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Systemic Liquidity Management in the U.A.E. : Issues and Options

Author/Editor: Alexandre Chailloux, Dalia Hakura.

Release Date:December, 2009

The paper analyzes the U.A.E.'s liquidity management framework in the context of the 2008 global financial crisis and the measures taken by the Central Bank of the U.A.E. to ease liquidity pressures more...



Price: $18.00
Remittances : An Automatic Output Stabilizer?

Author/Editor: Dalia Hakura, Ralph Chami, Peter Montiel.

Release Date:April, 2009

Remittance flows appear to be falling worldwide for the first time in decades as a result of the ongoing financial turmoil. It is suspected that the drop in remittance income into developing and more...



Price: $18.00
Trade Elasticities in the Middle East and Central Asia : What is the Role of Oil?

Author/Editor: Andreas Billmeier, Dalia Hakura.

Release Date:September, 2008

The analysis in this paper suggests that import and export volume elasticities are markedly lower in oil-exporting Middle East and Central Asian countries than in non-oil countries in the region. A more...



Price: $18.00
Output Volatility and Large Output Drops in Emerging Market and Developing Countries

Author/Editor: Dalia Hakura.

Release Date:May, 2007

This paper establishes that output volatility and the size of output drops have declined across all countries over the past three decades, but remain considerably higher in developing countries than more...



Price: $18.00
Are Emerging Market Countries Learning to Float?

Author/Editor: Dalia Hakura.

Release Date:May, 2005

The paper finds that exchange rate flexibility in emerging market countries has increased over the past decade. This learning to float appears to have involved a strengthening of monetary and more...



Price: $15.00
Growth in the Middle East and North Africa

Author/Editor: Dalia Hakura.

Release Date:April, 2004

This paper analyzes the weak growth performance in the Middle East and North Africa (MENA) region during 1980-2000 using an empirical model of long-run growth. The relative importance of the factors more...



Price: $15.00
The Millennium Development Goals, Capacity Building, and the Role of the IMF

Author/Editor: Dalia Hakura, Saleh M Nsouli.

Release Date:June, 2003

The Millennium Development Goals (MDGs) represent a global commitment to improve economic and social conditions in low-income countries. Capacity building is key to promoting higher economic growth, more...



Price: $15.00
Explaining the Exchange Rate Pass-Through in Different Prices

Author/Editor: Hamid Faruqee, Dalia Hakura, Ehsan U Choudhri.

Release Date:December, 2002

This paper examines the performance of different new open economy macroeconomic models in explaining the exchange rate pass-through in a wide range of prices. Quantitative versions of different more...



Price: $15.00
Exchange Rate Pass-Through to Domestic Prices : Does the Inflationary Environment Matter?

Author/Editor: Dalia Hakura, Ehsan U Choudhri.

Release Date:December, 2001

The paper tests a hypothesis suggested by Taylor (2000) that a low inflationary environment leads to a low exchange rate pass-through to domestic prices. To test this hypothesis, the paper derives a more...



Price: $15.00
International Trade in Manufactured Products : A Ricardo-Heckscher-Ohlin Explanation with Monopolistic Competition

Author/Editor: Ehsan U Choudhri, Dalia Hakura.

Release Date:March, 2001

A large data set on trade in manufactured products is used to evaluate the performance of a model that combines both the Ricardian and Heckscher-Ohlin effects and incorporates monopolistic more...



Price: $15.00
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