risk to the economy fro...

Housing Finance and Real Estate Markets in Colombia

Housing Finance and Real Estate Markets in Colombia »

Source: Housing Finance and Real Estate Markets in Colombia

Volume/Issue: 2017/190

Series: IMF Working Papers

Author(s): Francisco Roch

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 August 2017

ISBN: 9781484315118

Keywords: Colombia, Financial stability, Western Hemisphere, House price, price misalignment, mortgage markets, Financial Markets and the Macroeconomy, Housing Demand, Housing Supply and Markets

Colombian house prices have increased significantly between 2005 and 2016. This paper estimates the extent of misalignments in house prices relative to fundamentals and evaluates the overall risk to the economy fro...