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Inflation Dynamics in Mongolia

Inflation Dynamics in Mongolia »

Source: Inflation Dynamics in Mongolia : Understanding the Roller Coaster

Volume/Issue: 2012/192

Series: IMF Working Papers

Author(s): Julia Bersch , Steven Barnett , and Yasuhisa Ojima

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2012

ISBN: 9781475505412

Keywords: aggregate demand, price inflation

Inflation in Mongolia resembles a roller coaster ride with sharp rises and steep drops. Understanding why is critical for formulating and assessing monetary policy. Food prices are found to be a key driver of infla...

Theoretical Aspects of the Design of Fund-Supported Adjustment Programs

Theoretical Aspects of the Design of Fund-Supported Adjustment Programs »

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1987

DOI: http://dx.doi.org/10.5089/9780939934997.084

ISBN: 9780939934997

Keywords: exchange rate, balance of payments, aggregate demand, monetary fund, inflation

This paper was originally prepared for a seminar of the Executive Board of the Fund. In the seminar, Executive Directors expressed a broad range of views with regard to both the adequacy of the Fund's approach to f...

Deflation
			: Determinants, Risks, and Policy Options

Deflation : Determinants, Risks, and Policy Options »

Series: Occasional Papers

Author(s): Taimur Baig , Jörg Decressin , Tarhan Feyzioglu , Manmohan Kumar , and Chris Faulkner-MacDonagh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 June 2003

DOI: http://dx.doi.org/10.5089/9781589062276.084

ISBN: 9781589062276

Keywords: inflation, monetary policy, aggregate demand, money supply, low inflation

Deflation can be costly and difficult to anticipate, and concerns of a generalized decline in prices in both industrial and emerging market economies have increased recently. This paper investigates the causes and...

Fund Conditionality
			: Evolution of Principles and Practices

Fund Conditionality : Evolution of Principles and Practices »

Series: Pamphlet Series

Author(s): Manuel Guitián

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1981

DOI: http://dx.doi.org/10.5089/9781451956467.054

ISBN: 9781451956467

Keywords: balance of payments, monetary fund, aggregate demand, inflation, adjustment process

This paper examines the principles and practices of conditionality as they have evolved and as they are currently applied. The paper discusses the rationale of the concept of conditionality and brings out its theor...

The Implications of Cross-Border Monetary Aggregation

The Implications of Cross-Border Monetary Aggregation »

Source: The Implications of Cross-Border Monetary Aggregation

Volume/Issue: 1992/71

Series: IMF Working Papers

Author(s): Timothy Lane , and Jeroen Kremers

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1992

ISBN: 9781451959789

Keywords: equation, money demand, aggregate demand, measurement error

Some recent studies suggest the possibility of estimating a stable aggregate demand-for-money relationship for the group of countries participating in the European Monetary System. These results are of particular r...

The Stability of the Gold Standard and the Evolution of the International Monetary System

The Stability of the Gold Standard and the Evolution of the International Monetary System »

Source: The Stability of the Gold Standard and the Evolution of the International Monetary System

Volume/Issue: 1995/89

Series: IMF Working Papers

Author(s): Tamim Bayoumi , and Barry Eichengreen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1995

ISBN: 9781451851243

Keywords: aggregate demand, aggregate demand curve, monetary regimes, monetary system

This paper examines some popular explanations for the smooth operation of the pre-1914 gold standard. We find that the rapid adjustment of economies to underlying disturbances played an important role in stabilizin...

Fiscal Adjustment for Stability and Growth

Fiscal Adjustment for Stability and Growth »

Series: Pamphlet Series

Author(s): James Daniel

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 August 2006

DOI: http://dx.doi.org/10.5089/9781589065130.054

ISBN: 9781589065130

Keywords: Economic growth, fiscal policy, fiscal adjustment, expenditure, public expenditure, aggregate demand

The pamphlet (which updates the 1995 Guidelines for Fiscal Adjustment) presents the IMF's approach to fiscal adjustment, and focuses on the role that sound government finances play in promoting macroeconomic stabil...

The Unique Nature of the Responsibilities of the International Monetary Fund

The Unique Nature of the Responsibilities of the International Monetary Fund »

Series: Pamphlet Series

Author(s): Manuel Guitián

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1992

DOI: http://dx.doi.org/10.5089/9781557752284.054

ISBN: 9781557752284

Keywords: monetary fund, balance of payments, monetary system, aggregate demand, world economy

Bretton Woods constituted the first formal international agreement on a code of conduct applicable for economic transactions among countries that had subscribed to it. This pamphlet focuses on only one aspect of th...

GEM
			: A New International Macroeconomic Model

GEM : A New International Macroeconomic Model »

Series: Occasional Papers

Author(s): Tamim Bayoumi , Hamid Faruqee , Douglas Laxton , Philippe Karam , Alessandro Rebucci , Jaewoo Lee , Benjamin Hunt , and Ivan Tchakarov

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 November 2004

DOI: http://dx.doi.org/10.5089/9781589063754.084

ISBN: 9781589063754

Keywords: Economic models, inflation, monetary policy, aggregate demand, monetary fund, oil prices

Over the past two years, the IMF staff has been developing a new multicountry macroeconomic model called the Global Economy Model (GEM). This paper explains why such a model is needed, how GEM differs from its pred...

Economic Implications of German Unification for the Federal Republic and the Rest of the World

Economic Implications of German Unification for the Federal Republic and the Rest of the World »

Source: Economic Implications of German Unification for the Federal Republic and the Rest of the World

Volume/Issue: 1990/85

Series: IMF Working Papers

Author(s): Paul Masson , and Guy Meredith

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1990

ISBN: 9781451954197

Keywords: inflation, monetary policy, aggregate demand, monetary aggregate, real interest rates

The economic effects of German unification are first discussed in the context of a global saving/investment model. Next, simulations of MULTIMOD are presented, suggesting for the FRG an initial increase in long-ter...