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Advancing the frontiers of monetary policy
Adrian, Tobias (ed.); Laxton, Douglas (ed.);  … - 2018
Inflation-forecast targeting is state of the art for monetary policy. This book explores first principles, including …Part I. The frontiers of monetary policymaking. 1. An overview of inflation-forecast targeting -- Part II. Principles … and practices of inflation-forecast targeting. 2. First principles -- 3. Managing expectations -- 4. Nuts and bolts of a …
Persistent link: https://www.econbiz.de/10011874333
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Neglected Heterogeneity and Dynamics in Cross-Country Savings Regressions
International Monetary Fund - 1999
This paper examines the extent to which conclusions of cross-country studies of private savings are robust to allowing for the possible heterogeneity of savings behavior across countries and the inclusion of dynamics. It shows that neglecting heterogeneity and dynamics can lead to misleading...
Persistent link: https://www.econbiz.de/10014400163
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Aging, Savings, and Pensions in the Group of Seven Countries: 1980-2025
International Monetary Fund - 1989
In the next 30-40 years, past changes in fertility and mortality will lead to a significant increase in the share of the elderly. This study suggests that these demographic trends may lead to a decline in the G-7 private savings rate after 2000, compounding the impact of social expenditure...
Persistent link: https://www.econbiz.de/10014396157
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Pension Reform in Belgium
International Monetary Fund - 1996
This paper reviews the financial implications of aging for the pension system in Belgium during 1995-2050. Our simulations indicate a strong rise in pension expenditure over the next half century, as is the case in other industrialized countries. In Belgium, the problem is particularly acute in...
Persistent link: https://www.econbiz.de/10014396528
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Estimating Potential Output with a Multivariate Filter
International Monetary Fund - 2010
This paper develops a simple model for measuring potential output that uses data on inflation, unemployment, and capacity utilization. We apply the model to 10 countries, in addition to the United States and the euro area. While there is a substantial amount of uncertainty around our estimates,...
Persistent link: https://www.econbiz.de/10014403161
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Italy; Report on the Observance of Standards and Codes: Data Module, Response by the Authorities, and Detailed Assessment Using the Data Quality Assessment Framework (DQAF)
International Monetary Fund (IMF); International … - 2007
This Report on the Observance of Standards and Codes (ROSC) data module provides an assessment of Italy’s macroeconomic statistics against the Special Data Dissemination Standard (SDDS) complemented by an assessment of data quality based on the IMF’s Data Quality Assessment...
Persistent link: https://www.econbiz.de/10011244334
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Kingdom of the Netherlands; Netherlands: Report on the Observance of Standards and Codes: Data Module, Response by the Authorities, and Detailed Assessment Using the Data Quality A...
International Monetary Fund (IMF); International … - 2008
Dutch macroeconomic statistics are generally in accordance with internationally accepted standards and guidelines on concepts and definitions, scope, classification and sectorization, and basis for recording. They are also available with periodicity and timeliness that always meet, and sometimes...
Persistent link: https://www.econbiz.de/10011244383
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Republic of Kazakhstan; Report on the Observance of Standards and Codes: Data Module, Response by the Authorities, and Detailed Assessments Using the Data Quality Assessment Framew...
International Monetary Fund (IMF); International … - 2008
The data quality assessment shows that Kazakhstan is in observance of the Special Data Dissemination Standard, meeting the specifications for coverage, periodicity, timeliness, and the dissemination of advance release calendars. Executive Directors have suggested a set of recommendations that...
Persistent link: https://www.econbiz.de/10011244517
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Malta; Report on the Observance of Standards and Codes: Data Module; Response by the Authorities; and Detailed Assessments Using the Data Quality Assessment Framework
International Monetary Fund (IMF); International … - 2006
The quality of the macroeconomic statistics for Malta has improved significantly in recent years, particularly as a result of the legal and institutional restructuring of the National Statistics Office (NSO). These changes were made in an effort to respond more effectively to the needs of users...
Persistent link: https://www.econbiz.de/10011244564
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Bosnia and Herzegovina; Report on the Observance of Standards and Codes: Data Module, Response by the Authorities, and Detailed Assessment Using the Data Quality Assessment Framewo...
International Monetary Fund (IMF); International … - 2008
Data dissemination practices in Bosnia and Herzegovina meet many of the General Data Dissemination System recommendations for dissemination of macroeconomic statistics in terms of coverage, periodicity, and timeliness. Executive Directors suggest strengthening the mandate of the Bosnia and...
Persistent link: https://www.econbiz.de/10011244747