Search Results

(refine search)

SORT BY: PREVIOUS / NEXT

All:
Title:
Author:
Abstract:
Keywords:

+ Add Search Parameter

Working Paper
Fixed or floating: is it still possible to manage in the middle?
Glick, Reuven (2000)
Pacific Basin Working Paper Series , Paper 2000-02

Working Paper
Exchange rate policy and insulation from external shocks: the experiences of Taiwan and Korea, 1970-1990
Moreno, Ramon (1993)
Pacific Basin Working Paper Series , Paper 93-05

Working Paper
Crisis, contagion, and country funds: effects on East Asia and Latin America
Schmukler, Sergio L.; Frankel, Jeffrey A. (1996)
Spillovers effects, from one country or region to other countries and regions, have attracted renewed attention in the aftermath of the Mexican crisis of December 1994. This paper uses data on closed-end country funds to study how a negative shock in Mexican equities is transmitted to Asia and Latin America, and to particular countries within each region. Country funds allow us to study the transmission to other fund net asset values (NAVs) and prices, which are traded in local stock markets in New York, respectively. The evidence indicates that shocks such as the Mexican crisis produce ...
Pacific Basin Working Paper Series , Paper 96-04

Working Paper
Oil, productivity, government spending and the real yen-dollar exchange rate
Rogoff, Kenneth S. (1991)
Pacific Basin Working Paper Series , Paper 91-06

Working Paper
Switching from import substitution to export promotion: a simple political economy model
Wei, Shang-Jin (1994)
Pacific Basin Working Paper Series , Paper 94-06

Working Paper
Monetary policy in a changing financial environment: searching for an efficient monetary policy framework in Korea
Kim, Chiho (1997)
This paper reviews how the changing financial environment in Korea has affected the conduct of monetary policy and examines the extent to which the Bank of Korea now uses the short-term interest rate rather than money aggregates as an operating target. Empirical results from estimation of monetary reaction functions suggest that the Bank of Korea has been following an interest rate target recently, even though it has not explicitly admitted to doing so. The paper also discusses how the conduct of monetary policy can be further enhanced by reforming the call money market and developing the ...
Pacific Basin Working Paper Series , Paper 97-05

Working Paper
Macroeconomic control in liberalizing Socialist economies: Asian and European parallels
McKinnon, Ronald I. (1992)
Pacific Basin Working Paper Series , Paper 92-05

Working Paper
The political economy of foreign bank entry and its impact: theory and a case study
Montinola, Gabriella; Moreno, Ramon (2001)
We apply Becker's (1983) model of lobbying to show that liberalization of foreign bank entry may result from political changes and a fall in domestic bank efficiency caused by lack of competition, which raises the costs to domestic banks of restricting foreign bank entry. We also show that in equilibrium, reform may be too limited to improve efficiency. We use this model and Data Envelopment Analysis techniques to interpret the liberalization of foreign bank entry in the Philippines in 1994. Declines in banking efficiency reduced resistance to foreign bank entry, but the effects of ...
Pacific Basin Working Paper Series , Paper 2001-11

Working Paper
Crisis resolution: next steps
Kletzer, Kenneth M.; Eichengreen, Barry; Mody, Ashoka (2003)
At the April 2003 meeting of the International Monetary and Financial Committees, it was decided to further encourage the contractual approach to smoothing the process of sovereign debt restructuring by encouraging the more widespread use of collective action clauses (CACs) in international bonds. This decision was shaped partly by Mexico's successful launch of a bond subject to New York law but featuring CACs, and by subsequent issues with similar provisions from other emerging market countries. This paper reviews the developments leading up to that event, its implications, and prospects ...
Pacific Basin Working Paper Series , Paper 03-05

Working Paper
Capital mobility with transaction costs: a concept and applications
Niehans, Jurg (1991)
Pacific Basin Working Paper Series , Paper 91-03

PREVIOUS / NEXT

Fed in Print

Search Results

FILTER BY year

FILTER BY Bank

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

FILTER BY Keywords