 | The Chinese Approach to Capital Inflows : Patterns and Possible Explanations Author/Editor: Shang-Jin Wei, Eswar Prasad. Release Date:April, 2005 In this paper, we adopt a cross-country perspective to examine the evolution of capital flows into China, both in terms of volumes and composition. China's inflows have generally been dominated by more...
| Price: $15.00
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 | Putting the Cart Before the Horse? Capital Account Liberalization and Exchange Rate Flexibility in China Author/Editor: Eswar Prasad, Qing Wang, Thomas Rumbaugh. Release Date:January, 2005 This paper reviews the issues involved in moving towards greater exchange rate flexibility and capital account liberalization in China. A more flexible exchange rate regime would allow China to more...
| Price: $15.00
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| How Do Trade and Financial Integration Affect the Relationship Between Growth and Volatility? Author/Editor: Eswar Prasad, Marco Terrones, Ayhan Kose. Release Date:January, 2005 The influential work of Ramey and Ramey (1995) highlighted an empirical relationship that has now come to be regarded as conventional wisdom-that output volatility and growth are negatively more...
| Price: $15.00
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 | Hong Kong SAR : Meeting the Challenges of Integration with the Mainland Author/Editor: William Lee, Jorge A. Chan-Lau, Dora M. Iakova, Papa M'B. P. N'Diaye, Tao Wang, Ida Liu, Hong Liang, Eswar Prasad. Release Date:February, 2004 This Occasional Paper provides an overview of the main challenges facing Hong Kong SAR as it continues to become more closely integrated with the mainland of China. Section I provides an overview of more...
| Price: $25.00
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| Volatility and Comovement in a Globalized World Economy : An Empirical Exploration Author/Editor: Ayhan Kose, Marco Terrones, Eswar Prasad. Release Date:December, 2003 This paper analyzes the evolution of volatility and cross-country comovement in output, consumption, and investment fluctuations using two distinct datasets. The results suggest that there has been a more...
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| Effects of Financial Globalization on Developing Countries : Some Empirical Evidence Author/Editor: Ayhan Kose, Kenneth Rogoff, Eswar Prasad, Shang-Jin Wei. Release Date:September, 2003 This study provides a candid, systematic, and critical review of recent evidence on this complex subject. Based on a review of the literature and some new empirical evidence, it finds that (1) in more...
| Price: $25.00
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| How Does Globalization Affect the Synchronization of Business Cycles? Author/Editor: Ayhan Kose, Eswar Prasad, Marco Terrones. Release Date:March, 2003 This paper examines the impact of rising trade and financial integration on international business cycle comovement among a large group of industrial and developing countries. The results provide at more...
| Price: $15.00
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| Financial Integration and Macroeconomic Volatility Author/Editor: Marco Terrones, Eswar Prasad, Ayhan Kose. Release Date:March, 2003 This paper examines the impact of international financial integration on macroeconomic volatility in a large group of industrial and developing economies over the period 1960-99. We report two major more...
| Price: $15.00
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| What Determines the Reservation Wages of Unemployed Workers? New Evidence From German Micro Data Author/Editor: Eswar Prasad. Release Date:January, 2003 This paper provides new empirical evidence on the relationship between reservation wages of unemployed workers and macroeconomic factors--including the unemployment rate and generosity of the more...
| Price: $15.00
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| Wage Inequality in the United Kingdom, 1975–99 Author/Editor: Eswar Prasad. Release Date:February, 2002 This paper provides evidence that cross-sectional wage inequality in the U.K. rose sharply in the 1980s, continued to rise moderately through the mid-1990s and has remained essentially unchanged more...
| Price: $15.00
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