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policy has a strong and statistically significant impact on broad money, non-oil activity, and inflation in the GCC region …
Persistent link: https://www.econbiz.de/10010878414
This technical note examines the macroprudential policy framework in the Czech Republic. The Czech National Bank (CNB) has been actively developing its macroprudential policy framework for some time, including most recently the establishment of a separate Financial Stability Department. The...
Persistent link: https://www.econbiz.de/10011244175
This Selected Issues paper examines the acceleration of inflation over the past year in Chile, identifying domestic … compares it with alternative policy rules. The paper concludes that Chile’s framework based on an explicit inflation target, a …
Persistent link: https://www.econbiz.de/10011244342
The swift and decisive policy response of Korea has contributed to an impressive economic recovery from the financial turmoil. Executive Directors welcomed the well-calibrated and gradual exit strategy while aiming to achieve strong and sustainable long-term economic growth. Directors welcomed...
Persistent link: https://www.econbiz.de/10011244466
Uruguay has consolidated economic gains, supported by strong macroeconomic policies and a broadly favorable external environment. Growth has exceeded expectations, unemployment has reached record lows, and poverty has continued to fall, while economic vulnerabilities have been significantly...
Persistent link: https://www.econbiz.de/10011244582
The recent global financial crisis has exposed the limitations of a conventional inflation targeting framework in … and inflation. Possible refinements to the inflation targeting framework in Korea were investigated by taking into account … business cycle fluctuations by mitigating the buildup of factors that lead to large fluctuations in output and inflation. …
Persistent link: https://www.econbiz.de/10011244762
ahead. Uruguay’s near-term economic prospects are generally favorable. The main short-term challenge is rising inflation …
Persistent link: https://www.econbiz.de/10011244819
This Selected Issues paper and Statistical Appendix for the Lao People’s Democratic Republic (PDR) review the macroeconomic impact of the resource sector. Lao PDR’s economic performance is becoming increasingly dependent on the activities of the large mining and hydropower...
Persistent link: https://www.econbiz.de/10011244954
policy, with much progress having been made over the last decade. The paper highlights that the adoption of an inflation …
Persistent link: https://www.econbiz.de/10011244992
The paper discusses the purpose, properties, and theoretical foundations of various indicators of inflation and also …
Persistent link: https://www.econbiz.de/10011245099