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GCC Monetary Union and the Degree of Macroeconomic Policy Coordination

GCC Monetary Union and the Degree of Macroeconomic Policy Coordination »

Source: GCC Monetary Union and the Degree of Macroeconomic Policy Coordination

Volume/Issue: 2007/249

Series: IMF Working Papers

Author(s): Bassem Kamar , and Samy Ben Naceur

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2007

ISBN: 9781451868128

Keywords: Models with panel data, central banks and their policies, analysis of fiscal and monetary policy, economic integration, policy coordination and transmission, exchange rate, real exchange rate, correlation, exchange rates, cointegration,

Coordinating macroeconomic policies is a pre-requisite to a successful launch of the common currency in the GCC countries. Relying on the Behavioral Equilibrium Exchange Rate approach as a theoretical framework, we...

Human Capital Convergence

Human Capital Convergence »

Source: Human Capital Convergence : International Evidence

Volume/Issue: 2001/32

Series: IMF Working Papers

Author(s): Randa Sab , and Stephen Smith

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2001

ISBN: 9781451845112

Keywords: convergence, growth, enrollment rate, equation, primary enrollment, enrollment rates, primary education, Economic Growth and Aggregate Productivity: General, Health: Other,

In the growth literature, evidence on income convergence is mixed. In the development literature, health and education indicators are also often used. This study examines whether health and education levels are con...