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Spillovers to and from the Nordic Economies: A Macroeconometric Model Based Analysis
Vitek, Francis - International Monetary Fund (IMF) - 2013
This paper analyzes the transmission of shocks and policies among and across the Nordic economies and the rest of the world. This spillover analysis is based on a pair of estimated structural macroeconometric models of the world economy, disaggregated into thirty five national economies. We find...
Persistent link: https://www.econbiz.de/10010790263
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The Great Recession and the Inflation Puzzle
Matheson, Troy; Stavrev, Emil - International Monetary Fund (IMF) - 2013
Notwithstanding persistently-high unemployment following the Great Recession, inflation in the United States has been …
Persistent link: https://www.econbiz.de/10010790401
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A Phillips Curve with Anchored Expectations and Short-Term Unemployment
Ball, Laurence M.; Mazumder, Sandeep - International Monetary Fund (IMF) - 2015
-market slack is captured by the level of shortterm unemployment. This equation explains inflation behavior since 2000, including … the failure of high total unemployment since 2008 to reduce inflation greatly. The fit of our equation is especially good … general Phillips curve in which core inflation depends on short-term unemployment and on expected inflation as measured by the …
Persistent link: https://www.econbiz.de/10011242402
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Singapore; 2005 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Authorities of Singapore
International Monetary Fund (IMF); International … - 2006
This 2005 Article IV Consultation highlights that Singapore’s economy has recovered rapidly since mid-2003, having weathered a series of adverse shocks since the Asian crisis. This turnaround owes much to a favorable external environment, supportive macroeconomic policies, and continued...
Persistent link: https://www.econbiz.de/10011245850
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China's Growth and Integration into the World Economy; Prospects and Challenges
Prasad, Eswar - International Monetary Fund (IMF) - 2004
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been among the most dramatic global economic developments of recent decades. This paper provides an overview of some of the key aspects of recent developments in China’s...
Persistent link: https://www.econbiz.de/10005252521
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Hong Kong SAR; Meeting the Challenges of Integration with the Mainland
Lee, William; Chan-Lau, Jorge A.; Iakova, Dora M.; Papa … - International Monetary Fund (IMF) - 2004
This Occasional Paper provides an overview of the main challenges facing Hong Kong SAR as it continues to become more closely integrated with the mainland of China. Section I provides an overview of recent macroeconomic developments and the main policy issues in Hong Kong SAR. Section II...
Persistent link: https://www.econbiz.de/10005590857
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Output and Unemployment Dynamics During the Great Recession; A Panel Unobserved Components Analysis
Vitek, Francis - International Monetary Fund (IMF) - 2010
This paper analyzes the sources of output and unemployment dynamics in the world economy during the Great Recession …
Persistent link: https://www.econbiz.de/10008646428
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Mauritius; Selected Issues and Statistical Appendix
International Monetary Fund (IMF); International … - 2006
The empirical study shows that the equilibrium real exchange rate in Mauritius has been affected by the terms of trade, as well as by other fundamental determinants. It assesses the challenges posed to Mauritius’s trade performance by the expiration of the preferential trade arrangements....
Persistent link: https://www.econbiz.de/10011244211
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Malta; 2007 Article IV Consultation: Staff Report and Public Information Notice on the Executive Board Discussion
International Monetary Fund (IMF); International … - 2007
This 2007 Article IV Consultation highlights that Malta’s economic recovery is gaining traction, owing in large part to cyclical strength and some structural change. A public investment boom, financed largely by grants from the European Union, reignited growth in 2005. A modest recovery...
Persistent link: https://www.econbiz.de/10011244380
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Bolivia; Selected Issues
International Monetary Fund (IMF); International … - 2006
This paper analyzes Bolivia’s growth performance with a focus on the regional and sectoral patterns of growth, and examines the sources of growth. It discusses the evolution of the hydrocarbon sector, its importance in the economy, and reforms. It also analyzes the intergovernmental...
Persistent link: https://www.econbiz.de/10011244428