Search Results
Policy Reform As Collective Action »
Source: Policy Reform As Collective Action
Volume/Issue: 1997/163
Series: IMF Working Papers
Author(s): Omotunde Johnson
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 1997
ISBN: 9781451980608
Keywords: equation, press, equations, computation
A government desiring support for its policy reform program, without coercion, behaves as if it faces a political constraint. Citizen support depends on the estimate, by at least some minimum proportion of the popu...
Optimal Intertemporal Taxationon Consumption and the Term Structure of Government Debt »
Source: Optimal Intertemporal Taxationon Consumption and the Term Structure of Government Debt
Volume/Issue: 1988/115
Series: IMF Working Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 28 December 1988
ISBN: 9781451942729
Keywords: equation, taxation, equations, tax rates, budget constraint
This paper addresses the time-consistency problem of optimal policy when intertemporal prices are inflexible. For small, open economies facing given world interest rates, it shows that a consumption tax, rather tha...
A Subsistence Linked Economy »
Source: A Subsistence Linked Economy : The Case of the Solomon Islands
Volume/Issue: 1989/104
Series: IMF Working Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 19 December 1989
ISBN: 9781451947762
Keywords: money demand, equation, inflation, simultaneous equation, forecasting
How are money demand, income, and the price level affected when a significant portion of the economically active population reverts to and withdraws from subsistence economic activity? This paper tries to find a qu...
The Identification of the Causes of Business Cycles Across Countries »
Source: The Identification of the Causes of Business Cycles Across Countries
Volume/Issue: 1990/4
Series: IMF Working Papers
Author(s): Don Schlagenhauf , and Stefan Norrbin
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 1990
ISBN: 9781451930085
Keywords: business cycle, equation, equations, time series
Empirical research has been conducted on the various theories of the business cycle over many countries. However, very little research has attempted to undertake a multi-country disaggregate investigation into the...
The Underground Economy »
Source: The Underground Economy : Estimation, and Economic and Policy Implications: The Case of Pakistan
Volume/Issue: 1995/101
Series: IMF Working Papers
Author(s): Ghiath Shabsigh
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 1995
ISBN: 9781451852479
Keywords: equations, equation, cointegration, budget deficit, statistic
This paper estimates the size of the underground economy in Pakistan and analyzes its impact on Government fiscal position and the allocation of economic resources in the national economy. The results suggest that...
The Use of Financial Spreads As Indicator Variables »
Source: The Use of Financial Spreads As Indicator Variables : Evidence for the U.K. and Germany
Volume/Issue: 1994/31
Series: IMF Working Papers
Author(s): E. Davis , and S. Henry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 1994
ISBN: 9781451844986
Keywords: equations, equation, bond, bonds, explanatory power
There has been growing interest in the use of financial spreads as advance indicators of real activity and inflation. Empirical evidence is marshalled on a range of spreads when these are used in vector autoregress...
What Have We Learned About Estimating the Demand for Money? a Multicountry Evaluation of Some New Approaches »
Source: What Have We Learned About Estimating the Demand for Money? a Multicountry Evaluation of Some New Approaches
Volume/Issue: 1991/16
Series: IMF Working Papers
Author(s): George Tavlas , and James Boughton
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 1991
ISBN: 9781451843309
Keywords: equations, equation, money demand, money supply
This paper provides estimates of the demand for both narrow and broad monetary aggregates for the five largest industrial countries using two recent approaches: buffer stock and error correction models. The perform...
Interest Rate Elasticity of Residential Housing Prices »
Source: Interest Rate Elasticity of Residential Housing Prices
Volume/Issue: 2008/247
Series: IMF Working Papers
Author(s): Plamen Iossifov , Martin Cihak , and Amar Shanghavi
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 2008
ISBN: 9781451871050
Keywords: equation, real estate, equations, regression analysis
We examine the interest rate elasticity of housing prices, advancingthe empirical literature in two directions. First, we take a commonly used cross-country panel dataset and evaluate the housing price equation usi...
Structural Models in Real Time1 »
Source: Structural Models in Real Time
Volume/Issue: 2010/56
Series: IMF Working Papers
Author(s): Kevin Clinton , Marianne Johnson , Jaromir Benes , Douglas Laxton , and Troy Matheson
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2010
ISBN: 9781451963625
Keywords: High frequency indicators, inflation, equation, prediction, equations,
This paper outlines a simple approach for incorporating extraneous predictions into structural models. The method allows the forecaster to combine predictions derived from any source in a way that is consistent wit...
Current Account Imbalances and Capital Formation in Industrial Countries, 1949–81 »
Source: IMF Staff papers : Volume 31 No. 1
Volume: 31
Series: IMF Staff Papers
Author(s): International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 1984
ISBN: 9781451956672
Keywords: equation, correlation, capital markets, statistics, equations
This paper studies the role of domestic and foreign savings in financing capital formation in 19 industrial countries during the years after World War II. The authors' interpretation of the statistical evidence is...