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Is Growth Enough? Macroeconomic Policy and Poverty Reduction

Leite, Carlos; Tsangarides, Charalambos G.; Ghura, … - International Monetary Fund (IMF) - 2002

of the poor after accounting for the effect of growth. It uses a dynamic panel estimator to capture both across- and …

Persistent link: https://www.econbiz.de/10005599509

Exogenous Shocks and Growth Crises in Low-Income Countries; A Vulnerability Index

Dabla-Norris, Era; Bal-Gunduz, Yasemin - International Monetary Fund (IMF) - 2012

This paper develops a new index which provides early warning signals of a growth crisis in the event of large external shocks in low-income countries. Multivariate regression analysis and a univariate signaling approach are used to map information from a parsimonious set of underlying policy,...

Persistent link: https://www.econbiz.de/10011242226

Determinants of Growth Spells; Is Africa Different?

Tsangarides, Charalambos G. - International Monetary Fund (IMF) - 2012

of the world, or because of different factors altogether? To answer this question, we examine determinants of growth … spells in Africa and the rest of the world using Bayesian Mode Averaging techniques for proportional hazards models. We … from those in the rest of the world. The majority of the identified robust determinants have a distinct impact in only one …

Persistent link: https://www.econbiz.de/10011242395

Crisis and Recovery; Role of the Exchange Rate Regime in Emerging Market Countries

Tsangarides, Charalambos G. - International Monetary Fund (IMF) - 2010

This paper examines the role of the exchange rate regime in explaining how emerging market economies fared in the recent global financial crisis, particularly in terms of output losses and growth resilience. After controlling for regime switches during the crisis, using alternative definitions...

Persistent link: https://www.econbiz.de/10008727807

IMF-Supported Programs in Low Income Countries: Economic Impact over the Short and Longer Term

Mumssen, Christian; Bal-Gunduz, Yasemin; Ebeke, Christian; … - International Monetary Fund (IMF) - 2013

This paper studies the short and longer-term impact of IMF engagement in Low-Income Countries (LICs) over nearly three decades. In contrast to earlier studies, we focus on a sample composed exclusively of LICs and disentangle the different effects of IMF longer-term engagement and short-term...

Persistent link: https://www.econbiz.de/10010790307

The Economic Impact of IMF-Supported Programs in Low-Income Countries

Bal-Gunduz, Yasemin; Ebeke, Christian; Hacibedel, Burcu; … - International Monetary Fund (IMF) - 2013

This paper aims to assess the economic impact of the IMF’s support through its facilities for low-income countries. It relies on two complementary econometric analyses: the first investigates the longer-term impact of IMF engagement—primarily through successive medium-term programs under the...

Persistent link: https://www.econbiz.de/10010790497

Redistribution, Inequality, and Growth

Ostry, Jonathan David; Berg, Andrew; Tsangarides, … - International Monetary Fund (IMF) - 2014

The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand and equality on the other. Indeed, there is a strong case for considering inequality and an inability to sustain economic growth as two sides of the same coin. Central to the...

Persistent link: https://www.econbiz.de/10011142220

Growth Determinants Revisited

Tsangarides, Charalambos G.; Mirestean, Alin - International Monetary Fund (IMF) - 2009

framework to address model uncertainty in the context of a dynamic growth model in panel data with endogenous regressors. Our …

Persistent link: https://www.econbiz.de/10008497604

Estimating Demand for IMF Financing by Low-Income Countries in Response to Shocks

Bal-Gunduz, Yasemin - International Monetary Fund (IMF) - 2009

. Moreover, global conditions, including changes in real oil and non-oil commodity prices and world trade, are also significant …

Persistent link: https://www.econbiz.de/10008497612

Growth Empirics Under Model Uncertainty; Is Africa Different?

Tsangarides, Charalambos G. - International Monetary Fund (IMF) - 2005

This paper attempts to identify robust patterns of cross-country growth behavior in the world as a whole and Africa. It … employs a novel methodology that incorporates a dynamic panel estimator, and Bayesian Model Averaging to explicitly account … growth around the world is, in principle, also good for growth in Africa; and (iii) political and institutional variables are …

Persistent link: https://www.econbiz.de/10005264072