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Germany: Selected Issues

Germany: Selected Issues »

Source: Germany : Selected Issues

Volume/Issue: 2015/188

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 July 2015

ISBN: 9781513572307

Keywords: surplus, surpluses, current account surpluses, output, trade

This Selected Issues paper identifies episodes of large and sustained current account surpluses in advanced economies (AEs) and compares Germany's ongoing surplus with those episodes. In doing so, the paper aims to...

Germany: Selected Issues

Germany: Selected Issues »

Source: Germany : Selected Issues

Volume/Issue: 2015/188

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 July 2015

ISBN: 9781513572307

Keywords: surplus, surpluses, current account surpluses, output, trade

This Selected Issues paper identifies episodes of large and sustained current account surpluses in advanced economies (AEs) and compares Germany's ongoing surplus with those episodes. In doing so, the paper aims to...

Germany: Selected Issues

Germany: Selected Issues »

Source: Germany : Selected Issues

Volume/Issue: 2015/188

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 July 2015

ISBN: 9781513572307

Keywords: surplus, surpluses, current account surpluses, output, trade

This Selected Issues paper identifies episodes of large and sustained current account surpluses in advanced economies (AEs) and compares Germany's ongoing surplus with those episodes. In doing so, the paper aims to...

Germany: Selected Issues

Germany: Selected Issues »

Source: Germany : Selected Issues

Volume/Issue: 2015/188

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. European Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 July 2015

ISBN: 9781513572307

Keywords: surplus, surpluses, current account surpluses, output, trade

This Selected Issues paper identifies episodes of large and sustained current account surpluses in advanced economies (AEs) and compares Germany's ongoing surplus with those episodes. In doing so, the paper aims to...

Spillovers of Domestic Shocks

Spillovers of Domestic Shocks »

Source: Spillovers of Domestic Shocks : Will They Counteract the 'Great Moderation'?

Volume/Issue: 2010/78

Series: IMF Working Papers

Author(s): Ashoka Mody , and Alina Carare

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2010

ISBN: 9781451982213

Keywords: Output growth volatility, vertical specialization, output growth, domestic shocks, global trade,

Even prior to the extreme volatility just observed, output growth volatility-following protracted decline-was flattening or mildly rising in some countries. More widespread was an increasing tendency from the mid-1...

IMF Estimates of Potential Output

IMF Estimates of Potential Output »

Source: IMF Estimates of Potential Output : Theory and Practice

Volume/Issue: 1997/177

Series: IMF Working Papers

Author(s): Paula De Masi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1997

ISBN: 9781451974980

Keywords: potential output, output gap, total factor productivity, industrial countries, growth rates, real gdp, growth rate

The concepts of potential output and the output gap are central to the IMF’s analytical work in providing policy recommendations to member governments. This key role has stimulated research at the IMF to dev...

How Accurate Are the Imf's Short-Term Forecasts? Another Examination of the World Economic Outlook

How Accurate Are the Imf's Short-Term Forecasts? Another Examination of the World Economic Outlook »

Source: How Accurate Are the Imf's Short-Term Forecasts? Another Examination of the World Economic Outlook

Volume/Issue: 1996/89

Series: IMF Working Papers

Author(s): Michael Artis

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1996

ISBN: 9781451851250

Keywords: statistic, significance level, forecasting, absolute error, output growth

This paper analyzes the short-term forecasts for industrial and developing countries produced by the International Monetary Fund, and published twice a year in the World Economic Outlook (WEO). For the industrial c...

Capital Mobility and the Output-Inflation Tradeoff

Capital Mobility and the Output-Inflation Tradeoff »

Source: Capital Mobility and the Output-Inflation Tradeoff

Volume/Issue: 2000/87

Series: IMF Working Papers

Author(s): Assaf Razin , Prakash Loungani , and Chi-Wa Yuen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2000

ISBN: 9781451851014

Keywords: Output-inflation tradeoff, capital mobility, openness, aggregate demand, inflation rate

Identifying determinants of the output-inflation tradeoff has long been a key issue in business cycle research. We provide evidence that in countries with greater restrictions on capital mobility, a given reduction...

The Wage-Price Spiral

The Wage-Price Spiral »

Source: The Wage-Price Spiral : Industrial Country Evidence and Implications

Volume/Issue: 2003/164

Series: IMF Working Papers

Author(s): Magda Kandil

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2003

ISBN: 9781451858013

Keywords: Wage-Price Spiral, Asymmetric Fluctuations, Output Effect, Standard of Living, wage, aggregate demand, inflation, wage-price, Output-Effect,

Using quarterly time-series data for a sample of twelve industrial countries, the paper investigates the dynamics of nominal wage and price adjustments in the face of aggregate demand shocks. The evidence illustrat...

Simulating Inflation Forecasting in Real-Time

Simulating Inflation Forecasting in Real-Time »

Source: Simulating Inflation Forecasting in Real-Time : How Useful Is a Simple Phillips Curve in Germany, the UK, and the US?

Volume/Issue: 2010/52

Series: IMF Working Papers

Author(s): Jens Clausen , and Bianca Clausen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2010

ISBN: 9781451963380

Keywords: Real-time data, output gap, Phillips curve, inflation forecast, monetary policy, forecasting inflation, inflation forecasts,

This paper simulates out-of-sample inflation forecasting for Germany, the UK, and the US. In contrast to other studies, we use output gaps estimated with unrevised real-time GDP data. This exercise assumes an infor...