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Central Bank Credibility and Monetary Policy : Evidence from Small Scale Macroeconomic Model of Indonesia
Tanuwidjaja, Enrico; Meng, Choy Keen - East Asian Bureau of Economic Research (EABER) - 2005
In this paper, we develop a forward-looking small scale macroeconomic model (SSMM) of the Indonesian economy which is potentially useful for carrying out monetary policy analysis. The Batini-Haldane (1999) model is used as the theoretical underpinning for the development of the model along with...
Persistent link: https://www.econbiz.de/10009363899
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Recent Monetary Policy Statement of Bangladesh Bank (July 2009) An Analytical Commentary
Bhattacharya, Debapriya; Khan, Towfiqul Islam - East Asian Bureau of Economic Research (EABER) - 2009
Monetary policy is the process by which the central bank of a country controls the supply of money, the availability of money, and the cost of money or rate of interest, in order to attain a set of objectives oriented towards the growth and stability of the economy. Fiscal policy induced demand...
Persistent link: https://www.econbiz.de/10009365531
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Rediscovering the Role of Developing Countries in GATT before the Doha Round
Ismail, Faizel - East Asian Bureau of Economic Research (EABER) - 2008
Developing countries have been characterized as having played an essentially defensive role in the GATT, unwilling to make tariff concessions, and have focused almost exclusively on securing Special and Differential Treatment concessions. These three perspectives have become part of the...
Persistent link: https://www.econbiz.de/10009363374
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Global Financial Crisis : Implications for Trade and Industrial Restructuring in India
De, Prabir; Neogi, Chiranjib - East Asian Bureau of Economic Research (EABER) - 2010
This paper investigates the impact of global crisis shocks on Indias trade and industry. The estimated results show … that changes in trade composition are positively associated with changes in manufacturing composition in India, controlling …
Persistent link: https://www.econbiz.de/10009363484
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Trade Facilitation and Customs Valuations in India : Identifying the Gaps
Chaturvedi, Sachin - East Asian Bureau of Economic Research (EABER) - 2006
In recent past, India has taken several measures to implement the trade facilitation measures. These have helped the … Customs Valuation (CV) Agreement in India especially in the context of trade facilitation (TF). In this paper, we present … trade regime in India. After interviewing a large number of firms, custom house agents and government officials we found …
Persistent link: https://www.econbiz.de/10009365134
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Asset Market Structures and Monetary Policy in a Small Open Economy
Jung, Yongseung - East Asian Bureau of Economic Research (EABER) - 2010
This paper sets up a canonical new Keynesian small open economy model with nominal price rigidities to explore the impact of habit persistence and exchange rate pass-through on the welfare ranking of alternative monetary policy rules. It identifies three factors that can affect the welfare...
Persistent link: https://www.econbiz.de/10011278052
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Asset Market Structures and Monetary Policy in a Small Open Economy
Jung, Yongseung - East Asian Bureau of Economic Research (EABER) - 2010
This paper sets up a canonical new Keynesian small open economy model with nominal price rigidities to explore the impact of habit persistence and exchange rate pass-through on the welfare ranking of alternative monetary policy rules. It identifies three factors that can affect the welfare...
Persistent link: https://www.econbiz.de/10011278151
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The Role of Macroprudential Policy for Financial Stability in East Asia’s Emerging Economies
Park, Yung Chul - East Asian Bureau of Economic Research (EABER) - 2011
This paper analyzes the role and scope of macroprudential policy in preventing financial instability in the context of East Asian economies. It analyzes the behavior of the housing market in a dynamic setting to identify some of the factors responsible for the volatility of housing markets and...
Persistent link: https://www.econbiz.de/10009653160
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The Role of Macroprudential Policy for Financial Stability in East Asia’s Emerging Economies
Park, Yung Chul - East Asian Bureau of Economic Research (EABER) - 2011
This paper analyzes the role and scope of macroprudential policy in preventing financial instability in the context of East Asian economies. It analyzes the behavior of the housing market in a dynamic setting to identify some of the factors responsible for the volatility of housing markets and...
Persistent link: https://www.econbiz.de/10009653204
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The Role of Macroprudential Policy for Financial Stability in East Asia’s Emerging Economies
Park, Yung Chul - East Asian Bureau of Economic Research (EABER) - 2011
This paper analyzes the role and scope of macroprudential policy in preventing financial instability in the context of East Asian economies. It analyzes the behavior of the housing market in a dynamic setting to identify some of the factors responsible for the volatility of housing markets and...
Persistent link: https://www.econbiz.de/10009653225