Search Results

You are looking at 1 - 10 of 64 items

  • Keyword: interest rates and exchange rates x
Clear All Modify Search
In Which Exchange Rate Models Do Forecasters Trust?

In Which Exchange Rate Models Do Forecasters Trust? »

Source: In Which Exchange Rate Models Do Forecasters Trust?

Volume/Issue: 2011/116

Series: IMF Working Papers

Author(s): Jaewoo Lee , H. Takizawa , and David Hauner

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2011

ISBN: 9781455262397

Keywords: Exchange rate models, exchange rate, exchange rates, current account, interest rate, exchange rate regime, International Finance Forecasting and Simulation,

Using survey data of market expectations, we ask which popular exchange rate models appear to be consistent with expectation formation of market forecasters. Exchange rate expectations are found to be correlated wi...

Monetary Independence in Emerging Markets

Monetary Independence in Emerging Markets »

Source: Monetary Independence in Emerging Markets : Does the Exchange Rate Regime Make a Difference?

Volume/Issue: 2001/1

Series: IMF Working Papers

Author(s): Thomas Philippon , Jeronimo Zettelmeyer , and Eduardo Borensztein

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2001

ISBN: 9781451841633

Keywords: exchange rate regime, exchange rate, domestic interest rates, exchange rates, bond, Monetary Policy, Central Banking, and the Supply of Money and Credit: General,

This paper compares the impact of shocks to U.S. interest rates and emerging market bond spreads on domestic interest rates and exchange rates across several emerging market economies with different exchange rate r...

Inflation Targeting in Dollarized Economies

Inflation Targeting in Dollarized Economies »

Source: Inflation Targeting in Dollarized Economies

Volume/Issue: 2006/157

Series: IMF Working Papers

Author(s): Leonardo Leiderman , Rodolfo Maino , and Eric Parrado

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2006

ISBN: 9781451864175

Keywords: exchange rate, foreign exchange, real exchange rate, Money And Interest Rates, Monetary Policy, Central Banking, And The Supply Of Money And Credit,

The shift to inflation targeting has contributed to the relatively low inflation observed in some emerging market economies although, as noted by many economists, the preconditions required for a successful impleme...

The Impact of Foreign Interest Rateson the Economy

The Impact of Foreign Interest Rateson the Economy »

Source: The Impact of Foreign Interest Rateson the Economy : The Role of the Exchange Rate Regime

Volume/Issue: 2006/37

Series: IMF Working Papers

Author(s): Julian Di Giovanni , and Jay Shambaugh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2006

ISBN: 9781451862973

Keywords: Exchange rate regime, international transmission, exchange rate, inflation, nominal interest rate, Macroeconomic Aspects Of International Trade And Finance,

This paper explores the connection between interest rates in major industrial countries and annual real output growth in other countries. The results show that high large-country interest rates have a contractionar...

The Asia Crisis

The Asia Crisis »

Source: The Asia Crisis : Causes, Policy Responses, and Outcomes

Volume/Issue: 1999/138

Series: IMF Working Papers

Author(s): Andrew Berg

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1999

ISBN: 9781451855968

Keywords: Asia crisis, interest rates and exchange rates, currency crises, balance of payments crises, exchange rate, banking, banking system, exchange rates, foreign exchange

This paper tells the story of the Asian financial crisis by addressing four questions: What were the causes of the crisis, how did the crisis unfold, what were the policy responses, and what have been the outcomes?...

An Oil and Gas Model

An Oil and Gas Model »

Source: An Oil and Gas Model

Volume/Issue: 2007/135

Series: IMF Working Papers

Author(s): Noureddine Krichene

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2007

ISBN: 9781451866995

Keywords: elasticity, exchange rate, impulse response, interest rate, multiplier, gas, oil and gas, oil demand,

This paper formulated a short-run model, with an explicit role for monetary policy, for analyzing world oil and gas markets. The model described carefully the parameters of these markets and their vulnerability to...

The Dynamics of Real Interest Rates, Real Exchange Rates and the Balance of Payments in China: 1980-2002

The Dynamics of Real Interest Rates, Real Exchange Rates and the Balance of Payments in China: 1980-2002 »

Source: The Dynamics of Real Interest Rates, Real Exchange Rates and the Balance of Payments in China : 1980-2002

Volume/Issue: 2003/67

Series: IMF Working Papers

Author(s): Zhongxia Jin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2003

ISBN: 9781451848922

Keywords: exchange rate, foreign exchange, real exchange rate, real interest rate, exchange reserves, Econometric Methods: - Multiple/Simultaneous Equation Models, Money and Interest Rates, Macroeconomic - Aspects of Public Finance, Macroeconomic Policy, and General Outlook

Based on China's experience between 1980 and 2002, a cointegrated vector autoregression model was established to explore the relationships among real interest rates, real exchange rates and balance of payments in C...

Towards Inflation Targeting in Sri Lanka

Towards Inflation Targeting in Sri Lanka »

Source: Towards Inflation Targeting in Sri Lanka

Volume/Issue: 2011/81

Series: IMF Working Papers

Author(s): Ding Ding , Rahul Anand , and Shanaka Peiris

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2011

ISBN: 9781455226078

Keywords: Bayesian Estimation, inflation, central bank, foreign exchange, Money and Interest Rates: Forecasting and Simulation,

This paper develops a practical model-based forecasting and policy analysis system (FPAS) to support a transition to an inflation forecast targeting regime in Sri Lanka. The FPAS model provides a relatively good fo...

Monetary Policy in Hybrid Regimes

Monetary Policy in Hybrid Regimes »

Source: Monetary Policy in Hybrid Regimes : The Case of Kazakhstan

Volume/Issue: 2014/108

Series: IMF Working Papers

Author(s): Natan Epstein , and Rafael Portillo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 June 2014

ISBN: 9781498340724

Keywords: Interest Rate, Money Market, Exchange Rate, central bank, inflation, Forecasting and Simulation, Monetary Policy (Targets, Instruments, and Effects),

This paper analyzes the monetary policy framework in Kazakhstan. The authorities have been successful in containing inflation in the context of a managed exchange rate regime. Over the past two years, the central b...

A Macro-Model Approach to Monetary Policy Analysis and Forecasting for Vietnam

A Macro-Model Approach to Monetary Policy Analysis and Forecasting for Vietnam »

Source: A Macro-Model Approach to Monetary Policy Analysis and Forecasting for Vietnam

Volume/Issue: 2015/273

Series: IMF Working Papers

Author(s): Allan Dizioli , and Jochen M. Schmittmann

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 2015

ISBN: 9781513595665

Keywords: Bayesian Estimation, exchange rate, interest rates, monetary policy rule, central bank, Forecasting and Simulation, Monetary Policy (Targets, Instruments, and Effects),

The paper develops a small New-Keynesian FPAS model for Vietnam. The model closely matches actual data from 2000-2014. We derive an optimal monetary policy rule that minimizes variability of output, inflation, and...