Journal Issue

IMF Working Papers

Antonio Spilimbergo
Published Date:
August 2006
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No. 06/47

“Domestic Taxes and International Trade: Some Evidence”

Keen, Michael; Syed, Murtaza H.

No. 06/48

“The Monetary Transmission Mechanism in Jordan”

Poddar, Tushar; Sab, Randa; Khachatryan, Hasmik

No. 06/49

“Common Factors in Latin America’s Business Cycles”

Aiolfi, Marco; Catão, Luis; Timmermann, Allan

No. 06/50

“The Implications of Trade Barriers for Sectoral Diversification and Macroeconomic Stability in Developing Economies”

Srour, Gabriel

No. 06/51

“Malaysian Capital Controls: Macroeconomics and Institutions”

Johnson, Simon; Kochhar, Kalpana; Mitton, Todd; Tamirisa, Natalia T.

No. 06/52

“Business Cycles and Workers’ Remittances: How Do Migrant Workers Respond to Cyclical Movements of GDP at Home?”

Sayan, Serdar

No. 06/53

“Why Do Prices in Sierra Leone Change So Often? A Case Study Using Micro-Level Price Data”

Kovanen, Arto

No. 06/54

“To Peg or Not to Peg: A Template for Assessing the Nobler”

Husain, Aasim M.

No. 06/55

“The Dynamics of Provincial Growth in China: A Nonparametric Approach”

Zebregs, Harm; Unel, Bulent

No. 06/56

“Trade, Inequality, and the Political Economy of Institutions”

Do, Quy-Toan; Levchenko, Andrei A.

No. 06/57

“Is One Watchdog Better Than Three? International Experience with Integrated Financial Sector Supervision”

Čihák, Martin; Podpiera, Richard

No. 06/58

“Spending Seigniorage: Do Central Banks Have a Governance Problem?”

Ize, Alain

No. 06/59

“An Evaluation of the World Economic Outlook Forecasts”

Timmermann, Allan

No. 06/60

“Inflation in Pakistan: Money or Wheat?”

Khan, Mohsin S.; Schimmelpfennig, Axel

No. 06/61

“Beware of Emigrants Bearing Gifts: Optimal Fiscal and Monetary Policy in the Presence of Remittances”

Chami, Ralph; Cosimano, Thomas F.; Gapen, Michael T.

No. 06/62

“World Crude Oil Markets: Monetary Policy and the Recent Oil Shock”

Krichene, Noureddine

No. 06/63

“Government Debt and Long-Term Interest Rates”

Kinoshita, Noriaki

No. 06/64

“Sovereign Insurance and Program Design: What Is Optimal for the Sovereign?”

Messmacher, Miguel

No. 06/65

“Volatility of Development Aid: From the Frying Pan into the Fire?”

Bulíř, Aleš; Hamann, A. Javier

No. 06/66

“Toward a Lender of First Resort”

Cohen, Daniel; Portes, Richard

No. 06/67

“Primary Surplus Behavior and Risks to Fiscal Sustainability in Emerging Market Countries: A ‘Fan-Chart’ Approach”

Celasun, Oya; Debrun, Xavier; Ostry, Jonathan David

No. 06/68

“The Utilization-Adjusted Output Gap: Is the Russian Economy Overheating?”

Oomes, Nienke; Dynnikova, Oksana

No. 06/69

“The External Wealth of Nations Mark II: Revised and Extended Estimates of Foreign Assets and Liabilities, 1970–2004”

Lane, Philip R.; Milesi-Ferretti, Gian Maria

No. 06/70

“Energy, the Exchange Rate, and the Economy: Macroeconomic Benefits of Canada’s Oil Sands Production”

Bayoumi, Tamim; Mühleisen, Martin

No. 06/71

“Progress in China’s Banking Sector Reform: Has Bank Behavior Changed?”

Podpiera, Richard

No. 06/72

“Fundamental Determinants of the Effects of Fiscal Policy”

Botman, Dennis P. J.; Kumar, Manmohan S.

No. 06/73

“Are Asset Price Guarantees Useful for Preventing Sudden Stops? A Quantitative Investigation of the Globalization Hazard-Moral Hazard Trade-Off”

Durdu, Ceyhun Bora; Mendoza, Enrique G.

No. 06/74

“Determinants of Venezuela’s Equilibrium Real Exchange Rate”

Zalduendo, Juan

No. 06/75

“The Role of IMF Support in Crisis Prevention”

Ramakrishnan, Uma; Zalduendo, Juan

No. 06/76

“Perspectives on Low Global Interest Rates”

Catão, Luis; Mackenzie, G. A.

No. 06/77

“Public-Private Partnerships: A Public Economics Perspective”

Sadka, Efraim

No. 06/78

“Sovereign Borrowing Cost and the IMF’s Data Standards Initiatives”

Cady, John; Pellechio, Anthony J.

No. 06/79

“International Financial Integration, Sovereignty, and Constraints on Macroeconomic Policies”

Kletzer, Kenneth

No. 06/80

“A Practical Model-Based Approach to Monetary Policy Analysis: Overview”

Berg, Andrew; Karam, Philippe D.; Laxton, Douglas

No. 06/81

“Practical Model-Based Monetary Policy Analysis: A How-To Guide”

Berg, Andrew; Laxton, Douglas; Karam, Philippe D.

No. 06/82

“Adopting Full Dollarization in Post-Conflict Economies: Would the Gains Compensate for the Losses in Liberia?”

Honda, Jiro; Schumacher, Liliana

No. 06/83

“Shocking Aspects of Canadian Labor Markets”

Bayoumi, Tamim; Sutton, Bennett; Swiston, Andrew

No. 06/84

“Disintermediation and Monetary Transmission in Canada”

Roldós, Jorge

No. 06/85

“How to Evaluate GDP-Linked Warrants: Price and Repayment Capacity”

Miyajima, Ken

IMF Working Papers and other IMF publications can be downloaded in full-text format from the “Research at the IMF” website at

Visiting Scholars, January–August 2006

Josh Abor; University of Ghana; 5/1/06–5/12/06

Alberto Alesina; Harvard University; 6/14/06–6/15/06

Philippe Bacchetta; Study Center Gerzensee, Switzerland; 7/3/06–7/7/06

William Brafu-Insaidoo; University of Cape Coast, Ghana; 5/1/06–5/5/06

Menzie Chinn; University of California; 8/7/06–8/11/06

Matteo Ciccarelli; European Central Bank; 7/17/06–7/28/06

Pietro Garibaldi; Universita Commerciale Luigi Bocconi, Italy; 7/24/06–8/4/06

Christopher Gilbert; Universita degli Studi di Trento, Italy; 6/19/06–7/31/06

Giorgio Gobbi; Bank of Italy; 6/26/06–7/21/06

Romain Houssa; Catholic University of Leuven, Belgium; 7/17/06–8/25/06

Jean Imbs; University of Lausanne, Switzerland; 5/1/06–5/12/06

Simon Johnson; Massachusetts Institute of Technology; 1/30/06–8/31/06

Ethan Kaplan; Institute for International Economic Studies, Stockholm University, Sweden; 7/24/06–7/28/06

Soyoung Kim; Korea University; 8/7/06–8/25/06

Ross Levine; Carlston School of Management, University of Minnesota; 5/30/06–6/9/06

Xuepeng Liu; Syracuse University; 5/1/06–6/9/06

Paolo Manasse; University of Bologna, Italy; 8/7/06–8/18/06

Nancy Marion; Dartmouth College; 5/8/06–5/11/06

Matthew Ocran; University of Stellenbosch, South Africa; 5/1/06–5/3/06

Christopher Otrok; University of Virginia; 6/12/06–6/14/06

David Parsley; Owen Graduate School, Vanderbilt University; 6/5/06–6/9/06

Mathias Thoenig; University of Geneva; 7/10/06–7/14/06

Thierry Verdier; Delta-Ecole Normale Superieure, France; 7/31/06–8/4/06

Khuong Vu; Harvard University; 6/19/06–6/21/06

Danyang Xie; University of Science and Technology, Hong Kong SAR; 7/17/06–7/28/06

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