Narrow search
Showing 1 - 10 of 1,128
Cover Image
Credit Growth and the Effectiveness of Reserve Requirements and Other Macroprudential Instruments in Latin America
International Monetary Fund (IMF); International … - 2012
Over the past decade policy makers in Latin America have adopted a number of macroprudential instruments to manage the procyclicality of bank credit dynamics to the private sector and contain systemic risk. Reserve requirements, in particular, have been actively employed. Despite their...
Persistent link: https://www.econbiz.de/10010878415
Cover Image
The Policy Interest-Rate Pass-Through in Central America
International Monetary Fund (IMF); International … - 2011
inflation targeting regimes. This paper finds that the interest-rate transmission mechanism, or the pass-through of the policy …
Persistent link: https://www.econbiz.de/10009369443
Cover Image
Improving the Monetary Policy Frameworks in Central America
International Monetary Fund (IMF); International … - 2011
frameworks and some have implemented or are moving towards inflation targeting (IT) regimes. Strengthening the monetary policy …
Persistent link: https://www.econbiz.de/10009369451
Cover Image
Managing Financial Crises; Recent Experience and Lessons for Latin America
Kincaid, G. Russell; Collyns, Charles - International Monetary Fund (IMF) - 2003
This paper seeks to draw lessons from the IMF’s experience in handling financial crises around the globe over the past ten years that are relevant to the challenges faced by countries in Latin America, especially in the wake of the recent crisis in Argentina. Experience suggests that...
Persistent link: https://www.econbiz.de/10005824823
Cover Image
Stabilization and Reforms in Latin America; A Macroeconomic Perspective of the Experience Since the 1990s
Belaisch, Agnes; Collyns, Charles; Masi, Paula De; … - International Monetary Fund (IMF) - 2005
This study examines external and domestic influences on Latin America’s economic performance over the past decade and a half. It notes that over the past few years, macroeconomic policies have strengthened and structural reforms have been implemented. Together with a favorable external...
Persistent link: https://www.econbiz.de/10005824870
Cover Image
Monetary Policy Rules for Financially Vulnerable Economies
Morón, Eduardo; Winkelried, Diego - International Monetary Fund (IMF) - 2003
with different degrees of liability dollarization. The paper answers the question of how efficient it is to use inflation …
Persistent link: https://www.econbiz.de/10005769066
Cover Image
Financial Dollarization in Latin America
Rennhack, Robert; Nozaki, Masahiro - International Monetary Fund (IMF) - 2006
provide evidence that FD is a rational response to inflation uncertainty. The paper builds on previous research by finding …
Persistent link: https://www.econbiz.de/10005769133
Cover Image
Any Link Between Legal Central Bank Independence and Inflation? Evidence From Latin America and the Caribbean
Jácome, Luis Ignacio; Vázquez, Francisco F. - International Monetary Fund (IMF) - 2005
panel regressions, we find a negative relationship between legal central bank independence (CBI) and inflation. This result … holds for three alternative measures of CBI and after controlling for international inflation, banking crises, and exchange … fails, however, to find a causal relationship running from CBI to inflation. …
Persistent link: https://www.econbiz.de/10005769257
Cover Image
Adding Latin America to the Global Projection Model
International Monetary Fund (IMF); International … - 2009
This is the fourth of a series of papers that are being written as part of a larger project to estimate a small quarterly Global Projection Model (GPM). The GPM project is designed to improve the toolkit to which economists have access for studying both own-country and cross-country linkages. In...
Persistent link: https://www.econbiz.de/10004999967
Cover Image
Latin American Central Bank Reform; Progress and Challenges
International Monetary Fund (IMF); International … - 2005
reducing inflation from three-digit annual rates in the 1990s to single-digit territory in 2004. The paper also discusses the …
Persistent link: https://www.econbiz.de/10005605076