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Euro Area Policies: Staff Report for the 2012 Article IV Consultation with Member Countries

Release Date: July, 2012

Price: $18.00

Euro Area Policies: 2012 Article IV Consultation - Selected Issues Paper

Release Date: July, 2012

Price: $18.00

Republic of Poland: Selected Issues

Release Date: July, 2012

Price: $18.00

Paths to Eurobonds

Author/Editor: Stijn Claessens, Ashoka Mody, Shahin Vallée.

Release Date: July, 2012

Price: $18.00

This paper discusses proposals for common euro area sovereign securities. Such instruments can potentially serve two functions: in the short-term, stabilize financial markets and banks and, in the more...



Fostering Growth in Europe Now

Author/Editor: Bergljot Barkbu, Jesmin Rahman, Rodrigo O Valdés.

Release Date: June, 2012

Price: $20.00

Government Bonds and Their Investors: What Are the Facts and Do They Matter?

Author/Editor: Jochen R. Andritzky.

Release Date: June, 2012

Price: $18.00

This paper introduces a new dataset on the composition of the investor base for government securities in the G20 advanced economies and the euro area. During the last decades, investors from abroad more...



Regional Economic Outlook, April 2012: Asia and Pacific - Managing Spillovers and Advancing Economic Rebalancing

Author/Editor: International Monetary Fund. Asia and Pacific Dept.

Release Date: April, 2012

Price: $35.00

Barring the realization of downside risks to the global economy, growth in the Asia and the Pacific region is expected to gain momentum over the course of 2012, according to this report, and now more...



Structural Reforms and Regional Convergence

Author/Editor: Antonio Spilimbergo, Natasha Xingyuan Che.

Release Date: April, 2012

Price: $18.00

Which structural reforms affect the speed the regional convergence within a country? We found that domestic financial development, trade/current account openness, better institutional more...



Determinants of Inflation in the Euro Area: The Role of Labor and Product Market Institutions

Author/Editor: Florence Jaumotte, Hanan Morsy.

Release Date: January, 2012

Price: $18.00

While inflation differentials in a monetary union can be benign, reflecting a catch-up process, or an adjustment mechanism to asymmetric shocks or different business cycles, they may also indicate more...



Growth Spillover Dynamics from Crisis to Recovery

Author/Editor: Éléne Poirson, Sebastian Weber.

Release Date: September, 2011

Price: $18.00

Can positive growth shocks from the faster-growing countries in Europe spill over to the slower growing countries, providing useful tailwinds to their recovery process? This study investigates the more...



Did the Euro Crisis Affect Non-financial Firm Stock Prices through a Financial or Trade Channel?

Author/Editor: Stijn Claessens, Hui Tong, Igor Zuccardi.

Release Date: September, 2011

Price: $18.00

This paper analyzes through what channels the euro crisis has affected firm valuations globally. It examines stock price responses over the past year for 3045 non-financial firms in 16 countries to more...



Euro Area Policies: Spillover Report for the 2011 Article IV Consultation and Selected Issues

Release Date: July, 2011

Price: $18.00

Euro Area Policies: 2011 Article IV Consultation--Lessons from the European Financial Stability Framework Exercise; and Selected Issues Paper

Release Date: July, 2011

Price: $18.00

Euro Area Policies: 2011 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Member Countries

Release Date: July, 2011

Price: $18.00

Euro Area Export Performance and Competitiveness

Author/Editor: Jarkko Turunen, Tamim Bayoumi, Richard T. Harmsen.

Release Date: June, 2011

Price: $18.00

Concerns about export growth within the euro area peripheral countries due to a lack of competitiveness within the euro area are a key policy issue. Our analysis suggests that: (i) Long-term price more...



Recent Developments in European Bank Competition

Author/Editor: Yu Sun.

Release Date: June, 2011

Price: $18.00

This paper investigates the degree of bank competition in the euro area, the U.S. and U.K. before and after the recent financial crisis, and revisits the issue whether the introduction of EMU and the more...



Real Unit Labor Costs Differentials in EMU: How Big, How Benign and How Reversible?

Author/Editor: Igor Lebrun, Esther Perez Ruiz.

Release Date: May, 2011

Price: $18.00

Real unit labor costs (RULC) growth differentials between euro area members have persisted since EMU began and even widened out in the run-up to the crisis. This paper focuses on the causes more...



Financial Conditions Indexes for the United States and Euro Area

Author/Editor: Troy Matheson.

Release Date: April, 2011

Price: $18.00

Financial conditions indexes are developed for the United States and euro area using a wide range of financial indicators and a dynamic factor model. The financial conditions indexes are shown to be more...



Government Debt Issuance in the Euro Area:The Impact of the Financial Crisis

Author/Editor: Mark de Broeck, Anastasia Guscina.

Release Date: January, 2011

Price: $18.00

This paper documents and analyzes crisis-related changes in government debt issuance practices in the 16 euro zone countries and Denmark. Using a newly constructed database on primary market debt more...



European Financial Linkages: A New Look at Imbalances

Author/Editor: Claire Waysand, John C De Guzman, Kevin Ross.

Release Date: December, 2010

Price: $18.00

We document external investment positions among European Union countries at the start of the financial crisis through the creation of a new database comprising bilateral external financial asset and more...