IMF Staff Papers

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Special Tax Measures to Restrain Investment
IMF Staff Papers - Tập 5 - Trang 434-448 - 1957
Richard Goode
An Exchange-Market Analysis of the U. S. Balance of Payments
IMF Staff Papers - Tập 8 - Trang 195-211 - 1961
Walter R. Gardner
Inflation Targeting in Korea: An Empirical Exploration
IMF Staff Papers - Tập 48 - Trang 317-343 - 2001
Alexander W. Hoffmaister
The revised Bank of Korea (BOK) Act states that the primary goal of monetary policy is price stability and recently monetary policy has moved toward an inflation targeting framework. This study explores some of the practical aspects that need to be considered for this move. In particular, issues such as the definition of the price index, the horizon over which to target inflation, and the width of...... hiện toàn bộ
Long-Run Money Demand in Large Industrial Countries
IMF Staff Papers - Tập 38 - Trang 1-32 - 1991
James M. Boughton
The long-run properties of money demand functions in the large industrial countries are examined under the hypothesis that the long-run functions have been stable but that the dynamic adjustment processes are more complex than those represented in most earlier models. The results broadly support this hypothesis, but for certain aggregates they also call into question some basic hypotheses about th...... hiện toàn bộ
IMF Working Papers
IMF Staff Papers - Tập 45 - Trang 397-399 - 1998
Managing Resource Revenues in Developing Economies
IMF Staff Papers - Tập 57 - Trang 84-118 - 2009
Paul Collier, Rick Van Der Ploeg, Michael Spence, Anthony J Venables
This paper addresses the efficient management of natural resource revenues in capital-scarce developing economies. It departs from usual prescriptions based on the permanent income hypothesis and argues that capital-scarce countries should prioritize domestic investment. Because revenue streams are highly volatile, governments should protect consumption from shocks by increasing it only cautiously...... hiện toàn bộ
Recovery and Growth in Transition: A Decade of Evidence
IMF Staff Papers - - 2001
Oleh Havrylyshyn
The Fund Agreement in the Courts: XIV
IMF Staff Papers - Tập 26 - Trang 583-611 - 1979
Joseph Gold
En el presente capítulo del estudio de los litigios que tienen alguna relación con el Convenio Constitutivo del Fondo se examinan cuatro fallos de tribunales del Reino Unido, Francia, La República Federal de Alemania y el estado de Nueva York, en que los puntos disputados se relacionaban con disposiciones de control de cambios adoptadas por un país miembro del Fondo distinto de aquél en que se sig...... hiện toàn bộ
A New Set of Measures on Capital Account Restrictions
IMF Staff Papers - Tập 51 - Trang 276-308 - 2004
Jacques Miniane
This paper extends the IMF's post-1996 disaggregated capital account indices back to 1983 for a representative sample of 34 countries. All the information used to construct the indices comes from IMF's Annual Report on Exchange Arrangements and Exchange Restrictions and is widely available. It is shown that the disaggregated indices do a better job than the pre-1996 single dummy in reflecting both...... hiện toàn bộ
The Inverted Fisher Hypothesis: Inflation Forecastability and Asset Substitution
IMF Staff Papers - Tập 49 - Trang 212-241 - 2002
Woon Gyu Choi
This paper examines the implications of inflation persistence for the inverted Fisher hypothesis that nominal interest rates do not adjust to inflation because of a high degree of substitutability between money and bonds. It is emphasized that the substitutability between nominal assets and capital renders the hypothesis inconsistent with the data when inflation persistence is high. Using a switch...... hiện toàn bộ
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