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Italy : Assessing Competition and Efficiency in the Banking System

International Monetary Fund - 2007

The paper assesses the degree of banking competition and efficiency in Italy?over time as well as compared to that in … other countries, such as France, Germany, Spain, the United Kingdom, and the United States. The paper finds competition in …. The degree of competition falls within the range of estimates for a set of comparator countries. Greater contestability …

Persistent link: https://www.econbiz.de/10014400137

Competition in Indian Banking

International Monetary Fund - 2005

It is widely perceived that competition in the Indian banking sector has increased since the inception of the financial … competitive conditions and earns revenues as if under monopolistic competition …

Persistent link: https://www.econbiz.de/10014400691

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

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

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

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

Competitiveness in the Baltics in the Run-Up to EU Accession

International Monetary Fund - 2003

This paper analyzes competitiveness in the Baltics in the run-up to European Union accession. Several factors appear to have driven movements in equilibrium real exchange rates in the Baltics since the start of the transition process. In the earlier years of transition, price liberalization,...

Persistent link: https://www.econbiz.de/10014407140

Republic of Kazakhstan : Financial Sector Assessment Program Update—Technical Note—Bank Profitability and Competition

International Monetary Fund - 2004

competition in the banking sector. In spite of significant gains in efficiency made in recent years, operational costs and …

Persistent link: https://www.econbiz.de/10014407263

Assessing Competitiveness Using Industry Unit Labor Costs : An Application to Slovakia

International Monetary Fund - 2012

Conceptual ambiguities and statistical weaknesses hamper the assessment of external competitiveness. The term competitiveness, while applied extensively, is often imprecisely defined, which can result in analytical errors and mistaken policy advice. Furthermore, aggregate statistical measures of...

Persistent link: https://www.econbiz.de/10014396613

Interest Rate Volatility and Risk in Indian Banking

International Monetary Fund - 2004

assess the interest rate risk carried by a sample of Indian banks in March 2002. We find evidence of substantial exposure to …

Persistent link: https://www.econbiz.de/10014404135