Volume/Issue: 2019/152
Series: IMF Working Papers
Author(s):
Hidetaka Nishizawa
,
Scott Roger
, and
Huan Zhang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
12
July
2019
DOI: http://dx.doi.org/10.5089/9781498320801.001
ISBN: 9781498320801
Pacific island countries (PICs) are vulnerable severe natural disasters, especially cyclones, inflicting large losses on their economies. In the aftermath of disasters, PIC governments face revenue losses and spend...
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: 2019/145
Series: IMF Working Papers
Author(s):
Stefan Mittnik
,
Willi Semmler
, and
Alexander Haider
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
11
July
2019
DOI: http://dx.doi.org/10.5089/9781498320849.001
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: 2019/193
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Fiscal Affairs Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
03
July
2019
DOI: http://dx.doi.org/10.5089/9781498323147.002
ISBN: 9781498323147
Grenada has made significant strides to counter climate change but meeting the daunting remaining challenges will require domestic policy actions and sustained international support. Climate change is an existentia...
Volume/Issue: 2019/129
Series: IMF Working Papers
Author(s):
Cheikh Gueye
,
Asithandile Mbelu
, and
Amadou Sy
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
17
June
2019
ISBN: 9781498317795
This paper studies the impact of declining oil prices on banks in sub-Saharan African oil-exporting countries. Results indicate that banks respond differently to an oil shock depending on their ownership: (i) domes...
Volume/Issue: 2019/129
Series: IMF Working Papers
Author(s):
Cheikh Gueye
,
Asithandile Mbelu
, and
Amadou Sy
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
17
June
2019
DOI: http://dx.doi.org/10.5089/9781498317795.001
ISBN: 9781498317795
This paper studies the impact of declining oil prices on banks in sub-Saharan African oil-exporting countries. Results indicate that banks respond differently to an oil shock depending on their ownership: (i) domes...
Volume/Issue: 2019/2
Series: Finance & Development
Author(s):
International Monetary Fund. Communications Department
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
30
May
2019
ISBN: 9781498316514
This issue of Finance & Development presents success and works of IMF in the past 75 years since its formation. The IMF's financial firepower must be increased substantially, particularly in a world of relatively f...
Volume/Issue: 2019/108
Series: IMF Working Papers
Author(s):
Tokhir Mirzoev
, and
Ling Zhu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
17
May
2019
DOI: http://dx.doi.org/10.5089/9781498314749.001
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: 2019/108
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: 2019/89
Series: IMF Working Papers
Author(s):
David Coady
,
Ian Parry
,
Nghia-Piotr Le
, and
Baoping Shang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
02
May
2019
ISBN: 9781484393178
This paper updates estimates of fossil fuel subsidies, defined as fuel consumption times the gap between existing and efficient prices (i.e., prices warranted by supply costs, environmental costs, and revenue consi...
