IMF Working Papers
Price Setting in a Model with Production Chains: Evidence from Sectoral Data
Credit Conditions and Recoveries from Recessions Associated with Financial Crises
Inflation Expectations and Monetary Policy in India: An Empirical Exploration
Debabrata Patra, Michael; Ray, Partha
Monetary Policy Committees, Learning, and Communication
The Embodiment of Intangible Investment Goods: A Q-Theory Approach
The GCC Banking Sector: Topography and Analysis
Al-Hassan, Abdullah; Khamis, May Y.; Oulidi, Nada
Foreign Participation in Emerging Markets’ Local Currency Bond Markets
Peiris, Shanaka J.
Russia’s Output Collapse and Recovery: Evidence from the Post-Soviet Transition
Regional Financial Integration in the GCC
Espinoza, Raphael A.; Prasad, Ananthakrishnan; Williams, Oral
Transparency and Monetary Policy with Imperfect Common Knowledge
Beyond the Crisis: Revisiting Emerging Europe’s Growth Model
Determinants of China’s Private Consumption: An International Perspective
Guo, Kai; N’Diaye, Papa M’B. P.
Boom-Bust Cycle, Asymmetrical Fiscal Response and the Dutch Disease
Arezki, Rabah; Ismail, Kareem
Bank Efficiency Amid Foreign Entry: Evidence from the Central American Region
Growth Convergence and Spillovers among Indian States: What Matters? What Does Not?
Kalra, Sanjay; Sodsriwiboon, Piyaporn
Absorption Boom and Fiscal Stance: What Lies Ahead in Eastern Europe?
Regulatory Capital Charges for Too-Connected-to-Fail Institutions: A Practical Proposal
Chan-Lau, Jorge A.
Collateral, Netting and Systemic Risk in the OTC Derivatives Market
Quantitative Properties of Sovereign Default Models: Solution Methods Matter
Hatchondo, Juan Carlos; Martinez, Leonardo; Sapriza, Horacio
Development Accounting and the Rise of TFP
Arezki, Rabah; Cherif, Reda
The Global Credit Crunch and Foreign Banks’ Lending to Emerging Markets: Why Did Latin America Fare Better?
Kamil, Herman; Rai, Kulwant
The Structural Manifestation of the “Dutch Disease”: The Case of Oil-Exporting Countries
House Price Determinants in Selected Countries of the Former Soviet Union
Stepanyan, Vahram; Poghosyan, Tigran; Bibolov, Aidyn
Cross-Border Financial Surveillance: A Network Perspective
Espinosa-Vega, Marco; Sole, Juan
Implementing Official Dollarization
Jácome, Luis Ignacio; Lönnberg, Åke
Balance Sheet Network Analysis of Too-Connected-to-Fail Risk in Global and Domestic Banking Systems
Chan-Lau, Jorge A.
The Global Financial Crisis and its Impact on the Chilean Banking System
Chan-Lau, Jorge A.
Power Laws in Firm Size and Openness to Trade: Measurement and Implications
di Giovanni, Julian; Levchenko, Andrei A.; Ranciere, Romain
Public Investment as a Fiscal Stimulus: Evidence from Japan’s Regional Spending During the 1990s
Bruckner, Markus; Tuladhar, Anita
Fiscal Policy and Macroeconomic Stability: Automatic Stabilizers Work, Always and Everywhere
Debrun, Xavier; Kapoor, Radhicka
Equity and Fiscal Policy: The Income Distribution Effects of Taxation and Social Spending in Central America
Cubero, Rodrigo; Hollar, Ivanna Vladkova
Important Elements for Inflation Targeting for Emerging Economies
Freedman, Charles; Ötker, Inci
Managing the Exit: Lessons from Japan’s Reversal of Unconventional Monetary Policy
Syed, Murtaza H.; Yamaoka, Hiromi
Short-Versus Long-Term Credit and Economic Performance: Evidence from the WAEMU
Kpodar, Kangni; Gbenyo, Kodzo
Oil Windfalls in Ghana: A DSGE Approach
Dagher, Jihad; Gottschalk, Jan; Portillo, Rafael
Determinants of Investment Grade Status in Emerging Markets
The Linkage between the Oil and Non-oil Sectors--A Panel VAR Approach
ASEAN: A Chronicle of Shifting Trade Exposure and Regional Integration
Sovereign Spreads: Global Risk Aversion, Contagion or Fundamentals?
Caceres, Carlos; Guzzo, Vincenzo; Segoviano Basurto, Miguel A.
Fiscal Policy and the Current Account
Abbas, S. M. Ali; Bouhga-Hagbe, Jacques; Fatas, Antonio J.; Mauro, Paolo; Velloso, Ricardo
Recoveries in the Middle East, North Africa, and Pakistan: Have Macroeconomic Policies Been Effective?
Hakura, Dalia; Grigoli, Francesco
Fiscal Stimulus and Credibility in Emerging Countries
Kandil, Magda E.; Morsy, Hanan
International Transmission of Bank and Corporate Distress Chen, Qianying; Gray, Dale F.; N’Diaye, Papa M’B.P.; Oura, Hiroko; Tamirisa, Natalia T.
Dynamic Loan Loss Provisions in Uruguay: Properties, Shock Absorption Capacity and Simulations Using Alternative Formulas
Mining Taxation: An Application to Mali
Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis
The Potential Contribution of Fiscal Policy to Rebalancing and Growth in New Zealand
What Explains the Rise in Food Price Volatility?
Roache, Shaun K.
The Credit Boom in the EU New Member States: Bad Luck or Bad Policies?
Bakker, Bas Berend; Gulde, Anne Marie
U.S. Bank Behavior in the Wake of the 2007-2009 Financial Crisis
Barajas, Adolfo; Chami, Ralph; Cosimano, Thomas F.; Hakura,
FDI Flows to Low-Income Countries: Global Drivers and Growth Implications
Dabla-Norris, Era; Honda, Jiro; Lahréche-Révil, Amina; Verdier, Geneviéve
How Expensive is Norway? New International Relative Price Measures
Tulin, Volodymyr; Krajnyák, Kornélia
On the Optimal Adherence to Money Targets in a New-Keynesian Framework: An Application to Low-Income Countries
Berg, Andrew; Portillo, Rafael; Unsal, D. Filiz
Commodity Prices and Inflation in the Middle East, North Africa, and Central Asia
Banking Efficiency and Financial Development in Sub-Saharan Africa
In Search of Lost Revenue: Why Restoring Fiscal Soundness after a Crisis Is Harder than It Looks
Tax Revenue Downturns: Anatomy and Links to Imports
Li, Kun; Lopez Murphy, Pablo
Current Account Imbalances in the Southern Euro Area
Jaumotte, Florence; Sodsriwiboon, Piyaporn
Beyond Aid: How Much Should African Countries Pay to Borrow?
Gueye, Cheikh A.; Sy, Amadou N. R.
Fire Sales and the Financial Accelerator
Choi, Woon Gyu; Cook, David
Demand Spillovers and the Collapse of Trade in the Global Recession
Bems, Rudolfs; Johnson, Robert C.; Yi, Kei-Mu
Treasury Single Account: Concept, Design, and Implementation Issues
Pattanayak, Sailendra; Fainboim Yaker, Israel
Inflation Dynamics in Yemen: An Empirical Analysis
Can You Map Global Financial Stability?
Dattels, Peter; McCaughrin, Rebecca; Miyajima, Ken; Puig, Jaume
Resolution of Banking Crises: The Good, the Bad, and the
Laeven, Luc; Valencia, Fabian
Subnational Health Spending and Soft Budget Constraints in OECD Countries
Crivelli, Ernesto; Leive, Adam; Stratmann, Thomas No. 10/148
Balance Sheet Vulnerabilities of Mauritius During a Decade of Shocks
Imam, Patrick A.; Koehler, Rainer
Vietnam: Bayesian Estimation of Output Gap
Procyclicality in Central Bank Reserve Management: Evidence from the Crisis
Pihlman, Jukka; van der Hoorn, Han
Currency Hedging for International Portfolios
Schmittmann, Jochen M.
Monetary Policy Analysis and Forecasting in the Group of Twenty: A Panel Unobserved Components Approach
The Fundamental Determinants of Credit Default Risk for European Large Complex Financial Institutions
Ötker, Inci; Podpiera, Jiri
The Impact of Capital and Foreign Exchange Flows on the Competitiveness of Developing Countries
Bakardzhieva, Damyana; Ben Naceur, Sami; Kamar, Bassem
Automatic Stabilizers and the Size of Government: Correcting a Common Misunderstanding
Cottarelli, Carlo; Fedelino, Annalisa
Of Runes and Sagas: Perspectives on Liquidity Stress Testing Using an Iceland Example
Ong, Li L.; Cihák, Martin
Should African Monetary Unions Be Expanded? An Empirical Investigation of the Scope for Monetary Integration in Sub-Saharan Africa
Debrun, Xavier; Masson, Paul R.; Pattillo, Catherine A.
External Finance, Sudden Stops, and Financial Crisis: What is Different This Time?
Gulcin Ozkan, F.; Unsal, D. Filiz
Inflation and Conflict in Iraq: The Economics of Shortages Revisited
Grigorian, David A.; Kock, Udo
The Macroeconomics of Medium-Term Aid Scaling-Up Scenarios
Berg, Andrew; Gottschalk, Jan; Portillo, Rafael; Zanna, Luis-Felipe
World Food Prices and Monetary Policy
Catáo, Luis; Chang, Roberto
Exchange Rate Assessment for Sub-Saharan Economies
Budget Consolidation: Short-Term Pain and Long-Term Gain
Clinton, Kevin; Kumhof, Michael; Laxton, Douglas; Mursula, Susanna
Financial Innovation, the Discovery of Risk, and the U.S. Credit Crisis
Boz, Emine; Mendoza, Enrique G.
China’s Economic Growth: International Spillovers
Arora, Vivek B.; Vamvakidis, Athanasios
How Do International Financial Flows to Developing Countries Respond to Natural Disasters?
Local Housing Market Cycle and Loss Given Default: Evidence from Sub-Prime Residential Mortgages
Zhang, Yanan; Ji, Lu; Liu, Fei
Does Procyclical Fiscal Policy Reinforce Incentives to Dollarize Sovereign Debt?
Guscina, Anastasia; Ilyina, Anna; Kamil, Herman
Peru: Drivers of De-dollarization
The Dark Side of Bank Wholesale Funding
Huang, Rocco; Ratnovski, Lev
The Cross-Country Incidence of the Global Crisis
Lane, Philip R.; Milesi-Ferretti, Gian Maria
The (Sizable) Role of Rehypothecation in the Shadow Banking System
Singh, Manmohan; Aitken, James
Democracy and Reforms: Evidence from a New Dataset
Giuliano, Paola; Mishra, Prachi; Spilimbergo, Antonio
IMF Working Papers and other IMF publications can be downloaded in full-text format from the Research at the IMFwebsite: http://www.imf.org/research.