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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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Criteria of External Sustainability
International Monetary Fund - 1988
This paper analyzes the main conceptual issues that arise in assessing external sustainability with a view toward developing operational criteria for the purposes of multilateral surveillance. The main contribution of the analysis is to show how conditional forecasts of external imbalance may be...
Persistent link: https://www.econbiz.de/10014396367
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Efficiency in Commodity Futures Markets
International Monetary Fund - 1989
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/10014395958
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Oil Wealth and Economic Behavior : Case of Venezuela 1966-1981
International Monetary Fund - 1988
A short-run macroeconomic model is estimated for Venezuela, in order to examine the hypothesis that the availability of oil resources may entail a confidence effect—on perceived future incomes—that influences the expenditure and portfolio behavior of economic agents. Such confidence effect...
Persistent link: https://www.econbiz.de/10014396215
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Some Aspects of Petroleum Product Price Adjustment in the Context of Fund Programs, 1980-1982
International Monetary Fund - 1987
This paper reviews adjustment in oil imports and domestic pricing policies affecting petroleum under Fund-supported programs. The adjustment of countries with Fund-supported programs (during 1980–82) following the two oil price shocks is compared with that of the nonprogram countries, to...
Persistent link: https://www.econbiz.de/10014396481
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Oil Market Developments and Issues
International Monetary Fund - 2005
The discussion in this paper of the causes and consequences of recent oil price increases, and the appropriate policy response, is framed by the volatility and uncertainty that characterize the oil market. Volatile prices arise from supply and demand that are both highly inelastic in the short...
Persistent link: https://www.econbiz.de/10014410102
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Staff Studies for the World Econ Outlook
International Monetary Fund - 1987
This paper reviews the long-term growth performance of the major industrial countries and discusses some of the many factors that have been identified as possible sources of the marked slowdown in growth since the early 1970s. According to the view of different demographic developments across...
Persistent link: https://www.econbiz.de/10014400806
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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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Republic of Tajikistan; Selected Issues and Statistical Appendix
International Monetary Fund (IMF); International … - 2003
This Selected Issues paper and Statistical Appendix examines banking sector developments in the Republic of Tajikistan. The paper estimates quasi-fiscal activities in the energy sector, and provides an assessment of external sector trade and the need for further trade reform. Developments in the...
Persistent link: https://www.econbiz.de/10005825496
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People’s Republic of China; Detailed Assessment Report: IOSCO Objectives and Principles of Securities Regulation
International Monetary Fund (IMF); International … - 2012
This paper discusses a detailed assessment report on the observance of China’s compliance with the International Organization of Securities Commission's objectives and principles of securities regulation. The reform of nontradable shares introduced a market-based pricing system for...
Persistent link: https://www.econbiz.de/10011242961