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In this paper, we examine the IMF''s role in maintaining the access of emerging market economies to international capital markets. We find evidence that both macroeconomic aggregates and capital flows improve following the adoption of an IMF-supported program, although they may initially...
Persistent link: https://www.econbiz.de/10014404030
consequences of non-participation of the USA in the global coalition, and the associated distributional impacts world-wide …
Persistent link: https://www.econbiz.de/10014207698
It is clear that the future of the transport sector is fraught withuncertainties, as the system can be influenced by many factors thatcan develop in various ways. The aim of this paper is to gain insightinto the future development of the transportation sector. It presentsthe development of the...
Persistent link: https://www.econbiz.de/10010324612
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The number of immigrants across the world has doubled since 1980. The estimates of the impact of immigration on wages …
Persistent link: https://www.econbiz.de/10013122010
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means of network geometries, small-world effects and scale-free phenomena. We will illustrate these new developments on the …
Persistent link: https://www.econbiz.de/10014178870
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
Persistent link: https://www.econbiz.de/10014395979
The link between monetary policy and asset price movements has been of perennial interest to policymakers. In this paper, we consider the potential case for preemptive monetary restrictions when asset price reversals can have serious effects on real output. First, we present some stylized facts...
Persistent link: https://www.econbiz.de/10014401453