International evidence on recovery from recessions /
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| Author / Creator: | Cerra, Valerie, author. |
|---|---|
| Imprint: | Washington, D.C. : International Monetary Fund, IMF Institute, ©2009. |
| Description: | 1 online resource (30 pages) |
| Language: | English |
| Series: | IMF working paper, 2227-8885 ; WP/09/183 IMF working paper ; WP/09/183. |
| Subject: | |
| Format: | E-Resource Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12495505 |
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| 100 | 1 | |a Cerra, Valerie, |e author. |0 http://id.loc.gov/authorities/names/no98097099 | |
| 245 | 1 | 0 | |a International evidence on recovery from recessions / |c prepared by Valerie Cerra, Ugo Panizza, and c. Saxena. |
| 260 | |a Washington, D.C. : |b International Monetary Fund, IMF Institute, |c ©2009. | ||
| 300 | |a 1 online resource (30 pages) | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
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| 347 | |a text file |2 rdaft |0 http://rdaregistry.info/termList/fileType/1002 | ||
| 490 | 1 | |a IMF working paper, |x 2227-8885 ; |v WP/09/183 | |
| 500 | |a "August 2009." | ||
| 504 | |a Includes bibliographical references (pages 28-30). | ||
| 520 | |a Although negative shocks have persistent effects on output on average, this paper shows that macroeconomic policies and the structure of the economy can influence the speed of recovery and mitigate the persistence of the shock. Indeed, monetary and fiscal stimulus and foreign aid can spur a rebound, with impacts that are asymmetrically stronger than in nonrecovery years. Real depreciation and the exchange rate regime also have asymmetric growth effects in a recovery year relative to other years of expansion. Recoveries are more sluggish in open economies, partly because fiscal policy is less effective than in closed economies. | ||
| 588 | 0 | |a Print version record. | |
| 506 | |3 Use copy |f Restrictions unspecified |2 star |5 MiAaHDL | ||
| 533 | |a Electronic reproduction. |b [Place of publication not identified] : |c HathiTrust Digital Library, |d 2011. |5 MiAaHDL | ||
| 538 | |a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |u http://purl.oclc.org/DLF/benchrepro0212 |5 MiAaHDL | ||
| 583 | 1 | |a digitized |c 2011 |h HathiTrust Digital Library |l committed to preserve |2 pda |5 MiAaHDL | |
| 505 | 0 | |a I. Introduction; II. Methodology and Data; III. Results; IV. The Aftermath of Banking Crises; V. Conclusions; Tables; 1: Speed of Recovery after Recessions (FE regressions); 2: Countries with population less than 1 million are excluded from the sample; 3: Country Size; 4: Monetary Policy; 5: Fiscal Policy; 6: Fiscal Policy (alternative definition); 7: Foreign Aid; 8: Exchange Rate Regime (Floating); 9: Exchange Rate Regime (Fixed and Intermediate); 10: Exchange Rate Regime and Currency Crises (Floating); 11: Exchange Rate Regime and Currency Crises (Fixed and Intermediate) | |
| 505 | 8 | |a 12: The Real Exchange Rate13: The Real Exchange Rate and Currency Crises; 14: Labor Market Rigidities; 15: Effective Labor Market Rigidities; 16: Trade Openness; 17: Trade Openness and Country Size; 18: Trade Openness and Real External Shocks; 19: Trade Openness and Depth of Recession; 20: Trade Openness and Fiscal Policy (alternative definition); 21: Capital Account Openness; 22: Capital Account Openness and Trade Openness; 23: Controlling for Depth of Recession; 24: Normal Recessions and Banking Crises; 25: Normal Recessions and Banking Crises. The Effect of Fiscal Policy | |
| 505 | 8 | |a 26: Normal Recessions and Banking Crises. The Effect of Foreign Aid27: Normal Recessions and Banking Crises. The Effect of Openness; 28: Normal recessions and Banking Crises. The Effect of the Exchange Rate Regime; Appendix: Data sources; References | |
| 546 | |a English. | ||
| 650 | 0 | |a Financial crises. | |
| 650 | 0 | |a Recessions. |0 http://id.loc.gov/authorities/subjects/sh87001333 | |
| 650 | 0 | |a Business cycles. | |
| 650 | 0 | |a Foreign exchange administration. |0 http://id.loc.gov/authorities/subjects/sh85050500 | |
| 650 | 0 | |a Foreign exchange market. |0 http://id.loc.gov/authorities/subjects/sh91004890 | |
| 650 | 0 | |a Commercial policy. |0 http://id.loc.gov/authorities/subjects/sh85028953 | |
| 650 | 6 | |a Récessions. | |
| 650 | 6 | |a Cycles économiques. | |
| 650 | 6 | |a Change |x Administration. | |
| 650 | 6 | |a Marché des changes. | |
| 650 | 6 | |a Politique commerciale. | |
| 650 | 7 | |a Business cycles. |2 fast |0 (OCoLC)fst00842457 | |
| 650 | 7 | |a Commercial policy. |2 fast |0 (OCoLC)fst00869569 | |
| 650 | 7 | |a Financial crises. |2 fast |0 (OCoLC)fst00924607 | |
| 650 | 7 | |a Foreign exchange administration. |2 fast |0 (OCoLC)fst00931794 | |
| 650 | 7 | |a Foreign exchange market. |2 fast |0 (OCoLC)fst00931809 | |
| 650 | 7 | |a Recessions. |2 fast |0 (OCoLC)fst01091358 | |
| 655 | 7 | |a Electronic books. |2 gtlm | |
| 700 | 1 | |a Panizza, Ugo, |e author. |0 http://id.loc.gov/authorities/names/no2003127943 | |
| 700 | 1 | |a Saxena, Sweta Chaman, |e author. |0 http://id.loc.gov/authorities/names/no00027949 | |
| 710 | 2 | |a International Monetary Fund. |b Research Department. |0 http://id.loc.gov/authorities/names/n77001219 | |
| 776 | 0 | 8 | |i Print version: |a Cerra, Valerie. |t International evidence on recovery from recessions. |d Washington, D.C. : International Monetary Fund, IMF Institute, 2009 |w (OCoLC)435630682 |
| 830 | 0 | |a IMF working paper ; |v WP/09/183. |0 http://id.loc.gov/authorities/names/no89010263 | |
| 856 | 4 | 0 | |u http://elibrary.imf.org/view/journals/001/2009/183/001.2009.issue-183-en.xml |y INTERNATIONAL MONETARY FUND |
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