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Asset Market Participation, Monetary Policy Rules, and the Great Inflation / / Florin Bilbiie, Roland Straub
Asset Market Participation, Monetary Policy Rules, and the Great Inflation / / Florin Bilbiie, Roland Straub
Autore Bilbiie Florin
Pubbl/distr/stampa Washington, D.C. : , : International Monetary Fund, , 2006
Descrizione fisica 1 online resource (34 p.)
Altri autori (Persone) StraubRoland
Collana IMF Working Papers
Soggetto topico Inflation (Finance)
Monetary policy
Banks and Banking
Finance: General
Inflation
Macroeconomics
Price Level
Deflation
Business Fluctuations
Cycles
Financial Markets and the Macroeconomy
Monetary Policy
Central Banks and Their Policies
Studies of Particular Policy Episodes
Economic History: Macroeconomics
Growth and Fluctuations: U.S
Canada: 1913-
Economic History: Financial Markets and Institutions: U.S
General Financial Markets: General (includes Measurement and Data)
Macroeconomics: Consumption
Saving
Wealth
Interest Rates: Determination, Term Structure, and Effects
Finance
Securities markets
Consumption
Hyperinflation
Real interest rates
Financial markets
Prices
National accounts
Financial services
Capital market
Economics
Interest rates
ISBN 1-4623-6796-8
1-4527-8747-6
1-282-58659-9
9786613822536
1-4519-9219-X
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto ""Contents""; ""I. Introduction""; ""II. Limited Asset Market Participation and Monetary Policy: Some Theory""; ""III. Empirical Evidence""; ""IV. Change in Structure of Economy or in Distribution of Shocks?""; ""V. Conclusions""; ""General Model""
Record Nr. UNINA-9910788519203321
Bilbiie Florin  
Washington, D.C. : , : International Monetary Fund, , 2006
Materiale a stampa
Lo trovi qui: Univ. Federico II
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Bond Markets As Conduits for Capital Flows : : How Does Asia Compare? / / Pipat Luengnaruemitchai, Barry Eichengreen
Bond Markets As Conduits for Capital Flows : : How Does Asia Compare? / / Pipat Luengnaruemitchai, Barry Eichengreen
Autore Luengnaruemitchai Pipat
Pubbl/distr/stampa Washington, D.C. : , : International Monetary Fund, , 2006
Descrizione fisica 1 online resource (44 p.)
Altri autori (Persone) EichengreenBarry
Collana IMF Working Papers
Soggetto topico Investments, Foreign - Asia - Mathematical models
Capital movements - Asia
Banks and Banking
Finance: General
Investments: General
Investments: Bonds
Industries: Financial Services
General Financial Markets: General (includes Measurement and Data)
Banks
Depository Institutions
Micro Finance Institutions
Mortgages
Pension Funds
Non-bank Financial Institutions
Financial Instruments
Institutional Investors
Investment & securities
Finance
Banking
Bonds
Securities markets
Securities
Mutual funds
Capital market
Banks and banking
Financial instruments
ISBN 1-4623-9116-8
1-4527-4509-9
1-283-51795-7
1-4519-0951-9
9786613830401
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto ""Contents""; ""I. INTRODUCTION""; ""II. REVIEW OF PREVIOUS STUDIES""; ""III. DATA AND SPECIFICATION""; ""IV. BASIC RESULTS""; ""V. SENSITIVITY CHECKS""; ""VI. CONNECTIONS WITH OTHER ASPECTS OF FINANCIAL DEVELOPMENT""; ""VII. THE COMPOSITION OF THE INVESTOR BASE""; ""VIII. CONCLUSIONS AND POLICY IMPLICATIONS""; ""References""
Record Nr. UNINA-9910788693403321
Luengnaruemitchai Pipat  
Washington, D.C. : , : International Monetary Fund, , 2006
Materiale a stampa
Lo trovi qui: Univ. Federico II
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Bond Yields in Emerging Economies : : It Matters What State You Are In / / Laura Jaramillo, Anke Weber
Bond Yields in Emerging Economies : : It Matters What State You Are In / / Laura Jaramillo, Anke Weber
Autore Jaramillo Laura
Pubbl/distr/stampa Washington, D.C. : , : International Monetary Fund, , 2012
Descrizione fisica 1 online resource (26 p.)
Altri autori (Persone) WeberAnke
Collana IMF Working Papers
IMF working paper
Soggetto topico Bonds
Investments - Developing countries
Finance: General
Investments: Bonds
Public Finance
Financial Markets and the Macroeconomy
Fiscal Policy
International Financial Markets
Debt
Debt Management
Sovereign Debt
General Financial Markets: General (includes Measurement and Data)
Investment & securities
Public finance & taxation
Finance
Bond yields
Government debt management
Emerging and frontier financial markets
Public debt
Securities markets
Financial institutions
Public financial management (PFM)
Financial markets
Debts, Public
Financial services industry
Capital market
ISBN 1-4755-1103-5
1-4755-3136-2
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Cover; Abstract; Contents; I. Introduction; II. Background and Literature Review; III. Stylized Facts; Figures; 1. Emerging Economies: Government Debt; 2. Emerging Economies: Domestic Government Debt Securities; 3. Emerging Market Fund Assets; 4. Sovereign Domestic Bond Yields; 5. Sovereign Domestic Bond Yields and Global Factors; 6. Domestic Bond Yields and Fiscal Fundamentals, 2007-2011; IV. Empirical Model Specification; V. Data and Estimation Results; A. Data Sources; B. Estimation Results; Tables; 1. Descriptive Statistics
2. Determinants of 10-year Domestic Bond Yields in Emerging Economies3. Threshold Model: Determinants of 10-year Domestic Bond Yields in Emerging Economies; VI. Summary and Conclusions; 7. Actual Change in Bond Yields Compared to Out-of-Sample Prediction; Appendix; References
Record Nr. UNINA-9910786484803321
Jaramillo Laura  
Washington, D.C. : , : International Monetary Fund, , 2012
Materiale a stampa
Lo trovi qui: Univ. Federico II
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China and India Learning from Each Other : : Reforms and Policies for Sustained Growth / / Eswar Prasad, Steven Dunaway, Jahangir Aziz
China and India Learning from Each Other : : Reforms and Policies for Sustained Growth / / Eswar Prasad, Steven Dunaway, Jahangir Aziz
Autore Prasad Eswar
Pubbl/distr/stampa Washington, D.C. : , : International Monetary Fund, , 2006
Descrizione fisica 1 online resource (299 p.)
Disciplina 330.951
Altri autori (Persone) DunawaySteven
AzizJahangir
Collana Books
Soggetto topico Banks and banking - China
Banks and banking - India
Securities industry - China
Securities industry - India
Banks and Banking
Exports and Imports
Finance: General
Investments: General
Macroeconomics
Foreign Exchange
Banks
Depository Institutions
Micro Finance Institutions
Mortgages
General Financial Markets: General (includes Measurement and Data)
Current Account Adjustment
Short-term Capital Movements
Labor Economics: General
Price Level
Inflation
Deflation
Banking
Finance
International economics
Investment & securities
Currency
Foreign exchange
Commercial banks
Securities markets
Securities
Exchange rate flexibility
Financial institutions
Financial markets
Government securities
Banks and banking
Capital market
Prices
Financial instruments
Balance of payments
ISBN 1-4552-5799-0
1-4519-9664-0
1-283-53497-5
9786613847423
1-4519-6303-3
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Banking sector reform in India / Nachiket Mor, R. Chandrasekar, and Diviya Wahi -- Reforming China's banking system: how much can foreign strategic investment help? / Nicholas Hope and Fred Hu -- Banking system structure in China and India / Luo Ping -- Development of the securities market in India / G.N. Bajpai -- Development of securities markets: the Indian experience / Narendra Jadhav -- Accelerating the external and internal opening up of China's securities industry / Xinghai Fang, Ti Liu, and Donghui Shi -- Domestic financial liberalization and international financial integration: an Indian perspective / Suman Bery and Kanhaiya Singh -- Putting the cart before the horse? Capital account liberalization and exchange rate flexibility in China / Eswar Prasad, Thomas Rumbaugh, and Qing Wang -- Some apparent puzzles for contemporary monetary policy / Rakesh Mohan -- Fiscal policy in China / Steven Dunaway and Annalisa Fedelino -- Labor mobility in China and India: the role of hukou, caste, and community / Arvinder Singh -- Indian economic development and India-China cooperation / Nalin Surie -- India-China economic cooperation / Arvind Virmani.
Record Nr. UNINA-9910780746003321
Prasad Eswar  
Washington, D.C. : , : International Monetary Fund, , 2006
Materiale a stampa
Lo trovi qui: Univ. Federico II
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Emerging Market Sovereign Bond Spreads : : Estimation and Back-testing / / Fabio Comelli
Emerging Market Sovereign Bond Spreads : : Estimation and Back-testing / / Fabio Comelli
Autore Comelli Fabio
Pubbl/distr/stampa Washington, D.C. : , : International Monetary Fund, , 2012
Descrizione fisica 1 online resource (44 p.)
Collana IMF Working Papers
Soggetto topico State bonds - Econometric models
Government securities - Econometric models
Banks and Banking
Finance: General
Investments: Bonds
International Finance Forecasting and Simulation
Financial Forecasting and Simulation
Interest Rates: Determination, Term Structure, and Effects
General Financial Markets: General (includes Measurement and Data)
Finance
Investment & securities
Yield curve
Sovereign bonds
Emerging and frontier financial markets
Bond yields
Securities markets
Financial services
Financial institutions
Financial markets
Interest rates
Bonds
Financial services industry
Capital market
ISBN 1-4755-1037-3
1-4755-1431-X
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Cover; Contents; I. Introduction; II. Literature; III. The data; A. Emerging Market Sovereign Bond Spreads Data; B. Pull Factors Data; Political Risk Rating (PRR); Economic Risk Rating (ERR); Financial Risk Rating (FRR); C. Push Factors Data; IV. The Model; V. Regression Results; A. Baseline regression; B. Global Abundant Liquidity and Global Financial Crisis; Tables; Table 1. Sovereign Bond Spreads: Coefficient Estimates, All Emerging Market Economies; C. Regional Subgroups; D. How Do Fitted Bond Spreads Compare With Actual Bond Spreads?
Table 2. Sovereign Bond Spreads: Coefficient Estimates Across EM Regions.Figures; Panel 1. Actual and Fitted Sovereign Bond Spreads (basis points); Panel 2. Actual and Fitted Sovereign Bond Spreads: (basis points); E. Robustness Checks; Table 3. Sovereign Bond Spreads: Coefficient Estimates, Robustness Checks; Panel 3. Actual and Fitted Sovereign Bond Spreads (Basis points); F. Simulating an Improvement in Country-specific Variables on Bond Spreads; Table 4. Impact of one-standard deviation change on the model spread (Percent)
Panel 4. Impact on the Model Spread Provoked by a One-standard Deviation ChangeVI. Back-testing the Model; A. Linear Prediction Method; B. Rolling Regression Method; Table 5. Probabilities that the linear prediction method correctly predicts (i) the; Table 6. Probabilities that the rolling regression (RR1) method correctly predicts; C. Comparing Competing Forecasts; Table 7. Measuring the accuracy of bond spread forecasts with the Diebold-Mariano; VII. Concluding Remarks; References; Appendixes; A. Tables; Appendix Tables
Table A1. Probabilities that the rolling regression (RR2) method correctly predictsTable A2. Comparing rolling regression and linear prediction forecasts with the Diebold- Mariano test; Table A3. Mean Square Error, Mean Absolute Error and Theil's U Statistics for the rolling regression (RR1) method; Table A4. Mean Square Error, Mean Absolute Error and Theil's U Statistics for the rolling regression (RR2) method; B. Charts; Panel A1. Emerging Market Sovereign Bond Spreads: Actual, Fitted and Residuals; Panel A2: Emerging Markets Sovereign Bond Spread Tracker: January 1998 - December 2001
Panel A3: Emerging Markets Sovereign Bond Spread Tracker: January 2002 - December 2005Panel A4: Emerging Markets Sovereign Bond Spread Tracker: January 2006 - December 2009; Panel A5: Emerging Markets Sovereign Bond Spread Tracker: January 2010 - December 2011
Record Nr. UNINA-9910786480703321
Comelli Fabio  
Washington, D.C. : , : International Monetary Fund, , 2012
Materiale a stampa
Lo trovi qui: Univ. Federico II
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Emerging Market Spread Compression : : Is it Real or is it Liquidity? / / Laura Kodres, Kristian Hartelius, Kenichiro Kashiwase
Emerging Market Spread Compression : : Is it Real or is it Liquidity? / / Laura Kodres, Kristian Hartelius, Kenichiro Kashiwase
Autore Kodres Laura
Pubbl/distr/stampa Washington, D.C. : , : International Monetary Fund, , 2008
Descrizione fisica 1 online resource (38 p.)
Altri autori (Persone) HarteliusKristian
KashiwaseKenichiro
Collana IMF Working Papers
Soggetto topico Bonds - Developing countries - Econometric models
Liquidity (Economics) - Econometric models
Credit ratings - Developing countries - Econometric models
Banks and Banking
Finance: General
Investments: Futures
Money and Monetary Policy
General Financial Markets: General (includes Measurement and Data)
Monetary Policy, Central Banking, and the Supply of Money and Credit: General
Interest Rates: Determination, Term Structure, and Effects
Pension Funds
Non-bank Financial Institutions
Financial Instruments
Institutional Investors
Finance
Monetary economics
Emerging and frontier financial markets
Credit ratings
Yield curve
Securities markets
Futures
Financial services industry
Interest rates
Capital market
Derivative securities
ISBN 1-4623-2352-9
1-4527-6624-X
1-282-44773-4
1-4519-1325-7
9786613820969
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Contents; I. Introduction; II. Data; A. Variables; Emerging Market Bond Spreads; Tables; 1. Availability of EMBI and EMBI Global; Credit Ratings and Outlooks; Fed Funds Futures; Figures; 1. Changes in Sovereign Credit Ratings and Outlook: January 1991~February 2007; Volatility in the Fed Funds Futures Market; Volatility Index of S&P 500 (VIX); 2. Volatility of Fed Funds Futures Market and Emerging Market Bond Spread; B. Total Credit Rating-Outlook Index (CROI); Log Linearity Between the Spreads and Ratings; 3. VIX and Emerging Market Bond Spread
Construction of the Total Credit Rating-Outlook Index (CROI)4. Average vis-à-vis Estimated Bond Spreads on Long-Term Sovereign Credit Ratings; 2. Total Credit Rating-Outlook Index (CROI); III. Results; A. Basic Model; 5. Aggregate Fundamentals: Total Credit Rating-Outlook Index (CROI) vis-à-vis Long-Term Credit-Rating Index (LTCR); 3. Basic Model Results: CROI vs. LTCR, December 1991~February 2007; B. Extended Model with Volatility; 4. Extended Model Results: CROI vs. LTCR, January 1991~February 1997; C. Graphical Interpretation of the Models
6. Actual vs. Estimated Spreads Extended Model with CROI as FundamentalsD. Contributions to EMBI Spreads; 5. Determinants of Change in the EMBIG Spread, December 2002-February 2007; IV. Conclusions; Appendix; Appendix 1.A: A Procedure of Constructing the CROI; Appendix Figure; 1. Actual and Estimated Spreads: Extended Model with CROI as Fundamentals; References
Record Nr. UNINA-9910788523003321
Kodres Laura  
Washington, D.C. : , : International Monetary Fund, , 2008
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Euro Area Sovereign Risk During the Crisis / / Edda Zoli, Silvia Sgherri
Euro Area Sovereign Risk During the Crisis / / Edda Zoli, Silvia Sgherri
Autore Zoli Edda
Pubbl/distr/stampa Washington, D.C. : , : International Monetary Fund, , 2009
Descrizione fisica 23 p. : ill
Altri autori (Persone) SgherriSilvia
Collana IMF Working Papers
Soggetto topico Global Financial Crisis, 2008-2009
Financial crises - European Union countries - Econometric models
Risk management - European Union countries - Econometric models
Finance: General
Financial Risk Management
Investments: General
Investments: Bonds
Industries: Financial Services
General Financial Markets: General (includes Measurement and Data)
Investment
Capital
Intangible Capital
Capacity
Financial Crises
Financial Institutions and Services: General
Investment & securities
Macroeconomics
Finance
Economic & financial crises & disasters
Sovereign bonds
Return on investment
Securities markets
Financial crises
Financial sector
Bonds
Saving and investment
Capital market
Financial services industry
ISBN 1-4623-9410-8
1-4527-4905-1
1-4518-7369-7
9786612844263
1-282-84426-1
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Record Nr. UNINA-9910788225503321
Zoli Edda  
Washington, D.C. : , : International Monetary Fund, , 2009
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Euro-Dollar Real Exchange Rate Dynamics in an Estimated Two-Country Model : : What is Important and What is Not / / Vicente Tuesta, Pau Rabanal
Euro-Dollar Real Exchange Rate Dynamics in an Estimated Two-Country Model : : What is Important and What is Not / / Vicente Tuesta, Pau Rabanal
Autore Tuesta Vicente
Pubbl/distr/stampa Washington, D.C. : , : International Monetary Fund, , 2006
Descrizione fisica 1 online resource (42 p.)
Altri autori (Persone) RabanalPau
Collana IMF Working Papers
Soggetto topico Euro-dollar market - Econometric models
Foreign exchange rates - United States - Econometric models
Foreign exchange rates - European Union countries - Econometric models
Finance: General
Foreign Exchange
Inflation
Macroeconomics
Open Economy Macroeconomics
Bayesian Analysis: General
General Financial Markets: General (includes Measurement and Data)
Macroeconomics: Consumption
Saving
Wealth
Price Level
Deflation
Currency
Foreign exchange
Finance
Real exchange rates
Securities markets
Consumption
Exchange rates
National accounts
Financial markets
Prices
Capital market
Economics
ISBN 1-4623-4879-3
1-4527-4408-4
1-283-51766-3
9786613830111
1-4519-8792-7
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto ""Contents""; ""I. INTRODUCTION""; ""II. THE MODEL""; ""III. EXTENSIONS TO THE BASELINE MODEL ""; ""IV. ESTIMATION AND MODEL COMPARISON""; ""V. RESULTS""; ""VI. CONCLUDING REMARKS""; ""APPENDIX: THE METROPOLIS-HASTINGS ALGORITHM""; ""REFERENCES""
Record Nr. UNINA-9910788692203321
Tuesta Vicente  
Washington, D.C. : , : International Monetary Fund, , 2006
Materiale a stampa
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Financial Spillovers to Emerging Markets During the Global Financial Crisis / / Nathaniel Frank, Heiko Hesse
Financial Spillovers to Emerging Markets During the Global Financial Crisis / / Nathaniel Frank, Heiko Hesse
Autore Frank Nathaniel
Pubbl/distr/stampa Washington, D.C. : , : International Monetary Fund, , 2009
Descrizione fisica 1 online resource (22 p.)
Altri autori (Persone) HesseHeiko
Collana IMF Working Papers
Soggetto topico Financial crises
Global Financial Crisis, 2008-2009
Banks and Banking
Finance: General
Financial Risk Management
Time-Series Models
Dynamic Quantile Regressions
Dynamic Treatment Effect Models
Diffusion Processes
State Space Models
Financial Markets and the Macroeconomy
General Financial Markets: General (includes Measurement and Data)
Financial Crises
Interest Rates: Determination, Term Structure, and Effects
Finance
Economic & financial crises & disasters
Stock markets
Emerging and frontier financial markets
Securities markets
Yield curve
Financial markets
Financial services
Stock exchanges
Financial services industry
Capital market
Interest rates
ISBN 1-4623-1339-6
1-4527-9951-2
1-282-84319-2
1-4518-7251-8
9786612843198
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Contents; I. Introduction; II. Transmission of Spillovers to EM Countries During the Subprime Crisis: A Qualitative Overview; III. Data; Figures; 1. U.S. and EM Financial Variables; 2. U.S. and EM Financial Variables; IV. Methodology; V. Results; 3. Implied Correlations between U.S. and EM Financial Variables; 4. Implied Correlations between U.S. and EM Financial Variables; VI. Conclusion; References
Record Nr. UNINA-9910788335203321
Frank Nathaniel  
Washington, D.C. : , : International Monetary Fund, , 2009
Materiale a stampa
Lo trovi qui: Univ. Federico II
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Financing Growth in the WAEMU Through the Regional Securities Market : : Past Successes and Current Challenges / / Mame Astou Diouf, Francois Boutin-Dufresne
Financing Growth in the WAEMU Through the Regional Securities Market : : Past Successes and Current Challenges / / Mame Astou Diouf, Francois Boutin-Dufresne
Autore Diouf Mame Astou
Pubbl/distr/stampa Washington, D.C. : , : International Monetary Fund, , 2012
Descrizione fisica 1 online resource (23 p.)
Altri autori (Persone) Boutin-DufresneFrancois
Collana IMF Working Papers
Soggetto topico Securities - Africa, West
Investments - Africa, West
Finance: General
Investments: General
Investments: Bonds
Interest Rates: Determination, Term Structure, and Effects
Financial Markets and the Macroeconomy
Economic Integration
General Financial Markets: General (includes Measurement and Data)
Investment & securities
Finance
Securities
Treasury bills and bonds
Securities markets
Bonds
Government securities
Financial institutions
Financial markets
Financial instruments
Capital market
ISBN 1-61635-781-9
1-4755-6390-6
Formato Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione eng
Nota di contenuto Cover; Contents; I. Introduction; II. Institutional Framework and Market Instruments; Figures; Figure 1. Organigram of the WAEMU Securities Market; III. Recent Developments; Figure 2. WAEMU: Issuance of Debt Securities, 2001-10; Tables; Table 1. WAEMU: Government Debt Issues, 2010; Table 2. WAEMU: Issuance of Long-Term Securities, 1999-2010; IV. Determinants of Interest Rates: Yield Curve and Principal Component Analysis; Table 3. WAEMU Countries' Sovereign Debt Ratings; Figure 3. WAEMU: Determinants of T-bills' Interest Rates, 2010
Figure 4. WAEMU: Government Issues Profiling Using Principal Component Analysis, 2010 V. Challenges Ahead; VI. Conclusion and Policy Recommendations; References; Annex 1. Issuers on the WAEMU Bond Market; Table 1. WAEMU: Issues of Securities, 2001-2010; Annex 2. Principal Component Analysis: Detailed Results for Government Securities Issued in 2010; Figure 1. WAEMU: PCA on Government Securities, 2010
Record Nr. UNINA-9910779642703321
Diouf Mame Astou  
Washington, D.C. : , : International Monetary Fund, , 2012
Materiale a stampa
Lo trovi qui: Univ. Federico II
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