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 Exports and Imports Foreign Exchange Industries: Hospital,Travel and Tourism Current Account Adjustment Short-term Capital Movements Sports Gambling Restaurants Recreation Tourism Currency Foreign exchange International economics Hospitality, leisure & tourism industries Real exchange rates Real effective exchange rates Purchasing power parity Current account balance Balance of payments |
ISBN |
1-4623-4568-9
1-4527-8034-X 1-282-84299-4 1-4518-7225-9 9786612842993 |
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-9910828975203321 |
Pineda Emilio | ||
Washington, D.C. : , : International Monetary Fund, , 2009 | ||
Materiale a stampa | ||
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 |
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) |
LledoVictor
GadenneLucie |
Collana | IMF Working Papers |
Soggetto topico |
Fiscal policy - Africa, Sub-Saharan
Finance, Public - Africa, Sub-Saharan Finance: General Macroeconomics Public Finance Fiscal Policy General Financial Markets: Government Policy and Regulation National Government Expenditures and Related Policies: General Debt Debt Management Sovereign Debt Public finance & taxation Finance Fiscal policy Procyclicality Expenditure Fiscal space Public debt Financial risk management Expenditures, Public Debts, Public |
ISBN |
1-4623-3658-2
1-282-84461-X 1-4518-7419-7 1-4527-6922-2 9786612844614 |
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-9910818984203321 |
Yackovlev Irene | ||
Washington, D.C. : , : International Monetary Fund, , 2009 | ||
Materiale a stampa | ||
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 |
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 Banks and Banking Money and Monetary Policy Industries: Financial Services Banks Depository Institutions Micro Finance Institutions Mortgages Monetary Systems Standards Regimes Government and the Monetary System Payment Systems Pension Funds Non-bank Financial Institutions Financial Instruments Institutional Investors Banking Monetary economics Finance Foreign banks Foreign currency exposure Currencies Commercial banks Financial institutions Money Nonbank financial institutions Foreign exchange market Banks and banking Financial services industry |
ISBN |
1-4623-0331-5
1-4527-2485-7 1-4518-7202-X 9786612842764 1-282-84276-5 |
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-9910817533403321 |
Ong Li | ||
Washington, D.C. : , : International Monetary Fund, , 2009 | ||
Materiale a stampa | ||
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 |
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) |
VerdierGenevieve
RochonCeline |
Collana | IMF Working Papers |
Soggetto topico |
Economic development - China - Econometric models
Investments, Foreign - China - Econometric models Exports and Imports Labor Macroeconomics Labor Economics: General Wages, Compensation, and Labor Costs: General Geographic Labor Mobility Immigrant Workers International Investment Long-term Capital Movements Aggregate Factor Income Distribution Labour income economics Finance Wages Labor mobility Foreign direct investment Income Labor economics Investments, Foreign |
ISBN |
1-4623-1746-4
1-4527-8440-X 1-4518-6960-6 9786612840548 1-282-84054-1 |
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-9910818880903321 |
Lipschitz Leslie | ||
Washington, D.C. : , : International Monetary Fund, , 2008 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
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