Volume/Issue: 2011/181
Series: IMF Working Papers
Author(s):
James Walsh
,
Jiangyan Yu
, and
Chanho Park
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
August
2011
DOI: http://dx.doi.org/10.5089/9781462310296.001
ISBN: 9781462310296
Driving infrastructure development, notably mobilizing financial resources for infrastructure projects, has been challenging in many countries. This study includes two parts: an empirical analysis of macroeconomic...
Series: Books
Author(s):
Udaibir Das
,
Adnan Mazarei
, and
Han Hoorn
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
09
December
2010
DOI: http://dx.doi.org/10.5089/9781589069275.071
ISBN: 9781589069275
The book covers a wide range of topics of relevance to policymakers in countries that have sovereign wealth funds (SWFs) and those that receive SWF investments. Renowned experts in the field have contributed chapte...
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: 2004/175
Series: IMF Working Papers
Author(s):
Jaewoo Lee
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
September
2004
DOI: http://dx.doi.org/10.5089/9781451858785.001
ISBN: 9781451858785
A quantitative framework is developed to bring forward the insurance motive of holding international reserves. The insurance value of reserves is quantified as the market price of an equivalent option that provides...
