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Chong, Terence Tai Leung; Wong, Kin Ming - Volkswirtschaftliche Fakultät, … - 2015

There is a large literature on the effect of exchange rate arrangements on trade. The monetary policy used in the … alternative monetary policy regimes on trade remains largely unknown. This paper sheds light on this area by examining the effect … and multilateral trade. Our result suggests a moderate positive effect of inflation targeting policy on bilateral trades …

Persistent link: https://www.econbiz.de/10011240782

Identifcation and Estimation of Incomplete Information Games with Multiple Equilibria

Xiao, Ruli - Center for Applied Economics and Policy Research … - 2015

Multiple equilibria in games pose a big challenge for identifcation and estimation. Existing literature typically abstracts from multiplicity by assuming that the data is generated by the same equilibrium. Instead of imposing such restrictions, this paper provides a nonparametric identification...

Persistent link: https://www.econbiz.de/10011241628

Privatization in the presence of foreign competition and strategic policies

Dijkstra, Bouwe; Mathew, Anuj; Mukherjee, Arijit - In: Journal of Economics 114 (2015) 3, pp. 271-290

Recent evidence shows that developing and transition economies are increasingly privatizing their public firms and also experiencing rapid growth of inward foreign direct investment (FDI). In an international mixed oligopoly with strategic tax/subsidy policies, we analyze the interaction between...

Persistent link: https://www.econbiz.de/10011241777

Solomon Islands; Statistical Appendix

International Monetary Fund (IMF); International … - 2006

, commercial bank advances, loans, and interest rates, balance of payments, trade indicators, composition of exports and imports …

Persistent link: https://www.econbiz.de/10011242483

Bosnia and Herzegovina; Selected Issues

International Monetary Fund (IMF); International … - 2006

trade balance has been developed and used as the basis for estimating a quarterly regression model of Bosnia and … Herzegovinaâ€™s trade balance. Effective fiscal coordination is essential in Bosnia and Herzegovina. …

Persistent link: https://www.econbiz.de/10011242830

Bulgaria; 2010 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Bul...

International Monetary Fund (IMF); International … - 2010

The large capital inflows that generated a domestic demand boom in Bulgaria led to strong employment growth. But a sharp reduction in capital inflows led to a contraction of domestic demand, while the recession in Bulgariaâ€™s trading partners caused a drop in exports. Public policies will...

Persistent link: https://www.econbiz.de/10011242926

Kenya; Poverty Reduction Strategy Annual Progress Report: 2003/2004

International Monetary Fund (IMF); International … - 2007

Kenyaâ€™s Poverty Reduction Strategy Annual progress report highlights that sound macroeconomic management policies are finally beginning to yield results in terms of macroeconomic growth, which is the underpinning for future poverty reduction. A high degree of price stability has been...

Persistent link: https://www.econbiz.de/10011242927

Cameroon; Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waiver of Performance Criterion, and Financing Assurances Revi...

International Monetary Fund (IMF); International … - 2008

Cameroonian monetary developments in the first half of 2007 continued to be driven by high oil prices while inflation declined. Fiscal performance in the first half of 2007 was broadly satisfactory, although concerns about investment execution remain. Performance under the Poverty Reduction and...

Persistent link: https://www.econbiz.de/10011243202

Costa Rica; 2006 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for C...

International Monetary Fund (IMF); International … - 2006

Despite the oil price shock, growth has been high. Discussions focused on the policies needed to reduce Costa Ricaâ€™s vulnerabilities, enhance growth, and reduce poverty in a lasting way. Passage of a substantial tax reform is essential. To bring inflation down to low single digits, the...

Persistent link: https://www.econbiz.de/10011243244

Vietnam; Selected Issues

International Monetary Fund (IMF); International … - 2007

This Selected Issues paper assesses the impact of Vietnamâ€™s World Trade Organization (WTO) accession. It describes … the main terms of Vietnamâ€™s accession as regards trade in goods and services, and uses a partial equilibrium simulation … recent stock market developments and policy measures taken thus far and discusses challenges ahead. …

Persistent link: https://www.econbiz.de/10011243580