Search Results

You are looking at 1 - 10 of 17 items :

  • Money and Monetary Policy x
Clear All
VI The Benefits and Costs of a Common Currency for West Africa

VI The Benefits and Costs of a Common Currency for West Africa »

Source: Monetary Union in West Africa (ECOWAS)

Series: Occasional Papers

Author(s): Catherine Pattillo , and Paul Masson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 February 2001

ISBN: 9781589060142

There is an extensive literature concerning the advisability for a given country of joining a monetary union. 18 There are two general issues that should influence the choice. A f...

II The Proposed Monetary Union

II The Proposed Monetary Union »

Source: Monetary Union in West Africa (ECOWAS)

Series: Occasional Papers

Author(s): Catherine Pattillo , and Paul Masson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 February 2001

ISBN: 9781589060142

Recent plans for monetary union come as a response to a political commitment by ECOWAS heads of state, who met on December 9–10, 1999, in Lomé, Togo, to accelerate the pace of regional integration....

III Historical Experience and the Current Situation in West Africa

III Historical Experience and the Current Situation in West Africa »

Source: Monetary Union in West Africa (ECOWAS)

Series: Occasional Papers

Author(s): Catherine Pattillo , and Paul Masson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 February 2001

ISBN: 9781589060142

By virtue of their membership in the CFA zone, the ECOWAS countries that are part of WAEMU have followed a very different path from the non-WAEMU countries. After a brief overview of macroeconomic performanc...

Dedollarization

Dedollarization »

Source: Dedollarization

Volume/Issue: 2010/188

Series: IMF Working Papers

Author(s): Annamaria Kokenyne , Jeremy Ley , and Romain Veyrune

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2010

ISBN: 9781455202225

Keywords: macroeconomic stabilization, foreign currency, exchange rate, inflation, Financial Institutions and Services: Government Policy and Regulation,

This paper provides a summary of the key policies that encourage dedollarization. It focuses on cases in which the authorities' intention is to gain greater control of monetary policy and draws on the experiences o...

Sources of Inflation in Developing Countries1

Sources of Inflation in Developing Countries1 »

Source: Sources of Inflation in Developing Countries

Volume/Issue: 2001/198

Series: IMF Working Papers

Author(s): Prakash Loungani , and Phillip Swagel

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2001

ISBN: 9781451860061

Keywords: exchange rate, money growth, exchange rates

This paper develops stylized facts about the inflation process in developing countries, focusing particularly on the relationship between the exchange rate regime and the sources of inflation. Using annual data fro...

Exchange Rate Pass-Through in Sub-Saharan African Economies and its Determinants

Exchange Rate Pass-Through in Sub-Saharan African Economies and its Determinants »

Source: Exchange Rate Pass-Through in Sub-Saharan African Economies and its Determinants

Volume/Issue: 2012/141

Series: IMF Working Papers

Author(s): Ivohasina Razafimahefa

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2012

ISBN: 9781475503982

Keywords: exchange rate, impulse responses, exchange rate pass, exchange rate changes,

This paper analyzes the exchange rate pass-through to domestic prices and its determinants in sub-Saharan African countries. It finds that the pass-through is incomplete. The pass-through is larger following a depr...

Does the Nominal Exchange Rate Regime Matter?

Does the Nominal Exchange Rate Regime Matter? »

Source: Does the Nominal Exchange Rate Regime Matter?

Volume/Issue: 1995/121

Series: IMF Working Papers

Author(s): Jonathan Ostry , Anne Gulde , Atish Ghosh , and Holger Wolf

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1995

ISBN: 9781451854329

Keywords: exchange rate, exchange rate regime, exchange rate regimes, nominal exchange rate

The effect of the exchange rate regime on inflation and growth is examined. The 30-year data set includes over 100 countries and nine regime types. Pegged regimes are associated with lower inflation than intermedia...

The Impact of Foreign Interest Rateson the Economy

The Impact of Foreign Interest Rateson the Economy »

Source: The Impact of Foreign Interest Rateson the Economy : The Role of the Exchange Rate Regime

Volume/Issue: 2006/37

Series: IMF Working Papers

Author(s): Julian Di Giovanni , and Jay Shambaugh

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2006

ISBN: 9781451862973

Keywords: Exchange rate regime, international transmission, exchange rate, inflation, nominal interest rate, Macroeconomic Aspects Of International Trade And Finance,

This paper explores the connection between interest rates in major industrial countries and annual real output growth in other countries. The results show that high large-country interest rates have a contractionar...

Evolution and Performance of Exchange Rate Regimes1

Evolution and Performance of Exchange Rate Regimes1 »

Source: Evolution and Performance of Exchange Rate Regimes

Volume/Issue: 2003/243

Series: IMF Working Papers

Author(s): Aasim Husain , Ashoka Mody , Nienke Oomes , Robin Brooks , and Kenneth Rogoff

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2003

ISBN: 9781451875843

Keywords: economic performance, exchange rate, inflation, exchange rate regime, exchange rates, International Monetary Arrangements and Institutions, Macroeconomic Aspects of International Trade and Finance, Prices, Business Fluctuations, and Cycles,

Using recent advances in the classification of exchange rate regimes, this paper finds no support for the popular bipolar view that countries will tend over time to move to the polar extremes of free float or rigid...

A Primer on the CFA Franc Zone 8

A Primer on the CFA Franc Zone 8 »

Source: Approaches to Exchange Rate Policy

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 1994

ISBN: 9781557753649

Keywords: exchange rate, foreign exchange, inflation, exchange rates, exchange rate policy

Interest in the two monetary unions in Africa, which have served their member countries well for the last 40 years, has surged recently. This upsurge in interest has been stimulated by the emerging monetary...