This paper summarizes the results of a survey of financial supervisory agencies in IMF member countries conducted in 2007. Responses were received from 140 financial sector supervisors in 103 countries. A majority of these are separate stand-alone agencies, though, a majority of bank supervisors...

This paper explores how prudential regulations can support monetary policy in reducing output fluctuations while maintaining financial stability. It uses a new framework that blends a standard model for monetary policy analysis with a contingent claims model of financial sector vulnerabilities....

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country

Intro -- Contents -- I. INTRODUCTION -- II. A LARGE DIVERSITY OF MONETARY POLICY COMMITTEES -- III. NORMATIVE ISSUES IN MONETARY POLICY COMMITTEE DESIGN -- IV. PREFERENCE AGGREGATION IN MONETARY POLICY COMMITTEES -- V. BELIEF AGGREGATION IN MONETARY POLICY COMMITTEES -- VI. SUMMARY AND...

Intro -- Contents -- I. INTRODUCTION -- II. WHAT IS AN FSR AND WHO PUBLISHES IT? -- III. ASSESSING THE FSRS -- IV. HOW DO EXISTING FSRS COMPARE TO THE PROPOSED CRITERIA? -- V. CONCLUSIONS -- REFERENCES.

Since the early 1990s, the IMF has been advising countries to shift to the use of indirect instruments for executing monetary policy. This paper provides information about a monetary policy instruments database, maintained by the Monetary and Capital Markets Department of the IMF. We offer an...