Showing 1 - 5 of 5
This paper outlines a set of financial policies that can help make financial crises less likely in emerging market countries. To justify these policies, the paper first explains what a financial crisis is, the factors that promote a financial crisis and the dynamics of a financial crisis. It...
Persistent link: https://www.econbiz.de/10012470642
This paper examines the international experiences with four basic types of monetary policy regimes: 1) exchange-rate targeting, 2) monetary targeting, 3) inflation targeting, and 4) monetary policy with an implicit but not an explicit nominal anchor. The basic theme that emerges from this...
Persistent link: https://www.econbiz.de/10012471842
four countries -- the U.S., the U.K., Germany, and Japan -- are estimated, and the correlations among their residuals are … which policy in the U.S. and to a lesser extent Japan, drives exchange rates, and policy in Germany and the U.K. reacts. It … consequence. In Japan, interest rates are varied in response to movement in the current-account and relative price levels, and the …
Persistent link: https://www.econbiz.de/10012478199
This paper develops the basis for monetary and exchange rate coordination in Asia as part of a package of monetary integration that could support growth and poverty reduction. This could be achieved directly through coordinated exchange rate stabilization, and indirectly through the implications...
Persistent link: https://www.econbiz.de/10012466959
Persistent link: https://www.econbiz.de/10012470870