Assessing Exchange Rate Competitiveness in the Eastern Caribbean Currency Union / / Emilio Pineda, Paul Cashin, Yan Sun
| Assessing Exchange Rate Competitiveness in the Eastern Caribbean Currency Union / / Emilio Pineda, Paul Cashin, Yan Sun |
| Autore | Pineda Emilio |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
| Descrizione fisica | 1 online resource (43 p.) |
| Disciplina | 338.28394 |
| Altri autori (Persone) |
CashinPaul
SunYan |
| Collana | IMF Working Papers |
| Soggetto topico |
Foreign exchange rates - Caribbean Area
Monetary unions - Caribbean Area Balance of payments Currency Current Account Adjustment Current account balance Exports and Imports Foreign Exchange Foreign exchange Gambling Hospitality, leisure & tourism industries Industries: Hospital,Travel and Tourism International economics Purchasing power parity Real effective exchange rates Real exchange rates Recreation Restaurants Short-term Capital Movements Sports Tourism |
| ISBN |
9786612842993
9781462345687 1462345689 9781452780344 145278034X 9781282842991 1282842994 9781451872255 1451872259 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Contents; I. Introduction; II. Theoretical Background; III. Evolution of the Real Exchange Rate in the ECCU; A. Analysis of Traditional Real Exchange Rate Measures; B. Real Exchange Rates Based on Customers and Competitors of Tourism Sector; IV. Equilibrium Real Exchange Rate Models; A. The PPP Hypothesis; B. Equilibrium Real Exchange Rate: The Impact of Tourism; C. Macroeconomic Balance Approach; V. Conclusions; Appendices; I. Tourism and the Real Exchange Rate; A. Tourism Model; II. Data Sources; Tables; 1. ECCU: Unit Root Tests on REER; 2. ECCU: Panel Unit Root Tests on REER
3. Results of the Error Correction Specification for Different Samples 4. Estimation Results: Macroeconomic Balance Approach; Figures; 1. ECCU: Real Exchange Rate-Real Effective Exchange Rate, 1979-2009; 2. The Caribbean: Real Exchange Rate-Real Effective Exchange Rate, 1979-2009; 3. Real Exchange Rates with Respect to Main Customers of the Tourism Sector 1979-2009; 4. Real Exchange Rates with Respect to Tourism Competitors, 1979-2009; 5. ECCU: Actual and Long-Run Average REER, 1979-2008; 6. ECCU: Actual and Equilibrium REER, 1979-2008; 7. ECCU: Actual and Equilibrium REER, 1979-2008 8. ECCU: Contributions to Changes in Equilibrium Exchange Rates, 1982-20089. Contributions to Changes of Equilibrium Real Exchange Rates, 1982-2008; 10. ECCU: Current Account Deficit, Actual and Estimated Norms; 11. ECCU: Current Account Deficit, Actual and Estimated Norms; 12. ECCU: Contributions to Current Account/GDP Norm, 1979-2008; References |
| Record Nr. | UNINA-9910970780503321 |
Pineda Emilio
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| Washington, D.C. : , : International Monetary Fund, , 2009 | ||
| Lo trovi qui: Univ. Federico II | ||
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Cyclical Patterns of Government Expenditures in Sub-Saharan Africa : : Facts and Factors / / Irene Yackovlev, Victor Lledo, Lucie Gadenne
| Cyclical Patterns of Government Expenditures in Sub-Saharan Africa : : Facts and Factors / / Irene Yackovlev, Victor Lledo, Lucie Gadenne |
| Autore | Yackovlev Irene |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
| Descrizione fisica | 1 online resource (53 p.) |
| Disciplina | 338.28394 |
| Altri autori (Persone) |
GadenneLucie
LledoVictor |
| Collana | IMF Working Papers |
| Soggetto topico |
Fiscal policy - Africa, Sub-Saharan
Finance, Public - Africa, Sub-Saharan Debt Management Debt Debts, Public Expenditure Expenditures, Public Finance Finance: General Financial risk management Fiscal Policy Fiscal policy Fiscal space General Financial Markets: Government Policy and Regulation Macroeconomics National Government Expenditures and Related Policies: General Procyclicality Public debt Public finance & taxation Public Finance Sovereign Debt |
| ISBN |
9786612844614
9781462336586 1462336582 9781282844612 128284461X 9781451874198 1451874197 9781452769226 1452769222 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cover Page; Title Page; Copyright Page; Contents; I. Introduction; 1. Evolution of the fiscal balance in sub-Saharan Africa, current and past cycles; 1. Number of sub-Saharan African countries satisfying various macroeconomic performance and institutional quality criterial by decade; II. Literature Review; III. Empirical Strategy; A. Empirical Model and Identification; B. Data, Measurement, and Specification; IV. Results; A. Key Facts; 2. Cyclical properties of government spending, 1970-2008; 3. Robustness checks, system-GMM estimates and additional controls
4. Cyclical properties of government spending by decade B. Factors; 5. Political factors, impact on procyclicality, 1970-2008; 6. Financing constraints, impact on procyclicality, 1970-2008; 7. Macroeconomic stability and fiscal space, impact on procyclicality, 1970-2008; 8. How can we explain the evolution of procyclicality over time in sub-Saharan Africa?; V. Conclusions and Policy Implications; Appendix; References; Footnotes |
| Record Nr. | UNINA-9910973989403321 |
Yackovlev Irene
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| Washington, D.C. : , : International Monetary Fund, , 2009 | ||
| Lo trovi qui: Univ. Federico II | ||
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Foreign Banks in the CESE Countries : : In for a Penny, in for a Pound? / / Li Ong, Andrea Maechler
| Foreign Banks in the CESE Countries : : In for a Penny, in for a Pound? / / Li Ong, Andrea Maechler |
| Autore | Ong Li |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
| Descrizione fisica | 1 online resource (64 p.) |
| Disciplina | 338.28394 |
| Altri autori (Persone) | MaechlerAndrea |
| Collana | IMF Working Papers |
| Soggetto topico |
Banks and banking, Foreign
Banks and banking - Europe Banking Banks and Banking Banks and banking Banks Commercial banks Currencies Depository Institutions Finance Financial institutions Financial Instruments Financial services industry Foreign banks Foreign currency exposure Foreign exchange market Government and the Monetary System Industries: Financial Services Institutional Investors Micro Finance Institutions Monetary economics Monetary Systems Money and Monetary Policy Money Mortgages Non-bank Financial Institutions Nonbank financial institutions Payment Systems Pension Funds Regimes Standards |
| ISBN |
9786612842764
9781462303311 1462303315 9781452724850 1452724857 9781451872026 145187202X 9781282842762 1282842765 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Contents; Glossary; I. Introduction; II. The Data; A. Derivation of the Components of Bank Claims; Figures; 1. Components of Bank Claims on a Country; 2. Bank Claims Dataset Constructed From BIS and IFS Statistics; Boxes; 1. Deriving the Components of Bank Claims from BIS and IFS Data; B. Selection of Home and Host Countries; Tables; 1. CESE: Claims of Foreign Banks on Major Host Countries, as at End-2007; III. Stylized Facts: An Analysis of the Data; A. Local and Foreign Banks' Claims on All Sectors; 2. CESE: Claims of Foreign Banks of Major Home Countries, as at End-2007
3. CESE: Share of Total Foreign Bank Claims on Select Host Countries as at End- 20074. CESE: Share of Total Foreign Bank Claims of Home Countries, as at End-2007; 5. CESE-13: Changes in the Maturity Structure of Total Foreign Bank Claims on Select Host Countries, March 2005-December 2007; B. Local and Foreign Banks' Claims on the Private Sector; 6. CESE-13: Changes in the Sectoral Structure of Total Foreign Bank Claims on Select Host Countries, March 2005-December 2007; 3. CESE-13: Composition of Bank Claims on the Nonbank Private and Banking Sectors by Sub-Region IV. A Quantification of Home and Host "Exposures"A. Short-Term Exposures; 4. CESE-13: Composition of Short-Term Foreign Bank Claims on the Nonbank Private and Banking Sectors, by Sub-Region; 7. CESE-13: Quantification of Short-Term Foreign Bank Claims on the Nonbank Private and Banking Sectors, by Sub-Region, as at End-2007; B. Longer-Term Exposures; 8. CESE-13: Quantification of Longer-Term Foreign Bank Claims on the Nonbank Private and Banking Sectors, by Sub-Region, as at End-2007; V. Other Considerations; A. Possible Implications of Banks' Funding Sources B. Data Shortcomings and Areas for Improvement5. CESE New Member States: Loan-to-Deposit Ratio; 6. CESE New Member States: Total Assets of Foreign Bank Branches and Subsidiaries; 2. Discrepancies Among Sources of Banking Claims Data: The Estonia Example; 9. Bank Claims: Stocktake of Data Availability and Sources; VI. Concluding Remarks; Appendices; I. A Comparison of Data on Foreign Bank Claims; II. Derivation of the Aggregate Claims Components on Host Countries; A.1. Bank Claims: Summary of Data Series, Sources and Calculations; A.1. BIS Consolidated Banking Data A.1. CESE-13: Composition of Foreign Bank Claims on the Nonbank Private and Banking Sectors, by Host CountryIII. CESE-13: Composition of Bank Claims on the Private Sector, by Host Country; A.2. CESE-13: Composition of Short-Term Foreign Bank Claims on the Nonbank Private and Banking Sectors, by Host Country; IV. CESE-13: Composition of Short-Term Foreign Bank Claims on the Private Sector, by Host Country; A.2. CESE-13: A Quantification of Short-Term Foreign Bank Claims on the Nonbank Private Sector, by Home and Host Countries, as at End-2007 V. CESE-13: A Quantification of Foreign Bank Claims on the Private Sector, by Home and Host Countries |
| Record Nr. | UNINA-9910973832203321 |
Ong Li
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| Washington, D.C. : , : International Monetary Fund, , 2009 | ||
| Lo trovi qui: Univ. Federico II | ||
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A Real Model of Transitional Growth and Competitiveness in China / / Leslie Lipschitz, Genevieve Verdier, Celine Rochon
| A Real Model of Transitional Growth and Competitiveness in China / / Leslie Lipschitz, Genevieve Verdier, Celine Rochon |
| Autore | Lipschitz Leslie |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
| Descrizione fisica | 1 online resource (36 p.) |
| Disciplina | 338.28394 |
| Altri autori (Persone) |
RochonCeline
VerdierGenevieve |
| Collana | IMF Working Papers |
| Soggetto topico |
Economic development - China - Econometric models
Investments, Foreign - China - Econometric models Aggregate Factor Income Distribution Exports and Imports Finance Foreign direct investment Geographic Labor Mobility Immigrant Workers Income economics Income International Investment Investments, Foreign Labor economics Labor Economics: General Labor mobility Labor Labour Long-term Capital Movements Macroeconomics Wages Wages, Compensation, and Labor Costs: General |
| ISBN |
9786612840548
9781462317462 1462317464 9781452784403 145278440X 9781451869606 1451869606 9781282840546 1282840541 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Contents; I. Introduction; II. Stylized Facts; III. Model; A. Households; B. Firms; C. Exogenous Shocks; D. Equilibrium; IV. Results; A. Calibration; B. Impulse Response Functions; C. Simulation; D. Transition to Steady State; V. Conclusion; Tables; 1. National Saving Rate, 2006; 2. Relative Hourly Wage in Manufacturing, Selected Economies, 2002; 3. Income of Urban and Rural Households and the Urban-Rural Gap (RMB); 4. Summary Indicators of Saving and Investment; Figures; 1. Net Capital Flows into China; 2. Saving and Investment; 3. Productivity Shock; 4. Foreign Interest Rate Schock
5. Foreign Output Shock 6. Transition to Steady State when 10/l* = z0/z* = 0.9; 5. Convergence and Transition Half Life α = 1; 6. Convergence and Transition Half Life α = 1; 7. Simulation Results; References; Appendix |
| Record Nr. | UNINA-9910967716903321 |
Lipschitz Leslie
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| Washington, D.C. : , : International Monetary Fund, , 2008 | ||
| Lo trovi qui: Univ. Federico II | ||
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