|You Never Give Me Your Money? Sovereign Debt Crises, Collective Action Problems, and IMF Lending|
Author/Editor: Marco Committeri, Francesco Spadafora.
Release Date:January, 2013
We review the impact of the global financial crisis, and its spillovers into the sovereign sector of the euro area, on the international “rules of the game” for dealing with sovereign debt more...
|Yield Curve Dynamics and Spillovers in Central and Eastern European Countries|
Author/Editor: Alexander W. Hoffmaister, Jorge Roldos, Anita Tuladhar.
Release Date:February, 2010
This paper applies the models used to study yield curve dynamics and spillovers in the U.S. and other countries to Central and Eastern European countries (CEE countries). Using the Diebold, more...
|Yen Bloc or Yuan Bloc : An Analysis of Currency Arrangements in East Asia|
Author/Editor: Kazuko Shirono.
Release Date:January, 2009
This paper examines the role of Japan against that of China in the exchange rate regime in East Asia in light of growing interest in forming a currency union in the region. The analysis suggests that more...
|Yemen : Exchange Rate Policy in the Face of Dwindling Oil Exports|
Author/Editor: Todd Schneider, Nabil Ben Ltaifa, Faisal Ahmed, Saade Chami.
Release Date:January, 2007
This paper investigates the likely implications of declining oil production on Yemen's equilibrium exchange rate, and discusses policy options to ensure a smooth transition to a nonoil economy. The more...
|Yield Spread as a Leading Indicator of Real Economic Activity : An Empirical Exercise on the Indian Economy|
Author/Editor: Rajan Goyal, K Kanagasabapathy.
Release Date:May, 2002
There is growing evidence that the yield spread could serve as a leading indicator of real economic activity. This paper is an attempt to test this hypothesis for the Indian economy by relating more...
|You Say You Want A Revolution : Information Technology and Growth|
Author/Editor: James Morsink, Markus Haacker.
Release Date:April, 2002
The information technology (IT) revolution has arrived, but how much will it change the world? It has been established that IT is contributing to labor productivity growth through both increases in more...