Similar Search Results

Macroprudential Policy and Bank Systemic Risk: Does Inflation Targeting Matter?

Belkhir, Mohamed - 2023

This paper investigates macroprudential policy effects on bank systemic risk and the role of inflation targeting in such effects. Using bank-level data for 45 countries comprising various monetary and exchange rate regimes, our regime-dependent dynamic panel regression results point to...

Persistent link: https://www.econbiz.de/10015059389

Excess Liquidity and the Effectiveness of Monetary Policy : Evidence from Sub-Saharan Africa

Saxegaard, Magnus - 2006

Intro -- Contents -- I. INTRODUCTION -- II. SOME STYLIZED FACTS ON RESERVE REQUIREMENTS AND EXCESS LIQUIDITY IN AFRICAN … COUNTRIES -- III. MEASUREMENT OF EXCESS LIQUIDITY -- IV. EXCESS BANK LIQUIDITY AND MONETARY POLICY TRANSMISSION MECHANISM -- V …

Persistent link: https://www.econbiz.de/10012691164

ECB Euro Liquidity Lines

Albrizio, Silvia - 2023

Central bank liquidity lines have gained momentum since the global financial crisis as a crosscurrency liquidity … management tool. We provide a complete timeline of the ECB liquidity line announcements and study their signalling and spillback … effects. The announcement of an ECB euro liquidity line decreases the premium paid by foreign agents to borrow euros in FX …

Persistent link: https://www.econbiz.de/10015059508

Credible Commitment to Optimal Escape from a Liquidity Trap; The Role of the Balance Sheet of an Independent Central Bank

Jeanne, Olivier; Svensson, Lars E. O. - International Monetary Fund (IMF) - 2004

its currency and an exchange rate peg. This way, the central bank can implement the optimal escape from a liquidity trap … to escape from a liquidity trap. …

Persistent link: https://www.econbiz.de/10005826442

The Gambia; Demand for Broad Money and Implications for Monetary Policy Conduct

Sriram, Subramanian S. - International Monetary Fund (IMF) - 2009

This paper evaluates the demand for broad money (M2) in The Gambia for January 1988-June 2007. There appears to be a long-run relationship for demand for real M2, but the relationship is not stable. Exogenous output shocks, financial innovation, changes in income velocity, and inadequate data...

Persistent link: https://www.econbiz.de/10008528631

Public Debt, Money Supply, and Inflation; A Cross-Country Study and its Application to Jamaica

Kwon, Goohoon; McFarlane, Lavern; Robinson, Wayne - International Monetary Fund (IMF) - 2006

This paper provides comprehensive empirical evidence that supports the predictions of Sargent and Wallace's (1981) "unpleasant monetarist arithmetic" that an increase in public debt is typically inflationary in countries with large public debt. Drawing on an extensive panel dataset, we find that...

Persistent link: https://www.econbiz.de/10005263906

Inflation Pressures and Monetary Policy Options in Emerging and Developing Countries-A Cross Regional Perspective

Ötker, Inci; Vávra, David; Vázquez, Francisco F.; … - International Monetary Fund (IMF) - 2009

This paper analyzes the monetary policy response to rising inflation in emerging and developing countries associated with the food and oil price shocks in 2007 and the first half of 2008. It reviews inflation developments in a sample of countries covering all regions and a broad range of...

Persistent link: https://www.econbiz.de/10005264056

Inflation Targeting in Georgia; Are We there Yet?

Bakradze, Giorgi; Billmeier, Andreas - International Monetary Fund (IMF) - 2007

This paper evaluates whether Georgia is ready to adopt inflation targeting (IT), a monetary policy framework that several emerging markets have adopted recently. After reviewing selected prerequisites for successfully implementing IT, the paper focuses on whether one specific precondition is in...

Persistent link: https://www.econbiz.de/10005264092

Inflation Targeting in the Context of IMF-Supported Adjustment Programs

Schwartz, Gerd; Rabanal, Pau; Bléjer, Mario I.; Leone, … - International Monetary Fund (IMF) - 2001

This paper argues that the IMF's traditional monetary conditionality-a ceiling on net domestic assets of the central bank and a floor on its net international reserves-should be adapted in IMF-supported adjustment programs with countries which have a framework of explicit inflation targets for...

Persistent link: https://www.econbiz.de/10005264163

Monetary and Exchange Rate Policies in Colombia; Progress and Challenges

Clavijo, Sergio - International Monetary Fund (IMF) - 2004

This paper focuses on monetary and exchange rate policies in Colombia, with particular emphasis on the period 1999-2002, when flotation of the peso and inflation targeting were adopted. We argue, first, in favor of adopting "operational inflation target ranges" and, second, in favor of...

Persistent link: https://www.econbiz.de/10005264192

1
2
3
4
5
6
7
8
9
10
Next
Last