Narrow search
Showing 1 - 10 of 2,326
Cover Image
Hong Kong SAR; Meeting the Challenges of Integration with the Mainland
Lee, William; Chan-Lau, Jorge A.; Iakova, Dora M.; Papa … - International Monetary Fund (IMF) - 2004
This Occasional Paper provides an overview of the main challenges facing Hong Kong SAR as it continues to become more closely integrated with the mainland of China. Section I provides an overview of recent macroeconomic developments and the main policy issues in Hong Kong SAR. Section II...
Persistent link: https://www.econbiz.de/10005590857
Cover Image
People’s Republic China; Detailed Assessment Report: CPSS-IOSCO Recommendations for Securities Settlement Systems and Central Counterparties
International Monetary Fund (IMF); International … - 2012
A detailed assessment report on the observance of the Committee on Payment and Settlement Systems-International Organization of Securities Commissions recommendations for China’s Securities Settlement Systems and Central Counterparties is presented. The bond market comprises the interbank...
Persistent link: https://www.econbiz.de/10011244858
Cover Image
United States; Selected Issues
International Monetary Fund (IMF); International … - 2008
This Selected Issues paper summarizes estimates of the gap between current housing prices and their equilibrium levels in the United States. It examines short-term dynamics of price adjustment. Reflecting uncertainties about how to analyze underlying housing price trends, two approaches are used...
Persistent link: https://www.econbiz.de/10011245114
Cover Image
Spain; Financial Sector Reform: First Progress Report
International Monetary Fund (IMF); International … - 2012
The report analyses Spain’s financial sector reform program and throws light on the role that the European Financial Stability Facility (EFSF) played in supporting the restructuring and recapitalization of its financial sector. It stated that the two major areas that have been looked at...
Persistent link: https://www.econbiz.de/10011245135
Cover Image
Euro Area Policies; 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Direct...
International Monetary Fund (IMF); International … - 2007
The Euro Area Policies’ 2007 Article IV Consultation reports that the economy is poised for a sustained upswing because of cyclical considerations and policies, which have had a forward-looking cast. The area’s external position and the real effective exchange rate of the euro are...
Persistent link: https://www.econbiz.de/10011245374
Cover Image
Stress Testing of Financial Systems; An Overview of Issues, Methodologies, and FSAP Experiences
Peria, Maria Soledad Martinez; Majnoni, Giovanni; … - International Monetary Fund (IMF) - 2001
The paper has three objectives. After a general introduction to some of the concepts and basic techniques of stress testing, the paper gives an overview of some of the conceptual issues involved in evaluating risks at the aggregated level of financial systems. Second, this study provides a basic...
Persistent link: https://www.econbiz.de/10005248173
Cover Image
Financial Reforms, Financial Openness, and Corporate Borrowing; International Evidence
Detragiache, Enrica; Nicoló, Gianni De; Agca, Senay - International Monetary Fund (IMF) - 2007
We study how credit market deregulation and increased international financial openness have changed corporate borrowing … leverage and lengthened debt maturity in advanced economies, as expected, suggesting that in these countries corporate credit …
Persistent link: https://www.econbiz.de/10005263812
Cover Image
Financial Crisis and Credit Crunch in Korea; Evidence From Firm-Level Data
Lee, Jong-Wha; Borensztein, Eduardo - International Monetary Fund (IMF) - 2000
This paper analyzes the credit crunch following the recent financial crisis in Korea. Using enterprise-level data, we … find that there were big differences in the magnitude of the credit contraction across different types of firms. In … particular, chaebol (conglomerate)-affiliated firms appeared to have lost the preferential access to credit they enjoyed in the …
Persistent link: https://www.econbiz.de/10005264237
Cover Image
Macroprudential Policy; What Instruments and How to Use them? Lessons From Country Experiences
International Monetary Fund (IMF); International … - 2011
This paper provides the most comprehensive empirical study of the effectiveness of macroprudential instruments to date. Using data from 49 countries, the paper evaluates the effectiveness of macroprudential instruments in reducing systemic risk over time and across institutions and markets. The...
Persistent link: https://www.econbiz.de/10009369434
Cover Image
The Quality Effect; Does Financial Liberalization Improve the Allocation of Capital?
Abiad, Abdul; Oomes, Nienke; Ueda, Kenichi - International Monetary Fund (IMF) - 2004
liberalization, by equalizing access to credit, reduces the variation in expected marginal returns. They test this prediction using a …
Persistent link: https://www.econbiz.de/10005825813