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International Monetary Fund - 2000

Anecdotal evidence relates corruption with high levels of military spending. This paper tests empirically whether such a relationship exists. The empirical analysis is based on data from four different sources for up to 120 countries in the period 1985–98. The association between military...

Persistent link: https://www.econbiz.de/10014399916

Estimating Potential Output with a Multivariate Filter

International Monetary Fund - 2010

This paper develops a simple model for measuring potential output that uses data on inflation, unemployment, and capacity utilization. We apply the model to 10 countries, in addition to the United States and the euro area. While there is a substantial amount of uncertainty around our estimates,...

Persistent link: https://www.econbiz.de/10014403161

Once Again, is Openness Good for Growth?

International Monetary Fund - 2004

Rodriguez and Rodrik (2000) argue that the relation between openness and growth is still an open question. One of the main problems in the assessment of the effect is the endogeneity of the relation. In order to address this issue, this paper applies the identification through heteroskedasticity...

Persistent link: https://www.econbiz.de/10014401435

Do IMF-Supported Programs Work? : A Survey of the Cross-Country Empirical Evidence

International Monetary Fund - 1998

Over the last two decades a number of cross-country empirical studies have been undertaken to assess whether IMF-supported adjustment programs have led to an improved balance of payments and current account balance, lower inflation, and higher growth. These studies use a variety of methodologies...

Persistent link: https://www.econbiz.de/10014401507

Deconstructing the International Business Cycle : Why Does a U.S. Sneeze Give the Rest of the World a Cold?

International Monetary Fund - 2010

The 2008 crisis underscored the interconnectedness of the international business cycle, with U.S. shocks leading to the largest global slowdown since the 1930s. We estimate spillover effects across major advanced country regions in a structural VAR (SVAR) using pre-crisis data. Our new method...

Persistent link: https://www.econbiz.de/10014402644

The inadequacy and loss of legitimacy of the International Monetary Fund

Abdalla, Ismail-Sabry - In: Development dialogue (1980) 2, pp. 25-53

Persistent link: https://www.econbiz.de/10001798083

The Premium Gold Controversy in the International Monetary Fund

Geiger, Theodore - 1955

Persistent link: https://www.econbiz.de/10001466910

Floating Currencies, Gold, and SDR's : Some Recent Legal Developments

International Monetary Fund - 1976

This paper outlines legal developments related to floating currencies, gold, and special drawing rights (SDRs) in the … IMF. The Articles of the Fund require each member to establish a par value for its currency in terms of gold as a common … July 1, 1944, the effect of which is simply to express the par value indirectly in terms of gold. In this paper …

Persistent link: https://www.econbiz.de/10014394398

Floating Currencies, SDR's & Gold Further Legal Developments

International Monetary Fund - 1977

This paper examines legal developments in area of floating currencies, special drawing rights, and gold in the IMF. It …

Persistent link: https://www.econbiz.de/10014394405

Exchange Rate Volatility and Trade Flows : Some New Evidence

International Monetary Fund - 2004

Persistent link: https://www.econbiz.de/10014409758