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model embodies the key principle that, in an inflation-targeting framework, the role of monetary policy is to provide an … anchor for inflation and inflation expectations. The development and calibration of this model is an ongoing process. …
Persistent link: https://www.econbiz.de/10011245389
This selected issues paper on Indonesia was prepared by a staff team of the International Monetary Fund as background … the views of the government of Indonesia or the Executive Board of the IMF. …
Persistent link: https://www.econbiz.de/10011243208
government bonds and Short-term Bank Indonesia certificates (SBIs). The financial and corporate sectors were resilient to the …
Persistent link: https://www.econbiz.de/10011244867
Several years of high inflation rates have negatively affected economic conditions in Angola. Macroeconomic …
Persistent link: https://www.econbiz.de/10005824891
inflation. The authorities need to take steps to encourage foreign direct investment, to make good on their plans for …
Persistent link: https://www.econbiz.de/10005824909
This Selected Issues paper takes a close look at the proximate determinants and short-term dynamics of inflation in … Switzerland. It identifies salient features of the inflation experience in Switzerland. The paper uses a wage-price model to gauge … the sensitivity of inflation to the business cycle and the exchange rate. The findings suggest that underlying inflation …
Persistent link: https://www.econbiz.de/10005825084
This 2003 Article IV Consultation highlights that the macroeconomic developments in the Russian Federation remained generally strong, with a third consecutive year of considerable GDP growth, fiscal surplus, and large current account surplus. The economy continues to benefit from the earlier...
Persistent link: https://www.econbiz.de/10005825217
This 2004 Article IV Consultation highlights that Israel’s economic recovery is under way after a prolonged recession. Growth is being supported by more favorable global economic conditions, an improvement in the security situation, and appropriate policies, which have included tightening...
Persistent link: https://www.econbiz.de/10005825350
impact of monetary and exchange rate policies on inflation, including the nature of the lags involved. It reviews …
Persistent link: https://www.econbiz.de/10005825354
This Selected Issues paper analyzes inflation in Norway with a view to shedding light on this surprising development … and the possible near-term course of inflation, using statistical and econometric analyses. The paper reviews recent … developments of monetary policy and inflation in Norway, applies statistical and econometric tools to identify factors influencing …
Persistent link: https://www.econbiz.de/10005825365