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Content
1993
- 1993/047 Price Reform and Durable Goods in the Transition to a Market Economy
by Pierre-Richard Agénor
- 1993/046 Viet Nam: Reform and Stabilization, 1986-1992
by Erich Spitäller & Mr. Gabrielle Lipworth
- 1993/045 The Behavior of Nontradable Goods Prices in Europe: Evidence and Interpretation
by Mr. Jose De Gregorio & Mr. Thomas Krueger & Mr. Alberto Giovannini
- 1993/044 The Relation Between Skill Levels and the Cyclical Variability of Employment, Hours, and Wages
by Mr. Michael P. Keane & Mr. Eswar S Prasad
- 1993/043 On Improving Public Expenditure Policies for the Poor: Major Informational Requirements
by Mr. Nigel A Chalk & Mr. Ehtisham Ahmad
- 1993/042 Poland: The Social Safety Net During the Transition
by Mr. Xavier Maret & Mr. Gerd Schwartz
- 1993/041 Exports and Economic Development
by Delano Villanueva
- 1993/040 Toward An Economic Theory of Multilateral Development Banking
by Mr. Gerd Schwartz
- 1993/039 Economic Reform in Arab Countries: A Review of Structural Issues for the Remainder of the 1990's
by Mr. Mohamed A. El-Erian & Mr. Shamsuddin Tareq
- 1993/038 Real Exchange Rate Targeting Under Imperfect Asset Substitutability
by Mr. José Saúl Lizondo
- 1993/037 Private Saving, Public Saving, and the Inflation Tax: Another Look At An Old Issue
by Mr. A. J Hamann
- 1993/036 Experience with Floating Interbank Exchange Rate Systems in Five Developing Economies
by Vicente Galbis
- 1993/035 Reserve Requirements and Monetary Management: An Introduction
by International Monetary Fund
- 1993/034 Do Capital Flows Reflect Economic Fundamentals in Developing Countries?
by Mr. Atish R. Ghosh & Mr. Jonathan David Ostry
- 1993/033 Net Foreign Assets and International Adjustment: The United States, Japan, and Germany
by Ms. Jocelyn Horne & Mr. Paul R Masson & Jeroen J. M. Kremers
- 1993/032 Labor Market Issues in Belgium: An International Perspective
by Mr. Reza Moghadam
- 1993/031 Savings, Growth and Capital Markets Imperfections: The Case of Borrowing Constraints
by Mr. Jose De Gregorio
- 1993/030 Determinants of Private Investment in Pakistan
by Mr. Khaled Sakr
- 1993/029 Stabilization Dynamics and Backward-Looking Contracts
by Mr. Carlos A. Végh Gramont & Mr. Guillermo Calvo
- 1993/028 Evaluating the EMS and EMU Using Stochastic Simulations: Some Issues
by Mr. Paul R Masson & Mr. Steven A. Symansky
- 1993/027 Public Expenditure Policy and the Environment: A Review and Synthesis
by Mr. Kenneth M. Miranda & Ian W.H. Parry & Mr. Sanjeev Gupta
- 1993/026 Intertemporal Substitution in Consumption Revisited
by Zuliu Hu
- 1993/025 Centralized Bargaining, Efficiency Wages, and Flexibility
by Mr. Ramana Ramaswamy & Mr. Bob Rowthorn
- 1993/024 The Demand for M1 in the United States: A Commenton Baba, Hendry, and Starr
by Mr. James M. Boughton
- 1993/023 Conducting Monetary and Credit Policy in Countries of the Former Soviet Union: Some Issues and Options
by Mr. Hugh Bredenkamp
- 1993/022 Fiscal Policy and the Economic Restructuring of Economies in Transition
by Mr. Vito Tanzi
- 1993/021 A Primeron Tax Evasion
by Mr. Vito Tanzi & Mr. Parthasarathi Shome
- 1993/020 Monetary and Exchange Rate Arrangements for Nafta
by Mr. Barry J. Eichengreen & Mr. Tamim Bayoumi
- 1993/019 The Yield Curve and Real Activity
by Zuliu Hu
- 1993/018 Military Expenditures 1972-1990: The Reasons Behind the Post-1985 Fall in World Military Spending
by Mr. Daniel P. Hewitt
- 1993/017 Economic Consequences of Lower Military Spending: Some Simulation Results
by Mr. Jerald A Schiff & Mr. Tamim Bayoumi & Mr. Daniel P. Hewitt
- 1993/016 Economic Restructuring, Unemployment, and Growth in a Transition Economy
by Ms. Kornelia Krajnyak & Mr. Bankim Chadha & Fabrizio Coricelli
- 1993/015 Asset Pricing in the International Economy
by Mr. José M. Barrionuevo
- 1993/014 A Comparative Analysis of the Structure of Tax Systems in Industrial Countries
by Assaf Razin & Mr. Enrique G. Mendoza & Ms. Linda L. Tesa
- 1993/013 Exchange-Rate Unification with Black Market Leakages: Russia 1992
by Ms. Linda S. Goldberg
- 1993/012 Auctions: Theory and Possible Applications to Economies in Transition
by Rajnish Mehra & Mr. Robert A Feldman
- 1993/011 Capital and Trade As Engines of Growth in France: An Application of Johansen's Cointegration Methodology
by Mr. David T. Coe & Mr. Reza Moghadam
- 1993/010 Portfolio Performance of the SDR and Reserve Currencies: Tests Using the ArCH Methodology
by Tugrul Temel & Mr. Michael G. Papaioannou
- 1993/009 Poverty, Demographic Characteristics, and Public Policy in Cis Countries
by Mr. Ehtisham Ahmad
- 1993/008 Alternative Social Security Systems in CIS Countries
by Mr. Ehtisham Ahmad & Mr. Jean-Luc Schneider
- 1993/007 High Real Interest Rates Under Financial Liberalization: Is there a Problem?
by Vicente Galbis
- 1993/006 Resource Allocation During the Transition to a Market Economy: Policy Implications of Supply Bottlenecks and Adjustment Costs
by Mr. Peter Isard & Mr. Joshua Aizenman
- 1993/005 Taxes and the Price Level: A Further Examination of the PPP Hypothesis
by Mr. Ephraim Kleiman
- 1993/004 Working Paper Summaries (WP/92/49 - WP/92/112)
by International Monetary Fund
- 1993/003 Stabilization Programs and External Enforcement: Experience From the 1920's
by Julio A. Santaella
- 1993/002 Cash-Flow Tax
by Christian Schutte & Mr. Parthasarathi Shome
- 1993/001 French-German Interest Rate Differentials and Time-Varying Realignment Risk
by Mr. Francesco Caramazza
1992
- 1992/112 U.S. State and Local Government Finances Over the Current Cycle
by Mr. Tamim Bayoumi
- 1992/111 Robustness of Macroeconomic Indicators of Capital Mobility
by Mr. Enrique G. Mendoza
- 1992/110 Macroeconomic Models for the PC+L862
by Mr. Willem Bier
- 1992/109 The Volatility of Consumption in a Simple General Equilibrium Model
by Gunnar Tersman
- 1992/108 Tax Policy and Trade Liberalization: An Application to Mexico
by Mr. Andrew Feltenstein
- 1992/107 Fund Transactions and Reserve Creation
by Samir Fawzi
- 1992/106 Testing the Neoclassical Theory of Economic Growth: A Panel Data Approach
by Mr. Malcolm D. Knight & Delano Villanueva & Norman Loayza
- 1992/105 Risk-Taking and Optimal Taxation with Nontradable Human Capital
by Zuliu Hu
- 1992/104 International Environmental Taxation in the Absence of Sovereignty
by Mr. Bernard P. Herber
- 1992/103 Money and Banking Statistics in Former Soviet Union (FSU) Economies
by Mr. K. Wilhelm Nahr & Mr. Robert G DiCalogero & Mr. Richard T. Stillson
- 1992/102 Inflation and Fiscal Deficits: The Irrelevance of Debt and Money Financing
by Mr. José M. Barrionuevo
- 1992/101 Financial Development and Economic Growth
by Mr. Pablo Emilio Guidotti & Mr. Jose De Gregorio
- 1992/100 Optimal and Sustainable Exchange Rate Regimes: A Simple Game-Theoretic Approach
by Masahiro Kawai
- 1992/099 Money and Credit Under Currency Substitution
by Mr. Carlos A. Rodriguez
- 1992/098 The Terms of Trade and Economic Fluctuations
by Mr. Enrique G. Mendoza
- 1992/097 Fiscal Policy in Pakistan Since 1970
by International Monetary Fund
- 1992/096 Asymmetry in the ERM: A Case Study of French and German Interest Rates Since Basle-Nyborg
by Mr. W. R. M. Perraudin & Mr. E. H. Gardner
- 1992/095 Managing Payment System Risk During the Transition From a Centrally Planned to a Market Economy
by Mr. Andrew T. Hook
- 1992/094 The European Community's Trade and Trade-Related Industrial Policies
by Ms. Miranda Xafa & Mrs. Joslin Landell-Mills & Mr. Roger P. Kronenberg
- 1992/093 Linkages Between External Debt Data and Balance of Payments, Government Finance and Monetary Statistics
by Ms. Jan Bové
- 1992/092 Price Liberalization in Russia: The Early Record
by Mr. Vincent Koen & Mr. Steven T Phillips
- 1992/091 The Savings Trap and Economic Take-Off
by Mr. Atish R. Ghosh & Mr. Carlos M. Asilis
- 1992/090 International Trade, Distortions and Long-Run Economic Growth
by Jong-Wha Lee
- 1992/089 China: An Evolving Market Economy: A Review of Reform Experience
by Ms. Kalpana Kochhar & Mr. Michael W. Bell
- 1992/088 Are Prices Countercyclical?
by Mr. Eswar S Prasad & Mr. Bankim Chadha
- 1992/087 Implementation of Monetary Policy in Ems Countries Participating in the Exchange Rate Mechanism
by Mr. Michel Galy
- 1992/086 Structural and Macroeconomic Determinants of the Output Decline in Poland: 1990-91
by Mr. Jonathan David Ostry & Mr. Eduardo Borensztein
- 1992/085 Capital Inflows to Latin America: The 1970's and the 1990's
by Ms. Carmen Reinhart & Mr. Guillermo Calvo & Mr. Leonardo Leiderman
- 1992/084 Coordinating Public Debt and Monetary Management During Financial Reforms
by Mr. Sérgio Pereira. Leite
- 1992/083 Credibility Effects of Price Controls in Disinflation Programs
by Pierre-Richard Agénor
- 1992/082 Issues in Managing and Sequencing Financial Sector Reforms Lessons From Experiences in Five Developing Countries
by International Monetary Fund
- 1992/081 Currency Substitution and Cross-Border Monetary Aggregation: Evidence From the G-7
by Mr. Timothy D. Lane & Mr. Stephen S. Poloz
- 1992/080 Automating the Price Discovery Process: Some International Comparisons and Regulatory Implications
by Mr. Ian Domowitz
- 1992/079 Private Sector Development in State-Dominated Economies
by Mr. Aasim M. Husain
- 1992/078 Spain: Landmarks in Economic Development, 1939-92
by Erich Spitäller & Mr. Michel Galy
- 1992/077 Treatment of Intercompany Transfer Pricing for Tax Purposes: A Survey of Legislative and Administrative Issues
by Yuichi Ikeda
- 1992/076 A Taxonomy of Automated Trade Execution Systems
by Mr. Ian Domowitz
- 1992/075 External Shocks and Inflation in Developing Countries Under a Real Exchange Rate Rule
by Mr. Jonathan David Ostry & Mr. Peter J Montiel
- 1992/074 Wage Claims, Incomes Policy, and the Path of Output and Inflation in a Formerly Centrally Planned Economy
by Mr. Gian M Milesi-Ferretti
- 1992/073 Losing Credibility: The Stabilization Blues
by Mr. Pablo Emilio Guidotti & Mr. Carlos A. Végh Gramont
- 1992/072 Macroeconomic Uncertainty, Precautionary Savings and the Current Account
by Mr. Jonathan David Ostry & Mr. Atish R. Ghosh
- 1992/071 The Implications of Cross-Border Monetary Aggregation
by Mr. Timothy D. Lane & Jeroen J. M. Kremers
- 1992/070 Tax Farming: A Radical Solution for Developing Country Tax Problems?
by Mr. Peter Stella
- 1992/069 A Simple Monetary Model of a Shortage Economy
by Shoukang Lin
- 1992/068 Interest Rate Policy in Central and Eastern Europe: The Influence of Monetary Overhangs and Weak Enterprise Discipline
by Ms. Susan M Schadler & Mr. Adam Bennett
- 1992/067 Wage and Public Debt Indexation
by Mr. Pablo Emilio Guidotti
- 1992/066 The Dissolution of the Austro-Hungarian Empire: Lessons for Currency Reform
by Mr. Michael G. Spencer & Mr. Peter M. Garber
- 1992/065 Currency Substitution: The Recent Experience of Bolivia
by Mr. Benedict J. Clements & Mr. Gerd Schwartz
- 1992/064 Output Collapse in Eastern Europe: The Role of Credit
by Mr. Guillermo Calvo & Fabrizio Coricelli
- 1992/063 Discretionary Monetary Policy Versus Rules: The Japanese Experience During 1986-91
by Mr. Guy M Meredith
- 1992/062 Capital Inflows and Real Exchange Rate Appreciation in Latin America: The Role of External Factors
by Mr. Leonardo Leiderman & Ms. Carmen Reinhart & Mr. Guillermo Calvo
- 1992/061 Stock Market Response to Unexpected Macroeconomic News: The Australian Evidence
by Mahdi Sadeghi
- 1992/060 Inflation and Monetary Reform
by Pierre-Richard Agénor & Ms. Anna Lennblad
- 1992/059 The Output Decline in the Aftermath of Reform: The Cases of Bulgaria, Czechoslovakia, and Romania
by Mr. Jonathan David Ostry & Mr. Eduardo Borensztein & Mr. Dimitri G Demekas
- 1992/058 Working Paper Summaries (WP/92/1 - WP/92/47)
by International Monetary Fund
- 1992/057 Endogenous Creditor Seniority and External Debt Values
by Mr. Michael P. Dooley & Mr. Mark R. Stone
- 1992/056 Using An EC-Wide Monetary Aggregate in Stage Two of EMU
by Mr. Peter B. Kenen & Mr. Tamim Bayoumi
- 1992/055 The Export Performance of Sub-Saharan Africa, 1970-19+L69390: A Survey
by Mr. Joshua E. Greene
- 1992/054 Current Account Deficits, External Liabilities and Economic Policy
by Mr. J. D. Pitchford
- 1992/053 Multi-Country Evidenceon the Effects of Macroeconomic, Financial and Trade Policieson Efficiency of Resource Utilization in the Developing Countries
by Mr. Mathew O. Odedokun
- 1992/052 The Sub-Saharan African Debt Problem: An Update
by Mr. Joshua E. Greene
- 1992/051 Exchange Rates, Country Preferences, and Gold
by Mr. Peter Isard & Mr. Mark P. Taylor & Mr. Michael P. Dooley
- 1992/050 Independent Currency Authorities: An Analytic Primer
by Kent Osband & Delano Villanueva
- 1992/049 Alternative Forms of Mineral Taxation, Market Failure and the Environment
by Mr. Timothy R. Muzondo
- 1992/048 A Simple Forecasting Accuracy Criterion Under Rational Expectations: Evidence From the World Economic Outlook and Time Series Models
by Mr. José M. Barrionuevo
- 1992/047 The Macroeconomic Effects of Counterpart Funds and the Underlying Foreign Aid
by Mr. Christian B. Mulder
- 1992/046 Liberalization of the Capital Account: Experiences and Issues
by Mr. Donald J Mathieson & Ms. Liliana Rojas-Suárez
- 1992/045 Bank Risk and the Declining Franchise Value of the Banking Systems in the United States and Japan
by Mr. Howard Lee & Ms. Liliana Rojas-Suárez & Mr. Steven Riess Weisbrod
- 1992/044 Price Liberalization in a Reforming Socialist Economy: A Search Equilibrium Approach
by Mr. Domenico Fanizza
- 1992/043 Trends and Future Directions in Tax Policy Reform: A Latin American Perspective
by Mr. Parthasarathi Shome
- 1992/042 Market Discipline
by Mr. Timothy D. Lane
- 1992/041 Specification of Policy Rules and Performance Measures in Multicountry Simulation Studies
by Mr. Bennett T. McCallum
- 1992/040 Currency Substitution in Developing Countries: An Introduction
by Mr. Guillermo Calvo & Mr. Carlos A. Végh Gramont
- 1992/039 A Theory of Optimum Currency Areas: Revisited
by Mr. Robert P Flood & Mr. Joshua Aizenman
- 1992/038 Fiscal Impulses and their Fiscal Impact
by Sheetal K. Chand
- 1992/037 The Optimal Rate of Money Creation in an Overlapping Generations Model: Numerical Simulations for the U.S. Economy
by Mr. A. J Hamann
- 1992/036 Aggregation of Economic Indicators Across Countries: Exchange Rate versus PPP Based GDP Weights
by Mrs. Marianne Schulze-Gattas & Ms. Anne Marie Gulde
- 1992/035 Growth, Productivity, and the Rate of Returnon Capital
by Mr. Bankim Chadha & Mr. Charles Adams
- 1992/034 The Monetary Approach to the Exchange Rate: Rational Expectations, Long-Run Equilibrium and Forecasting
by Mr. Ronald MacDonald & Mr. Mark P. Taylor
- 1992/033 Currency Substitution and Inflation in Peru
by Ms. Liliana Rojas-Suárez
- 1992/032 Anticipated Exchange Rate Reforms
by Mr. Robert P Flood & Pierre-Richard Agénor
- 1992/031 A Framework for the Analysis of Financial Reforms and the Cost of official Safety Nets
by Mr. Peter Isard & Ms. Liliana Rojas-Suárez & Mr. Donald J Mathieson
- 1992/030 Stabilization and Reform in Eastern Europe: A Preliminary Evaluation
by Mr. Michael Bruno
- 1992/029 Financial Markets and Public Finance in the Transformation Process
by Mr. Vito Tanzi
- 1992/028 Tariffs, Optimal Taxes, and Collection Costs
by Mr. Dubravko Mihaljek
- 1992/027 An Analysis of the Process of Capital Liberalization in Italy
by Mr. Gordon M. Bodnar & Mr. Leonardo Bartolini
- 1992/026 Contacts, Credibility and Common Knowledge: Their Influenceon Inflation Convergence
by Mr. Marcus Miller & Mr. Alan Sutherland
- 1992/025 Sovereign Debt Relief Schemes and Welfare
by Mr. Aasim M. Husain
- 1992/024 Can the Release of a Monetary Overhang Trigger Hyperinflation?
by Kent Osband & Shoukang Lin
- 1992/023 Fiscal Revenue, Inflationary Finance and Growth
by Mr. Nurun N. Choudhry
- 1992/022 Target Zones and Forward Rates in a Model with Repeated Realignments
by Mr. Gordon M. Bodnar & Mr. Leonardo Bartolini
- 1992/021 A Noteon Burden Sharing Among Creditors
by Mr. Michael P. Dooley & Mr. Richard D Haas & Mr. Steven A. Symansky
- 1992/020 Exchange Rate Flexibility, Volatility and the Patterns of Domestic and Foreign Direct Investment
by Mr. Joshua Aizenman
- 1992/019 Theories of Policy Accommodation: The Persistence of Inflation and Gradual Stabilizations
by Mr. Jose De Gregorio
- 1992/018 Reserve Requirementson Bank Deposits a+L558s Implicit Taxes: A Case Study of Italy
by Mr. Lazaros E. Molho
- 1992/017 From the Debt Crisis toward Economic Stability: An Analysis of the Consistency of Macroeconomic Policies in Mexico
by Ms. Liliana Rojas-Suárez
- 1992/016 A Taxon Gross Assets of Enterprises as a Form of Presumptive Taxation
by Efraim Sadka & Mr. Vito Tanzi
- 1992/015 Theory and Policy: A Commenton Dixit andon Current Tax Theory
by Mr. Vito Tanzi
- 1992/014 A Quantitative Examination of Current Account Dynamics in Equilibrium Models of Barter Economies
by Mr. Enrique G. Mendoza
- 1992/013 Does Sequencing of Privatization Matter in Reforming Planned Economies?
by Mr. Aasim M. Husain & Ms. Ratna Sahay
- 1992/012 Assessing Eastern Europe's Capital Needs
by Mr. Anthony R. Boote
- 1992/011 A Cross-Country Analysis of the Tax-Push Hypothesis
by Fiorella Padoa-Schioppa
- 1992/010 Distortionary Taxation and the Debt Laffer Curve
by Mr. Aasim M. Husain
- 1992/009 Bank Insolvency and Stabilization in Eastern Europe
by International Monetary Fund
- 1992/008 Privatization in East Germany: A Survey of Current Issues
by Mr. Dieter Bös
- 1992/007 International Comparisons of Money Demand: A Review Essay
by Mr. James M. Boughton
- 1992/006 Household Demand for Money in Poland: Theory and Evidence
by Mr. Timothy D. Lane
- 1992/005 China's Foreign Trade Behavior in the 1980's: An Empirical Analysis
by Adi Brender
- 1992/004 Econometric Analysis of Industrial Country Commodity Exports
by Mr. Manmohan S. Kumar
- 1992/003 The Credibility of Nordic Exchange Rate Bands: 1987-1991
by Mr. Sami Geadah & Mr. Lars E. O. Svensson & Mr. Tapio Saavalainen
- 1992/002 Stabilization and Structural Reform in Czechoslovakia: An Assessment of the First Stage
by Bijan B. Aghevli & Ms. Tessa Van der Willigen & Mr. Eduardo Borensztein
- 1992/001 Foreign Currency Deposits and the Demand for Money in Developing Countries
by Mr. Mohsin S. Khan & Pierre-Richard Agénor
1991