This paper assembles a set of relevant fiscal data, for both the individual countries and for the
aggregate G-7 and 18 industrial countries, which covers a period long enough to allow an …

A bilateral search model of the commodity market is formulated to study the effects of
liberalizing prices in a reforming socialist economy. The main result is that if the competitive …

This paper empirically examines the demand for commercial bank deposits in Lebanon, a
regional financial center. With Lebanon's high fiscal deficits financed largely by domestic …

This paper provides evidence that central bank interventions had a statistically significant
impact on easing stress in unsecured interbank markets during the first phase of the subprime …

This paper discusses a study analyzing aging populations and public pension schemes. An
aging society is characterized by a growing proportion of the retired to the active working …

In recent years, the link between the real effective exchange rate (REER) and exports in
South Africa has weakened. While exports still rise in response to REER depreciations, the …

Islamic finance is a fast growing activity in world markets. This paper provides a survey on
Islamic Finance in SSA. Ongoing activities include Islamic banking, sukuk issuances (to …

We investigate the impact of remittances on public debt sustainability and detail how the
traditional debt-to-GDP ratio can be modified to create a more accurate representation of debt …

… Domenico Fanizza James Gordon Thomas Helbling © 2014 by the International Monetary
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This paper examines the impact of oil-related income, among other fundamentals, on the
equilibrium real effective exchange rate (ERER) in Syria. After reviewing the evolution of the …