Volume/Issue: 2015/203
Series: IMF Working Papers
Author(s):
Sami Ben Naceur
,
Amr Hosny
, and
Gregory Hadjian
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
23
September
2015
DOI: http://dx.doi.org/10.5089/9781513507279.001
ISBN: 9781513507279
Dollarization rates in the Caucasus and Central Asia (CCA) region are among the highest in the world, with adverse consequences for macroeconomic stability, monetary policy transmission, and financial sector develo...
Volume/Issue: 2015/77
Series: IMF Working Papers
Author(s):
Nicolas Magud
, and
Sebastian Sosa
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
April
2015
DOI: http://dx.doi.org/10.5089/9781475534221.001
ISBN: 9781475534221
We document that (i) although private investment growth in emerging markets has decelerated in recent years, it came down from cyclical highs and remains close to pre-crisis trends; and (ii) investment-to-output ra...
Volume/Issue: 2014/161
Series: IMF Working Papers
Author(s):
Fei Han
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
02
September
2014
DOI: http://dx.doi.org/10.5089/9781498327220.001
ISBN: 9781498327220
This paper quantifies the effects of external risks for Peru, with particular attention to two major external risks, China's investment slowdown and the U.S. monetary policy tightening. In particular, a macroeconom...
Volume/Issue: 2011/221
Series: IMF Working Papers
Author(s):
Salvatore Dell'Erba
,
Emanuele Baldacci
, and
Tigran Poghosyan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
September
2011
DOI: http://dx.doi.org/10.5089/9781463904234.001
ISBN: 9781463904234
We use novel spatial econometrics techniques to explore spillovers in the sovereign bond market for 24 emerging economies during 1995-2010. The paper extends the previous literature focusing on spillover effects fr...
Volume/Issue: 2009/29
Series: IMF Working Papers
Author(s):
Christoph Trebesch
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2009
DOI: http://dx.doi.org/10.5089/9781451871760.001
ISBN: 9781451871760
This paper proposes a new empirical measure of cooperative versus conflictual crisis resolution following sovereign default and debt distress. The index of government coerciveness is presented as a proxy for excusa...
Volume/Issue: 2011/131
Series: IMF Working Papers
Author(s):
Mauricio Moura
,
Caio Piza
, and
Marcos Poplawski-Ribeiro
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2011
DOI: http://dx.doi.org/10.5089/9781455259366.001
ISBN: 9781455259366
This paper studies the effects of property-titling on labor supply. The role of legal ownership security is isolated by comparing the effect that being part of, or excluded from, a land title program in a unique qu...