Browse

You are looking at 1 - 10 of 52 items :

  • Real Estate - Mortgages x
  • IMF Working Papers x
Clear All
Comparing the Employment-Output Elasticities of Expatriates and Nationals in the Gulf Cooperation Council

Comparing the Employment-Output Elasticities of Expatriates and Nationals in the Gulf Cooperation Council »

Source: Comparing the Employment-Output Elasticities of Expatriates and Nationals in the Gulf Cooperation Council

Volume/Issue: 2015/191

Series: IMF Working Papers

Author(s): Alberto Behar

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 August 2015

ISBN: 9781513573885

Keywords: Employment Elasticities, Labor Market Adjustment Costs, GCC, Gulf Cooperation Council, labor market, labor, private sector, unemployment, Labor Economics: General, Labor Economics Policies

We estimate the elasticity of private-sector employment to non-oil GDP in the Gulf Cooperation Council (GCC) for GCC nationals and expatriates using a Seemingly Unrelated Error Correction (SUREC) model. Our results...

Credit Constraints, Political Instability, and Capital Accumulation

Credit Constraints, Political Instability, and Capital Accumulation »

Source: Credit Constraints, Political Instability, and Capital Accumulation

Volume/Issue: 2013/246

Series: IMF Working Papers

Author(s): Risto Herrala , and Rima Turk Ariss

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 December 2013

ISBN: 9781484303085

Keywords: credit constraints, political unrest, MENA countries, equity capital, real interest rate, equity ratio, capital goods, General,

We investigate the complex interactions between credit constraints, political instability, and capital accumulation using a novel approach based on Kiyotaki and Moore's (1997) theoretical framework. Drawing on a un...

Desynchronized

Desynchronized »

Source: Desynchronized : The Comovement of Non-Hydrocarbon Business Cycles in the GCC

Volume/Issue: 2011/286

Series: IMF Working Papers

Author(s): Serhan Cevik

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2011

ISBN: 9781463927202

Keywords: Business cycles, business cycle synchronization, band-pass filter, concordance, business cycle, correlation, correlations

This paper investigates the empirical characteristics of business cycles and the extent of cyclical comovement in the Gulf Cooperation Council (GCC) countries, using various measures of synchronization for non-hydr...

Determinants of Inflation in GCC

Determinants of Inflation in GCC »

Source: Determinants of Inflation in GCC

Volume/Issue: 2009/82

Series: IMF Working Papers

Author(s): Magda Kandil , and Hanan Morsy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2009

ISBN: 9781451872293

Keywords: domestic policies, inflationary pressures, price inflation, money supply, monetary growth,

Inflationary pressures have heightened in the oil-rich Gulf Cooperation Council (GCC) since 2003. This paper studies determinants of inflation in GCC, using an empirical model that includes domestic and external fa...

Establishing Conversion Values for New Currency Unions

Establishing Conversion Values for New Currency Unions »

Source: Establishing Conversion Values for New Currency Unions : Method and Application to the planned Gulf Cooperation Council (GCC) Currency Union

Volume/Issue: 2009/184

Series: IMF Working Papers

Author(s): Bassem Kamar , Jean-Etienne Carlotti , and Russell Krueger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2009

ISBN: 9781451873313

Keywords: Currency union, conversion rates, EAC, East African Community, ECOWAS, ECU, GCC, Gulf Cooperation Council, SADC, South African Development Community

A key issue in creating a new currency union is setting the rates to convert national currencies into the new union currency. Planned unions in the Gulf region and Africa are seeking methods to set the conversion r...

Exchange Rate Assessment for Oil Exporters

Exchange Rate Assessment for Oil Exporters »

Source: Exchange Rate Assessment for Oil Exporters

Volume/Issue: 2009/81

Series: IMF Working Papers

Author(s): Klaus-Stefan Enders

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2009

ISBN: 9781451872286

Keywords: Exchange rate, current account, real exchange, government spending, real exchange rate,

While the underlying methodologies continue to be widely debated and refined, there is little consensus on how to assess the equilibrium exchange rate of economies dominated by production of finite natural resource...

External Stability Under Alternative Nominal Exchange Rate Anchors

External Stability Under Alternative Nominal Exchange Rate Anchors »

Source: External Stability Under Alternative Nominal Exchange Rate Anchors : An Application to the GCC Countries

Volume/Issue: 1997/8

Series: IMF Working Papers

Author(s): Zubair Iqbal , and S. Erbas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1997

ISBN: 9781451927900

Keywords: exchange rate, statistic, exchange rates, nominal exchange rate, real exchange rate

Import and export stability is examined under two alternative nominal exchange rate anchors, the U.S. dollar and the SDR. Stability under the two pegs depends critically on import and export elasticity with respect...

From Volatility to Stability in Expenditure: Stabilization Funds in Resource-Rich Countries

From Volatility to Stability in Expenditure: Stabilization Funds in Resource-Rich Countries »

Source: From Volatility to Stability in Expenditure : Stabilization Funds in Resource-Rich Countries

Volume/Issue: 2014/43

Series: IMF Working Papers

Author(s): Naotaka Sugawara

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 March 2014

ISBN: 9781475515275

Keywords: stabilization fund, fiscal volatility, government expenditure, institution, stabilization, expenditure, public spending, Comparative or Joint Analysis of Fiscal and Monetary or Stabilization Policy, General, Government Policy,

This paper examines the effect of stabilization funds on the volatility of government expenditure in resource-rich countries. Using a panel data set of 68 resource-rich countries over 1988-2012, the results find th...

The GCC Banking Sector

The GCC Banking Sector »

Source: The GCC Banking Sector : Topography and Analysis

Volume/Issue: 2010/87

Series: IMF Working Papers

Author(s): May Khamis , Abdullah Al-Hassan , and Nada Oulidi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2010

ISBN: 9781451982619

Keywords: Gulf Cooperation Council, credit growth, financial statements, banking, national bank, banking system, central bank

In this paper, we analyze the evolution of the Gulf Cooperation Council (GCC) banking sectors in the six member countries including ownership, concentration, cross-border linkages, balance sheet exposures and risks...

The GCC Monetary Union

The GCC Monetary Union »

Source: The GCC Monetary Union : Some Considerations for the Exchange Rate Regime

Volume/Issue: 2003/66

Series: IMF Working Papers

Author(s): Behrouz Guerami , S. Erbas , and George Abed

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2003

ISBN: 9781451848816

Keywords: exchange rate pegging, dollar peg, basket peg, exchange rate, competitiveness, exchange rate regime, currency basket, flexible exchange rate, International Policy Coordination and Transmission,

We compare the dollar peg to a dollar-euro basket peg as alternative exchange rate regimes for the incipient Gulf Cooperation Council (GCC) currency union. Quantitative evidence suggests basket peg does not dominat...