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Output Gap Uncertainty and Real-Time Monetary Policy

Grigoli, Francesco; Herman, Alexander; Swiston, Andrew; … - International Monetary Fund (IMF) - 2015

Output gap estimates are subject to a wide range of uncertainty owing to data revisions and the difficulty in distinguishing between cycle and trend in real time. This is important given the central role in monetary policy of assessments of economic activity relative to capacity. We show that...

Persistent link: https://www.econbiz.de/10011163120

Nonfinancial Firms in Latin America; A Source of Vulnerability?

Gonzalez, Maria - International Monetary Fund (IMF) - 2012

We examine corporate sector vulnerabilities in Brazil, Chile, Colombia, Mexico and Peru. First, we identify stylized …

Persistent link: https://www.econbiz.de/10011242251

Public Investment as an Engine of Growth

Warner, Andrew M. - International Monetary Fund (IMF) - 2014

This paper looks at the empirical record whether big infrastructure and public capital drives have succeeded in accelerating economic growth in low-income countries. It looks at big long-lasting drives in public capital spending, as these were arguably clear and exogenous policy decisions. On...

Persistent link: https://www.econbiz.de/10010959467

Bolivia: Fiscal Transparency Assessment

International Monetary Fund (IMF); International … - 2014

This paper elaborates Boliviaâ€™s fiscal transparency assessment report. The purpose of this IMF report is to facilitate countries in analyzing the fiscal situation through the appropriate basic, good, and advanced practices to identify which areas might benefit from reforms. These reforms...

Persistent link: https://www.econbiz.de/10011245854

Bolivia: Staff Report for the 2013 Article IV Consultation

International Monetary Fund (IMF); International … - 2014

mid-2000s have helped Bolivia to nearly triple income per capita and reduce poverty. The economy benefited from high …

Persistent link: https://www.econbiz.de/10011243150

Identifying Binding Constraints to Growth: Does Firm Size Matter?

Vargas, Mauricio - International Monetary Fund (IMF) - 2015

categorical endogenous regressor to estimate, for the case of Bolivia, the conditional probability of facing obstacles given the …

Persistent link: https://www.econbiz.de/10011142074

Suriname: Selected Issues

International Monetary Fund (IMF); International … - 2013

This Selected Issues paper focuses on constructing a high-frequency economic growth indicator for Suriname. Most economic data for Suriname are available only with a substantial time lag and on a low-frequency basis, impeding such analyses. This paper presents a simple econometric model that...

Persistent link: https://www.econbiz.de/10011243069

Guinea; Poverty Reduction Strategy Paperâ€”Joint Staff Advisory Note

International Monetary Fund (IMF); International … - 2013

mining companies. Private investment is projected to increase from 17.8 percent of GDP in 2012 to more than 40 percent in …

Persistent link: https://www.econbiz.de/10011243561

Peru: Selected Issues Paper

International Monetary Fund (IMF); International … - 2014

This Selected Issues paper examines application of fiscal framework alternatives to the case of Peru. Although growth … has been at historical highs over the last decade, Peru still has an important infrastructure gap and a quarter of its … case of Peru. It takes stock of analytical considerations to resource management, and analyzes Peruâ€™s natural resource …

Persistent link: https://www.econbiz.de/10011244249

Peru: Staff Report for the 2013 Article IV Consultation

International Monetary Fund (IMF); International … - 2014

This 2013 Article IV Consultation highlights that Peruâ€™s economy continues to be a leader in high growth and low inflation in the region, which has been achieved through a prudent macroeconomic policy implementation, a far-reaching structural reform agenda and taking advantage of the...

Persistent link: https://www.econbiz.de/10011245344