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Oil Shocks and External Balances
International Monetary Fund - 2007
of oil shocks on the merchandise trade balance and the current account, which depending on the source of the shock can be …
Persistent link: https://www.econbiz.de/10014401265
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The Effects of Currency Substitutionon the Response of the Current Account to Supply Shocks
International Monetary Fund - 1988
introduced into the analysis, the same shock could cause a current account deficit. Furthermore, the higher the dependence of the …
Persistent link: https://www.econbiz.de/10014396256
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Current Account Dynamics : The Role of Real Shocks
International Monetary Fund - 1989
This paper demonstrates how a full-blown optimizing model of the dynamics of the current account can be reduced to a small-scale collection of reduced-form relations capable of implementing a rich set of macro-economic simulations. Emphasizing the role of shocks to productivity, labor...
Persistent link: https://www.econbiz.de/10014395801
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Commodity Markets and the International Transmission of Fiscal Shocks
International Monetary Fund - 1988
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/10014395951
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A Noteon Terms of Trade Shocks and the Wage Gap
International Monetary Fund - 2010
skilled-intensive sectors while it shrinks in unskilled-intensive ones, the more so as terms of trade volatility decreases …
Persistent link: https://www.econbiz.de/10014403224
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Guidance Note on the Exogenous Shocks Facility
International Monetary Fund - 2006
The ESF, established within the Poverty Reduction and Growth Facility and Exogenous Shocks Facility (PRGF-ESF) Trust, complements existing Fund instruments for providing timely support, including financing at more appropriate terms, to low-income members that are facing sudden and exogenous...
Persistent link: https://www.econbiz.de/10014410054
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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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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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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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Exchange Rate Volatility and Trade Flows : Some New Evidence
International Monetary Fund - 2004
Persistent link: https://www.econbiz.de/10014409758