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Fund's Concepts of Convertibility

Fund's Concepts of Convertibility »

Series: Pamphlet Series

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 January 1971

DOI: http://dx.doi.org/10.5089/9781451959154.054

ISBN: 9781451959154

Keywords: monetary authorities, exchange transactions, monetary fund, exchange rate, multiple currency practices

This paper examines the IMF's concepts of convertibility and gives some impression of their purposes. The central concept of convertibility in the Articles is the convertibility of Article VIII, Sections 2, 3, and...

Capacity Constraints, Inflation and the Transmission Mechanism

Capacity Constraints, Inflation and the Transmission Mechanism »

Source: Capacity Constraints, Inflation and the Transmission Mechanism : Forward-Looking Versus Myopic Policy Rules

Volume/Issue: 1995/75

Series: IMF Working Papers

Author(s): Peter Clark , Douglas Laxton , and David Rose

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 1995

ISBN: 9781451849677

Keywords: aggregate demand, inflation process, monetary authorities

This paper develops a small model of the output-inflation process in the United States in order to examine the implications of alternative monetary policy rules. In particular, two types of policy rules are conside...

The Implications of Fiscal Conditions and Growing Internationalization for Monetary Policies and Financial Market Conditions1/

The Implications of Fiscal Conditions and Growing Internationalization for Monetary Policies and Financial Market Conditions1/ »

Source: The Implications of Fiscal Conditions and Growing Internationalization for Monetary Policies and Financial Market Conditions

Volume/Issue: 1988/52

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 June 1988

ISBN: 9781451970135

Keywords: monetary policy, monetary authorities, fiscal conditions, fiscal policy, fiscal variables

The paper argues that the endogenous behavior of monetary authorities provides an important channel through which fiscal policy influences financial variables, and that growing internationalization has increased th...

The Fisher Hypothesis and Inflation Persistence

The Fisher Hypothesis and Inflation Persistence »

Source: The Fisher Hypothesis and Inflation Persistence : Evidence From Five Major Industrial Countries

Volume/Issue: 1995/118

Series: IMF Working Papers

Author(s): Wensheng Peng

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1995

ISBN: 9781451940824

Keywords: nominal interest rates, nominal interest rate, monetary authorities, inflation rates

This paper presents an empirical evaluation of the strength of the Fisher effect which predicts a positive relationship between the nominal interest rate and inflation in the postwar period in the five major indust...

Selected Issues Concerning Monetary Policy and Institutional Design for Central Banks

Selected Issues Concerning Monetary Policy and Institutional Design for Central Banks »

Source: Selected Issues Concerning Monetary Policy and Institutional Design for Central Banks : A Review of Theories

Volume/Issue: 2000/140

Series: IMF Working Papers

Author(s): Christian Beddies

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2000

ISBN: 9781451856118

Keywords: time inconsistency, coordination, inflation, central bank, inflation target, monetary authority

In the past decades, much work has been geared toward solving the problem of time inconsistency in monetary policy and analyzing the coordination problem between fiscal and monetary policy. This paper provides a re...

The State of the Soviet Economy

The State of the Soviet Economy »

Source: Finance & Development, March 1991

Volume/Issue: 28/1

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1991

ISBN: 9781451953046

Keywords: exchange rate, monetary policy, exchange rates, monetary authorities, exchange rate regime

European Community member states now face critical decisions on the design and implementation of monetary policy...

The Global Environment Facility

The Global Environment Facility »

Source: Finance & Development, March 1991

Volume/Issue: 28/1

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1991

ISBN: 9781451953046

Keywords: exchange rate, monetary policy, exchange rates, monetary authorities, exchange rate regime

European Community member states now face critical decisions on the design and implementation of monetary policy...

Europe’s Emerging Economic and Monetary Union

Europe’s Emerging Economic and Monetary Union »

Source: Finance & Development, March 1991

Volume/Issue: 28/1

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1991

ISBN: 9781451953046

Keywords: exchange rate, monetary policy, exchange rates, monetary authorities, exchange rate regime

European Community member states now face critical decisions on the design and implementation of monetary policy...

The Macroeconomic Effects of German Unification

The Macroeconomic Effects of German Unification »

Source: Finance & Development, March 1991

Volume/Issue: 28/1

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1991

ISBN: 9781451953046

Keywords: exchange rate, monetary policy, exchange rates, monetary authorities, exchange rate regime

European Community member states now face critical decisions on the design and implementation of monetary policy...

Guest Article: Hungary’s Reforms: Past and Present

Guest Article: Hungary’s Reforms: Past and Present »

Source: Finance & Development, March 1991

Volume/Issue: 28/1

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 1991

ISBN: 9781451953046

Keywords: exchange rate, monetary policy, exchange rates, monetary authorities, exchange rate regime

European Community member states now face critical decisions on the design and implementation of monetary policy...