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International Monetary Fund - 1988

This paper considers the demand for various monetary aggregates with a view to assessing their potential roles as intermediate variables for monetary policy. Illustrative estimates using a generalized autoregressive distributed lag model are presented. For M1, the results support an “error...

Persistent link: https://www.econbiz.de/10014396094

Model of the U.S. Current Account

International Monetary Fund - 1988

This paper presents an econometric model of U.S. current account transactions. The model is used to analyze the factors behind the deterioration in the U.S. external position during the 1980s and to examine the sensitivity of the U.S. current account balance to changes in factors which are its...

Persistent link: https://www.econbiz.de/10014396470

Deconstructing the International Business Cycle : Why Does a U.S. Sneeze Give the Rest of the World a Cold?

International Monetary Fund - 2010

The 2008 crisis underscored the interconnectedness of the international business cycle, with U.S. shocks leading to the largest global slowdown since the 1930s. We estimate spillover effects across major advanced country regions in a structural VAR (SVAR) using pre-crisis data. Our new method...

Persistent link: https://www.econbiz.de/10014402644

Maintenance of the gold value of the fund's assets

Gold, Joseph - 1965

Persistent link: https://www.econbiz.de/10000663179

Guidelines for Investing PRG, PRG-HIPC, and CCR Trusts Assets

International Monetary Fund - 2017

On March 22, 2017, the Executive Board adopted the Guidelines for Investing PRG, PRG-HIPC, and CCR Trust Assets (the 'Guidelines') to establish the investment objectives and policies to guide the investment of assets of the PRG, PRG-HIPC, and CCR Trusts (the'Trusts') which are available for...

Persistent link: https://www.econbiz.de/10014408530

Guidelines For Investing PRG, PRG-HIPC, and CCR Trust Assets

International Monetary Fund - 2022

Guidelines for Investing PRG, PRG-HIPC, and CCR Trust Assets (the "Guidelines"), which were adopted on March 22, 2017, were further amended on January 12, 2022, by the Executive Board of the IMF. The Guidelines establish the investment objectives and policies to guide the investment of assets of...

Persistent link: https://www.econbiz.de/10014410919

Maintenance of the Gold Value of the Fund's Assets

International Monetary Fund - 1971

This paper discusses Article IV, Section 8 of the Articles of Agreement which states the requirement of maintenance of the gold value of the IMF's assets. Each member of the IMF is bound to maintain the gold value of the IMF's holdings of the member's currency notwithstanding changes in the par...

Persistent link: https://www.econbiz.de/10014394421

Japan's Household Savings Rate : An Application of the Life-Cycle Hypothesis

International Monetary Fund - 1987

This paper develops and tests a model of Japan’s household savings rate, based on the life-cycle hypothesis that the … primary motive for savings is provision for retirement. The paper shows that Japan’s high household savings rate in recent … decades reflects the positive influence of rapid economic growth, leading to a prolonged retirement period through the wealth …

Persistent link: https://www.econbiz.de/10014395990

Urban and Rural Household Savings in China

International Monetary Fund - 1988

Household savings behavior in China during the past 30 years has been studied by using econometric models with the time …

Persistent link: https://www.econbiz.de/10014396466

Fiscal Transparency, Accountability, and Risk

International Monetary Fund - 2012

This paper surveys that state of fiscal transparency in the wake of the current crisis and looks at what can be done to improve it. It examines the relationship between fiscal transparency and fiscal outcomes; reviews progress in promoting greater fiscal transparency over the past decade; considers...

Persistent link: https://www.econbiz.de/10014410215