Bolivia : : The Hydrocarbons Boom and the Risk of Dutch Disease / / Eugenio Cerutti, Mario Mansilla
| Bolivia : : The Hydrocarbons Boom and the Risk of Dutch Disease / / Eugenio Cerutti, Mario Mansilla |
| Autore | Cerutti Eugenio |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
| Descrizione fisica | 1 online resource (22 p.) |
| Disciplina | 628.161 |
| Altri autori (Persone) | MansillaMario |
| Collana |
IMF Working Papers
IMF working paper |
| Soggetto topico |
Hydrocarbons - Economic aspects - Bolivia
Foreign exchange rates - Bolivia Exports and Imports Foreign Exchange Economic Theory Industries: Energy Trade: General Hydrocarbon Resources Resource Booms Currency Foreign exchange International economics Petroleum, oil & gas industries Economic theory & philosophy Real exchange rates Exports Natural gas sector Dutch disease Real effective exchange rates Gas industry Economic forecasting |
| ISBN |
1-4623-0232-7
1-4527-7128-6 9786612841057 1-282-84105-X 1-4518-7012-4 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Contents; I. Introduction; II. Key Developments in the Hydrocarbons Sector; Figures; 1. Foreign Direct Investment by Sectors; 2. Natural Gas Reserves; A. Looming Capacity Constraints and Prospects for Additional Investments; 3. Natural Gas Sales Volume; B. Recent Institutional Changes and Possible Impact on Investment; III. Hydrocarbons Boom and Risk of Dutch Disease; A. Evolution of the real exchange rate; 4. Distribution of Gas Exports Receipts and Fiscal Balances; 5. Real and Nominal Exchange Rate; 6. Inflation and Relative Prices; IV. Policy Implications
7. External Sector Performance and Growth Appendix: Equilibrium Real Exchange Rate; References |
| Record Nr. | UNINA-9910788320303321 |
Cerutti Eugenio
|
||
| Washington, D.C. : , : International Monetary Fund, , 2008 | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Bolivia : : The Hydrocarbons Boom and the Risk of Dutch Disease / / Eugenio Cerutti, Mario Mansilla
| Bolivia : : The Hydrocarbons Boom and the Risk of Dutch Disease / / Eugenio Cerutti, Mario Mansilla |
| Autore | Cerutti Eugenio |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
| Descrizione fisica | 1 online resource (22 p.) |
| Disciplina | 628.161 |
| Altri autori (Persone) | MansillaMario |
| Collana |
IMF Working Papers
IMF working paper |
| Soggetto topico |
Hydrocarbons - Economic aspects - Bolivia
Foreign exchange rates - Bolivia Currency Dutch disease Economic forecasting Economic theory & philosophy Economic Theory Exports and Imports Exports Foreign Exchange Foreign exchange Gas industry Hydrocarbon Resources Industries: Energy International economics Natural gas sector Petroleum, oil & gas industries Real effective exchange rates Real exchange rates Resource Booms Trade: General |
| ISBN |
9786612841057
9781462302321 1462302327 9781452771281 1452771286 9781282841055 128284105X 9781451870121 1451870124 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Contents; I. Introduction; II. Key Developments in the Hydrocarbons Sector; Figures; 1. Foreign Direct Investment by Sectors; 2. Natural Gas Reserves; A. Looming Capacity Constraints and Prospects for Additional Investments; 3. Natural Gas Sales Volume; B. Recent Institutional Changes and Possible Impact on Investment; III. Hydrocarbons Boom and Risk of Dutch Disease; A. Evolution of the real exchange rate; 4. Distribution of Gas Exports Receipts and Fiscal Balances; 5. Real and Nominal Exchange Rate; 6. Inflation and Relative Prices; IV. Policy Implications
7. External Sector Performance and Growth Appendix: Equilibrium Real Exchange Rate; References |
| Record Nr. | UNINA-9910962138003321 |
Cerutti Eugenio
|
||
| Washington, D.C. : , : International Monetary Fund, , 2008 | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
The Economy of the Middle East and North Africa in 1997 / / Mohamed El-Erian, Susan Fennell
| The Economy of the Middle East and North Africa in 1997 / / Mohamed El-Erian, Susan Fennell |
| Autore | El-Erian Mohamed |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 1997 |
| Descrizione fisica | 1 online resource (50 p.) |
| Disciplina | 330.956/053 |
| Altri autori (Persone) | FennellSusan |
| Collana | Books |
| Soggetto topico |
Investments: Energy
Exports and Imports Finance: General Macroeconomics Industries: Energy Macroeconomics: Production Energy: General Energy: Demand and Supply Prices Hydrocarbon Resources General Financial Markets: General (includes Measurement and Data) Petroleum, oil & gas industries Investment & securities Finance Privatization Oil production Oil Oil prices Natural gas sector Stock markets Production Commodities Economic sectors Financial markets Petroleum industry and trade Gas industry Stock exchanges |
| ISBN |
1-4623-1190-3
1-4552-6979-4 1-283-53438-X 9786613846839 1-4552-9902-2 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | ""Acknowledgments""; ""Contents""; ""Executive Summary""; ""I. Introduction""; ""II. Recent Developments in the Macroeconomy""; ""III. The Intensification of Structural Reforms""; ""IV. The Next Step Forward""; ""V. Conclusion""; ""MENA at a Glance""; ""Economic Developments in the GCC Economies""; ""GCC Oil and Natural Gas""; ""References""; ""Recent IMF Publications on the Middle East and North Africa Region (1994-97)"" |
| Record Nr. | UNINA-9910780757303321 |
El-Erian Mohamed
|
||
| Washington, D.C. : , : International Monetary Fund, , 1997 | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
The Economy of the Middle East and North Africa in 1997 / / Mohamed El-Erian, Susan Fennell
| The Economy of the Middle East and North Africa in 1997 / / Mohamed El-Erian, Susan Fennell |
| Autore | El-Erian Mohamed |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 1997 |
| Descrizione fisica | 1 online resource (50 p.) |
| Disciplina | 330.956/053 |
| Altri autori (Persone) | FennellSusan |
| Collana | Books |
| Soggetto topico |
Commodities
Economic sectors Energy: Demand and Supply Energy: General Exports and Imports Finance Finance: General Financial markets Gas industry General Financial Markets: General (includes Measurement and Data) Hydrocarbon Resources Industries: Energy Investment & securities Investments: Energy Macroeconomics Macroeconomics: Production Natural gas sector Oil prices Oil production Oil Petroleum industry and trade Petroleum, oil & gas industries Prices Privatization Production Stock exchanges Stock markets |
| ISBN |
9786613846839
9781462311903 1462311903 9781455269792 1455269794 9781283534383 128353438X 9781455299027 1455299022 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | ""Acknowledgments""; ""Contents""; ""Executive Summary""; ""I. Introduction""; ""II. Recent Developments in the Macroeconomy""; ""III. The Intensification of Structural Reforms""; ""IV. The Next Step Forward""; ""V. Conclusion""; ""MENA at a Glance""; ""Economic Developments in the GCC Economies""; ""GCC Oil and Natural Gas""; ""References""; ""Recent IMF Publications on the Middle East and North Africa Region (1994-97)"" |
| Record Nr. | UNINA-9910956062003321 |
El-Erian Mohamed
|
||
| Washington, D.C. : , : International Monetary Fund, , 1997 | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Emergence of the Gulf of Guinea in the Global Economy : : Prospects and Challenges / / Damian Ondo Mañe
| Emergence of the Gulf of Guinea in the Global Economy : : Prospects and Challenges / / Damian Ondo Mañe |
| Autore | Ondo Mañe Damian |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2005 |
| Descrizione fisica | 1 online resource (26 p.) |
| Collana | IMF Working Papers |
| Soggetto topico |
Fiscal policy - Guinea, Gulf of
Investments: Energy Macroeconomics Taxation Industries: Energy Natural Resources Energy: General Hydrocarbon Resources Agricultural and Natural Resource Economics Environmental and Ecological Economics: General Energy: Demand and Supply Prices Business Taxes and Subsidies Investment & securities Petroleum, oil & gas industries Environmental management Public finance & taxation Oil Natural gas sector Natural resources Oil prices Oil, gas and mining taxes Petroleum industry and trade Gas industry |
| ISBN |
1-4623-1047-8
1-4527-0273-X 1-282-39197-6 9786613820402 1-4519-0790-7 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | ""Contents""; ""I. INTRODUCTION: COMPARATIVE ADVANTAGE""; ""II. GROWING INTEREST IN THE REGION""; ""III. COPING WITH THE OBSTACLES TO THE REGION�S DEVELOPMENT""; ""IV. A FEW IDEAS FOR THE DEVELOPMENT OF THE REGION""; ""V. CONCLUSIONS AND RECOMMENDATIONS""; ""References"" |
| Record Nr. | UNINA-9910788521103321 |
Ondo Mañe Damian
|
||
| Washington, D.C. : , : International Monetary Fund, , 2005 | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Emergence of the Gulf of Guinea in the Global Economy : : Prospects and Challenges / / Damian Ondo Mañe
| Emergence of the Gulf of Guinea in the Global Economy : : Prospects and Challenges / / Damian Ondo Mañe |
| Autore | Ondo Mañe Damian |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2005 |
| Descrizione fisica | 1 online resource (26 p.) |
| Collana | IMF Working Papers |
| Soggetto topico |
Fiscal policy - Guinea, Gulf of
Agricultural and Natural Resource Economics Business Taxes and Subsidies Energy: Demand and Supply Energy: General Environmental and Ecological Economics: General Environmental management Gas industry Hydrocarbon Resources Industries: Energy Investment & securities Investments: Energy Macroeconomics Natural gas sector Natural Resources Natural resources Oil prices Oil Oil, gas and mining taxes Petroleum industry and trade Petroleum, oil & gas industries Prices Public finance & taxation Taxation |
| ISBN |
9786613820402
9781462310470 1462310478 9781452702735 145270273X 9781282391970 1282391976 9781451907902 1451907907 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | ""Contents""; ""I. INTRODUCTION: COMPARATIVE ADVANTAGE""; ""II. GROWING INTEREST IN THE REGION""; ""III. COPING WITH THE OBSTACLES TO THE REGION�S DEVELOPMENT""; ""IV. A FEW IDEAS FOR THE DEVELOPMENT OF THE REGION""; ""V. CONCLUSIONS AND RECOMMENDATIONS""; ""References"" |
| Record Nr. | UNINA-9910961253003321 |
Ondo Mañe Damian
|
||
| Washington, D.C. : , : International Monetary Fund, , 2005 | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Environmental Tax Reform : : Principles from Theory and Practice to Date / / Ian Parry, John Norregaard, Dirk Heine
| Environmental Tax Reform : : Principles from Theory and Practice to Date / / Ian Parry, John Norregaard, Dirk Heine |
| Autore | Parry Ian |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
| Descrizione fisica | 1 online resource (40 p.) |
| Altri autori (Persone) |
NorregaardJohn
HeineDirk |
| Collana | IMF Working Papers |
| Soggetto topico |
Environmental policy
Taxation - Reform Public Finance Taxation Industries: Energy Environmental Economics Environmental Economics: Government Policy Nonrenewable Resources and Conservation: Government Policy Taxation and Subsidies: Externalities Redistributive Effects Environmental Taxes and Subsidies Energy: Government Policy Business Taxes and Subsidies Environmental Economics: General Hydrocarbon Resources National Government Expenditures and Related Policies: General Public finance & taxation Excise taxes Environmental economics Petroleum, oil & gas industries Environmental taxes Fuel tax Environment Natural gas sector Public expenditure review Taxes Economic sectors Expenditure Environmental impact charges Motor fuels;Taxation Environmental sciences Gas industry Expenditures, Public |
| ISBN |
1-4755-2414-5
1-4755-5235-1 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cover; Abstract; Contents; I. Introduction; Figures; 1. Revenues from Environmentally Related Taxation, 2008; II. Principles of Environmental Tax Design; A. Tax Design in a (Hypothetical) Economy with a Single Externality Distortion; 2. Welfare Effects of Environmental Taxes in the Pigouvian Framework; Boxes; 1. Uncertainties in Measuring Local Pollution Damages; 2. The Problems with Tax 'Notches'; B. Multiple-Externality Situations; C. Other Pre-Existing Distortions; 3. Distortions in Technology Markets; 4. Coverage of Energy under the Value-Added Tax System
D. Some Practical Concerns: Distribution and CompetitivenessE. Summary; III. Environmental Tax Systems and Reforms: The Case of Germany, Sweden, Turkey, and Vietnam; 5. Environmental Tax Reforms in Sweden, Germany, Turkey, and Vietnam; A. Comparing Energy Systems in Sweden, Germany, Turkey, and Vietnam; 3. Fuel Mix in Electricity Generation; B. Externality Assessment; 4. Fuel Mix in Total Energy Consumption; C. Evaluating Environmental Tax Systems; 5. Coal Externalities and Taxes; 6. Natural Gas Externalities and Taxes; 7. Light Fuel Oil Externalities and Taxes; D. Conclusion; References |
| Record Nr. | UNINA-9910786479903321 |
Parry Ian
|
||
| Washington, D.C. : , : International Monetary Fund, , 2012 | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Environmental Tax Reform : : Principles from Theory and Practice to Date / / Ian Parry, John Norregaard, Dirk Heine
| Environmental Tax Reform : : Principles from Theory and Practice to Date / / Ian Parry, John Norregaard, Dirk Heine |
| Autore | Parry Ian |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
| Descrizione fisica | 1 online resource (40 p.) |
| Disciplina | 332.1 |
| Altri autori (Persone) |
HeineDirk
NorregaardJohn |
| Collana | IMF Working Papers |
| Soggetto topico |
Environmental policy
Taxation - Reform Business Taxes and Subsidies Economic sectors Energy: Government Policy Environment Environmental Economics Environmental economics Environmental Economics: General Environmental Economics: Government Policy Environmental impact charges Environmental sciences Environmental Taxes and Subsidies Environmental taxes Excise taxes Expenditure Expenditures, Public Fuel tax Gas industry Hydrocarbon Resources Industries: Energy Motor fuels;Taxation National Government Expenditures and Related Policies: General Natural gas sector Nonrenewable Resources and Conservation: Government Policy Petroleum, oil & gas industries Public expenditure review Public finance & taxation Public Finance Redistributive Effects Taxation and Subsidies: Externalities Taxation Taxes |
| ISBN |
9781475524147
1475524145 9781475552355 1475552351 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cover; Abstract; Contents; I. Introduction; Figures; 1. Revenues from Environmentally Related Taxation, 2008; II. Principles of Environmental Tax Design; A. Tax Design in a (Hypothetical) Economy with a Single Externality Distortion; 2. Welfare Effects of Environmental Taxes in the Pigouvian Framework; Boxes; 1. Uncertainties in Measuring Local Pollution Damages; 2. The Problems with Tax 'Notches'; B. Multiple-Externality Situations; C. Other Pre-Existing Distortions; 3. Distortions in Technology Markets; 4. Coverage of Energy under the Value-Added Tax System
D. Some Practical Concerns: Distribution and CompetitivenessE. Summary; III. Environmental Tax Systems and Reforms: The Case of Germany, Sweden, Turkey, and Vietnam; 5. Environmental Tax Reforms in Sweden, Germany, Turkey, and Vietnam; A. Comparing Energy Systems in Sweden, Germany, Turkey, and Vietnam; 3. Fuel Mix in Electricity Generation; B. Externality Assessment; 4. Fuel Mix in Total Energy Consumption; C. Evaluating Environmental Tax Systems; 5. Coal Externalities and Taxes; 6. Natural Gas Externalities and Taxes; 7. Light Fuel Oil Externalities and Taxes; D. Conclusion; References |
| Record Nr. | UNINA-9910965776903321 |
Parry Ian
|
||
| Washington, D.C. : , : International Monetary Fund, , 2012 | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Mexico : : Selected Issues
| Mexico : : Selected Issues |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2014 |
| Descrizione fisica | 1 online resource (67 p.) |
| Disciplina | 330.90511 |
| Collana | IMF Staff Country Reports |
| Soggetto topico |
Global Financial Crisis, 2008-2009
Financial crises - Mexico Economic development - Mexico Investments: Energy Investments: Bonds Industries: Energy Industries: Manufacturing Industries: Financial Services General Financial Markets: General (includes Measurement and Data) Hydrocarbon Resources Pension Funds Non-bank Financial Institutions Financial Instruments Institutional Investors Electric Utilities Industry Studies: Manufacturing: General Investment & securities Petroleum, oil & gas industries Finance Manufacturing industries International economics Natural gas sector Mutual funds Bond yields Sovereign bonds Electricity Economic sectors Financial institutions Commodities Bonds Gas industry Electric utilities |
| ISBN |
1-4843-1312-7
1-4983-9587-2 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cover; Contents; THE IMPACT OF MEXICO'S ENERGY REFORM ON HYDROCARBONS PRODUCTION; A. Current Challenges in the Energy Industry; B. Most Significant Reform Effort in 75 Years; C. Impact on Energy Production; D. Resource Blessed; E. How Long Does it Take?; F. Production Scenarios; FIGURES; 1. Illustrative Baseline Scenarios; 2. Illustrative Downside Scenarios; G. How Much Investment and FDI?; H. Natural Gas Imports and Transport; I. Electricity Reform; J. Conclusion; References; MADE IN MEXICO: THE ENERGY REFORM AND MANUFACTURING OUTPUT; A. Introduction
B. The Mexican Manufacturing Sector Since NAFTAC. The Energy Reform: How Much of a Boost for Mexican Manufacturing?; D. Are There Additional Indirect Effects Through Spillovers?; E. Concluding Remarks and Policy Implications; References; TABLES; 1. Energy Consumption (in Petajoules) of the Industrial Sector; 2. Estimates of Elasticities of Manufacturing Output to Energy Prices; 3. Estimates of Elasticities When Energy Inputs Enter Separately; 4. Differential Effects Across Subsectors; APPENDIX; I. Panel VAR model; APPENDIX FIGURES 1. Impulse Response Functions to a Rise in Electricity Prices with Subsector Spillovers 2. Impulse Response Functions to a Rise in Electricity Prices with Regional Spillovers; CAPITAL FLOW VOLATILITY AND INVESTOR BEHAVIOUR IN MEXICO; A. Introduction; B. Recent Episodes of Extreme Capital Movements in Mexico; FIGURES; 1. Mexico: Extreme Capital Flow Episodes; C. Behavior of Foreign and Domestic Mutual Funds in Mexico; 2. Evidence of Herding (net sellers as a percent of total funds); 3. Evidence of Herding (based on the herding index) D. Does Foreign Participation Amplify External Shock? A Time-Series Analysis of Mexican Sovereign Bond Market E. Concluding Remarks; BOXES; 1. OLS and Multivariate GARCH Models; 2. Data on Foreign Mutual Funds; TABLES; 1a. Bond Funds: Evidence of Positive Feedback Trading Behavior; 1b. Equity Funds: Evidence of Positive Feedback Trading Behavior; 2a. Robustness Check (1)-Using a Longer Sample for Foreign Mutual Funds; 2b. Robustness Check (2)-Using Dollar-Denominated Return on the 3-month Government Bonds; 3a. OLS Regression Results (VIX Shock); 3b. OLS Regression Results (U.S. Tapering Shock) 4a. Multivariate GARCH Results (VIX Shock)4b. Multivariate GARCH Results (U.S. Tapering Shock); References |
| Record Nr. | UNINA-9910788177103321 |
| Washington, D.C. : , : International Monetary Fund, , 2014 | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Mexico : : Selected Issues
| Mexico : : Selected Issues |
| Edizione | [1st ed.] |
| Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2014 |
| Descrizione fisica | 1 online resource (67 p.) |
| Disciplina | 330.90511 |
| Collana | IMF Staff Country Reports |
| Soggetto topico |
Global Financial Crisis, 2008-2009
Financial crises - Mexico Economic development - Mexico Investments: Energy Investments: Bonds Industries: Energy Industries: Manufacturing Industries: Financial Services General Financial Markets: General (includes Measurement and Data) Hydrocarbon Resources Pension Funds Non-bank Financial Institutions Financial Instruments Institutional Investors Electric Utilities Industry Studies: Manufacturing: General Investment & securities Petroleum, oil & gas industries Finance Manufacturing industries International economics Natural gas sector Mutual funds Bond yields Sovereign bonds Electricity Economic sectors Financial institutions Commodities Bonds Gas industry Electric utilities |
| ISBN |
9781484313121
1484313127 9781498395878 1498395872 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cover; Contents; THE IMPACT OF MEXICO'S ENERGY REFORM ON HYDROCARBONS PRODUCTION; A. Current Challenges in the Energy Industry; B. Most Significant Reform Effort in 75 Years; C. Impact on Energy Production; D. Resource Blessed; E. How Long Does it Take?; F. Production Scenarios; FIGURES; 1. Illustrative Baseline Scenarios; 2. Illustrative Downside Scenarios; G. How Much Investment and FDI?; H. Natural Gas Imports and Transport; I. Electricity Reform; J. Conclusion; References; MADE IN MEXICO: THE ENERGY REFORM AND MANUFACTURING OUTPUT; A. Introduction
B. The Mexican Manufacturing Sector Since NAFTAC. The Energy Reform: How Much of a Boost for Mexican Manufacturing?; D. Are There Additional Indirect Effects Through Spillovers?; E. Concluding Remarks and Policy Implications; References; TABLES; 1. Energy Consumption (in Petajoules) of the Industrial Sector; 2. Estimates of Elasticities of Manufacturing Output to Energy Prices; 3. Estimates of Elasticities When Energy Inputs Enter Separately; 4. Differential Effects Across Subsectors; APPENDIX; I. Panel VAR model; APPENDIX FIGURES 1. Impulse Response Functions to a Rise in Electricity Prices with Subsector Spillovers 2. Impulse Response Functions to a Rise in Electricity Prices with Regional Spillovers; CAPITAL FLOW VOLATILITY AND INVESTOR BEHAVIOUR IN MEXICO; A. Introduction; B. Recent Episodes of Extreme Capital Movements in Mexico; FIGURES; 1. Mexico: Extreme Capital Flow Episodes; C. Behavior of Foreign and Domestic Mutual Funds in Mexico; 2. Evidence of Herding (net sellers as a percent of total funds); 3. Evidence of Herding (based on the herding index) D. Does Foreign Participation Amplify External Shock? A Time-Series Analysis of Mexican Sovereign Bond Market E. Concluding Remarks; BOXES; 1. OLS and Multivariate GARCH Models; 2. Data on Foreign Mutual Funds; TABLES; 1a. Bond Funds: Evidence of Positive Feedback Trading Behavior; 1b. Equity Funds: Evidence of Positive Feedback Trading Behavior; 2a. Robustness Check (1)-Using a Longer Sample for Foreign Mutual Funds; 2b. Robustness Check (2)-Using Dollar-Denominated Return on the 3-month Government Bonds; 3a. OLS Regression Results (VIX Shock); 3b. OLS Regression Results (U.S. Tapering Shock) 4a. Multivariate GARCH Results (VIX Shock)4b. Multivariate GARCH Results (U.S. Tapering Shock); References |
| Record Nr. | UNINA-9910958215803321 |
| Washington, D.C. : , : International Monetary Fund, , 2014 | ||
| Lo trovi qui: Univ. Federico II | ||
| ||