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Can a Rule-Based Monetary Policy Framework Work in a Developing Country? The Case of Yemen

Can a Rule-Based Monetary Policy Framework Work in a Developing Country? The Case of Yemen »

Source: Can a Rule-Based Monetary Policy Framework Work in a Developing Country? The Case of Yemen

Volume/Issue: 2007/6

Series: IMF Working Papers

Author(s): Selim Elekdag , Nabil Ben Ltaifa , Todd Schneider , and Saade Chami

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2007

ISBN: 9781451865707

Keywords: inflation, central bank, money demand, Fiscal and Monetary Policy in Development,

Monetary policy in Yemen is largely rudimentary and ad hoc in nature. The Central Bank of Yemen's (CBY) approach has been based on discretionary targeting of broad money without any clear target to anchor inflation...

Can a Rule-Based Monetary Policy Framework Work in a Developing Country? The Case of Yemen

Can a Rule-Based Monetary Policy Framework Work in a Developing Country? The Case of Yemen »

Volume/Issue: 2007/6

Series: IMF Working Papers

Author(s): Selim Elekdag , Nabil Ben Ltaifa , Todd Schneider , and Saade Chami

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2007

DOI: http://dx.doi.org/10.5089/9781451865707.001

ISBN: 9781451865707

Keywords: inflation, central bank, money demand, Fiscal and Monetary Policy in Development,

Monetary policy in Yemen is largely rudimentary and ad hoc in nature. The Central Bank of Yemen's (CBY) approach has been based on discretionary targeting of broad money without any clear target to anchor inflation...