IMF Staff Papers, Volume 51, No. 2International Monetary Fund, 29 iul. 2004 - 224 pagini This second issue for 2004 contains 8 new papers, including notable contributions from: Nancy Brune, Geoffrey Garrett, and Bruce Kogut on the global spread of privatization; and Mark P. Taylor and Elena T. Branson on asymmetric arbitrage and default premiums in the U.S. and Russian markets. Other papers in the issue look at German wage structures, contagion in equity markets, export orientation and productivity in Sub-Saharan Africa, the role of higher vs. basic education in economic development, and issues related to capital account liberalization. |
Termeni și expresii frecvente
Africa arbitrage AREAER assets asymptotically dependent average bear market bear market contagion bull market bull market contagion capital account liberalization capital account openness capital controls capital flows changes coefficient coefficient of determination column contagion measures correlation costs country-pairs Covered Interest Arbitrage currency default developing countries deviations from CIP direct exporters disaggregated distribution economic growth effect of capital empirical equation equity estimated export status extreme contagion extreme value theory firms foreign German Socio-Economic Panel Germany Ghana global GSOEP human capital IMF dummy income increase interest rate International Monetary Fund Journal Kenya labor Latin America learning-by-exporting likelihood marginal medium-high Milesi-Ferretti panel paper percentile productivity premium Quinn regressions relative restrictions returns ruble schooling sector selection effects Share skill state-owned statistically stock market liberalization studies Table tion transactions U.S. dollar unskilled variables wage inequality wage structure West Germany workers World Bank zero