Abstract
Research summaries on (1) measuring inflation, and (2) strengthening Poverty Reduction and Growth Facility (PRGF) programs through poverty and social impact analysis (PSIA); country study on Spain; listing of contents of Vol. 53, Special Issue of IMF Staff Papers, summary of recently published IMF book entitled "IMF-Supported Programs: Recent Staff Research"; listings of recent external publications by IMF staff members, IMF Working Papers, and visiting scholars at the IMF during January-August 2006.
2006
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 http://www.imf.org/research.
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