Volume/Issue: 2003/48
Series: IMF Working Papers
Author(s):
Valerie Cerra
, and
Sweta Saxena
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
March
2003
ISBN: 9781451846751
This paper investigates the extent to which output has recovered from the Asian crisis. A regime-switching approach that introduces two state variables is used to decompose recessions in a set of six Asian countrie...
Volume/Issue: 2009/230
Series: IMF Working Papers
Author(s):
Brenda Gonzalez-Hermosillo
, and
Heiko Hesse
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
October
2009
ISBN: 9781451873771
This paper examines several key global market conditions, such as a proxy for market uncertainty and measures of interbank funding stress, to assess financial volatility and the likelihood of crisis. Using Markov r...
Volume/Issue: 2003/48
Series: IMF Working Papers
Author(s):
Valerie Cerra
, and
Sweta Saxena
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
March
2003
DOI: http://dx.doi.org/10.5089/9781451846751.001
ISBN: 9781451846751
This paper investigates the extent to which output has recovered from the Asian crisis. A regime-switching approach that introduces two state variables is used to decompose recessions in a set of six Asian countrie...
Volume/Issue: 2009/230
Series: IMF Working Papers
Author(s):
Brenda Gonzalez-Hermosillo
, and
Heiko Hesse
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
October
2009
DOI: http://dx.doi.org/10.5089/9781451873771.001
ISBN: 9781451873771
This paper examines several key global market conditions, such as a proxy for market uncertainty and measures of interbank funding stress, to assess financial volatility and the likelihood of crisis. Using Markov r...
Volume/Issue: 2005/111
Series: IMF Working Papers
Author(s):
Robert Burgess
, and
V. Haksar
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2005
DOI: http://dx.doi.org/10.5089/9781451861303.001
ISBN: 9781451861303
International migration and large remittance flows have been prominent features of the Philippine economy for many decades. This paper describes the evolving pattern of migration and remittance flows and analyzes s...
Volume/Issue: 1989/98
Series: IMF Working Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
07
December
1989
DOI: http://dx.doi.org/10.5089/9781451949049.001
ISBN: 9781451949049
This paper examines some of the key issues in the conduct of Philippine monetary policy since 1984, including the various shocks to the economy and the monetary authorities' choice of intermediate policy targets an...
Volume/Issue: 1991/20
Series: IMF Working Papers
Author(s):
Mark Stone
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
1991
DOI: http://dx.doi.org/10.5089/9781451843781.001
ISBN: 9781451843781
This note examines the impact of measurable and unmeasurable (not correlated with observed aggregates) information on secondary market LDC loan prices. The Institutional Investor country risk ratings are used to co...
Volume/Issue: 2010/50
Series: IMF Working Papers
Author(s):
Enrique Mendoza
,
Marco Terrones
, and
Ceyhun Bora Durdu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2010
DOI: http://dx.doi.org/10.5089/9781451963298.001
ISBN: 9781451963298
Theory predicts that a nation's stochastic intertemporal budget constraint is satisfied if net exports (NX) and net foreign assets (NFA) satisfy an error-correction specification with a residual integrated of any f...
Volume/Issue: 2001/99
Series: IMF Working Papers
Author(s):
Piyabha Kongsamut
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
August
2001
DOI: http://dx.doi.org/10.5089/9781451852271.001
ISBN: 9781451852271
The Philippines is planning to shift toward adoption of an inflation targeting framework in 2001. This paper reviews key policy issues in this context, describes various operational and technical preparations, and...
Volume/Issue: 2001/15
Series: IMF Working Papers
Author(s):
Paul Wade
, and
Era Dabla-Norris
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
2001
DOI: http://dx.doi.org/10.5089/9781451843262.001
ISBN: 9781451843262
This paper studies the relationship between wealth inequality and occupational choice between rent-seeking and production. With imperfect credit markets and a fixed cost to rent-seeking, only wealthy agents choose...