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The Implications of Fund Supported Adjustment Programs for Poverty
			: Experiences in Selected Countries:  Occa Paper 58

The Implications of Fund Supported Adjustment Programs for Poverty : Experiences in Selected Countries: Occa Paper 58 »

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 May 1988

DOI: http://dx.doi.org/10.5089/9781557750136.084

ISBN: 9781557750136

Keywords: expenditure, exchange rate, adjustment programs, structural adjustment, tradable goods

This paper presents a study that focuses on specific adjustment programs for limited periods and is aimed largely at analyzing the short-run implications of the policy measures. The longer run implications are also...

International Evidenceon Tradables and Nontradables Inflation

International Evidenceon Tradables and Nontradables Inflation »

Source: International Evidenceon Tradables and Nontradables Inflation

Volume/Issue: 1994/33

Series: IMF Working Papers

Author(s): Holger Wolf , Alberto Giovannini , and Jose De Gregorio

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1994

ISBN: 9781451979282

Keywords: relative price, nontradable goods, tradable goods, inflation rates

Using 1970-85 sectoral data for the OECD we find that inflation in nontradable good exceeds inflation in tradables. We identify a demand shift towards nontradables and faster growth of total factor productivity in...

Global Imbalances

Global Imbalances »

Source: Global Imbalances : The Role of Emerging Asia

Volume/Issue: 2009/64

Series: IMF Working Papers

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2009

ISBN: 9781451872118

Keywords: emerging Asia, trade deficit, non-tradable sector, exchange rate, tradable goods, intermediate goods, terms of trade, elasticity of substitution, Non-tradable Sector Non-tradable Sector,

This paper investigates the role played by emerging Asia in the emergence and evolution of the global trade imbalances. Based on simulations in a general equilibrium model of the world economy, we find that a produ...

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...

The Behavior of Nontradable Goods Prices in Europe

The Behavior of Nontradable Goods Prices in Europe »

Source: The Behavior of Nontradable Goods Prices in Europe : Evidence and Interpretation

Volume/Issue: 1993/45

Series: IMF Working Papers

Author(s): Jose De Gregorio , Thomas Krueger , and Alberto Giovannini

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1993

ISBN: 9781451974263

Keywords: exchange rate, nontradable goods, real exchange rate, tradable goods, exchange rates

This paper examines the evolution of the relative price between tradable and nontradable goods in a group of European countries. A model of an open economy is used to analyze different factors that can account for...

A Noteon Terms of Trade Shocks and the Wage Gap

A Noteon Terms of Trade Shocks and the Wage Gap »

Source: A Noteon Terms of Trade Shocks and the Wage Gap

Volume/Issue: 2010/279

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2010

ISBN: 9781455210862

Keywords: Non-tradable goods, terms of trade shocks, distributive conflict, terms of trade, tradable goods, skilled workers, unskilled workers, Neoclassical Models of Trade, Nonrenewable Resources and Conservation: Other,

Using Chilean data, we document that for resource-rich small open economies the effects of terms of trade shocks on the wage gap (between skilled and unskilled workers) depend on factor intensities in the non-trada...

Macroeconomic Effects of Sovereign Restructuring in a Monetary Union: A Model-based Approach1

Macroeconomic Effects of Sovereign Restructuring in a Monetary Union: A Model-based Approach1 »

Source: Macroeconomic Effects of Sovereign Restructuring in a Monetary Union : A Model-based Approach

Volume/Issue: 2013/269

Series: IMF Working Papers

Author(s): Lorenzo Forni , and Massimiliano Pisani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 December 2013

ISBN: 9781484333754

Keywords: DSGE modeling, sovereign restructuring, monetary union, intermediate goods, elasticity of substitution, tradable goods, domestic firms, Open Economy Macroeconomics, General,

We assess the macroeconomic effects of a sovereign restructuring in a small economy belonging to a monetary union by simulating a dynamic general equilibrium model. In line with the empirical evidence, we make the...

Welfare Gains of Aid Indexation in Small Open Economies

Welfare Gains of Aid Indexation in Small Open Economies »

Source: Welfare Gains of Aid Indexation in Small Open Economies

Volume/Issue: 2008/101

Series: IMF Working Papers

Author(s): Anubha Dhasmana

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2008

ISBN: 9781451869620

Keywords: Volatility, Business Cycle, terms of trade shocks, trade shocks, tradable goods,

Foreign aid flows to poor, aid-dependent economies are highly volatile and pro-cyclical. Shortfalls in aid coincide with shortfalls in GDP and government revenues. This increases the consumption volatility in aid d...

Aggregate Investment Expenditures on Tradable and Nontradable Goods

Aggregate Investment Expenditures on Tradable and Nontradable Goods »

Source: Aggregate Investment Expenditures on Tradable and Nontradable Goods

Volume/Issue: 2008/45

Series: IMF Working Papers

Author(s): Rudolfs Bems

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2008

ISBN: 9781451869071

Keywords: tradable and nontradable goods, expenditure, expenditures, investment expenditures, input-output, expenditure share,

This paper shows that aggregate investment expenditure shares on tradable and nontradable goods are very similar across countries and regions. Furthermore, the two expenditure shares have remained close to constant...

The Declining Importance of Tradable Goods Manufacturing in Australia and New Zealand

The Declining Importance of Tradable Goods Manufacturing in Australia and New Zealand »

Source: The Declining Importance of Tradable Goods Manufacturing in Australia and New Zealand : How Much Can Growth Theory Explain?

Volume/Issue: 2009/16

Series: IMF Working Papers

Author(s): Benjamin Hunt

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2009

ISBN: 9781451871630

Keywords: Deindustrialization, Unbalanced Growth, tradable goods, inflation, elasticity of substitution, price inflation, trading partners,

In this paper, the IMF's new Global Economy Model (GEM) is used to estimate the contribution of unbalanced growth to the decline in the share of goods production in Australia and New Zealand. The simulation results...