 | 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
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| The Monetary Transmission Mechanism in Egypt Author/Editor: Rania A Al-Mashat, Andreas Billmeier. Release Date:December, 2007 This paper examines the monetary transmission mechanism in Egypt against the background of the central bank's intention to shift to inflation targeting. It first describes the changing transmission more...
| Price: $18.00
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| Inflation Targeting in Georgia : Are We There Yet? Author/Editor: Giorgi Bakradze, Andreas Billmeier. Release Date:August, 2007 This paper evaluates whether Georgia is ready to adopt inflation targeting (IT), a monetary policy framework that several emerging markets have adopted recently. After reviewing selected more...
| Price: $18.00
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| Trade Openness and Growth : Pursuing Empirical Glasnost Author/Editor: Andreas Billmeier, Tommaso Nannicini. Release Date:July, 2007 Studies of the impact of trade openness on growth are based either on cross-country analysis-which lacks transparency-or case studies-which lack statistical rigor. We apply transparent econometric more...
| Price: $18.00
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| What Drives Stock Market Development in the Middle East and Central Asia—Institutions, Remittances, or Natural Resources? Author/Editor: Andreas Billmeier, Isabella Massa. Release Date:July, 2007 In this paper, we assess the macroeconomic determinants of stock market capitalization in a panel of 17 countries in the Middle East and Central Asia, including both hydrocarbon-rich countries and more...
| Price: $18.00
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| Go Long or Short in Pyramids? News from the Egyptian Stock Market Author/Editor: Isabella Massa, Andreas Billmeier. Release Date:July, 2007 Similar to other emerging economies, the Egyptian stock market has recently experienced a remarkable run-up but also a major downturn. This paper analyzes the stock market from two angles. First, it more...
| Price: $18.00
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| Analyzing Balance Sheet Vulnerabilities in a Dollarized Economy : The Case of Georgia Author/Editor: Andreas Billmeier, Johan Mathisen. Release Date:July, 2006 Balance-sheet analysis (BSA) complements traditional flow-oriented macroeconomic analysis by gauging mismatches in aggregate and sectoral balance sheets of an economy. Enabled by recent progress in more...
| Price: $15.00
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| In the Pipeline : Georgia's Oil and Gas Transit Revenues Author/Editor: Jonathan C Dunn, Andreas Billmeier, Bert van Selm. Release Date:November, 2004 Starting in 2005, nontax revenue in Georgia is expected to rise significantly, in the form of transit fees for oil transported through the Baku-Tbilisi-Ceyhan Oil Pipeline. Transit fees for gas more...
| Price: $15.00
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| Ghostbusting : Which Output Gap Measure Really Matters? Author/Editor: Andreas Billmeier. Release Date:August, 2004 This paper investigates various output gap measures in a simple inflation forecasting framework. Reflecting the cyclical position of an economy, an (unobservable) output gap has important more...
| Price: $15.00
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| Measuring a Roller Coaster : Evidenceon the Finnish Output Gap Author/Editor: Andreas Billmeier. Release Date:April, 2004 The output gap-which measures the deviation of actual output from its potential-is frequently used as an indicator of slack in an economy. This paper estimates the Finnish output gap using various more...
| Price: $15.00
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