Volume/Issue: 2014/130
Series: IMF Working Papers
Author(s):
Thierry Tressel
, and
Shengzu Wang
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
July
2014
DOI: http://dx.doi.org/10.5089/9781498334426.001
ISBN: 9781498334426
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 and labor shed...
Volume/Issue: 2013/217
Series: IMF Working Papers
Author(s):
Alexander Klemm
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
23
October
2013
DOI: http://dx.doi.org/10.5089/9781484321898.001
ISBN: 9781484321898
Current account deficits imply increasing liabilities to the rest of the world. External sustainability then depends on whether these can be met in the future without defaulting, i.e., normally through trade accoun...
Volume/Issue: 2013/169
Series: IMF Working Papers
Author(s):
Joong Kang
, and
Jay Shambaugh
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
17
July
2013
DOI: http://dx.doi.org/10.5089/9781475594270.001
ISBN: 9781475594270
Explanations of the large current account deficits for the euro area periphery and the Baltics in the run up to the crisis revolve around two main factors: deteriorating export performance or demand driven booms. W...
Volume/Issue: 2013/74
Series: IMF Working Papers
Author(s):
Ruben Atoyan
,
Jonathan Manning
, and
Jesmin Rahman
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
March
2013
DOI: http://dx.doi.org/10.5089/9781484384046.001
ISBN: 9781484384046
After the 2003-2007 economic boom, European countries with large pre-crisis current account imbalances are undergoing adjustments. Countries are adjusting at different paces and ways reflecting the source and magni...
Volume/Issue: 2011/192
Series: IMF Working Papers
Author(s):
Elif Arbatli
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
August
2011
DOI: http://dx.doi.org/10.5089/9781462306251.001
ISBN: 9781462306251
This paper investigates the determinants of FDI inflows to emerging market economies, concentrating on the effects of economic policies. The empirical analysis also addresses the role of external push factors and o...
Volume/Issue: 2005/193
Series: IMF Working Papers
Author(s):
Etienne Yehoue
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
October
2005
DOI: http://dx.doi.org/10.5089/9781451862126.001
ISBN: 9781451862126
This paper develops a model that highlights the importance of clusters for attracting foreign direct investment. It shows from a game theoretical perspective how the combination of setting up a cluster and implemen...
Volume/Issue: 2000/173
Series: IMF Working Papers
Author(s):
Reint Gropp
, and
Kristina Kostial
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
October
2000
DOI: http://dx.doi.org/10.5089/9781451858624.001
ISBN: 9781451858624
This paper analyzes the link between FDI, corporate taxation, and corporate tax revenues. We find strong evidence that FDI in (out) flows are affected by tax regimes in the host (home) countries and FDI flows in tu...
Volume/Issue: 1994/21
Series: IMF Working Papers
Author(s):
Ceyla Pazarbasioglu
, and
Inci Ötker
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
February
1994
DOI: http://dx.doi.org/10.5089/9781451921571.001
ISBN: 9781451921571
This paper estimates a speculative attack model of currency crises in an attempt to identify the roles of macroeconomic fundamentals and speculative market pressures in the recent crisis, as well as earlier devalua...