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Macroeconomic Models for Adjustment in Developing Countries

Macroeconomic Models for Adjustment in Developing Countries »

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

DOI: http://dx.doi.org/10.5089/9781557752192.071

ISBN: 9781557752192

Keywords: inflation, money stock, money supply, monetary fund, exchange rate

This volume, edited by Mohsin S. Khan, Peter J. Montiel, and Nadeem U. Haque, examines recent IMF-developed empirical macroeconomic models dealing with adjustment and stabilization policies in developing countries....

Monetary Policy in Transition

Monetary Policy in Transition »

Source: Monetary Policy in Transition : The Case of Mongolia

Volume/Issue: 2000/21

Series: IMF Working Papers

Author(s): Torsten Sloek

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2000

ISBN: 9781451843903

Keywords: Money demand, inflation, money supply, money stock

This paper analyzes monetary policy in transition. It examines the dynamics of monetary policy in Mongolia using granger-causality tests for monetary variables and inflation. The paper also analyzes money demand us...

Commodity Prices and Inflation

Commodity Prices and Inflation »

Source: Commodity Prices and Inflation : Evidence from Seven Large Industrial Countries

Volume/Issue: 1989/72

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 1989

ISBN: 9781451958973

Keywords: inflation, inflation rate, money stock, money growth

A two-country theoretical model is presented, showing the effects of monetary, fiscal, and supply-side disturbances on prices of primary commodities and manufactured goods, and on exchange rates. If monetary shocks...

Money Demand in the Netherlands

Money Demand in the Netherlands »

Source: Money Demand in the Netherlands

Volume/Issue: 1991/57

Series: IMF Working Papers

Author(s): Bob Traa

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1991

ISBN: 9781451967166

Keywords: money demand, equation, money stock, money balances, liquidity ratio

This paper analyzes the demand for narrow money balances in the Netherlands. Demand for narrow money balances had increased markedly in relation to GNP in the Netherlands throughout the 1980s. This phenomenon could...

Madagascar: Selected Issues and Statistical Annex

Madagascar: Selected Issues and Statistical Annex »

Source: Madagascar : Selected Issues and Statistical Annex

Volume/Issue: 1996/59

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 July 1996

ISBN: 9781451825213

Keywords: inflation, monetary policy, money stock, real money, money demand

This Selected Issues paper and Statistical Annex analyzes the inflation and monetary policy in Madagascar during the 1990s. The paper highlights that in 1995, Madagascar's inflation performance was somewhat disappo...

Madagascar: Selected Issues and Statistical Annex

Madagascar: Selected Issues and Statistical Annex »

Source: Madagascar : Selected Issues and Statistical Annex

Volume/Issue: 1996/59

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 July 1996

ISBN: 9781451825213

Keywords: inflation, monetary policy, money stock, real money, money demand

This Selected Issues paper and Statistical Annex analyzes the inflation and monetary policy in Madagascar during the 1990s. The paper highlights that in 1995, Madagascar's inflation performance was somewhat disappo...

Modeling Buffer Stock Money

Modeling Buffer Stock Money »

Source: Modeling Buffer Stock Money : An Appraisal

Volume/Issue: 1988/41

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 May 1988

ISBN: 9781451976236

Keywords: money supply, money demand, demand for money, money stock, money balances

The buffer stock role of absorbing temporary discrepancies between purchases and sales is assigned to money because money, being the most liquid of all assets, performs the buffer function best. However, as this pa...

Foreign Currency Deposits

Foreign Currency Deposits »

Source: Foreign Currency Deposits : Implications for Macroeconomic Policies

Volume/Issue: 1991/108

Series: IMF Working Papers

Author(s): Andréas Georgiou

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1991

ISBN: 9781451946352

Keywords: inflation, money stock, foreign currency, real money, price level

This paper discusses the relationship between foreign currency deposits and money, and it shows that the indexation of part of the nominal money supply to the exchange rate, as a result of the presence of foreign c...

Nominal Income Targeting

Nominal Income Targeting »

Source: Nominal Income Targeting : A Critical Evaluation

Volume/Issue: 1991/92

Series: IMF Working Papers

Author(s): Victor Argy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1991

ISBN: 9781451851557

Keywords: money stock, monetary policy, inflation, real interest rate, money demand

This paper evaluates the proposal that government authorities ought to target nominal income. It begins by viewing the literature in some detail. It then undertakes a theoretical analysis of the proposal first for...

Welfare Cost of (Low) Inflation

Welfare Cost of (Low) Inflation »

Source: Welfare Cost of (Low) Inflation : A General Equilibrium Perspective

Volume/Issue: 1998/111

Series: IMF Working Papers

Author(s): Howell Zee

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1998

ISBN: 9781451853445

Keywords: taxation, welfare, general equilibrium, money stock, real money, money balances, money demand

This paper provides general equilibrium estimates of the steady-state welfare gains of lowering inflation from a low level to close to price stability, using an overlapping-generations growth model. Money demand is...