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IMF Working Papers

IMF Working Papers »

Source: IMF Research Bulletin, March 2007

Volume/Issue: 8/1

Series: IMF Research Bulletin

Author(s): Antonio Spilimbergo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2007

ISBN: 9781451929768

Keywords: macroeconomic volatility, financial integration, international monetary fund, Financial Flows, Financial Liberalization, International Economic Integration, Macroeconomics, Welfare Effects,

Research summaries on (1) globalization and macroeconomic volatility (by M. Ayhan Kose), and (2) international financial integration and domestic financial systems (by Thierry Tressel); country study on Germany (by...

Financial Development, Financial Fragility, and Growth

Financial Development, Financial Fragility, and Growth »

Source: Financial Development, Financial Fragility, and Growth

Volume/Issue: 2005/170

Series: IMF Working Papers

Author(s): Norman Loayza , and Romain Ranciere

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2005

ISBN: 9781451861891

Keywords: Growth empirics, pooled mean group estimation, financial volatility, financial intermediation, financial liberalization, banking crises, financial fragility, Macroeconomic Analyses of Economic Development,

This paper studies the apparent contradictions between two strands of the literature on the effects of financial intermediation on economic activity. On the one hand, the empirical growth literature finds a positiv...

The Role of Structural Reforms in Raising Economic Growth in Central America

The Role of Structural Reforms in Raising Economic Growth in Central America »

Source: The Role of Structural Reforms in Raising Economic Growth in Central America

Volume/Issue: 2011/248

Series: IMF Working Papers

Author(s): Andrew Swiston , and Luis Barrot

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2011

ISBN: 9781463923273

Keywords: Structural Reform, Factor Accumulation, System GMM, financial system, domestic financial system, growth rates, growth rate, Multiple or Simultaneous Equation Models: Models with Panel Data, Multiple or Simultaneous Equation Models: Other, Macroeconomic Analyses of Economic Development

Central America experienced moderate growth during the last decade, including in the years leading up to the global financial crisis, but the rate of convergence toward advanced country income levels has still been...