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Information Rigidities in Economic Growth Forecasts; Evidence from a Large International Panel
Dovern, Jonas; Fritsche, Ulrich; Loungani, Prakash; … - International Monetary Fund (IMF) - 2013
validity of the sticky information model (Mankiw and Reis, 2002) for describing the dynamics of professional growth forecasts …. Instead, the empirical evidence is more in line with implications of "noisy" information models (Woodford, 2002; Sims, 2003 …). Second, we find that information rigidities are more pronounced in emerging economies than advanced economies. Third, there …
Persistent link: https://www.econbiz.de/10011242185
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Germany; Selected Issues
International Monetary Fund (IMF); International … - 2008
Increases in core inflation owing to the VAT hike were smaller than expected, initially constituting a puzzle and leading to speculation about delayed increases or competitive pressures. Given Germany’s large size and openness, spillover interactions appear to have increased over time. In...
Persistent link: https://www.econbiz.de/10011244476
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Canada; Selected Issues
International Monetary Fund (IMF); International … - 2006
This paper documents two aspects of Canada’s regional diversity and compares the results with those across U.S. regions. Although gradually converging, Canadian provinces exhibit a considerably diverse economic structure. The paper suggests that the reduction in macroeconomic volatility...
Persistent link: https://www.econbiz.de/10011244777
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Thailand; Report on the Observance of Standards and Codes: Data Module, Response by the Authorities, Detailed Assessments Using the Data Quality Assessment Framework (DQAF)
International Monetary Fund (IMF); International … - 2006
The report on Thailand’s Observance of Standards and Codes examines Data Module, response by the authorities, and detailed assessments using the data quality assessment framework. Thailand possesses a well-developed macroeconomic statistical system, with much strength that spans all of...
Persistent link: https://www.econbiz.de/10011245520
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Botswana; Report on the Observance of Standards and Codes: Data Module, Response by the Authorities, and Detailed Assessment Using the Data Quality Assessment Framework (DQAF)
International Monetary Fund (IMF); International … - 2007
The Report on the Observance of Standards and Codes (ROSC)—Data Module provides an assessment of Botswana’s macroeconomic statistics against the recommendations of the General Data Dissemination System, complemented by an assessment of data quality based on the IMF’s Data...
Persistent link: https://www.econbiz.de/10011245817
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Northern Star; Canada's Path to Economic Prosperity
Klyuev, Vladimir; Mühleisen, Martin; Bayoumi, Tamim - International Monetary Fund (IMF) - 2007
Robust GDP growth, declining unemployment, low and stable inflation, and a string of fiscal and current account surpluses -- it's a record to be envied. These outcomes in Canada owe much to sound macroeconomic policies, as well as to a favorable external environment. This book focuses on these...
Persistent link: https://www.econbiz.de/10011245903
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Financial Development, the Structure of Capital Markets, and the Global Digital Divide
Yartey, Charles Amo - International Monetary Fund (IMF) - 2006
information communication technology (ICT). Using panel data for 76 emerging and advanced countries for the period 1990-2003, the … financial development in the market for knowledge-based products, and are consistent with theoretical predictions. The finding …
Persistent link: https://www.econbiz.de/10005263968
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The General Data Dissemination System (GDDS)-A Reflectionon its First 12 Years and Plans for Taking it Forward
Kibuka, Robin D.; Enoch, Charles - International Monetary Fund (IMF) - 2009
The paper reviews the developments in the last 12 years that have influenced the evolution of the IMF's General Data Dissemination System, leading to reforms to enhance its role. The GDDS itself is part of a broader IMF Data Standards Initiative launched in 1996 to help address macroeconomic...
Persistent link: https://www.econbiz.de/10008561073
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Euro Area Policies; Selected Issues
International Monetary Fund (IMF); International … - 2004
This Selected Issues paper on Euro Area Policies underlies global rebalancing of accounts. From a growth-accounting perspective, slower growth in the capital-labor ratio seems to be the main driver behind the deceleration in labor productivity. The increase in bilateral trade was accompanied by...
Persistent link: https://www.econbiz.de/10005825029
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United States; Selected Issues
International Monetary Fund (IMF); International … - 2004
This Selected Issues paper examines the role of information and communication technology (ICT) in the recent …
Persistent link: https://www.econbiz.de/10005825041