 | Who Needs Bands? Exchange Rate Policy Before Emu Author/Editor: Tamim Bayoumi. Release Date:April, 1995 Two issues are discussed. The first is which countries might benefit from entry into EMU before the millennium. Germany and her immediate neighbors appear the most likely to gain; however, our more...
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 | Improving the International Monetary System : Constraints and Possibilities Author/Editor: Morris Goldstein, Donald J Mathieson, Tamim Bayoumi, Michael Mussa, Peter B Clark. Release Date:January, 1995 This study addresses major policy issues associated with the future of the international monetary system. It focuses on whether there is a need for fundamental reform of this system, defined as more...
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| Consumption, Income, and International Capital Market Integration Author/Editor: Ronald MacDonald, Tamim Bayoumi. Release Date:October, 1994 The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and more...
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| Exchange Rates and Economic Fundamentals : A Framework for Analysis Author/Editor: Steven A Symansky, Peter B Clark, Leonardo Bartolini, Tamim Bayoumi. Release Date:September, 1994 This paper summarizes the methods and types of indicators that are often employed, both insid and outside the IMF, to assess whether exchange rates are broadly in line with economic fundamentals. more...
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| Aging Population and Canadian Public Pension Plans Author/Editor: Tamim Bayoumi. Release Date:August, 1994 Canadian public pension plans are run on a "pay-as-you-go" basis. As the baby boom ages, contribution rates for the two main plans are projected to rise significantly, from more...
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| Restraining Yourself : Fiscal Rules and Stabilization Author/Editor: Barry J Eichengreen, Tamim Bayoumi. Release Date:July, 1994 State budgets in the United States played a significant macroeconomic role in the 1970s and 1980s, and the level of cyclical responsiveness was affected by the severity of statutory and more...
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| Relative Prices and Economic Adjustment in the U.S. and the EU : A Real Story About European Monetary Union Author/Editor: Alun H Thomas, Tamim Bayoumi. Release Date:June, 1994 Structural vector autoregressions are used to analyze the relationship between real output and relative prices within the EU and the United States, Relative price variability appears to be more more...
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| Robustness of Equilibrium Exchange Rate Calculations to Alternative Assumptions and Methodologies Author/Editor: Peter B Clark, Steven A Symansky, Tamim Bayoumi, Mark P Taylor. Release Date:February, 1994 This paper explores a number of methodological issues that arise in the calculation of equilibrium exchange rates, which are identified in this paper as those real effective exchange rates consistent more...
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| The Impact of Worldwide Military Spending Cutson Developing Countries Author/Editor: Steven A Symansky, Tamim Bayoumi, Daniel P Hewitt. Release Date:November, 1993 This paper investigates the economic impact of a coordinated reduction in military expenditures of 20 percent using a specially modified version of the MULTIMOD world economic model. Simulation more...
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| Economic Consequences of Lower Military Spending : Some Simulation Results Author/Editor: Jerald Alan Schiff, Tamim Bayoumi, Daniel P Hewitt. Release Date:March, 1993 The IMF MULTIMOD model is used to trace the economic impact of a 20 percent reduction in world military expenditures. GDP falls in the short run, however private consumption and investment rise, more...
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