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Shotgun Wedding : Fiscal and Monetary Policy
Bassetto, Marco - 2020
interest rates by critically surveying theories about (a) optimal anticipated inflation, (b) optimal unanticipated inflation …
Persistent link: https://www.econbiz.de/10012481961
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The Conduct of Domestic Monetary Policy
Gordon, Robert J. - 1983
income growth will be divided between inflation and output growth, as well as "velocity" constraints that influence the path …-equation approach to the econometric problem of predicting how changes in nominal GNP growth will be divided between inflation and real … GNP growth. The results from the equation estimated through 1980 are used to examine the behavior of inflation during the …
Persistent link: https://www.econbiz.de/10012477878
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Singapore : 2021 Article IV consultation : press release; staff report; and statement by the Executive Director for Singapore
Internationaler Währungsfonds - 2021
Singapore entered the COVID-19 pandemic with sizable policy space and robust economic policy frameworks, yet facing …
Persistent link: https://www.econbiz.de/10012604417
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Argentina : ex-post evaluation of exceptional access under the 2018 stand-by arrangement : press release and staff report
Internationaler Währungsfonds - 2021
On June 20, 2018, the Executive Board approved the largest stand-by arrangement in the Fund's history, in support of Argentina's 2018-21 economic program. After an augmentation in October 2018, access under the arrangement amounted to USD 57 billion (1,227 percent of Argentina's IMF quota). The...
Persistent link: https://www.econbiz.de/10013169527
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Republic of Mozambique : technical assistance report : inflation targeting and model-based monetary policy analysis
Internationaler Währungsfonds - 2021
The purpose of the mission was to improve the understanding of the conduct of monetary policy in an inflation targeting …
Persistent link: https://www.econbiz.de/10012516441
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Inflation and Exchange Rate Targeting Challenges Under Fiscal Dominance
Ahmed, Rashad - 2019
, we document several potential fiscal dominance effects during 2000-2017 under Inflation Targeting (IT), and non …
Persistent link: https://www.econbiz.de/10012479945
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Escaping from a Liquidity Trap and Deflation : The Foolproof Way and Others
Svensson, Lars E.O. - 2003
Existing proposals to escape from a liquidity trap and deflation, including my Foolproof Way,' are discussed in the … conclude that the Foolproof Way is likely to work well for Japan, which is in a liquidity trap now, as well as for the euro …
Persistent link: https://www.econbiz.de/10012468499
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Understanding the Fiscal Theory of the Price Level
Christiano, Lawrence J. - 2000
Persistent link: https://www.econbiz.de/10012471099
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New-Keynesian Economics : An AS-AD View
Benigno, Pierpaolo - 2009
A simple New-Keynesian model is set out with AS-AD graphical analysis. The model is consistent with modern central banking, which targets shortterm nominal interest rates instead of money supply aggregates. This simple framework enables us to analyze the economic impact of productivity or markup...
Persistent link: https://www.econbiz.de/10012463823
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Pricing-to-Market, the Interest-Rate Rule, and the Exchange Rate
Obstfeld, Maurice - 2006
Even when the exchange-rate plays no expenditure-switching role, countries may wish to have flexible exchange rates in order to free the domestic interest rate as a stabilization tool. In a setting with nontraded goods, exchange-rate movements may also enhance international risk sharing
Persistent link: https://www.econbiz.de/10012465961