Similar Search Results

Gabon; 2006 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Gabon

International Monetary Fund (IMF); International … - 2006

Gabon continues to enjoy record high oil prices, buoying both exports and government revenues. The critical medium-term challenge facing Gabon is managing the transition from an economy highly dependent on oil to a diversified economy that harnesses private sector initiative, and makes decisive...

Persistent link: https://www.econbiz.de/10011244330

The Forward Premium Puzzle Revisited

Meredith, Guy; Ma, Yue - International Monetary Fund (IMF) - 2002

correlation between the forward premium and shocks arising from risk premia or expectations errors. This paper extends McCallum … (1994) to show how such a correlation can arise from the response of monetary policy to output and inflation, which are in … the exchange rate change lengthens. Another common feature of the models is that the true reduced-form equation for …

Persistent link: https://www.econbiz.de/10005263741

Jamaica; Interim Staff Report Under Intensified Surveillance

International Monetary Fund (IMF); International … - 2005

This paper reviews the Interim Staff Report Under Intensified Surveillance for Jamaica. Following the adverse economic impact of Hurricane Ivan, the outlook for FY 2005/06 is for a rebound in growth in the context of broad macroeconomic stability. Real GDP growth slowed, and damage to...

Persistent link: https://www.econbiz.de/10005591189

Microeconomic Implications of Remittances in an Overlapping Generations Model with Altruism and Self-Interest

Melkonyan, Tigran A.; Grigorian, David A. - International Monetary Fund (IMF) - 2008

The paper explicitly models the dynamic strategic aspects of the interaction between the migrant and the remittance-receiving relative(s), with the migrant behaving as a Stackelberg leader. It is also different from other formalizations of remittance behavior in its treatment of the two parties'...

Persistent link: https://www.econbiz.de/10005604927

Republic of Croatia; First Review Under the Stand-By Arrangement and Requests for Waiver of Nonobservance and Applicability of Performance Criteriaâ€”Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Croatia

International Monetary Fund (IMF); International … - 2003

Croatia has made important strides in restoring robust economic growth and achieving price stability while continuing to strengthen its net international reserves position under the Stand-By Arrangement. Executive Directors welcomed this development, and stressed the need to improve fiscal...

Persistent link: https://www.econbiz.de/10005252585

Iceland; Fifth Review Under the Stand-By Arrangement, and Request for Modification of Performance Criteria and Rephasing of Accessâ€”Staff Report; Informational Annex; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Iceland.

International Monetary Fund (IMF); International … - 2011

The paper describes the impressive economic progress made by Iceland in implementing program policies, stabilizing the exchange rate, and bringing inflation down, under a program supported by a Stand-By Arrangement (SBA). The authorities noted that key challenges are to reduce the high level of...

Persistent link: https://www.econbiz.de/10011245508

A New Framework to Estimate the Risk-Neutral Probability Density Functions Embedded in Options Prices

Cheng, Kevin C. - International Monetary Fund (IMF) - 2010

with restrictions to extract risk-neutral probability density functions (RNPs) for various asset classes. The contributions …

Persistent link: https://www.econbiz.de/10008646431

Burkina Faso; First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criterionâ€”Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Burkina Faso

International Monetary Fund (IMF); International … - 2004

Performance under the program has been satisfactory. Real GDP growth is higher than estimated owing to substantially higher than projected agricultural production. Burkina Faso continues to depend heavily on external assistance and on cotton exports, and is highly vulnerable to terms-of-trade...

Persistent link: https://www.econbiz.de/10005591084

Burundi; Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Burundi

International Monetary Fund (IMF); International … - 2005

The staff report for the Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility highlights economic developments and fiscal policy. The political transition process has advanced significantly in 2005, and further progress has been made in securing peace....

Persistent link: https://www.econbiz.de/10005591132

Niger; First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Requests for Waiver of Nonobservance of Performance Criteria and Augmentation of Access: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Niger

International Monetary Fund (IMF); International … - 2006

Nigerâ€™s First Review Under the Poverty Reduction and Growth Facility, and Requests for Waiver of Nonobservance of Performance Criteria and Augmentation of Access are discussed. The sharp rise in food prices pushed up inflation in 2005, while the food shortage affected one-fourth of the...

Persistent link: https://www.econbiz.de/10005591299