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The Mechanics of a Strong Euro Area : IMF Policy Analysis

Author/Editor: Petya Koeva Brooks, Mahmood Pradhan.

Release Date:October, 2015

Among member states, many structural weaknesses were exposed when economic performance declined significantly and financial markets became more discerning. This book focuses on the analytical more...



Price: $30.00
Reforming Fiscal Governance in the European Union

Author/Editor: Michal Andrle, John C Bluedorn, Luc Eyraud, Tidiane Kinda, Petya Koeva Brooks, Gerd Schwartz, Anke Weber.

Release Date:May, 2015

Successive reforms have brought many positive elements to the European Union’s fiscal framework. But they have also increased its complexity. The current system involves an intricate set of fiscal more...



Price: $10.00
Adjustment in Euro Area Deficit Countries : Progress, Challenges, and Policies

Author/Editor: Thierry Tressel, Shengzu Wang, Joong S Kang, Jay C Shambaugh, Jörg Decressin, Petya Koeva Brooks.

Release Date:July, 2014

Imbalances within the euro area have been a defining feature of the crisis. This paper provides a critical analysis of the ongoing rebalancing of euro area “deficit economies” (Greece, Ireland, more...



Price: $10.00
Toward A Fiscal Union for the Euro Area

Author/Editor: Céline Allard, Petya Koeva Brooks, John C Bluedorn, Fabian Bornhorst, Franziska L Ohnsorge, Katharine M Christopherson Puh.

Release Date:September, 2013

This is on a highly topical issue and addresses a key policy issue for Europe—namely, reinforcing EMU institutional architecture along with the Banking Union. Some proposals have emerged more...



Price: $10.00
A Banking Union for the Euro Area

Author/Editor: Rishi Goyal, Petya Koeva Brooks, Mahmood Pradhan, Thierry Tressel, Giovanni Dell'Ariccia, Ceyla Pazarbasioglu.

Release Date:February, 2013

The SDN elaborates the case for, and the design of, a banking union for the euro area. It discusses the benefits and costs of a banking union, presents a steady state view of the banking union, more...



Price: $10.00
Corporate Governance Reforms in the EU : Do They Matter and How?

Author/Editor: Iryna V Ivaschenko, Petya Koeva Brooks.

Release Date:April, 2008

This paper proposes a new approach to quantifying the effects of corporate governance reforms, by focusing on the dynamics of the voting premiums, a measure of the private benefits of control in a more...



Price: $18.00
Does the Bank Lending Channel of Monetary Transmission Work in Turkey?

Author/Editor: Petya Koeva Brooks.

Release Date:December, 2007

Does the bank lending channel of monetary transmission work in Turkey? Using the May- June 2006 financial turbulence as an exogenous shock that prompted a significant tightening of monetary policy, more...



Price: $18.00
The Performance of Indian Banks During Financial Liberalization

Author/Editor: Petya Koeva Brooks.

Release Date:July, 2003

This paper provides new empirical evidence on the impact of financial liberalization on the performance of Indian commercial banks. The analysis focuses on examining the behavior and determinants of more...



Price: $15.00
Time-To-Build and Convex Adjustment Costs

Author/Editor: Petya Koeva Brooks.

Release Date:January, 2001

This paper incorporates time-to-build into the standard investment model with convex adjustment costs. The empirical Euler equation is estimated using a U.S. firm-level panel from Compustat. In spite more...



Price: $15.00
The Facts About Time : To-Build

Author/Editor: Petya Koeva Brooks.

Release Date:August, 2000

This paper presents new empirical evidence about the process of plant investment. Using newspaper and trade journal articles, the author collects and analyzes time-to-build data for a sample of more...



Price: $15.00