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Fund's Concepts of Convertibility
International Monetary Fund - 1971
This paper examines the IMF's concepts of convertibility and gives some impression of their purposes. The central concept of convertibility in the Articles is the convertibility of Article VIII, Sections 2, 3, and 4. Under it, the basic rule is that members must avoid restrictions on the making...
Persistent link: https://www.econbiz.de/10014394420
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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 … exchange rate volatility depends on relative technological differences and trade costs. These differences highlight a new … volatility. We then test the importance of this channel using a large panel of cross-country data over 1970-97, and find strong …
Persistent link: https://www.econbiz.de/10014399797
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Exchange Rate Volatility and World Trade
International Monetary Fund - 1984
In View of the continuation of substantial movements in exchange rate relationships among major currencies, the recent increase in protectionist pressures, and the disappointing performance of world trade, renewed concern has been expressed about the possible adverse effects of exchange rate...
Persistent link: https://www.econbiz.de/10014406218
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Remoteness and Real Exchange Rate Volatility
International Monetary Fund - 2005
This paper examines the impact of trade costs on real exchange rate volatility. The channel is examined by constructing … higher trade costs result in a larger nontradable sector. This, in turn, leads to higher real exchange rate volatility. We …
Persistent link: https://www.econbiz.de/10014404193
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Balance of payments concepts and definitions
1976 - 2. ed. Reprinted
Persistent link: https://www.econbiz.de/10000577012
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On the Estimation of Term Structure Models and An Application to the United States
International Monetary Fund - 2010
This paper discusses the estimation of models of the term structure of interest rates. After reviewing the term structure models, specifically the Nelson-Siegel Model and Affine Term- Structure Model, this paper estimates the terms structure of Treasury bond yields for the United States with...
Persistent link: https://www.econbiz.de/10014402641
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International financial statistics. Supplement on Fund accounts
1982
Persistent link: https://www.econbiz.de/10000580072
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Framework Administered Account for Selected Fund Activities : International Forum Sovereign Wealth Funds Subaccount
International Monetary Fund - 2012
In March 2009, the Fund established a new Framework Administered Account to administer external financial resources for selected Fund activities (the 'SFA Instrument'). The financing of activities under the terms of the SFA Instrument is implemented through the establishment and operation of a...
Persistent link: https://www.econbiz.de/10014409986
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British Virgin Islands : Financial Sector Assessment Program Update Documentation: Technical Note on Mutual Fund Regulation
International Monetary Fund - 2010
In a previous assessment, it was concluded that the British Virgin Islands (BVI) regulatory system governing securities markets functioned well overall, but required improvement in certain areas. Those areas are implemented with regulatory code, Securities and Investment Business Act (SIBA),...
Persistent link: https://www.econbiz.de/10014403693
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Funding the IMF
International Monetary Fund - 2005
This paper discusses reasons functions of the IMF, why it needs more resources, and how these resources will be used. The IMF provides a forum for cooperation, having as its objective the balanced expansion of international trade in order to stimulate employment and improve economic conditions...
Persistent link: https://www.econbiz.de/10014397526