Showing 1 - 10 of 1,478
This Selected Issues paper for Belgium evaluates whether price increases in Belgium are excessive. It assesses the household and bank balance sheets and their vulnerability to a slowdown in housing prices, and identifies differences in real estate markets between Belgium and other countries. The...
Persistent link: https://www.econbiz.de/10005825451
weaker linkages bewteen inflation and real credit growth within Europe. While the euro area is the dominant source of …
Persistent link: https://www.econbiz.de/10011242313
inflation, unemployment, government deficit, and GDP growth into a single indicator. In contrast to other indexes, the EPI does …
Persistent link: https://www.econbiz.de/10010990724
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10005591445
This Selected Issues paper on the United Kingdom reviews the IMF's Global Economy Model, which incorporates energy to examine the impact of rising energy prices on the United Kingdom. The model incorporates energy as a final consumption good as well as a primary input in the production process....
Persistent link: https://www.econbiz.de/10005591704
Following a brief review of the recent history of GDP-linked instruments, this paper proposes a set of tools to examine the quantitative properties of GDP-linked warrants. It argues that trigger conditions should be clearly identifiable and payment amounts easily calculable. Based on a design...
Persistent link: https://www.econbiz.de/10005604979
This paper reviews economic stabilization and growth in Portugal during the 1970s. Following a decade of rapid growth with external equilibrium, the Portuguese economy in the early 1970s suffered a series of major shocks. The paper highlights that the problem of managing economic growth with a...
Persistent link: https://www.econbiz.de/10005824861
We describe unique aspects of microstates-they are less diversified, suffer from lumpiness of investment, they are geographically at the periphery and prone to natural disasters, and have less access to capital markets-that may make the current account more vulnerable, penalizing exports and...
Persistent link: https://www.econbiz.de/10005826402
This paper simulates out-of-sample inflation forecasting for Germany, the UK, and the US. In contrast to other studies … that Phillips curves based on ex post output gaps generally improve the accuracy of inflation forecasts compared to an AR(1 …) forecast but that real-time output gaps often do not help forecasting inflation. This raises the question how operationally …
Persistent link: https://www.econbiz.de/10008519495
capita GDP and inflation have positive effects on pass-through, while market volatility has a negative effect. Among …
Persistent link: https://www.econbiz.de/10009203524