 | A Global Projection Model for Euro Area Large Economies Author/Editor: Zoltan Jakab, Pavel Lukyantsau, Shengzu Wang. Release Date:March, 2015 The GPM project is designed to improve the toolkit for studying both own-country and cross-country linkages. This paper creates a special version of GPM that includes the four largest Euro Area (EA) more...
| Price: $18.00
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| Rebalancing in the Euro Area and Cyclicality of Current Account Adjustments Author/Editor: Thierry Tressel, Shengzu Wang. Release Date:July, 2014 The paper examines progress with the external rebalancing of euro area deficit countries. Relative prices are adjusting at different pace across countries and with different compositions of wage cuts more...
| Price: $18.00
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 | 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
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 | Financial Deepening and International Monetary Stability Author/Editor: Shengzu Wang, Chris Marsh, Rishi Goyal, Narayanan Raman, Swarnali Ahmed Hannan. Release Date:October, 2011 Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are more...
| Price: $10.00
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 | Internationalization of Emerging Market Currencies--A Balance Between Risks and Rewards Author/Editor: Faisal Ahmed, Shengzu Wang, Isabelle Mateos y Lago, Samar Maziad, Stephanie Segal, Pascal Farahmand, Udaibir S Das. Release Date:October, 2011 As large emerging market economies take on an increasing role in the global economy, it is useful to explore the possibility of their currencies attaining “international” status. The benefits of more...
| Price: $20.00
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| Monetary Policy Transmission Mechanisms in Pacific Island Countries Author/Editor: Jonathan C. Dunn, Matt Davies, Yongzheng Yang, Yiqun Wu, Shengzu Wang. Release Date:April, 2011 During the global financial crisis, central banks in Pacific island countries eased monetary policy to stimulate economic activity. Judging by the ensuing movements in commercial bank interest rates more...
| Price: $18.00
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| What Drives House Prices in Australia? A+L4584 Cross-Country Approach Author/Editor: Shengzu Wang, Patrizia Tumbarello. Release Date:December, 2010 This paper analyzes the factors driving house prices in Australia from a cross-country perspective using several approaches. It uses a cointegration technique to estimate the long-run equilibrium more...
| Price: $18.00
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