Volume/Issue: 2015/228
Series: IMF Working Papers
Author(s):
Christian Ebeke
, and
Armand Fouejieu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
28
October
2015
DOI: http://dx.doi.org/10.5089/9781513586267.001
ISBN: 9781513586267
This paper investigates the effects of the adoption of inflation targeting (IT) on the choice of exchange rate regime in emerging markets (EMs), conditional on certain macroeconomic conditions. Using a large sample...
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: 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: 2011/114
Series: IMF Working Papers
Author(s):
Jiaqian Chen
, and
Patrick Imam
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
May
2011
DOI: http://dx.doi.org/10.5089/9781455262373.001
ISBN: 9781455262373
We first illustrate that emerging markets (EMs) face a shortage of financial assets, with financial assets not growing as rapidly as domestic savings. We then estimate the asset shortage in EMs for 1995-2008. We de...
Volume: 10
Series: Technical Notes and Manuals
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
August
2010
DOI: http://dx.doi.org/10.5089/9781462318254.005
ISBN: 9781462318254
This technical note describes the interaction of government cash management with other financial policies. The note offers guidance on policy, institutional, and practical issues for governments looking to develop...
Volume: 57
Series: IMF Staff Papers
Author(s):
International Monetary Fund. Research Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
29
June
2010
DOI: http://dx.doi.org/10.5089/9781589069121.024
ISBN: 9781589069121
This paper introduces a new database of financial reforms covering 91 economies over 1973-2005. It describes the content of the database, the information sources utilized, and the coding rules used to create an ind...
Volume/Issue: 2010/10
Series: IMF Working Papers
Author(s):
Udaibir Das
,
Michael Papaioannou
, and
Christoph Trebesch
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
January
2010
DOI: http://dx.doi.org/10.5089/9781451961942.001
ISBN: 9781451961942
Top down spillovers of sovereign default risk can have serious consequences for the private sector in emerging markets. This paper analyzes the effects of these spillovers using firm-level data from 31 emerging mar...
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: 2008/308
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
September
2008
DOI: http://dx.doi.org/10.5089/9781451833164.002
ISBN: 9781451833164
This Selected Issues paper for the Russian Federation discusses existing empirical efforts to measure the determinants of cross-country financial integration. Empirical studies that have adopted the gravity-model f...
Volume/Issue: 2008/201
Series: IMF Working Papers
Author(s):
David Hauner
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
August
2008
DOI: http://dx.doi.org/10.5089/9781451870596.001
ISBN: 9781451870596
Putting the pension system on a sustainable footing arguably remains the biggest challenge in Russia's economic policies. The debate about the policy options was hitherto constrained by the absence of general equil...