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61
IMF Staff Papers : Volume 49, No. 1
Flood, Robert P.
-
2002
This paper presents details of a symposium on forecasting performance I organized under the auspices of the IMF Staff Papers. The assumption that the forecaster's goal is to do as well as possible in predicting the actual outcome is sometimes questionable. ln the context of private sector...
Persistent link: https://www.econbiz.de/10014400453
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62
IMF Staff Papers : Volume 50, No. 1
Flood, Robert P.
-
2003
Forty years ago, Marcus Fleming and Robert Mundell developed independent models of macroeconomic policy in open economies. Why do we link the two, and why do we call the result the Mundell-Fleming, rather than Fieming-Mundell model?
Persistent link: https://www.econbiz.de/10014400583
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63
IMF Staff Papers : Volume 49, No. 2
Flood, Robert P.
-
2002
This paper explores sources of the output collapse in Russia during transition. A modified growth-accounting framework is developed that takes into account changes in factor utilization that are typical of the transition process. The results indicate that declines in factor inputs and...
Persistent link: https://www.econbiz.de/10014400788
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64
A Perspectiveon Predicting Currency Crises
Flood, Robert P.
-
2010
Currency crises are difficult to predict. It could be that we are choosing the wrong variables or using the wrong models or adopting measurement techniques not up to the task. We set up a Monte Carlo experiment designed to evaluate the measurement techniques. In our study, the methods are given...
Persistent link: https://www.econbiz.de/10014397444
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65
IMF Staff Papers : Volume 47: Special Issue: IMF Annual Research Conference
Flood, Robert P.
-
2001
This paper presents a broad overview of postwar analytical thinking on international macroeconomics, culminating in a more detailed discussion of recent progress. The paper reviews important empirical evidence that has inspired alternative modeling approaches, as well as theoretical and policy...
Persistent link: https://www.econbiz.de/10014397510
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66
Speculative Attacks and Models of Balance of Payments Crises
Flood, Robert P.
-
1991
This paper reviews recent developments in the theoretical and empirical analysis of balance-of-payments crises. A simple analytical model highlighting the process leading to such crises is first developed. The basic framework is then extended to deal with a variety of issues, such as:...
Persistent link: https://www.econbiz.de/10014398067
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67
A Theory of Optimum Currency Areas : Revisited
Flood, Robert P.
-
1992
Starting with Friedman and Mundell the academic literature has conducted a high level debate concerning the design of cross-country monetary arrangements. That debate has become very complex and the data requirements necessary for appropriate application of the principles developed are far...
Persistent link: https://www.econbiz.de/10014398224
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68
Anticipated Exchange Rate Reforms
Flood, Robert P.
-
1992
Exchange rate reforms in developing countries have often aimed at floating the exchange rate in an attempt to unify the official and parallel markets for foreign exchange. This paper examines the anticipatory dynamics associated with such reforms. The analysis shows that if the future unified...
Persistent link: https://www.econbiz.de/10014398500
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69
IMF Staff Papers : Volume 50, No. 2
Flood, Robert P.
-
2003
This paper examines sources of economic growth in East Asia. The conventional growth-accounting approach to estimating the sources of economic growth requires unrealistically strong assumptions about either competitiveness of factor markets or the form of the underlying aggregate production...
Persistent link: https://www.econbiz.de/10014399152
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70
IMF Staff Papers : Volume 50: Special Issue: IMF Third Annual Research Conference
Flood, Robert P.
-
2003
The paper discusses a model in which growth is a negative function of fiscal burden. Moreover, growth discontinuously switches from high to low as the fiscal burden reaches a critical level. The paper provides an overview of key elements of corporate bankruptcy codes and practice around the...
Persistent link: https://www.econbiz.de/10014399219
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