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IMF Working Papers

From International Monetary Fund
International Monetary Fund, Washington, DC USA.
Contact information at EDIRC.

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2000/191: Effects of Volatile Asset Priceson Balance of Payments and International Investment Position Downloads
Marco Committeri
2000/190: Emerging Market Spreads: Then Versus Now Downloads
Yishay Yafeh, Paolo Mauro and Nathan Sussman
2000/189: To "B" or Not to "B": A Welfare Analysis of Breaking Up Monopolies in an Endogenous Growth Model Downloads
Danyang Xie
2000/188: Endogenous Money Supply and Money Demand Downloads
Woon Gyu Choi and Seonghwan Oh
2000/187: Poverty, Inequality, and Unethical Behavior of the Strong Downloads
Arye Hillman
2000/186: Transparency in Central Bank Financial Statement Disclosures Downloads
Kenneth Sullivan
2000/185: How Can Fiscal Policy Help Avert Currency Crises? Downloads
George Kopits
2000/184: The Asymmetric Effects of Exchange Rate Fluctuations: Theory and Evidence From Developing Countries Downloads
Magda Kandil
2000/183: Optimal Inventory Policies when the Demand Distribution is not Known Downloads
Erik Larson, Sunil Sharma and Lars Olson
2000/182: Corruption, Growth, and Public Finances Downloads
Vito Tanzi and Hamid Davoodi
2000/181: Globalization, Technological Developments, and the Work of Fiscal Termites Downloads
Vito Tanzi
2000/180: The Cost of Government and the Misuse of Public Assets Downloads
Tej Prakash and Vito Tanzi
2000/179: Inflation, Debt, and Default in a Monetary Union Downloads
Samir Jahjah
2000/178: Israeli Inflation From An International Perspective Downloads
David Orsmond and Stanley Fischer
2000/177: International Debt and the Price of Domestic Assets Downloads
Roberto Garcia-Saltos and Leonardo Auernheimer
2000/176: Smuggling, Currency Substitution and Unofficial Dollarization: A Crime-Theoretic Approach Downloads
Alex Mourmouras and Steven Russell
2000/175: Trade and Domestic Financial Market Reform Under Political Uncertainty: Implications for Investment, Savings, and the Real Exchange Rate Downloads
Rina Bhattacharya
2000/174: Votingon the "Optimal" Size of Government Downloads
Jan-Peter Olters
2000/173: The Disappearing Tax Base: Is Foreign Direct Investment (FDI) Eroding Corporate Income Taxes? Downloads
Reint Gropp and Kristina Kostial
2000/172: Good, Bad or Ugly? On the Effects of Fiscal Rules with Creative Accounting Downloads
Gian Maria Milesi-Ferretti
2000/171: Pension Reform, Private Saving, and the Current Account in a Small Open Economy Downloads
Axel Schimmelpfennig
2000/170: Fiscal Policy Through Time-Varying Tax Rates: If and How Downloads
Martin Kaufman
2000/169: Tales From Two Neighbors: Productivity Growth in Canada and the United States Downloads
Martin Cerisola and Jorge Chan-Lau
2000/168: Does IMF Financing Result in Moral Hazard? Downloads
Steven Phillips and Timothy Lane
2000/167: The Plutocratic Bias in the CPI: Evidence from Spain Downloads
Javier Ruiz Castillo, Eduardo Ley and Mario Izquierdo
2000/166: Health Care and its Financing in Italy: Issues and Reform Options Downloads
Franco Reviglio
2000/165: The Effects of Monetary and Fiscal Policy on Aggregate Demand in a Small Open Economy: An Application of the Structural Error Correction Model Downloads
Tetsuya Konuki
2000/164: The Impact of Tax and Welfare Policieson Employment and Unemployment in OECD Countries Downloads
Richard Disney
2000/163: Banks’ Reserve Management, Transaction Costs, and the Timing of Federal Reserve Intervention Downloads
Giuseppe Bertola, Leonardo Bartolini and Alessandro Prati
2000/162: Forecasting Inflation in Chile Using State-Space and Regime-Switching Models Downloads
Francisco Nadal De Simone
2000/161: Technological Adaptation, Trade, and Growth Downloads
Alberto Chong and Luisa Zanforlin
2000/160: The Russian Default and the Contagion to Brazil Downloads
Taimur Baig and Ilan Goldfajn
2000/159: An Interest Rate Defense of a Fixed Exchange Rate? Downloads
Olivier Jeanne and Robert Flood
2000/158: Inflation Targeting Under Potential Output Uncertainty Downloads
Victor Gaiduch and Benjamin Hunt
2000/157: What Caused the 1991 Currency Crisis in India? Downloads
Sweta Saxena and Valerie Cerra
2000/156: Inside the Crisis: An Empirical Analysis of Banking Systems in Distress Downloads
Poonam Gupta, Asli Demirguc-Kunt and Enrica Detragiache
2000/155: Determinants of Barter in Russia: An Empirical Analysis Downloads
Christian Mumssen, Irina Dolinskaya, Simon Commander and Irina Tytell
2000/154: Capital Markets and External Current Accounts: What to Expect From the Euro Downloads
Jörg Decressin and Piti Disyatat
2000/153: Chile's Rapid Growth in the 1990's-Good Policies, Good Luck, or Political Change? Downloads
Esteban Jadresic and Roberto Zahler
2000/152: External Capital Structure: Theory and Evidence Downloads
Philip Lane and Gian Maria Milesi-Ferretti
2000/151: Population Aging and Global Capital Flows in a Parallel Universe Downloads
Robin Brooks
2000/150: Should Subsidized Private Transfers Replace Government Social Insurance? Downloads
Connel Fullenkamp and Ralph Chami
2000/149: The Case Against Harry Dexter White: Still Not Proven Downloads
James Boughton
2000/148: How Does U.S. Monetary Policy Influence Economic Conditions in Emerging Markets? Downloads
Vivek Arora and Martin Cerisola
2000/147: The Benefits and Costs of Intervening in Banking Crises Downloads
Edward Frydl and Marc Quintyn
2000/146: Determinants of Dollarization: The Banking Side Downloads
Marco Terrones and Luis Catão
2000/145: Former Yugoslav Republic of Macedonia Banking Soundness and Recent Lessons Downloads
International Monetary Fund
2000/144: Filtering the Beer: A Permanent and Transitory Decomposition Downloads
Peter Clark and Ronald MacDonald
2000/143: Predictable Movements in Yen/DM Exchange Rates Downloads
Janet Kong
2000/142: Domestic Competition, Cyclical Fluctuations, and Long-Run Growth in Hong Kong Sar Downloads
Eric Zitzewitz
2000/141: The Impact of Monetary Policyon the Exchange Rate: Evidence From Three Small Open Economies Downloads
Jeromin Zettelmeyer
2000/140: Selected Issues Concerning Monetary Policy and Institutional Design for Central Banks: A Review of Theories Downloads
Christian Beddies
2000/139: Reforming Pensions: Myths, Truths, and Policy Choices Downloads
N. Barr
2000/138: The Facts About Time: To-Build Downloads
Petya Brooks
2000/137: Wage Flexibility and Economic Performance: Evidence Across Industrial Countries Downloads
Magda Kandil
2000/136: What Should Macroeconomists Know About Health Care Policy: A Primer Downloads
William Hsiao
2000/135: The Breakdown of Credit Relations Under Conditions of a Banking Crisis: A Switching Regime Approach Downloads
Sònia Muñoz
2000/134: Exchange Rate Regime Transitions Downloads
Paul Masson
2000/133: Fiscal Policy and Growth in the Context of European Integration Downloads
Paul Masson
2000/132: Corruption, Structural Reforms, and Economic Performance in the Transition Economies Downloads
George Abed and Hamid Davoodi
2000/131: The Currency Composition of Foreign Exchange Reserves: Retrospect and Prospect Downloads
Barry Eichengreen and Donald Mathieson
2000/130: Evidenceon the Fiscal and Macroeconomic Impact of Privatization Downloads
Steven Barnett
2000/129: Can Fiscal Decentralization Strengthen Social Capital? Downloads
International Monetary Fund
2000/128: Real Effective Exchange Rate and the Constant Elasticity of Substitution Assumption Downloads
Antonio Spilimbergo and Athanasios Vamvakidis
2000/127: Determinants of Inflation in the Islamic Republic of Iran: A Macroeconomic Analysis Downloads
O. Liu and Olumuyiwa Adedeji
2000/126: Life-Cycles, Dynasties, Savings: Implications for Closed and Small, Open Economies Downloads
Hamid Faruqee and Douglas Laxton
2000/125: Costly Collateral and the Public Supply of Liquidity Downloads
Philip Schellekens
2000/124: Cost of Living Adjustment and Business Cycles: Disaggregated Evidence Downloads
Magda Kandil
2000/123: The Transfer Problem Revisited: Net Foreign Assets and Real Exchange Rates Downloads
Gian Maria Milesi-Ferretti and Philip Lane
2000/122: Exchange-Rate-Based Stabilization: A Model of Financial Fragility Downloads
Yuri Sobolev
2000/121: Convergence of Per Capita Output Levels Across Regions of Bangladesh, 1982-97 Downloads
Akhand Hossain
2000/120: External Sector Reform and Public Enterprise Restructuring Downloads
Rina Bhattacharya
2000/119: Money Demand in Guyana Downloads
Philippe Egoume Bossogo
2000/118: Optimal Fiscal Strategy for Oil Exporting Countries Downloads
Rodrigo Valdés and Eduardo Engel
2000/117: Inequality, Transfers and Growth: New Evidence From the Economic Transition in Poland Downloads
Eswar Prasad and Michael Keane
2000/116: Corruption and the Provision of Health Care and Education Services Downloads
Erwin Tiongson, Hamid Davoodi and Sanjeev Gupta
2000/115: Demographic Change in Asia: The Impacton Optimal National Saving, Investment, and the Current Account Downloads
Ian McDonald, Serge Bésanger and Ross Guest
2000/114: The Corporate Sector Dynamics of Systemic Financial Crises Downloads
Mark Stone
2000/113: Fiscal Reform Over Ten Years of Transition Downloads
George Tsibouris and Vito Tanzi
2000/112: Review of the Experience with Oil Stabilization and Savings Funds in Selected Countries Downloads
Ugo Fasano-Filho
2000/111: Bidding Behavior in Treasury Bill Auctions: Evidence From Pakistan Downloads
International Monetary Fund
2000/110: Threshold Effects in the Relationship Between Inflation and Growth Downloads
Abdelhak Senhadji and Mohsin Khan
2000/109: Budgetary Convergence in the WEAMU: Adjustment Through Revenue or Expenditure? Downloads
Jean-Claude Nachega and Ousmane Dore
2000/108: Real Exchange Rate Response to Capital Flows in Mexico: An Empirical Analysis Downloads
Marcelo Dabós and V. Juan-Ramon
2000/107: Managing Financial Crises: The Experience in East Asia Downloads
Timothy Lane, A. Javier Hamann, Marianne Schulze-Gattas, Ales Bulir, Steven Phillips, Atish Ghosh, Alex Mourmouras and Jack Boorman
2000/106: A Game-Theoretic Analysis of Corruption in Bureaucracies Downloads
Era Dabla-Norris
2000/105: Global Financial Crises: Institutions and Incentives Downloads
Manmohan Kumar, Paul Masson and Marcus Miller
2000/104: The Impact of Intersectoral Labor Reallocationon Economic Growth Downloads
Hélène Poirson
2000/103: Do Asset Prices in Transition Countries Contain Information About Future Economic Activity? Downloads
Torsten Sloek and Peter Christoffersen
2000/102: Indonesia: Implementing National Policies in a Decentralized Context: Special Purpose Programs to Protect the Poor Downloads
Ehtisham Ahmad and Luc Leruth
2000/101: International Spillovers of Macroeconomic Shocks: A Quantitative Exploration Downloads
Douglas Laxton and Eswar Prasad
2000/100: Globalization and Catching-Up: From Recession to Growth in Transition Economies Downloads
Grzegorz Kolodko
2000/099: Real Exchange Rates and Productivity: Closed-Form Solutions and Some Empirical Evidence Downloads
Jahanara Zaman
2000/098: Turkmenistan: The Burden of Current Agricultural Policies Downloads
International Monetary Fund
2000/097: Currency Boards, Credibility, and Macroeconomic Behavior Downloads
Amadou Sy and Luis Rivera-Batiz
2000/096: Aftermath of Banking Crises: Effectson Real and Monetary Variables Downloads
Poonam Gupta
2000/095: The Yen-Dollar Rate: Have Interventions Mattered? Downloads
Ramana Ramaswamy and Hossein Samiei
2000/094: Factor Reallocation and Growth in Developing Countries Downloads
Hélène Poirson
2000/093: The New Capital Adequacy Framework: Institutional Constraints and Incentive Structures Downloads
Cem Karacadag and Michael Taylor
2000/092: Financial Institutions, Financial Contagion, and Financial Crises Downloads
Haizhou Huang and Chenggang Xu
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