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Title: In Search of Lost Revenue: Why Restoring Fiscal Soundness after a Crisis is harder than it looks
Author/Editor: Miyazaki, Masato
Series: Working Paper No. 10/137
Date: June 01, 2010
Subject(s): Revenues | Tax revenues | Budget deficits | Economic growth | Fiscal consolidation
Author's Keyword(s): Fiscal deficit | exit strategy | tax
 
Title: The Short-Run Macroeconomics of Aid Inflows: Understanding the Interaction of Fiscal and Reserve Policy
Author/Editor: Berg, Andrew ; Mirzoev, Tokhir ; Portillo, Rafael ; Zanna, Luis-Felipe
Series: Working Paper No. 10/65
Date: March 01, 2010
Subject(s): Africa | Aid flows | Capital inflows | Central bank policy | Economic models | Fiscal policy | Government expenditures | Interest rate increases | Low-income developing countries | Monetary policy | Real effective exchange rates | Reserves | Uganda
Author's Keyword(s): Aid | transfer problem | fiscal policy | monetary policy | real exchange rate | Africa
 
Title: Short-Versus Long-Term Credit and Economic Performance: Evidence from the WAEMU
Author/Editor: Kpodar, Kangni ; Gbenyo, Kodzo
Series: Working Paper No. 10/115
Date: May 01, 2010
Subject(s): Bank credit | Banking sector | Credit risk | Cross country analysis | Economic growth | Economic models | Excess liquidity | Financial incentives | Human capital | Loans | Political economy | Time series | West African Economic and Monetary Union
Author's Keyword(s): Financial development | growth | WAEMU
 
Title: Should Advanced Countries Adopt a Fiscal Responsibility Law?
Author/Editor: Lienert, Ian
Series: Working Paper No. 10/254
Date: November 01, 2010
Subject(s): Budgetary policy | Cross country analysis | Debt sustainability | Developed countries | Financial management | Fiscal policy | Fiscal stability | Fiscal transparency | Governance | Legislation | Public finance | Transparency
Author's Keyword(s): fiscal responsibility | accountability | fiscal transparency | law | budget
 
Title: Should African Monetary Unions Be Expanded? An Empirical Investigation of the Scope for Monetary Integration in Sub-Saharan Africa
Author/Editor: Debrun, Xavier ; Pattillo, Catherine ; Masson, Paul
Series: Working Paper No. 10/157
Date: July 01, 2010
Subject(s): Monetary unions | Africa | Sub-Saharan Africa | Economic integration | Economic models | Cross country analysis
 
Title: Simulating Inflation Forecasting in Real-Time: How Useful Is a Simple Phillips Curve in Germany, the UK, and the US?
Author/Editor: Clausen, Bianca ; Clausen, Jens R.
Series: Working Paper No. 10/52
Date: February 01, 2010
Subject(s): Cross country analysis | Economic forecasting | Economic growth | Germany | Gross domestic product | Inflation | United Kingdom | United States
Author's Keyword(s): Real-time data | potential output | output gap | Phillips curve | inflation forecast
 
Title: Slowdown of Credit Flows in Jordan in the Wake of the Global Financial Crisis: Supply or Demand Driven?
Author/Editor: Poghosyan, Tigran
Series: Working Paper No. 10/256
Date: November 01, 2010
Subject(s): Bank credit | Capital markets | Credit demand | Credit restraint | Economic models | Financial crisis | Global Financial Crisis 2008-2009 | Jordan | Monetary policy
Author's Keyword(s): credit crunch | financial crisis | Jordan
 
Title: Some Uncomfortable Arithmetic Regarding Europe’s Public Finances
Author/Editor: Velculescu, Delia
Series: Working Paper No. 10/177
Date: July 01, 2010
Subject(s): Aging | Budgets | Europe | Fiscal management | Fiscal sustainability | Population | Public finance
Author's Keyword(s): Fiscal Policy | Fiscal Sustainability | Aging | Public Sector Balance Sheet
 
Title: Sovereign Default Risk and Private Sector Access to Capital in Emerging Markets
Author/Editor: Das, Udaibir ; Papaioannou, Michael ; Trebesch, Christoph
Series: Working Paper No. 10/10
Date: January 01, 2010
Subject(s): Capital flows | Emerging markets | Access to capital markets | Corporate sector | Credit risk | External financing | Risk management | Sovereign debt
Author's Keyword(s): Sovereign default | Private sector access | Capital flows | Emerging Markets
 
Title: Sovereign Spreads: Global Risk Aversion, Contagion or Fundamentals?
Author/Editor: Caceres, Carlos ; Guzzo, Vincenzo ; Segoviano Basurto, Miguel A.
Series: Working Paper No. 10/120
Date: May 01, 2010
Subject(s): Bonds | Cross country analysis | Economic models | Financial crisis | Fiscal policy | Global Financial Crisis 2008-2009 | Risk premium | Sovereign debt | Spillovers
Author's Keyword(s): Sovereign spreads | contagion | market price of risk | fiscal policy
 
Title: Spillovers from Europe into Morocco and Tunisia
Author/Editor: De Bock, Reinout ; Florea, Daniel ; Toujas-Bernate, Joël
Series: Working Paper No. 10/238
Date: October 01, 2010
Subject(s): Business cycles | Cross country analysis | Economic growth | Economic recession | Europe | Exports | External shocks | Inward remittances | Morocco | Spillovers | Tourism | Tunisia
Author's Keyword(s): Morocco | Tunisia | Spillovers | Trade | Business cycles | Transmission channels
 
Title: Spillovers of Domestic Shocks: Will They Counteract the "Great Moderation"?
Author/Editor: Carare, Alina ; Mody, Ashoka
Series: Working Paper No. 10/78
Date: March 01, 2010
Subject(s): Business cycles | Cross country analysis | Developed countries | Economic integration | Economic policy | Emerging markets | External shocks | Globalization | Industrial production | International trade | Production growth | Spillovers
Author's Keyword(s): Output growth volatility | spillovers | vertical specialization
 
Title: Spillovers to Central America in Light of the Crisis: What a Difference a Year Makes
Author/Editor: Swiston, Andrew
Series: Working Paper No. 10/35
Date: February 01, 2010
Subject(s): Business cycles | Capital flows | Central America | Cross country analysis | Economic growth | Economic integration | Economic models | External shocks | Financial crisis | Global Financial Crisis 2008-2009 | Spillovers | Trade integration | United States | Workers remittances
Author's Keyword(s): Central America | Spillovers | Economic Integration | Business Cycles | Vector Autoregression
 
Title: A Status Update on Fiscal Exit Strategies
Author/Editor: Bornhorst, Fabian ; Budina, Nina T ; Callegari, Giovanni ; El-Ganainy, Asmaa A. ; Gomez Sirera, Raquel ; Lemgruber, Andrea ; Schaechter, Andrea ; Shin, Joong B
Series: Working Paper No. 10/272
Date: December 01, 2010
Subject(s): Cross country analysis | Economic recovery | Fiscal consolidation | Fiscal policy | Government expenditures | Group of Twenty | Medium-term strategy
Author's Keyword(s): Fiscal policy | fiscal consolidation | financial crisis | age-related spending
 
Title: Still Minding the Gap - Inflation Dynamics during Episodes of Persistent Large Output Gaps
Author/Editor: Meier, André
Series: Working Paper No. 10/189
Date: August 01, 2010
Subject(s): Production | Deflation | Disinflation | Exchange rates | Inflation rates | Labor markets | Oil prices
Author's Keyword(s): Inflation | Output gap | Phillips curve | Disinflation | Deflation | Recession
 
Title: Structural Breaks in Fiscal Performance: Did Fiscal Responsibility Laws Have Anything to Do with Them?
Author/Editor: Caceres, Carlos ; Corbacho, Ana ; Medina, Leandro
Series: Working Paper No. 10/248
Date: November 01, 2010
Subject(s): Business cycles | Commodity price fluctuations | Cross country analysis | Developed countries | Economic models | Fiscal analysis | Fiscal policy | Latin America | Legislation
Author's Keyword(s): Fiscal Responsibility Laws | Fiscal Institutions | Fiscal Performance.
 
Title: The Structural Manifestation of the `Dutch Disease’: The Case of Oil Exporting Countries
Author/Editor: Ismail, Kareem
Series: Working Paper No. 10/103
Date: April 01, 2010
Subject(s): Capital | Cross country analysis | Economic models | External shocks | Industrial sector | International trade | Labor costs | Manufacturing sector | Oil exporting countries | Oil prices | Price increases | Production | Resource allocation
Author's Keyword(s): International Trade | Development | Dutch Disease | Exhaustible Resources
 
Title: Structural Models in Real Time
Author/Editor: Benes, Jaromir ; Clinton, Kevin ; Johnson, Marianne ; Laxton, Douglas ; Matheson, Troy
Series: Working Paper No. 10/56
Date: March 01, 2010
Subject(s): Economic forecasting | Economic indicators | Economic models | Monetary policy
Author's Keyword(s): High frequency indicators | Monetary Policy | Forecasting
 
Title: Subnational Health Spending and Soft Budget Constraints in OECD Countries
Author/Editor: Crivelli, Ernesto ; Leive, Adam ; Stratmann, Thomas
Series: Working Paper No. 10/147
Date: June 01, 2010
Subject(s): Health care | Government expenditures | Borrowing | OECD
 
Title: Sudden Stops, Output Drops, and Credit Collapses
Author/Editor: Dagher, Jihad
Series: Working Paper No. 10/176
Date: July 01, 2010
Subject(s): Stock prices | Southeast Asia | Borrowing | Financial crisis | External shocks | Capital flows | Credit | Current account
Author's Keyword(s): Financial liberalization | welfare gain | financial deepening | economic growth