Similar Search Results

Australia : Insurance Core Principles—Detailed Assessment of Observance

International Monetary Fund - 2012

The insurance industry in Australia has weathered the global financial crisis well and was resilient to the … catastrophic events in 2010/11. The insurance industry is mature but relatively small compared to the banking sector. Assets held … insurance market has been consolidating steadily as the total number of players fell from 190 to 172 although branches of …

Persistent link: https://www.econbiz.de/10014395552

Deconstructing the International Business Cycle : Why Does a U.S. Sneeze Give the Rest of the World a Cold?

International Monetary Fund - 2010

The 2008 crisis underscored the interconnectedness of the international business cycle, with U.S. shocks leading to the largest global slowdown since the 1930s. We estimate spillover effects across major advanced country regions in a structural VAR (SVAR) using pre-crisis data. Our new method...

Persistent link: https://www.econbiz.de/10014402644

Trends and Cycles in the U.S. Economy

International Monetary Fund - 1990

The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...

Persistent link: https://www.econbiz.de/10014395945

Japan : Insurance Core Principles-Detailed Assessment of Observance

International Monetary Fund - 2012

This Working Paper is a detailed assessment of Japan’s compliance with the Insurance Core Principles of the … Financial Services Agency in supervising and regulating it. As Japan is prone to frequent natural disasters, the insurance … International Association of Insurance Supervisors. The paper identifies a reduction in interest rates and equity prices as two …

Persistent link: https://www.econbiz.de/10014395646

Nominal Interest Rate Pegging Under Alternative Expectations Hypotheses

International Monetary Fund - 1988

Nominal interest rate pegging leads to instability in an IS-LM model with a vertical long-run Phillips curve and backward-looking inflation expectations. However, it does not lead to instability in several large multicountry econometric models, apparently primarily because these models have...

Persistent link: https://www.econbiz.de/10014396137

Dynamic Responses to Policy and Exogenous Shocks in an Empirical Developing-Country Model with Rational Expectations

International Monetary Fund - 1990

The dynamic responses of a developing economy to a variety of policy and external shocks are studied using an empirical macroeconomic model which embodies rational expectations, perfect capital mobility, and import rationing. These features, which are relatively new in developing-country...

Persistent link: https://www.econbiz.de/10014396467

An Econometric Rational Expectations Macroeconomic Model for Developing Countries with Capital Controls

International Monetary Fund - 1990

A small macroeconomic model based on familiar theoretical considerations is developed and estimated using data from 31 developing countries. Efficient estimation techniques are used to control for country heterogeneity under the assumption of rational expectations. The estimates and the test...