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slowing growth and rising inflation pressures. Korea has not remained immune to the global slowdown, and with the cycle … turning downward, the trade-off between inflation and growth is deteriorating. Subprime-related turbulences in financial …
Persistent link: https://www.econbiz.de/10011245257
as financial depth and integration were also relevant. Finally, countercyclical monetary policy and liquidity played a …
Persistent link: https://www.econbiz.de/10008519493
The Gambia is to become an inflation targeter lite. …
Persistent link: https://www.econbiz.de/10008528631
Interest rates in China comprise a mix of both market determined interest rates (interbank rates and bond yields), and … regulated interest rates (lending and deposit rates), reflecting China's gradual process of interest rate liberalization. We …
Persistent link: https://www.econbiz.de/10008528670
This selected issues paper on Indonesia was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on August 21, 2012. The views expressed...
Persistent link: https://www.econbiz.de/10011243208
This paper examines the long-run relationship between consumer price index industrial workers (CPI-IW) inflation and …, there is a negative long-run relationship between inflation and economic growth in India. We also find statistically …-significant inflation-growth threshold effects in the case of states with persistently-elevated inflation rates of above 5.5 percent. This …
Persistent link: https://www.econbiz.de/10011142122
its currency and an exchange rate peg. This way, the central bank can implement the optimal escape from a liquidity trap …, which involves a commitment to higher future inflation. This commitment mechanism works even though, realistically, the … to escape from a liquidity trap. …
Persistent link: https://www.econbiz.de/10005826442
This Selected Issues Paper focuses on the economic and financial ties between Poland and the euro area and analyzes the associated spillovers. It documents stylized facts about trade, vertical integration, foreign direct investment, and banking system linkages between Poland and core euro area...
Persistent link: https://www.econbiz.de/10011242491
monetary and fiscal policy, however, could help improve the inflation-output variability trade-off. The fiscal rule is designed … of the fiscal policy changes the inflation-output variability trade-off in Iceland, the paper compares the efficiency …
Persistent link: https://www.econbiz.de/10011244896
The report gives details of the economic analysis for the implementation of Chile's inflation targeting framework. It … reviews the current state of liquidity in the Chilean fixed-income markets and developments and impediments to the supply of …
Persistent link: https://www.econbiz.de/10011244929