In this issue, authors from the IMF and from Argentine institutions team up to review how different banks behaved and were hurt during the country's crisis. Atsushi Iimi looks at how countries can escape from the resource curse in a comparative analysis that focuses on Botswana. John Cady and Jesus Gonzalez-Garcia examine the relationship between exchange rate volatility and the transparency of reserves. The issue also includes a comprehensive index of all Volume 54 papers by author, title, subject, and JEL classification.

Abstract

In this issue, authors from the IMF and from Argentine institutions team up to review how different banks behaved and were hurt during the country's crisis. Atsushi Iimi looks at how countries can escape from the resource curse in a comparative analysis that focuses on Botswana. John Cady and Jesus Gonzalez-Garcia examine the relationship between exchange rate volatility and the transparency of reserves. The issue also includes a comprehensive index of all Volume 54 papers by author, title, subject, and JEL classification.

Volume 54 (2007) comprises four regular issues, as follows:

No. 1, 1–190

No. 2, 191–417

No. 3, 419–619

No. 4, 621–766

Authors

Aisen, Ari. Money-Based vs. Exchange-Rate-Based Stabilization: Is There Room for Political Opportunism? 385

Amiti, Mary, and John Romalis. Will the Doha Round Lead to Preference Erosion? 338

Barajas, Adolfo, Emiliano Basco, V. Hugo Juan-Ramón, and Carlos Quarracino. Banks During the Argentine Crisis: Were They All Hurt Equally? Did They All Behave Equally? 621

Basco, Emiliano, Adolfo Barajas, V. Hugo Juan-Ramón, and Carlos Quarracino. Banks During the Argentine Crisis: Were They All Hurt Equally? Did They All Behave Equally? 621

Berger, Helge, and Stephan Danninger. The Employment Effects of Labor and Product Market Deregulation and Their Implications for Structural Reform 591

Blanchard, Olivier. Current Account Deficits in Rich Countries 191

Bonato, Leo, and Lusine Lusinyan. Work Absence in Europe 475

Bulíř, Aleš, and A. Javier Hamann. Volatility of Development Aid: An Update 727

Cady, John, and Jesus Gonzalez-Garcia. Exchange Rate Volatility and Reserves Transparency 741

Chamon, Marco, Paolo Manasse, and Alessandro Prati. Can We Predict the Next Capital Account Crisis? 270

Coe, David T., Arvind Subramanian, and Natalia T. Tamirisa. The Missing Globalization Puzzle: Evidence of the Declining Importance of Distance 34

Cordella, Tito, and Hulya Ulku. Grants vs. Loans 139

Danninger, Stephan, and Helge Berger. The Employment Effects of Labor and Product Market Deregulation and Their Implications for Structural Reform 591

Estevão, Marcello. Labor Policies to Raise Employment 113

Evans, Martin D.D., and Viktoria V. Hnatkovska. International Financial Integration and the Real Economy 220

Gonzalez-Garcia, Jesus, and John Cady. Exchange Rate Volatility and Reserves Transparency 741

Hamann, A. Javier, and Aleš Bulíř. Volatility of Development Aid: An Update 727

Hnatkovska, Viktoria V., and Martin D.D. Evans. International Financial Integration and the Real Economy 220

Iimi, Atsushi. Escaping from the Resource Curse: Evidence from Botswana and the Rest of the World 663

Ize, Alain. Spending Seigniorage: Do Central Banks Have a Governance Problem? 563

Juan-Ramón, V. Hugo, Adolfo Barajas, Emiliano Basco, and Carlos Quarracino. Banks During the Argentine Crisis: Were They All Hurt Equally? Did They All Behave Equally? 621

Klyuev, Vladimir, and Paul Mills. Is Housing Wealth an “ATM”? The Relationship between Household Wealth, Home Equity Withdrawal, and Saving Rates 539

Kovanen, Arto. Price Variability Under Price Level Stability—A Study of Sierra Leone’s Price Dynamics Using Micro-Level Price Data 701

Kumah, Francis Y., and John M. Matovu. Commodity Price Shocks and the Odds on Fiscal Performance: A Structural Vector Autoregression Approach 91

Lusinyan, Lusine, and Leo Bonato. Work Absence in Europe 475

Manasse, Paolo. Deficit Limits and Fiscal Rules for Dummies 455

Manasse, Paolo, Marco Chamon, and Alessandro Prati. Can We Predict the Next Capital Account Crisis? 270

Matovu, John M., and Francis Y. Kumah. Commodity Price Shocks and the Odds on Fiscal Performance: A Structural Vector Autoregression Approach 91

Mills, Paul, and Vladimir Klyuev. Is Housing Wealth an “ATM”? The Relationship between Household Wealth, Home Equity Withdrawal, and Saving Rates 539

Mourmouras, Alex, and Peter Rangazas. Foreign Aid Policy and Sources of Poverty: A Quantitative Framework 59

Pescatori, Andrea, and Amadou N.R. Sy. Are Debt Crises Adequately Defined? 306

Prati, Alessandro, Marco Chamon, and Paolo Manasse Can We Predict the Next Capital Account Crisis? 270

Quarracino, Carlos, Adolfo Barajas, Emiliano Basco, and V. Hugo Juan-Ramón. Banks During the Argentine Crisis: Were They All Hurt Equally? Did They All Behave Equally? 621

Rangazas, Peter, and Alex Mourmouras. Foreign Aid Policy and Sources of Poverty: A Quantitative Framework 59

Romalis, John, and Mary Amiti. Will the Doha Round Lead to Preference Erosion? 338

Satyanath, Shanker, and Arvind Subramanian. The Political Economy of Nominal Macroeconomic Pathologies 419

Silver, Mick. Core Inflation: Measurement and Statistical Issues in Choosing Among Alternative Measures 163

Subramanian, Arvind, David T. Coe, and Natalia T. Tamirisa. The Missing Globalization Puzzle: Evidence of the Declining Importance of Distance 34

Subramanian, Arvind, and Shanker Satyanath. The Political Economy of Nominal Macroeconomic Pathologies 419

Sy, Amadou N.R., and Andrea Pescatori. Are Debt Crises Adequately Defined? 306

Tamirisa, Natalia T., David T. Coe, and Arvind Subramanian. The Missing Globalization Puzzle: Evidence of the Declining Importance of Distance 34

Timmerman, Allan. An Evaluation of the World Economic Outlook Forecasts 1

Ulku, Hulya, and Tito Cordella. Grants vs. Loans 139

Titles

Are Debt Crises Adequately Defined? By Andrea Pescatori and Amadou N.R. Sy 306

Banks During the Argentine Crisis: Were They All Hurt Equally? Did They All Behave Equally? By Adolfo Barajas, Emiliano Basco, V. Hugo Juan-Ramón, and Carlos Quarracino 621

Can We Predict the Next Capital Account Crisis? By Marco Chamon, Paolo Manasse, and Alessandro Prati 270

Commodity Price Shocks and the Odds on Fiscal Performance: A Structural Vector Autoregression Approach. By Francis Y. Kumah and John M. Matovu 91

Core Inflation: Measurement and Statistical Issues in Choosing Among Alternative Measures. By Mick Silver 163

Current Account Deficits in Rich Countries. By Olivier Blanchard 191

Deficit Limits and Fiscal Rules for Dummies. By Paolo Manasse 455

Escaping from the Resource Curse: Evidence from Botswana and the Rest of the World. By Atsushi Iimi 663

The Employment Effects of Labor and Product Market Deregulation and Their Implications for Structural Reform. By Helge Berger and Stephan Danninger 591

An Evaluation of the World Economic Outlook Forecasts. By Allan Timmerman 1

Exchange Rate Volatility and Reserves Transparency. By John Cady and Jesus Gonzalez-Garcia 741

Foreign Aid Policy and Sources of Poverty: A Quantitative Framework. By Alex Mourmouras and Peter Rangazas 59

Grants vs. Loans. By Tito Cordella and Hulya Ulku 139

International Financial Integration and the Real Economy. By Martin D.D. Evans and Viktoria V. Hnatkovska 220

Is Housing Wealth an “ATM”? The Relationship between Household Wealth, Home Equity Withdrawal, and Saving Rates. By Vladimir Klyuev and Paul Mills 539

Labor Policies to Raise Employment. By Marcello Estevão 113

The Missing Globalization Puzzle: Evidence of the Declining Importance of Distance. By David T. Coe, Arvind Subramanian, and Natalia T. Tamirisa 34

Money-Based vs. Exchange-Rate-Based Stabilization: Is There Room for Political Opportunism? By Ari Aisen 385

The Political Economy of Nominal Macroeconomic Pathologies. By Shanker Satyanath and Arvind Subramanian 419

Price Variability Under Price Level Stability—A Study of Sierra Leone’s Price Dynamics Using Micro-Level Price Data. By Arto Kovanen 701

Spending Seigniorage: Do Central Banks Have a Governance Problem? By Alain Ize 563

Spending Seigniorage: Do Central Banks Have a Governance Problem? By Alain Ize 563

Volatility of Development Aid: An Update. By Aleš; Bulíř and A. Javier Hamann 727

Will the Doha Round Lead to Preference Erosion? By Mary Amiti and John Romalis 338

Subjects

To facilitate electronic storage and retrieval of bibliographic data, IMF Staff Papers has adopted the subject classification scheme of the Journal of Economic Literature (Nashville, Tennessee).

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