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Does Supply or Demand Drive the Credit Cycle? Evidence from Central, Eastern, and Southeastern Europe
Everaert, Greetje; Che, Natasha Xingyuan; Geng, Nan; … - International Monetary Fund (IMF) - 2015
studies (Latvia, Lithuania, Montenegro, Poland, and Romania). Our results of the panel data analysis indicate that supply …. In the case studies, we find a similar result for Lithuania and Montenegro, but the other three case studies point to the …
Persistent link: https://www.econbiz.de/10011163123
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International Capital Transactions - Should They Be Restricted?
Fieleke, Norman S. - International Monetary Fund (IMF) - 1993
Persistent link: https://www.econbiz.de/10005769369
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The Evolution of Current Account Deficits in the Euro Area Periphery and the Baltics; Many Paths to the Same Endpoint
Kang, Joong Shik; Shambaugh, Jay C. - International Monetary Fund (IMF) - 2013
Explanations of the large current account deficits for the euro area periphery and the Baltics in the run up to the crisis revolve around two main factors: deteriorating export performance or demand driven booms. We add that there were important movements in transfers and net income balances....
Persistent link: https://www.econbiz.de/10011242364
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Demand Patterns in France, Germany, and Belgium: Can We Explain the Differences?
Lebrun, Igor; Ruiz, Esther Pérez - International Monetary Fund (IMF) - 2014
core. This paper puts recent demand patterns in France, Germany, and Belgium into historical perspective. We find that …
Persistent link: https://www.econbiz.de/10010959463
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Recent Fiscal Developments in the European Countries of the G-7
Green, J. H.; Habermeier, Karl Friedrich; O'Callaghan, Gary - International Monetary Fund (IMF) - 1994
Persistent link: https://www.econbiz.de/10005605539
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A Global Projection Model for Euro Area Large Economies
Jakab, Zoltan; Lukyantsau, Pavel; Wang, Shengzu - International Monetary Fund (IMF) - 2015
The GPM project is designed to improve the toolkit for studying both own-country and cross-country linkages. This paper creates a special version of GPM that includes the four largest Euro Area (EA) countries. The EA countries are more vulnerable to domestic and external demand shocks because...
Persistent link: https://www.econbiz.de/10011242224
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Unemployment and Structural Unemployment in the Baltics
Ebeke, Christian; Everaert, Greetje - International Monetary Fund (IMF) - 2014
While the unemployment rate in the Baltics has fallen sharply from its crisis-peaks, it remains close to double digits. This paper estimates the structural component of the jobless rate in the three Baltic countries and analyzes its causes. Our main findings are that the current still elevated...
Persistent link: https://www.econbiz.de/10010959461
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Baltic Cluster Report: 2014 Cluster Consultation-Staff Report; Press Release; and Statement by the Executive Director for the Baltic Countries
International Monetary Fund (IMF); International … - 2014
€”Estonia, Latvia, and Lithuania. It identifies common features and common challenges, and discusses policies—both national and jointâ …
Persistent link: https://www.econbiz.de/10011244182
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Republic of Lithuania: Selected Issues
International Monetary Fund (IMF); International … - 2014
This Selected Issues paper focuses on sustainability of public finances and low inflation in Lithuania. Lithuania aims … to adopt the euro in 2015. Over the medium term, inflation in Lithuania will likely run somewhat higher than in the euro … favorable, and Lithuania has demonstrated the ability to deliver adjustment when needed without recourse to exchange rate …
Persistent link: https://www.econbiz.de/10011244839
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Baltic Cluster Report: Selected Issues
International Monetary Fund (IMF); International … - 2014
their experience in comparison with other episodes of creditless recoveries in both advanced and emerging market economies …
Persistent link: https://www.econbiz.de/10011244869