Browse

You are looking at 1 - 10 of 32 items :

  • IMF Working Papers x
  • Keywords: inflation x
Clear All
Adjustment and Growth in Sub-Saharan Africa1

Adjustment and Growth in Sub-Saharan Africa1 »

Source: Adjustment and Growth in Sub-Saharan Africa

Volume/Issue: 1999/51

Series: IMF Working Papers

Author(s): Dhaneshwar Ghura , Anupam Basu , and Anthony Calamitsis

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 1999

ISBN: 9781451847093

Keywords: growth rates, inflation, real gdp, inflation rates, economic growth

This paper analyzes the factors affecting economic growth in sub-Saharan Africa, using data for 1981–97. The results indicate that per capita real GDP growth is positively influenced by economic policies tha...

Beware of Emigrants Bearing Gifts

Beware of Emigrants Bearing Gifts »

Source: Beware of Emigrants Bearing Gifts : Optimal Fiscal and Monetary Policy in the Presence of Remittances

Volume/Issue: 2006/61

Series: IMF Working Papers

Author(s): Michael Gapen , Thomas Cosimano , and Ralph Chami

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2006

ISBN: 9781451863215

Keywords: Ramsey policies, optimal monetary policy, remittance, money growth, inflation, Financial Markets and the Macroeconomy, International Factor Movements And International Business,

This paper uses a stochastic dynamic general equilibrium model to investigate the influence of countercyclical remittances on the conduct of fiscal and monetary policy and trace their effects on real and nominal va...

Can the IMF's Medium-Term Growth Projections Be Improved?

Can the IMF's Medium-Term Growth Projections Be Improved? »

Source: Can the IMF's Medium-Term Growth Projections Be Improved?

Volume/Issue: 2004/203

Series: IMF Working Papers

Author(s): Juan Zalduendo , and Catia Batista

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2004

ISBN: 9781451874488

Keywords: Model estimation, forecasting, growth, inflation, statistic, terms of trade, inflation rates, Model Construction and Estimation, Forecasting and Other Model Applications, Economic Growth and Aggregate Productivity: General

Numerous reports have noted that the IMF's medium-term growth projections are overly optimistic, raising questions as to how these can be improved. To this end, we estimate a growth model and examine its out-of-sam...

Collection Lags, Fiscal Revenue and Inflationary Financing

Collection Lags, Fiscal Revenue and Inflationary Financing »

Source: Collection Lags, Fiscal Revenue and Inflationary Financing : Empirical Evidence and Analysis

Volume/Issue: 1991/41

Series: IMF Working Papers

Author(s): Nurun Choudhry

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 1991

ISBN: 9781451976373

Keywords: effects of inflation, monetary base, inflation tax, central bank

The paper provides empirical evidence on collection lags in major categories of government revenue and analyzes the estimated revenue-eroding effects of inflation within the standard model of inflationary finance....

The Common Monetary Area in Southern Africa

The Common Monetary Area in Southern Africa »

Source: The Common Monetary Area in Southern Africa : Shocks, Adjustment, and Policy Challenges

Volume/Issue: 2007/158

Series: IMF Working Papers

Author(s): Iyabo Masha , Leighton Harris , Jian-Ye Wang , and Kazuko Shirono

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2007

ISBN: 9781451867220

Keywords: Exchange Rate, Monetary Union, Shocks, Policy Adjustment, inflation, central bank, monetary unions, monetary fund,

This study assesses the experience of the Common Monetary Area (CMA) based on available empirical evidence over the last two decades. It pays particular attention to member countries' adjustment to economic shocks...

Contrasting Monetary Regimes in Africa

Contrasting Monetary Regimes in Africa »

Source: Contrasting Monetary Regimes in Africa

Volume/Issue: 1997/64

Series: IMF Working Papers

Author(s): Patrick Honohan , and Stephen O'Connell

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1997

ISBN: 9781451848526

Keywords: inflation, central bank, monetary financing, foreign exchange

In post-independence sub-Saharan Africa, institutional arrangements for monetary policy have taken a variety of forms, although the historical evolution of many African financial systems has been similar. This pape...

The Effectiveness of Macroeconomic Commitment in Weak(er) Institutional Environments

The Effectiveness of Macroeconomic Commitment in Weak(er) Institutional Environments »

Source: The Effectiveness of Macroeconomic Commitment in Weak(er) Institutional Environments

Volume/Issue: 2010/193

Series: IMF Working Papers

Author(s): Marc Quintyn , and Sophia Gollwitzer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2010

ISBN: 9781455205233

Keywords: Macroeconomic Commitment Institutions, Political-Economic Institutions, inflation, central bank, monetary fund, monetary union, The Effectiveness of Macroeconomic Commitment, Fiscal and Monetary Policy in Development, Capitalist Systems: Political Economy, Other Economic Systems: Other

This paper analyzes the institutional conditions affecting the establishment and effectiveness of independent central banks and of budgetary institutions. It draws on the recent theory developed by North, Wallis an...

Exchange Rate Choices of Microstates

Exchange Rate Choices of Microstates »

Source: Exchange Rate Choices of Microstates

Volume/Issue: 2010/12

Series: IMF Working Papers

Author(s): Patrick Imam

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2010

ISBN: 9781451962000

Keywords: Micro-states, Currency board, Fixed exchange rate, Geweke- Hajivassiliou-Keane Multivariate Simulator, exchange rate, inflation, central bank, Geweke-hajivassiliou-keane Multivariate Simulator,

In this paper we first explain why most microstates (countries with less than 2 million inhabitants) have gained independence only in the last 30 years. Despite the higher costs and risks microstates face, their ab...

Exchange Rate Misalignment

Exchange Rate Misalignment »

Source: Exchange Rate Misalignment : An Application of the Behavioral Equilibrium Exchange Rate (BEER) to Botswana

Volume/Issue: 2006/140

Series: IMF Working Papers

Author(s): Atsushi Iimi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2006

ISBN: 9781451864007

Keywords: exchange rate, inflation, exchange rates, real exchange rate, equilibrium exchange rate, Open Economy Macroeconomics,

Botswana's successive currency devaluations and recent move from a fixed to a crawling peg exchange rate regime raise the question of whether the exchange rate might be misaligned with economic fundamentals. This p...

Fiscal Deficits and Inflation

Fiscal Deficits and Inflation »

Source: Fiscal Deficits and Inflation

Volume/Issue: 2003/65

Series: IMF Working Papers

Author(s): Luis Catão , and Marco Terrones

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2003

ISBN: 9781451848700

Keywords: Macroeconomic Stabilization, price inflation, monetary policy, inflation tax, low inflation, Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General,

Macroeconomic theory postulates that fiscal deficits cause inflation. Yet empirical research has had limited success in uncovering this relationship. This paper reexamines the issue in light of broader data and a n...