Abstract
IMF research summaries on Latin America’s external linkages (by Shaun Roache) and on reaping the benefits of structural reforms (by Stephen Tokarick); regional study on the Eastern Caribbean Currency Union (by Paul Cashin and Evridiki Tsounta); listing of visiting scholars at the IMF during March–April 2008; listing of contents of Vol. 55 No. 2 of IMF Staff Papers; listing of recent IMF Working Papers; listing of recent external publications by IMF staff; and a call for papers for the Jacques Polak Ninth Annual Research Conference.
No. 07/210
Why Has Unemployment in Algeria Been Higher than in MENA and Transition Countries
Kpodar, Kangni
No. 07/211
What Drives China’s Growing Role in Africa?
Wang, Jian-Ye
No. 07/212
Competitiveness in the CFA Franc Zone
Ramirez, Gustavo; Tsangarides, Charalambos G.
No. 07/213
Inter-Sectoral Linkages and Local Content in Extractive Industries and Beyond—The Case of São Tomé and Príncipe
Klueh, Ulrich H.; Pastor, Gonzalo C.; Segura, Alonso; Zarate, Walter
No. 07/214
The Shifting Structure of China’s Trade and Production
Cui, Li; Syed, Murtaza H.
No. 07/215
Bank Ownership, Market Structure and Risk
De Nicoló, Gianni; Loukoianova, Elena
No. 07/216
Banking Competition and Capital Ratios
Schaeck, Klaus; Cihák, Martin
No. 07/217
Optimal Monetary Policy in a Small Open Economy Under Segmented Asset Markets and Sticky Prices
Lama, Ruy; Medina Guzman, Juan Pablo
No. 07/218
Ethnic Diversity, Democracy, and Corruption
Yehoue, Etienne B.
No. 07/219
Political Budget Cycles in Papua New Guinea
Faal, Ebrima
No. 07/220
The Role of Fiscal Transparency in Sustaining Stability and Growth in Latin America
Parry, Taryn
No. 07/221
India: Asset Prices and the Macroeconomy
Purfield, Catriona
No. 07/222
Fiscal Management of Scaled-Up Aid
Gupta, Sanjeev; Schwartz, Gerd; Tareq, Shamsuddin; Allen, Richard; Adenauer, Isabell; Fletcher, Kevin; Last, Duncan
No. 07/223
Can Miracles Lead to Crises? The Role of Optimism in Emerging Markets Crises
Boz, Emine
No. 07/224
Wild or Tamed? India’s Potential Growth
Oura, Hiroko
No. 07/225
Sri Lanka’s Sources of Growth
Duma, Nombulelo
No. 07/226
The Health Sector in the Slovak Republic: Efficiency and Reform
Verhoeven, Marijn; Gunnarsson, Victoria; Lugaresi, Sergio
No. 07/227
Public Financial Institutions in Developed Countries -Organization and Oversight
Ratnovski, Lev; Narain, Aditya
No. 07/228
The Determinants of Corporate Risk in Emerging Markets: An Option-Adjusted Spread Analysis
Cavallo, Eduardo A.; Valenzuela, Patricio
No. 07/229
Capital Market Development in a Small Country: The Case of Slovenia
Andritzky, Jochen R.
No. 07/230
The Equity Premium Puzzle, Ambiguity Aversion, and Institutional Quality
Erbas, S. Nuri; Mirakhor, Abbas
No. 07/231
Overcoming Barriers to Reform: On Incentive-Compatible International Assistance
Mourmouras, Alex; Mayer, Wolfgang
No. 07/232
Fiscal Reaction Functions in the CFA Zone: An Analytical Perspective
Adedeji, Olumuyiwa; Williams, Oral
No. 07/233
Measuring Sovereign Risk in Turkey: An Application of the Contingent Claims Approach
Keller, Christian; Kunzel, Peter; Souto, Marcos
No. 07/234
Hedonic Imputation versus Time Dummy Hedonic Indexes
Diewert, W.E.; Heravi, Saeed; Silver, Mick
No. 07/235
Toward a Robust Fiscal Framework for Iceland: Motivation and Practical Suggestions
Annett, Anthony
No. 07/236
Vulnerabilities in Emerging Southeastern Europe—How Much Cause for Concern?
Sorsa, Piritta; Bakker, Bas Berend; Duenwald, Christoph; Maechler, Andrea M.; Tiffin, Andrew
No. 07/237
Sukuk vs. Eurobonds: Is There a Difference in Value-at-Risk?
Cakir, Selim; Raei, Faezeh
No. 07/238
How Does Financial Globalization Affect Risk Sharing? Patterns and Channels
Kose, M. Ayhan; Prasad, Eswar; Terrones, Marco
No. 07/239
Operational Risk—The Sting Is Still in the Tail but the Poison Depends on the Dose
Jobst, Andreas
No. 07/241
Alternative Fiscal Rules for Norway
Jafarov, Etibar; Leigh, Daniel
No. 07/242
A Markov-Switching Approach to Measuring Exchange Market Pressure
Kumah, Francis Y.
No. 07/243
Implications of Oil Inflows for Savings and Reserve Management in the CEMAC
Drummond, Paulo Flavio Nacif
No. 07/244
Finance and Convergence: What’s Ahead for Emerging Europe?
Bems, Rudolfs; Schellekens, Philip
No. 07/245
Financial Development in Emerging Europe: The Unfinished Agenda
Zoli, Edda
No. 07/246
Benchmarking the Efficiency of Public Expenditure in the Russian Federation
Hauner, David
No. 07/247
Policy Challenges of Population Aging in Ireland
Botman, Dennis P.J.; Iakova, Dora M.
No. 07/248
Decomposing Financial Risks and Vulnerabilities in Eastern Europe
Maechler, Andrea M.; Mitra, Srobona; Worrell, DeLisle
No. 07/249
GCC Monetary Union and the Degree of Macroeconomic Policy Coordination
Kamar, Bassem; Naceur, Samy Ben
No. 07/250
The Markets in Financial Instruments Directive: Banking on Market and Supervisory Efficiency
Haas, François
No. 07/251
Capital Account Liberalization and Risk Management in India
Sy, Amadou N.R.
No. 07/252
Why Focus on Spending Needs Factors? The Political Economy of Fiscal Transfer Reforms in Mexico
Ahmad, Ehtisham; González Anaya, José Antonio; Brosio, Giorgio; Garcia-Escribano, Mercedes; Lockwood, Ben; Revilla, Ernesto
No. 07/253
Optimal Taxation in the Forestry Sector in the Congo Basin: The Case of Gabon
Melhado, Oscar E.
No. 07/254
Consistent Quantitative Operational Risk Measurement and Regulation: Challenges of Model Specification, Data Collection, and Loss Reporting
Jobst, Andreas
No. 07/255
Mainstreaming Statistics in the Poverty Reduction Strategy Approach to Provide for More Effective Technical Assistance: Some Experience at the IMF
Kibuka, Robin D.
No. 07/256
Local Currency Debt Markets in the West African Economic and Monetary Union
Sy, Amadou N.R.
No. 07/257
Can Domestic Policies Influence Inflation?
Mody, Ashoka; Ohnsorge, Franziska
No. 07/258
The Duration of Capital Account Crises—An Empirical Analysis
Mecagni, Mauro; Atoyan, Ruben; Hofman, David; Tzanninis, Dimitri
No. 07/259
Strengths and Weaknesses in Securities Market Regulation: A Global Analysis
Carvajal, Ana; Elliott, Jennifer A.
No. 07/260
EU Framework for Safeguarding Financial Stability: Towards an Analytical Benchmark for Assessing its Effectiveness
Nieto, María; Schinasi, Garry J.
No. 07/261
Effect of IMF Structural Adjustment Programs on Expectations: The Case of Transition Economies
Imam, Patrick A.
No. 07/262
Financial Linkages Between the U.S. and Latin America: Evidence from Daily Data
Benelli, Roberto; Ganguly, Srideep
No. 07/263
Education and Health in G7 Countries: Achieving Better Outcomes with Less Spending
Verhoeven, Marijn; Gunnarsson, Victoria; Carcillo, Stéphane
No. 07/264
The Use of Encompassing Tests for Forecast Combinations
Kisinbay, Turgut
No. 07/265
The Optimal Level of Foreign Reserves in Financially Dollarized Economies: The Case of Uruguay
Gonçalves, Fernando M.
No. 07/266
China’s Changing Trade Elasticities
Aziz, Jahangir; Li, Xiangming
No. 07/267
Estimating Spillover Risk Among Large EU Banks
Cihák, Martin; Ong, Li L.
No. 07/268
What Explains India’s Real Appreciation?
Kohli, Renu; Mohapatra, Sudip
No. 07/269
Is Inflation in India an Attractor of Inflation in Nepal?
Ginting, Edimon
No. 07/270
Effect of Corruption on Tax Revenues in the Middle East
Imam, Patrick A.; Jacobs, Davina F.
Visiting Scholars, March–April 2008
Jaromir Benes; Reserve Bank of New Zealand; 3/20/08–4/30/08
Ricardo Caballero; Massachusetts Institute of Technology; 3/3/08; 3/10/08–4/30/08
Ehsan Choudhri; Carleton University, Canada; 4/21/08–4/25/08
Daniel Cohen; Université de Paris; 4/14/08–4/18/08
Svetlana Demidova; University of Georgia; 4/1/08–4/4/08
Michael Devereux; University of British Columbia; 4/7/08–4/30/08
Charles Engel; University of Wisconsin; 3/17/08–3/20/08
Hideaki Hirata; Hosei University, Japan; 3/31/08–4/30/08
Harry Huizinga; Tilburg University, The Netherlands; 3/17/08–3/28/08
Matteo Iacoviello; Boston College; 2/13/08–4/30/08
Takatoshi Ito; University of Tokyo; 4/14/08–4/30/08
Michel Juillard; 3/10/08–3/19/08
Sunghyun Henry Kim; Tufts University; 4/7/08–4/30/08
Asli Leblebicioglu; North Carolina State University; 4/14/08–4/30/08
Robert Marquez; Arizona State University; 4/16/08–4/22/08
Christopher Otrok; University of Virginia; 3/24/08–4/21/08
Peter Pedroni; Williams College; 3/17/08–3/28/08; 4/21/08–4/30/08
James Rauch; University of California, San Diego; 4/8/08–4/10/08
Werner Roeger; European Commission; 3/9/08–3/22/08
Krislert Samphantharak; University of California, San Diego; 4/15/08–4/18/08
Necati Tekatli; Universidad Autonoma de Barcelona; 4/16/08–4/25/08
Maria Toyoda; Villanova University; 11/1/07–4/30/08
Stephen Turnovsky; University of Washington; 4/21/08–4/25/08
Hulya Ulku; University of Manchester, UK; 4/16/08–4/28/08
Kenneth West;; 3/10/08–4/30/08
Kamil Yilmaz; Koc University, Turkey; 4/16/08–4/25/08
Susan (Chun) Zhu; Michigan State University; 3/10/08–3/14/08