 | Spillovers to and from the Nordic Economies: A Macroeconometric Model Based Analysis Author/Editor: Francis Vitek. Release Date:November, 2013 This paper analyzes the transmission of shocks and policies among and across the Nordic economies and the rest of the world. This spillover analysis is based on a pair of estimated structural more...
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 | Macroeconomic Model Spillovers and Their Discontents Author/Editor: Tamim Bayoumi, Francis Vitek. Release Date:January, 2013 The Great Recession underlined that policies in some countries can have profound spillovers elsewhere. Sadly, the solution of simulating large macroeconomic models to measure these spillovers has more...
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| Policy Analysis and Forecasting in the World Economy: A Panel Unobserved Components Approach Author/Editor: Francis Vitek. Release Date:June, 2012 This paper develops a structural macroeconometric model of the world economy, disaggregated into thirty five national economies. This panel unobserved components model features a monetary more...
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| The Global Macroeconomic Costs of Raising Bank Capital Adequacy Requirements Author/Editor: Scott Roger, Francis Vitek. Release Date:February, 2012 This paper examines the transitional macroeconomic costs of a synchronized global increase in bank capital adequacy requirements under Basel III, as well as a capital increase covering globally more...
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 | Cross-Cutting Themes in Employment Experiences during the Crisis Author/Editor: Athanasios Vamvakidis, Francis Vitek, Mwanza Nkusu, Reginald Darius, Alun H Thomas, Edouard Vidon. Release Date:November, 2010 The human cost of the recent global crisis is reflected in its impact on the labor market. Explaining why economies with similar downturns had very different employment trends can help design more...
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| Output and Unemployment Dynamics during the Great Recession: A Panel Unobserved Components Analysis Author/Editor: Francis Vitek. Release Date:August, 2010 This paper analyzes the sources of output and unemployment dynamics in the world economy during the Great Recession. This analysis is based on a panel unobserved components model of the world more...
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| Monetary Policy Analysis and Forecasting in the Group of Twenty: A Panel Unobserved Components Approach Author/Editor: Francis Vitek. Release Date:June, 2010 This paper develops a panel unobserved components model of the monetary transmission mechanism in the world economy, disaggregated into twenty national economies along the lines of the Group of more...
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| Monetary Policy Analysis and Forecasting in the World Economy : A Panel Unobserved Components Approach Author/Editor: Francis Vitek. Release Date:October, 2009 This paper develops a panel unobserved components model of the monetary transmission mechanism in the world economy, disaggregated into its fifteen largest national economies. This structural more...
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| An Assessment of External Price Competitiveness for Mozambique Author/Editor: Francis Vitek. Release Date:August, 2009 This paper conducts an assessment of external price competitiveness for Mozambique. A variety of indicators suggest that Mozambique has recently lost external price competitiveness with respect to more...
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| Australia and New Zealand Exchange Rates : A Quantitative Assessment Author/Editor: Hali J. Edison, Francis Vitek. Release Date:January, 2009 The paper describes three empirical models commonly used to conduct exchange rate assessments and applies them to data for Australia and New Zealand. The baseline results using data and mediumterm more...
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