Search Results - subject:"Monetary Model"

Kenya; 2011 Article IV Consultation, Second Review Under the Three-Year Arrangement Under the Extended Credit Facility and Requests for Modification of Performance Criteria and Augmentation of Access: Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Kenya.

International Monetary Fund (IMF); International … - 2012

This paper discusses key findings of the Second Review for Kenya under the Extended Credit Facility (ECF). Program implementation during the first half of 2011 was in line with the objectives. All quantitative performance criteria and indicative targets for June 2011 have been met. The...

Persistent link: https://www.econbiz.de/10011243060

Long-run equilibrium exchange rate in Latin America and Asia : a comparison using cointegrated vector

Cuibano, Simone Maciel - In: Revista brasileira de economia de empresas : … 17 (2017) 2, pp. 41-54

Persistent link: https://www.econbiz.de/10011955389

Teaching the Greek crisis (and more) from the perspectives of competing models

Harvey, John Terence - In: Review of Keynesian economics 5 (2017) 4, pp. 503-518

Persistent link: https://www.econbiz.de/10011764121

Systemic risk and financial development in a monetary model

Moutot, Philippe - 2011

In a stochastic pure endowment economy with money but no financial markets, two types of agents trade one non-durable good using two alternative types of cash constraints. Simulations of the corresponding variants are compared to Arrow-Debreu and Autarky equilibriums. First, this illustrates how...

Persistent link: https://www.econbiz.de/10011605398

Communication of Central Bank Thinking and Inflation Dynamics

Tang, Man-Keung; Yu, Xiangrong - International Monetary Fund (IMF) - 2011

the authorities with greater policy flexibility. We then estimate a simple monetary model to fit the Mexican economy, and …

Persistent link: https://www.econbiz.de/10009293777

The Concepts of Equilibrium Exchange Rate: A Survey of Literature

Siregar, Reza - Volkswirtschaftliche Fakultät, … - 2011

The aim of this paper is to review and examine a collection of ‘most commonly applied’ theoretical and empirical models of equilibrium exchange rate. The presentation on each model starts with an introduction of core theoretical frameworks. It will then be followed by discussions on relevant...

Persistent link: https://www.econbiz.de/10008854393

Modelling and Forecasting the Indian Re/US Dollar Exchange Rate

Dua, Pami; Ranjan, Rajiv - Centre for Development Economics, Delhi School of Economics - 2011

exchange rate which is governed by a managed floating exchange rate regime. It considers extensions of the monetary model that … study finds that the monetary model generally outperforms the naïve model. It also finds that forecast accuracy can be … improved by extending the monetary model to include forward premium, volatility of capital inflows and order flow. Information …

Persistent link: https://www.econbiz.de/10008861886

The role of monetary policy in managing the euro - dollar exchange rate

Mylonidis, Nikolaos; Stamopoulou, Ioanna - Volkswirtschaftliche Fakultät, … - 2011

The US Federal Reserve’s new relaxed monetary policy (the so-called quantitative easing) has triggered controversy among economists and policy makers about its effectiveness. This paper investigates the role of monetary policy in managing the euro – dollar exchange rate via alternative...

Persistent link: https://www.econbiz.de/10008866121

Systemic risk and financial development in a monetary model

Moutot, Philippe - European Central Bank - 2011

Persistent link: https://www.econbiz.de/10009149026

Nonlinear prediction of Malaysian exchange rate with monetary fundamentals

Lye, Chun-Teck; Chan, Tze-Haw; Hooy, Chee-Wooi - In: Economics Bulletin 31 (2011) 3, pp. 1960-1967

This paper compares one-step-ahead out-of-sample predictions on Malaysian Ringgit-US Dollar exchange rate using the generalized regression neural network for a range of forecasting horizons from 1991M3 to 2008M8. We find that the monetary fundamentals are significant in explaining the dynamics...

Persistent link: https://www.econbiz.de/10009149966