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1.
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Traditional models of exchange rate regimes ignore the destabilizing effects of sharp and unanticipated exchange rate movements. Recent research, however, has shown that [...]
2002 | Text | Staff Working Paper - Document de travail du personnel |
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2.
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This paper discusses the merits and shortcomings of alternative price indices used in constructing real effective exchange rate indices and examines the effects of differ[...]
1998 | Text | Staff Working Paper - Document de travail du personnel |
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3.
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A small-open-economy model is developed to examine how the method of food aid disbursement affects labor employment, food security and aggregate welfare, in recipient cou[...]
1998 | Text | Staff Working Paper - Document de travail du personnel |
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4.
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This paper examines the determinants of currency crises in Latin America, Asia and Africa. It asks two basic questions: (a) Are currency crises linked to economic fundame[...]
1998 | Text | Staff Working Paper - Document de travail du personnel |
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5.
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Empirical evidence suggests that the unemployment rate and the export/GNP ratio are positively correlated with external debt across developing countries. This paper devel[...]
1998 | Text | Staff Working Paper - Document de travail du personnel |
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6.
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This paper examines the impact of a collapsing exchange rate regime on output in an open economy in which shocks to capital flows and exports predominate. A sticky-price [...]
1999 | Text | Staff Working Paper - Document de travail du personnel |
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