Showing 1 - 10 of 259
Capital flows to the nonindustrial countries share three striking characteristics. First, the bulk, of these flows was in the form of debt, not equity; second, the loans were mostly to, or guaranteed by, debtor governments; and third, these debts were largely bank loans, not bonds. This paper...
Persistent link: https://www.econbiz.de/10014396446
This paper examines the extent of international financial integration, and its consequences for the current account. The evidence indicates that financial liberalization in the 1970s and 1980s has resulted in a substantial movement towards closer integration of world capital markets. By reducing...
Persistent link: https://www.econbiz.de/10014395900
Assiduously tracking the trends and consequences of globalization, the IMF's quarterly magazine Finance & Development has been a major forum for discussing-and dissecting-the policy options and challenges faced by governments in an era when many national decisions transcend borders. This...
Persistent link: https://www.econbiz.de/10014404799
This paper analyzes the effects of several policy and other macro-economic variables on the ratio of private investment … econometric evidence indicates that the rate of private investment is positively related to the real growth rate of GDP, public … sector investment, and to a lesser extent the level of per capita GDP, while it is negatively related to domestic inflation …
Persistent link: https://www.econbiz.de/10014395767
This paper examines the behavior of business fixed investment in the United States in the 1980s. A background … discussion of the long-term behavior of the components of business fixed investment is provided, setting the context for the … empirical analysis. A standard neoclassical model of business fixed investment is specified and estimated, with output and the …
Persistent link: https://www.econbiz.de/10014396320
2008 mortgage market shock from the United States) and regional significance (in Asia, Latin America, and Central and …
Persistent link: https://www.econbiz.de/10014410409
We examine the effect of non-zero, long-run foreign asset positions on consumption dynamics in response to productivity shocks in a two-country, dynamic, general equilibrium model, with different discount factors across countries populated by overlapping generations of households. We then...
Persistent link: https://www.econbiz.de/10014400067
The coordinated Portfolio Investment Survey Guide is provided to assist balance of payments compilers in the conduct of …
Persistent link: https://www.econbiz.de/10014401923
This paper reviews the coordinated portfolio investment survey (CPIS) guide. The objectives of CPIS are to collect … investment position statistics on portfolio investment capital. This paper discusses the scope and modalities of the CPIS. It …
Persistent link: https://www.econbiz.de/10014405494
This paper presents a coordinated portfolio investment survey guide provided to assist national compilers in the … conduct of the Coordinated Portfolio Investment Survey, conducted under the auspices of the IMF with reference to the year …
Persistent link: https://www.econbiz.de/10014397773