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	Zambia: Staff Report for the 2012 Article IV Consultation Release Date: July, 2012 Price: $18.00
	Optimal Liquidity and Economic Stability Author/Editor: Linghui Han, Il Houng Lee. Release Date: May, 2012 Price: $18.00 Monetary aggregates are now much less used as policy instruments as identifying the right measure has become difficult and interest rate transmission has worked well in an increasingly complex more...
	Sovereign Risk, Fiscal Policy, and Macroeconomic Stability Author/Editor: Giancarlo Corsetti, Keith Kuester, André Meier, Gernot J. Mueller. Release Date: January, 2012 Price: $18.00 This paper analyzes the impact of strained government finances on macroeconomic stability and the transmission of fiscal policy. Using a variant of the model by Curdia and Woodford (2009), we study a more...
	Republic of Moldova: Poverty Reduction Strategy Paper-Progress Report Release Date: April, 2011 Price: $18.00
	Growth in Africa Under Peace and Market Reforms Author/Editor: Olessia Korbut, Gonzalo Salinas, Cheikh A. Gueye. Release Date: February, 2011 Price: $18.00 Economic stagnation in Sub-Saharan Africa (SSA) has led several economists to question the region’s ability to attain sustained economic growth, some of them arguing for the need to shift away more...
	Dedollarization Author/Editor: Romain Veyrune, Annamaria Kokenyne, Jeremy Ley. Release Date: August, 2010 Price: $18.00 This paper provides a summary of the key policies that encourage dedollarization. It focuses on cases in which the authorities’ intention is to gain greater control of monetary policy and more...
	Fiscal Policy and Macroeconomic Stability:Automatic Stabilizers Work, Always and Everywhere Author/Editor: Xavier Debrun, Radhicka Kapoor. Release Date: May, 2010 Price: $18.00 The paper revisits the link between fiscal policy and macroeconomic stability. Two salient features of our analysis are (1) a systematic test for the government’s ambivalent role as a shock more...
	FX Swaps: Implications for Financial and Economic Stability Author/Editor: Li L. Ong, Bergljot Barkbu. Release Date: March, 2010 Price: $18.00 The proliferation of foreign exchange (FX) swaps as a source of funding and as a hedging tool has focused attention on the role of the FX swap market in the recent crisis. The turbulence in more...
	Rethinking Macroeconomic Policy Author/Editor: Giovanni Dell'Ariccia, Olivier J Blanchard, Paolo Mauro. Release Date: February, 2010 Price: $0.00 The great moderation lulled macroeconomists and policymakers alike in the belief that we knew how to conduct macroeconomic policy. The crisis clearly forces us to question that assessment. In this more...
	Dissecting Taylor Rules in a Structural VAR Author/Editor: Woon Gyu Choi, Yi Wen. Release Date: January, 2010 Price: $18.00 This paper uncovers Taylor rules from estimated monetary policy reactions using a structural VAR on U.S. data from 1959 to 2009. These Taylor rules reveal the dynamic nature of policy responses to more...
	The Role of the Exchange Rate in Inflation-Targeting Emerging Economies Author/Editor: Turgut Kisinbay, Seiichi Shimizu, Anna Nordstrom, Jorge Restrepo, Scott Roger, Mark R. Stone. Release Date: November, 2009 Price: $33.00 This paper explores the role of exchange rates in emerging economies with inflation-targeting regimes, an issue that has become especially germane during the current episode of financial turmoil and more...
	Monetary Policy and the Lost Decade: Lessons from Japan Author/Editor: Daniel Leigh. Release Date: October, 2009 Price: $18.00 This paper investigates how monetary policy can help ward off a protracted deflationary slump when policy rates are near the zero bound by studying the experience of Japan during the Lost Decade more...
	Simple, Implementable Fiscal Policy Rules Author/Editor: Michael Kumhof, Douglas Laxton. Release Date: April, 2009 Price: $18.00 This paper analyzes the scope for systematic rules-based fiscal activism in open economies. Relative to a balanced budget rule, automatic stabilizers significantly improve welfare. But they minimize more...
	Fiscal and Monetary Policy During Downturns: Evidence from the G7 Author/Editor: Daniel Leigh, Sven Jari Stehn. Release Date: March, 2009 Price: $18.00 This paper analyzes how fiscal and monetary policy typically respond during downturns in G7 countries. It evaluates whether discretionary fiscal responses to downturns are timely and temporary, and more...
	Kenya: Third Review Under the Poverty Reduction and Growth Facility Arrangement and Request for Waivers of Nonobservance of Performance Criteria - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Kenya Release Date: January, 2009 Price: $18.00
	Republic of Madagascar: Poverty Reduction Strategy Paper - Annual Progress Report - Joint Staff Advisory Note Release Date: January, 2009 Price: $18.00
	The Role for Counter-Cyclical Fiscal Policy in Singapore Author/Editor: Leif Lybecker Eskesen. Release Date: January, 2009 Price: $18.00 Singapore's policymakers have often used fiscal policy as a counter-cyclical tool. Empirical results based on a structural autoregression framework suggest that fiscal policy can be used for demand more...
	Guinea: First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Request for Waiver of Nonobservance of Performance Criteria, Modification of Performance Criteria, Augmentation of Access, and Financing Assurances Review - Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Guinea Release Date: August, 2008 Price: $18.00
	Nepal: 2008 Article IV Consultation - Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Nepal Release Date: June, 2008 Price: $18.00
	Republic of Congo: Staff-Monitored Program Release Date: June, 2008 Price: $18.00

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