Browse

You are looking at 1 - 10 of 24 items :

  • Keywords: banking x
  • Keywords: Monetary Policy x
  • Keywords: and the Supply of Money and Credit: General x
Clear All
Financial Dollarization in Latin America1

Financial Dollarization in Latin America1 »

Source: Financial Dollarization in Latin America

Volume/Issue: 2006/7

Series: IMF Working Papers

Author(s): Robert Rennhack , and Masahiro Nozaki

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2006

ISBN: 9781451862676

Keywords: foreign currency, exchange rate, inflation, exchange rate flexibility, real exchange rate, Monetary Policy, Central Banking, and the Supply of Money and Credit: General, Financial Institutions and Services: General,

This paper tests several explanations for financial dollarization (FD), with an emphasis on Latin America. The results provide evidence that FD is a rational response to inflation uncertainty. The paper builds on p...

How Tight Is Too Tight? A Look at Welfare Implications of Distortionary Policies in Uzbekistan

How Tight Is Too Tight? A Look at Welfare Implications of Distortionary Policies in Uzbekistan »

Source: How Tight Is Too Tight? A Look at Welfare Implications of Distortionary Policies in Uzbekistan

Volume/Issue: 2005/239

Series: IMF Working Papers

Author(s): David Grigorian , and Edward Gemayel

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2005

ISBN: 9781451862584

Keywords: financial sector distortions, transition, foreign exchange, banking, inflation, banking sector, bank accounts, Monetary Policy, Central Banking, and the Supply of Money and Credit: General

Since independence in 1991, Uzbekistan has pursued a gradual approach to the transition from planned to market economy. This approach relied heavily on trade controls, directed credit, and large public investments....

Financial Dollarization in Latin America

Financial Dollarization in Latin America »

Volume/Issue: 2006/7

Series: IMF Working Papers

Author(s): Robert Rennhack , and Masahiro Nozaki

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2006

DOI: http://dx.doi.org/10.5089/9781451862676.001

ISBN: 9781451862676

Keywords: foreign currency, exchange rate, inflation, exchange rate flexibility, real exchange rate, Monetary Policy, Central Banking, and the Supply of Money and Credit: General, Financial Institutions and Services: General,

This paper tests several explanations for financial dollarization (FD), with an emphasis on Latin America. The results provide evidence that FD is a rational response to inflation uncertainty. The paper builds on p...

How Tight Is Too Tight? A Look at Welfare Implications of Distortionary Policies in Uzbekistan

How Tight Is Too Tight? A Look at Welfare Implications of Distortionary Policies in Uzbekistan »

Volume/Issue: 2005/239

Series: IMF Working Papers

Author(s): David Grigorian , and Edward Gemayel

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2005

DOI: http://dx.doi.org/10.5089/9781451862584.001

ISBN: 9781451862584

Keywords: financial sector distortions, transition, foreign exchange, banking, inflation, banking sector, bank accounts, Monetary Policy, Central Banking, and the Supply of Money and Credit: General

Since independence in 1991, Uzbekistan has pursued a gradual approach to the transition from planned to market economy. This approach relied heavily on trade controls, directed credit, and large public investments....

Improving the Monetary Policy Frameworks in Central America

Improving the Monetary Policy Frameworks in Central America »

Volume/Issue: 2011/245

Series: IMF Working Papers

Author(s): Stephanie Medina Cas , Alejandro Carrion-Menendez , and Florencia Frantischek

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2011

DOI: http://dx.doi.org/10.5089/9781463923242.001

ISBN: 9781463923242

Keywords: inflation, central bank, price stability, reserve requirements, Monetary Policy, Central Banking, and the Supply of Money and Credit: General,

Several Central American (CADR) countries with independent monetary policies are strengthening their monetary frameworks and some have implemented or are moving towards inflation targeting (IT) regimes. Strengtheni...

Incorporating Financial Stability in Inflation Targeting Frameworks

Incorporating Financial Stability in Inflation Targeting Frameworks »

Volume/Issue: 2011/224

Series: IMF Working Papers

Author(s): Burcu Aydin , and Engin Volkan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2011

DOI: http://dx.doi.org/10.5089/9781463904326.001

ISBN: 9781463904326

Keywords: DSGE, financial accelerator, inflation, central bank, monetary shock, Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data), Financial Markets and the Macroeconomy, Monetary Policy

The global financial crisis has exposed the limitations of a conventional inflation targeting (IT) framework in insulating an economy from shocks, and demonstrated that its rigid application may aggravate the effec...

Inflation Responses to Commodity Price Shocks
			: How and Why Do Countries Differ?

Inflation Responses to Commodity Price Shocks : How and Why Do Countries Differ? »

Volume/Issue: 2012/225

Series: IMF Working Papers

Author(s): R. Gelos , and Yulia Ustyugova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2012

DOI: http://dx.doi.org/10.5089/9781475510249.001

ISBN: 9781475510249

Keywords: pass-through, Phillips curve, central bank, inflationary impact, Open Economy Macroeconomics, Monetary Policy, Central Banking, and the Supply of Money and Credit: General, Macroeconomic Policy, Macroeconomic Aspects of Public Finance

This paper relates the inflationary impact of commodity price shocks across countries to a broad range of structural characteristics and policy frameworks over the period 2001-2010, using several approaches. The an...

Lost in Transmission? The Effectiveness of Monetary Policy Transmission Channels in the GCC Countries

Lost in Transmission? The Effectiveness of Monetary Policy Transmission Channels in the GCC Countries »

Volume/Issue: 2012/191

Series: IMF Working Papers

Author(s): Serhan Cevik , and Katerina Teksoz

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2012

DOI: http://dx.doi.org/10.5089/9781475505399.001

ISBN: 9781475505399

Keywords: Monetary policy transmission, credit channel, structural VAR, monetary transmission, aggregate demand, monetary shocks, Model Construction and Estimation, Monetary Policy, Central Banking, and the Supply of Money and Credit: General

This paper empirically investigates the effectiveness of monetary policy transmission in the Gulf Cooperation Council (GCC) countries using a structural vector autoregressive model. The results indicate that the in...

Monetary Policy Committees, Learning and Communication

Monetary Policy Committees, Learning and Communication »

Volume/Issue: 2010/85

Series: IMF Working Papers

Author(s): Anke Weber

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2010

DOI: http://dx.doi.org/10.5089/9781451982633.001

ISBN: 9781451982633

Keywords: Central bank communication, monetary policy committees, adaptive learning, inflation, central bank, inflation stabilization, inflation rate, Monetary Policy, Central Banking, and the Supply of Money and Credit: General,

This paper considers optimal communication by monetary policy committees in a model of imperfect knowledge and learning. The main policy implications are that there may be costs to central bank communication if the...

Monetary Policy Under EMU
			: Differences in the Transmission Mechanism?

Monetary Policy Under EMU : Differences in the Transmission Mechanism? »

Volume/Issue: 2001/102

Series: IMF Working Papers

Author(s): Benedict Clements , Zenon Kontolemis , and Joaquim Levy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2001

DOI: http://dx.doi.org/10.5089/9781451852615.001

ISBN: 9781451852615

Keywords: Transmission Mechanism, inflation, monetary transmission, central bank, monetary transmission mechanism, Prices, Business Fluctuations, and Cycles: Forecasting and Simulation, Monetary Policy, Central Banking

This study identifies differences in the monetary policy transmission mechanism across the countries in the euro area. It is argued that part of the differences in the response of economic activity to monetary poli...