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Chapter 1. Main Developments in the World Economy

Chapter 1. Main Developments in the World Economy »

Source: International Monetary Fund Annual Report 1997

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1997

ISBN: 9781451945102

Keywords: inflation, current account, current account balance, central bank, monetary policy

World economic growth continued at about 4 percent in 1996 for the third successive year (Figure 1). Activity picked up in a number of industrial countries, while growth resumed in those developing countries...

Chapter 8. Special Onetime Allocation of SDRs

Chapter 8. Special Onetime Allocation of SDRs »

Source: International Monetary Fund Annual Report 1997

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1997

ISBN: 9781451945102

Keywords: inflation, current account, current account balance, central bank, monetary policy

There has been broad agreement in the Board for some time that the Fund should make a special “equity” allocation of SDRs to correct for the feet that more than one-fifth of members have joined the Fund sinc...

Chapter 10. Technical Assistance and Training

Chapter 10. Technical Assistance and Training »

Source: International Monetary Fund Annual Report 1997

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1997

ISBN: 9781451945102

Keywords: inflation, current account, current account balance, central bank, monetary policy

As economic and financial globalization and the transition to market-oriented policies progress, members’ demand for the Fund’s technical assistance and training services has remained strong. Monetary and fi...

Chapter 2. World Economic Outlook

Chapter 2. World Economic Outlook »

Source: International Monetary Fund Annual Report 1997

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1997

ISBN: 9781451945102

Keywords: inflation, current account, current account balance, central bank, monetary policy

The World Economic Outlook exercise forms an integral part of the Fund’s ongoing surveillance of developments in the world economy and in the Fund’s member countries. For this exercise, the staff generates d...

Data-Rich DSGE and Dynamic Factor Models

Data-Rich DSGE and Dynamic Factor Models »

Source: Data-Rich DSGE and Dynamic Factor Models

Volume/Issue: 2011/216

Series: IMF Working Papers

Author(s): Maxym Kryshko

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2011

ISBN: 9781463903497

Keywords: Data-rich DSGE models, dynamic factor models, Bayesian estimation, inflation, monetary policy, real output, monetary base, monetary economics, Bayesian Analysis, Multiple or Simultaneous Equation Models: Time-Series Models

Dynamic factor models and dynamic stochastic general equilibrium (DSGE) models are widely used for empirical research in macroeconomics. The empirical factor literature argues that the co-movement of large panels o...

Explaining International Comovements of Output and Asset Returns

Explaining International Comovements of Output and Asset Returns »

Source: Explaining International Comovements of Output and Asset Returns : The Role of Money and Nominal Rigidities

Volume/Issue: 1999/84

Series: IMF Working Papers

Author(s): Robert Kollman

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1999

ISBN: 9781451850628

Keywords: Cross-country correlation of output and asset returns, money, nominal rigidities, international transmission of business cycles, money supply, monetary policy, price level, money stock, inflation

Empirically, output and asset returns are highly positively correlated across the United States and the other major industrialized countries. Standard business cycle models that assume flexible prices and wages, in...

The fund in 1996/97

The fund in 1996/97 »

Source: International Monetary Fund Annual Report 1997

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1997

ISBN: 9781451945102

Keywords: inflation, current account, current account balance, central bank, monetary policy

...

The Fund in 1992/93

The Fund in 1992/93 »

Source: International Monetary Fund Annual Report 1993

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1993

ISBN: 9781451944891

Keywords: inflation, balance of payments, monetary policy, monetary fund, world economy

Surveillance Developments over the past year in the world economy, as well as in the international monetary system, have had important consequences for the Fund’s membership and the...

The Global Economy

The Global Economy »

Source: International Monetary Fund Annual Report 1997

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 1997

ISBN: 9781451945102

Keywords: inflation, current account, current account balance, central bank, monetary policy

...

The Global Economy

The Global Economy »

Source: International Monetary Fund Annual Report 1993

Series: Annual Report of the Executive Board

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1993

ISBN: 9781451944891

Keywords: inflation, balance of payments, monetary policy, monetary fund, world economy

Economic Situation The world economy showed a slight recovery in 1992. Activity increased at a modest 1¾ percent, compared with an increase of ½ of 1 percent in 1991. There was a wea...