Showing 1 - 10 of 3,657
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
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
of this has come through nominal appreciation during the last year. IMF staff welcomed the greater focus on inflation …
Persistent link: https://www.econbiz.de/10011242831
anti-inflation policy that has led to a sharp decline in inflation. To institute a monetary policy framework, a nominal … currency in circulation, conduct more sophisticated tests to assess the relationship between inflation and the monetary …
Persistent link: https://www.econbiz.de/10011242840
The spillovers from the U.S. economy to Canada have been assessed. It uses structural vector autoregressions to analyze the role of financial linkages in real and financial spillovers from the United States to Canada. The implications of Canada’s predictable price level have been...
Persistent link: https://www.econbiz.de/10011243149
This Selected Issues paper analyzes the main determinants of inflation in Mongolia using empirical tests based on a … structural model approach and vector autoregression model, with a view to assessing whether inflation is predominantly affected … components of the inflation dynamics under various exogenous shocks. The paper also addresses the mineral wealth management …
Persistent link: https://www.econbiz.de/10011243934
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
This paper examines the pattern of excess liquidity in sub-Saharan Africa and its consequences for the effectiveness of monetary policy. The paper argues that understanding the consequences of excess liquidity requires quantifying the extent to which commercial bank holdings of excess liquidity...
Persistent link: https://www.econbiz.de/10005826003
This paper proposes a framework to check for consistency between the IMF's standard country surveillance tool, namely medium-term projections of the macroeconomic framework (including the real, fiscal, external, and monetary sectors), and the financial sector. Consistency here entails that the...
Persistent link: https://www.econbiz.de/10005826073
between 2003 and 2008, mainly due to positive risk sentiment, rising inflation and increasingly diversified banking sectors … proliferated and inflation moderated. …
Persistent link: https://www.econbiz.de/10011123851