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1 Estimation of Equilibrium Exchange Rates in the WAEMU: A Robustness Approach, Issues ,, ISSN / Stà phane Roudet, Magnus Saxegaard, Charalambos G. Tsangarides International Monetary Fund, 2007 / Stà phane Roudet, Magnus Saxegaard, Charalambos G. Tsangarides / 2007 / Estimation of Equilibrium Exchange Rates in the WAEMU: A Robustness Approach, Issues ,, ISSN / Using the FEER approach we investigate the long-run equilibrium paths of the real effective exchange rates (REERs) of countries in the West African Economic and Monetary Union (WAEMU). In an attempt to address econometric estimation uncertainty, we employ both single-country (Johansen and ARDL) and panel-data (FMOLS and PMG) cointegration techniques. We find that (i) much of the long-run behavior of REERs in WAEMU countries can be explained by fluctuations in terms of trade, government consumption, investment, and productivity; (ii) the use of different econometric techniques suggests that there is significant uncertainty about the path of the underlying equilibrium REERs and the degree of exchange rate misalignment, which underscores the need for robustness analyses in exchange rate modeling; and (iii) results from panel-data cointegration may sometimes be useful, but should always be complemented with single-country estimations to ensure that the results take into account country-specific characteristics. file download sivuzyw.pdf 24 sivua / Tm paperi tarjoaa pivityksen trkeimmt elementit uudistuksia, jotka koskevat CEMAC kauppajrjestelm sek alustava mrlliseen arviointiin valitut vaikutukset / Kaupan Uudistus CEMAC: Kehityst ja Mahdollisuuksia, Kysymyksi / Kauppa / Keskuu 1, 2007 / Jan Kees Martijn,

2 Charalambos G. Tsangarides pdf-tiedosto Gustavo Ramirez, Charalambos G. Tsangarides / Competitiveness in the CFA Franc Zone, Issues / This paper reviews the evolution of competitiveness in the CFA franc zone using a proposed comprehensive competitiveness framework. In particular, we examine competitiveness in / Competition / 40 pages / Aug 1, 2007 Pierre van den Boogaerde, Charalambos G. Tsangarides / Afrikka, Lnsi - / Jul 1, 2005 / 30 sivua / Kymmenen Vuotta sen Jlkeen, kun CFA: n Frangin Devalvointi: Edistyminen Kohti..., Kysymyksi / Tm paperi arvioidaan saavutuksia kohti yhdentymist Lnsi-Afrikan Talous-ja Rahaliiton (UEMOA) 10 vuotta sen jlkeen, kun vuoden 1994 devalvaatio CFA-frangi. Se ISSN Bayesian statistical decision theory / Charalambos G. Tsangarides / Apr 1, 2004 / A Bayesian Approach to Model Uncertainty, Issues / This paper develops the theoretical background for the Limited Information Bayesian Model Averaging (LIBMA). The proposed approach accounts for model uncertainty by averaging / 21 pages download FEER for the CFA Franc, Issues / 40 pages / Yasser Abdih, Charalambos G. Tsangarides / Foreign exchange rates / We apply the fundamentals equilibrium exchange rate (FEER) approach and the Johansen cointegration methodology to investigate the behavior of the real effective exchange rates / Oct 1, 2006 Estimation Approach, pdf pdf download

3 Mar 1, 2006 / 45 pages / Applying techniques of clustering analysis to a set of variables suggested by the convergence criteria and the theory of optimal currency areas, this paper looks for country / What is Fuzzy About Clustering in West Africa?, Issues / Charalambos G. Tsangarides, Mahvash Saeed Qureshi / Monetary unions Exchange Yritysten ja Kotitalouksien Velka-Ahdinko Latvia / Business & Economics / Tss asiakirjassa tarkastellaan Latvias pyrkimyksi hallita velan kasvu krsimyst johtuvat purkautumiseen luotto puomi ja leviminen alkaen maailmanlaajuisen rahoitus / Apr 1, 2011 / 25 sivua / Magnus Saxegaard, Rouva Michaela Erbenova, Ms Yan Liu / ISBN: / Vahvistaa Kannustimia Markkinoihin Perustuva Lhestymistapa Velan Ptslauselman 2007 / Equilibrium (Economics) / This paper evaluates monetary policy-tradeoffs in low-income countries using a dynamic stochastic general equilibrium (DSGE) model estimated on data for Mozambique taking into / Shanaka J. Peiris, Magnus Saxegaard / An Estimated DSGE Model for Monetary Policy Analysis in..., Issues / 31 pages Alin Mirestean, Mr. Charalambos G. Tsangarides, Huigang Chen / ISBN: / Business & Economics / Bayesian Model Averaging (BMA) provides a coherent mechanism to address the problem of model uncertainty. In this paper we extend the BMA framework to panel data models where / 43 pages / Limited Information Bayesian Model Averaging for Dynamic Panels with Short Time Periods / Apr 1, 2009 Equilibrium Tm paperi yritt tunnistaa vankka kuviot rajat-maa, kasvu kyttytymist koko

4 maailmassa ja Afrikassa. Se tyllist romaani menetelm, joka sislt dynaaminen / On Afrikan Eri? / Kasvu Empirics Alla Malli Epvarmuus / Jan 1, 2005 / 70 sivua / Charalambos G. Tsangarides / Afrikka, This paper develops a small open economy dynamic stochastic general-equilibrium model with macrofinancial linkages. The model includes a financial accelerator--entrepreneurs / Jan 1, 2010 / Magnus Saxegaard, Rahul Anand, Shanaka J. Peiris / 45 pages / An Estimated Model with Macrofinancial Linkages for India / Business & Economics / ISBN: of WAEMU: Dhaneshwar Ghura, Carlos Leite, Charalambos G. Tsangarides / On Kasvua Tarpeeksi? Makrotalouden Politiikan ja Kyhyyden Vhentminen / 39 sivua / Kyhyys / Jul 1, 2002 / paperi tutkii olemassaolon "super pro-poor" politiikkaa-se on politiikkaa, joka vaikuttaa suoraan tuloja kyhille jlkeen osuus on vaikutusta kasvuun. Se On Kysymyksi Excess Liquidity and the Effectiveness of Monetary Policy: Evidence from Sub-Saharan Africa / Africa, Sub-Saharan / May 1, 2006 / 52 pages / This paper examines the pattern of excess liquidity in sub-saharan Africa and its consequences for the effectiveness of monetary policy. The paper argues that understanding the / Magnus Saxegaard Rates , Souvik Gupta, Magnus Saxegaard / Business & Economics / Aug 1, 2009 / 22 pages / During the first half of 2008, Sri Lanka witnessed significantly higher inflation than most other emerging Asian countries. Inflation has since declined amid declining world / Measures of Underlying Inflation in Sri Lanka

5 Exchange Rate Analysis in Support of IMF Surveillance / Exchange rate analysis lies at the center of the IMF's surveillance mandate and policy advice, as well as in the design of IMF-supported programs, and IMF staff are called upon / ISBN: / A Collection of Empirical Studies / Business & Economics / 2008 / Charalambos G. Tsangarides, Carlo Cottarelli, Atish R. Ghosh, Gian-Maria Milesi-Ferretti / 332 pages Robustness Charalambos G. Tsangarides, Michal Hulej, Pierre Ewenczyk / Business & Economics / This paper explores and quantifies several aspects of the performance of currency unions using an augmented version of the gravity model and focusing on two samples, the world / Jan 1, 2006 / 37 pages / Stylized Facts on Bilateral Trade and Currency Unions: Implications for Africa