Volume/Issue: 2015/18
Series: IMF Working Papers
Author(s):
Sohrab Rafiq
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
23
January
2015
DOI: http://dx.doi.org/10.5089/9781498334037.001
ISBN: 9781498334037
This paper explores the effect of U.S. unconventional monetary policy (QE2) on a group of frontier developing economies (FDEs) in Asia. This paper finds that spillovers emanating from the U.S. on FDEs in Asia have...
Volume/Issue: 2014/70
Series: IMF Working Papers
Author(s):
Rakesh Mohan
, and
Muneesh Kapur
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
29
April
2014
DOI: http://dx.doi.org/10.5089/9781484362518.001
ISBN: 9781484362518
The unconventional monetary policies (UMPs) pursued by the advanced economies (AEs) have posed macroeconomic challenges for the emerging market economies (EMEs) through volatile capital flows and exchange rates. AE...
Volume/Issue: 2014/37
Series: IMF Working Papers
Author(s):
Fabian Lipinsky
, and
Li Lian Ong
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
26
February
2014
DOI: http://dx.doi.org/10.5089/9781484320143.001
ISBN: 9781484320143
Stock markets play a key role in corporate financing in Asia. However, despite their increasing importance in terms of size and cross-border investment activity, the region's markets are reputed to be more 'idiosyn...
Volume/Issue: 2013/224
Series: IMF Working Papers
Author(s):
Rakesh Mohan
,
Michael Patra
, and
Muneesh Kapur
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
November
2013
DOI: http://dx.doi.org/10.5089/9781475514148.001
ISBN: 9781475514148
The North Atlantic financial crisis of 2008-2009 has spurred renewed interest in reforming the international monetary system, which has been malfunctioning in many aspects. Large and volatile capital flows have pro...
Volume/Issue: 2005/148
Series: IMF Working Papers
Author(s):
Robert Tchaidze
, and
Alina Carare
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
July
2005
DOI: http://dx.doi.org/10.5089/9781451861679.001
ISBN: 9781451861679
This paper draws attention to inconsistencies in estimating simple monetary policy rules and their implications for policy advice. We simulate a macroeconomic model with a backward reaction function similar to Tayl...
Series: IMF Special Issues
Author(s):
James Yao
,
Gamal El-Masry
,
Padamja Khandelwal
, and
Emilio Sacerdoti
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
10
March
2005
DOI: http://dx.doi.org/10.5089/9781589064164.058
ISBN: 9781589064164
Mauritius has achieved remarkable success since its independence in 1968. It has one of the highest per capita GDPs in Africa, the economy has diversified from complete dependence on the sugar crop, into textiles,...
Volume/Issue: 2003/172
Series: IMF Working Papers
Author(s):
Per Fredriksson
,
Muthukumara Mani
, and
Richard Damania
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
September
2003
DOI: http://dx.doi.org/10.5089/9781451858594.001
ISBN: 9781451858594
This paper examines the reasons why corruption and policy distortions tend to exhibit a high degree of persistence in certain regimes. We identify circumstances under which a firm seeks to evade regulations by (1)...