 | Remittances in Pakistan : Why have they gone up, and why Aren't they coming down? Author/Editor: Yan Sun, Udo Kock. Release Date:August, 2011 The flow of workers'' remittances to Pakistan has more than quadrupled in the last eight years and it shows no sign of slowing down, despite the economic downturn in the Gulf Cooperation Council more...
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 | From West to East : Estimating External Spillovers to Australia and New Zealand Author/Editor: Yan Sun. Release Date:May, 2011 This paper examines the size and source of external spillovers to Australia and New Zealand based on a structural vector autoregression (VAR) approach. It finds that during the last decade shocks more...
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 | Potential Growth of Australia and New Zealand in the Aftermath of the Global Crisis Author/Editor: Yan Sun. Release Date:May, 2010 Using a production function method, this paper assesses the impact of the global crisis on the potential growth of Australia and New Zealand. The two countries have not been hit hard by the global more...
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 | ECCU Business Cycles : Impact of the U.S. Author/Editor: Yan Sun, Wendell A. Samuel. Release Date:April, 2009 With a fixed peg to the U.S. dollar for more than three decades, the tourism-dependent Eastern Caribbean Currency Union (ECCU) countries share a close economic relationship with the U.S. This paper more...
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 | Assessing Exchange Rate Competitiveness in the Eastern Caribbean Currency Union Author/Editor: Emilio Pineda, Paul Cashin, Yan Sun. Release Date:April, 2009 This paper uses three methods to assess movements of real exchange rates in the ECCU over time. First, the purchasing power parity hypothesis is tested and then used to provide a benchmark for more...
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 | Price Dynamics in the Eastern Caribbean Author/Editor: Rupa Duttagupta, Yan Sun. Release Date:April, 2008 The Eastern Caribbean Currency Union (ECCU) countries share a common currency, the EC dollar, which has been pegged to the U.S. dollar at the same rate for more than three decades. This paper more...
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 | External Debt Sustainability in HIPC Completion Point Countries Author/Editor: Yan Sun. Release Date:September, 2004 This paper examines a number of structural factors affecting the external debt sustainability of HIPC completion point countries. It shows that (i) while comparing favorably with other lowincome more...
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 | Do Fixed Exchange Rates Induce More Fiscal Discipline? Author/Editor: Yan Sun. Release Date:April, 2003 Conventional wisdom has held that a fixed exchange rate regime induces more fiscal discipline, but Tornell and Velasco (1995, 1998) argue the opposite. Using a dynamic model with fragmented fiscal more...
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 | Some Evidenceon Exchange Rate Determination in Major Industrial Countries Author/Editor: Yan Sun, R B Johnston. Release Date:August, 1997 This paper examines the role of long-run monetary and cyclical factors in determining exchange rate movements. Results of empirical study using a data set that includes Canada, Germany, Japan, the more...
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