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Monetary Policy Transmission in the GCC Countries

Author/Editor: Raphael A. Espinoza, Ananthakrishnan Prasad.

Release Date: May, 2012

Price: $18.00

The GCC countries maintain a policy of open capital accounts and a pegged (or nearly-pegged) exchange rate, thereby reducing their freedom to run an independent monetary policy. This paper shows, more...



Panama: Staff Report for the 2011 Article IV Consultation

Release Date: April, 2012

Price: $18.00

Haiti: Second and Third Reviews Under the Extended Credit Facility - Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Haiti.

Release Date: April, 2012

Price: $18.00

Haiti: Poverty Reduction Strategy Paper - Progress Report

Release Date: April, 2012

Price: $18.00

St. Kitts and Nevis - First Review Under the Stand-By Arrangement and the Financing Assurances Review, and Request for Waivers of Applicability and Modification of Performance Criterion - Staff Report and Press Release

Release Date: March, 2012

Price: $18.00

BRICs’ Philosophies for Development Financing and Their Implications for LICs

Author/Editor: Nkunde Mwase, Yongzheng Yang.

Release Date: March, 2012

Price: $18.00

Flows of development financing from the BRICs (Brazil, Russia, India, and China) to low income countries (LICs) have surged in recent years. Unlike aid from traditional donors, BRICs (excluding more...



Institutions, Informality, and Wage Flexibility: Evidence from Brazil

Author/Editor: Marcello M. Estevão, Irineu E. Carvalho Filho.

Release Date: March, 2012

Price: $18.00

Even though institutions are created to protect workers, they may interfere with labor market functioning, raise unemployment, and end up being circumvented by informal contracts. This paper uses more...



Commodity Prices and Inflation Expectations in the United States

Author/Editor: Oya Celasun, Roxana Mihet, Lev Ratnovski.

Release Date: March, 2012

Price: $18.00

U.S. monetary policy can remain extraordinarily accommodative only if longer-term inflation expectations stay well-anchored, including in response to commodity price shocks. We find that oil price more...



Dominica - Request for Disbursement Under the Rapid Credit Facility - Staff Report and Press Release

Release Date: February, 2012

Price: $18.00

Peru: 2011 Article IV Consultation - Staff Report; Supplement; and Public Information Notice

Release Date: February, 2012

Price: $18.00

Peru: Selected Issues Paper

Release Date: February, 2012

Price: $18.00

The Puzzle of Brazil's High Interest Rates

Author/Editor: Alex Segura-Ubiergo.

Release Date: February, 2012

Price: $18.00

This paper highlights that real interest rates in Brazil have declined substantially over time, but are still well above the average of emerging market inflation targeting regimes. The adoption of an more...



United Kingdom-Anguilla-British Overseas Territory : Staff Report for the 2011 Article IV Consultation

Release Date: January, 2012

Price: $18.00

The downturn has accentuated strains on the financial system of Anguilla. The 2011 Article IV Consultation highlights that the growth outlook is improving with major tourism projects getting back on more...



United Kingdom-Montserrat-British Overseas Territory: 2011 Article IV Consultation

Release Date: January, 2012

Price: $18.00

Barbados: Staff Report for the 2011 Article IV Consultation

Release Date: January, 2012

Price: $18.00

The Eastern Caribbean Currency Union: Would a Fiscal Insurance Mechanism Mitigate National Income Shocks?

Author/Editor: Antonio Lemus, Paul Cashin.

Release Date: January, 2012

Price: $18.00

This paper studies the nature of the shocks affecting the Eastern Caribbean Currency Union (ECCU), and examines whether a hypothetical Eastern Caribbean fiscal insurance mechanism could insure member more...



Barbados: Sectoral Balance Sheet Mismatches and Macroeconomic Vulnerabilities

Author/Editor: Charles Amo Yartey.

Release Date: January, 2012

Price: $18.00

This paper uses the balance sheet approach to analyze macroeconomic vulnerabilities in Barbados between 2006 and 2009. It discusses the financial position of the economy and its main sectors and the more...



Macroeconomic and Welfare Costs of U.S. Fiscal Imbalances

Author/Editor: Bertrand Gruss, Jose L. Torres.

Release Date: January, 2012

Price: $18.00

In this paper we use a general equilibrium model with heterogeneous agents to assess the macroeconomic and welfare consequences in the United States of alternative fiscal policies over the more...



Uruguay: 2011 Article IV Consultation

Release Date: December, 2011

Price: $18.00

Uruguay: 2011 Selected Issues

Release Date: December, 2011

Price: $18.00

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