Search Results

You are looking at 1 - 10 of 30 items

  • Keyword: Asset Price Cycle x
Clear All Modify Search
The Role of Fiscal Transfers in Smoothing Regional Shocks

The Role of Fiscal Transfers in Smoothing Regional Shocks »

Source: The Role of Fiscal Transfers in Smoothing Regional Shocks : Evidence from Existing Federations

Volume/Issue: 2016/141

Series: IMF Working Papers

Author(s): Tigran Poghosyan , Abdelhak Senhadji , and Carlo Cottarelli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 July 2016

ISBN: 9781498379601

Keywords: public debt cycles, credit cycles, asset price cycles, duration analysis

We assess the extent to which fiscal transfers smooth regional shocks in three large federations: the U.S., Canada, and Australia. We find that fiscal transfers offset 4-11 percent of idiosyncratic shocks (risk-sha...

How Do Public Debt Cycles Interact with Financial Cycles?

How Do Public Debt Cycles Interact with Financial Cycles? »

Source: How Do Public Debt Cycles Interact with Financial Cycles?

Volume/Issue: 2015/248

Series: IMF Working Papers

Author(s): Tigran Poghosyan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 November 2015

ISBN: 9781513511641

Keywords: public debt cycles, credit cycles, asset price cycles, duration analysis, debt, public debt, price, prices, equity, General

We employ a duration model to study determinants of public debt cycles in 57 advanced and emerging economies over the 1960-2014 period, with a particular focus on the impact of financial cycles. The results suggest...

Irrational Exuberance in the U.S. Housing Market

Irrational Exuberance in the U.S. Housing Market »

Source: Irrational Exuberance in the U.S. Housing Market : Were Evangelicals Left Behind?

Volume/Issue: 2009/57

Series: IMF Working Papers

Author(s): Christopher Crowe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2009

ISBN: 9781451872040

Keywords: house prices, economics of Religion, asset price cycles, religion, survey, correlation, protestants, statistics,

The recent housing bust has reignited interest in psychological theories of speculative excess (Shiller, 2007). I investigate this issue by identifying a segment of the U.S. population-evangelical protestants-that...

Financial Cycles

Financial Cycles »

Source: Financial Cycles : What? How? When?

Volume/Issue: 2011/76

Series: IMF Working Papers

Author(s): Marco Terrones , Ayhan Kose , and Stijn Claessens

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2011

ISBN: 9781455227037

Keywords: credit cycles, asset busts, crunches, house prices, financial cycles, financial crises, financial markets, equity markets, International Policy Coordination and Transmission,

This paper provides a comprehensive analysis of financial cycles using a large database covering 21 advanced countries over the period 1960:1-2007:4. Specifically, we analyze cycles in credit, house prices, and equ...

When and How to Adjust Beyond the Business Cycle? A Guide to Structural Fiscal Balances

When and How to Adjust Beyond the Business Cycle? A Guide to Structural Fiscal Balances »

Source: When and How to Adjust Beyond the Business Cycle? A Guide to Structural Fiscal Balances

Volume: 11

Series: Technical Notes and Manuals

Author(s): Fabian Bornhorst , Annalisa Fedelino , Jan Gottschalk , and Gabriela Dobrescu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 April 2011

ISBN: 9781475510201

Keywords: Commodity prices, fiscal policy, cyclical adjustment, structural fiscal balance, business cycle fluctuations, asset prices, output composition, output, tax, prices

Technical Notes and Manuals are produced by IMF departments to expand the dissemination of their technical assistance advice. These papers present general advice and guidance, drawn in part from unpublished techni...

Corporate Balance Sheet Restructuring and Investment in the Euro Area

Corporate Balance Sheet Restructuring and Investment in the Euro Area »

Source: Corporate Balance Sheet Restructuring and Investment in the Euro Area

Volume/Issue: 2003/117

Series: IMF Working Papers

Author(s): Albert Jaeger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2003

ISBN: 9781451854039

Keywords: Corporate investment and financing, business cycle, capital stock, financial assets, cost of capital, stock market, capital markets, Prices, Business Fluctuations, and Cycles: Forecasting and Simulation,

The recent boom-bust cycle in the euro area's equity valuations has left nonfinancial corporations saddled with a legacy of high debt or leverage. Models of corporate investment behavior based on imperfect capital...

Fundamental and Speculative Demands for Housing

Fundamental and Speculative Demands for Housing »

Source: Fundamental and Speculative Demands for Housing

Volume/Issue: 2019/63

Series: IMF Working Papers

Author(s): Weicheng Lian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 March 2019

ISBN: 9781498302722

Keywords: Price indexes, Demographic indicators, Flow of funds, Business cycles, Asset bubbles, Belief, Housing Cycles, Land Prices, Land Share, house service

This paper separates the roles of demand for housing services and belief about future house prices in a house price cycle, by utilizing a feature of user-cost-of-housing that it is sensitive to demand for housing s...

Research Summaries: Housing Prices and Macroeconomics

Research Summaries: Housing Prices and Macroeconomics »

Source: IMF Research Bulletin, December 2005

Volume/Issue: 6/4

Series: IMF Research Bulletin

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2005

ISBN: 9781451929980

Keywords: housing prices, international monetary fund, house prices, industrial countries, interest rates, Asset Pricing, Conditionality (finance), Cycles, Economics. Research, Emigration And Immigration. Economic Aspects

The IMF Research Bulletin, a quarterly publication, selectively summarizes research and analytical work done by various departments at the IMF, and also provides a listing of research documents and other research-r...

Workers’ Remittances

Workers’ Remittances »

Source: IMF Research Bulletin, December 2005

Volume/Issue: 6/4

Series: IMF Research Bulletin

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2005

ISBN: 9781451929980

Keywords: housing prices, international monetary fund, house prices, industrial countries, interest rates, Asset Pricing, Conditionality (finance), Cycles, Economics. Research, Emigration And Immigration. Economic Aspects

The IMF Research Bulletin, a quarterly publication, selectively summarizes research and analytical work done by various departments at the IMF, and also provides a listing of research documents and other research-r...

Country Study: Turkey

Country Study: Turkey »

Source: IMF Research Bulletin, December 2005

Volume/Issue: 6/4

Series: IMF Research Bulletin

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2005

ISBN: 9781451929980

Keywords: housing prices, international monetary fund, house prices, industrial countries, interest rates, Asset Pricing, Conditionality (finance), Cycles, Economics. Research, Emigration And Immigration. Economic Aspects

The IMF Research Bulletin, a quarterly publication, selectively summarizes research and analytical work done by various departments at the IMF, and also provides a listing of research documents and other research-r...