Accounting for Global Dispersion of Current Accounts / / Jaewoo Lee, Yongsung Chang, Sun-Bin Kim |
Autore | Lee Jaewoo |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 33 p. : ill |
Altri autori (Persone) |
ChangYongsung
KimSun-Bin |
Collana | IMF Working Papers |
Soggetto topico |
Accounting
Deficit financing Exports and Imports Current Account Adjustment Short-term Capital Movements International Investment Long-term Capital Movements Empirical Studies of Trade International economics Current account Foreign assets Trade balance Current account balance Current account imbalances Balance of payments Investments, Foreign Balance of trade |
ISBN |
1-4623-9409-4
1-4527-3895-5 1-282-84463-6 1-4518-7421-9 9786612844638 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Record Nr. | UNINA-9910788222003321 |
Lee Jaewoo
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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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Accounting for Global Dispersion of Current Accounts / / Jaewoo Lee, Yongsung Chang, Sun-Bin Kim |
Autore | Lee Jaewoo |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 33 p. : ill |
Disciplina | 332.152 |
Altri autori (Persone) |
ChangYongsung
KimSun-Bin |
Collana | IMF Working Papers |
Soggetto topico |
Accounting
Deficit financing Exports and Imports Current Account Adjustment Short-term Capital Movements International Investment Long-term Capital Movements Empirical Studies of Trade International economics Current account Foreign assets Trade balance Current account balance Current account imbalances Balance of payments Investments, Foreign Balance of trade |
ISBN |
1-4623-9409-4
1-4527-3895-5 1-282-84463-6 1-4518-7421-9 9786612844638 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | Cover Page -- Title Page -- Copyright Page -- Contents -- I. Introduction -- II. Global Dispersion of Current Accounts -- 1. Current Account to GDP -- 1. Distributions of Current Account, Net Foreign Asset, and Trade Balance -- 2. Net Foreign Asset to GDP -- 3. Trade Balance to GDP -- III. Theory -- A. Motivation -- B. Model -- IV. Quantitative Analysis -- A. Calibration -- 2. Parameters of the Benchmark Model Economy -- B. Benchmark Economy -- 4. Stationary Distribution of Benchmark Economy -- 5. Stationary Distribution of Benchmark Economy -- 3. Standard Deviations of Current Account, Net Foreign Asset, and Trade Balance -- C. Economies under Greater Frictions -- 6. Model Comparison: Current Account/GDP -- D. Comparing Stylized Facts among Model Economies -- 4. Persistence of Current Account, Net Foreign Asset, and Trade Balance -- 5. Distribution of Current Account -- E. Discussion -- V. Conclusion -- A. National Incomes -- B. Current Accounts -- References -- Footnotes. |
Record Nr. | UNINA-9910817159303321 |
Lee Jaewoo
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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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Convergence in Emerging Europe : : Sustainability and Vulnerabilities / / Athanasios Vamvakidis |
Autore | Vamvakidis Athanasios |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (32 p.) |
Disciplina | 337.47 |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Balance of payments - Europe, Eastern
Balance of payments - Europe, Central Convergence (Economics) - Europe Exports and Imports Macroeconomics Current Account Adjustment Short-term Capital Movements Institutions and the Macroeconomy International Lending and Debt Problems International economics Current account deficits Structural reforms External debt Current account balance Current account imbalances Balance of payments Debts, External |
ISBN |
1-4623-4267-1
1-4527-0064-8 1-4518-7039-6 9786612841323 1-282-84132-7 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Emerging Europe's Convergence; III. Estimates from a Production Function; IV. Determinants of Economic Growth; V. Potential Growth; VI. Current Account Balances During Regional Convergence; VII. External indebtedness; VIII. Conclusions and Policy Implications; Figures; 1. Convergence in Emerging Europe and in the Rest of the World, 2003-07; 2. Emerging Europe: Value Added by Sector, Contributions to Real GDP Growth, 2002-06; 3. Emerging Europe: Domestic and External Demand, Contributions to Real GDP Growth, 2002-06; 4. Emerging Europe: Growth Accounting, 2002-06
5. Stock of Private Sector Credit and Per Capita GDP, 2002-20066. Growth and Private Sector Credit Growth, 2002-06; 7. GDP per Capita and Current Account Balances, 2007; 8. Emerging Europe: Contributions to Current Account Deficit, 2003-07; 9. Emerging Europe: FDI Coverage of Current Account Deficit, 2003-07; 10. Emerging Europe: Percentage Change in Export Market Shares in the World Economy, 2003-07; 11. External Debt/GDP, Emerging Europe, 2007; 12. Short-term Debt (Remaining Maturity)/Foreign Reserves, 2007; Tables; 1. GDP Growth and Contributions, Emerging Europe, 2002-2006 2. Determinants of Growth in Emerging Europe, 2003-20073. Potential Growth Based on a Growth Model in Emerging Europe; 4. Potential Growth in Emerging Europe, Alternative Estimates; 5. Sustainability of Current Account Deficits Based on a Model of Regional Convergence, 2003-2007; 6. Responses of External Debt-to-GDP Ratio to Adverse Shocks, 2007-11; References |
Record Nr. | UNINA-9910788233903321 |
Vamvakidis Athanasios
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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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Convergence in Emerging Europe : : Sustainability and Vulnerabilities / / Athanasios Vamvakidis |
Autore | Vamvakidis Athanasios |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (32 p.) |
Disciplina | 337.47 |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Balance of payments - Europe, Eastern
Balance of payments - Europe, Central Convergence (Economics) - Europe Exports and Imports Macroeconomics Current Account Adjustment Short-term Capital Movements Institutions and the Macroeconomy International Lending and Debt Problems International economics Current account deficits Structural reforms External debt Current account balance Current account imbalances Balance of payments Debts, External |
ISBN |
1-4623-4267-1
1-4527-0064-8 1-4518-7039-6 9786612841323 1-282-84132-7 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Emerging Europe's Convergence; III. Estimates from a Production Function; IV. Determinants of Economic Growth; V. Potential Growth; VI. Current Account Balances During Regional Convergence; VII. External indebtedness; VIII. Conclusions and Policy Implications; Figures; 1. Convergence in Emerging Europe and in the Rest of the World, 2003-07; 2. Emerging Europe: Value Added by Sector, Contributions to Real GDP Growth, 2002-06; 3. Emerging Europe: Domestic and External Demand, Contributions to Real GDP Growth, 2002-06; 4. Emerging Europe: Growth Accounting, 2002-06
5. Stock of Private Sector Credit and Per Capita GDP, 2002-20066. Growth and Private Sector Credit Growth, 2002-06; 7. GDP per Capita and Current Account Balances, 2007; 8. Emerging Europe: Contributions to Current Account Deficit, 2003-07; 9. Emerging Europe: FDI Coverage of Current Account Deficit, 2003-07; 10. Emerging Europe: Percentage Change in Export Market Shares in the World Economy, 2003-07; 11. External Debt/GDP, Emerging Europe, 2007; 12. Short-term Debt (Remaining Maturity)/Foreign Reserves, 2007; Tables; 1. GDP Growth and Contributions, Emerging Europe, 2002-2006 2. Determinants of Growth in Emerging Europe, 2003-20073. Potential Growth Based on a Growth Model in Emerging Europe; 4. Potential Growth in Emerging Europe, Alternative Estimates; 5. Sustainability of Current Account Deficits Based on a Model of Regional Convergence, 2003-2007; 6. Responses of External Debt-to-GDP Ratio to Adverse Shocks, 2007-11; References |
Record Nr. | UNINA-9910820683903321 |
Vamvakidis Athanasios
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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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Financial Regulation and the Current Account / / Tomasz Wieladek, Sergi Lanau |
Autore | Wieladek Tomasz |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
Descrizione fisica | 1 online resource (53 p.) |
Altri autori (Persone) | LanauSergi |
Collana | IMF Working Papers |
Soggetto topico |
Balance of payments - Mathematical models
Fiscal policy - Mathematical models Finance, Public - Econometric models Exports and Imports Finance: General Current Account Adjustment Short-term Capital Movements Open Economy Macroeconomics Financial Institutions and Services: Government Policy and Regulation Portfolio Choice Investment Decisions International economics Finance Current account Capital account Liquidity Current account imbalances Current account deficits Balance of payments Asset and liability management Economics |
ISBN |
1-4755-4443-X
1-4755-7854-7 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; Contents; I. Introduction; II. Theory; A. How does financial regulation affect the response of the current account to output shocks?; III. Empirical methodology and data; A. General methodology; B. Identification of net output shocks; Tables; 1. Sign restrictions; C. Estimation and inference; D. Data; IV. Empirical results; 2. Country sample; A. Robustness; V. Conclusion; References; Appendix; A. Appendix; A.1. Deriving the linearized budget constraint; A.2. Derivation of the current account reaction function with external habits and a constant world real interest rate
A.3. Derivation of the current account reaction function with internal habits and a constant world real interest rate A.4. Derivation of the current account reaction function under a stochastic time-varying world real interest rate and no habitual consumption; Figures; 1. Size of current account imbalances; 2. Financial deregulation index; 3. Current account persistence; 4. Impulse response functions to log level net output shock - financial regulation; 5. Impulse response functions to log difference net output shock - financial regulation 6. Impulse response functions to log level net output shock - capital account openness 7. Impulse response functions to log difference net output shock - capital account openness; 8. Impulse response functions to log level output shock - financial regulation controlling for fx regime; 9. Impulse response functions to log difference output shock - financial regulation controlling for fx regime; 10. Impulse response functions to log level output shock - capital account openness controlling for fx regime 11. Impulse response functions to log difference output shock - capital account openness controlling for fx regime 12. Histogram of the square root of λ |
Record Nr. | UNINA-9910779225703321 |
Wieladek Tomasz
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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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Financial Regulation and the Current Account / / Tomasz Wieladek, Sergi Lanau |
Autore | Wieladek Tomasz |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
Descrizione fisica | 1 online resource (53 p.) |
Disciplina | 332.450724 |
Altri autori (Persone) | LanauSergi |
Collana | IMF Working Papers |
Soggetto topico |
Balance of payments - Mathematical models
Fiscal policy - Mathematical models Finance, Public - Econometric models Exports and Imports Finance: General Current Account Adjustment Short-term Capital Movements Open Economy Macroeconomics Financial Institutions and Services: Government Policy and Regulation Portfolio Choice Investment Decisions International economics Finance Current account Capital account Liquidity Current account imbalances Current account deficits Balance of payments Asset and liability management Economics |
ISBN |
1-4755-4443-X
1-4755-7854-7 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; Contents; I. Introduction; II. Theory; A. How does financial regulation affect the response of the current account to output shocks?; III. Empirical methodology and data; A. General methodology; B. Identification of net output shocks; Tables; 1. Sign restrictions; C. Estimation and inference; D. Data; IV. Empirical results; 2. Country sample; A. Robustness; V. Conclusion; References; Appendix; A. Appendix; A.1. Deriving the linearized budget constraint; A.2. Derivation of the current account reaction function with external habits and a constant world real interest rate
A.3. Derivation of the current account reaction function with internal habits and a constant world real interest rate A.4. Derivation of the current account reaction function under a stochastic time-varying world real interest rate and no habitual consumption; Figures; 1. Size of current account imbalances; 2. Financial deregulation index; 3. Current account persistence; 4. Impulse response functions to log level net output shock - financial regulation; 5. Impulse response functions to log difference net output shock - financial regulation 6. Impulse response functions to log level net output shock - capital account openness 7. Impulse response functions to log difference net output shock - capital account openness; 8. Impulse response functions to log level output shock - financial regulation controlling for fx regime; 9. Impulse response functions to log difference output shock - financial regulation controlling for fx regime; 10. Impulse response functions to log level output shock - capital account openness controlling for fx regime 11. Impulse response functions to log difference output shock - capital account openness controlling for fx regime 12. Histogram of the square root of λ |
Record Nr. | UNINA-9910813303303321 |
Wieladek Tomasz
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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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Regional Economic Outlook, May 2011, Europe : : Strengthening the Recovery |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2011 |
Descrizione fisica | 1 online resource (113 p.) |
Collana |
Regional Economic Outlook
World economic and financial surveys |
Soggetto topico |
Economic forecasting - Europe
Economic development - Europe Banks and Banking Exports and Imports Finance: General Labor Macroeconomics Money and Monetary Policy Inflation Current Account Adjustment Short-term Capital Movements Banks Depository Institutions Micro Finance Institutions Mortgages General Financial Markets: General (includes Measurement and Data) Fiscal Policy Price Level Deflation Monetary Policy, Central Banking, and the Supply of Money and Credit: General Debt Debt Management Sovereign Debt Unemployment: Models, Duration, Incidence, and Job Search Demand and Supply of Labor: General International economics Banking Finance Labour income economics Monetary economics Current account balance Current account deficits Financial integration Current account imbalances Balance of payments Financial markets Current account Prices Banks and banking International finance Fiscal policy Credit Debts, Public Unemployment Labor market |
ISBN |
1-4552-8756-3
1-4623-1827-4 1-283-53713-3 9786613849588 1-4623-6973-1 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; Contents; Introduction and Overview; Tables; 1. European Countries: Real GDP Growth and CPI Inflation, 2009-12; 1. Advanced Europe: Tackling the Sovereign Crisis; Recovery Continues; Figures; 1.1. Euro Area: Contributions to GDP Growth, 2006:Q1-2010:Q4; 1.2. Euro Area: Current Crisis Compared with Past Episodes, 1960:Q2-2010:Q4; 1.1. Selected European Countries: Share of Exports by Destination, 2009; 1.3. EA4 and Rest of Euro Area (RoEA): Contributions to GDP Growth, 2008:Q2-2010:Q4; 1.4. Selected European Countries and the United States: Unemployment Rate, January 2006-December 2010
Boxes 1.1. Domestic Demand and Recovery in the Large Euro Area Countries; 1.5. Selected Euro Area Countries: Change in Sovereign and Bank Credit Default Swap (CDS) Spreads, January 2010-March 2011; 1.6. Euro Area: Banking Sector Risk Index, 2007-11; 1.7. Selected European Countries: Key Short-Term Indicators; 1.8. Euro Area: Credit Developments; 1.2. Deleveraging in the Euro Area; 1.9. Selected Advanced Countries: Claims on Domestic Banks and Public Sector; 1.10. Selected European Countries: Headline and Core Inflation, January 2006-March 2011 Turning the Page on the Crisis: Policy Requirements 1.2. Greece, Ireland, Portugal, and Spain: Authorities' Measures to Restore Confidence and Regain Competitiveness; 1.3. Unemployment and Inequality in the Wake of the Crisis; 1.11. Selected Advanced European Countries: Changes in General Government Fiscal Deficits, 2010-13; 1.3. Advanced European Countries: Main Macroeconomic Indicators, 2009-12; 1.12. Selected European Countries: Impact of Fiscal Policies on GDP Growth, 2011-12; 1.13. Selected European Countries: Residential Real Estate Prices 1.4. Selected European Countries: Headline Inflation and Contribution of Food and Fuel Prices 2. Emerging Europe: Underwriting a Solid Recovery; Developments in 2010; 2.1. Emerging Europe: Contributions to GDP Growth, 2010; 2.2. Emerging Europe: Real Exports and Trading Partner Imports, 2009-10; 2.3. Emerging Europe: Real Private Sector Credit Growth; 2.4. Emerging Europe: Unemployment Rate; 2.1. Russia: A Tepid Recovery from a Deep Recession; 2.5. Emerging Europe: Inflation, 2008-10; 2.6. Emerging Europe: Net Capital Inflows; The Outlook for 2011 and 2012 2.2. Turkey's New Monetary Policy Strategy 2.1. Emerging Europe: Growth of Real GDP, Domestic Demand, Exports, and Private Consumption, 2009-12; 2.7. Emerging Europe: Contributions to GDP Growth, 2011-12; 2.8. Emerging Europe: Private Consumption and Investment Ratios, and Employment, 2000-12; 2.9. Emerging Europe and Selected Regions: Real Per Capita GDP Growth; Risks to the Outlook; 2.2. Emerging Europe: CPI Inflation, Current Account Balance, and External Debt, 2009-12; 2.10. Selected Emerging Market Economies: Costs of Funding and Vulnerabilities 2.11. CESE and EA4 Countries: Funding Costs, 2007-11 |
Altri titoli varianti | Europe |
Record Nr. | UNINA-9910779272903321 |
Washington, D.C. : , : International Monetary Fund, , 2011 | ||
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Lo trovi qui: Univ. Federico II | ||
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Regional Economic Outlook, May 2011, Europe : : Strengthening the Recovery |
Edizione | [1st ed.] |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2011 |
Descrizione fisica | 1 online resource (113 p.) |
Collana |
Regional Economic Outlook
World economic and financial surveys |
Soggetto topico |
Economic forecasting - Europe
Economic development - Europe Banks and Banking Exports and Imports Finance: General Labor Macroeconomics Money and Monetary Policy Inflation Current Account Adjustment Short-term Capital Movements Banks Depository Institutions Micro Finance Institutions Mortgages General Financial Markets: General (includes Measurement and Data) Fiscal Policy Price Level Deflation Monetary Policy, Central Banking, and the Supply of Money and Credit: General Debt Debt Management Sovereign Debt Unemployment: Models, Duration, Incidence, and Job Search Demand and Supply of Labor: General International economics Banking Finance Labour income economics Monetary economics Current account balance Current account deficits Financial integration Current account imbalances Balance of payments Financial markets Current account Prices Banks and banking International finance Fiscal policy Credit Debts, Public Unemployment Labor market |
ISBN |
1-4552-8756-3
1-4623-1827-4 1-283-53713-3 9786613849588 1-4623-6973-1 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; Contents; Introduction and Overview; Tables; 1. European Countries: Real GDP Growth and CPI Inflation, 2009-12; 1. Advanced Europe: Tackling the Sovereign Crisis; Recovery Continues; Figures; 1.1. Euro Area: Contributions to GDP Growth, 2006:Q1-2010:Q4; 1.2. Euro Area: Current Crisis Compared with Past Episodes, 1960:Q2-2010:Q4; 1.1. Selected European Countries: Share of Exports by Destination, 2009; 1.3. EA4 and Rest of Euro Area (RoEA): Contributions to GDP Growth, 2008:Q2-2010:Q4; 1.4. Selected European Countries and the United States: Unemployment Rate, January 2006-December 2010
Boxes 1.1. Domestic Demand and Recovery in the Large Euro Area Countries; 1.5. Selected Euro Area Countries: Change in Sovereign and Bank Credit Default Swap (CDS) Spreads, January 2010-March 2011; 1.6. Euro Area: Banking Sector Risk Index, 2007-11; 1.7. Selected European Countries: Key Short-Term Indicators; 1.8. Euro Area: Credit Developments; 1.2. Deleveraging in the Euro Area; 1.9. Selected Advanced Countries: Claims on Domestic Banks and Public Sector; 1.10. Selected European Countries: Headline and Core Inflation, January 2006-March 2011 Turning the Page on the Crisis: Policy Requirements 1.2. Greece, Ireland, Portugal, and Spain: Authorities' Measures to Restore Confidence and Regain Competitiveness; 1.3. Unemployment and Inequality in the Wake of the Crisis; 1.11. Selected Advanced European Countries: Changes in General Government Fiscal Deficits, 2010-13; 1.3. Advanced European Countries: Main Macroeconomic Indicators, 2009-12; 1.12. Selected European Countries: Impact of Fiscal Policies on GDP Growth, 2011-12; 1.13. Selected European Countries: Residential Real Estate Prices 1.4. Selected European Countries: Headline Inflation and Contribution of Food and Fuel Prices 2. Emerging Europe: Underwriting a Solid Recovery; Developments in 2010; 2.1. Emerging Europe: Contributions to GDP Growth, 2010; 2.2. Emerging Europe: Real Exports and Trading Partner Imports, 2009-10; 2.3. Emerging Europe: Real Private Sector Credit Growth; 2.4. Emerging Europe: Unemployment Rate; 2.1. Russia: A Tepid Recovery from a Deep Recession; 2.5. Emerging Europe: Inflation, 2008-10; 2.6. Emerging Europe: Net Capital Inflows; The Outlook for 2011 and 2012 2.2. Turkey's New Monetary Policy Strategy 2.1. Emerging Europe: Growth of Real GDP, Domestic Demand, Exports, and Private Consumption, 2009-12; 2.7. Emerging Europe: Contributions to GDP Growth, 2011-12; 2.8. Emerging Europe: Private Consumption and Investment Ratios, and Employment, 2000-12; 2.9. Emerging Europe and Selected Regions: Real Per Capita GDP Growth; Risks to the Outlook; 2.2. Emerging Europe: CPI Inflation, Current Account Balance, and External Debt, 2009-12; 2.10. Selected Emerging Market Economies: Costs of Funding and Vulnerabilities 2.11. CESE and EA4 Countries: Funding Costs, 2007-11 |
Altri titoli varianti | Europe |
Record Nr. | UNINA-9910821270003321 |
Washington, D.C. : , : International Monetary Fund, , 2011 | ||
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Lo trovi qui: Univ. Federico II | ||
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