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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

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

Money Demand in the United States

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

Three Attempts At Inflation Forecasting in Pakistan

International Monetary Fund - 2005

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 suited to capturing turning points. A vector autoregressive (VAR …

Persistent link: https://www.econbiz.de/10014400746

Statement by the Managing Director on the Independent Evaluation Office Report on Self-Evaluation at the IMF : An IEO Assessment

International Monetary Fund - 2015

The thrust of the report's recommendations to strengthen the institutional framework for self-evaluation, adapt it over … time to changing circumstances, and better disseminate lessons from self-evaluation are well taken. I believe, however …

Persistent link: https://www.econbiz.de/10014408591

Statement by the Managing Director on the Independent Evaluation Office Report on IMF Exchange Rate Policy Advice : Revisiting the 2007 IEO Evaluation

International Monetary Fund - 2017

I would like to thank the Independent Evaluation Office (IEO) for preparing this informative and timely report, which …

Persistent link: https://www.econbiz.de/10014408636

Statement by the Managing Director on the Independent Evaluation Office Report on Recurring Issues from a Decade of Evaluation : Lessons for the IMF

International Monetary Fund - 2014

The Managing Director welcomes the IEO's novel report, which identifies recurring issues from past evaluations and assesses progress in addressing them. The report's focus on organizational silos, attention to risks and uncertainty, country and institutional context, evenhandedness, and...

Persistent link: https://www.econbiz.de/10014410568

The Chair's Summing Up Independent Evaluation Office : IMF advice on Capital Flows Executive Board Meeting 20/93 September 18, 2020

International Monetary Fund - 2020

Executive Directors welcomed the report of the Independent Evaluation Office (IEO) on IMF Advice on Capital Flows …

Persistent link: https://www.econbiz.de/10014408881

Exchange Rate Forecasting Techniques, Survey Data, and Implications for the Foreign Exchange Market

International Monetary Fund - 1990

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

Exchange Rate Forecasting Techniques, Survey Data, and Implications for the Foreign Exchange Market

International Monetary Fund - 1990

regarding the forecasts of future exchange rates made by market participants, by means of updated estimates using survey data …

Persistent link: https://www.econbiz.de/10014396182

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