Narrow search
Showing 1 - 10 of 287
Cover Image
Saving-Investment Correlations : Immobile Capital. Government Policy or Endogenous Behavior?
International Monetary Fund - 1989
This paper analyzes reasons for the high post-war correlations of saving and investment, both across countries and over time. It is concluded that the main reason for the observed high correlations over the recent period is probably government policy
Persistent link: https://www.econbiz.de/10014396226
Cover Image
Moreon the Effectiveness of Public Spendingon Health Care and Education : A Covariance Structure Model
International Monetary Fund - 2002
Using data for a sample of developing and transition countries, this paper estimates the relationship between government spending on health care and education, and social indicators. Unlike previous studies, where social indicators are used as proxies for the unobservable health and education...
Persistent link: https://www.econbiz.de/10014399239
Cover Image
Kingdom of the Netherlands; Netherlands: Selected Issues
International Monetary Fund (IMF); International … - 2008
Overall competitiveness of the Dutch economy seems adequate, but domestically produced exports have lost market share recently. Over the past three decades, globalization has greatly influenced economies as countries have become more integrated. Empirical studies on business cycles...
Persistent link: https://www.econbiz.de/10011244098
Cover Image
Australia; Report on the Observance of Standards and Codes-Data Module
International Monetary Fund (IMF); International … - 2010
Australia’s statistics are of a high quality. Based on the review of its statistical practices, a set of recommendations is presented designed to increase its adherence to internationally accepted statistical practices. The aim of the review is to enhance the usefulness of...
Persistent link: https://www.econbiz.de/10011245704
Cover Image
Adopting the Euro in Central Europe; Challenges of the Next Step in European Integration
International Monetary Fund (IMF); International … - 2005
Upon entry into the European Union, countries become members of the Economic and Monetary Union (EMU), with a derogation from adopting the euro as their currency (that is, each country joining the EU commits to replace its national currency with the euro, but can choose when to request...
Persistent link: https://www.econbiz.de/10005767345
Cover Image
Russian Federation; Selected Issues
International Monetary Fund (IMF); International … - 2005
This Selected Issues paper analyzes the entrenched inflation in Russia. It presents a possible explanation for the entrenched inflation stating that the Russian economy is facing increasing supply-side constraints in goods and labor markets. The paper focuses on measuring the performance of...
Persistent link: https://www.econbiz.de/10005591269
Cover Image
Guarding Against Fiscal Risks in Hong Kong SAR
International Monetary Fund (IMF); International … - 2007
Hong Kong SAR's government faces the dual challenges of volatile revenue and medium term spending pressures arising from a rapidly aging population. Age-related spending pressures raise long-run sustainability concerns, while revenue volatility creates risks to service provision, possibly...
Persistent link: https://www.econbiz.de/10005599716
Cover Image
India; Selected Issues
International Monetary Fund (IMF); International … - 2009
Despite the external origin of the financial crisis, the potential impact on India’s corporate sector could be large, as India has become increasingly integrated with the global economy in the past decade. The Selected Issues paper discusses India’s economic development and...
Persistent link: https://www.econbiz.de/10011244625
Cover Image
Fat Tails and their (Un)Happy Endings; Correlation Bias and its Implications for Systemic Risk and Prudential Regulation
International Monetary Fund (IMF); International … - 2011
The correlation bias refers to the fact that claim subordination in the capital structure of the firm influences claim … holders’ preferred degree of asset correlation in portfolios held by the firm. Using the copula capital structure model, it … is shown that the correlation bias shifts shareholder preferences towards highly correlated assets, making financial …
Persistent link: https://www.econbiz.de/10009019569
Cover Image
A Noteon Saving-Investment Correlations in the EMS
International Monetary Fund - 1990
This paper extends recent work by Feldstein and Horioka (1980) and Bayoumi (1990), and examines saving-investment correlations for industrial countries in the post-war period. The focus of the enquiry is on differences observed between EMS and non-EMS countries. It is seen that the EMS countries...
Persistent link: https://www.econbiz.de/10014396141