Global Housing Cycles / / Deniz Igan, Prakash Loungani |
Autore | Igan Deniz |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
Descrizione fisica | 1 online resource (57 p.) |
Altri autori (Persone) | LounganiPrakash |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Housing
Housing - Prices Infrastructure Macroeconomics Real Estate Industries: Financial Services Business Fluctuations Cycles Financial Markets and the Macroeconomy Macroeconomic Aspects of International Trade and Finance: General Housing Supply and Markets Economic Development: Urban, Rural, Regional, and Transportation Analysis Banks Depository Institutions Micro Finance Institutions Mortgages Aggregate Factor Income Distribution Price Level Inflation Deflation Property & real estate Finance Housing prices Income Asset prices Prices National accounts Financial institutions Saving and investment |
ISBN |
1-4755-6679-4
1-4755-1825-0 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; Contents; I. Introduction; II. Data; III. Empirical Analysis; A. Housing Cycles; B. Macroeconomic Consequences; IV. Conclusion; References; Tables; 1. House Price Cycles by Country; 2. Characteristics of House Price Cycles; 3. Price-to-Rent Ratio: Adjustment to Benchmark; 4. Modeling House Price Changes: Country-by-Country Regressions; 5. Modeling House Price Changes: Pooled Regressions; 6. Misalignment in House Prices: A Heat Map; 7. Macroeconomic Impact of House Price Corrections; 8. Macroeconomic Impact of House Price Corrections and Country Characteristics; Figures
1. An Unprecedented Global Housing Boom2. A Global Housing Boom Turning into a Global Bust; 3. Measuring House Prices: Differences in U.S. Indices; 4. National versus Sub-national Prices: Selected Indices in the U.K.; 5. Housing Markets: Price versus Quantity; 6. Regional Housing Markets: Prices versus Activity; 7. Global Housing Cycles: Concurrence of Local Markets; 8. Global Booms and Busts; 9. House Prices and Residential Investment; 10. Price-to-Income Ratio by Country; 11. Housing Affordability in the U.S.; 12. Housing Affordability in the U.S.: Now and Then 13. Price-to-Rent Ratio Adjustment in the U.S14. User Cost of Housing in the U.S.; 15. Back to Earth: Predicted and Actual House Price Changes; Appendix |
Record Nr. | UNINA-9910786486703321 |
Igan Deniz | ||
Washington, D.C. : , : International Monetary Fund, , 2012 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Incorporating Market Information into the Construction of the Fan Chart |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 1 online resource (23 p.) |
Disciplina | 336.54 |
Collana | IMF Working Papers |
Soggetto topico |
Economic forecasting - Econometric models
Time-series analysis Inflation Investments: Options Macroeconomics Energy: Demand and Supply Prices Price Level Deflation Forecasting and Simulation: Models and Applications Pension Funds Non-bank Financial Institutions Financial Instruments Institutional Investors Economic Forecasting Finance Oil prices Asset prices GDP forecasting Options National income Derivative securities |
ISBN |
1-4623-6888-3
1-4527-4804-7 1-282-84389-3 9786612843891 1-4518-7325-5 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Outline of Theory; A. Characterizing the Distribution of Global Growth; Box; 1. The Two-Piece Normal Distribution; B. Constructing Confidence Intervals; III. Using Survey- and Market-Based Information; Figures; 1. Constructing Confidence Intervals; A. Survey-based Measures; B. Market-based Measures; IV. An Example: Forecasting Global Growth; A. Choice of Risk Factors; Tables; 1. Estimated Elasticities and Skewness Coefficients; B. Estimating the Weighting Parameters .; C. Constructing the Fan Chart; D. Interpreting the Results
2. Dispersion of Forecasts for GDP and Selected Risk FactorsV. Conclusions; 3. Fan Chart for Global Growth and Skewness of Risk Factors; 4. Fan Chart for Global Growth Based on Direct Estimates of Variance and Skew; References |
Record Nr. | UNINA-9910788228603321 |
Washington, D.C. : , : International Monetary Fund, , 2009 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
The Jordanian Stock Market—Should You Invest in It for Risk Diversification or Performance? |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2006 |
Descrizione fisica | 1 online resource (38 p.) |
Collana | IMF Working Papers |
Soggetto topico |
Stock exchanges - Arab countries
Cointegration - Arab countries Finance: General Investments: Stocks Macroeconomics General Financial Markets: General (includes Measurement and Data) Pension Funds Non-bank Financial Institutions Financial Instruments Institutional Investors Price Level Inflation Deflation Financial Markets and the Macroeconomy Finance Investment & securities Stock markets Stocks Emerging and frontier financial markets Asset prices Market capitalization Stock exchanges Financial services industry Prices |
ISBN |
1-4623-9217-2
1-4527-9352-2 1-282-44815-3 9786613821348 1-4519-8998-9 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""I. INTRODUCTION""; ""II. MAJOR DEVELOPMENTS OF THE JORDANIAN CAPITAL MARKET""; ""III. LINKAGES OF THE ASE TO MAJOR ARAB, EMERGING, AND DEVELOPED STOCK MARKETS""; ""IV. STRENGTHS, VULNERABILITIES, AND MACROECONOMIC LINKAGES OF THE ASE""; ""V. CONCLUSIONS""; ""REFERENCES"" |
Record Nr. | UNINA-9910788524603321 |
Washington, D.C. : , : International Monetary Fund, , 2006 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Macro-prudential Policy in a Fisherian Model of Financial Innovation / / Javier Bianchi, Emine Boz, Enrique Mendoza |
Autore | Bianchi Javier |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
Descrizione fisica | 1 online resource (55 p.) |
Altri autori (Persone) |
BozEmine
MendozaEnrique |
Collana | IMF Working Papers |
Soggetto topico |
Financial institutions - Management - Econometric models
Equilibrium (Economics) - Econometric models Macroeconomics Money and Monetary Policy Real Estate Taxation Industries: Financial Services Externalities Asymmetric and Private Information Business Fluctuations Cycles Financial Markets and the Macroeconomy Current Account Adjustment Short-term Capital Movements Open Economy Macroeconomics Monetary Policy, Central Banking, and the Supply of Money and Credit: General Banks Depository Institutions Micro Finance Institutions Mortgages Price Level Inflation Deflation Nonagricultural and Nonresidential Real Estate Markets Tax Evasion and Avoidance Monetary economics Finance Property & real estate Public finance & taxation Credit Collateral Asset prices Land prices Tax arrears management Money Financial institutions Prices Revenue administration Loans Housing Tax administration and procedure |
ISBN |
1-4755-4251-8
1-4755-7072-4 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; Contents; 1.Introduction; 2 A Fisherian Model of Financial Innovation; 2.1 Decentralized Competitive Equilibrium; 2.2 Learning Environment; 2.3 Learning, Debt and Price Dynamics after Financial Innovation; 2.4 Recursive Anticipated Utility Competitive Equilibrium; 2.5 Conditionally Efficient Planners' Problems; 2.6 Pecuniary Externality and Decentralization of Planners' Allocations; 3 Quantitative Analysis; 3.1 Baseline Calibration; Tables; Table 1: Baseline Parameter Values; 3.2 Baseline Results; 3.3 Welfare Analysis; Table 2: Welfare Gains; 3.4 Sensitivity Analysis
Table 3: Summary of Priors4 Conclusion; Appendixes; Appendix: Recursive Optimization Problems; References; References; Figures; Figure 1: Dynamics in the Baseline Calibration; Figure 2: Period 40 Bond Holdings and Asset Prices; Figure 3: Period 41 Bond Holdings and Asset Prices; Figure 4: Crisis Episode; Figure 5: Taxes on Debt and Land Dividends; Figure 6: Decomposition of Taxes on Debt; Figure 7: Priors; Figure 8: Dynamics in Gradual Optimism Calibration; Figure 9: Period 40 Bond Holdings and Prices: Gradual Optimism; Figure 10: Taxes on Debt and Land Dividends: Gradual Optimism Figure 11: Decomposition of Taxes on Debt: Gradual OptimismFigure 12: Dynamics in Asymmetric Priors Calibration; Figure 13: Taxes on Debt: Asymmetric Priors |
Record Nr. | UNINA-9910786481203321 |
Bianchi Javier | ||
Washington, D.C. : , : International Monetary Fund, , 2012 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Macroeconomic Implications for Hong Kong SAR of Accommodative U.S. Monetary Policy / / Papa N'Diaye |
Autore | N'Diaye Papa |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 1 online resource (30 p.) |
Collana | IMF Working Papers |
Soggetto topico |
Monetary policy - United States
Economics - China - Hong Kong Inflation Labor Macroeconomics Money and Monetary Policy Public Finance Price Level Deflation Monetary Policy, Central Banking, and the Supply of Money and Credit: General Fiscal Policy Labor Demand Monetary economics Labour income economics Asset prices Credit Fiscal policy Self-employment Prices Self-employed |
ISBN |
1-4623-3154-8
9786612844508 1-4527-3391-0 1-4518-7402-2 1-282-84450-4 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | Cover Page; Title Page; Copyright Page; Contents; I. Introduction; II. Implications for Hong Kong SAR of U.S. Monetary Policy; A. The Fed's Unconventional Monetary Policy Actions; B. Impact on Hong Kong SAR; III. A Simulation of Hong Kong SAR Asset and Goods Markets When Confronted by an Accommodative U.S. Monetary Stance; A. Model Overview; B. Model Simulations; IV. Conclusions; References; Footnotes |
Record Nr. | UNINA-9910788223303321 |
N'Diaye Papa | ||
Washington, D.C. : , : International Monetary Fund, , 2009 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Macroeconomic Patterns and Monetary Policy in the Run-up to Asset Price Busts / / Alasdair Scott, Pau Rabanal, Prakash Kannan |
Autore | Scott Alasdair |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 39 p. : ill |
Altri autori (Persone) |
RabanalPau
KannanPrakash |
Collana | IMF Working Papers |
Soggetto topico |
Assets (Accounting) - Prices
Macroeconomics Monetary policy Exports and Imports Inflation Money and Monetary Policy Real Estate Price Level Deflation Housing Supply and Markets Current Account Adjustment Short-term Capital Movements Monetary Policy, Central Banking, and the Supply of Money and Credit: General Property & real estate International economics Monetary economics Asset prices Housing prices Current account balance Credit Prices Housing Balance of payments |
ISBN |
1-4623-1741-3
9786612844492 1-4518-7399-9 1-282-84449-0 1-4527-5409-8 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Record Nr. | UNINA-9910788223403321 |
Scott Alasdair | ||
Washington, D.C. : , : International Monetary Fund, , 2009 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Market-Based Estimation of Default Probabilities and its Application to Financial Market Surveillance / / Jorge Chan-Lau |
Autore | Chan-Lau Jorge |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2006 |
Descrizione fisica | 1 online resource (19 p.) |
Collana | IMF Working Papers |
Soggetto topico |
Default (Finance)
Risk management Financial Risk Management Investments: Bonds Investments: Stocks Macroeconomics Money and Monetary Policy International Financial Markets Monetary Policy, Central Banking, and the Supply of Money and Credit: General General Financial Markets: General (includes Measurement and Data) Price Level Inflation Deflation Pension Funds Non-bank Financial Institutions Financial Instruments Institutional Investors Monetary economics Investment & securities Finance Credit default swap Bonds Asset prices Stocks Asset valuation Money Financial institutions Prices Asset and liability management Credit Asset-liability management |
ISBN |
1-4623-7503-0
1-4527-9353-0 1-283-51549-0 1-4519-0898-9 9786613827944 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""I. MARKET-BASED DEFAULT PROBABILITIES AND FINANCIAL SURVEILLANCE""; ""II. CREDIT DEFAULT SWAPS""; ""III. BONDS""; ""IV. EQUITY PRICES""; ""V. FROM RISK-NEUTRAL PROBABILITIES TO REAL-WORLD PROBABILITIES""; ""VI. CONCLUSIONS""; ""REFERENCES"" |
Record Nr. | UNINA-9910788405803321 |
Chan-Lau Jorge | ||
Washington, D.C. : , : International Monetary Fund, , 2006 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Monetary and Macroprudential Policy Rules in a Model with House Price Booms / / Alasdair Scott, Pau Rabanal, Prakash Kannan |
Autore | Scott Alasdair |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 36 p. : ill |
Altri autori (Persone) |
RabanalPau
KannanPrakash |
Collana | IMF Working Papers |
Soggetto topico |
Monetary policy - Econometric models
Inflation (Finance) Assets (Accounting) - Prices Macroeconomics Inflation Money and Monetary Policy Real Estate Production and Operations Management Price Level Deflation Macroeconomics: Production Housing Supply and Markets Monetary Policy, Central Banking, and the Supply of Money and Credit: General Property & real estate Monetary economics Output gap Housing prices Credit Asset prices Prices Production Economic theory Housing |
ISBN |
1-4623-8905-8
1-282-84448-2 1-4518-7398-0 9786612844485 1-4527-6620-7 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Record Nr. | UNINA-9910788223503321 |
Scott Alasdair | ||
Washington, D.C. : , : International Monetary Fund, , 2009 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
On Myopic Equilibria in Dynamic Games with Endogenous Discounting / / Wilko Bolt, Alexander Tieman |
Autore | Bolt Wilko |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2006 |
Descrizione fisica | 1 online resource (18 p.) |
Altri autori (Persone) | TiemanAlexander |
Collana | IMF Working Papers |
Soggetto topico |
Game theory
Competition - Mathematical models Equilibrium (Economics) Banks and Banking Finance: General Macroeconomics Environmental Economics Price Level Inflation Deflation General Financial Markets: General (includes Measurement and Data) Banks Depository Institutions Micro Finance Institutions Mortgages Environmental Economics: General Finance Banking Environmental economics Asset prices Competition Environment Prices Banks and banking Environmental sciences |
ISBN |
1-4623-3364-8
1-4527-9150-3 1-283-51256-4 1-4519-1015-0 9786613825018 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""I Introduction""; ""II Defining the multi-stage game with endogenous discounting""; ""III Equilibrium analysis""; ""IV Finite horizon and equilibrium selection""; ""V An illustrative example""; ""VI Discussion and concluding remarks""; ""Appendix""; ""References"" |
Record Nr. | UNINA-9910788417103321 |
Bolt Wilko | ||
Washington, D.C. : , : International Monetary Fund, , 2006 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Optimal Liquidity and Economic Stability / / Linghui Han, Il Lee |
Autore | Han Linghui |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
Descrizione fisica | 1 online resource (24 p.) |
Altri autori (Persone) | LeeIl |
Collana | IMF Working Papers |
Soggetto topico |
Liquidity (Economics)
Monetary policy International finance Finance: General Macroeconomics Money and Monetary Policy Industries: Financial Services Methodology for Collecting, Estimating, and Organizing Macroeconomic Data Data Access Investment Capital Intangible Capital Capacity Monetary Policy, Central Banking, and the Supply of Money and Credit: General Portfolio Choice Investment Decisions Price Level Inflation Deflation Financial Institutions and Services: General Macroeconomics: Consumption Saving Wealth Finance Monetary economics Liquidity Asset prices Monetary aggregates Financial sector Consumption Economics Prices Money supply Financial services industry |
ISBN |
1-4755-0968-5
1-4755-3789-1 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | Cover; Contents; I. Introduction; II. Defining Liquidity and Optimality; III. Testing for Causality between Liquidity and Prices; IV. Relationship between liquidity and consumption; V. Summary and Conclusion; References; Annexes; A. Sources of Data and Estimation Results; B. Relationship Liquidity and Demand |
Record Nr. | UNINA-9910779401403321 |
Han Linghui | ||
Washington, D.C. : , : International Monetary Fund, , 2012 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|