Browse

You are looking at 1 - 10 of 20 items :

  • United Kingdom x
  • Keywords: exchange x
  • Keywords: inflation x
Clear All
2 Adjustment and Internal-External Balance

2 Adjustment and Internal-External Balance »

Source: Macroeconomic Management : Programs and Policies

Series: Books

Author(s): Chorng-Huey Wong , Mohsin Khan , and Saleh Nsouli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 April 2002

ISBN: 9781589060944

Keywords: inflation, exchange rate, real exchange rate, monetary policy, exchange rates

This chapter provides a framework for determining the appropriate mix of monetary, fiscal, and exchange rate policies for correcting macroeconomic imbalances. It discusses the design of macroeconomic adjustm...

9 Assessment of the Fiscal Balance

9 Assessment of the Fiscal Balance »

Source: Macroeconomic Management : Programs and Policies

Series: Books

Author(s): Chorng-Huey Wong , Mohsin Khan , and Saleh Nsouli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 April 2002

ISBN: 9781589060944

Keywords: inflation, exchange rate, real exchange rate, monetary policy, exchange rates

One of the primary goals of fiscal policy is to contribute to price stabilization in the context of a sustainable balance of payments. 1 To attain this objective, public sector fi...

5 Current Account Sustainability

5 Current Account Sustainability »

Source: Macroeconomic Management : Programs and Policies

Series: Books

Author(s): Chorng-Huey Wong , Mohsin Khan , and Saleh Nsouli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 April 2002

ISBN: 9781589060944

Keywords: inflation, exchange rate, real exchange rate, monetary policy, exchange rates

The current account of the balance of payments is an important variable for policymakers. Deficits in the external current account are the result of the accumulation of net claims of foreigners on residents....

10 Determinants of Nominal Exchange Rates: A Survey of the Literature

10 Determinants of Nominal Exchange Rates: A Survey of the Literature »

Source: Macroeconomic Management : Programs and Policies

Series: Books

Author(s): Chorng-Huey Wong , Mohsin Khan , and Saleh Nsouli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 April 2002

ISBN: 9781589060944

Keywords: inflation, exchange rate, real exchange rate, monetary policy, exchange rates

Traditional models of exchange rate determination have focused on three types of explanatory variables: national price levels, interest rates, and the balance of payments. Although the perception that exchan...

3 Do IMF-Supported Programs Work? A Survey of the Cross-Country Empirical Evidence

3 Do IMF-Supported Programs Work? A Survey of the Cross-Country Empirical Evidence »

Source: Macroeconomic Management : Programs and Policies

Series: Books

Author(s): Chorng-Huey Wong , Mohsin Khan , and Saleh Nsouli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 April 2002

ISBN: 9781589060944

Keywords: inflation, exchange rate, real exchange rate, monetary policy, exchange rates

The IMF plays a central role in the adjustment efforts of its member countries by assisting in the design of appropriate adjustment programs to achieve viability of the balance of payments, price stability,...

Explicit and Implicit Targets in Open Economies

Explicit and Implicit Targets in Open Economies »

Source: Explicit and Implicit Targets in Open Economies

Volume/Issue: 2005/176

Series: IMF Working Papers

Author(s): Silvia Sgherri

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2005

ISBN: 9781451861952

Keywords: Inflation targeting, interest rate rules, exchange rates, inflation, central bank, inflation targeting regime, Money and Interest Rates: General,

Under a flexible inflation targeting regime, should policymakers avoid any reaction to movements in the foreign exchange market? Using data for six advanced open economies explicitly targeting inflation, the paper...

8 Fiscal Policy and Macroeconomic Management

8 Fiscal Policy and Macroeconomic Management »

Source: Macroeconomic Management : Programs and Policies

Series: Books

Author(s): Chorng-Huey Wong , Mohsin Khan , and Saleh Nsouli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 April 2002

ISBN: 9781589060944

Keywords: inflation, exchange rate, real exchange rate, monetary policy, exchange rates

Fiscal policy is defined as the government’s measures to guide and control spending and taxation. The traditional view is that fiscal policy performs three main functions: allocation, distributi...

Explicit and Implicit Targets in Open Economies

Explicit and Implicit Targets in Open Economies »

Volume/Issue: 2005/176

Series: IMF Working Papers

Author(s): Silvia Sgherri

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2005

DOI: http://dx.doi.org/10.5089/9781451861952.001

ISBN: 9781451861952

Keywords: Inflation targeting, interest rate rules, exchange rates, inflation, central bank, inflation targeting regime, Money and Interest Rates: General,

Under a flexible inflation targeting regime, should policymakers avoid any reaction to movements in the foreign exchange market? Using data for six advanced open economies explicitly targeting inflation, the paper...

Price and Monetary Dynamics Under Alternative Exchange Rate Regimes

Price and Monetary Dynamics Under Alternative Exchange Rate Regimes »

Volume/Issue: 1999/67

Series: IMF Working Papers

Author(s): M. Bleaney

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1999

DOI: http://dx.doi.org/10.5089/9781451848885.001

ISBN: 9781451848885

Keywords: Price, exchange rates, money, monetary policy, monetary growth, price inflation, gdp deflator

According to theory, inflation persistence should have less variance across countries under pegged than floating exchange rates, but not necessarily a lower mean. The paper tests this prediction on postwar data for...

Varieties of Monetary Reforms

Varieties of Monetary Reforms »

Volume/Issue: 1994/57

Series: IMF Working Papers

Author(s): Pierre Siklos

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1994

DOI: http://dx.doi.org/10.5089/9781451967326.001

ISBN: 9781451967326

Keywords: central bank, exchange rate, inflation, exchange rate regime

This paper surveys three types of monetary arrangements. It considers how the choice of an exchange rate regime, the degree of central bank independence, or choice of currency unions or boards depends not only on e...