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Switzerland; 2004 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Switzerland
International Monetary Fund (IMF); International … - 2004
. Unemployment has risen, but at 4 percent is low by international standards. Inflation remains negligible and the current account is …
Persistent link: https://www.econbiz.de/10005252940
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The Dynamics of Money Demand and Prices
International Monetary Fund - 1990
The paper evaluates whether a monetary aggregate can serve as a useful predictor of inflation, using recent … of return variables. However, deviations of M2 from its long-run equilibrium value do not significantly enhance inflation …. Nevertheless, changes in M2 do contain information about future inflation, consistent with the view that the demand for money …
Persistent link: https://www.econbiz.de/10014395786
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Monetary Policy in the Philippines During Periods of Financial Crisis and Changes in Exchange Rate Regime : Targets, Instruments, and the Stability of Money Demand
International Monetary Fund - 1989
This paper examines some of the key issues in the conduct of Philippine monetary policy since 1984, including the various shocks to the economy and the monetary authorities’ choice of intermediate policy targets and instruments used to achieve those targets. Against this background, estimates...
Persistent link: https://www.econbiz.de/10014396098
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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
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Angola; Selected Issues and Statistical Appendix
International Monetary Fund (IMF); International … - 2003
Several years of high inflation rates have negatively affected economic conditions in Angola. Macroeconomic …
Persistent link: https://www.econbiz.de/10005824891
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Islamic State of Afghanistan; First Review Under the Staff-Monitored Program
International Monetary Fund (IMF); International … - 2004
This paper assesses the First Review Under the Staff-Monitored Program (SMP) for Afghanistan. The authorities have met all of the indicative quantitative targets set out under the SMP and all the structural benchmarks, except the benchmark on licensing of commercial banks, which was only partly...
Persistent link: https://www.econbiz.de/10005825122
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Democratic Republic of the Congo; Selected Issues and Statistical Appendix
International Monetary Fund (IMF); International … - 2005
impact of monetary and exchange rate policies on inflation, including the nature of the lags involved. It reviews …
Persistent link: https://www.econbiz.de/10005825354
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Vietnam; Selected Issues
International Monetary Fund (IMF); International … - 2003
This Selected Issues paper reviews Vietnam's inflation dynamics, trade regime, performance, and external …
Persistent link: https://www.econbiz.de/10005825537
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Financial Sector Reforms and Monetary Policy
International Monetary Fund (IMF); International … - 1991
In recent years a number of countries have undertaken far-reaching reforms of their financial sectors. Generally speaking, financial sector reforms aim at achieving greater flexibility of interest rates, an enhanced role for market forces in credit allocation, increased independence for the...
Persistent link: https://www.econbiz.de/10005826634
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The Payments Systems Reforms and Monetary Policy in Emerging Market Economies in Central and Eastern Europe
International Monetary Fund (IMF); International … - 1994
The paper discusses the interrelationships between payments system reform and monetary policy implementation in selected countries in Central and Eastern Europe. The reforms in the payments system are viewed as closely interrelated with the development of money and foreign exchange markets and...
Persistent link: https://www.econbiz.de/10005826638