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Global Imbalances

Global Imbalances »

Source: Global Imbalances : The Role of Non-Tradabletotal Factor Productivity in Advanced Economies

Volume/Issue: 2009/63

Series: IMF Working Papers

Author(s): Alessandro Rebucci , Nicoletta Batini , Pietro Cova , and Massimiliano Pisani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2009

ISBN: 9781451872101

Keywords: trade deficit, non-tradable sector, GEM, tfp, tradable goods, elasticity of substitution, intermediate goods, terms of trade,

This paper investigates the role played by total factor productivity (TFP) in the tradable and nontradable sectors of the United States, the euro area, and Japan in the emergence and evolution of today's global tra...

Can Inheritances Alleviate the Demographic Burden?

Can Inheritances Alleviate the Demographic Burden? »

Source: Can Inheritances Alleviate the Demographic Burden?

Volume/Issue: 2001/97

Series: IMF Working Papers

Author(s): Erik Lueth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2001

ISBN: 9781451852028

Keywords: Bequests, computable GEM, social insurance, aging, budget constraint, welfare loss, Social Security and Public Pensions, Computable and Other Applied General Equilibrium Models,

With pay-as-you-go schemes in place, population aging will impose a heavy fiscal burden on young and future cohorts. However, these cohorts may also profit from larger inheritances as the number of heirs declines....

The Role of Interest Rates in Business Cycle Fluctuations in Emerging Market Countries

The Role of Interest Rates in Business Cycle Fluctuations in Emerging Market Countries »

Source: The Role of Interest Rates in Business Cycle Fluctuations in Emerging Market Countries : The Case of Thailand

Volume/Issue: 2006/110

Series: IMF Working Papers

Author(s): Ivan Tchakarov , and Selim Elekdag

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2006

ISBN: 9781451863703

Keywords: Exchange rate regimes, Global Economy Model (GEM), financial accelerator, balance sheets, exchange rate, flexible exchange rate, exchange rate regime, bond, bond market, Open Economy Macroeconomics

Emerging market countries have enjoyed an exceptionally favorable economic environment throughout 2004, 2005, and early 2006. In particular, accommodative U.S. monetary policy in recent years has helped create an e...

What Are the Potential Economic Benefits of Enlarging the Gulf Cooperation Council?

What Are the Potential Economic Benefits of Enlarging the Gulf Cooperation Council? »

Source: What Are the Potential Economic Benefits of Enlarging the Gulf Cooperation Council?

Volume/Issue: 2004/152

Series: IMF Working Papers

Author(s): Selim Elekdag , Saade Chami , and Ivan Tchakarov

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2004

ISBN: 9781451857122

Keywords: IMF&;amp;#x2019;s Global Economy Model (GEM), economic integration, intermediate goods, elasticity of substitution, International Economic Order, Open Economy Macroeconomics, Macroeconomic Aspects of International Trade and Finance: Forecasting and Simulation,

This paper uses a variant of the IMF's Global Economy Model (GEM) to estimate the macroeconomic effects of Yemen's full accession into the Gulf Cooperation Council (GCC). After calibrating the model to Yemen and th...

Global Imbalances
			: The Role of Non-Tradabletotal Factor Productivity in Advanced Economies

Global Imbalances : The Role of Non-Tradabletotal Factor Productivity in Advanced Economies »

Volume/Issue: 2009/63

Series: IMF Working Papers

Author(s): Alessandro Rebucci , Nicoletta Batini , Pietro Cova , and Massimiliano Pisani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2009

DOI: http://dx.doi.org/10.5089/9781451872101.001

ISBN: 9781451872101

Keywords: trade deficit, non-tradable sector, GEM, tfp, tradable goods, elasticity of substitution, intermediate goods, terms of trade,

This paper investigates the role played by total factor productivity (TFP) in the tradable and nontradable sectors of the United States, the euro area, and Japan in the emergence and evolution of today's global tra...

Can Inheritances Alleviate the Demographic Burden?

Can Inheritances Alleviate the Demographic Burden? »

Volume/Issue: 2001/97

Series: IMF Working Papers

Author(s): Erik Lueth

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2001

DOI: http://dx.doi.org/10.5089/9781451852028.001

ISBN: 9781451852028

Keywords: Bequests, computable GEM, social insurance, aging, budget constraint, welfare loss, Social Security and Public Pensions, Computable and Other Applied General Equilibrium Models,

With pay-as-you-go schemes in place, population aging will impose a heavy fiscal burden on young and future cohorts. However, these cohorts may also profit from larger inheritances as the number of heirs declines....

The Role of Interest Rates in Business Cycle Fluctuations in Emerging Market Countries
			: The Case of Thailand

The Role of Interest Rates in Business Cycle Fluctuations in Emerging Market Countries : The Case of Thailand »

Volume/Issue: 2006/110

Series: IMF Working Papers

Author(s): Ivan Tchakarov , and Selim Elekdag

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2006

DOI: http://dx.doi.org/10.5089/9781451863703.001

ISBN: 9781451863703

Keywords: Exchange rate regimes, Global Economy Model (GEM), financial accelerator, balance sheets, exchange rate, flexible exchange rate, exchange rate regime, bond, bond market, Open Economy Macroeconomics

Emerging market countries have enjoyed an exceptionally favorable economic environment throughout 2004, 2005, and early 2006. In particular, accommodative U.S. monetary policy in recent years has helped create an e...

What Are the Potential Economic Benefits of Enlarging the Gulf Cooperation Council?

What Are the Potential Economic Benefits of Enlarging the Gulf Cooperation Council? »

Volume/Issue: 2004/152

Series: IMF Working Papers

Author(s): Selim Elekdag , Saade Chami , and Ivan Tchakarov

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2004

DOI: http://dx.doi.org/10.5089/9781451857122.001

ISBN: 9781451857122

Keywords: IMF&;amp;#x2019;s Global Economy Model (GEM), economic integration, intermediate goods, elasticity of substitution, International Economic Order, Open Economy Macroeconomics, Macroeconomic Aspects of International Trade and Finance: Forecasting and Simulation,

This paper uses a variant of the IMF's Global Economy Model (GEM) to estimate the macroeconomic effects of Yemen's full accession into the Gulf Cooperation Council (GCC). After calibrating the model to Yemen and th...