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Monetary and Exchange Rate Policies of the Euro Area

International Monetary Fund - 2000

The economic conditions in the euro area have brightened. Executive Directors commended the policy stance of the European Central Bank. They noted that the exchange rate developments of the euro failed to strengthen the euro area economy, and stressed the need for fiscal discipline, structural...

Persistent link: https://www.econbiz.de/10014401709

Staff Report on the Monetary and Exchange Rate Policies of the Euro Area : Supplement Updating Information on Recent Economic Developments and Policies in the Euro Area; Supplement on EU Trade Policies; Public Information Notice Following Consultation; Two Statements by Representative on the IMF Executive Board for France, on Behalf of Euro-Area and EU Members

International Monetary Fund - 2000

For the time being—and possibly for a considerable time to come—developments and prospects for the euro area are quite favorable. This upbeat outlook is underpinned by buoyant activity indicators and a supportive policy mix. High household and business confidence, rising capacity utilization...

Persistent link: https://www.econbiz.de/10014401965

Staff Report on the Monetary and Exchange Rate Policies of the Euro Area and the Trade Policies of the European Union : Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director on Monetary and Exchange Rate Policies of the Euro Area

International Monetary Fund - 2002

weaker and inflation higher than generally expected. To a large extent, this is the result of a series of unanticipated …

Persistent link: https://www.econbiz.de/10014406355

Monetary and Exchange Rate Policies of the Euro Area : The Euro Area Stability Programs

International Monetary Fund - 2000

This report describes the monetary and exchange rate policies of the euro area and the euro area stability programs. The Stability and Growth Pact presents annual stability programs (SPs), which outlines the medium-term fiscal objectives. The paper provides a preliminary review of the SPs,...

Persistent link: https://www.econbiz.de/10014406861

Monetary and Exchange Rate Policies of the Euro Area

International Monetary Fund - 2001

internal demand, and low inflation. Executive Directors agreed that favorable external developments and sound macroeconomic … wage moderation and set in motion domestic inflation pressures. They emphasized the need to tighten monetary and fiscal …

Persistent link: https://www.econbiz.de/10014407384

Staff Report on the Monetary and Exchange Rate Policies of the Euro Area : Supplement Updating Information on Economic and Financial Developments in the Euro Area; Public Information Notice following Consultation; Statement by the Executive Director on Monetary and Exchange Rate Policies of the Euro Area

International Monetary Fund - 2001

A series of adverse supply and demand shocks have brought the euro area’s three-year expansion to a virtual standstill. Buoyant labor markets, which have been the hallmark of the recovery since 1997, have succumbed only gradually to the slowing of output growth. The slowdown has been pervasive...

Persistent link: https://www.econbiz.de/10014407410

Euro Area : Report on Observance of Standards and Codes Assessment of Observance of the IMF Code of Good Practices on Transparency in Monetary and Financial Policies—Monetary Policy and Payment System Oversight, and the CPSS Core Principles for Systemically Important Payment Systems (Target and the EURO 1 Payment Systems)

International Monetary Fund - 2001

The Euro system maintains a high level of transparency in all aspects of operations, demonstrating a strong institutional commitment to openness and a high degree of observance of the code. Greater consistency in the disclosure practices of individual National Central Banks (NCBs) will ensure...

Persistent link: https://www.econbiz.de/10014407414

Thailand; Selected Issues

International Monetary Fund (IMF); International … - 2008

To estimate the New Keynesian model, we use four key macroeconomic series for Thailand. The priors are chosen to reflect general considerations of the appropriate model dynamics and our judgment about the Thai economy. The model is solved initially so that the baseline forecast replicates staff...

Persistent link: https://www.econbiz.de/10011242710

Monetary and Exchange Rate Policies of the Euro Area : Selected Issues

International Monetary Fund - 2002

’s definition of price stability, and examines the factors determining “the optimal rate of inflation” in the euro area. It reviews … from the interaction between nominal tax systems and inflation. It then goes on to evaluate arguments for maintaining a … small positive inflation rate in the context of the euro area …

Persistent link: https://www.econbiz.de/10014406204

Monetary and Exchange Rate Policies of the Euro Area : Selected Issues

International Monetary Fund - 2001

This Selected Issues paper estimates the potential output and the associated nonaccelerating inflation rate of …

Persistent link: https://www.econbiz.de/10014407409