>> Topic > Financial crisis

Search Results

Financial Crises in DSGE Models: Selected Applications of MAPMOD

Author/Editor: Jaromir Benes, Michael Kumhof, Douglas Laxton.

Release Date: April, 2014

Price: $18.00

This paper, together with a technical companion paper, presents MAPMOD, a new IMF model designed to study vulnerabilities associated with excessive credit expansions, and to support macroprudential more...



Financial Crises in DSGE Models: A Prototype Model

Author/Editor: Jaromir Benes, Michael Kumhof, Douglas Laxton.

Release Date: April, 2014

Price: $18.00

This paper presents the theoretical structure of MAPMOD, a new IMF model designed to study vulnerabilities associated with excessive credit expansions, and to support macroprudential policy analysis. more...



Per Jacobsson Lecture: Chinas Monetary Policy Since the Turn of the Century

Release Date: November, 2013

Price: $0.00

Over the past dozen years or so, China has faced major challenges in the conduct of monetary policy. In responding to these challenges, China’s monetary policy has successfully maintained stability more...



Global Financial Stablity Report, October 2013 : Transition Challenges to Stability

Release Date: October, 2013

Price: $68.00

The October 2013 Global Financial Stability Report examines current risks facing the global financial system at it undergoes a series of transitions along the path toward greater financial stability. more...



Procyclical Behavior of Institutional Investors During the Recent Financial Crisis: Causes, Impacts, and Challenges

Author/Editor: Michael G Papaioannou, Joonkyu Park, Jukka Pihlman, Han van der Hoorn.

Release Date: September, 2013

Price: $18.00

This paper (i) provides evidence on the procyclical investment behavior of major institutional investors during the global financial crisis; (ii) identifies the main factors that could account for more...



Public Financial Management and Its Emerging Architecture

Author/Editor: M Cangiano, Teresa R Curristine, Michel Lazare.

Release Date: April, 2013

Price: $38.00

The first two decades of the twenty-first century have witnessed an influx of innovations and reforms in public financial management. The current wave of reforms is markedly different from those in more...



The Global Financial Crisis: An Anatomy of Global Growth

Author/Editor: Troy Matheson.

Release Date: March, 2013

Price: $18.00

The global financial crisis was a stark reminder of the importance of cross-country linkages in the global economy. We document growth synchronization across a diverse group of 185 countries covering more...



Global Financial Crisis, Financial Contagion, and Emerging Markets

Author/Editor: F Gulcin Ozkan, D Filiz Unsal.

Release Date: December, 2012

Price: $18.00

The recent global financial crisis was the first in recent history that was triggered by problems in the financial system of the mature economies. Existing work on financial crisis in emerging market more...



Spring Forward or Fall Back? The Post-Crisis Recovery of Firms

Author/Editor: Leandro Medina.

Release Date: December, 2012

Price: $18.00

This paper studies corporate performance in the aftermath of the global crisis by examining 6,581 manufacturing firms in 48 developed and developing countries in 2010, identifying factors of more...



Performance of Publicly Listed Chilean Firms During the 2008–09 Global Financial Crisis

Author/Editor: Yi Wu.

Release Date: October, 2012

Price: $18.00

This paper examines publicly listed Chilean firms’ performance during the 2008–09 crisis. In particular, it studies the effects from changes in external financing conditions, aggregate demand, more...



World Economic Outlook, October 2012 : Coping with High Debt and Sluggish Growth

Release Date: October, 2012

Price: $68.00

The October 2012 World Economic Outlook (WEO) assesses the prospects for the global recovery in light of such risks as the ongoing euro area crisis and the fiscal cliff facing U.S. policymakers. more...



Euro Area Policies : Staff Report for the 2012 Article IV Consultation with Member Countries

Release Date: July, 2012

Price: $18.00

The 2012 Article IV Consultation report on euro area policies highlights that investors are withholding funding from member states most in need, moving capital “north” and abroad to perceived more...



Euro Area Policies : 2012 Article IV Consultation: Selected Issues Paper

Release Date: July, 2012

Price: $18.00

This 2012 Article IV Consultation—Selected Issues Paper on Euro Area Policies argues that the creation of a common eurozone financial stability architecture is an immediate priority to restore the more...



Equity Returns in the Banking Sector in the Wake of the Great Recession and the European Sovereign Debt Crisis

Author/Editor: Jorge A. Chan-Lau, Estelle X. Liu, Jochen M. Schmittmann.

Release Date: July, 2012

Price: $18.00

This study finds that equity returns in the banking sector in the wake of the Great Recession and the European sovereign debt crisis have been driven mainly by weak growth prospects and heightened more...



Intertwined Sovereign and Bank Solvencies in a Model of Self-Fulfilling Crisis

Author/Editor: Gustavo Adler.

Release Date: July, 2012

Price: $18.00

Large fiscal financing needs, both in advanced and emerging market economies, have often been met by borrowing heavily from domestic banks. As public debt approached sustainability limits in a number more...



Macro-prudential Policy in a Fisherian Model of Financial Innovation

Author/Editor: Javier Bianchi, Emine Boz, Enrique G. Mendoza.

Release Date: July, 2012

Price: $18.00

The interaction between credit frictions, financial innovation, and a switch from optimistic to pessimistic beliefs played a central role in the 2008 financial crisis. This paper develops a more...



Fiscal Rules in Response to the Crisis - Toward the "Next-Generation" Rules. A New Dataset

Author/Editor: Andrea Schaechter, Tidiane Kinda, Nina Budina, Anke Weber.

Release Date: July, 2012

Price: $18.00

Strengthening fiscal frameworks, in particular fiscal rules, has emerged as a key response to the fiscal legacy of the crisis. This paper takes stock of fiscal rules in use around the world, compiles more...



Riding Global Financial Waves: The Economic Impact of Global Financial Shocks on Emerging Market Economies

Author/Editor: Gustavo Adler, Camilo Ernesto Tovar Mora.

Release Date: July, 2012

Price: $18.00

Over the past two decades, most emerging market economies witnessed two key developments. A marked process of financial integration with the rest of the world, arguably turning these economies more more...



On Price Stability and Welfare

Author/Editor: Etienne B. Yehoue.

Release Date: July, 2012

Price: $18.00

The financial crisis in the advanced countries that began in 2007 has led central bankers to adopt unconventional policy measures as policy interest rates neared the zero bound. One suggestion more...



What Determines Government Spending Multipliers?

Author/Editor: Giancarlo Corsetti, André Meier, Gernot Müller.

Release Date: June, 2012

Price: $18.00

This paper studies how the effects of government spending vary with the economic environment. Using a panel of OECD countries, we identify fiscal shocks as residuals from an estimated spending rule more...



Refine By:


Countries