Narrow search
Showing 1 - 10 of 431
Cover Image
An Anatomy of Credit Booms; Evidence From Macro Aggregates and Micro Data
Terrones, Marco; Mendoza, Enrique G. - International Monetary Fund (IMF) - 2008
but not by financial reforms or productivity gains. …
Persistent link: https://www.econbiz.de/10005263687
Cover Image
Sustaining Growth Accelerations and Pro-Poor Growth in Africa
Gupta, Sanjeev; Pattillo, Catherine A.; Carey, Kevin Joseph - International Monetary Fund (IMF) - 2005
Are improvements in growth in Sub-Saharan Africa (SSA) since the mid-1990s sustainable? What types of growth strategies contribute the most to reducing poverty? This paper examines these questions in four stages. First, it explores the factors contributing to the post- 1995 improvement in...
Persistent link: https://www.econbiz.de/10005264160
Cover Image
Commodity Price Volatility and the Sources of Growth
International Monetary Fund (IMF); International … - 2012
as on the three main growth channels: total factor productivity, physical capital accumulation, and human capital …
Persistent link: https://www.econbiz.de/10009650613
Cover Image
Asset Prices in Affine Real Business Cycle Models
Shamloo, Maral; Malkhozov, Aytek - International Monetary Fund (IMF) - 2010
models featuring Epstein-Zin preferences and affine dynamics for productivity growth and volatility. The method relies on log …
Persistent link: https://www.econbiz.de/10008727787
Cover Image
Germany; Selected Issues
International Monetary Fund (IMF); International … - 2006
This Selected Issues paper attempts to analyze the end-point problem and improve the quality of potential GDP estimates for Germany. It projects that Germany’s potential GDP growth will slow over the coming decade, mainly because of declining labor input. The paper focuses on a long-term...
Persistent link: https://www.econbiz.de/10005825173
Cover Image
Recent French Export Performance; Is there a Competitiveness Problem?
Kabundi, Alain N.; Simone, Francisco Nadal-De - International Monetary Fund (IMF) - 2009
Recently, the export performance of France relative to its own past and relative to a major trading partner, Germany, deteriorated. That deterioration seems related to the geographical destination and product composition of trend exports. Faced with an increase in unit labor costs or in its...
Persistent link: https://www.econbiz.de/10005769088
Cover Image
Economic Integration, Business Cycle, and Productivity in North America
Kose, M. Ayhan; Cardarelli, Roberto - International Monetary Fund (IMF) - 2004
productivity in Canada. The North American Free Trade Agreement (NAFTA) and its predecessor, the Canada-U.S. Free Trade Agreement … productivity of Canadian industries, the persistence of structural differences between the two countries has prevented convergence … of aggregate labor productivity. While these findings seem to weigh against moving toward a monetary union, they also …
Persistent link: https://www.econbiz.de/10005769318
Cover Image
Is the Growth Momentum in Latin America Sustainable?
Sosa, Sebastian; Tsounta, Evridiki; Kim, Hye S - International Monetary Fund (IMF) - 2013
in total factor productivity (TFP), remains the main driver of GDP growth. Moving forward, given the expected moderation …
Persistent link: https://www.econbiz.de/10010790356
Cover Image
Investment; Specific Technology Shocks and International Business Cycles: An Empirical Assessment
International Monetary Fund (IMF); International … - 2010
In this paper, we first introduce investment-specific technology (IST) shocks to an otherwise standard international real business cycle model and show that a thoughtful calibration of them along the lines of Raffo (2009) successfully addresses the "quantity", "international comovement",...
Persistent link: https://www.econbiz.de/10008671290
Cover Image
Emerging Market Business Cycles; The Role of Labor Market Frictions
Boz, Emine; Durdu, Ceyhun Bora; Li, Nan - International Monetary Fund (IMF) - 2012
Emerging economies are characterized by higher consumption and real wage variability relative to output and a strongly countercyclical current account. A real business cycle model of a small open economy that embeds a Mortensen-Pissarides type of search-matching frictions and countercyclical...
Persistent link: https://www.econbiz.de/10011242182