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Date issued:
Dec 2006
Generative AI enabled
Generative AI enabled
Language serves two key functions. It enables communication between agents, which allows for the establishment and operation of formal and informal institutions. It also serves a less obvious…
Date issued:
Dec 2006
Generative AI enabled
Generative AI enabled
The paper argues that Emerging Market economies (EMs) face financial vulnerabilities that weaken the effectiveness of a domestic Lender of Last Resort (LOLR). As a result, monetary policy is…
Date issued:
Dec 2006
This presentation was commissioned for the Preparatory Meeting of the Science, Technology and Innovation Network of the Regional Policy Dialogue celebrated on December 11th, 2006.
Date issued:
Dec 2006
This presentation was commissioned for the Preparatory Meeting of the Science, Technology and Innovation Network of the Regional Policy Dialogue celebrated on December 11th, 2006.
Date issued:
Dec 2006
This presentation was prepared for the Preparatory Meeting of the Science, Technology and Innovation Network of the Regional Policy Dialogue celebrated on December 11th, 2006.
Date issued:
Dec 2006
This presentacion was prepared for the Preparatory Meeting of the Science, Technology and Innovation Network of the Regional Policy Dialogue celebrated on December 11th, 2006.
Date issued:
Dec 2006
This presentation deals with the impoverishment of health spending in Mexico. First, it gives an overview of the problem around the world, followed by a detailed account of what is the situation in…
Trade, Gravity and Sudden Stops: On How Commercial Trade Can Increase the Stability of Capital Flows
Date issued:
Dec 2006
Generative AI enabled
Generative AI enabled
Financial stability is an important policy objective, since crises are associated with large economic, social and political costs. This paper contributes to the discussion by providing new…
Date issued:
Dec 2006
Generative AI enabled
Generative AI enabled
This paper revisits the effects of a country`s institutional framework on individual firms` behavior, in particular focusing on their propensity to comply with legal rules. The theoretical model…
Date issued:
Dec 2006
Generative AI enabled
Generative AI enabled
This paper evaluates under which conditions different Taylor-type rules lead to determinacy and expectational stability (E-stability) of rational expectations equilibrium in a simple New Keynesian…