Adding Indonesia to the Global Projection Model / / Roberto Garcia-Saltos, Douglas Laxton, Michal Andrle, Haris Munandar, Charles Freedman, Danny Hermawan |
Autore | Garcia-Saltos Roberto |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 57 p. : ill |
Altri autori (Persone) |
LaxtonDouglas
AndrleMichal MunandarHaris FreedmanCharles HermawanDanny |
Collana | IMF Working Papers |
Soggetto topico |
Economic forecasting - Indonesia - Econometric models
Economic forecasting - United States - Econometric models Economic forecasting - Europe - Econometric models Economic forecasting - Japan - Econometric models Inflation (Finance) - Indonesia - Econometric models Inflation (Finance) - United States - Econometric models Inflation (Finance) - Europe - Econometric models Inflation (Finance) - Japan - Econometric models Monetary policy - Indonesia - Econometric models Monetary policy - United States - Econometric models Monetary policy - Europe - Econometric models Monetary policy - Japan - Econometric models Banks and Banking Foreign Exchange Inflation Production and Operations Management Price Level Deflation Macroeconomics: Production Interest Rates: Determination, Term Structure, and Effects Macroeconomics Currency Foreign exchange Finance Real exchange rates Output gap Real interest rates Short term interest rates Prices Production Economic theory Interest rates |
ISBN |
1-4623-8703-9
1-4527-5207-9 1-282-84491-1 9786612844911 1-4519-4171-4 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Record Nr. | UNINA-9910788228703321 |
Garcia-Saltos Roberto
![]() |
||
Washington, D.C. : , : International Monetary Fund, , 2009 | ||
![]() | ||
Lo trovi qui: Univ. Federico II | ||
|
Adding Latin America to the Global Projection Model |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 1 online resource (50 p.) |
Collana | IMF Working Papers |
Soggetto topico |
Globalization - Economic aspects - Latin America
Econometrics Banks and Banking Foreign Exchange Inflation Production and Operations Management Macroeconomics: Production Price Level Deflation Interest Rates: Determination, Term Structure, and Effects Macroeconomics Currency Foreign exchange Finance Output gap Real exchange rates Real interest rates Exchange rates Production Economic theory Prices Interest rates |
ISBN |
1-4623-3357-5
1-4527-5410-1 1-4518-7232-1 1-282-84305-2 9786612843051 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Benchmark Model; A. Background; B. The Specification of the Model; B.1 Observable variables and data definitions; B.2 Stochastic processes and model definitions; B.3 Behavioral equations; B.4 Cross correlations of disturbances; III. Extending the Model to Include Financial-Real Linkages; A. Background; B. Model Specification Incorporating the US Bank Lending Tightening Variable; IV. Confronting the Model with the Data; A. Bayesian Estimation; B. Results; B.1 Estimates of output gap; B.2 Estimates of coefficients
B.3 Estimates of standard deviation of structural shocks and cross correlationsB.4 RMSEs; B.5 Impulse response functions; B.6 Historical variance decomposition; V. Concluding Remarks; References; Appendix Tables; 1. GPM Data Definitions; 2. Trade Matrix (Average 2001-2007, in percent); Figures; 1. Output Gap in LA5; Text Tables; 1. Results from Posterior Maximization; 2. Estimated Parameters in the Output Gap Equation; 3. Estimated Parameters in the Inflation Equation; 4. Estimated Parameters in the Monetary Policy Rule 2. Results from Posterior Parameters (Standard Deviation of Structural Shocks)3. Results from Posterior Parameters (Correlation of Structural Shocks); 4. Root Mean Squared Errors; 5. Domestic Demand Shock; 6. Domestic Price Shock; 7. Demand Shock in the US; 8. BLT Shock in the US; 9. Historical Decomposition of Inflation 2004-08 |
Record Nr. | UNINA-9910788336303321 |
Washington, D.C. : , : International Monetary Fund, , 2009 | ||
![]() | ||
Lo trovi qui: Univ. Federico II | ||
|
Constructing Forecast Confidence Bands During the Financial Crisis / / Kevin Clinton, Marianne Johnson, Huigang Chen, Ondrej Kamenik, Douglas Laxton |
Autore | Clinton Kevin |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 23 p. : ill |
Altri autori (Persone) |
JohnsonMarianne
ChenHuigang KamenikOndrej LaxtonDouglas |
Collana | IMF Working Papers |
Soggetto topico |
Global Financial Crisis, 2008-2009
Financial crises - United States - Econometric models Financial crises - European Union countries - Econometric models Financial crises - Japan - Econometric models Petroleum products - Prices - United States - Econometric models Petroleum products - Prices - European Union countries - Econometric models Petroleum products - Prices - Japan - Econometric models Interest rates - United States - Econometric models Interest rates - European Union countries - Econometric models Interest rates - Japan - Econometric models Bank loans - United States - Econometric models Bank loans - European Union countries - Econometric models Bank loans - Japan - Econometric models Foreign Exchange Inflation Macroeconomics Production and Operations Management Macroeconomics: Production Energy: Demand and Supply Prices Price Level Deflation Currency Foreign exchange Oil prices Output gap Potential output Real exchange rates Production Economic theory |
ISBN |
1-4623-7594-4
1-282-84420-2 1-4527-2887-9 1-4518-7361-1 9786612844201 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Record Nr. | UNINA-9910788225703321 |
Clinton Kevin
![]() |
||
Washington, D.C. : , : International Monetary Fund, , 2009 | ||
![]() | ||
Lo trovi qui: Univ. Federico II | ||
|
Current Account Developments in New Member States of the European Union : : Equilibrium, Excess, and EU-Phoria / / Jesmin Rahman |
Autore | Rahman Jesmin |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2008 |
Descrizione fisica | 1 online resource (36 p.) |
Disciplina | 382.17 |
Collana |
IMF Working Papers
IMF working paper |
Soggetto topico |
Balance of payments - European Union countries
Exports and Imports Macroeconomics Production and Operations Management International Investment Long-term Capital Movements Empirical Studies of Trade Fiscal Policy Macroeconomics: Production Trade: General International economics Finance Foreign direct investment Trade balance Fiscal stance Output gap Exports Investments, Foreign Balance of trade Fiscal policy Production Economic theory |
ISBN |
1-4623-8102-2
1-4527-5816-6 9786612840470 1-282-84047-9 1-4518-6953-3 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; Text Figures; 1. Average CA Balance (Relative to GDP) in New Member States of the EU and Other Emerging Market Countries, 1992-2006; 2. Trend in CA Balances (Relative to GDP) in New Member States of the EU, 1992-2006; II. Estimating CA Norms: The Empirical Framework; III. Estimation Results: Calculting CA Norms; Text Tables; 1. Current Account Regressions: Pooled and Fixed Effect Estimations; 2. Pooled Estimates and Findings of Other Recent Studies; 3. Average Current Account Norms in EU-10 and Other Developing Countries
4. Current Account Regression: Check for Homogeneity in the Sample3. CA Norms in EU-10; IV. CA Balance in EU-10: What Explains Divergence from Norms?; 4. EU-10: Divergence of Actual CA Balances from Annual Norms, 1992-06; 5. Regression Results Explaining Divergence from CA Norms; 5a. EU-10: CA Balances after Accounting for Explanations from CA Norm and Divergence (pooled estimate) Regressions; 5b. EU-10: CA Balances after Accounting for Explanations from CA Norm and Divergence (FE estimate) Regressions 6. Current Account and Export Developments in the Low CAD Group: Czech Republic, Hungary, Poland, Slovakia and Slovenia7. Current Account and Export Developments in the High CAD Group: Bulgaria, Latvia, Lithuania, Estonia and Romania; V. Coming Back to Equilibrium: How Difficult is the Road?; 8. Evolution of Corporate Sector Credit and FDI in EU-10, 2002-06; 9. Stock of Manufacturing FDI in EU-10, 2006; 6. Composition of FDI Stock in High CAD Group, 2006; References; Appendix 1: Contribution of Explanatory Variables to CA norms in EU-10 Appendix 2: Robustness Check for Explanation of CA DivergenceAppendix 3: Data sources |
Record Nr. | UNINA-9910788240503321 |
Rahman Jesmin
![]() |
||
Washington, D.C. : , : International Monetary Fund, , 2008 | ||
![]() | ||
Lo trovi qui: Univ. Federico II | ||
|
Enforcement and the Stability and Growth Pact : : How Fiscal Policy Did and Did Not Change Under Europe’s Fiscal Framework / / Anthony Annett |
Autore | Annett Anthony |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2006 |
Descrizione fisica | 1 online resource (34 p.) |
Collana | IMF Working Papers |
Soggetto topico |
Fiscal policy - European Union countries - Econometric models
Monetary unions - European Union countries - Econometric models Macroeconomics Public Finance Production and Operations Management Fiscal Policy Macroeconomics: Production Fiscal policy Fiscal governance Fiscal stance Output gap Fiscal rules Production Economic theory |
ISBN |
1-4623-3467-9
1-4527-8142-7 1-283-51141-X 1-4519-0910-1 9786613823861 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | ""Contents""; ""I. INTRODUCTION""; ""II. THE POLITICAL ECONOMY OF FISCAL FRAMEWORKS""; ""III. DEVELOPMENTS UNDER THE FISCAL FRAMEWORK""; ""IV. EXPLAINING DIVERGENT COUNTRY EXPERIENCES: EMPIRICAL RESULTS""; ""V. CONCLUSION""; ""REFERENCES"" |
Record Nr. | UNINA-9910788414203321 |
Annett Anthony
![]() |
||
Washington, D.C. : , : International Monetary Fund, , 2006 | ||
![]() | ||
Lo trovi qui: Univ. Federico II | ||
|
Estimating Potential Output in Chile : : A Multivariate Filter for Mining and Non-Mining Sectors / / Patrick Blagrave, Marika Santoro |
Autore | Blagrave Patrick |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2016 |
Descrizione fisica | 1 online resource (33 pages) : illustrations, tables |
Disciplina | 330.983064 |
Altri autori (Persone) | SantoroMarika |
Collana | IMF Working Papers |
Soggetto topico |
Economic indicators - Chile
Economic development - Chile Mineral industries - Chile - Econometric models Macroeconomics Natural Resource Extraction Production and Operations Management Model Construction and Estimation Price Level Inflation Deflation Monetary Policy Macroeconomics: Production Industry Studies: Primary Products and Construction: General Metals and Metal Products Cement Glass Ceramics Production Cost Capital and Total Factor Productivity Capacity Extractive industries Potential output Mining sector Output gap Metal prices Total factor productivity Economic sectors Prices Economic theory Mineral industries Metals Industrial productivity |
ISBN |
1-4755-4493-6
1-4755-4496-0 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Record Nr. | UNINA-9910154898803321 |
Blagrave Patrick
![]() |
||
Washington, D.C. : , : International Monetary Fund, , 2016 | ||
![]() | ||
Lo trovi qui: Univ. Federico II | ||
|
Estimating the Implicit Inflation Target of the South African Reserve Bank / / Nir Klein |
Autore | Klein Nir |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2012 |
Descrizione fisica | 1 online resource (17 p.) |
Collana | IMF Working Papers |
Soggetto topico |
Anti-inflationary policies - South Africa
Banks and Banking Inflation Money and Monetary Policy Production and Operations Management Monetary Policy Central Banks and Their Policies Interest Rates: Determination, Term Structure, and Effects Price Level Deflation Macroeconomics: Production Monetary economics Macroeconomics Banking Inflation targeting Central bank policy rate Output gap Monetary policy Financial services Prices Production Interest rates Economic theory |
ISBN |
1-4755-5760-4
1-4755-8646-9 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover; Contents; I. Introduction; Figures; 1. Inflation Targets in Selected Emerging Markets; II. The Empirical Model; 2. South Africa: Output Gap by Hodric-Presscot Filter; III. Estimation Results under a Constant Natural Real Rate Empirical Model; 3. Inflation and Inflation Expectations; Tables; 1. Estimated Response Function of the SARB; 4. The Estimated Implicit Inflation Target; IV. The Sensitivity of the Results to the Pre-determined Parameters; A. A Random Walk or a Stationary Process?; B. A Different (constant) Natural Real Rate; C. Alternative Signal-to-Noise Ratios
2. Estimated Response Function with a Relaxation of the Random Walk Assumption5. The Estimated Implicit Inflation Target with Different Levels of Natural Real Rate; V. Time-Varying Natural Real Rate; 3. Estimated Response Function with Different Signal-to-Noise Ratios; 6. The Estimated Implicit Inflation Target with Alternative Signal-to-Noise Ratios; 7. The Estimated Time-Varying Natural Interest Rate; 8. The Estimated Implicit Inflation Target with Time-Varying Natural Interest Rate; VI. The Actual versus the Predicted Policy Rate 4. Estimated response function with time-varying natural real rate9. Actual and Predicted Policy Rate; VII. Conclusions; References; Appendix: Table; 1.A Labor Descriptive Statistics, 2001-Q1-2011-Q4; Appendix: Figures; 1.A The Estimated Implicit Inflation Target; 2A. The SARB's Policy Rate |
Record Nr. | UNINA-9910786482603321 |
Klein Nir
![]() |
||
Washington, D.C. : , : International Monetary Fund, , 2012 | ||
![]() | ||
Lo trovi qui: Univ. Federico II | ||
|
Finance and Development, September 2013 |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2013 |
Descrizione fisica | 1 online resource (205 p.) |
Collana | Finance & Development |
Soggetto topico |
Economic assistance
Finance - Developing countries International finance Exports and Imports Macroeconomics Public Finance Production and Operations Management Natural Resources Agricultural and Natural Resource Economics Environmental and Ecological Economics: General Macroeconomics: Production National Government Expenditures and Related Policies: Infrastructures Other Public Investment and Capital Stock Remittances Banks Depository Institutions Micro Finance Institutions Mortgages Energy: General Environmental management Public finance & taxation International economics Investment & securities Natural resources Output gap Public investment spending Banking Environment Production Expenditure Balance of payments Potential output Economic theory Public investments Industrial productivity |
ISBN |
1-4755-6164-4
1-4843-6501-1 1-4843-6846-0 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Cover Page; Title Page; Copyright; Contents; Departments; Also in this Issue; Earth's Precious Resources; Letters to the Editor; In Brief; People in Economics: A Class Act; Too Much of a Good Thing?: For natural resource riches to drive growth and reduce poverty, countries must balance spending now with investing in the future; A Drop in the Bucket: Successful management of water must balance development needs and economic considerations; On the Edge: How oil markets will adjust to high prices is unclear
Extracting Resource Revenue: For countries with abundant oil, gas, and mineral deposits, formulating tax and spending policies can be trickyThe Elusive Revival: The expected boost in growth from natural resource booms is not yet happening; Capital Flight Risk: Natural-resource-rich countries risk capital flight as multinational corporations seek to avoid taxes; Eurasia's Next Frontier: For the Caucasus and Central Asia, natural resource wealth holds the key to achieving emerging market status Picture This: Minerals of the Future: A secure, green, and innovation-filled future awaits us, but only with the help of rocks buried deep in the groundA Bumpy Road Ahead: Latin America needs large and sustained productivity gains to maintain its recent strong growth; Back to Basics: What Is the Output Gap?; Closer to Home: Despite all the talk of globalization, business cycles seem to be becoming more regional; A Big Question on Small States: Can they overcome their size-related vulnerabilities and grow faster and more consistently? Beyond the Household: Remittances that migrants send home to their families also have a major impact on the overall economyStrength in Lending: Strong balance sheets help banks sustain credit to the economy during crises; Book Reviews |
Record Nr. | UNINA-9910787508503321 |
Washington, D.C. : , : International Monetary Fund, , 2013 | ||
![]() | ||
Lo trovi qui: Univ. Federico II | ||
|
Fiscal and Monetary Policy During Downturns : : Evidence From the G7 / / Sven Jari Stehn, Daniel Leigh |
Autore | Stehn Sven Jari |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 1 online resource (23 p.) |
Altri autori (Persone) | LeighDaniel |
Collana | IMF Working Papers |
Soggetto topico |
Fiscal policy
Monetary policy Macroeconomics Public Finance Production and Operations Management Fiscal Policy Comparative or Joint Analysis of Fiscal and Monetary Policy Stabilization Treasury Policy National Government Expenditures and Related Policies: General Macroeconomics: Production Public finance & taxation Fiscal stance Fiscal stimulus Output gap Current spending Production Expenditure Economic theory Expenditures, Public |
ISBN |
1-4623-1542-9
1-4527-0668-9 1-4518-7198-8 9786612842726 1-282-84272-2 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction and Summary; II. Event-Study Analysis; A. Data and Methodology; B. Results; Tables; 1. How Often and Quickly did Fiscal Stimulus Arriva During Downturns?; III. Vector-Autoregression (VAR) Analysis; A. Methodology; 2. How Often and Quickly did Fiscal Stimulus Arrive During Upturns?; B. Baseline Results; Figures; 1. How Strongly do Fiscal and Monetary Policy Respond?; 2. How does the Response Vary Across Fiscal Instruments and G7 Members?; 3. How Robust is the Response to the Cyclical Indicator?; C. Asymmetry; 4. Is There a Bias Towards Easing in Downturn?
D. Policy in Real Time5. Errors in Identifying Negative Growth in the G7; 3. How Reliable are Preliminary Growth Estimates?; 6. Has Policy Erroneously Responded to Perceived Growth Shocks?; IV. Case Study: Have U.S. Tax Cuts Been Timely and Temporary?; V. Conclusion; 4. Legislated Tax Changes During Downturns; 5. Summary of Countercyclical Tax Changes; References |
Record Nr. | UNINA-9910788339003321 |
Stehn Sven Jari
![]() |
||
Washington, D.C. : , : International Monetary Fund, , 2009 | ||
![]() | ||
Lo trovi qui: Univ. Federico II | ||
|
Fiscal Incentive Effects of the German Equalization System / / Sven Jari Stehn, Annalisa Fedelino |
Autore | Stehn Sven Jari |
Pubbl/distr/stampa | Washington, D.C. : , : International Monetary Fund, , 2009 |
Descrizione fisica | 1 online resource (31 p.) |
Altri autori (Persone) | FedelinoAnnalisa |
Collana | IMF Working Papers |
Soggetto topico |
Intergovernmental fiscal relations - Germany
Fiscal policy - Germany Macroeconomics Public Finance Production and Operations Management Fiscal Policy National Government Expenditures and Related Policies: General Macroeconomics: Production Taxation, Subsidies, and Revenue: General Public finance & taxation Expenditure Fiscal policy Output gap Fiscal sustainability Revenue administration Expenditures, Public Production Economic theory Revenue |
ISBN |
1-4623-6989-8
1-4527-6116-7 1-282-84338-9 1-4518-7271-2 9786612843389 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Contents; I. Introduction; II. Fiscal Discipline and Fiscal Transfers: A Difficult Nexus; Figures; 1. Subnational Shares in Total Spending and Revenue, 2006; 2. Comparative Composition of Subnational Revenue; A. Germany's Transfer System; 3. Net Contributing and Net Receiving Länder; 4. Evolution of the Transfer System; B. Potential Implications of Transfers; 5. Debt by Government Level; 6: Länder Debt; III. Framework, Methodology, and Data; A. The Inter-Temporal Budget Constraint; B. Cyclicality; C. Data; IV. Empirical Analysis; Tables; 1. Germany: Descriptive Statistics, 1985-2007
A. Univariate Analysis: Fiscal Reaction Functions2. Fiscal Behavior of the Old Länder, 1985-2007; 3. Behavior of Primary Expenditure for Länder, 1985-2007; 4. Robustness Check I: Behavior of Primary Expenditure for Länder, 1985-2007; B. Multivariate Analysis: VARs; 5. Robustness Check II: Behavior of Primary Expenditure; 7. Länder Behavior and Average Received Transfers, 1985-2007; 8. Output Gap Shock; V. Policy Implications and Conclusions; 9. Primary Spending Shock; Appendix I; Appendix Table 6: Unit root tests; References |
Record Nr. | UNINA-9910788333503321 |
Stehn Sven Jari
![]() |
||
Washington, D.C. : , : International Monetary Fund, , 2009 | ||
![]() | ||
Lo trovi qui: Univ. Federico II | ||
|