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IMF Working Papers by
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December 2003
Title:
Sources of Nominal Exchange Rate Fluctuations in South Africa
Author/Editor:
Bhundia, Ashok ; Gottschalk, Jan
Series:
Working Paper No. 03/252
Date:
December 01, 2003
Subject(s):
Exchange rates
|
South Africa
|
Economic models
Author's Keyword(s):
Nominal exchange rate
|
real disturbances
|
nominal disturbances
|
structural VAR
Title:
Characterizing Global Investors' Risk Appetite for Emerging Market Debt During Financial Crises
Author/Editor:
Dungey, Mardi ; Fry, Renee ; González-Hermosillo, Brenda ; Martin, Vance
Series:
Working Paper No. 03/251
Date:
December 01, 2003
Subject(s):
Emerging markets
|
Bonds
|
Debt
|
Financial crisis
|
fINANCIAL RISK
|
Economic models
Author's Keyword(s):
Risk Aversion
|
Bond Markets
|
Financial Crises
|
SVAR
Title:
Determinants of Deflation In Hong Kong SAR
Author/Editor:
N'Diaye, Papa M'B. P.
Series:
Working Paper No. 03/250
Date:
December 01, 2003
Subject(s):
Deflation
|
Hong Kong SAR
|
Hong Kong Special Administrative Region of China
Author's Keyword(s):
Deflation
|
Structural VAR
Title:
External Debt, Public Investment, and Growth in Low-Income Countries
Author/Editor:
Clements, Benedict J. ; Bhattacharya, Rina ; Nguyen, Toan Quoc
Series:
Working Paper No. 03/249
Date:
December 01, 2003
Subject(s):
External debt
|
Public investment
|
Economic growth
|
Low income developing countries
Author's Keyword(s):
External Debt
|
Debt Service
|
Growth
|
Public Investment
Title:
Multinational Enterprises, International Trade, and Productivity Growth: Firm-Level Evidence from the United States
Author/Editor:
Keller, Wolfgang ; Yeaple, Stephen R.
Series:
Working Paper No. 03/248
Date:
December 01, 2003
Subject(s):
International trade
|
United States
|
Productivity
|
Economic growth
|
Foreign investment
Author's Keyword(s):
Foreign direct investment
|
technology transfer
|
technology spillovers
|
international trade
Title:
Budget System Reform in Transitional Economies: The Case of the Former Yugoslav Republics
Author/Editor:
Diamond, Jack ; Last, Duncan
Series:
Working Paper No. 03/247
Date:
December 01, 2003
Subject(s):
Budgetary reforms
|
Yugoslavia
|
Yugoslavia, Federal Republic of
Author's Keyword(s):
Budget Reform
|
Yugoslavia
Title:
Volatility and Comovement in a Globalized World Economy: An Empirical Exploration
Author/Editor:
Kose, M. Ayhan ; Prasad, Eswar ; Terrones, Marco
Series:
Working Paper No. 03/246
Date:
December 01, 2003
Subject(s):
Business cycles
|
Globalization
Author's Keyword(s):
Business cycles
|
macroeconomic fluctuations
|
volatility
|
correlations
|
globalization
Title:
China's Integration into the World Economy: Implications for Developing Countries
Author/Editor:
Yang, Yongzheng
Series:
Working Paper No. 03/245
Date:
December 01, 2003
Subject(s):
Development
|
China
|
World Trade Organization
|
Exports
|
Trade
|
China, People's Republic of
Author's Keyword(s):
China
|
WTO Accession
|
export competition
|
FDI diversion
|
developing countries
Title:
The Effects of Fiscal Policies on the Economic Development of Women in the Middle East and North Africa
Author/Editor:
Laframboise, Nicole ; Trumbic, Tea
Series:
Working Paper No. 03/244
Date:
December 01, 2003
Subject(s):
Fiscal policy
|
Middle East
|
North Africa
|
Development
|
Gender equality
|
Government expenditures
Author's Keyword(s):
Government social spending
|
social indicators
|
gender bias
Title:
Evolution and Performance of Exchange Rate Regimes
Author/Editor:
Rogoff, Kenneth ; Husain, Aasim M. ; Mody, Ashoka ; Brooks, Robin ; Oomes, Nienke
Series:
Working Paper No. 03/243
Date:
December 01, 2003
Subject(s):
Exchange rate regimes
|
Economic conditions
Author's Keyword(s):
Exchange Rate Regimes
|
economic performance
Title:
Are Credit Default Swaps Spreads High in Emerging Markets-An Alternative Methodology for Proxying Recovery Value
Author/Editor:
Singh, Manmohan
Series:
Working Paper No. 03/242
Date:
December 01, 2003
Subject(s):
Credit
|
Emerging markets
|
Economic recovery
|
Bonds
Author's Keyword(s):
Recovery value
|
probability of default
|
credit default swaps
Title:
IMF and the Baltics: A Decade of Cooperation
Author/Editor:
Knöbl, Adalbert ; Haas, Richard D.
Series:
Working Paper No. 03/241
Date:
December 01, 2003
Subject(s):
Currency boards
|
Baltics
|
Fund role
|
Economic reforms
|
Transition economies
Author's Keyword(s):
Currency reform
|
currency board
|
transition to market economy
Title:
Patterns of Shocks and Regional Monetary Cooperation in South Asia
Author/Editor:
Maskay, Nephil Matangi
Series:
Working Paper No. 03/240
Date:
December 01, 2003
Subject(s):
Monetary policy
|
Asia
|
Structural adjustment
|
Trade
Author's Keyword(s):
South Asia
|
shocks
|
regional monetary cooperation
Title:
Trade Liberalization Strategies: What Could South Eastern Europe Learn From CEFTA and BFTA?
Author/Editor:
Adam, Antonis ; Kosma, Theodora ; McHugh, James
Series:
Working Paper No. 03/239
Date:
December 01, 2003
Subject(s):
Trade liberalization
|
Europe
|
Baltics
|
International trade
|
Economic models
Author's Keyword(s):
Trade liberalization
|
gravity models
|
stability pact
|
CEFTA
|
BFTA
Title:
U.S. Investors' Emerging Market Equity Portfolios: A Security-Level Analysis
Author/Editor:
Edison, Hali J. ; Warnock, Francis E.
Series:
Working Paper No. 03/238
Date:
December 01, 2003
Subject(s):
Emerging markets
|
United States
|
Exchange risk
|
Capital markets
|
Investment
|
Financial crisis
Author's Keyword(s):
emerging markets
|
portfolio choice
|
home bias
|
and international risk sharing
Title:
Growth, Governance, and Fiscal Policy Transmission Channels in Low-Income Countries
Author/Editor:
Baldacci, Emanuele ; Hillman, Arye L. ; Kojo, Naoko C.
Series:
Working Paper No. 03/237
Date:
December 01, 2003
Subject(s):
Economic growth
|
Low income developing countries
|
Fiscal policy
|
Governance
Author's Keyword(s):
Growth
|
governance
|
fiscal policy
|
low-income countries
Title:
Cross-Border Listings, Capital Controls, and U.S. Equity Flows to Emerging Markets
Author/Editor:
Edison, Hali J. ; Warnock, Francis E.
Series:
Working Paper No. 03/236
Date:
December 01, 2003
Subject(s):
Capital controls
|
Capital flows
|
Emerging markets
|
Economic models
Author's Keyword(s):
Portfolio equity flows
|
capital flows
|
emerging markets
|
and ADRs
Title:
From the Front lines at Seoul Bank: Restructuring and Reprivatization
Author/Editor:
Kang, Chungwon
Series:
Working Paper No. 03/235
Date:
December 01, 2003
Subject(s):
Bank restructuring
|
Korea, Republic of
|
Privatization
Author's Keyword(s):
Korea
|
bank restructuring
Title:
Do Active Labor Market Policies Increase Employment?
Author/Editor:
Estevão, Marcello M.
Series:
Working Paper No. 03/234
Date:
December 01, 2003
Subject(s):
Unemployment
|
Employment
|
Labor market policy
|
Wages
Author's Keyword(s):
Unemployment
|
employment rate
|
labor market policies
|
wages
|
bargaining
Title:
Financial Globalization, Portfolio Diversification, and the Pattern of International Trade
Author/Editor:
Koren, Miklós
Series:
Working Paper No. 03/233
Date:
December 01, 2003
Subject(s):
Globalization
|
International trade
|
Markets
|
Economic models
Author's Keyword(s):
Financial globalization
|
trade volume
|
trade structure
|
incomplete markets
|
portfolio choice