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The Output Decline in the Aftermath of Reform

The Output Decline in the Aftermath of Reform »

Source: The Output Decline in the Aftermath of Reform : The Cases of Bulgaria, Czechoslovakia, and Romania

Volume/Issue: 1992/59

Series: IMF Working Papers

Author(s): Jonathan Ostry , Eduardo Borensztein , and Dimitri Demekas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 1992

ISBN: 9781451965711

Keywords: correlations, correlation, equation, price liberalization, dummy variables

This paper analyzes the declines in economic activity experienced by Bulgaria, the Czech and Slovak Federal Republic (CSFR), and Romania in the period since the initiation of market-oriented reforms in these countr...

The Demand for M1 in the United States

The Demand for M1 in the United States »

Source: The Demand for M1 in the United States : A Commenton Baba, Hendry, and Starr

Volume/Issue: 1993/24

Series: IMF Working Papers

Author(s): James Boughton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1993

ISBN: 9781451920963

Keywords: equation, money demand, equations, dummy variable, monetary fund

A recent paper by Baba, Hendry, and Starr presents an error-correction model of the demand for M1 in the United States, which shows a dramatic improvement in both fit and stability over earlier models. This note es...

Public Policies and Private Savings and Investment in Sub-Saharan Africa

Public Policies and Private Savings and Investment in Sub-Saharan Africa »

Source: Public Policies and Private Savings and Investment in Sub-Saharan Africa : An Empirical Investigation

Volume/Issue: 1995/19

Series: IMF Working Papers

Author(s): Dhaneshwar Ghura , and Michael Hadjimichael

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 1995

ISBN: 9781451922523

Keywords: private investment, standard deviation, equation, dummy variables, correlation

This paper assesses empirically the role of public policies in stimulating private savings and investment in sub-Saharan African countries, based on data for the period 1986-92. The main findings of the analysis ar...

Complex Ownership Structures and Corporate Valuations

Complex Ownership Structures and Corporate Valuations »

Source: Complex Ownership Structures and Corporate Valuations

Volume/Issue: 2007/140

Series: IMF Working Papers

Author(s): Luc Laeven , and Ross Levine

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2007

ISBN: 9781451867046

Keywords: Large shareholders, Blockholders, shareholder, shareholders, corporate valuations, dummy variable,

The bulk of corporate governance theory examines the agency problems that arise from two extreme ownership structures: 100 percent small shareholders or one large, controlling owner combined with small shareholders...

Economic Reform and Structural Adjustment in East European Industry

Economic Reform and Structural Adjustment in East European Industry »

Source: Economic Reform and Structural Adjustment in East European Industry

Volume/Issue: 1994/80

Series: IMF Working Papers

Author(s): Eduardo Borensztein , and Jonathan Ostry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1994

ISBN: 9781451955507

Keywords: equation, dummy variables, trade liberalization, statistic, statistical significance

A consistent set of disaggregated industrial output data for four Eastern European countries is examined In order to determine the extent to which structural adjustment has taken place since the initiation of marke...

Is Regionalism Simply a Diversion? Evidence from the Evolution of the EC and EFTA1/

Is Regionalism Simply a Diversion? Evidence from the Evolution of the EC and EFTA1/ »

Source: Is Regionalism Simply a Diversion? Evidence from the Evolution of the EC and EFTA

Volume/Issue: 1995/109

Series: IMF Working Papers

Author(s): Tamim Bayoumi , and Barry Eichengreen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1995

ISBN: 9781451853155

Keywords: trade diversion, dummy variables, trade creation, free trade, equation

This paper considers the impact on trade of preferential arrangements in Europe since the 1950s. Using a first difference version of the gravity model, we find that the EEC and EFTA altered the pattern of internati...

Liberalization and the Behavior of Output During the Transition from Plan to Market

Liberalization and the Behavior of Output During the Transition from Plan to Market »

Source: IMF Staff papers : Volume 44 No. 4

Volume: 44

Series: IMF Staff Papers

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1997

ISBN: 9781451930962

Keywords: dummy variables, international monetary fund, capital stock, output growth, exchange rate

This paper deals with liberalization and the evolution of output during the transition from plan to market. It explains why strong liberalization leads to a comparatively steep fall in output early in the transitio...

Equilibrium Exchange Rates in Transition Economies

Equilibrium Exchange Rates in Transition Economies »

Source: IMF Staff papers : Volume 44 No. 4

Volume: 44

Series: IMF Staff Papers

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1997

ISBN: 9781451930962

Keywords: dummy variables, international monetary fund, capital stock, output growth, exchange rate

This paper deals with liberalization and the evolution of output during the transition from plan to market. It explains why strong liberalization leads to a comparatively steep fall in output early in the transitio...

Explaining Consumption: A Simple Test of Alternative Hypotheses

Explaining Consumption: A Simple Test of Alternative Hypotheses »

Source: IMF Staff papers : Volume 44 No. 4

Volume: 44

Series: IMF Staff Papers

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1997

ISBN: 9781451930962

Keywords: dummy variables, international monetary fund, capital stock, output growth, exchange rate

This paper deals with liberalization and the evolution of output during the transition from plan to market. It explains why strong liberalization leads to a comparatively steep fall in output early in the transitio...

The Effect of Expected Effective Corporate Tax Rates on Incremental Financing Decisions

The Effect of Expected Effective Corporate Tax Rates on Incremental Financing Decisions »

Source: IMF Staff papers : Volume 44 No. 4

Volume: 44

Series: IMF Staff Papers

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1997

ISBN: 9781451930962

Keywords: dummy variables, international monetary fund, capital stock, output growth, exchange rate

This paper deals with liberalization and the evolution of output during the transition from plan to market. It explains why strong liberalization leads to a comparatively steep fall in output early in the transitio...