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Devaluation, Relative Prices, and International Trade Evidence from Developing Countries

Devaluation, Relative Prices, and International Trade Evidence from Developing Countries »

Source: IMF Staff papers : Volume 42 No. 2

Volume: 42

Series: IMF Staff Papers

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1995

ISBN: 9781451947205

Keywords: public investment, rate of growth, government spending, fixed effects, random effects

This paper develops an endogenous growth model of the influence of public investment, public transfers, and distortionary taxation on the rate of economic growth. The growth–enhancing effects of investment i...

A Debt Overhang Model for Low-Income Countries

A Debt Overhang Model for Low-Income Countries »

Source: IMF Staff Papers, Volume 55, No. 4

Volume: 55

Series: IMF Staff Papers

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

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 April 2008

ISBN: 9781589067257

Keywords: copper, nickel, zinc, lead, tin, Super Cycles in Real Metals Prices?,

In this issue, John T. Cuddington and Daniel Jerrett from the Colorado School of Mines examine whether metals prices are in a "super cycle" upswing driven by intensive economic growth in China, in particular. Using...