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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

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

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

This paper examines the dynamics of the foreign exchange market. The first half addresses a number of key questions regarding the forecasts of future exchange rates made by market participants, by means of updated estimates using survey data. Here we follow most of the theoretical and empirical...

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

Recovery and Growth in Transition Economies 1990-1997 : A Stylized Regression Analysis

International Monetary Fund - 1998

This paper analyzes the determinants of growth in 25 transition economies during 1990–97. The paper’s main finding is that macroeconomic stabilization, structural reform, and reduction of government expenditures are key to achieving sustainable growth. Although the initial effect of reforms...

Persistent link: https://www.econbiz.de/10014400100

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

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

Three Attempts At Inflation Forecasting in Pakistan

International Monetary Fund - 2005

leading indicators model in which broad money growth and private sector credit growth help forecast inflation. A univariate …

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

Maintenance of the gold value of the fund's assets

Gold, Joseph - 1965

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

By Laws, Rules and Regulations

International Monetary Fund - 2003

This paper discusses the 59th issue of the By-Laws and Rules and Regulations of the IMF. The By-Laws are adopted under the authority of, and are intended to be complementary to, the Articles of Agreement of the IMF. The Rules and Regulations supplement the Articles of Agreement and the By-Laws...

Persistent link: https://www.econbiz.de/10014405226