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Moral Hazard and International Crisis Lending: A Test »
Source: Moral Hazard and International Crisis Lending : A Test
Volume/Issue: 2002/181
Series: IMF Working Papers
Author(s): Giovanni Dell'Ariccia , Jeronimo Zettelmeyer , and Isabel Schnabel
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 2002
ISBN: 9781451859201
Keywords: international lending, bond, crisis lending, bond spreads, bonds, International Lending and Debt Problems, Econometric Methods: - Single Equation Models,
We test for the existence of a moral hazard effect attributable to official crisis lending by analyzing the evolution of sovereign bond spreads in emerging markets before and after the Russian crisis. The nonbailou...

Shifting Motives »
Source: Shifting Motives : Explaining the Buildup in official Reserves in Emerging Markets Since the 1980's
Volume/Issue: 2012/34
Series: IMF Working Papers
Author(s): Atish Ghosh , Jonathan Ostry , and Charalambos Tsangarides
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2012
ISBN: 9781463933197
Keywords: Quantile Regression, exchange rate, reserve holdings, short-term debt, exchange rate regime, Economic Growth of Open Economies,
Why have emerging market economies (EMEs) been stockpiling international reserves? We find that motives have varied over time?vulnerability to current account shocks was relatively important in the 1980s but, as EM...

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...

The Rising Resilience of Emerging Market and Developing Economies »
Source: The Rising Resilience of Emerging Market and Developing Economies
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
ISBN: 9781475584851
Keywords: low-income countries, growth, expansion, recovery, inflation, external shocks, domestic shocks, trade openness, low inflation, General
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...

III. CPIS Data of Individual Countries »
Source: Coordinated Portfolio Investment Survey Guide
Series: Books
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 30 August 1996
ISBN: 9781557756060
Keywords: direct investment, portfolio investment, investors, accrued interest, portfolio investments
ARGENTINA’S PORTFOLIO INVESTMENT ASSETS AT END-DECEMBER 1997 (in millions of US dollars) Country of Nonresident I...

IV Exchange Rate Arrangements and Economic Performance in Developing Countries »
Source: World Economic Outlook : A survey by the staff of the International Monetary Fund: October 1997
Series: World Economic and Financial Surveys
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 October 1997
ISBN: 9781557756817
Keywords: exchange rate, debt, interest, inflation, debtor countries
In the 1980s and 1990s, as globalization and changes in policy orientation have resulted in closer international trade and financial linkages, the economic performance and growth pr...

Statistical Appendix »
Source: World Economic Outlook : A survey by the staff of the International Monetary Fund: October 1997
Series: World Economic and Financial Surveys
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 October 1997
ISBN: 9781557756817
Keywords: exchange rate, debt, interest, inflation, debtor countries
The statistical appendix presents historical data, as well as projections. It comprises four sections: Assumptions, Data and Conventions, Classification of Countries...

7 Trade Elasticities and the Exchange Rate »
Source: External Performance in Low-Income Countries
Series: Occasional Papers
Author(s): Alessandro Prati , Luca Ricci , Lone Engbo Christiansen , Stephen Tokarick , and Thierry Tressel
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 March 2011
ISBN: 9781616350536
Keywords: External sector, Low-income developing countries, Real effective exchange rates, exchange rate, current account, real exchange rate, foreign assets, net foreign assets
Chapters 1 and 2 of this paper discussed the macrobalance approach, which is one method a researcher can use to determine the extent to which a country’s current account balance deviates from it...

6 Import and Export Elasticities »
Source: External Performance in Low-Income Countries
Series: Occasional Papers
Author(s): Alessandro Prati , Luca Ricci , Lone Engbo Christiansen , Stephen Tokarick , and Thierry Tressel
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 March 2011
ISBN: 9781616350536
Keywords: External sector, Low-income developing countries, Real effective exchange rates, exchange rate, current account, real exchange rate, foreign assets, net foreign assets
This chapter sets out the details of a methodology that can be used to calculate export supply and import demand elasticities without using econometrics. There is a long tradition in estimating trade elastic...

Back Matter »
Source: Global Financial Stability Report, April 2007 : Market Developments and Issues
Series: Global Financial Stability Report
Author(s): International Monetary Fund. Monetary and Capital Markets Department
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 08 April 2008
ISBN: 9781589066373
Keywords: hedge funds, hedge, financial stability, bond, banking
Published twice yearly, the Global Financial Stability Report (GFSR) was created to provide a more frequent assessment of global financial markets by the IMF and to address emerging market financing in a global con...