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Uncertainty, Flexible Exchange Rates, and Agglomeration
Language: en
Pages: 35
Authors: Mr.Luca Antonio Ricci
Categories: Business & Economics
Type: BOOK - Published: 1998-02-01 - Publisher: International Monetary Fund

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This paper shows that exchange rate variability promotes agglomeration of economic activity. Under flexible rates, firms located in large markets have lower var
Exchange Rate Economics
Language: en
Pages: 334
Authors: Ronald MacDonald
Categories: Foreign exchange
Type: BOOK - Published: 2005 - Publisher: Routledge

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''In summary, the book is valuable as a textbook both at the advanced undergraduate level and at the graduate level. It is also very useful for the economist wh
IMF Staff papers, Volume 45 No. 2
Language: en
Pages: 204
Authors: International Monetary Fund. Research Dept.
Categories: Business & Economics
Type: BOOK - Published: 1998-01-01 - Publisher: International Monetary Fund

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This paper analyzes contagion and volatility with imperfect credit markets. The paper interprets contagion effects as an increase in the volatility of shocks im
External Evaluation of IMF Economic Research Activities
Language: en
Pages: 98
Authors: International Monetary Fund
Categories: Business & Economics
Type: BOOK - Published: 2000-04-11 - Publisher: International Monetary Fund

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This report, commissioned by the Executive Board, was prepared by a committee of academic economists. The report assesses the appropriateness of current researc
Research Activities of the IMF, January 1991-December 1999
Language: en
Pages: 144
Authors: International Monetary Fund
Categories: Business & Economics
Type: BOOK - Published: 2000-01-01 - Publisher: International Monetary Fund

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Research activity in the IMF emphasizes the links between the organization's policy and operational concerns. The main objectives of research is IMF staff under