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Private Information, Capital Flows, and Exchange Rates

Author/Editor: Jacob Gyntelberg, Mico Loretan, Subhanij Tientip.

Release Date: August, 2012

Price: $18.00

We demonstrate empirically that not all capital flows influence exchange rates equally: Capital flows induced by foreign investors’ stock market transactions have both an economically more...



Exchange Rate Fluctuations and International Portfolio Rebalancing in Thailand

Author/Editor: Jacob Gyntelberg, Mico Loretan, Subhanij Tientip.

Release Date: August, 2012

Price: $18.00

We present empirical evidence that the Thai baht’s value is driven in part by investors’ cross-border equity portfolio rebalancing decisions. Our results are based on comprehensive more...



Sri Lanka: Eighth and Final Review Under the Stand-By Arrangement - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Sri Lanka.

Release Date: July, 2012

Price: $18.00

Brunei Darussalam: Statistical Appendix

Release Date: July, 2012

Price: $18.00

Indonesia: CPSS-IOSCO Recommendations for Securities Settlement Systems - The Equity and Corporate Bonds Securities Settlement Systems

Release Date: July, 2012

Price: $18.00

Indonesia: CPSS Core Principles for Systemically Important Payment Systems

Release Date: July, 2012

Price: $18.00

Indonesia: Detailed Assessment of Observance of IMF Code of Good Practices on Transparency in Monetary and Financial Policies

Release Date: July, 2012

Price: $18.00

Indonesia: Implementation of the IOSCO Objectives and Principles of Securities Regulation

Release Date: July, 2012

Price: $18.00

Tonga: Staff Report for the 2012 Article IV Consultation

Release Date: July, 2012

Price: $18.00

Vietnam: Staff Report for the 2012 Article IV Consultation

Release Date: July, 2012

Price: $18.00

Environmental Tax Reform: Principles from Theory and Practice to Date

Author/Editor: Dirk Heine, John Norregaard, Ian W.H. Parry.

Release Date: July, 2012

Price: $18.00

This paper recommends a system of upstream taxes on fossil fuels, combined with refunds for downstream emissions capture, to reduce carbon and local pollution emissions. Motor fuel taxes should also more...



Accelerating And Sustaining Growth: Economic and Political Lessons

Author/Editor: Arvind Virmani.

Release Date: July, 2012

Price: $18.00

The paper reviews and draws lessons from the experience of fast growing economies including a sub-set of these termed High Growth Economies (HGEs) with a decadal rate of over 7 per cent. It then more...



Successful Austerity in the United States, Europe and Japan

Author/Editor: Nicoletta Batini, Giovanni Callegari, Giovanni Melina.

Release Date: July, 2012

Price: $18.00

The output effects of 2009 fiscal expansions have been hotly debated. But the discussion of fiscal multipliers is even more relevant now that several European countries have had to quickly retract more...



Inflation Dynamics in Mongolia: Understanding the Roller Coaster

Author/Editor: Steven Barnett, Julia Bersch, Yasuhisa Ojima.

Release Date: July, 2012

Price: $18.00

Inflation in Mongolia resembles a roller coaster ride with sharp rises and steep drops. Understanding why is critical for formulating and assessing monetary policy. Food prices are found to be a key more...



Barriers to Household Risk Management: Evidence from India

Author/Editor: Shawn Cole, Xavier Gine, Jeremy Tobacman, Petia Topalova, Robert M. Townsend, James Ian Vickery.

Release Date: July, 2012

Price: $18.00

Why do many households remain exposed to large exogenous sources of non-systematic income risk? We use a series of randomized field experiments in rural India to test the importance of price and more...



Solomon Islands: First Review Under the Standby Credit Facility and Request for Modification of Performance Criteria - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Solomon Islands.

Release Date: June, 2012

Price: $18.00

New Zealand: 2012 Article IV Consultation - Staff Report; Staff Supplement; Public Information Notice

Release Date: June, 2012

Price: $18.00

Papua New Guinea: 2012 Article IV Consultation - Staff Report; Public Information Notice

Release Date: June, 2012

Price: $18.00

Thailand: Staff Report for the 2012 Article IV Consultation

Release Date: June, 2012

Price: $18.00

How Effective Is Monetary Transmission in Low-Income Countries? A Survey of the Empirical Evidence

Author/Editor: Prachi Mishra, Peter Montiel.

Release Date: June, 2012

Price: $18.00

This paper surveys the evidence on the effectiveness of monetary transmission in low-income countries. It is hard to come away from this review with much confidence in the strength of monetary more...



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