 | Much Ado About Nothing? Estimating the Impact of a U.S. Slowdown on Thai Growth Author/Editor: Shekhar Aiyar, Ivan Tchakarov. Release Date:May, 2008 External demand was the main driver of growth in Thailand in 2006 and 2007. However, WEO projections indicate moderating foreign demand in 2008, with U.S. growth being revised downwards to reflect more...
| Price: $18.00
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| Assessing the Impact of a Change in the Composition of Public Spending: A DSGE Approach Author/Editor: Ivan Tchakarov, Roland Straub. Release Date:July, 2007 Despite intense calls for safeguarding public investment in Europe, public investment expenditure, when measured in relation to GDP, has steadily fallen in the last three decades, evoking fears that more...
| Price: $18.00
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| The Role of Interest Rates in Business Cycle Fluctuations in Emerging Market Countries: The Case of Thailand Author/Editor: Ivan Tchakarov, Selim Elekdag. Release Date:May, 2006 Emerging market countries have enjoyed an exceptionally favorable economic environment throughout 2004, 2005, and early 2006. In particular, accommodative U.S. monetary policy in recent years has more...
| Price: $15.00
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| An Estimated Small Open Economy Model of the Financial Accelerator Author/Editor: Ivan Tchakarov, Selim Elekdag, Alejandro Justiniano. Release Date:March, 2005 This paper develops a small open economy model where entrepreneurs partially finance investment using foreign currency denominated debt subject to a risk premium above and beyond international more...
| Price: $15.00
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 | GEM: A New International Macroeconomic Model Author/Editor: Ivan Tchakarov, Philippe D Karam, Tamim Bayoumi, Hamid Faruqee, Ben Hunt, Douglas Laxton, Jaewoo Lee, Alessandro Rebucci. Release Date:November, 2004 Over the past two years, the IMF staff has been developing a new multicountry macroeconomic model called the Global Economy Model (GEM). This paper explains why such a model is needed, how GEM more...
| Price: $25.00
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| What are the Potential Economic Benefits of Enlarging the Gulf Cooperation Council? Author/Editor: Ivan Tchakarov, Selim Elekdag, Saade Chami. Release Date:August, 2004 This paper uses a variant of the IMF's Global Economy Model (GEM) to estimate the macroeconomic effects of Yemen's full accession into the Gulf Cooperation Council (GCC). After calibrating the model more...
| Price: $15.00
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| Balance Sheets, Exchange Rate Policy, and Welfare Author/Editor: Ivan Tchakarov, Selim Elekdag. Release Date:April, 2004 The debate about the appropriate choice of exchange rate regime is fundamental in international economics. This paper develops a small open-economy model with balance sheet effects and compares the more...
| Price: $15.00
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| The Gains from International Monetary Cooperation Revisited Author/Editor: Ivan Tchakarov. Release Date:January, 2004 This paper examines the issue of whether countries can improve their welfare by coordinating macroeconomic policies. The main purpose is to compute the gains from international monetary cooperation more...
| Price: $15.00
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