Atish R. Ghosh

International Monetary Fund (IMF) - Policy Development and Review Department

Senior Economist

700 19th St. NW

Washington, DC 20431

United States

  • International Monetary Fund (IMF) - Policy Development and Review Department

SCHOLARLY PAPERS

42

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345

Scholarly Papers (42)

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1.

Managing Financial Crises The Experience in East Asia

IMF Working Paper No. 00/107
Number of pages: 67 Posted: 15 Feb 2006
Jack Boorman, Timothy Lane, Marianne Schulze‐Ghattas, Aleš Bulíř and Atish R. Ghosh
International Monetary Fund (IMF) - Policy Development and Review Department, International Monetary Fund (IMF) - Policy Development and Review Department, International Monetary Fund (IMF), International Monetary Fund (IMF) and International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 410 (88,345)

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East Asian financial crisis IMF

2.

Does the Nominal Exchange Rate Regime Matter?

Downloads 393 ( 92,730)
Citation 21

Does the Nominal Exchange Rate Regime Matter?

IMF Working Paper No. 95/121
Number of pages: 42 Posted: 15 Feb 2006
Atish R. Ghosh, Anne-Marie Gulde and Jonathan D. Ostry
International Monetary Fund (IMF) - Policy Development and Review Department, International Monetary Fund (IMF) and International Monetary Fund (IMF)
Downloads 212 (176,502)
Citation 8

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Does the Nominal Exchange Rate Regime Matter?

NBER Working Paper No. w5874
Number of pages: 35 Posted: 17 Aug 2000 Last Revised: 22 Jul 2021
Atish R. Ghosh, Anne-Marie Gulde, Jonathan D. Ostry and Holger C. Wolf
International Monetary Fund (IMF) - Policy Development and Review Department, International Monetary Fund (IMF), International Monetary Fund (IMF) and Georgetown University - Edmund A. Walsh School of Foreign Service (SFS)
Downloads 181 (203,981)

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3.

Inflation, Disinflation, and Growth

IMF Working Paper No. 98/68
Number of pages: 44 Posted: 15 Feb 2006
Atish R. Ghosh and Steven Phillips
International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF) - Western Hemisphere Department
Downloads 387 (94,409)

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inflation, growth determinants, growth regressions, robustness

4.

Inflation in Transition Economies: How Much? And Why?

IMF Working Paper No. 97/80
Number of pages: 28 Posted: 15 Feb 2006
Atish R. Ghosh
International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 281 (134,076)

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Transition Economies, Inflation, Growth

5.

Currency Boards: The Ultimate Fix?

IMF Working Paper No. 98/8
Number of pages: 23 Posted: 15 Feb 2006
Atish R. Ghosh and Anne-Marie Gulde
International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF)
Downloads 271 (139,179)

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Currency Boards, Fixed Exchange Rates, Inflation, Growth

6.

Export Instability and the External Balance in Developing Countries

IMF Working Paper No. 94/8
Number of pages: 30 Posted: 15 Feb 2006
Atish R. Ghosh and Jonathan D. Ostry
International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF)
Downloads 247 (152,744)
Citation 8

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7.

East Asia in the Aftermath: Was There a Crunch?

IMF Working Paper No. 99/38
Number of pages: 21 Posted: 12 Feb 2006
Swati Ghosh and Atish R. Ghosh
World Bank and International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 211 (177,565)
Citation 1

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Credit crunch, East Asia Currency Crises

8.

The Interest Rate-Exchange Rate Nexus in the Asian Crisis Countries

IMF Working Paper No. 00/19
Number of pages: 26 Posted: 31 Jan 2006
Gabriela Basurto and Atish R. Ghosh
International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 210 (178,347)

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Asia currency crisis, exchange rates, interest rates

9.

Imperfect Exchange Rate Passthrough: Strategic Pricing and Menu Costs

Number of pages: 27 Posted: 01 May 2001
Holger C. Wolf and Atish R. Ghosh
Georgetown University - Edmund A. Walsh School of Foreign Service (SFS) and International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 207 (180,741)

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10.

Managing the Tide: How Do Emerging Markets Respond to Capital Flows?

IMF Working Paper No. 17/69
Number of pages: 42 Posted: 12 May 2017
Atish R. Ghosh, Jonathan D. Ostry and Mahvash Saeed Qureshi
International Monetary Fund (IMF) - Policy Development and Review Department, International Monetary Fund (IMF) and International Monetary Fund (IMF) - Research Department
Downloads 180 (204,969)

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Central banks and their policies, capital flows; policy toolkit; capital controls; emerging market economies, capital flows, policy toolkit, capital controls, emerging market economies

11.

Exchange Rate Regimes and External Adjustment: New Answers to an Old Debate

THE NEW INTERNATIONAL MONETARY SYSTEM: ESSAYS IN HONOR OF ALEXANDER SWOBODA, C. Wyplosz, ed., Routledge, March 2010
Number of pages: 17 Posted: 09 Dec 2011
Atish R. Ghosh, Marco E. Terrones and Jeromin Zettelmeyer
International Monetary Fund (IMF) - Policy Development and Review Department, International Monetary Fund (IMF) and Peter G. Peterson Institute for International Economics
Downloads 161 (225,436)

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Flexible exchange rates, Fixed exchange rates, Current Account Balances, Current Account Reversals

12.

Macroeconomic Uncertainty, Precautionary Savings and the Current Account

IMF Working Paper No. 92/72
Number of pages: 44 Posted: 15 Feb 2006
Atish R. Ghosh and Jonathan D. Ostry
International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF)
Downloads 155 (232,799)
Citation 12

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13.

Capital Inflow Surges and Consequences

ADBI Working Paper 585
Number of pages: 26 Posted: 13 Sep 2016
Atish R. Ghosh and Mahvash Saeed Qureshi
International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF) - Research Department
Downloads 147 (243,225)
Citation 7

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capital flow, emerging markets, macroeconomics, economic overheating, credit expansion, currency, overvaluation, domestic credit, bank leverage, foreign currency, lending, FDI, foreign direct investment, investment, financial stability, asset flow, liability flow, portfolio debt

14.

Do Capital Flows Reflect Economic Fundamentals in Developing Countries?

IMF Working Paper No. 93/34
Number of pages: 46 Posted: 15 Feb 2006
Atish R. Ghosh and Jonathan D. Ostry
International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF)
Downloads 143 (248,699)
Citation 2

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15.

Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence

Downloads 100 (322,222)
Citation 31

Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence

IMF Working Paper No. 15/226
Number of pages: 25 Posted: 05 Jan 2016
Olivier J. Blanchard, Jonathan D. Ostry, Atish R. Ghosh and Marcos Chamon
National Bureau of Economic Research (NBER), International Monetary Fund (IMF), International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF) - Research Department
Downloads 54 (460,785)

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capital inflows, bonds, bond, return, domestic bonds, All Countries, apital inflows

Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence

NBER Working Paper No. w21619
Number of pages: 23 Posted: 12 Oct 2015 Last Revised: 29 Jul 2021
Olivier J. Blanchard, Jonathan D. Ostry, Atish R. Ghosh and Marcos Chamon
National Bureau of Economic Research (NBER), International Monetary Fund (IMF), International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF) - Research Department
Downloads 26 (605,275)

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Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence

Peterson Institute for International Economics Working Paper No. 15-17
Number of pages: 32 Posted: 10 Nov 2015 Last Revised: 19 Feb 2018
Olivier J. Blanchard, Jonathan D. Ostry, Atish R. Ghosh and Marcos Chamon
National Bureau of Economic Research (NBER), International Monetary Fund (IMF), International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF) - Research Department
Downloads 20 (649,269)
Citation 1

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capital inflows, capital controls, foreign exchange intervention

Are Capital Inflows Expansionary or Contractionary? Theory, Policy Implications, and Some Evidence

CEPR Discussion Paper No. DP10909
Number of pages: 24 Posted: 28 Oct 2015
Olivier J. Blanchard, Marcos Chamon, Atish R. Ghosh and Jonathan D. Ostry
National Bureau of Economic Research (NBER), International Monetary Fund (IMF) - Research Department, International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF)
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Citation 17
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capital controls, capital inflows, foreign exchange intervention

16.

Structural Vulnerabilities and Currency Crises

IMF Working Paper No. 02/9
Number of pages: 31 Posted: 30 Jan 2006
Swati Ghosh and Atish R. Ghosh
World Bank and International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 97 (328,584)
Citation 4

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Currency crises, structural indicators, corporate governance, binary recursive trees

17.

Capital Inflows: The Role of Controls (Entradas de Capital: El Papel de los Controles) (Spanish)

Revista de Economía Institucional, Vol. 12, No. 23, p. 135, 2010
Number of pages: 30 Posted: 14 Dec 2010
Jonathan D. Ostry, Atish R. Ghosh, Karl Habermeier, Marcos Chamon, Mahvash Saeed Qureshi and Dennis Reinhardt
International Monetary Fund (IMF), International Monetary Fund (IMF) - Policy Development and Review Department, International Monetary Fund (IMF), International Monetary Fund (IMF) - Research Department, International Monetary Fund (IMF) - Research Department and Bank of England
Downloads 85 (356,888)
Citation 7

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Capital Inflows, Capital Controls, Financial Crisis

18.

Foreign Borrowing and Export Promotion Policies

IMF Working Paper No. 89/16
Number of pages: 46 Posted: 15 Feb 2006
Eduardo Borensztein and Atish R. Ghosh
Inter-American Development Bank (IADB) and International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 81 (367,292)

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19.

International Policy Coordination in a World with Model Uncertainty

IMF Working Paper No. 87/81
Number of pages: 32 Posted: 15 Feb 2006
Atish R. Ghosh and Paul R. Masson
International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF) - Research Department
Downloads 71 (395,675)
Citation 1

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20.

Shifting Motives: Explaining the Buildup in Official Reserves in Emerging Markets Since the 1980s

IMF Working Paper No. NO.12/34
Number of pages: 39 Posted: 02 Feb 2012
Charalambos G. Tsangarides, Atish R. Ghosh and Jonathan D. Ostry
International Monetary Fund (IMF), International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF)
Downloads 68 (404,934)
Citation 1

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International Reserves, Precautionary Demand, Mercantilism, Quantile Regression, Economic Models, Emerging Markets, Exchange Rate Regimes, External Shocks, Reserves Accumulation, Risk Management

21.

The Output-Inflation Nexus in Ukraine: Is There a Trade-Off?

IMF Working Paper No. 96/46
Number of pages: 36 Posted: 15 Feb 2006
Atish R. Ghosh
International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 68 (404,934)

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22.

Surges

IMF Working Paper No. NO.12/22
Number of pages: 43 Posted: 02 Feb 2012
Juan Zalduendo, Jun Il Kim, Mahvash Saeed Qureshi and Atish R. Ghosh
World Bank, International Monetary Fund (IMF), International Monetary Fund (IMF) - Research Department and International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 67 (408,173)
Citation 5

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Surges, Capital Flows, Emerging Market Economies, Developing Countries, Economic Models

23.

Exchange Rate Management and Crisis Susceptibility: A Reassessment

IMF Working Paper No. 14/11
Number of pages: 47 Posted: 20 Feb 2014
Atish R. Ghosh, Jonathan D. Ostry and Mahvash Saeed Qureshi
International Monetary Fund (IMF) - Policy Development and Review Department, International Monetary Fund (IMF) and International Monetary Fund (IMF) - Research Department
Downloads 64 (417,946)
Citation 6

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Exchange rate regimes, Emerging markets, Currency pegs, Floating exchange rates, Economic models, Time series, crisis, vulnerabilities, real exchange rate, flexible exchange rate, intermediate exchange rate, exchange rate flexibility, intermediate exchange rate regimes, flexible exchange rate regimes, nominal exchange rate, exchange rate overvaluation, real exchange rate overvaluation, flexible exchange rates, exchange rate arrangements, current account balance, overvalued exchange rates, effective exchange rate, exchange rate regime classification, exchange rate guarantee, exchange rate volatility, fixed exchange rates, currency basket, nominal effective exchange rate, real effective exchan

24.

Model Uncertainty, Learning, and the Gains from Coordination

IMF Working Paper No. 88/114
Number of pages: 38 Posted: 15 Feb 2006
Atish R. Ghosh and Paul R. Masson
International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF) - Research Department
Downloads 62 (424,710)

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25.

Modeling Aggregate Use of Fund Resources - Analytical Approaches and Medium-Term Projections

IMF Working Paper No. 07/70
Number of pages: 46 Posted: 12 Apr 2007
Juan Zalduendo, Manuela Goretti, Bikas Joshi, Atish R. Ghosh and Alun H. Thomas
World Bank, International Monetary Fund (IMF), International Monetary Fund (IMF), International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF) - European Department
Downloads 56 (446,167)
Citation 2

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Stand-by arrangements, prediction, IMF lending capacity, IMF income position

26.

Regulating Capital Flows at Both Ends: Does it Work?

IMF Working Paper No. 14/188
Number of pages: 47 Posted: 22 Nov 2014
Atish R. Ghosh, Mahvash Saeed Qureshi and Naotaka Sugawara
International Monetary Fund (IMF) - Policy Development and Review Department, International Monetary Fund (IMF) - Research Department and World Bank
Downloads 55 (449,824)

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Capital flows, Capital account, Cross-border banking, Spillovers, Capital inflows, Capital controls, cross-boder bank flows, prudential measures, bond, capital outflows, capital movements, capital account restrictions, financial sector, current account balance, border capital flows, liberalization of capital, stock market capitalization, international capital flows, financial institutions, debt securities, liberalization of capital movements, capital transaction, management of capital flows, capital transactions, purchase of securities, risk aversion, short-term capital, money market, determinants of capital flows, hedge, sale of securities, currency overvaluation, capital account policies,

27.

How Many Monies? A Genetic Approach to Finding Optimum Currency Areas

Downloads 53 (457,276)

How Many Monies? A Genetic Approach to Finding Optimum Currency Areas

NBER Working Paper No. w4805
Number of pages: 41 Posted: 06 Sep 2000 Last Revised: 18 Feb 2021
Atish R. Ghosh and Holger C. Wolf
International Monetary Fund (IMF) - Policy Development and Review Department and Georgetown University - Edmund A. Walsh School of Foreign Service (SFS)
Downloads 53 (464,806)

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How Many Monies? A Genetic Approach to Finding Optimum Currency Areas

IB-94-12
Posted: 22 Aug 1998
Atish R. Ghosh and Holger C. Wolf
International Monetary Fund (IMF) - Policy Development and Review Department and Georgetown University - Edmund A. Walsh School of Foreign Service (SFS)

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28.

Managing Capital Inflows: The Role of Capital Controls and Prudential Policies

NBER Working Paper No. w17363
Number of pages: 31 Posted: 30 Aug 2011 Last Revised: 12 Jun 2021
Mahvash Saeed Qureshi, Jonathan D. Ostry, Atish R. Ghosh and Marcos Chamon
International Monetary Fund (IMF) - Research Department, International Monetary Fund (IMF), International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF) - Research Department
Downloads 52 (461,028)
Citation 5

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29.

Fiscal Fatigue, Fiscal Space and Debt Sustainability in Advanced Economies

NBER Working Paper No. w16782
Number of pages: 49 Posted: 14 Feb 2011 Last Revised: 10 May 2021
Atish R. Ghosh, Jun Il Kim, Enrique G. Mendoza, Jonathan D. Ostry and Mahvash Saeed Qureshi
International Monetary Fund (IMF) - Policy Development and Review Department, International Monetary Fund (IMF), National Bureau of Economic Research (NBER), International Monetary Fund (IMF) and International Monetary Fund (IMF) - Research Department
Downloads 49 (473,031)
Citation 35

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30.

FX Intervention in the New Keynesian Model

IMF Working Paper No. 17/207
Number of pages: 40 Posted: 25 Oct 2017
Zineddine Alla, Raphael A. Espinoza and Atish R. Ghosh
Sciences Po, International Monetary Fund (IMF) and International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 48 (477,021)
Citation 2

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Foreign exchange, Central banks and their policies, Central bank reserves; Speculative attack; Portfolio balance model; Equilibrium determinacy; Capital flows; Capital controls; Open Economy New Keynesian Model, Central bank reserves, Speculative attack, Portfolio balance model, Equilibrium determinacy, Capital flows, Capital controls, Open Economy New Keynesian Model, Monetary Policy (Targets, Instruments, and Effects)

31.

Unconventional Policy Instruments in the New Keynesian Model

IMF Working Paper No. 16/58
Number of pages: 35 Posted: 26 Apr 2016
Zineddine Alla, Raphael A. Espinoza and Atish R. Ghosh
Sciences Po, International Monetary Fund (IMF) and International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 46 (485,481)

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Unconventional monetary policy, equilibrium indeterminacy, stabilization bias, inflationary bias, instrument, instruments, inflation, monetary policy, interest, Monetary Policy (Targets, and Effects), All Countries,

32.

Words vs. Deeds: What Really Matters?

IMF Working Paper No. 11/112
Number of pages: 36 Posted: 23 May 2011
Charalambos G. Tsangarides, Mahvash Saeed Qureshi and Atish R. Ghosh
International Monetary Fund (IMF), International Monetary Fund (IMF) - Research Department and International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 46 (485,481)

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Currency pegs, Developing countries, Economic models, Emerging markets, Exchange rate regimes, Floating exchange rates, Inflation, Monetary policy

33.

Pricing in International Markets: Lessons from the Economist

Downloads 45 (489,794)

Pricing in International Markets: Lessons from the Economist

NBER Working Paper No. w4806
Number of pages: 20 Posted: 16 Jul 2000 Last Revised: 19 Feb 2021
Atish R. Ghosh and Holger C. Wolf
International Monetary Fund (IMF) - Policy Development and Review Department and Georgetown University - Edmund A. Walsh School of Foreign Service (SFS)
Downloads 45 (499,159)

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Pricing in International Markets: Lessons from the Economist

IB-94-ll
Posted: 22 Aug 1998
Atish R. Ghosh and Holger C. Wolf
International Monetary Fund (IMF) - Policy Development and Review Department and Georgetown University - Edmund A. Walsh School of Foreign Service (SFS)

Abstract:

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34.

Friedman Redux: External Adjustment and Exchange Rate Flexibility

IMF Working Paper No. 14/146
Number of pages: 44 Posted: 04 Sep 2014
Atish R. Ghosh, Mahvash Saeed Qureshi and Charalambos G. Tsangarides
International Monetary Fund (IMF) - Policy Development and Review Department, International Monetary Fund (IMF) - Research Department and International Monetary Fund (IMF)
Downloads 39 (517,124)
Citation 3

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Flexible exchange rates, Exchange rate adjustments, Exchange rate regimes, Balance of trade, Current account balances, external dynamics, global imbalances, exchange rate, exchange rate regime, bilateral exchange rate, exchange rate flexibility, exchange rates, fixed exchange rate, real exchange rate, nominal exchange rate, exchange rate regime classifications, exchange rate regime classification, exchange rate volatility, bilateral real exchange rate, fixed exchange rates, current account balance, fixed exchange rate regime, exchange rate movement, fixed exchange rate regimes, intermediate exchange rate, real exchange rate volatility, flexible exchange rate, intermediate exchange rate regim

35.

What's in a Name? That Which We Call Capital Controls

IMF Working Paper No. 16/25
Number of pages: 46 Posted: 28 Mar 2016
Atish R. Ghosh and Mahvash Saeed Qureshi
International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF) - Research Department
Downloads 38 (521,913)
Citation 1

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gold standard, interwar period, Bretton Woods, financial crisis, markets, market, emerging markets, All Countries,

36.

The Motives to Borrow

IMF Working Paper No. 19/101
Number of pages: 54 Posted: 14 Jun 2019
Antonio Fatás, Atish R. Ghosh, Ugo Panizza and Andrea Presbitero
INSEAD, International Monetary Fund (IMF) - Policy Development and Review Department, Graduate Institute of International and Development Studies (IHEID) - Department of Economics and Johns Hopkins University
Downloads 33 (547,425)

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Domestic debt, Economic growth, Economic recovery, Real interest rates, Domestic currency debt, Sovereign Debt, Political Economy, Fiscal Policy, Growth, debt-to-GDP ratio, debt-to-GDP, countercyclical, Rogoff, debt accumulation

37.

Geographical and Sectoral Shocks in the U.S. Business Cycle

NBER Working Paper No. w6180
Number of pages: 36 Posted: 01 Sep 2000 Last Revised: 23 May 2021
Atish R. Ghosh and Holger C. Wolf
International Monetary Fund (IMF) - Policy Development and Review Department and Georgetown University - Edmund A. Walsh School of Foreign Service (SFS)
Downloads 24 (601,174)

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38.

Thresholds and Context Dependence in Growth

NBER Working Paper No. w6480
Number of pages: 21 Posted: 11 Jun 2000 Last Revised: 09 Oct 2010
Atish R. Ghosh and Holger C. Wolf
International Monetary Fund (IMF) - Policy Development and Review Department and Georgetown University - Edmund A. Walsh School of Foreign Service (SFS)
Downloads 22 (614,709)

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39.

The Motives to Borrow

CEPR Discussion Paper No. DP13735
Number of pages: 66 Posted: 22 May 2019
Antonio Fatás, Atish R. Ghosh, Ugo Panizza and Andrea Presbitero
INSEAD, International Monetary Fund (IMF) - Policy Development and Review Department, Graduate Institute of International and Development Studies (IHEID) - Department of Economics and Johns Hopkins University
Downloads 0 (794,867)
Citation 4
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Fiscal policy, political economy, public debt

40.

IMF Policy Advice to Emerging Market Economies During the 2008-2009 Crisis: New Fund or New Fundamentals?

Journal of International Commerce, Economics and Policy (JICEP), World Scientific, 2011
Posted: 22 Aug 2011
Atish R. Ghosh, Christopher Crowe, Jun Il Kim, Jonathan D. Ostry and Marcos Chamon
International Monetary Fund (IMF) - Policy Development and Review Department, International Monetary Fund (IMF), International Monetary Fund (IMF), International Monetary Fund (IMF) and International Monetary Fund (IMF) - Research Department

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Emerging market crises, IMF policy, IMF supported programs, global financial crisis

41.

Currency Boards: More than a Quick Fix?

Posted: 27 Nov 2000
Atish R. Ghosh, Anne-Marie Gulde and Holger C. Wolf
International Monetary Fund (IMF) - Policy Development and Review Department, International Monetary Fund (IMF) and Georgetown University - Edmund A. Walsh School of Foreign Service (SFS)

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42.

Inflation in Transition Economies: How Much and Why?

IMF Working Paper No. 97/80
Posted: 03 Aug 1998
Atish R. Ghosh
International Monetary Fund (IMF) - Policy Development and Review Department

Abstract:

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