Volume/Issue: 2009/276
Series: IMF Working Papers
Author(s):
Jaewoo Lee
,
Yongsung Chang
, and
Sun-Bin Kim
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
2009
ISBN: 9781451874211
We undertake a quantitative analysis of the dispersion of current accounts in an open economy version of incomplete insurance model, incorporating important market frictions in trade and financial flows. Calibrated...
Series: Seminar Volumes
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
September
2005
ISBN: 9781589064539
...
Series: Seminar Volumes
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
September
2005
ISBN: 9781589064539
(Philip R. Lane and Gian Maria Milesi-Ferretti)
Daniel Cohen Ecole normale supérieure
This is a wonderful paper, crisp and full of insights. The core idea is th...
Volume: 11
Series: Departmental Papers / Policy Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
February
2011
DOI: http://dx.doi.org/10.5089/9781616350734.087
ISBN: 9781616350734
Although the impact of the global crisis has been severe, real per capita GDP growth stayed positive in two-thirds of low-income countries (LICs), unlike in previous global downturns, and in contrast to richer coun...
Volume/Issue: 2011/197
Series: IMF Working Papers
Author(s):
Gian Milesi-Ferretti
, and
Philip Lane
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
August
2011
ISBN: 9781462304240
After widening substantially in the period preceding the global financial crisis, current account imbalances across the world have contracted to a significant extent. This paper analyzes the factors underlying this...
Volume/Issue: 29/22
Series: IMF Survey
Author(s):
International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
January
2000
ISBN: 9781451925647
Following are edited excerpts from IMF Managing Director Horst Köhler's remarks, as prepared for delivery at the conference 'Completing Transition: The Main Challenges,' held in Vienna, Austria, on November 6. The...
Volume/Issue: 2009/29
Series: IMF Staff Position Notes
Author(s):
Gian Milesi-Ferretti
, and
Olivier Blanchard
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
December
2009
ISBN: 9781462333387
This chapter analyses various reasons for global imbalances and ways to tackle these issues. Current account balances reflect a plethora of macroeconomic and financial mechanisms. The overall assessment is that the...
Volume/Issue: 2007/111
Series: IMF Working Papers
Author(s):
Miranda Xafa
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
May
2007
ISBN: 9781451866759
This paper discusses two opposing views on global imbalances: The "traditional view", which regards the imbalances as a threat to global economic and financial stability, and the "new paradigm" view, which consider...
Volume/Issue: 2009/29
Series: IMF Staff Position Notes
Author(s):
Gian Milesi-Ferretti
, and
Olivier Blanchard
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
December
2009
DOI: http://dx.doi.org/10.5089/9781462333387.004
ISBN: 9781462333387
This chapter analyses various reasons for global imbalances and ways to tackle these issues. Current account balances reflect a plethora of macroeconomic and financial mechanisms. The overall assessment is that the...
Volume/Issue: 2009/276
Series: IMF Working Papers
Author(s):
Jaewoo Lee
,
Yongsung Chang
, and
Sun-Bin Kim
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
2009
DOI: http://dx.doi.org/10.5089/9781451874211.001
ISBN: 9781451874211
We undertake a quantitative analysis of the dispersion of current accounts in an open economy version of incomplete insurance model, incorporating important market frictions in trade and financial flows. Calibrated...