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Guidelines for Investing PRG, PRG-HIPC, and CCR Trusts Assets
International Monetary Fund - 2017
On March 22, 2017, the Executive Board adopted the Guidelines for Investing PRG, PRG-HIPC, and CCR Trust Assets (the 'Guidelines') to establish the investment objectives and policies to guide the investment of assets of the PRG, PRG-HIPC, and CCR Trusts (the'Trusts') which are available for...
Persistent link: https://www.econbiz.de/10014408530
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Macrofinance Model of the Czech Economy : Asset Allocation Perspective
International Monetary Fund - 2012
The paper developes a VAR macrofinance model of the Czech economy. It shows that yield misalignments from the yields implied by the macrofinance model partially determine subsequent yield changes over three to nine months. These yield misalignments tend to persist for a number of months. This...
Persistent link: https://www.econbiz.de/10014396906
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Potential Role SDR Diversified Currency Portfolios Central Bank
International Monetary Fund - 1988
This paper compares the SDR in terms of its risk-return characteristics relative to those of its five components and, on this basis, finds that the SDR has performed favorably over the period under review. In addition, several efficient portfolios including the SDR and its components are...
Persistent link: https://www.econbiz.de/10014396007
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Elasticity Optimism
International Monetary Fund - 2009
In most macroeconomic models, the substitutability between domestic and foreign goods is calibrated using aggregated data. This imposes homogeneous elasticities across goods, and the calibration is only valid under this assumption. If elasticities are heterogeneous, the aggregate...
Persistent link: https://www.econbiz.de/10014402215
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When in Peril, Retrench : Testing the Portfolio Channel of Contagion
International Monetary Fund - 2004
investors'' risk aversion affect portfolio decisions and stock prices. Second, we empirically show that, when funds'' returns … are below average, they adjust their holdings toward the average (or benchmark) portfolio. In other words, they tend to …
Persistent link: https://www.econbiz.de/10014402038
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Poverty Reduction and Growth Trust : 2017 Borrowing Agreements with the Bank of Spain, the Government of Japan and the People's Bank of China
International Monetary Fund - 2017
the People's Bank of China (China). The new borrowing agreement with Spain, the amendments to the NPA with Japan, and the …the Poverty Reduction and Growth Trust (PRGT or Trust), has entered into a new borrowing agreement with the Bank of … new NPA with China provide new resources of SDR 450 million, SDR 1.8 billion and SDR 800 million, respectively, to the …
Persistent link: https://www.econbiz.de/10014408739
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Impact of the global crisis on banking sector soundness in Asian low-income countries
Ree, Jack Joo K. - 2011
Persistent link: https://www.econbiz.de/10009425652
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Montenegro Financial Sector Assessment Program : Banking Supervision and Regulation
International Monetary Fund - 2016
) update conducted jointly by the International Monetary Fund (IMF) and World Bank (WB) in September 2015. As agreed with the …
Persistent link: https://www.econbiz.de/10012644630
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COVID-19 : The Regulatory and Supervisory Implications for the Banking Sector
International Monetary Fund - 2020
This note provides a set of high-level recommendations that can guide national regulatory and supervisory responses to the COVID-19 (coronavirus) pandemic and offers an overview of measures taken across jurisdictions to date. The banking sector plays a critical role in mitigating the...
Persistent link: https://www.econbiz.de/10012647142
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Russian Federation Financial Sector Assessment Program : Bank Resolution and Crisis Management Framework
International Monetary Fund - 2016
The experiences of past financial crises have strengthened the Russian bank resolution framework. The resolution … framework has been effective in preserving financial stability. The effectiveness of bank resolution could be improved … public funds. To ensure adequate bank capitalization, a comprehensive review of banks' asset portfolios and collateral …
Persistent link: https://www.econbiz.de/10012246711