Narrow search
Showing 1 - 10 of 195
Cover Image
Transactions Costs and Vehicle Currencies
International Monetary Fund - 1989
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/10014396025
Cover Image
Trade Costs and Real Exchange Rate Volatility : The Role of Ricardian Comparative Advantage
International Monetary Fund - 2005
This paper examines the impact of trade costs on real exchange rate volatility. We incorporate a multi-country Ricardian model of trade, based on the work of Eaton and Kortum (2002), into a macroeconomic model to show how bilateral real exchange rate volatility depends on relative technological...
Persistent link: https://www.econbiz.de/10014399797
Cover Image
Anticipation and Surprises in Central Bank Interest Rate Policy : The Case of the Bundesbank
International Monetary Fund - 1998
Market reaction to a change in official interest rates will depend on the extent to which the change is anticipated, and on how it is interpreted as a signal of future policy. In this paper, a technique is developed to separate the anticipated and unanticipated components of such changes and is...
Persistent link: https://www.econbiz.de/10014400820
Cover Image
United Germany : the first five years ; performance and policy issues
Corker, Robert (contributor); Feldman, Robert A. (contributor) - International Monetary Fund - 1995
Persistent link: https://www.econbiz.de/10000543705
Cover Image
Following Germany'S Lead : Using International Monetary Linkages to Identify the Effect of Monetary Policyon the Economy
International Monetary Fund - 2005
-looking monetary policy decisions. The bias is higher for countries whose monetary policy was more independent of Germany …
Persistent link: https://www.econbiz.de/10014400699
Cover Image
Germany : 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice; and Statement by the Executive Director for Germany
International Monetary Fund - 2008
The German economy has made major strides, helped by wide-ranging reforms. Greater transparency and stronger incentives for prudent action will support crisis prevention and management. The immediate priorities are preserving the integrity of the financial system and maintaining economic...
Persistent link: https://www.econbiz.de/10014401585
Cover Image
Germany : Selected Issues
International Monetary Fund - 2008
leading to speculation about delayed increases or competitive pressures. Given Germany’s large size and openness, spillover … interactions appear to have increased over time. In the midst of a strong recovery, Germany is facing shortages of labor, the … emigration of high-skilled labor, and a reduction in immigration. Germany’s traditionally insider-dominated corporate governance …
Persistent link: https://www.econbiz.de/10014401906
Cover Image
Germany : 2000 Article IV Consultation-Staff Report; Statement by Staff Representative; and Public Information Notice Following Consultation
International Monetary Fund - 2000
Germany. Germany's focus on actual, rather than cyclically adjusted, fiscal goals and outcomes carries the risk of rendering …
Persistent link: https://www.econbiz.de/10014402356
Cover Image
Germany : Selected Issues
International Monetary Fund - 2000
economic environment and policies. Declining labor shares, wage moderation, and employment performance in Germany and the …
Persistent link: https://www.econbiz.de/10014402633
Cover Image
Germany : 2010 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Germany
International Monetary Fund - 2010
This 2010 Article IV Consultation highlights that the German economy is regaining the ground lost in the crisis. Policy support, restocking, and an uptick in global demand have lifted the economy from the recession. The authorities used the available fiscal space to implement countercyclical...
Persistent link: https://www.econbiz.de/10014403324