Documents et rapports
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What makes a currency procyclical? An empirical investigation (anglais)
This paper looks at the correlation between the cyclical components of gross domestic product and the exchange rate and classifies countries’ currencies as pro-cyclical if they appreciate in good times...
Type de document: Article de revue Numéro du rapport: 100264 Date du document: 11 mars 2015 Mode de publication: Disclosed Auteur: Cordella, Tito,Gupta, Poonam
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The financing and growth of firms in China and India : evidence from capital markets (anglais)
The author studies the extent to which firms from China and India use capital markets to obtain financing and grow. Using a unique data set on domestic and international capital raising activity and firm...
Type de document: Article de revue Numéro du rapport: 82876 Date du document: 1 décembre 2013 Mode de publication: Disclosed Auteur: Didier Brandao, Tatiana,Schmukler, Sergio L.
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To give or to forgive? Aid versus debt relief (anglais)
Is generalized debt relief an effective development strategy, or should assistance be tailored to countries characteristics? To answer this question, the authors build a simple model in which recipient...
Type de document: Article de revue Numéro du rapport: 83340 Date du document: 1 octobre 2013 Mode de publication: Disclosed Auteur: Cordella, Tito,Missale, Alessandro
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How resilient and countercyclical were emerging economies to the global financial crisis? (anglais)
During the crises of the 1990s, emerging economies usually lacked the policy tools to deal with external shocks that were available to advanced economies. Worldwide turbulent episodes found most emerging...
Type de document: Article de revue Numéro du rapport: 83337 Date du document: 1 décembre 2012 Mode de publication: Disclosed Auteur: Didier Brandao, Tatiana,Hevia, Constantino,Schmukler, Sergio L.