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In Search Of Wto Trade Effects:preferential Trade Agreements Promote Trade Strongly, But Unevenly - , Christian Henn

The volume of credit extended by a bank can be an informative signal of its abilities in loan selection and management. It is shown that, under asymmetric in......

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Are Capital Controls Effective In The 21st Century? The Recent Experience Of Colombia - , Benedict J. Clements

We develop a methodology to study how the subprime crisis spills over to the real economy. Does it manifest itself primarily through reducing consumer demand......

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The Cost Of Aggressive Sovereign Debt Policies: How Much Is Theprivate Sector Affected? - Christoph Trebesch

We examine the effect that revenue windfalls from international commodity price shocks have on sovereign bond spreads using panel data for 30 emerging market......

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Current Account Determinants For Oil-exporting Countries - Hanan Morsy

This paper explores the impact of high public debt on long-run economic growth. The analysis, based on a panel of advanced and emerging economies over almost......

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An Investigation Of Some Macro-financial Linkages Of Securitization - , Andreas Jobst

The paper uses a unique database covering 44 countries in sub-Saharan Africa (SSA) countries between 2000 and 2007 to study the determinants of the allocatio......

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Why Isn't South Africa Growing Faster? A Comparative Approach - Luc Eyraud

This paper presents a new database of systemic banking crises for the period 1970-2009. While there are many commonalities between recent and past crises, bo......

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Can Markets Compute Equilibria? - Hunter K., Monroe

While anecdotal evidence suggests that interest groups play a key role in shaping immigration policy, there is no systematic empirical analysis of this issue......

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Regional Financial Spillovers Across Europe:a Global Var Analysis - , Alessandro Galesi

Policy-makers have attributed the scale of the credit crisis and its profound impact on money markets (as well as financial sector stability) to the fast ris......

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Monetary And Fiscal Rules In An Emerging Small Open Economy - , Paul Levine

Economic Transition and Health Care Reform: The Experience of Europe and Central Asia Author: Batini, Nicoletta Author: Levine, Paul Author: Pearlman, Josep......

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{"c":"","i":"9","n":"0"}

Causes, Benefits, And Risks Of Business Tax Incentives - Alexander Klemm

The May 2010 Regional Economic Outlook: Middle East and Central Asia reports on the implications for the region of global economic developments and presents ......

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Capital Inflows And The Real Exchange Rate: Can Financial Development Cure The Dutch Disease? - Christian Saborowski

This paper provides an updated overview of tax incentives for business investment. It begins by noting that tax competition is likely to be a major force dri......

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An Index Number Formula Problem: The Aggregation Of Broadly Comparable Items - Mick Silver

A treasury single account (TSA) is an essential tool for consolidating and managing governments' cash resources, thus minimizing borrowing costs. In countrie......

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On Impatience And Policy Effectiveness - , Tamim Bayoumi

The benefits from financial development are known to vary across industries. However, no systematic effort has been made to determine the technological chara......

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Does Global Liquidity Matter For Monetary Policy In The Euro Area? - , Thomas Harjes

Bank profits are high in Sub-Saharan Africa (SSA) compared to other regions. This paper uses a sample of 389 banks in 41 SSA countries to study the determina......

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The Determinants Of Commercial Bank Profitability In Sub-saharan Africa - , Calvin A. Mcdonald

This paper studies the spending and absorption of aid in PRGF-supported programs, verifies whether the use aid is programmed to be smoothed over time, and an......

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Bank Efficiency In Sub-saharan African Middle Income Countries - Chuling Chen

Canadian house prices have increased significantly between 2003 and early 2008, with a marked downward trend since mid-2008, especially in the resource-rich ......

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Why Do Central Banks Go Weak? - , Alain Ize

Using firm-level data for Estonia for the years 1997-2005, we analyze the impact of international competition on firm dynamics, considering both firm closedo......

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The International Diversification Puzzle When Goods Prices Are Sticky: It's Really About Exchange-rate Hedging, Not Equity Portfolios - , Akito Matsumoto

The paper investigates the determinants of foreign currency borrowing by the private sector in the new member states of the European Union. We find that stri......

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How Can Burundi Raise Its Growth Rate?the Impact Of Civil Conflicts And State Intervention On Burundi's Growth Performance - Olivier Basdevant

This paper evaluates the nature and extent of, and possible responses to, two of the central challenges that globalization poses for revenue mobilization in ......

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Benford's Law And Macroeconomic Data Quality - , Gonzalo C. Pastor

This paper contributes to the debate on the role of money in monetary policy by analyzing the information content of money in forecasting euro-area inflation......

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