Abstract
The IMF Research Bulletin, a quarterly publication, selectively summarizes research and analytical work done by various departments at the IMF, and also provides a listing of research documents and other research-related activities, including conferences and seminars. The Bulletin is intended to serve as a summary guide to research done at the IMF on various topics, and to provide a better perspective on the analytical underpinnings of the IMF’s operational work.
January 2003–March 2004
Journal Articles
Arora, Vivek; Vamvakidis, Athanasios
The Impact of U.S. Economic Growth on the Rest of the World: How Much Does It Matter?
Journal of Economic Integration
Bartolini, Leonardo; Bertola, Giuseppe; Prati, Alessandro
The Overnight Interbank Market: Evidence from the G-7 and the Euro Zone
Journal of Banking and Finance
Borensztein, Eduardo; Gelos, Gaston R.
Leaders and Followers: Emerging Market Fund Behavior During Tranquil and Turbulent Times
Emerging Markets Review
Bulír, Aleš
Can Price Incentive to Smuggle Explain the Contraction of Cocoa Supply in Ghana?
Journal of African Economies
Bulír, Aleš; Brixiova, Zuzana
Growth Slowdown Under Central Planning: A Model of Poor Incentives
Economic Systems
Chan-Lau, Jorge
Corporate Restructuring in Japan
Capco Institute Journal of Financial Transformation
Chan-Lau, Jorge; Ivaschenko, Iryna
Asian Flu or Wall Street Virus? Price and Volatility Spillovers of the Tech and Non-Tech Sectors in the United States and Asia
Journal of Multinational Financial Management
Chinn, Menzie; Prasad, Eswar S.
Medium-Term Determinants of Current Accounts in Industrial and Developing Countries: An Empirical Exploration
Journal of International Economics
Choi, Woon Gyu; Oh, Seonghwan
The Money Demand Function with Output Uncertainty, Monetary Uncertainty, and Financial Innovations
Journal of Money, Credit, and Banking
Cubeddu, Luis; Ríos-Rull, José-Victor
Families as Shocks
Journal of the European Economic Association
Debrun, Xavier; Masson, Paul; Pattillo, Catherine
West African Currency Unions: Rationale and Sustainability
CESifo Economic Studies
Dippelsman, Robert J.; Mashle, Nils Ø.
Treatment of Mobile Phone Licenses in the National Accounts
The Review of Income and Wealth
Faruqee, Hamid
Debt, Deficits, and Age-Specific Mortality
Review of Economic Dynamics
Faruqee, Ham id; Mühleisen, Martin
Population Aging in Japan: Demographic Shock and Fiscal Sustainability
Japan and the World Economy
Gelos, Gaston R.
Foreign Currency Debt in Emerging Markets: Firm-Level Evidence from Mexico
Economics Letters
Horváth, Balázs; Szekely, Istvan
The Role of Medium-Term Fiscal Frameworks for Transition Economies—The Case of Bulgaria
Emerging Markets Finance and Trade
Kandil, Magda Elsayed
Exchange Rate Fluctuations and Economic Activity in Developing Countries: Theory and Evidence
Journal of Economic Development
Kandil, Magda Elsayed; Fahmy, Yasser
The Fisher Effect: New Evidence and Implications
International Review of Economics and Finance
Kock, Udo
Social Benefits and the Flow Approach to the Labor Market
Tijdschrifi voor Politieke Economie
Kose, M. Ayhan; Prasad, Eswar; Terrones, Marco
How Does Globalization Affect the Synchronization of Business Cycles?
American Economic Review, Papers and Proceedings
Lumsdaine, Robin; Prasad, Eswar
Identifying the Common Component in International Economic Fluctuations: A New Approach
The Economic Journal
Pascual, Antonio G.; Cheung, Yin-Wong
Testing for Output Convergence: A Re-Examination
Oxford Economic Papers
Prati, Alessandro; Bartolini, Leonardo
The Execution of Monetary Policy: A Tale of Two Central Banks
Economic Policy
Spilimbergo, Antonio; Vamvakidis, Athanasios
Real Effective Exchange Rate and the Constant Elasticity of Substitution Assumption
Journal of International Economics
Unteroberdoerster, Olaf
Trade Policy and Environmental Regulation in the Asia-Pacific: A Simulation
The World Economy
Other External Publications
(Books, Chapters in Books, and Conference Volumes)
Beetsma, Roel; Debrun, Xavier
The Interaction Between Monetary and Fiscal Policies in a Monetary Union: A Review of Recent Literature
Monetary Policy, Fiscal Policies, and Labor Markets: Macroeconomic Policy Making in the EMU
(Cambridge University Press)
den Butter, Frank; Kock, Udo
Social Security, Economic Growth, and Poverty
New Social Policy Agenda for Europe and Asia, ed. by K. Marshall and O. Butzbach
(World Bank)
Keane, Michael; Prasad, Eswar S.
Redistribution and Growth in the Policy Transition: An Analysis from Political Economy and New Growth Theory Perspectives
Growth and Inequality: Issues and Policy Implications, ed. by Theo Eicher and Stephen Turnovsky
(MIT Press)
Prasad, Eswar S.
What Determines the Reservation Wages of Unemployed Workers? New Evidence from German Micro Data
Institutions and Wage Formation in the New Europe, ed. by Gabriel Pagan, Francesco Mongelli, and Julian Morgan
(Edward Elgar)
A full and updated listing of external publications of IMF staff (from 1997 onward), including forthcoming publications, can be found in a searchable database at the Research at the IMF website at http://www.imf.org/research.