Narrow search
Showing 1 - 10 of 399
Cover Image
The Investment Technology of Foreign and Domestic Institutional Investors in an Emerging Market
Patnaik, Ila; Shah, Ajay - International Monetary Fund (IMF) - 2013
The literature on the investment technology of foreign versus domestic investors has inconclusive results. This paper … that foreign investors in India do remarkably poorly at security selection. …
Persistent link: https://www.econbiz.de/10010790259
Cover Image
Disentangling India’s Investment Slowdown
Anand, Rahul; Tulin, Volodymyr - International Monetary Fund (IMF) - 2014
This paper documents the recent slowdown in investment in India and explores its underlying causes. The sharp … investment deceleration has sparked an intense debate about the role of interest rates, as well as business confidence and … economic policy uncertainty. Our results suggest that while explaining aggregate investment activity better than nominal …
Persistent link: https://www.econbiz.de/10011142175
Cover Image
Foreign Investors Under Stress; Evidence from India
Patnaik, Ila; Shah, Ajay; Singh, Nirvikar - International Monetary Fund (IMF) - 2013
focused on tail events, which yields evidence on these questions. The results, for India, do not suggest that financial …
Persistent link: https://www.econbiz.de/10011242270
Cover Image
Official Demand for U.S. Debt: Implications for U.S. Real Interest Rates
Kaminska, Iryna; Zinna, Gabriele - International Monetary Fund (IMF) - 2014
By constructing and estimating a structural arbitrage-free model of demand pressures on US real rates, we find that recent purchases of US government debt securities by the Fed and foreign officials have significantly affected the level and the dynamics of US real rates. In particular, by 2008,...
Persistent link: https://www.econbiz.de/10010790349
Cover Image
Measuring External Risks for Peru: Insights from a Macroeconomic Model for a Small Open and Partially Dollarized Economy
Han, Fei - International Monetary Fund (IMF) - 2014
, China’s investment slowdown and the U.S. monetary policy tightening. In particular, a macroeconomic model for a small open …
Persistent link: https://www.econbiz.de/10011142105
Cover Image
The Effects of U.S. Unconventional Monetary Policy on Asia Frontier Developing Economies
Rafiq, Sohrab - International Monetary Fund (IMF) - 2015
This paper explores the effect of U.S. unconventional monetary policy (QE2) on a group of frontier developing economies (FDEs) in Asia. This paper finds that spillovers emanating from the U.S. on FDEs in Asia have been small. The relative insulation of emerging Asia from the global financial...
Persistent link: https://www.econbiz.de/10011163125
Cover Image
Iceland: Selected Issues Paper
International Monetary Fund (IMF); International … - 2015
This Selected Issues paper examines implications of capital account liberalization in Iceland. Capital controls were critical in 2008 to avoid a more severe collapse of the Icelandic economy. Six years later, capital inflows have been liberalized, but most outflows remain restricted. Iceland has...
Persistent link: https://www.econbiz.de/10011244178
Cover Image
Euro Area Policies: Selected Issues
International Monetary Fund (IMF); International … - 2014
This Selected Issues paper assesses the youth unemployment problem in advanced European economies, especially the euro area. Youth unemployment rates increased sharply in the euro area after the crisis. Much of these increases can be explained by output dynamics and the greater sensitivity of...
Persistent link: https://www.econbiz.de/10011244439
Cover Image
Denmark: Systemic Issues in Mortgage Loans and Covered Bond Finance - Technical Note
International Monetary Fund (IMF); International … - 2014
This technical note analyzes systemic issues in mortgage loans and covered bond finance in Denmark. Mortgage lending has seen significant product innovation in recent years. Loans with adjustable interest rates and/or interest-only periods, which have been introduced since the late 1990s, had...
Persistent link: https://www.econbiz.de/10011245333
Cover Image
Money isn't Everything; The Challenge of Scaling Up Aid to Achieve the Millennium Development Goals in Ethiopia
Mattina, Todd D. - International Monetary Fund (IMF) - 2006
This paper outlines the challenge of developing an operational macroeconomic framework in Ethiopia consistent with the large envisaged scaling up of aid to achieve the Millennium Development Goals (MDGs). This paper describes an MDG scenario that addresses both microeconomic and macroeconomic...
Persistent link: https://www.econbiz.de/10005248180