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Back Matter

Back Matter »

Source: A Review of the Fiscal Impulse Measure

Series: Occasional Papers

Author(s): Ahsan Mansur , Richard Haas , and Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 May 1986

ISBN: 9780939934607

Keywords: inflation, fiscal impulse, budget balance, fiscal policy, budget deficit

This study was prepared jointly by the Fiscal Affairs and Research Departments of the International Monetary Fund. Since the study was made in preparation for the World Economic Outlook exercise of April 1984, all...

Front Matter

Front Matter »

Source: A Review of the Fiscal Impulse Measure

Series: Occasional Papers

Author(s): Ahsan Mansur , Richard Haas , and Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 May 1986

ISBN: 9780939934607

Keywords: inflation, fiscal impulse, budget balance, fiscal policy, budget deficit

This study was prepared jointly by the Fiscal Affairs and Research Departments of the International Monetary Fund. Since the study was made in preparation for the World Economic Outlook exercise of April 1984, all...

Annex I The Spillover Effects of Government Debt

Annex I The Spillover Effects of Government Debt »

Source: World Economic Outlook, May 1996 : Focus on Fiscal Policy

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 May 1996

ISBN: 9781557755674

Keywords: debt, interest, inflation, deficits, public debt

Increasing capital market integration has expanded the markets in which governments can sell their debt. In principle, this provides greater scope for governments to smooth taxation and spending, and for cou...

Annex II Macroeconomic and Structural Adjustment in the Middle East and North Africa

Annex II Macroeconomic and Structural Adjustment in the Middle East and North Africa »

Source: World Economic Outlook, May 1996 : Focus on Fiscal Policy

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 May 1996

ISBN: 9781557755674

Keywords: debt, interest, inflation, deficits, public debt

The economies of the Middle East and North Africa (MENA) region offer striking contrasts with considerable variations in per capita incomes and underlying economic structures. 1 M...

Appendix: Interest Rate- and Exchange Rate-Induced Changes in Budget Balance

Appendix: Interest Rate- and Exchange Rate-Induced Changes in Budget Balance »

Source: A Review of the Fiscal Impulse Measure

Series: Occasional Papers

Author(s): Ahsan Mansur , Richard Haas , and Peter Heller

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 May 1986

ISBN: 9780939934607

Keywords: inflation, fiscal impulse, budget balance, fiscal policy, budget deficit

This section contains a short theoretical exposition of how the budget balance might be adjusted for changes in interest and exchange rates, consistent with purchasing-power-accrual accounting. Adju...

Are Prices Countercyclical? Evidence From the G-7

Are Prices Countercyclical? Evidence From the G-7 »

Source: Are Prices Countercyclical? Evidence From the G-7

Volume/Issue: 1994/91

Series: IMF Working Papers

Author(s): Eswar Prasad , and Bankim Chadha

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1994

ISBN: 9781451851472

Keywords: correlations, price level, inflation rate, linear trend

This paper re-examines the cyclical behavior of prices using postwar quarterly data for the G-7. We confirm recent evidence that the price level is countercyclical. However, we find strong evidence that the inflati...

Aspects of the Monetary Transmission Mechanism Under Exchange Rate Targeting

Aspects of the Monetary Transmission Mechanism Under Exchange Rate Targeting »

Source: Aspects of the Monetary Transmission Mechanism Under Exchange Rate Targeting : The Case of France

Volume/Issue: 1997/44

Series: IMF Working Papers

Author(s): Joaquim Levy , and Ioannis Halikias

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 1997

ISBN: 9781451974751

Keywords: Monetary Policy Transmission, EMU, monetary transmission, monetary transmission mechanism, monetary authorities, aggregate demand

This paper examines monetary transmission in France using the vector autoregression methodology. Interest rates are decomposed into external and domestic components, and a nonrecursive contemporaneous structure is...

Can the Release of a Monetary Overhang Trigger Hyperinflation?

Can the Release of a Monetary Overhang Trigger Hyperinflation? »

Source: Can the Release of a Monetary Overhang Trigger Hyperinflation?

Volume/Issue: 1992/24

Series: IMF Working Papers

Author(s): Kent Osband , and Shoukang Lin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 1992

ISBN: 9781451920956

Keywords: wage, real wages, money stock

It is widely feared that, once prices are decontrolled in the formerly centrally–planned economies, households’ release of previously accumulated money will trigger a hyperinflation. This paper finds,...

Central Bank Independence

Central Bank Independence »

Source: Central Bank Independence : Issues and Experience

Volume/Issue: 1991/58

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1991

ISBN: 9781451966428

Keywords: central bank, inflation, price stability, monetary policy independence

There has been growing interest recently in the scope for promoting monetary stability through the establishment of independent central banks. This paper reviews the issues involved in central bank independence aga...

The CFA Arrangements

The CFA Arrangements »

Source: The CFA Arrangements : More than Just An Aid Substitute?

Volume/Issue: 2007/19

Series: IMF Working Papers

Author(s): Etienne Yehoue

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2007

ISBN: 9781451865837

Keywords: International Risk Sharing, inflation, terms of trade, price stability, terms of trade shocks, average inflation, International Monetary Arrangements and Institutions,

The CFA franc zone has had one of the longest experiences with a fixed exchange rate for a convertible currency and regional integration of any group of developing countries. France, the anchor country, provides ai...