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Altruism and Workers' Remittances
			: Evidence from Selected Countries in the Middle East and Central Asia

Altruism and Workers' Remittances : Evidence from Selected Countries in the Middle East and Central Asia »

Volume/Issue: 2006/130

Series: IMF Working Papers

Author(s): Jacques Bouhga-Hagbe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2006

DOI: http://dx.doi.org/10.5089/9781451863901.001

ISBN: 9781451863901

Keywords: altruism, co-integration, cointegration, equation, workers ? remittances, equations, Household Behavior: General, Macroeconomics: Consumption, Saving, Production

Workers' remittances have been playing an increasingly important role in the balance of payments of many countries and can significantly contribute to the strength of their external positions. Assessing the likely...

Economic Implications of China's Demographics in the 21st Century

Economic Implications of China's Demographics in the 21st Century »

Volume/Issue: 2003/29

Series: IMF Working Papers

Author(s): Kevin Cheng

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2003

DOI: http://dx.doi.org/10.5089/9781451844825.001

ISBN: 9781451844825

Keywords: demographic structure, fertility, fertility rates, children per woman, fertility rate, number of children, Macroeconomics: Consumption, Saving, Production, Employment

This study assesses the economic implications of China's changing population in the 21st century using a numerical general equilibrium model. The simulations show that lower fertility rates yield lower saving rates...

How Big Are the Benefits of Economic Diversification? Evidence from Earthquakes

How Big Are the Benefits of Economic Diversification? Evidence from Earthquakes »

Volume/Issue: 2005/48

Series: IMF Working Papers

Author(s): Rodney Ramcharan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2005

DOI: http://dx.doi.org/10.5089/9781451860672.001

ISBN: 9781451860672

Keywords: Risk, diversification, earthquakes, earthquake, disasters, epidemiology of disasters, Macroeconomics: Consumption, Saving, Production, Employment

Economic activity is risky. Returns across economic sectors can be highly variable, potentially causing costly adjustments to consumption. However, when returns are imperfectly correlated across sectors and insuran...

Growth and Capital Flows with Risky Entrepreneurship

Growth and Capital Flows with Risky Entrepreneurship »

Volume/Issue: 2010/37

Series: IMF Working Papers

Author(s): Damiano Sandri

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2010

DOI: http://dx.doi.org/10.5089/9781451962802.001

ISBN: 9781451962802

Keywords: Investment Risk, Saving, Financial Development, Growth, entrepreneurs, entrepreneurship, Mathematical Methods And Programming, Production, Employment, And Investment

This paper shows that the behavior of entrepreneurs facing incomplete financial markets and risky investment can explain why growth accelerations in developing countries tend to be associated with current account i...

Financial Integration and Rebalancing in Asia

Financial Integration and Rebalancing in Asia »

Volume/Issue: 2011/243

Series: IMF Working Papers

Author(s): Olaf Unteroberdoerster , and Runchana Pongsaparn

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2011

DOI: http://dx.doi.org/10.5089/9781463922641.001

ISBN: 9781463922641

Keywords: Financial Development, Rebalancing, portfolio investment, fdi, direct investment, portfolio investment assets, Macroeconomics: Consumption, Saving, Production, Employment and Investment: Other

The paper shows that Asia's degree of financial integration, both with the world and within the region remains low by various measures. The paper also provides empirical evidence that greater financial integration...

Avoiding the New Mediocre
			: Raising Long-Term Growth in the Middle East and Central Asia

Avoiding the New Mediocre : Raising Long-Term Growth in the Middle East and Central Asia »

Volume: 16

Series: Departmental Papers / Policy Papers

Author(s): Pritha Mitra , Amr Hosny , Gohar Minasyan , Mark Fischer , and Gohar Abajyan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 March 2016

DOI: http://dx.doi.org/10.5089/9781513572710.087

ISBN: 9781513572710

Keywords: Middle East and Central Asia, Fiscal policy, environment, oil, productivity, growth, employment, long-term growth, capital, labor

Raising the Middle East and Central Asia's long-term growth prospects is critical for meeting the region's pressing need for jobs and higher living standards....

Who is Still Haunted by the Specter of Communism? Explaining Relative Output Contractions Under Transition

Who is Still Haunted by the Specter of Communism? Explaining Relative Output Contractions Under Transition »

Volume/Issue: 2005/68

Series: IMF Working Papers

Author(s): Katrin Elborgh-Woytek , and Julian Berengaut

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2005

DOI: http://dx.doi.org/10.5089/9781451860870.001

ISBN: 9781451860870

Keywords: Commonwealth of Independent States, CIS, transition economies, instrumental variable, transition countries, statistic, Comparative Studies of Countries, Socialist Systems and Transitional Economies: General, Macroeconomics: Consumption, Saving

The paper analyzes the initial output decline in transition economies by estimating a crosssection model stressing two major factors-conflicts and the legacies of the Soviet period. We link the Soviet legacies in p...

The Output Decline in Asian Crisis Countries
			: Investment Aspects

The Output Decline in Asian Crisis Countries : Investment Aspects »

Volume/Issue: 2002/25

Series: IMF Working Papers

Author(s): Joshua Greene

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2002

DOI: http://dx.doi.org/10.5089/9781451844276.001

ISBN: 9781451844276

Keywords: output decline, asian crisis, balance sheet, private capital, private capital flows, private investment, capital flows, capital inflows, Macroeconomics: Production, Macroeconomics: Consumption

This paper examines whether capital outflows may have contributed to output declines during the Asian Crisis by reducing the financing available for domestic investment. Panel data regressions suggest a positive, s...

Remittances Channel and Fiscal Impact in the Middle East, North Africa, and  Central Asia

Remittances Channel and Fiscal Impact in the Middle East, North Africa, and Central Asia »

Volume/Issue: 2012/104

Series: IMF Working Papers

Author(s): Yasser Abdih , Ralph Chami , Christian Ebeke , and Adolfo Barajas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2012

DOI: http://dx.doi.org/10.5089/9781475502947.001

ISBN: 9781475502947

Keywords: Instrumental variables, Panel data, remittance, tax revenue, fiscal impact, Macroeconomics: Consumption, Saving, Production, Employment, and Investment: General (includes Measurement and Data)

This paper identifies a remittances channel that transmits exogenous shocks, such as business cycles in remittance-sending countries, to the public finances of remittance-receiving countries. Using panel data for r...

Crises, Labor Market Policy, and Unemployment

Crises, Labor Market Policy, and Unemployment »

Volume/Issue: 2012/65

Series: IMF Working Papers

Author(s): Davide Furceri , Lorenzo E. Bernal-Verdugo , and Dominique Guillaume

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2012

DOI: http://dx.doi.org/10.5089/9781463938420.001

ISBN: 9781463938420

Keywords: Labor market, flexibility, reforms, labor market institutions, labor market flexibility, labor market policies, Macroeconomics: Consumption, Saving, Production, Employment and Investment: Other

Using a sample of 97 countries spanning the period 1980?2008, we estimate that financial crises have a large negative impact on unemployment in the short term, but that this effect rapidly disappears in the medium...