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Appendix I: Statistical Tables

Appendix I: Statistical Tables »

Source: The European Monetary System : Recent Developments

Series: Occasional Papers

Author(s): Owen Evens , Thomas Mayer , Philip Young , and Horst Ungerer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1986

ISBN: 9780939934799

Keywords: exchange rate, exchange rates, monetary fund, inflation, exchange rate variability

Table 1. Quotas and Ceilings Under the Short-Term Monetary Support and Medium-Term Financial Assistance Facilities...

Appendix II: Legal Texts

Appendix II: Legal Texts »

Source: The European Monetary System : Recent Developments

Series: Occasional Papers

Author(s): Owen Evens , Thomas Mayer , Philip Young , and Horst Ungerer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1986

ISBN: 9780939934799

Keywords: exchange rate, exchange rates, monetary fund, inflation, exchange rate variability

I. Excerpts from Single European Act Preamble … Whereas at their Conference in Paris from 19 to 21 October 1972 the Heads of State or of Government app...

The European Monetary System
			: Recent Developments

The European Monetary System : Recent Developments »

Series: Occasional Papers

Author(s): Owen Evens , Thomas Mayer , Philip Young , and Horst Ungerer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1986

DOI: http://dx.doi.org/10.5089/9780939934799.084

ISBN: 9780939934799

Keywords: exchange rate, exchange rates, monetary fund, inflation, exchange rate variability

This study reviews developments in the European Monetary System from the beginning of 1983 to August 1986; it updates and complements an earlier study prepared by staff members of the International Monetary Fund an...

I Introduction

I Introduction »

Source: The European Monetary System : Recent Developments

Series: Occasional Papers

Author(s): Owen Evens , Thomas Mayer , Philip Young , and Horst Ungerer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1986

ISBN: 9780939934799

Keywords: exchange rate, exchange rates, monetary fund, inflation, exchange rate variability

The European Monetary System (EMS) came into operation in March 1979, in accordance with the Resolution of December 5, 1978 of the European Council, composed of the Heads of State and Government of the then...

II The System and Its Development

II The System and Its Development »

Source: The European Monetary System : Recent Developments

Series: Occasional Papers

Author(s): Owen Evens , Thomas Mayer , Philip Young , and Horst Ungerer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1986

ISBN: 9780939934799

Keywords: exchange rate, exchange rates, monetary fund, inflation, exchange rate variability

This section summarizes the main characteristics and operational elements of the EMS, as laid down in the EMS Agreement, and surveys their evolution in the context of the actual operation of the EMS by the p...

III Exchange Rate Developments

III Exchange Rate Developments »

Source: The European Monetary System : Recent Developments

Series: Occasional Papers

Author(s): Owen Evens , Thomas Mayer , Philip Young , and Horst Ungerer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1986

ISBN: 9780939934799

Keywords: exchange rate, exchange rates, monetary fund, inflation, exchange rate variability

Overview From its inception until 1983 the EMS was characterized by frequent periods of exchange market strain and numerous consequent realignments of central rates among currencies...

IMF Executive Board Concludes 2012 Article IV Consultation with the Russian Federation

IMF Executive Board Concludes 2012 Article IV Consultation with the Russian Federation »

Source: Russian Federation : Staff Report for the 2012 Article IV Consultation

Volume/Issue: 2012/217

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 August 2012

ISBN: 9781475505030

Keywords: inflation, monetary policy, central bank, inflation targeting, gdp deflator

The Russian Federation economy saw growth of about 4 percent and a current account surplus-the result of favorable harvest, high oil prices, and reduced unemployment and inflation. Implementation of structural refo...

Russian Federation
			: Staff Report for the 2012 Article IV Consultation

Russian Federation : Staff Report for the 2012 Article IV Consultation »

Volume/Issue: 2012/217

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 August 2012

DOI: http://dx.doi.org/10.5089/9781475505030.002

ISBN: 9781475505030

Keywords: inflation, monetary policy, central bank, inflation targeting, gdp deflator

The Russian Federation economy saw growth of about 4 percent and a current account surplus-the result of favorable harvest, high oil prices, and reduced unemployment and inflation. Implementation of structural refo...

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...

What Is in Your Output Gap? Unified Framework & Decomposition into Observables

What Is in Your Output Gap? Unified Framework & Decomposition into Observables »

Volume/Issue: 2013/105

Series: IMF Working Papers

Author(s): Michal Andrle

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 May 2013

DOI: http://dx.doi.org/10.5089/9781484399552.001

ISBN: 9781484399552

Keywords: output gap, linear filters, observable decomposition, DSGE, inflation, unemployment, employment, monetary fund, central bank, General,

This paper discusses several popular methods to estimate the ‘output gap’. It provides a unified, natural concept for the analysis, and demonstrates how to decompose the output gap into contributions...