00967cam0-22003131i-450 99000281137040332120220120111157.0000281137FED01000281137(Aleph)000281137FED0100028113720000920d1898----km-y0itay50------baitaITy-------001yy<<Le >>operazioni di borsastoria, pratica, teoria, dottrina, legislazione e giurisprudenza d'Italia e degli stati esteri, comparate e proposte di riforme legislativeOscar Bassano2. ed. completamente riveduta e ampliataLivornoT. Calatafi1898451 p.24 cmOperazioni di borsaBassano,Oscar114509ITUNINARICAUNIMARCBK9900028113704033216-68TBECAECAOperazioni di Borsa419126UNINAING0105218oam 22011894 450 991097507150332120250426110921.09786613830692978146234476514623447639781452715841145271584X9781283518246128351824497814519090431451909047(CKB)3360000000443993(EBL)3014445(SSID)ssj0000939932(PQKBManifestationID)11596386(PQKBTitleCode)TC0000939932(PQKBWorkID)10938517(PQKB)10106759(OCoLC)694141102(IMF)WPIEE2006110(MiAaPQ)EBC3014445(IMF)WPIEA2006110WPIEA2006110(EXLCZ)99336000000044399320020129d2006 uf 0engur|n|---|||||txtccrThe Role of Interest Rates in Business Cycle Fluctuations in Emerging Market Countries : The Case of Thailand /Ivan Tchakarov, Selim Elekdag1st ed.Washington, D.C. :International Monetary Fund,2006.1 online resource (24 p.)IMF Working Papers"May 2006."9781451863703 1451863705 Includes bibliographical references.""Contents""; ""I. INTRODUCTION""; ""II. INTEREST RATES AND BUSINESS CYCLES""; ""III. THE GLOBAL ECONOMY MODEL WITH THE FINANCIAL ACCELERATOR""; ""IV. THE EFFECTS OF A 1 PERCENT U.S. INTEREST RATE HIKE""; ""V. A REPEAT OF THE GLOBAL BOND MARKET ROUT OF 1994?""; ""VI. WHAT ROLE FOR MONETARY POLICY?""; ""VII. CONCLUSION""; ""REFERENCES""Emerging market countries have enjoyed an exceptionally favorable economic environment throughout 2004, 2005, and early 2006. In particular, accommodative U.S. monetary policy in recent years has helped create an environment of low interest rates in international capital markets. However, if world interest rates were to take a sudden upward course, this would lead to less hospitable financing conditions for emerging market countries. The purpose of this paper is to measure the effects of world interest rate shocks on real activity in Thailand. The analysis incorporates balance sheet related credit market frictions into the IMF’s Global Economy Model (GEM) and finds that Thailand would best minimize the adverse effects of rising world interest rates if it were to follow a flexible exchange rate regime.IMF Working Papers; Working Paper ;No. 2006/110Business cyclesThailandEconometric modelsForeign exchange ratesThailandEconometric modelsInterest ratesThailandEconometric modelsAccountingimfBanks and BankingimfCurrencyimfEmerging and frontier financial marketsimfExchange rate arrangementsimfExchange rate flexibilityimfFinanceimfFinance, PublicimfFinance: GeneralimfFinancial reporting, financial statementsimfFinancial services industryimfFinancial statementsimfForeign ExchangeimfForeign exchangeimfGeneral Financial Markets: General (includes Measurement and Data)imfInterest ratesimfInterest Rates: Determination, Term Structure, and EffectsimfPublic AdministrationimfPublic Sector Accounting and AuditsimfReal interest ratesimfUnited StatesimfBusiness cyclesEconometric models.Foreign exchange ratesEconometric models.Interest ratesEconometric models.AccountingBanks and BankingCurrencyEmerging and frontier financial marketsExchange rate arrangementsExchange rate flexibilityFinanceFinance, PublicFinance: GeneralFinancial reporting, financial statementsFinancial services industryFinancial statementsForeign ExchangeForeign exchangeGeneral Financial Markets: General (includes Measurement and Data)Interest ratesInterest Rates: Determination, Term Structure, and EffectsPublic AdministrationPublic Sector Accounting and AuditsReal interest ratesTchakarov Ivan1815906Elekdag Selim1104193International Monetary Fund.Asia and Pacific Dept.DcWaIMFBOOK9910975071503321The Role of Interest Rates in Business Cycle Fluctuations in Emerging Market Countries4371524UNINA