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We argue that the U.S. personal saving rate’s long stability (from the 1960s through the early 1980s), subsequent steady decline (1980s - 2007), and recent substantial increase (2008 - 2011) can all be interpreted using a parsimonious ‘buffer stock’ model of optimal...
Persistent link: https://www.econbiz.de/10011242291
Klyuev (2008) concluded that the Canadian market for housing finance is highly advanced and sophisticated, but …
Persistent link: https://www.econbiz.de/10008528667
The recent boom-and-bust cycle in housing prices has refreshed the debate on the drivers of housing cycles as well as … the appropriate policy response. We analyze the case of Spain, where housing prices have soared since it joined the EMU …
Persistent link: https://www.econbiz.de/10008839338
these spillovers into trade, commodity price, and financial market channels. For Canada, a one percent shock to U.S. real … important than trade in recent decades. Thus, a large proportion of the reduction in Canadian output volatility since the 1980s ….S. shock-"when the U.S. sneezes, Mexico catches a cold". These spillovers are transmitted through both trade and financial …
Persistent link: https://www.econbiz.de/10005264075
This 2006 Article IV Consultation highlights that a broad-based economic upturn is under way in Sweden, spurred by strong global growth and supportive fiscal and monetary policies. Private consumption has served as the engine of expansion, supported by resurgence in investment and buoyant...
Persistent link: https://www.econbiz.de/10011244462
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10011244613
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10011244663
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10011244804
, average crude oil prices, agricultural production, population of the Emirates, sectoral distribution of civilian employment … payments, and direction of trade. …
Persistent link: https://www.econbiz.de/10011244971
This paper on Romania was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on September 13, 2012. The views expressed in this...
Persistent link: https://www.econbiz.de/10011245066