Author/Editor: Bas B. Bakker, Leslie Lipschitz.

Release Date:August, 2014

This paper describes the anatomy of two types of balance-sheet macroeconomic crises. Conventional balance-sheet crises are triggered by external imbalances and balance sheet vulnerabilities. They more...

Author/Editor: Leslie Lipschitz, Genevieve Verdier, Celine Rochon.

Release Date:April, 2008

We present a stylized real model of the Chinese economy with the objective of explaining two features: (1) domestic production is highly competitive in the sense that an accumulation of capital that more...

Author/Editor: Boriana Yontcheva, Peter Isard, Leslie Lipschitz, Alex Mourmouras.

Release Date:April, 2006

Relatively slow progress toward meeting the Millennium Development Goals (MDGs) by their 2015 target date has added urgency to the challenge of reducing global poverty. The authors of this new more...

Author/Editor: Timothy D Lane, Leslie Lipschitz, Cristina Arellano, Ales Bulir.

Release Date:June, 2005

The paper examines the effects of aid and its volatility on consumption, investment, and the structure of production in the context of an intertemporal two-sector general equilibrium model. A more...

Author/Editor: Leslie Lipschitz, Alex Mourmouras, Timothy D Lane.

Release Date:January, 2002

This paper discusses the forces driving capital flows in the transition countries of Central and Eastern Europe (CEE). It argues that various influences—specifically, the real exchange more...

Author/Editor: Leslie Lipschitz, Donogh McDonald.

Release Date:March, 1991

This paper examines indicators of competitiveness. It analyzes the conceptual foundations of conventional measures of the real exchange rate and finds that inferences about competitiveness from these more...