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Spillovers From Europe Into Morocco and Tunisia
Florea, Daniel; Toujas-Bernate, Joël; Bock, Reinout De - International Monetary Fund (IMF) - 2010
growth in Morocco and Tunisia. For Tunisia, exports and, to a much lesser extent, tourism appear to be the major transmission … channels. In Morocco, exports, remittances and tourism play relatively equal roles. An analysis with sectoral data supports …
Persistent link: https://www.econbiz.de/10008727792
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From Subprime Loans to Subprime Growth? Evidence for the Euro Area
Cihák, Martin; Brooks, Petya Koeva - International Monetary Fund (IMF) - 2009
The global financial crisis has highlighted the potential of financial conditions for influencing real economic activity. We examine the linkages between the financial and real sectors in the euro area, finding that (i) bank loan supply responds negatively to declines in bank soundness; (ii) a...
Persistent link: https://www.econbiz.de/10005825755
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Credit Constraints, Productivity Shocks and Consumption Volatility in Emerging Economies
Bhattacharya, Rudrani; Patnaik, Ila - International Monetary Fund (IMF) - 2013
consumption volatility. Calibration of the model for pre and post financial reform in India provides support for the model's key …
Persistent link: https://www.econbiz.de/10010790416