IMF Staff Papers, Volume 51, No. 2
July 29, 2004
Summary
This second issue for 2004 contains 8 new papers, including notable contributions from: Nancy Brune, Geoffrey Garrett, and Bruce Kogut on the global spread of privatization; and Mark P. Taylor and Elena T. Branson on asymmetric arbitrage and default premiums in the U.S. and Russian markets. Other papers in the issue look at German wage structures, contagion in equity markets, export orientation and productivity in Sub-Saharan Africa, the role of higher vs. basic education in economic development, and issues related to capital account liberalization.
Subject: Balance of payments, Capital account, Capital account liberalization, Education, Financial markets, Production, Productivity, Stock markets, Wages
Keywords: Africa, Asia and Pacific, bear market contagion, bull market contagion, Capital account, Capital account liberalization, capital account openness, East Asia, Europe, Global, no-arbitrage band, Productivity, productivity premium, SP, Stock markets, Sub-Saharan Africa
Pages:
224
Volume:
2004
DOI:
Issue:
002
Series:
IMF Staff Papers No. 2004/002
Stock No:
SPIEA2004002
ISBN:
9781589063235
ISSN:
1020-7635
Notes
Issues from 1998 onward are available for free online





