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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

Cape Verde : Selected Issues

International Monetary Fund - 2008

This Selected Issues paper examines macroeconomic challenges for a highly tourism-based economy such as Cape Verde. The …

Persistent link: https://www.econbiz.de/10014406817

Tourism in East Caribbean Countries

International Monetary Fund - 1988

This paper studies recent developments in tourism in the East Caribbean countries (ECC) and reviews government policies … to support tourism. The paper also presents a model to explain the movements of tourist arrivals to the region during …