Capital Inflows : : Macroeconomic Implications and Policy Responses |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 1 online resource (62 p.) |
Collana | IMF Working Papers |
Soggetto topico |
Capital investments
Capital movements Banks and Banking Exports and Imports Finance: General Foreign Exchange International Finance: General Current Account Adjustment Short-term Capital Movements International Lending and Debt Problems International Investment Long-term Capital Movements Central Banks and Their Policies International Financial Markets International economics Currency Foreign exchange Banking Finance Capital inflows Capital controls Exchange rates Sterilization Currency markets Balance of payments Central banks Financial markets Foreign exchange market |
ISBN |
1-4623-5073-9
1-4527-6117-5 1-282-84262-5 1-4518-7188-0 9786612842627 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Database and Methodology; A. Database; B. Methodology; III. Capital Inflows: Basic Stylized Facts; A. Capital Inflows Over Time; B. Episodes of Large Capital Inflows; IV. Policy Responses to Large Capital Inflows; A. Exchange Rate Policy; B. Sterilization Policy; C. Fiscal Policy; D. Capital Controls; V. Policy Responses: Basic Stylized Facts; A. Policy Responses During Episodes of Large Capital Inflows; VI. Linking Macroeconomic Outcomes and Policy Responses; A. Macroeconomic Outcomes: Basic Stylized Facts; B. How to Avoid a Hard Landing After the Inflows?
C. How to Contain Real Exchange Rate Appreciation?D. Any Role for Capital Controls?; E. Do Persistence of Inflows and External Imbalances Matter?; VII. Conclusions; Tables; 1. List of Net Private Capital Inflow Episodes; 2. Episodes of Large Net Private Capital Inflows: Summary Statistics; 3. Post-Inflows GDP Growth Regressions; 4. Real Exchange Rate Regressions; Figures; 1. Net Private Capital Inflows to Emerging Markets; 2. Mexico: Identification of Large Net Private Capital Inflow Episodes; 3. Gross Capital Flows, Current Account Balance, and Reserve Accumulation 4. Current Account Balances, Capital Inflows, and Reserves by Region 5. Net FDP and Non-FDI Inflows by Region; 6. Basic Characteristics of Episodes of Large Net Private Capital Inflows; 7. Exchange Market Pressures (EMP) Across Regions; 8. Exchange Market Pressures, Sterilization, and Government Expenditures; 9. Evolution of Capital Controls; 10. Policy Indicators and Episodes of Large Capital Inflows; 11. Selected Macroeconomic Variables During Large Capital Inflows; 12. Post-Inflow GDP Growth and Policies; 13. Real Exchange Rate Appreciation and Policies When Inflation Accelerates 14. Macroeconomic Outcomes and Capital Controls15. Exchange Market Pressures and Duration of Capital Inflow Episodes; 16. Fiscal Policy and Balance of Payment Pressures; 17. Regional Dimensions; Appendix; References |
Record Nr. | UNINA-9910788320103321 |
Washington, D.C. : , : International Monetary Fund, , 2009 | ||
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Lo trovi qui: Univ. Federico II | ||
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Common Volatility Trends in the Central and Eastern European Currencies and the Euro / / Marcus Pramor, Natalia Tamirisa |
Autore | Pramor Marcus |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2006 |
Descrizione fisica | 1 online resource (31 p.) |
Altri autori (Persone) | TamirisaNatalia |
Collana | IMF Working Papers |
Soggetto topico |
Foreign exchange rates - Econometric models - Europe
Monetary policy - Europe Exports and Imports Finance: General Foreign Exchange Macroeconomics Money and Monetary Policy Financial Aspects of Economic Integration Monetary Systems Standards Regimes Government and the Monetary System Payment Systems International Financial Markets Externalities Monetary economics Currency Foreign exchange Finance International economics Currencies Exchange rates Currency markets Spillovers Monetary unions Money Financial markets Financial sector policy and analysis Economic integration Foreign exchange market International finance |
ISBN |
1-4623-3970-0
1-4519-8430-8 1-283-51745-0 1-4519-9401-X 9786613829900 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""I. INTRODUCTION""; ""II. METHODOLOGY AND DATA""; ""III. VOLATILITY DYNAMICS IN CENTRAL AND EASTERN EUROPEAN CURRENCY MARKETS""; ""IV. CONCLUSIONS""; ""References"" |
Record Nr. | UNINA-9910788402503321 |
Pramor Marcus
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Washington, D.C. : , : International Monetary Fund, , 2006 | ||
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Lo trovi qui: Univ. Federico II | ||
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Costa Rica : : Selected Issues and Analytical Notes |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2015 |
Descrizione fisica | 1 online resource (101 p.) |
Disciplina | 332.152 |
Collana | IMF Staff Country Reports |
Soggetto topico |
Financial services industry - Costa Rica
Banks and banking, Central - Costa Rica Monetary policy - Costa Rica Foreign exchange rates - Costa Rica Capital movements - Costa Rica Economic development - Costa Rica Labor market - Costa Rica Electric power - Costa Rica Banks and Banking Finance: General Foreign Exchange Macroeconomics Public Finance Fiscal Policy General Financial Markets: Government Policy and Regulation Banks Depository Institutions Micro Finance Institutions Mortgages International Financial Markets Macroeconomics: Production Currency Foreign exchange Banking Financial services law & regulation Finance Public finance & taxation Fiscal consolidation Exchange rates Basel III Currency markets Financial markets Fiscal policy Exchange rate flexibility Banks and banking State supervision Foreign exchange market Production Economic theory |
ISBN |
1-4983-6289-3
1-4983-1271-3 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; CONTENTS; I. SELECTED REAL SECTOR ISSUES; A. Potential Output Estimates; TABLE; 1. Potential Output Growth and Output Gap Estimates; B. Estimating the Impact of Intel Exit; C. Labor Markets and Inequality; D. Electricity sector; BOX; 1. Methodologies for Potential Output Estimates; References; II. CROSS-BORDER LINKAGES AND SPILLOVERS; A. Trade Linkages; B. Real Growth Spillovers; C. Fiscal Spillovers; D. Financial Spillovers; E. Monetary Policy Spillovers (the Effect of U.S. Monetary Policy Normalization); TABLE; 1. Vulnerability Indicators; FIGURES; 1. Trade Linkages
2. Costa Rica and Selected Trading Partners-full title 3. United States: Three Scenarios of Tapering Off (FSGM simulations); 4. The Impact of U.S. Tapering Off (FSGM simulations); References; III. ASSESSING FISCAL VULNERABILITY AND MEDIUM-TERM SUSTAINABILITY; FIGURE; 1. Long-Term Fiscal Sustainability; References; IV. THE CENTRAL BANK NET'S WORTH; A. Introduction; B. Baseline Simulation Results; C. Sensitivity Analysis; FIGURE; 1. Central Bank of Costa Rica: Sensitivity Analysis; BOX; 1. Balance Sheet Equations; References; V. MONETARY POLICY AND INFLATION; A. Monetary Policy Stance B. Pass-through from Exchange Rate Depreciation to Inflation References; VI. TRANSITION TO A FLEXIBLE EXCHANGE RATE: LESSONS FROM PAST EXPERIENCE; A. Background; B. Dangers of Exchange Rate Inflexibility and the Advantages of Flexibility; C. Moving Toward Exchange Rate Flexibility: Experiences and Lessons from Other Countries; D. Assessing Costa Rica's Preparedness to Float; TABLE; 1. Extent of Preparedness for Transitioning to Greater Flexibility: Before the Full Float; FIGURE; 1. Historical Experiences with Transitions to Exchange Rate Flexibility; References; VII. FINANCIAL SECTOR ISSUES A. Strengthening Bank Capital and Liquidity in Central America: The Road to Basel III B. Balance Sheet Analysis; FIGURE; 1. Gross Financial Assets and Liabilities of Economic Sectors; TABLES; 1. External and Foreign Currency Positions; 2. Net Foreign Currency Debt Position and Exchange Rate Shocks; ANNEXES; I. Net Intersectoral Asset and Liability Positions; II. Bank Heat Maps; References |
Record Nr. | UNINA-9910796935703321 |
Washington, D.C. : , : International Monetary Fund, , 2015 | ||
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Lo trovi qui: Univ. Federico II | ||
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The Euro’s Challenge to the Dollar : : Different Views from Economists and Evidence from COFER (Currency Composition of Foreign Exchange Reserves) and Other Data / / Ewe-Ghee Lim |
Autore | Lim Ewe-Ghee |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2006 |
Descrizione fisica | 1 online resource (40 p.) |
Collana | IMF Working Papers |
Soggetto topico |
Euro-dollar market
Foreign exchange Exports and Imports Finance: General Investments: Bonds Money and Monetary Policy Monetary Systems Standards Regimes Government and the Monetary System Payment Systems International Financial Markets General Financial Markets: General (includes Measurement and Data) Current Account Adjustment Short-term Capital Movements Monetary economics Finance Investment & securities International economics Currencies Currency markets Reserve currencies International bonds Current account deficits Money Foreign exchange market Bonds Balance of payments |
ISBN |
1-4623-2962-4
1-4527-2088-6 1-283-51378-1 9786613826237 1-4519-0919-5 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""I. INTRODUCTION""; ""II. WHY IS THERE A NEED FOR INTERNATIONAL MONEY?""; ""III. CONCEPTUAL FRAMEWORK�FACTORS THAT FACILITATE INTERNATIONAL CURRENCY STATUS""; ""IV. REASONS FOR THE DIFFERENT VIEWS""; ""V. EMPIRICAL EVIDENCE TO DATE ""; ""VI. MEDIUM-TERM PROSPECTS FOR THE EURO""; ""VII. CONCLUSION""; ""BIBLIOGRAPHY"" |
Record Nr. | UNINA-9910788412303321 |
Lim Ewe-Ghee
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Washington, D.C. : , : International Monetary Fund, , 2006 | ||
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Lo trovi qui: Univ. Federico II | ||
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Foreign Exchange Market Organization in Selected Developing and Transition Economies : : Evidence from a Survey / / Jorge Canales Kriljenko |
Autore | Canales Kriljenko Jorge |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2004 |
Descrizione fisica | 1 online resource (47 p.) |
Collana | IMF Working Papers |
Soggetto topico |
Foreign exchange market - Developing countries
Banks and Banking Finance: General Foreign Exchange Money and Monetary Policy International Financial Markets Monetary Systems Standards Regimes Government and the Monetary System Payment Systems Banks Depository Institutions Micro Finance Institutions Mortgages Currency Foreign exchange Finance Monetary economics Banking Currency markets Currencies Exchange rates Foreign exchange market Money Banks and banking |
ISBN |
1-4623-2589-0
1-4527-1499-1 1-281-15551-9 9786613776877 1-4518-9039-7 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""I. INTRODUCTION""; ""II. MAIN CHARACTERISTICS OF FOREIGN EXCHANGE MARKETS IN DEVELOPING COUNTRIES""; ""III. MARKET MICROSTRUCTURE""; ""IV. CLUSTER ANALYSIS: NUMERICAL GROUPING OF MARKET CHARACTERISTICS""; ""V. MAIN FINDINGS AND SUGGESTIONS FOR FUTURE RESEARCH""; ""APPENDIX""; ""REFERENCES"" |
Record Nr. | UNINA-9910788521703321 |
Canales Kriljenko Jorge
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Washington, D.C. : , : International Monetary Fund, , 2004 | ||
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Lo trovi qui: Univ. Federico II | ||
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Global Market Conditions and Systemic Risk / / Brenda Gonzalez-Hermosillo, Heiko Hesse |
Autore | Gonzalez-Hermosillo Brenda |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 22 p. : ill |
Altri autori (Persone) | HesseHeiko |
Collana | IMF Working Papers |
Soggetto topico |
Global Financial Crisis, 2008-2009
Financial crises - Econometric models Risk management - Econometric models Time-series analysis - Econometric models Finance: General Financial Risk Management General Financial Markets: Government Policy and Regulation Financial Crises General Financial Markets: General (includes Measurement and Data) International Financial Markets Finance Economic & financial crises & disasters Systemic risk Financial crises Stock markets Currency markets Interbank markets Financial risk management Stock exchanges Foreign exchange market International finance |
ISBN |
1-4623-8603-2
1-4527-8638-0 1-4518-7377-8 1-282-84431-8 9786612844317 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Record Nr. | UNINA-9910788224403321 |
Gonzalez-Hermosillo Brenda
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Washington, D.C. : , : International Monetary Fund, , 2009 | ||
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Lo trovi qui: Univ. Federico II | ||
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Global Volatility and Forex Returns in East Asia / / Sanjay Kalra |
Autore | Kalra Sanjay |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (33 p.) |
Disciplina | 332.456095 |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Foreign exchange rates - East Asia
Financial crises - East Asia Finance: General Foreign Exchange Money and Monetary Policy International Financial Markets General Financial Markets: General (includes Measurement and Data) Monetary Systems Standards Regimes Government and the Monetary System Payment Systems Currency Foreign exchange Finance Monetary economics Exchange rates Currency markets Stock markets Currencies Foreign exchange market Stock exchanges Money |
ISBN |
1-4623-6386-5
1-4527-5412-8 9786612841590 1-282-84159-9 1-4518-7066-3 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Methodology and Data; III. GARCH Models of East Asian Daily Forex Returns; IV. Empirical Results; A. Sensitivity of Forex Returns to Mature Equity Market Volatility; B. Conditional and Unconditional Volatility of Forex Returns:; C. Subsamples; V. Robustness; VI. Conclusions; Figures; 1. VIX and VDAX Indices; 2. Exchange Rates; 3. Daily Forex Returns; 4. Daily Squared Forex Returns; 5. FIX_AR(2)-GARCH(1,1) Models: Residuals; 6. VIX AR(2)-GARCH(1,1) Models: Squared Residuals; 7. Daily Conditional and Unconditional Volatilities: 2001-07
8. Daily Conditional and Unconditional Volatilities: VIX Models, 2001-03Q29. Daily Conditional and Unconditional Volatilities: VIX Models, 2003Q3-07; 10. Daily Conditional and Unconditional Volatilities: VIX Models, 2001-07; Tables; 1. Daily Foreign Exchange Return: Summary Statistics; 2. VIX and VDAX Indices: Summary Statistics; 3. Exchange Rates and Volatility Indices: Augmented Dickey-Fuller Test Statistics; 4. VAR Lag Order Selection Criteria; 5. Forex Returns and VIX AR(2)-GARCH(1,1) Models, 2001-07; 6. Forex Returns and VIX AR(2)-GARCH(1,1) Models, 2001-03Q2 7. Forex Returns and VIX AR(2)-GARCH(1,1) Models, 2003Q3-078. Forex Returns and VDAX AR(2)-GARCH(1,1) Models, 2001-07; 9. Forex Returns and VDAX AR(2)-GARCH(1,1) Models, 2001-03Q2; 10. Forex Returns and VDAX AR(2)-GARCH(1,1) Models, 2003Q3-0; References |
Record Nr. | UNINA-9910788346303321 |
Kalra Sanjay
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Washington, D.C. : , : International Monetary Fund, , 2008 | ||
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Lo trovi qui: Univ. Federico II | ||
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Indonesia : : Staff Report for the 2013 Article IV Consultation |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2013 |
Descrizione fisica | 1 online resource (101 p.) |
Disciplina | 332.936 |
Collana | IMF Staff Country Reports |
Soggetto topico |
Business
Debt Finance, Personal Banks and Banking Exports and Imports Finance: General Foreign Exchange Public Finance Statistics Banks Depository Institutions Micro Finance Institutions Mortgages International Lending and Debt Problems International Financial Markets General Financial Markets: Government Policy and Regulation Debt Management Sovereign Debt Energy: Demand and Supply Prices Finance International economics Banking Currency Foreign exchange Macroeconomics Public finance & taxation Energy industries & utilities External debt Currency markets Energy subsidies Financial markets Expenditure Public debt Banks and banking Debts, External Foreign exchange market Financial services industry Debts, Public |
ISBN |
1-4755-3679-8
1-4755-9736-3 1-4755-9737-1 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; CONTENTS; GLOSSARY; BACKGROUND AND CONTEXT; BOXES; 1. Recent Policy Measures (Through September 2013); RECENT DEVELOPMENTS, OUTLOOK, AND RISKS; A. Recent Developments and the Near-Term Outlook; B. Risks and Prospects; C. External Position and Debt Sustainability; 2. External Assessment; POLICY ISSUES; A. Monetary and Exchange Rate Policies; 3. Trends in Foreign Exchange Market Development and Functioning; B. Fiscal Policy; C. Financial and Corporate Sector Issues; 4. Corporate External Financing; 5. Financial Market Deepening; D. Medium-Term Policy Priorities
6. Structural Transformation and Labor Market IssuesSTAFF APPRAISAL; FIGURES; 1. Overview; 2. Recent Market Developments; 3. Emerging Markets: Recent Developments; 4. Real Sector Developments; 5. External Sector Developments; 6. Monetary and Interest Rate Developments; 7. Fiscal Developments; 8. Financial and Corporate Sector Soundness Indicators; TABLES; 1. Selected Economic Indicators, 2008-14; 2. Balance of Payments, 2008-14; 3. Selected Vulnerability Indicators, 2008-13; 4. Medium-Term Macroeconomic Framework, 2010-18; 5. Monetary Survey, 2009-August 2013 6. Summary of Central Government Operations, 2009-147. Summary of General Government Operations, 2005-12; 8. Financial Soundness Indicators, 2008-June 2013; APPENDICES; 1. Risk Assessment Matrix; 2. External Vulnerabilities in Perspective; 3. Debt Sustainability; 4. Ensuring a Sustainable Medium-Term Fiscal Framework; 5. Banking Sector Stability; 6. Labor Market Policies and Economic Growth; CONTENTS; FUND RELATIONS; WORLD BANK-IMF COLLABORATION; RELATIONS WITH THE ASIAN DEVELOPMENT BANK; STATISTICAL ISSUES |
Record Nr. | UNINA-9910790716203321 |
Washington, D.C. : , : International Monetary Fund, , 2013 | ||
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Lo trovi qui: Univ. Federico II | ||
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Private Information, Capital Flows, and Exchange Rates / / Jacob Gyntelberg, Subhanij Tientip, Mico Loretan |
Autore | Gyntelberg Jacob |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
Descrizione fisica | 1 online resource (29 p.) |
Altri autori (Persone) |
TientipSubhanij
LoretanMico |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Foreign exchange rates
Foreign exchange Finance: General Foreign Exchange Time-Series Models Dynamic Quantile Regressions Dynamic Treatment Effect Models Diffusion Processes Central Banks and Their Policies International Finance Forecasting and Simulation Information and Market Efficiency Event Studies General Financial Markets: General (includes Measurement and Data) International Financial Markets Finance Currency Stock markets Securities markets Currency markets Exchange rates Financial markets Stock exchanges Capital market Foreign exchange market |
ISBN |
1-4755-1956-7
1-4755-4777-3 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; Contents; I. Introduction; II. The Markets and the Data; A. Sample Period and Foreign Investor Definition; B. The Onshore FX Market; C. The Equity Market; D. The Bond Market; III. Private Information and FX Markets; Tables; 1. Autocorrelations in foreign investors' net daily order flow; IV. Empirical Results; 2. Variable mnemonics and descriptions; A. FX Order Flow Induced by Stock and Bond Market Transactions; 3. Influence of stock and bond market variables on FX flows; B. Order Flow Regression; 4. FX order flow regression
C. Longer-Run Impact of Portions of FX Order Flow on the Exchange Rate Figure; 1. Short and longer-term THB/USD exchange rate responses to FX order flow shocks; D. Possible Alternative Explanations; 1. Hedging Activity; 5. Determinants of FX swap order flow; 2. Carry Trade Activity; V. Concluding Remarks; References |
Record Nr. | UNINA-9910786474503321 |
Gyntelberg Jacob
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Washington, D.C. : , : International Monetary Fund, , 2012 | ||
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Lo trovi qui: Univ. Federico II | ||
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A Puzzle of Microstructure Market Maker Models / / Rafael Romeu |
Autore | Romeu Rafael |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2004 |
Descrizione fisica | 1 online resource (24 p.) |
Collana | IMF Working Papers |
Soggetto topico |
Foreign exchange rates - Econometric models
Foreign exchange market - Econometric models Information theory in finance Finance: General Foreign Exchange Money and Monetary Policy Model Evaluation and Selection International Financial Markets Monetary Systems Standards Regimes Government and the Monetary System Payment Systems Currency Foreign exchange Finance Monetary economics Exchange rates Exchange rate modelling Currency markets Currencies Purchasing power parity Foreign exchange market Money |
ISBN |
1-4623-3295-1
1-4527-2306-0 1-281-11651-3 9786613776440 1-4518-9056-7 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""I. Introduction""; ""II. Reconsidering the Lyons (1995) Result""; ""III. A Puzzle of Microstructure Market Maker Models""; ""IV. Conclusion""; ""References"" |
Record Nr. | UNINA-9910788519903321 |
Romeu Rafael
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Washington, D.C. : , : International Monetary Fund, , 2004 | ||
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Lo trovi qui: Univ. Federico II | ||
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