Showing 1 - 10 of 71
This paper evaluates the performance of two alternative policy rules, a forward-looking rule and a spontaneous adjustment rule, under alternative inflation targets, in terms of output losses in a macroeconomic model, using European Union data. The simulations suggest that forward-looking rules...
Persistent link: https://www.econbiz.de/10014400852
This 2014 Article IV Consultation highlights that after a sharp slowdown in 2013, growth in Mexico is projected to recover to 2.4 percent this year. The strong recovery in the United States in the second quarter of 2014 has triggered a rebound in Mexico’s manufacturing production and...
Persistent link: https://www.econbiz.de/10011244756
This Selected Issues paper for the Republic of Korea focuses on the role of monetary policy in the current context of slowing growth and rising inflation pressures. Korea has not remained immune to the global slowdown, and with the cycle turning downward, the trade-off between inflation and...
Persistent link: https://www.econbiz.de/10011245257
This paper reviews the first five years’ experience with inflation targeting in the United Kingdom. It concludes that inflation performance was not significantly different under inflation targeting than predicted by a VAR model estimated in the period prior to participation in the exchange...
Persistent link: https://www.econbiz.de/10014397913
This Selected Issues paper discusses capital and liquidity regulations in Sweden. It recaps the recent debates on … capital and liquidity buffers, and discusses a way to consider appropriate levels of capital and liquidity buffers in the case … of Sweden. The paper estimates the government’s contingent liabilities from banks by different capital and liquidity …
Persistent link: https://www.econbiz.de/10011244133
This paper seeks to draw lessons for financial sector regulation and supervision and central bank liquidity management …
Persistent link: https://www.econbiz.de/10014410390
This note reviews some concepts of global liquidity and discusses measurement approaches that have been used by various …
Persistent link: https://www.econbiz.de/10014410545
mechanics of liquidity creation, the channels of liquidity transmission, and potential risks going forward …
Persistent link: https://www.econbiz.de/10014410698
developing countries (EMDCs) facing liquidity shortages. In the context of intensified demand for liquidity and heightened global … uncertainty, staff has revisited the 2017 proposal for a new facility to provide liquidity support to the Fund's membership. This … paper proposes the establishment of a new Short-term Liquidity Line (SLL) as a special facility in the General Resources …
Persistent link: https://www.econbiz.de/10014408787
This Technical Note reviews Systemic Liquidity Management in Serbia. The liquidity management framework in Serbia … is generally a function of the quality of the systemic liquidity management by the central bank, the technical capability …
Persistent link: https://www.econbiz.de/10014404436