Selim Ali Elekdag

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

Economists

700 19th St. NW

Washington, DC 20431

United States

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

SCHOLARLY PAPERS

27

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4,971

TOTAL CITATIONS
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Top 11,032

in Total Papers Citations

39

Scholarly Papers (27)

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1.

Financial Stress, Downturns, and Recoveries

IMF Working Paper No. 09/100
Number of pages: 60 Posted: 19 May 2009
Roberto Cardarelli, Selim Ali Elekdag and Subir Lall
International Monetary Fund (IMF), International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF)
Downloads 1,001 (49,874)

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Financial crisis, Financial systems, Banking sector, Exchange markets, Securities markets, Banking crisis, Economic recession, Economic recovery, Business cycles, Cross country analysis

2.

The Transmission of Financial Stress from Advanced to Emerging Economies

IMF Working Paper No. 09/133
Number of pages: 53 Posted: 28 Jul 2009
Ravi Balakrishnan, Stephan Danninger, Irina Tytell, Irina Tytell and Selim Ali Elekdag
International Monetary Fund (IMF) - Fiscal Affairs Department, International Monetary Fund (Research Department), Fidelity InvestmentsInternational Monetary Fund (IMF) and International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 438 (144,560)
Citation 14

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Banking crisis, Banking sector, Capital flows, Developed countries, Developing countries, Economic models, Emerging markets, Financial crisis, Financial risk, Spillovers, Transition economies

3.

Rapid Credit Growth: Boon or Boom-Bust?

IMF Working Paper No. 11/241
Number of pages: 42 Posted: 08 Nov 2011
Selim Ali Elekdag and Yiqun Wu
International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF)
Downloads 287 (230,465)
Citation 1

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Asia, Credit expansion, Monetary policy, Liquidity, Capital inflows, Financial crisis, Interest rates, Bank soundness, Corporate sector, International liquidity

4.

Emerging Market Corporate Leverage and Global Financial Conditions

Downloads 260 (254,928)
Citation 3

Emerging Market Corporate Leverage and Global Financial Conditions

IMF WP/16/243
Number of pages: 39 Posted: 21 Dec 2016 Last Revised: 27 Oct 2019
Adrian Alter and Selim Ali Elekdag
International Monetary Fund and International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 144 (439,030)

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Corporate structure, Leverage, Global financial conditions, U.S. monetary policy

Emerging Market Corporate Leverage and Global Financial Conditions

IMF Working Paper No. 16/243
Number of pages: 50 Posted: 07 Mar 2017
Adrian Alter and Selim Ali Elekdag
International Monetary Fund and International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 116 (523,099)
Citation 3

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Corporate debt, Emerging markets, United States, Monetary policy, Economic conditions, Corporate structure, Leverage, Global financial conditions, U.S. monetary policy

5.

An Estimated Small Open Economy Model of the Financial Accelerator

IMF Working Paper No. 05/44
Number of pages: 28 Posted: 10 Jan 2006
Selim Ali Elekdag, Alejandro Justiniano and Ivan Tchakarov
International Monetary Fund (IMF) - Policy Development and Review Department, International Monetary Fund (IMF) - Western Hemisphere Department and International Monetary Fund (IMF) - Asia and Pacific Department
Downloads 246 (269,519)
Citation 3

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Financial accelerator, balance sheets, Bayesian estimation of DSGE models, Taylor rules

6.

The Role of Monetary Policy in Turkey During the Global Financial Crisis

IMF Working Paper No. 11/150
Number of pages: 75 Posted: 16 Jul 2011
Harun Alp and Selim Ali Elekdag
Federal Reserve Board and International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 242 (273,896)

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Central bank policy, Economic indicators, Economic recession, Financial crisis, Flexible exchange rate policy, Global Financial Crisis 2008-2009, Inflation targeting, Interest rate reductions, Monetary policy, Turkey

7.

An Assessment of Malaysian Monetary Policy During the Global Financial Crisis of 2008-09

IMF Working Paper No. NO.12/35
Number of pages: 22 Posted: 02 Feb 2012
Harun Alp, Selim Ali Elekdag and Subir Lall
Federal Reserve Board, International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF)
Downloads 239 (277,294)

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Financial Accelerator, Bayesian Estimation, Dsge Model, Financial Crises, Sudden Stops, Emerging Markets, Economic Models, Exchange Rate Depreciation, Exchange Rate Regimes, Flexible Exchange Rates, Global Financial Crisis 2008-2009, Monetary Policy, Central Banking, And The Supply Of Money And Credit

8.

Is FinTech Eating the Bank's Lunch?

IMF Working Paper No. 2023/239
Number of pages: 64 Posted: 29 Nov 2023
Sami Ben Naceur, Bertrand Candelon, Selim Ali Elekdag and Drilona Emrullahu
International Monetary Fund (IMF), Catholic University of Louvain (UCL), International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF)
Downloads 218 (303,191)

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fintech, bank profitability, competition, business models

9.

Capital Inflows: Macroeconomic Implications and Policy Responses

Downloads 196 (335,058)
Citation 5

Capital Inflows: Macroeconomic Implications and Policy Responses

IMF Working Paper No. 09/40
Number of pages: 62 Posted: 23 Mar 2009
Roberto Cardarelli, Selim Ali Elekdag and M. Ayhan Kose
International Monetary Fund (IMF), International Monetary Fund (IMF) - Policy Development and Review Department and World Bank
Downloads 196 (333,937)
Citation 5

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Working Papers

Capital Inflows: Macroeconomic Implications and Policy Responses

Economic Systems, Vol. 34, No. 4, 2010
Posted: 30 Jul 2011
Roberto Cardarelli, Selim Ali Elekdag and M. Ayhan Kose
International Monetary Fund (IMF), International Monetary Fund (IMF) - Policy Development and Review Department and World Bank

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Capital inflows, Sudden stops, Crises, Sterilization, Capital controls

10.

The Role of Interest Rates in Business Cycle Fluctuations in Emerging Market Countries: The Case of Thailand

IMF Working Paper No. 06/110
Number of pages: 24 Posted: 21 Jun 2006
Ivan Tchakarov and Selim Ali Elekdag
International Monetary Fund (IMF) - Asia and Pacific Department and International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 195 (336,730)

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Exchange rate regimes, Global Economy Model (GEM), financial accelerator, balance sheets, Thailand

11.

Does Fintech Increase Bank Risk Taking?

Downloads 180 (362,209)
Citation 2

Does Fintech Increase Bank Risk Taking?

Number of pages: 46 Posted: 18 Jan 2024
Selim Ali Elekdag, Drilona Emrullahu and Sami Ben Naceur
International Monetary Fund (IMF) - Policy Development and Review Department, International Monetary Fund (IMF) and International Monetary Fund (IMF)
Downloads 115 (526,712)
Citation 2

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Fintech, bank risk taking, competition.

Does Fintech Increase Bank Risk Taking?

IMF Working Paper No. 2024/017
Number of pages: 46 Posted: 01 Feb 2024
Selim Ali Elekdag, Drilona Emrullahu and Sami Ben Naceur
International Monetary Fund (IMF) - Policy Development and Review Department, International Monetary Fund (IMF) and International Monetary Fund (IMF)
Downloads 65 (760,717)

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fintech, bank risk taking, competition

12.

Can a Rule-Based Monetary Policy Framework Work in a Developing Country? The Case of Yemen

IMF Working Paper No. 07/6
Number of pages: 30 Posted: 19 Jan 2007
Saade Chami, Selim Ali Elekdag, Todd Schneider and Nabil Ben Ltaifa
International Monetary Fund (IMF), International Monetary Fund (IMF) - Policy Development and Review Department, International Monetary Fund (IMF) and International Monetary Fund (IMF)
Downloads 163 (395,357)

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Monetary policy, Yemen, Republic of, Inflation targeting, Developing countries, Exchange rates, Prices

13.

Balance Sheets, Exchange Rate Policy, and Welfare

IMF Working Paper No. 04/63
Number of pages: 37 Posted: 15 Feb 2006
Selim Ali Elekdag and Ivan Tchakarov
International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF) - Asia and Pacific Department
Downloads 120 (506,742)
Citation 5

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Exchange rate policy, financial accelerator, debt-to-GDP threshold, second-order approximation

14.

What are the Potential Economic Benefits of Enlarging the Gulf Cooperation Council?

IMF Working Paper No. 04/152
Number of pages: 33 Posted: 15 Feb 2006
Saade Chami, Selim Ali Elekdag and Ivan Tchakarov
International Monetary Fund (IMF), International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF) - Asia and Pacific Department
Downloads 116 (520,025)

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regional integration, competition, IMF`s Global Economy Model (GEM)

15.

How Does the Global Economic Environment Influence the Demand for IMF Resources

IMF Working Paper No. 06/239
Number of pages: 35 Posted: 13 Nov 2006
Selim Ali Elekdag
International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 114 (526,890)
Citation 1

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16.

Did Korean Monetary Policy Help Soften the Impact of the Global Financial Crisis of 2008–09?

IMF Working Paper No. 12/5
Number of pages: 47 Posted: 02 Feb 2012
Harun Alp, Selim Ali Elekdag and Subir Lall
Federal Reserve Board, International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF)
Downloads 113 (530,456)

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Economic growth, Economic indicators, Economic models, Economic recession, Exchange rate regimes, Financial crisis, Fiscal policy, Flexible exchange rate policy, Global Financial Crisis 2008-2009, Inflation targeting, Korea, Republic of, Monetary policy, Monetary transmission mechanism

17.

What Drives Credit Growth in Emerging Asia?

IMF Working Paper No. NO.12/43
Number of pages: 43 Posted: 28 Feb 2012
Selim Ali Elekdag and Fei Han
International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF)
Downloads 101 (576,281)

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Rapid Credit Growth, Credit Booms, Emerging Asia, Svar, Bayesian Estimation, Sign Restrictions, Shock Identification, Credit Expansion, Economic Models, Emerging Markets, Flexible Exchange Rates

18.

Weather Shocks and Exchange Rate Flexibility

IMF Working Paper No. 2022/093
Number of pages: 38 Posted: 07 Jun 2022
Selim Ali Elekdag and Maxwell Tuuli
International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF)
Downloads 99 (584,244)

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Exchange rate regimes, Economic growth, Climate change, weather shock, growth impact, regime s, decline in government expenditure growth, peg exchange rate regime, temperature shock, government consumption growth, regime window, Exchange rate arrangements, Exchange rate flexibility, Conventional peg, Exchange rate adjustments, Emerging and frontier financial markets, Global

19.

The Evolution of Asian Financial Linkages: Key Determinants and the Role of Policy

IMF Working Paper No. 12/262
Number of pages: 28 Posted: 30 Nov 2012
Selim Ali Elekdag, Phurichai Rungcharoenkitkul and Yiqun Wu
International Monetary Fund (IMF) - Policy Development and Review Department, Bank for International Settlements (BIS) - Monetary and Economic Department and International Monetary Fund (IMF)
Downloads 98 (588,098)

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Economic integration, Asia, Fiscal policy, financial linkages, macroeconomic policies, beta, global financial crisis, financial markets, equity market, financial crisis, global financial crisis, financial integration, international reserves, contagion, equity markets, stock market, financial contagion, financial market, international capital, global stock market, international capital markets, stock markets, recession, portfolio investment, asian crisis, stock returns, international interest rates, financial deepening, international finance, global stock markets

20.

Fiscal Consolidation in Israel: A Global Fiscal Model Perspective

IMF Working Paper No. 06/253
Number of pages: 33 Posted: 18 Nov 2006
Selim Ali Elekdag, Natan P. Epstein and Marialuz Moreno Badia
International Monetary Fund (IMF) - Policy Development and Review Department, International Monetary Fund (IMF) and International Monetary Fund (IMF)
Downloads 95 (600,017)

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21.

Oil Price Movements and the Global Economy: A Model-Based Assessment

Downloads 83 (652,212)

Oil Price Movements and the Global Economy: A Model-Based Assessment

NBER Working Paper No. w13792
Number of pages: 49 Posted: 13 Feb 2008 Last Revised: 09 Sep 2022
Selim Ali Elekdag, Rene Lalonde, Douglas Laxton, Dirk Muir and Paolo A. Pesenti
International Monetary Fund (IMF) - Policy Development and Review Department, International Monetary Fund (IMF) - Research Department, International Monetary Fund (IMF) - Research Department, Bank of Canada and Federal Reserve Bank of New York
Downloads 80 (675,396)

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Oil Price Movements and the Global Economy: A Model-Based Assessment

CEPR Discussion Paper No. DP6700
Number of pages: 51 Posted: 10 Jun 2008
Selim Ali Elekdag, Rene Lalonde, Dirk Muir, Douglas Laxton and Paolo A. Pesenti
International Monetary Fund (IMF) - Policy Development and Review Department, International Monetary Fund (IMF) - Research Department, Bank of Canada, International Monetary Fund (IMF) - Research Department and Federal Reserve Bank of New York
Downloads 3 (1,386,416)
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DSGE models, Oil prices, World economy

22.

Incorporating Market Information into the Construction of the Fan Chart

IMF Working Paper No. 09/178
Number of pages: 22 Posted: 17 Sep 2009
Prakash Kannan and Selim Ali Elekdag
International Monetary Fund (IMF) and International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 77 (681,204)

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Data analysis, Economic forecasting, Economic growth, Economic models, Forecasting models, Markets, World Economic Outlook

23.

The Diagnostic Financial Accelerator

Downloads 70 (718,555)

The Diagnostic Financial Accelerator

IMF Working Paper No. 2024/132
Number of pages: 53 Posted: 15 Jul 2024
Lahcen Bounader and Selim Ali Elekdag
International Monetary Fund (IMF) and International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 38 (984,280)

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Financial Accelerator, Diagnostic Expectations, Optimal monetary policy, Instrument rules

The Diagnostic Financial Accelerator

Number of pages: 50 Posted: 12 Aug 2024
Lahcen Bounader and Selim Ali Elekdag
International Monetary Fund (IMF) and International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 32 (1,049,778)

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Financial Accelerator, Diagnostic Expectations, Optimal monetary policy, Instrument rules.

24.

Social Spending in Korea: Can it Foster Sustainable and Inclusive Growth?

IMF Working Paper No. 12/250
Number of pages: 22 Posted: 07 Nov 2012
Selim Ali Elekdag
International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 64 (753,845)
Citation 5

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Government expenditures, Korea, Republic of, Social safety nets, Labor market reforms, Economic growth, Korea, growth, social spending, income inequality, fiscal policy, social spending, labor market, labor market reforms, labor market participation, relative poverty, competitive labor market, labor force, temporary workers, gini coefficient, female labor market participation, labor force participation, social safety net, social welfare, inequality indicators, labor supply, labor market dualism, jobs, low-income households, rigid labor market, income equality, temporary employment, dependent variable, paying jobs, labor market policies, reducing inequality, labor costs, active labor, labor m

25.

Das Public Kapital: How Much Would Higher German Public Investment Help Germany and the Euro Area?

IMF Working Paper No. 14/227
Number of pages: 46 Posted: 06 Feb 2015
Selim Ali Elekdag and Dirk Muir
International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF)
Downloads 55 (814,395)

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Public investment, Germany, Euro Area, Demand, Economic growth, Capital productivity, Fiscal policy, Monetary policy, Econometric models, monetary policy accommodation, time-to-build delays, fiscal stimulus, public capital, exchange rate, public consumption, interest rates, government consumption, real interest rates, government spending, fiscal rules, public spending, international monetary fund, monetary union, structural deficit, fiscal policies, monetary economics, price stability, fiscal deficit, economic stabilization, public investment spending, fiscal adjustment, budget constraint, real exchange rate, public debt, monetary authority, central bank, fixed exchange rate, government budg

26.

Trade Linkages, Balance Sheets, and Spillovers: The Germany-Central European Supply Chain

IMF Working Paper No. 13/210
Number of pages: 30 Posted: 28 Oct 2013
Selim Ali Elekdag and Dirk Muir
International Monetary Fund (IMF) - Policy Development and Review Department and International Monetary Fund (IMF)
Downloads 52 (836,913)

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Trade integration, Germany, Czech Republic, Hungary, Poland, Demand, External shocks, Spillovers, Slovakia, vertical integration, vertical specialization, supply chain, fiscal policy, balance sheets, DSGE models

27.

Shock Therapy! What Role for Thai Monetary Policy?

IMF Working Paper No. 12/269
Number of pages: 49 Posted: 19 Dec 2012
Harun Alp and Selim Ali Elekdag
Federal Reserve Board and International Monetary Fund (IMF) - Policy Development and Review Department
Downloads 49 (860,619)

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External shocks, Thailand, Monetary policy, Inflation targeting, Flexible exchange rate policy, Monetary transmission mechanism, Economic models, exchange rate, financial accelerator, Bayesian estimation, DSGE model, global financial crisis, Thai floods, monetary policy, inflation targeting, emerging markets., monetary policy, inflation, exchange rate regime, inflation targeting, exchange rate flexibility, flexible exchange rate, inflation targeting framework, inflation target, flexible exchange rate regime, fixed exchange rate regime, fixed exchange rate, real exchange rate, inflation rate, nominal exchange rate, exchange rate depreciation, nominal interest rate, real interest rates, inflat