Narrow search
Showing 1 - 10 of 362
Cover Image
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
Cover Image
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
Cover Image
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
Cover Image
A General Equilibrium Model with Informal Financial Markets
International Monetary Fund - 1991
The paper presents a general equilibrium framework for short-run macroeconomic analysis in a developing country context where controls on interest rates and foreign exchange restrictions lead to the emergence of informal financial markets. The complexity of the model precludes an analytical...
Persistent link: https://www.econbiz.de/10014397805
Cover Image
The Coordination of Domestic Public Debt and Monetary Management in Economies in Transition : Issues and Lessons From Experience
International Monetary Fund - 1994
In economies in transition, the development of financial markets is a common objective linking the monetary and fiscal authorities, while monetary and public debt management cannot be strictly separated. This calls for close coordination of objectives and instruments of monetary and debt...
Persistent link: https://www.econbiz.de/10014398325
Cover Image
Exchange Rate ""Fundamentals"" versus Speculation : The Case of Lebanon
International Monetary Fund - 1988
currency denominated liquidity rather than speculation …
Persistent link: https://www.econbiz.de/10014395846
Cover Image
Managing Financial Risks in indebted Developing Countries
International Monetary Fund - 1989
This paper examines the types of market-related hedging instruments that could potentially be useful to indebted developing countries as they seek to manage the financial risks created by variability of the prices of external assets and commodities. The paper reviews the variability in interest...
Persistent link: https://www.econbiz.de/10014399284
Cover Image
Managing Volatility in Low-Income Countries : The Role and Potential for Contingent Financial Instruments
International Monetary Fund - 2011
The paper examines the case for contingent financial instruments for low-income countries (LICs), from both the market and official sector. These include commodity price hedging instruments, contingent debt instruments (commodity-linked bonds, deferred repayment loans), and natural disaster...
Persistent link: https://www.econbiz.de/10014410218
Cover Image
Aging, Savings, and Pensions in the Group of Seven Countries: 1980-2025
International Monetary Fund - 1989
In the next 30-40 years, past changes in fertility and mortality will lead to a significant increase in the share of the elderly. This study suggests that these demographic trends may lead to a decline in the G-7 private savings rate after 2000, compounding the impact of social expenditure...
Persistent link: https://www.econbiz.de/10014396157
Cover Image
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