Narrow search
Showing 1 - 10 of 482
Cover Image
Economic and Monetary Integration and the Aggregate Demand for Money in the EMS
International Monetary Fund - 1990
Mechanism (ERM) of the European Monetary System can be expressed as a stable function of ERM-wide income, inflation, interest …
Persistent link: https://www.econbiz.de/10014396161
Cover Image
The Dynamics of Money Demand and Prices
International Monetary Fund - 1990
The paper evaluates whether a monetary aggregate can serve as a useful predictor of inflation, using recent … of return variables. However, deviations of M2 from its long-run equilibrium value do not significantly enhance inflation …. Nevertheless, changes in M2 do contain information about future inflation, consistent with the view that the demand for money …
Persistent link: https://www.econbiz.de/10014395786
Cover Image
Wealth, Financial Liberalization, and the Demand for Money in Japan
International Monetary Fund - 1989
This paper presents estimates of a demand function for broad money in Japan. The function explains both secular trends in broad money during the 1970s and 1980s and the sharp decline in the income velocity of broad money during 1986-88. The inclusion of wealth and a measure of the return on...
Persistent link: https://www.econbiz.de/10014395815
Cover Image
Monetary Concepts and Definitions
International Monetary Fund - 1989
This paper examines monetary concepts and definitions. It notes that approaches to monetary analysis, and the concept of money itself, have been undergoing substantial change in many countries due in large part to recent innovation, which has affected financial markets, financial instruments,...
Persistent link: https://www.econbiz.de/10014395823
Cover Image
Monetary Indexation and Revenues from Money Creation : The Case of Iceland
International Monetary Fund - 1990
options are simulated using the framework of the public finance approach to inflation. The simulations focus on the relation … of fiscal deficits to inflation, output growth, and internal and external debt …
Persistent link: https://www.econbiz.de/10014395995
Cover Image
Cash Shortage in the Former Soviet Union
International Monetary Fund - 1994
An unexpected shortage of banknotes emerged during 1992 in the former Soviet Union. The cash shortage is explained by the asymmetry in the monetary union that prevailed, under which one member (the Russian Federation) controlled banknote production while every member could create deposit money....
Persistent link: https://www.econbiz.de/10014398191
Cover Image
Rwanda; Third Review Under the Policy Support Instrument: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director f...
International Monetary Fund (IMF); International … - 2012
This paper presents key findings of the Third Review under the Policy Support Instrument (PSI) in Rwanda. Program performance was broadly satisfactory. All end-June quantitative assessment criteria were met. Structural benchmarks were partially met as the pace of implementation of structural...
Persistent link: https://www.econbiz.de/10011244254
Cover Image
Haiti; Third Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, Requests for Augmentation of Access and Waiver of Nonobservance of Performance...
International Monetary Fund (IMF); International … - 2008
This paper discusses key findings of the Third Review Under the Poverty Reduction and Growth Facility (PRGF) for Haiti. Despite external shocks, program performance was solid in the first half of FY2008, with all but one quantitative performance criteria (PC) met. Most structural conditionality...
Persistent link: https://www.econbiz.de/10011244304
Cover Image
Euro Area Policies; Selected Issues
International Monetary Fund (IMF); International … - 2009
This Selected Issues paper discusses the effectiveness of monetary policy in the euro area in the context of the financial crisis, the need for special resolution regimes for financial institutions in the European Union (EU), and the proposed new EU financial stability arrangements. The paper...
Persistent link: https://www.econbiz.de/10011244389
Cover Image
Bolivia; 2008 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Boli...
International Monetary Fund (IMF); International … - 2009
This 2008 Article IV Consultation highlights that Bolivia’s overall fiscal position has improved in 2008. Booming hydrocarbon and mining exports, together with high remittance inflows, led to a record-high current account surplus and large reserve accumulation, with major pressures on...
Persistent link: https://www.econbiz.de/10011244436