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Indonesia; Selected Issues
International Monetary Fund (IMF); International … - 2012
This selected issues paper on Indonesia 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 August 21, 2012. The views expressed...
Persistent link: https://www.econbiz.de/10011243208
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Getting to Know GIMF; The Simulation Properties of the Global Integrated Monetary and Fiscal Model
Anderson, Derek; Hunt, Ben; Kortelainen, Mika; Kumhof, … - International Monetary Fund (IMF) - 2013
The Global Integrated Monetary and Fiscal model (GIMF) is a multi-region, forward-looking, DSGE model developed by the Economic Modeling Division of the IMF for policy analysis and international economic research. Using a 5-region version of the GIMF, this paper illustrates the model’s...
Persistent link: https://www.econbiz.de/10011242434
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Real Exchange Rates in Developing Countries; Are Balassa-Samuelson Effects Present?
Khan, Mohsin S.; Choudhri, Ehsan U. - International Monetary Fund (IMF) - 2004
developing countries. The paper finds that the traded-nontraded productivity differential is a significant determinant of the …
Persistent link: https://www.econbiz.de/10005826100
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What Explains India's Real Appreciation?
Kohli, Renu; Mohapatra, Sudip - International Monetary Fund (IMF) - 2007
growth suggests Balassa-Samuelson factors at play. However, after 1990, the tradable-nontradable labor productivity gap, the …
Persistent link: https://www.econbiz.de/10005826517
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Dissecting Taylor Rules in a Structural VAR
Choi, Woon Gyu; Wen, Yi - International Monetary Fund (IMF) - 2010
This paper uncovers Taylor rules from estimated monetary policy reactions using a structural VAR on U.S. data from 1959 to 2009. These Taylor rules reveal the dynamic nature of policy responses to different structural shocks. We find that U.S. monetary policy has been far more responsive over...
Persistent link: https://www.econbiz.de/10008519477
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Fiscal Stimulus to the Rescue? Short-Run Benefits and Potential Long-Run Costs of Fiscal Deficits
Laxton, Douglas; Muir, Dirk; Kumhof, Michael; Mursula, … - International Monetary Fund (IMF) - 2009
This paper uses the IMF's Global Integrated Monetary and Fiscal Model to compute shortrun multipliers of fiscal stimulus measures and long-run crowding-out effects of higher debt. Multipliers of two-year stimulus range from 0.2 to 2.2 depending on the fiscal instrument, the extent of monetary...
Persistent link: https://www.econbiz.de/10008497609
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The Declining Importance of Tradable Goods Manufacturing in Australia and New Zealand; How Much Can Growth Theory Explain?
Hunt, Ben - International Monetary Fund (IMF) - 2009
productivity growth in the tradable goods sector in Australia, New Zealand, and their major trading partners accounts for a …
Persistent link: https://www.econbiz.de/10005248284
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Investment-Led Growth in China; Global Spillovers
Ahuja, Ashvin; Nabar, Malhar - International Monetary Fund (IMF) - 2012
Over the past decade, China’s growth model has become more reliant on investment and its footprint in global imports … has widened substantially. Several economies within China’s supply chain are increasingly exposed to its investment …-led growth and face growing risks from a deceleration in investment in China. This note quantifies potential global spillovers …
Persistent link: https://www.econbiz.de/10011242248
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Uganda; Selected Issues and Statistical Appendix
International Monetary Fund (IMF); International … - 2005
growth from total factor productivity has been minor, while the high population growth poses a significant challenge to …
Persistent link: https://www.econbiz.de/10005825438
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Global Imbalances; The Role of Non-Tradabletotal Factor Productivity in Advanced Economies
Rebucci, Alessandro; Batini, Nicoletta; Cova, Pietro; … - International Monetary Fund (IMF) - 2009
This paper investigates the role played by total factor productivity (TFP) in the tradable and nontradable sectors of …
Persistent link: https://www.econbiz.de/10005825739