Volume/Issue: 2016/233
Series: IMF Working Papers
Author(s):
Vitor Gaspar
,
Laura Jaramillo
, and
Philippe Wingender
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
02
December
2016
DOI: http://dx.doi.org/10.5089/9781475558142.001
ISBN: 9781475558142
An empirical finding by Gaspar, Jaramillo and Wingender (2016) shows that once countries cross a tax-to-GDP threshold of around 12¾ percent, real GDP per capita increases sharply and in a sustained manner over the...
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: 2014/205
Series: IMF Working Papers
Author(s):
Evridiki Tsounta
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
November
2014
DOI: http://dx.doi.org/10.5089/9781498304719.001
ISBN: 9781498304719
Following very strong growth during the period 2000-12, emerging market economies (EMEs) experienced a slowdown in the last couple of years. This paper examines the supply-side drivers of the strong growth performa...
Volume/Issue: 2014/35
Series: IMF Working Papers
Author(s):
Oumar Diallo
, and
Sampawende Tapsoba
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
February
2014
DOI: http://dx.doi.org/10.5089/9781484306598.001
ISBN: 9781484306598
This paper assesses the extent to which Sub-Saharan Africa (SSA)'s business cycle is synchronized with that of the rest of the world (RoW). Findings suggest that SSA's business cycle has not only moved in the same...
Volume/Issue: 2013/272
Series: IMF Working Papers
Author(s):
Steven Phillips
,
Luis Catão
,
Luca Ricci
,
Rudolfs Bems
,
Mitali Das
,
Julian Di Giovanni
,
Filiz Unsal
,
Marola Castillo
,
Jungjin Lee
,
Jair Rodriguez
, and
Mauricio Vargas
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
31
December
2013
DOI: http://dx.doi.org/10.5089/9781484346686.001
ISBN: 9781484346686
The External Balance Assessment (EBA) methodology has been developed by the IMF's Research Department as a successor to the CGER methodology for assessing current accounts and exchange rates in a multilaterally con...
Volume/Issue: 2013/180
Series: IMF Working Papers
Author(s):
Rabah Arezki
,
Kaddour Hadri
,
Prakash Loungani
, and
Yao Rao
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
August
2013
DOI: http://dx.doi.org/10.5089/9781484341155.001
ISBN: 9781484341155
In this paper, we re-examine two important aspects of the dynamics of relative primary commodity prices, namely the secular trend and the short run volatility. To do so, we employ 25 series, some of them starting a...
Volume/Issue: 2013/176
Series: IMF Working Papers
Author(s):
Era Dabla-Norris
,
Alun Thomas
,
Rodrigo Garcia-Verdu
, and
Yingyuan Chen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
31
July
2013
DOI: http://dx.doi.org/10.5089/9781484359662.001
ISBN: 9781484359662
This paper documents stylized facts on the process of structural transformation around the world and empirically analyzes its determinants using data on real value added by sector of economic activity (agriculture,...
Volume/Issue: 2013/108
Series: IMF Working Papers
Author(s):
Christian Henn
,
Chris Papageorgiou
, and
Nicola Spatafora
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
15
May
2013
DOI: http://dx.doi.org/10.5089/9781484351635.001
ISBN: 9781484351635
This paper develops new, far more extensive estimates of export quality, covering 178 countries and hundreds of products over 1962–2010. Quality upgrading is particularly rapid during the early stages of dev...
Volume/Issue: 2012/300
Series: IMF Working Papers
Author(s):
Abdul Abiad
,
John Bluedorn
,
Jaime Guajardo
, and
Petia Topalova
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
December
2012
DOI: http://dx.doi.org/10.5089/9781475584851.001
ISBN: 9781475584851
Economic performance in many emerging market and developing economies (EMDEs) improved substantially over the past twenty years. The past decade was particularly good-for the first time EMDEs spent more time in exp...
Volume/Issue: 2012/218
Series: IMF Working Papers
Author(s):
Davide Furceri
,
Ernesto Crivelli
, and
Joël Toujas-Bernate
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
August
2012
DOI: http://dx.doi.org/10.5089/9781475505689.001
ISBN: 9781475505689
The aim of this paper is to provide new estimates of employment-output elasticities and assess the effect of structural and macroeocnomic policies on the employment-intensity of growth. Using an unbalanced panel of...