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In Which Exchange Rate Models Do Forecasters Trust?

Author/Editor: Jaewoo Lee, H. Takizawa, David Hauner.

Release Date:May, 2011

Using survey data of market expectations, we ask which popular exchange rate models appear to be consistent with expectation formation of market forecasters. Exchange rate expectations are found to more...



Price: $18.00
Determinants of Government Efficiency

Author/Editor: David Hauner, Annette Kyobe.

Release Date:September, 2008

We compile the first large cross-country panel dataset of public sector performance and efficiency, encompassing 114 countries on all income levels from 1980 to 2006, with about 1,800 country-year more...



Price: $18.00
Macroeconomic Effects of Pension Reform in Russia

Author/Editor: David Hauner.

Release Date:August, 2008

Putting the pension system on a sustainable footing arguably remains the biggest challenge in Russia's economic policies. The debate about the policy options was hitherto constrained by the absence more...



Price: $18.00
Budget Deficits and Interest Rates : A Fresh Perspective

Author/Editor: Ari Aisen, David Hauner.

Release Date:February, 2008

We extend the literature on budget deficits and interest rates in three ways: we examine both advanced and emerging economies and for the first time a large emerging market panel; explore more...



Price: $18.00
Benchmarking the Efficiency of Public Expenditure in the Russian Federation

Author/Editor: David Hauner.

Release Date:October, 2007

This paper benchmarks the efficiency of public expenditure in the social sectors in the Russian Federation relative to other countries and among the country's regions. It finds that there is more...



Price: $18.00
Ensuring Fiscal Sustainability in G-7 Countries

Author/Editor: Daniel Leigh, David Hauner, Michael Skaarup.

Release Date:July, 2007

Rising longevity, falling fertility rates, and the retirement of the baby boom generation will substantially raise age-related government spending in most advanced and many emerging market countries. more...



Price: $18.00
Policy Credibility and Sovereign Credit : The Case of New EU Member States

Author/Editor: Manmohan S Kumar, Jirí Jonáš, David Hauner.

Release Date:January, 2007

References to policy credibility, particularly with regard to fiscal policy, are ubiquitous in both economic literature and financial markets, even though it is not directly observable. The case of more...



Price: $18.00
Fiscal Policy and Interest Rates : How Sustainable Is The "New Economy"?

Author/Editor: Manmohan S Kumar, David Hauner.

Release Date:May, 2006

This paper explores the determinants of long-term government bond yields in the Group of Seven (G-7) economies and analyzes the factors that could explain the conundrum of very low rates in the face more...



Price: $15.00
Fiscal Policy and Financial Development

Author/Editor: David Hauner.

Release Date:January, 2006

We examine the effects of public sector borrowing from the domestic banking system on financial development in middle-income countries. While these countries' external debt has been falling, the more...



Price: $15.00
Bank Efficiency and Competition in Low-Income Countries : The Case of Uganda

Author/Editor: David Hauner, Shanaka J Peiris.

Release Date:December, 2005

There is a concern that the state-dominated, inefficient, and fragile banking systems in many low-income countries, especially in sub-Saharan Africa, are a major hindrance to economic growth. This more...



Price: $15.00
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