IMF Staff Papers, Volume 51, No. 3

IMF Staff Papers, Volume 51, No. 3
Author: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
Total Pages: 216
Release: 2004-11-23
Genre: Business & Economics
ISBN: 9781589063518


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This paper tests uncovered interest parity (UIP) using interest rates on longer maturity bonds for the Group of Seven countries. These long-horizon regressions yield much more support for UIP—all of the coefficients on interest differentials are of the correct sign, and almost all are closer to the UIP value of unity than to zero. The paper also analyzes the decision by a government facing electoral uncertainty to implement structural reforms in the presence of fiscal restraints similar to the Stability and Growth Pact.


IMF Staff Papers, Volume 51, No. 3
Language: en
Pages: 216
Authors: International Monetary Fund. Research Dept.
Categories: Business & Economics
Type: BOOK - Published: 2004-11-23 - Publisher: International Monetary Fund

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This paper tests uncovered interest parity (UIP) using interest rates on longer maturity bonds for the Group of Seven countries. These long-horizon regressions
IMF Staff Papers
Language: en
Pages: 168
Authors: Ashoka Mody
Categories:
Type: BOOK - Published: 2004 - Publisher:

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This is the 2004 (Volume 51) Special Issue of IMF Staff Papers, which includes 6 selected papers (from more than 20) that were presented at the IMF's Fourth Ann
IMF Staff papers
Language: en
Pages: 169
Authors: International Monetary Fund. Research Dept.
Categories: Business & Economics
Type: BOOK - Published: 1966-01-01 - Publisher: International Monetary Fund

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This paper explores trends in payment imbalances between 1952 and 1964. When desired reserves deviate appreciably from actual holdings, the authorities will soo
IMF Staff Papers, Volume 51, Special Issue, IMF Fourth Annual Research Conference
Language: en
Pages: 168
Authors: Mr.Ashoka Mody
Categories: Business & Economics
Type: BOOK - Published: 2004-06-10 - Publisher: International Monetary Fund

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This is the 2004 (Volume 51) Special Issue of IMF Staff Papers, which includes 6 selected papers (from more than 20) that were presented at the IMF's Fourth Ann
IMF Staff papers
Language: en
Pages: 181
Authors: International Monetary Fund. Research Dept.
Categories: Business & Economics
Type: BOOK - Published: 1958-01-01 - Publisher: International Monetary Fund

GET EBOOK

This paper explores wage-price link in a prolonged inflation. A fixed tie between wages and prices must have significant effects in any economy. A wage-price li