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Altruism and Workers' Remittances; Evidence From Selected Countries in the Middle East and Central Asia

Bouhga-Hagbe, Jacques - International Monetary Fund (IMF) - 2006

Workers' remittances have been playing an increasingly important role in the balance of payments of many countries and can significantly contribute to the strength of their external positions. Assessing the likely stability of remittance flows could be a valuable input to the analysis of their...

Persistent link: https://www.econbiz.de/10005769292

Causality Tests in the Case of Cointegrated Variables: A Monte Carlo Analysis.

Rios, J.V.P. - Geneva School of Economics and Management, Université … - 1994

Persistent link: https://www.econbiz.de/10005780559

Cointegration: An Introduction to the Literature

Perman, Roger - In: Journal of Economic Studies 18 (1991) September, pp. 3-30

An overview of the cointegration approach to econometric specification and estimation is provided. A non … knowledge of the subject but with some limited knowledge of econometrics. Particular emphases are given to the rationale for … using cointegration techniques in the estimation of economic relationships, to providing intuitive explanations of the …

Persistent link: https://www.econbiz.de/10008459576

Growth Convergence and Spillovers Among Indian States; What Matters? What Does Not?

Sodsriwiboon, Piyaporn; Kalra, Sanjay - International Monetary Fund (IMF) - 2010

Convergence and spillovers across countries and within countries are old, but recurrent policy concerns, and India is no exception to this rule. This paper examines convergence and spillovers across Indian states using non-stationary panel data techniques. Results on convergence among Indian...

Persistent link: https://www.econbiz.de/10008470398

Cross-Country Consumption Risk Sharing, a Long-Run Perspective

Qiao, Zhaogang - International Monetary Fund (IMF) - 2010

This paper estimates an empirical nonstationary panel regression model that tests long-run consumption risk sharing across a sample of OECD and emerging market (EM) countries. This is in contrast to the existing literature on consumption risk sharing, which is mainly about risks at business...

Persistent link: https://www.econbiz.de/10008470399

The Dominican Republic; Stabilization, Structural Reform, and Economic Growth

Cardoso, Jaime; Young, Philip M. - International Monetary Fund (IMF) - 2002

Persistent link: https://www.econbiz.de/10005590873

Testing for Cointegration Using the Johansen Methodology When Variables Are Near-Integrated

Österholm, Pär; Hjalmarsson, Erik - International Monetary Fund (IMF) - 2007

We investigate the properties of Johansen's (1988, 1991) maximum eigenvalue and trace tests for cointegration under the …

Persistent link: https://www.econbiz.de/10005599304

Is Russia Still Driving Regional Economic Growth?

Pani, Marco; Jafarov, Etibar; Shiells, Clinton R. - International Monetary Fund (IMF) - 2005

This paper investigates whether the linkages between economic growth in Russia and growth in other countries in the region have weakened over time, particularly following the 1998 Russian crisis. It specifies an econometric model that includes standard growth determinants as well as Russian...

Persistent link: https://www.econbiz.de/10005599404

Is Foreign Debt Portfolio Management Efficient in Emerging Economies?

Hussein, Khaled - International Monetary Fund (IMF) - 2001

This paper develops a simple model of foreign debt portfolio management. The model suggests that, under mild conditions, the currency composition of a country's foreign debt portfolio is responsive to exchange rate movements. Empirical evidence is provided for a panel of 14 emerging economies in...

Persistent link: https://www.econbiz.de/10005599482

On Impatience and Policy Effectiveness

Sgherri, Silvia; Bayoumi, Tamim - International Monetary Fund (IMF) - 2009

An increasing body of evidence suggests that the behavior of the economy has changed in many fundamental ways over the last decades. In particular, greater financial deregulation, larger wealth accumulation, and better policies might have helped lower uncertainty about future income and lengthen...

Persistent link: https://www.econbiz.de/10005599595