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Monetary policy in dollarized economies
Baliño, Tomás J. T. (ed.); Bennett, Adam (contributor);  … - International Monetary Fund - 1999
Persistent link: https://www.econbiz.de/10000671075
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External Adjustment and the Strong Yen : Recent Japanese Experience
International Monetary Fund - 1988
rising yen between the fourth quarter of 1985 and the end of 1987. This suggests that Japan’s current account has been … adjusting to the strengthening yen in accordance with established historical relationships—a conclusion that is substantiated by … that the rise in the yen has already made a substantial contribution to correcting Japan’s external imbalance …
Persistent link: https://www.econbiz.de/10014395784
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Macroeconomic Adjustment in a Highly Dollarized Economy : The Case of Cambodia
International Monetary Fund - 2002
Cambodia became dollarized suddenly in the early 1990s, as a result of massive dollar inflows stemming from a postconflict situation. Considering that the amount of dollars in circulation is unusually high, we attempt to estimate the true degree of dollarization empirically. Our results show...
Persistent link: https://www.econbiz.de/10014399652
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Fiscal Rules-Anchoring Expectations for Sustainable Public Finances
International Monetary Fund - 2009
The sharp increase in fiscal deficits and public debt in most advanced and several developing economies has raised concerns about the sustainability of public finances and highlighted the need for a significant adjustment over the medium term. This paper assesses the usefulness of fiscal rules...
Persistent link: https://www.econbiz.de/10014410177
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Following Germany'S Lead : Using International Monetary Linkages to Identify the Effect of Monetary Policyon the Economy
International Monetary Fund - 2005
Forward-looking behavior on the part of the monetary authority leads least squares estimates to understate the true growth consequences of monetary policy interventions. We present instrumental variables estimates of the impact of interest rates on real output growth for several European...
Persistent link: https://www.econbiz.de/10014400699
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Adopting the Euro in Central Europe; Challenges of the Next Step in European Integration
International Monetary Fund (IMF); International … - 2005
derogation from adopting the euro as their currency (that is, each country joining the EU commits to replace its national … currency with the euro, but can choose when to request permission to do so). For most of these countries, adopting the euro … convergence with the rest of the euro area. …
Persistent link: https://www.econbiz.de/10005767345
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Spillovers Through Banking Centers : A Panel Data Analysis
International Monetary Fund - 2000
To test the role of bank lending in transmitting currency crisis we examine a panel of BIS data on bank flows to 30 …
Persistent link: https://www.econbiz.de/10014399830
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Approaches to exchange rate policy : choices for developing and transition economies ; papers presented at the seminar on Exchange Rate Policies in Developing and Transition Econom...
Barth, Richard C. (contributor);  … - International Monetary Fund - 1994
Persistent link: https://www.econbiz.de/10000412854
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Exchange arrangements and exchange restrictions : annual report
International Monetary Fund - Washington, DC : Fund - 1989 - 1998
Persistent link: https://www.econbiz.de/10004167356
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Separate Identification of the Chinese Renminbi in the COFER Survey
International Monetary Fund - 2016
Following the recent Executive Board decisions on the determination of the renminbi (RMB) as a freely usable currency, effective October 1, 2016, and its inclusion in the SDR basket on the same date, STA intends to separately identify the RMB in the survey on Currency Composition of Official...
Persistent link: https://www.econbiz.de/10014408623