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The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
Persistent link: https://www.econbiz.de/10014395945
This paper presents three empirical approaches to forecasting inflation in Pakistan. The preferred approach is a leading indicators model in which broad money growth and private sector credit growth help forecast inflation. A univariate approach also yields reasonable forecasts, but seems less...
Persistent link: https://www.econbiz.de/10014400746
This paper seeks to advance the discussion of monetary policy strategies in several ways. One involves a comparison of targets for nominal GNP and the price level, with emphasis on specificational robustness and implications for output variability. A second pertains to various “indicator”...
Persistent link: https://www.econbiz.de/10014396173
This paper examines the dynamics of the foreign exchange market. The first half addresses a number of key questions regarding the forecasts of future exchange rates made by market participants, by means of updated estimates using survey data. Here we follow most of the theoretical and empirical...
Persistent link: https://www.econbiz.de/10014396182
The Detailed Assessments of the Observance of Standards and Codes on France reviews compliance with Basel Core …. France fulfills all prerequisites for effective payment clearing and settlement systems. Capital markets are large and …
Persistent link: https://www.econbiz.de/10014405966
These Technical Notes on France explain integration of global financial markets. The stress tests for the France … constraints of the approach. Retail activity by foreign banks in France is small, but significant. The financial landscape in … France remains characterized by a large number of idiosyncrasies that affect monetary transmission. Macroeconometric models …
Persistent link: https://www.econbiz.de/10014405967
French government. France has a large and sophisticated financial system, which accounts for 10 percent of the global banking …
Persistent link: https://www.econbiz.de/10014406033
This note provides a report on the Observance of Standards and Codes in France, and provides updates on the …
Persistent link: https://www.econbiz.de/10014410940
The transparency of budget presentation and the accountability to parliament have been improved. A clear view has been provided of the implementation of the objectives of the previous fiscal year for the central government. An annex to the budget showed cost-sharing contributions, which were...
Persistent link: https://www.econbiz.de/10014410941
This 2002 Article IV Consultation highlights that the economy of France is facing a fast-approaching demographic …
Persistent link: https://www.econbiz.de/10014406346