Documents et rapports
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Private saving in Mexico, 1980-90 (anglais)
Between 1987 and 1990, Mexico's current account and trade balance deteriorated by more than US$10 billion. Higher investment accounts only partly for this deterioration; nor can it be attributed to the...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS861 Date du document: 29 février 1992 Mode de publication: Disclosed Auteur: Arrau, Patricio,Oks, Daniel
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Commodity stabilization funds (anglais)
Commodity stabilization funds are hard-currency savings to protect against a fall in income for commodity exports in the presence of borrowing constraints. The authors develop the optimal rules for deposits...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS835 Date du document: 31 janvier 1992 Auteur: Arrau, Patricio,Claessens,Constantijn A.
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The demand for money in developing countries : assessing the role of financial innovation (anglais)
Traditional specifications of money demand have commonly been plagued by persistent overprediction, implausible parameter estimates, and highly autocorrelated errors. The authors argue that some of these...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS721 Date du document: 31 juillet 1991 Auteur: Arrau, Patricio,De Gregorio, Jose,Reinhart, Carm
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Intertemporal substitution, risk aversion, and private savings in Mexico (anglais)
The decline in private savings since 1982 is arguably the most important problem in high debt countries. A reversal of the trend is essential if growth is to be restored. Three factors predominate : 1)...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS682 Date du document: 31 mai 1991 Auteur: Arrau, Patricio,van Wijnbergen, Sweder