Search Results - subject:"Monetary aggregates"

Dynamic Factor Analysis for Measuring Money

Gilbert, Paul D.; Pichette, Lise - Bank of Canada - 2003

Technological innovations in the financial industry pose major problems for the measurement of monetary aggregates. The … monetary aggregates was originally designed to provide a proxy for the phenomena of interest, it is breaking down. The authors … in the way money is measured since the introduction of monetary aggregates half a century ago. The authors review …

Persistent link: https://www.econbiz.de/10005808309

Greater Monetary Policy Transparency for the G3; Lessons From Full-Fledged Inflation Targeters

Stone, Mark R. - International Monetary Fund (IMF) - 2003

The experience of full-fledged inflation targeting (FFIT) countries is used here to shed light on the costs and benefits of greater monetary policy transparency for the G3. For the United States and the euro area, a hypothetical adoption of FFIT would incur a cost of less discretion while...

Persistent link: https://www.econbiz.de/10005599310

Factors Underlying the Definition of Broad Money; An Examination of Recent U.S. Monetary Statistics and Practices of Other Countries

Lim, Ewe-Ghee; Sriram, Subramanian S. - International Monetary Fund (IMF) - 2003

The paper examines the experiences of countries in defining monetary aggregates, particularly those countries that have …

Persistent link: https://www.econbiz.de/10005604824

Nominal Anchors in the CIS

Keller, Peter; Richardson, Thomas J. - International Monetary Fund (IMF) - 2003

Monetary policy has become increasingly important in the countries of the Commonwealth of Independent States (CIS) as fiscal adjustment and structural reforms have taken root. Inflation has been brought down to relatively low levels in almost all of these countries, raising the question of what...

Persistent link: https://www.econbiz.de/10005605291

Managing Financial Crises; Recent Experience and Lessons for Latin America

Kincaid, G. Russell; Collyns, Charles - International Monetary Fund (IMF) - 2003

This paper seeks to draw lessons from the IMFâ€™s experience in handling financial crises around the globe over the past ten years that are relevant to the challenges faced by countries in Latin America, especially in the wake of the recent crisis in Argentina. Experience suggests that...

Persistent link: https://www.econbiz.de/10005824823

Angola; Selected Issues and Statistical Appendix

International Monetary Fund (IMF); International … - 2003

Several years of high inflation rates have negatively affected economic conditions in Angola. Macroeconomic stabilization in Angola entails strict control over central bank credit to the government, an ending of the quasi-fiscal expenditures, and a reduction of the national bank of...

Persistent link: https://www.econbiz.de/10005824891

Islamic Republic of Mauritania; Selected Issues

International Monetary Fund (IMF); International … - 2003

This Selected Issues paper covers three topics of particular relevance to Mauritania: export competitiveness and exchange rate policy, the monetary policy framework, and the transfer of government deposits from commercial banks to the central bank. The paper reports on the recent economic...

Persistent link: https://www.econbiz.de/10005825034

Vietnam; Selected Issues

International Monetary Fund (IMF); International … - 2003

This Selected Issues paper reviews Vietnam's inflation dynamics, trade regime, performance, and external competitiveness. It analyzes the policy issues associated with strengthening of the revenue base and the changing role of government-owned firms in the national economy. It examines the...

Persistent link: https://www.econbiz.de/10005825537

Inflation Targeting Regimes

Carare, Alina; Stone, Mark R. - International Monetary Fund (IMF) - 2003

This paper classifies countries that define their monetary policy framework by an inflation target into full-fledged inflation targeters, eclectic inflation targeters and inflation targeting lite regimes. This classification is based on indicators of the clarity and credibility of the commitment...

Persistent link: https://www.econbiz.de/10005825645

Current Issues in the Design and Conduct of Monetary Policy

Khan, Mohsin S. - International Monetary Fund (IMF) - 2003

Movements in global capital during the late 1990s and the greater emphasis on price stability led many countries to abandon fixed exchange rate regimes and to design institutions and monetary policies to achieve credibility in the goal of lowering inflation. Such recent developments have brought...

Persistent link: https://www.econbiz.de/10005825662