Volume/Issue: 1997/9
Series: IMF Working Papers
Author(s):
Alexander Hoffmaister
, and
Jorge Roldos
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
January
1997
ISBN: 9781451927313
This paper compares business cycles in Asia and in Latin America using structural vector autoregression analysis with panel data. The evidence for countries in these regions suggests that (i) the main source of out...
Volume/Issue: 2011/133
Series: IMF Working Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2011
ISBN: 9781455259380
This paper examines how durable goods and financial frictions shape the business cycle of a small open economy subject to shocks to trend and transitory shocks. In the data, nondurable consumption is not as volatil...
Volume/Issue: 2015/243
Series: IMF Working Papers
Author(s):
Davide Furceri
, and
Prakash Loungani
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
November
2015
ISBN: 9781513531083
This paper examines the distributional impact of capital account liberalization. Using panel data for 149 countries from 1970 to 2010, we find that, on average, capital account liberalization reforms increase inequ...
Volume/Issue: 1992/58
Series: IMF Working Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
August
1992
ISBN: 9781451966480
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, inclu...
Volume/Issue: 2012/65
Series: IMF Working Papers
Author(s):
Davide Furceri
,
Lorenzo E. Bernal-Verdugo
, and
Dominique Guillaume
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
March
2012
ISBN: 9781463938420
Using a sample of 97 countries spanning the period 1980?2008, we estimate that financial crises have a large negative impact on unemployment in the short term, but that this effect rapidly disappears in the medium...
Volume/Issue: 2001/173
Series: IMF Working Papers
Author(s):
Mehmet Agça
, and
Peter Allum
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
November
2001
ISBN: 9781451858631
Despite initial improvements in macroeconomic data dissemination following the emerging markets crises of the late-1990s, large differences among countries remain. To identify the factors behind such differences, t...
Volume/Issue: 2006/189
Series: IMF Working Papers
Author(s):
Ayhan Kose
,
Eswar Prasad
,
Kenneth Rogoff
, and
Shang-Jin Wei
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
August
2006
ISBN: 9781451864496
The literature on the benefits and costs of financial globalization for developing countries has exploded in recent years, but along many disparate channels and with a variety of apparently conflicting results. For...
Volume/Issue: 2006/18
Series: IMF Working Papers
Author(s):
Enrica Detragiache
,
Poonam Gupta
, and
Thierry Tressel
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
January
2006
ISBN: 9781451862782
We study how foreign bank penetration affects financial sector development in poor countries. A theoretical model shows that when foreign banks are better at monitoring highend customers than domestic banks, their...
Volume/Issue: 1997/9
Series: IMF Working Papers
Author(s):
Alexander Hoffmaister
, and
Jorge Roldos
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
January
1997
DOI: http://dx.doi.org/10.5089/9781451927313.001
ISBN: 9781451927313
This paper compares business cycles in Asia and in Latin America using structural vector autoregression analysis with panel data. The evidence for countries in these regions suggests that (i) the main source of out...
Volume/Issue: 2015/243
Series: IMF Working Papers
Author(s):
Davide Furceri
, and
Prakash Loungani
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
24
November
2015
DOI: http://dx.doi.org/10.5089/9781513531083.001
ISBN: 9781513531083
This paper examines the distributional impact of capital account liberalization. Using panel data for 149 countries from 1970 to 2010, we find that, on average, capital account liberalization reforms increase inequ...