Volume/Issue: 1992/68
Series: IMF Working Papers
Author(s):
Susan Schadler
, and
Adam Bennett
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
September
1992
ISBN: 9781451848946
Interest rate policy in the newly reforming Central and Eastern European countries has generally been geared toward establishing positive real interest rates and defending the exchange rate. The principal instrumen...
Volume/Issue: 2012/70
Series: IMF Working Papers
Author(s):
Kiichi Tokuoka
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
March
2012
ISBN: 9781463939069
Since the global financial crisis, corporate investment has been weak in India. Sluggish corporate investment would not only moderate growth from the demand side but also constrain growth from the supply side over...
Volume/Issue: 2020/91
Series: IMF Working Papers
Author(s):
Ruoyun Mao
, and
Shu-Chun Susan Yang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
12
June
2020
ISBN: 9781513546797
The theoretical literature generally finds that government spending multipliers are bigger than unity in a low interest rate environment. Using a fully nonlinear New Keynesian model, we show that such big multiplie...
Volume/Issue: 2019/108
Series: IMF Working Papers
Author(s):
Tokhir Mirzoev
, and
Ling Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
17
May
2019
ISBN: 9781498314749
We examine the existing fiscal policy paradigm in commodity-exporting countries. First,
we argue that its centerpiece-the permanent income hypothesis (PIH)-is not consistent
with either intergenerational equity or...
Volume/Issue: 2019/145
Series: IMF Working Papers
Author(s):
Stefan Mittnik
,
Willi Semmler
, and
Alexander Haider
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
July
2019
ISBN: 9781498320849
Recent research in financial economics has shown that rare large disasters have the potential to disrupt financial sectors via the destruction of capital stocks and jumps in risk premia. These disruptions often ent...
Volume/Issue: 2016/048
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
04
August
2016
ISBN: 9781498345750
The medium-term income projections have been updated from the April 2015 outlook and the February review of the adequacy of precautionary balances. The main changes to the outlook stem from a more gradual rise in t...
Volume/Issue: 2014/048
Series: Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
30
July
2014
ISBN: 9781498342926
...
Volume/Issue: 1992/68
Series: IMF Working Papers
Author(s):
Susan Schadler
, and
Adam Bennett
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
September
1992
DOI: http://dx.doi.org/10.5089/9781451848946.001
ISBN: 9781451848946
Interest rate policy in the newly reforming Central and Eastern European countries has generally been geared toward establishing positive real interest rates and defending the exchange rate. The principal instrumen...
Volume/Issue: 2012/70
Series: IMF Working Papers
Author(s):
Kiichi Tokuoka
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
March
2012
DOI: http://dx.doi.org/10.5089/9781463939069.001
ISBN: 9781463939069
Since the global financial crisis, corporate investment has been weak in India. Sluggish corporate investment would not only moderate growth from the demand side but also constrain growth from the supply side over...
Volume/Issue: 2020/91
Series: IMF Working Papers
Author(s):
Ruoyun Mao
, and
Shu-Chun Susan Yang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
12
June
2020
DOI: http://dx.doi.org/10.5089/9781513546797.001
ISBN: 9781513546797
The theoretical literature generally finds that government spending multipliers are bigger than unity in a low interest rate environment. Using a fully nonlinear New Keynesian model, we show that such big multiplie...