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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...



Using Credit Subsidies to Counteract a Credit Bust : Evidence From Serbia

Author/Editor: Jiri Podpiera.

Release Date: December, 2011

Price: $18.00

Emerging markets are particularly vulnerable to boom-bust credit cycles, due to excessive capital flows, shallow equity markets, and companies'' high leverage and open FX positions. While the policy more...



Iceland: Staff Report for the 2005 Article IV Consultation : Iceland: Staff Report for the 2005 Article IV Consultation

Release Date: October, 2005

Price: $15.00

Iceland’s 2005 Article IV Consultation reports that new projects have rekindled rapid growth and the economy is exhibiting signs of overheating, with imbalances evident in inflation, the current more...



Euro Area Policies : Selected Issues

Release Date: September, 2003

Price: $15.00

An important aim of this paper is to take shifts in the long-term anchor in the empirical specifications. The study examines exchange-rate pass-through and external adjustment in the euro area. The more...