Browse

You are looking at 1 - 10 of 121 items :

  • IMF Working Papers x
  • Keywords: exchange rate x
Clear All
An Analysis of So-Called Export-led Growth

An Analysis of So-Called Export-led Growth »

Source: An Analysis of So-Called Export-led Growth

Volume/Issue: 2008/220

Series: IMF Working Papers

Author(s): Jie Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2008

ISBN: 9781451870787

Keywords: Export-led growth, real exchange rate, productivity improvement, export growth, exchange rate, exportable sector, export sector,

The stylized fact that strong economic growth is usually accompanied with strong export growth leads many people to conclude that the export sector is the main driving force behind those episodes. The model in this...

The Asia Crisis

The Asia Crisis »

Source: The Asia Crisis : Causes, Policy Responses, and Outcomes

Volume/Issue: 1999/138

Series: IMF Working Papers

Author(s): Andrew Berg

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1999

ISBN: 9781451855968

Keywords: Asia crisis, interest rates and exchange rates, currency crises, balance of payments crises, exchange rate, banking, banking system, exchange rates, foreign exchange

This paper tells the story of the Asian financial crisis by addressing four questions: What were the causes of the crisis, how did the crisis unfold, what were the policy responses, and what have been the outcomes?...

Balance of Payments Anti-Crises

Balance of Payments Anti-Crises »

Source: Balance of Payments Anti-Crises

Volume/Issue: 2009/134

Series: IMF Working Papers

Author(s): Isabel Yan , and Michael Kumhof

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2009

ISBN: 9781451872811

Keywords: Balance of payments anti-crises, inflation dynamics, foreign exchange, exchange rate, inflation targeting,

Several emerging economies have, until recently, experienced large government surpluses and accelerating foreign exchange reserve accumulation. This has been accompanied by economic booms, exchange rate appreciatio...

Bank Asset Quality in Emerging Markets

Bank Asset Quality in Emerging Markets »

Source: Bank Asset Quality in Emerging Markets : Determinants and Spillovers

Volume/Issue: 2012/71

Series: IMF Working Papers

Author(s): Reinout De Bock , and Alexander Demyanets

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2012

ISBN: 9781475502237

Keywords: Macro-financial linkages, Nonperforming loans, Exchange rate, Panel regressions, capital inflows, net capital flows, exchange rates, Bank Asset Quality in Emerging Markets, Financial Markets and the Macroeconomy, International Finance: General

This paper assesses the vulnerability of emerging markets and their banks to aggregate shocks. We find significant links between banks' asset quality, credit and macroeconomic aggregates. Lower economic growth, an...

“Big Bang” Versus Gradualism in Economic Reforms: An Intertemporal Analysis with an Application to China

“Big Bang” Versus Gradualism in Economic Reforms: An Intertemporal Analysis with an Application to China »

Source: 'Big Bang' Versus Gradualism in Economic Reforms : An Intertemporal Analysis with an Application to China

Volume/Issue: 2001/98

Series: IMF Working Papers

Author(s): Andrew Feltenstein , and Saleh Nsouli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2001

ISBN: 9781451852141

Keywords: China, Transition, sequencing of reforms, speed of adjustment, privatization, gradual privatization, tariff reform, state-owned enterprises, exchange rate policy, Computable and Other Applied General Equilibrium Models

This paper reviews briefly the controversy in the literature concerning the speed of adjustment and sequencing of reforms, and presents a model parameterized with Chinese data. The model is used to generate differe...

Bivariate Assessments of Real Exchange Rates Using PPP Data

Bivariate Assessments of Real Exchange Rates Using PPP Data »

Source: Bivariate Assessments of Real Exchange Rates Using PPP Data

Volume/Issue: 2008/153

Series: IMF Working Papers

Author(s): Juan Zalduendo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2008

ISBN: 9781451870114

Keywords: Real exchange rate, exchange rate, real exchange rates

This paper focuses on assessments of real exchange rates using PPP data and examines their limitations when these are based exclusively on bivariate estimations. It begins by presenting an analytical framework of t...

Broad Money Demand and Asset Substitution in China

Broad Money Demand and Asset Substitution in China »

Source: Broad Money Demand and Asset Substitution in China

Volume/Issue: 2009/131

Series: IMF Working Papers

Author(s): Ge Wu

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2009

ISBN: 9781451872781

Keywords: asset substitution, exchange rate, interest rate, equation, statistics, cointegration, inflation,

Recent changes to China's financial system, in particular ongoing interest rate liberalization, gradual movement toward a more flexible exchange rate regime, and rapid development of capital markets, have changed s...

Characterizing Exchange Rate Regimes in Post-Crisis East Asia

Characterizing Exchange Rate Regimes in Post-Crisis East Asia »

Source: Characterizing Exchange Rate Regimes in Post-Crisis East Asia

Volume/Issue: 2001/152

Series: IMF Working Papers

Author(s): Taimur Baig

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2001

ISBN: 9781451857092

Keywords: exchange rate regime, volatility, Asian crisis, exchange rate, exchange rates, random walk, exchange rate volatility, standard deviation, International Monetary Arrangements and Institutions,

This paper examines the behavior of the exchange rates of selected emerging market East Asian economies in the aftermath of the Asian crisis. The results suggest that movements in the Asia-5 currencies (Indonesia,...

China's Changing Trade Elasticities

China's Changing Trade Elasticities »

Source: China's Changing Trade Elasticities

Volume/Issue: 2007/266

Series: IMF Working Papers

Author(s): Jahangir Aziz , and Xiangming Li

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2007

ISBN: 9781451868296

Keywords: elasticity, exchange rate, trade balance, standard error, equation, equations, statistic, probability,

China's sectoral trade composition, product quality mix, and import content of processing exports have all changed substantially during the past decade. This has rendered trade elasticities estimated using aggregat...

“China’s Foreign Trade Behavior in the 1980s: An Empirical Analysis”

“China’s Foreign Trade Behavior in the 1980s: An Empirical Analysis” »

Source: Working Paper Summaries (WP/92/1 - WP/92/47)

Volume/Issue: 1992/58

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1992

ISBN: 9781451966480

Keywords: foreign currency, currency substitution, exchange rate, rational expectations

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...