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Monetary and Exchange Rate Policy of Transition Economies of Central and Eastern Europe after the Launch of EMU

Masson, Paul R. - International Monetary Fund (IMF) - 1999

fixed exchange rate regimes, while trend real appreciation makes the combination of low inflation and exchange rate … alternative monetary framework, inflation targeting. …

Persistent link: https://www.econbiz.de/10005771370

Inflation Targeting; What is the Meaning of the Bottom of the Band?

Clifton, Eric V. - International Monetary Fund (IMF) - 1999

This paper investigates the meaning of the bottom of target bands in inflation targeting regimes. It is argued that the … markets about how the authorities will react to a fall in inflation. After first discussing the conceptual issues, the paper …

Persistent link: https://www.econbiz.de/10005605533

The Role of MULTIMOD in the IMF's Policy Analysis

Isard, Peter - International Monetary Fund (IMF) - 2000

This paper describes the basic structure, underlying philosophy, and key behavioral properties of MULTIMOD. It also focuses on several recent applications of macromodels in the IMF’s policy analysis, emphasizing that most questions put forward for analysis with models like MULTIMOD are...

Persistent link: https://www.econbiz.de/10005264275