Back Matter

Back Matter

International Monetary Fund. Western Hemisphere Dept.
Published Date:
May 2015
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Lista de abreviaturas de los países

Antigua y BarbudaATG
Costa RicaCRI
El SalvadorSLV
Estados UnidosUSA
República DominicanaDOM
Saint Kitts y NevisKNA
Santa LucíaLCA
San Vicente y las GranadinasVCT
Trinidad y TobagoTTO

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Publicaciones recientes del Departamento del Hemisferio Occidental, abril de 2014–marzo de 2015

IMF Working Papers


Does Demand Volatility Lower Growth and Raise Inflation? Evidence from the Caribbean

Magda Kandil


Central Bank Financial Strength in Central America and the Dominican Republic

Florencia Frantischek, Przemek Gajdeczka, Alexander Herman y Andrew Swiston


Labor Market Issues in the Caribbean: Scope to Mobilize Employment Growth

Magda Kandil, Qiaoe Chen, Xin Li, Genevieve Lindow, Mario Mansilla, Joel Okwuokei, Marika Santoro, Jochen Schmittmann y Solomon Stavis


Does Modeling Appropriate Fiscal Targets and Optimal Consolidation Paths for Resource-Rich Countries: The Case of Suriname

Daniel Kanda y Mario Mansilla


What Is Behind Latin America’s Declining Income Inequality?

Evridiki Tsounta y Anayochukwu Osueke


Debt, Growth and Natural Disasters: A Caribbean Trilogy

Sebastián Acevedo


After the Boom–Commodity Prices and Economic Growth in Latin America and the Caribbean

Bertrand Gruss


Measuring External Risks for Peru: Insights from a Macroeconomic Model for a Small Open and Partially Dollarized Economy

Fei Han


Determinants of Banks’ Net Interest Margins in Honduras

Koffie Ben Nassar, Edder Martínez y Anabel Pineda


Financial Inclusion, Growth and Inequality: A Model Application to Colombia

Izabela Karpowicz


News and Monetary Shocks at a High Frequency: A Simple Approach

Troy Matheson y Emil Stavrev


World Saving

Francesco Grigoli, Alexander Herman y Klaus Schmidt-Hebbel


Motives and Effectiveness of Forex Interventions: Evidence from Peru

Melesse Tashu


Corporate Financing Trends and Balance Sheet Risks in Latin America: Taking Stock of the Bon(d)anza

Fabiano Rodrigues Bastos, Herman Kamil y Bennett Sutton


Governments’ Payment Discipline: The Macroeconomic Impact of Public Payment Delays and Arrears

Cristina Checherita-Westphal, Alexander Klemm y Paul Viefers


Output Gap Uncertainty and Real-Time Monetary Policy

Francesco Grigoli, Alexander Herman, Andrew Swiston y Gabriel Di Bella


Drivers of Peru’s Equilibrium Real Exchange Rate: Is the Nuevo Sol a Commodity Currency?

Melesse Tashu


Energy Subsidies in Latin America and the Caribbean: Stocktaking and Policy Challenges

Gabriel Di Bella, Lawrence Norton, Joseph Ntamatungiro, Sumiko Ogawa, Issouf Samake y Marika Santoro


Made in Mexico: Energy Reform and Manufacturing Growth

Jorge Álvarez y Fabián Valencia


Investing in Emerging Markets: We Are Not in Kansas Anymore… Or Are We?

Nicolás Magud y Sebastián Sosa

Selected Issues Papers


  • Where Do We Stand on Efforts to Strengthen Belize’s Financial Sector?

    Jacques Bouhga-Hagbe, Joel Okwuokei y Kristine Vitola

  • Belize—Toward a Fiscally Sustainable Wage Negotiation Framework

    Jacques Bouhga-Hagbe y Marcio Ronci


  • Canada’s Non-Energy Exports: Assessment of Post-Crisis Growth Performance

    Minsuk Kim

  • Neutral Rate of Interest in a Small Open Economy: The Case of Canada

    Andrea Pescatori

  • Anchoring Sustainable Fiscal Policy: A New Fiscal Rule in Canada

    Tidiane Kinda


  • Why Foreign Ownership of Locally Issued Sovereign Bonds is So Low in Chile

    Yi Wu

  • Chile’s Experience with Inclusive Growth

    Elif Ture

  • Chile’s Tax System and the 2014 Tax Reform

    Daniel Rodríguez-Delgado y Roberto Schatan

  • Chilean Banks’ Loan to Deposits Ratio

    Nicolás Arregui

  • Chile’s Insurance Sector

    Nicolás Arregui


  • Assessing Spillover Risks

    Pablo Morra, Mauricio Ruiz, Carlos Goes y Eugenio Cerutti

  • Colombia’s Fiscal Rule and Adjustment in the Context of Resource Wealth

    Leonardo Martínez y Martín Wachs

  • Recent Performance of Colombia’s Manufacturing Sector: Exchange Rate or Structural?

    Naomi Griffin, en colaboración con la Superintendencia de Sociedades de Colombia

  • Selected Financial Sector Issues

    Izabela Karpowicz y Mohamed Norat

  • Financial Inclusion, Growth, and Inequality: A Model Application to Colombia

    Izabela Karpowicz

Costa Rica

  • Selected Real Sector Issues

    Patrick Blagrave, José Pablo Valdés y Joyce Wong

  • Cross-Border Linkages and Spillovers

    Patrick Blagrave, Eugenio Cerutti, Ewa Gradzka, Anna Ivanova, Rodrigo Mariscal y Jaume Puig-Forné

  • Assessing Fiscal Vulnerability and Medium-Term Sustainability

    Jaume Puig-Forné, Lennart Erickson y Anna Ivanova.

  • The Central Bank’s Net Worth

    Jorge Restrepo y Evelyn Muñoz

  • Monetary Policy and Inflation

    Rodrigo Mariscal, Anna Ivanova y Joyce Wong

  • Transition to a Flexible Exchange Rate: Lessons from Past Experience

    Lennart Erickson, Anna Ivanova y Jorge Restrepo

  • Financial Sector Issues

    Anna Ivanova, Jaume Puig-Forné y Jorge Resrepo

El Salvador

  • Assessing Potential Output

    Iulia Teodoru

  • Fostering Diversification and Integration

    Iulia Teodoru

  • Investment Drivers in Central America: An Application to El Salvador

    Joyce Wong y Heba Hany

Estados Unidos

  • Recent U.S. Labor Participation Dynamics: Reversible or Not?

    Ravi Balakrishnan, Mai Dao, Juan Solé y Jeremy Zook

  • U.S. Total Factor Productivity Slowdown: Evidence from the United States

    Roberto Cardarelli y Lusine Lusinyan

  • Monetary Policy Communication and Forward Guidance

    Tim Mahedy, Jarkko Turunen y Niklas Westelius

  • The Operational Framework for Monetary Policy

    Darryl King y Simon Gray

  • Fiscal Risks and Borrowing Costs in State and Local Governments

    Madelyn Estrada, Deniz Igan y Dinah Knight.


  • Assessing Potential Output

    Iulia Teodoru

  • Cross-Border Linkages and Spillovers

    Eugenio Cerutti, Ewa Gradzka, Anna Ivanova, Rodrigo Mariscal y Jaume Puig-Forné

  • The Effect of U.S. Tapering

    Patrick Blagrave, Anna Ivanova, Keiko Honjo y Jaume Puig-Forné

  • Fiscal Sustainability Assessment

    Lennart Erickson

  • Monetary Policy Stance

    Jaume Puig-Forné


  • The Impact of Mexico’s Energy Reform on Hydrocarbons Production

    Phil De Imus

  • Made in Mexico: The Energy Reform and Manufacturing Output

    Fabián Valencia y Jorge Álvarez

  • Capital Flow Volatility and Investor Behaviour In Mexico

    Jianping Zhou, Han Fei y Jasmine Xiao


  • Global and Regional Spillovers: How Important for Paraguay?

    Xin Xu

  • Debt Sustainability, Cyclical Stabilization, and the Fiscal Responsibility Law—A Simulation Exercise

    Alejandro Guerson

  • Informality in Paraguay: Macro-Micro Evidence and Policy Implications

    Mauricio Vargas

  • Financial Deepening, Growth, and Inequality

    Camila Pérez


  • Modeling Demand Responses to Policies and Shocks: An Application to Suriname

    Kalin Tintchev

  • Fostering Sustainable and Inclusive Growth in Suriname

    Kalin Tintchev

  • What Does Ms. Muffet Tell us About the Macro-Financial Situation in Suriname?

    Qiaoe Chen

  • Fiscal Sustainability and Aging Pressures in Suriname

    Hye Sun (Marie) Kim


  • Inclusive Growth: The Tale of Uruguay

    Elif Ture

  • How Will the Normalization of U.S. Monetary Policy Affect Uruguay?

    Diva Singh y Yulia Ustyugova

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