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What is Keeping U.S. Core Inflation Low

What is Keeping U.S. Core Inflation Low »

Source: What is Keeping U.S. Core Inflation Low : Insights from a Bottom-Up Approach

Volume/Issue: 2016/124

Series: IMF Working Papers

Author(s): Yasser Abdih , Ravi Balakrishnan , and Baoping Shang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 July 2016

ISBN: 9781498347297

Keywords: Inflation modeling and forecasting, Phillips curve, core goods and services inflation.

Over the past two decades, U.S. core PCE goods and services inflation have evolved differently. Against the backdrop of global concerns of low inflation, we use this trend as motivation to develop a bottom-up model...

The Welfare Implications of Services Liberalization in a Developing Country

The Welfare Implications of Services Liberalization in a Developing Country »

Source: The Welfare Implications of Services Liberalization in a Developing Country : Evidence from Tunisia

Volume/Issue: 2013/110

Series: IMF Working Papers

Author(s): Nizar Jouini , and Nooman Rebei

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2013

ISBN: 9781484367735

Keywords: Liberalization, trade in services and goods, general equilibrium, Bayesian estimation, welfare analysis, trade barriers, elasticity of substitution, imported goods, open economy, General

We propose an integrated method based on a two-sector small open economy dynamic and stochastic general equilibrium model to estimate non-tariff barriers and quantify the impact of services liberalization. The majo...

A Multidimensional Approach to Trade Policy Indicators*

A Multidimensional Approach to Trade Policy Indicators* »

Source: A Multidimensional Approach to Trade Policy Indicators

Volume/Issue: 2018/32

Series: IMF Working Papers

Author(s): Diego Cerdeiro , and Rachel Nam

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 February 2018

ISBN: 9781484342350

Keywords: Foreign direct investment, Trade policy indicators, trade in goods, services trade, trade barriers, General, Country and Industry Studies of Trade

We present and discuss a set of indicators to help assess countries' trade policies. The indicators relate to three policy areas - trade in goods, trade in services, and FDI. Given concerns about the direction of g...

Household Production, Services and Monetary Policy1

Household Production, Services and Monetary Policy1 »

Source: Household Production, Services and Monetary Policy

Volume/Issue: 2012/206

Series: IMF Working Papers

Author(s): Constant Lonkeng Ngouana

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2012

ISBN: 9781475505566

Keywords: Consumer services, DSGE model, Household production, Monetary shock, Nondurable goods, New Keynesian Phillips curve, inflation, monetary shocks, monetary economics, inflation dynamics

A distinctive feature of market-provided services is that some of them have close substitutes at home. Households may therefore switch between consuming home and market services in response to changes in the real w...

Review Of The Fund’s Policy On Multiple Currency Practices: Initial Considerations

Review Of The Fund’s Policy On Multiple Currency Practices: Initial Considerations »

Source: Review Of The Fund's Policy On Multiple Currency Practices : Initial Considerations

Volume: 19

Series: Policy Papers

Author(s): International Monetary Fund. Legal Dept.;International Monetary Fund. Monetary and Capital Markets Department;International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 June 2019

ISBN: 9781498318860

Keywords: Exchange rate policy, Exchange markets, Exchange restrictions, Multiple exchange rates, Exchange rates, foreign exchange markets, foreign investment, free trade, goods and services, multiple currency practices

This paper reviews the Fund's policy on multiple currency practices (MCPs). There remain strong economic and legal reasons to retain a policy on MCPs. The over-arching aim of the review is to make the policy and it...

Review of the Fund’s Policy on Multiple Currency Practices: Initial Considerations—Economic Context and Experiences—Background Paper II

Review of the Fund’s Policy on Multiple Currency Practices: Initial Considerations—Economic Context and Experiences—Background Paper II »

Source: Review Of The Fund's Policy On Multiple Currency Practices : Initial Considerations

Volume: 19

Series: Policy Papers

Author(s): International Monetary Fund. Legal Dept.;International Monetary Fund. Monetary and Capital Markets Department;International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 June 2019

ISBN: 9781498318860

Keywords: Exchange rate policy, Exchange markets, Exchange restrictions, Multiple exchange rates, Exchange rates, foreign exchange markets, foreign investment, free trade, goods and services, multiple currency practices

This paper reviews the Fund's policy on multiple currency practices (MCPs). There remain strong economic and legal reasons to retain a policy on MCPs. The over-arching aim of the review is to make the policy and it...

Review of the Fund’s Policy on Multiple Currency Practices: Initial Considerations—Methodology to Assess Multiple Currency Practices— Background Paper III

Review of the Fund’s Policy on Multiple Currency Practices: Initial Considerations—Methodology to Assess Multiple Currency Practices— Background Paper III »

Source: Review Of The Fund's Policy On Multiple Currency Practices : Initial Considerations

Volume: 19

Series: Policy Papers

Author(s): International Monetary Fund. Legal Dept.;International Monetary Fund. Monetary and Capital Markets Department;International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 June 2019

ISBN: 9781498318860

Keywords: Exchange rate policy, Exchange markets, Exchange restrictions, Multiple exchange rates, Exchange rates, foreign exchange markets, foreign investment, free trade, goods and services, multiple currency practices

This paper reviews the Fund's policy on multiple currency practices (MCPs). There remain strong economic and legal reasons to retain a policy on MCPs. The over-arching aim of the review is to make the policy and it...

IMF Executive Board Reviews Multiple Currency Practices Policy and Considers Reforms

IMF Executive Board Reviews Multiple Currency Practices Policy and Considers Reforms »

Source: Review Of The Fund's Policy On Multiple Currency Practices : Initial Considerations

Volume: 19

Series: Policy Papers

Author(s): International Monetary Fund. Legal Dept.;International Monetary Fund. Monetary and Capital Markets Department;International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 June 2019

ISBN: 9781498318860

Keywords: Exchange rate policy, Exchange markets, Exchange restrictions, Multiple exchange rates, Exchange rates, foreign exchange markets, foreign investment, free trade, goods and services, multiple currency practices

This paper reviews the Fund's policy on multiple currency practices (MCPs). There remain strong economic and legal reasons to retain a policy on MCPs. The over-arching aim of the review is to make the policy and it...

Review of the Fund’s Policy on Multiple Currency Practices: Initial Considerations—Historical Development and Legal Framework of the MCP Policy—Background Paper I

Review of the Fund’s Policy on Multiple Currency Practices: Initial Considerations—Historical Development and Legal Framework of the MCP Policy—Background Paper I »

Source: Review Of The Fund's Policy On Multiple Currency Practices : Initial Considerations

Volume: 19

Series: Policy Papers

Author(s): International Monetary Fund. Legal Dept.;International Monetary Fund. Monetary and Capital Markets Department;International Monetary Fund. Strategy, Policy, & Review Department;International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 June 2019

ISBN: 9781498318860

Keywords: Exchange rate policy, Exchange markets, Exchange restrictions, Multiple exchange rates, Exchange rates, foreign exchange markets, foreign investment, free trade, goods and services, multiple currency practices

This paper reviews the Fund's policy on multiple currency practices (MCPs). There remain strong economic and legal reasons to retain a policy on MCPs. The over-arching aim of the review is to make the policy and it...

Nepal: Selected Issues

Nepal: Selected Issues »

Source: Nepal : Selected Issues

Volume/Issue: 2019/61

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Asia and Pacific Dept

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 February 2019

ISBN: 9781484399781

Keywords: Financial sector development, Development, Intergovernmental fiscal relations, Fiscal policy, Financial sector, fiscal federalism, NRB, federalism, core inflation, subnational

Selected Issues...