Browse

You are looking at 1 - 10 of 34 items :

  • Keywords: economic growth x
Clear All
ASEAN Financial Integration1 2

ASEAN Financial Integration1 2 »

Source: ASEAN Financial Integration

Volume/Issue: 2015/34

Series: IMF Working Papers

Author(s): Geert Almekinders , Alex Mourmouras , Jianping Zhou , Satoshi Fukuda , and Yong Sarah Zhou

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 February 2015

ISBN: 9781484386491

Keywords: Economic growth, Cross country analysis, Association of Southeast Asian Nations, Brunei Darussalam, Cambodia, Capital flows, Capital account liberalization, Economic integration, Financial integration, Indonesia

The establishment of the ASEAN Economic Community (AEC) at end-2015 has brought into sharp focus the issue of financial and economic integration in the region. This paper takes stock of ASEAN's financial integratio...

Deconstructing the International Business Cycle

Deconstructing the International Business Cycle »

Source: Deconstructing the International Business Cycle : Why does a U.S. sneeze give the rest of the world a cold?

Volume/Issue: 2010/239

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2010

ISBN: 9781455209392

Keywords: international business cycles, identification, structural VAR, business cycle, real gdp, correlation, standard errors, statistics, Multiple or Simultaneous Equation Models: Time-Series Models, International Factor Movements and International Business: General

The 2008 crisis underscored the interconnectedness of the international business cycle, with U.S. shocks leading to the largest global slowdown since the 1930s. We estimate spillover effects across major advanced c...

Demographics and the Natural Rate of Interest in Japan

Demographics and the Natural Rate of Interest in Japan »

Source: Demographics and the Natural Rate of Interest in Japan

Volume/Issue: 2019/31

Series: IMF Working Papers

Author(s): Fei Han

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 February 2019

ISBN: 9781484396230

Keywords: Real interest rates, Negative interest rates, Interest rate policy, Economic growth, Interest rate increases, Demographic change;natural rate of interest;monetary policy;Japan;natural rate;Turunen;potential growth;Pescatori;real interest rate

Japan's aging and shrinking population could lower the natural rate of interest and, together with low inflation expectations, challenge the Bank of Japan's efforts to reflate the economy. This paper uses a semi-st...

Determinants of Growth Spells

Determinants of Growth Spells »

Source: Determinants of Growth Spells : Is Africa Different?

Volume/Issue: 2012/227

Series: IMF Working Papers

Author(s): Charalambos Tsangarides

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2012

ISBN: 9781475510225

Keywords: International Growth, survival analysis, robustness, Bayesian Model Averaging, terms of trade, inflation, trade growth, per capita income, Macroeconomic Analyses of Economic Development, Economic Growth and Aggregate Productivity: General

Do growth spells in Africa end because of bad realizations of the same factors that influence growth spells in the rest of the world, or because of different factors altogether? To answer this question, we examine...

East Asian Growth Before and After the Crisis

East Asian Growth Before and After the Crisis »

Source: East Asian Growth Before and After the Crisis

Volume/Issue: 1998/137

Series: IMF Working Papers

Author(s): N. Crafts

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1998

ISBN: 9781451855883

Keywords: tfp, economic growth, capital markets, growth rates, real gdp

This paper surveys the literature on the growth performance of the east Asian economies in recent decades, evaluates the sustainability of that performance, and provides a preliminary assessment of their long-term...

Evolution of the Relative Price of Goods and Services in a Neoclassical Model of Capital Accumulation

Evolution of the Relative Price of Goods and Services in a Neoclassical Model of Capital Accumulation »

Source: Evolution of the Relative Price of Goods and Services in a Neoclassical Model of Capital Accumulation

Volume/Issue: 2004/207

Series: IMF Working Papers

Author(s): Vladimir Klyuev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2004

ISBN: 9781451874686

Keywords: Balassa-Samuelson effect, two-sector growth model, capital mobility, capital intensity, services sector, General Aggregative Models: Neoclassical, Economic Growth of Open Economies, One, Two, and Multisector Growth Models,

This paper provides an explanation for the secular increase in the price of services relative to that of manufactured goods that relies on capital accumulation rather than on an exogenous total factor productivity...

Financial Frictions, Investment, and Institutions

Financial Frictions, Investment, and Institutions »

Source: Financial Frictions, Investment, and Institutions

Volume/Issue: 2010/231

Series: IMF Working Papers

Author(s): Yishay Yafeh , Kenichi Ueda , and Stijn Claessens

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2010

ISBN: 9781455209316

Keywords: Financial Friction, institution, creditor rights, measurement errors, correlation, equation, financial markets, standard deviation, Corporate Finance and Governance: General, Economic Growth and Aggregate Productivity: General,

Financial frictions have been identified as key factors affecting economic fluctuations and growth. But, can institutional reforms reduce financial frictions? Based on a canonical investment model, we consider two...

Financial Versus Monetary Mercantilism

Financial Versus Monetary Mercantilism »

Source: Financial Versus Monetary Mercantilism : Long-Run View of Large International Reserves Hoarding

Volume/Issue: 2006/280

Series: IMF Working Papers

Author(s): Jaewoo Lee , and Joshua Aizenman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2006

ISBN: 9781451865400

Keywords: competitive real depreciations, self insurance, precautionary hoarding, hoarding, international reserves, financial sector, financial fragility, Economic Growth of Open Economies,

The sizable hoarding of international reserves by several East Asian countries has been frequently attributed to a modern version of monetary mercantilism-hoarding international reserves in order to improve competi...

Fiscal Policy and Economic Development

Fiscal Policy and Economic Development »

Source: Fiscal Policy and Economic Development

Volume/Issue: 2008/155

Series: IMF Working Papers

Author(s): Alex Mourmouras , and Peter Rangazas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2008

ISBN: 9781451870138

Keywords: structural transformation, size of government, infrastructures, calibrated dynamic general equilibrium models, tax rates, growth rates, economic growth, tax base,

This paper offers possible explanations for three generally observed facts about fiscal policy and development: (F1) The relative size of government increases as an economy develops, (F2) The rise in government and...

How Inclusive Is Abenomics?

How Inclusive Is Abenomics? »

Source: How Inclusive Is Abenomics?

Volume/Issue: 2015/54

Series: IMF Working Papers

Author(s): Chie Aoyagi , Giovanni Ganelli , and Kentaro Murayama

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 March 2015

ISBN: 9781498327312

Keywords: growth, poverty, average income, income growth, average income growth, Economic Growth of Open Economies, Equity, Justice, Inequality, and Other Normative Criteria and Measurement

We assess the ongoing reform efforts in Japan in terms of inclusive growth. We use prefectural level panel data to regress a measure of inclusive growth, which incorporates both average income growth and income i...