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 …

We extend the Global Projection Model (GPM) to include a separate block for China. China plays an important role in …) mean that a separate treatment of China allows for a better consideration of China, as well as how the rest of emerging …

may be accumulating, and tight prudential standards and fiscal measures will be required to tame price inflation. …

Many central banks target an inflation rate near two percent. This essay argues that policymakers would do better to … target four percent inflation. A four percent target would ease the constraints on monetary policy arising from the zero … cost, because four percent inflation does not harm an economy significantly. …

variables move over time and analyzes how they influence macroeconomic variables such as economic growth, inflation, savings and …

This Selected Issues paper estimates both Guatemala’s potential output and output gap using a wide range of … econometric techniques. The analysis suggests that Guatemala’s potential output growth is about 3.5 percent for the whole sample … period and that the output gap is almost closed. Results are highly robust among different methodologies. Among the methods …

policy has a strong and statistically significant impact on broad money, non-oil activity, and inflation in the GCC region …