Series: Books
Author(s):
Benedict Clements
,
David Coady
,
Stefania Fabrizio
,
Sanjeev Gupta
,
Trevor Alleyne
, and
Carlo Sdralevich
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
November
2014
Language: Spanish
DOI: http://dx.doi.org/10.5089/9781484380109.071
ISBN: 9781484380109
Los subsidios a la energía tienen consecuencias económicas de amplio alcance. A pesar de que tienen por objeto proteger a los consumidores, los subsidios agravan los desequilibrios fiscales, desplazan gastos públic...
Volume/Issue: 2014/128
Series: IMF Working Papers
Author(s):
Francesco Furlanetto
,
Paolo Gelain
, and
Marzie Taheri Sanjani
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
18
July
2014
DOI: http://dx.doi.org/10.5089/9781498305327.001
ISBN: 9781498305327
The recent global financial crisis illustrates that financial frictions are a significant source of volatility in the economy. This paper investigates monetary policy stabilization in an environment where financial...
Volume: 11
Series: Technical Notes and Manuals
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
November
2011
DOI: http://dx.doi.org/10.5089/9781475504705.005
ISBN: 9781475504705
This technical note and manual addresses the following main issues: 1. What is operational risk management and how this should be applied to treasury operations. 2. What is business continuity and disaster reco...
Volume/Issue: 2010/113
Series: IMF Working Papers
Author(s):
Inci Ötker
, and
Charles Freedman
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
May
2010
DOI: http://dx.doi.org/10.5089/9781455200726.001
ISBN: 9781455200726
This is the fifth chapter of a forthcoming monograph entitled "On Implementing Full-Fledged Inflation-Targeting Regimes: Saying What You Do and Doing What You Say." It examines whether certain conditions have to be...
Volume/Issue: 2010/47
Series: IMF Working Papers
Author(s):
Ari Aisen
, and
Michael Franken
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2010
DOI: http://dx.doi.org/10.5089/9781451963120.001
ISBN: 9781451963120
This paper empirically estimates the main determinants of bank credit growth during the 2008 financial crisis. Using a sample covering over 80 countries, this paper finds that larger bank credit booms prior to the...
Volume/Issue: 2009/230
Series: IMF Working Papers
Author(s):
Brenda Gonzalez-Hermosillo
, and
Heiko Hesse
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
October
2009
DOI: http://dx.doi.org/10.5089/9781451873771.001
ISBN: 9781451873771
This paper examines several key global market conditions, such as a proxy for market uncertainty and measures of interbank funding stress, to assess financial volatility and the likelihood of crisis. Using Markov r...
Series: Occasional Papers
Author(s):
Christian Beddies
,
Marie-Helene Le Manchec
, and
Bergljot Barkbu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
25
September
2009
Language: French
DOI: http://dx.doi.org/10.5089/9781589068117.084
ISBN: 9781589068117
Low-income countries continue to face significant challenges in meeting their vast development needs while maintaining a sustainable debt position, even after many of these countries have benefited from substantial...
Series: Economic Issues
Author(s):
Rupa Duttagupta
,
Cem Karacadag
, and
Gilda Fernandez
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
October
2006
Language: Spanish
DOI: http://dx.doi.org/10.5089/9781589065406.051
ISBN: 9781589065406
Un número creciente de países están adoptando regímenes de tipo de cambio flexible porque la flexibilidad ofrece mayor protección frente a shocks externos y una mayor independencia monetaria. Otros países han atrav...
Volume/Issue: 2005/216
Series: IMF Working Papers
Author(s):
Paolo Mauro
, and
Marcos Chamon
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
November
2005
DOI: http://dx.doi.org/10.5089/9781451862355.001
ISBN: 9781451862355
Growth-indexed bonds have been suggested as a way of reducing the procyclicality of emerging-market countries' fiscal policies and the likelihood of costly debt crises. Investor attitude surveys suggest that pricin...
Volume/Issue: 2005/83
Series: IMF Working Papers
Author(s):
Jochen Andritzky
,
Geoffrey Bannister
, and
Natalia Tamirisa
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
April
2005
DOI: http://dx.doi.org/10.5089/9781451861020.001
ISBN: 9781451861020
This paper examines how emerging bond markets react to macroeconomic announcements. Global bond spreads respond to rating actions and changes in global interest rates rather than domestic data and policy announceme...
Volume/Issue: 34/5
Series: IMF Survey
Author(s):
International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
March
2005
DOI: http://dx.doi.org/10.5089/9781451938371.023
ISBN: 9781451938371
The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen...
Volume/Issue: 30/17
Series: IMF Survey
Author(s):
International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
January
2001
DOI: http://dx.doi.org/10.5089/9781451928518.023
ISBN: 9781451928518
Stanley Fischer, IMF First Deputy Managing Director for the past seven years, stepped down from his position at the end of August. Fischer was appointed in 1994 to an initial five-year term and to a second term in...
Volume/Issue: 1998/2
Series: IMF Working Papers
Author(s):
Romain Wacziarg
, and
Athanasios Vamvakidis
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
January
1998
DOI: http://dx.doi.org/10.5089/9781451841732.001
ISBN: 9781451841732
The previous literature points to a high correlation between domestic rates of investment and savings among OECD countries. Some take this as evidence of limited financial integration in the industrialized world. T...
Volume/Issue: 1997/174
Series: IMF Working Papers
Author(s):
Pierre-Richard Agénor
, and
Alexander Hoffmaister
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
1997
DOI: http://dx.doi.org/10.5089/9781451976991.001
ISBN: 9781451976991
This paper examines the short-run links between money growth, exchange rate depreciation, nominal wage growth, the output gap, and inflation in Chile, Korea, Mexico, and Turkey, using a generalized vector autoregre...
Volume/Issue: 1993/58
Series: IMF Working Papers
Author(s):
Maxwell Fry
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
July
1993
DOI: http://dx.doi.org/10.5089/9781451966565.001
ISBN: 9781451966565
This paper reviews the fiscal activities that governments in a sample of 26 developing countries have obliged their central banks to undertake. In the main, these activities fall under five categories: (1) collecti...
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
June
1990
DOI: http://dx.doi.org/10.5089/9781557751713.071
ISBN: 9781557751713
Based on papers presented at the 44th Congress of the international Institute of Public Finance, this book, edited by Vito Tanzi, deals with public finance and macroeconomic policy in open, developing economies, wi...
Volume/Issue: 1990/8
Series: IMF Working Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
January
1990
DOI: http://dx.doi.org/10.5089/9781451927603.001
ISBN: 9781451927603
This paper identifies macroeconomic stability, effective bank supervision, and an appropriate sequencing of stabilization, banking regulations, and interest rate policies as common characteristics of the relatively...
