Cross-Border Deposits and Monetary Aggregates in the Transition to EMU

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Publisher : International Monetary Fund
ISBN 13 : 1451853742
Total Pages : 60 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Cross-Border Deposits and Monetary Aggregates in the Transition to EMU by : Mr.Carlo Cottarelli

Download or read book Cross-Border Deposits and Monetary Aggregates in the Transition to EMU written by Mr.Carlo Cottarelli and published by International Monetary Fund. This book was released on 1991-11-01 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the effect of cross-border deposits (CBDs) for the stability of the relation between monetary aggregates and nominal GDP in the five largest EC countries. The analysis is developed in terms of “information content” of alternative money definitions (including or excluding selected subsets of CBDs), derived from a multicountry simultaneous system of money demand equations. We show that in the most recent period traditional money aggregates have lost information value and that they are dominated by alternative money definitions that include CBDs, such as those based on the residency of the holder or on the currency of denomination.

Cross-Border Deposits and Monetary Aggregates in the Transition to Emu

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Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Cross-Border Deposits and Monetary Aggregates in the Transition to Emu by : Ignazio Angeloni

Download or read book Cross-Border Deposits and Monetary Aggregates in the Transition to Emu written by Ignazio Angeloni and published by . This book was released on 2006 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the effect of cross-border deposits (CBDs) for the stability of the relation between monetary aggregates and nominal GDP in the five largest EC countries. The analysis is developed in terms of quot;information contentquot; of alternative money definitions (including or excluding selected subsets of CBDs), derived from a multicountry simultaneous system of money demand equations. We show that in the most recent period traditional money aggregates have lost information value and that they are dominated by alternative money definitions that include CBDs, such as those based on the residency of the holder or on the currency of denomination.

Cross-Border Currency Exposures

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Publisher : International Monetary Fund
ISBN 13 : 1513525379
Total Pages : 67 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Cross-Border Currency Exposures by : Luciana Juvenal

Download or read book Cross-Border Currency Exposures written by Luciana Juvenal and published by International Monetary Fund. This book was released on 2019-12-27 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a dataset on the currency composition of the international investment position for a group of 50 countries for the period 1990-2017. It improves available data based on estimates by incorporating actual data reported by statistical authorities and refining estimation methods. The paper illustrates current and new uses of these data, with particular focus on the evolution of currency exposures of cross-border positions.

Monetary Policy Transmission in the Euro Area

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Publisher : Cambridge University Press
ISBN 13 : 1139438816
Total Pages : 515 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Monetary Policy Transmission in the Euro Area by : Ignazio Angeloni

Download or read book Monetary Policy Transmission in the Euro Area written by Ignazio Angeloni and published by Cambridge University Press. This book was released on 2003-12-04 with total page 515 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2003 book offers the most systematic analysis available of the impact of European Central Bank monetary policy on the national economies of the Eurozone. Analysing macro and micro-economic evidence, with chapters by central bank economists, including a discussion chapter by eminent macroeconomists, it is an essential contribution to research on the subject.

OECD Economic Surveys

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Publisher :
ISBN 13 :
Total Pages : 164 pages
Book Rating : 4.:/5 ( download)

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Book Synopsis OECD Economic Surveys by : Organisation for Economic Co-operation and Development

Download or read book OECD Economic Surveys written by Organisation for Economic Co-operation and Development and published by . This book was released on 1992 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:

OECD Economic Surveys

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Publisher :
ISBN 13 :
Total Pages : 158 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis OECD Economic Surveys by :

Download or read book OECD Economic Surveys written by and published by . This book was released on 1992 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Conditions in Italy

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Publisher :
ISBN 13 :
Total Pages : 780 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Economic Conditions in Italy by : Organisation for European Economic Co-operation

Download or read book Economic Conditions in Italy written by Organisation for European Economic Co-operation and published by . This book was released on 1988 with total page 780 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Bulletin

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Publisher :
ISBN 13 :
Total Pages : 480 pages
Book Rating : 4.X/5 (2 download)

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Book Synopsis Bulletin by :

Download or read book Bulletin written by and published by . This book was released on 1990 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt:

IMF Working Paper

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Publisher :
ISBN 13 :
Total Pages : 622 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis IMF Working Paper by :

Download or read book IMF Working Paper written by and published by . This book was released on 1994 with total page 622 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Inflation and Wage Behaviour in Europe

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Publisher : Oxford University Press
ISBN 13 : 9780198289869
Total Pages : 372 pages
Book Rating : 4.2/5 (898 download)

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Book Synopsis Inflation and Wage Behaviour in Europe by : Paul de Grauwe

Download or read book Inflation and Wage Behaviour in Europe written by Paul de Grauwe and published by Oxford University Press. This book was released on 1996 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Maastricht Treaty makes the convergence of inflation rates one of the preconditions of European Monetary Union (EMU). The purpose of this study is to shed light on the mechanism underlying the processes that lead to convergence or divergence in national inflation rates. It examinesinflation and wage bahaviour in the European Monetary System (EMS), their determinants, and their implications for the credibility and sustainability of the system's exchange rate mechanism (ERM). Although the focus is on the EMS period, eleven of the twelve studies also review the background of the1970s. The contributors examine issues of monetary control, stability of national and ERM-wide money-demand function, the monetary policy of Germany - the pivotal country in the EMS - and its influence on the stability of the system after the fall of the Berlin Wall. As well as explaining how theEMS worked, the book also offers reasons for its breakdown in 1992-3 under the blow of exogenous shocks and growing policy conflict between member countries.The study identifies several causes of inflation and persistent inflation differentials in the EMS. Among the 'real' causes, particular attention is devoted to sectoral productivity shocks. In some countries, import price shocks, exogenous wage pushes, taxes, and government expenditure are bound tobe important factors. Since theses kinds of shock hit the various economies of the region differently, inflation differntials can persist for several years. The different policies of governments and central banks, and the fact the monetary policies have not always been consistent with the long-runmaintenance of fixed exchange rates, have also played a considerable role in explaining the persistance of inflation differentials.

Contents of Recent Economics Journals

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Publisher :
ISBN 13 :
Total Pages : 608 pages
Book Rating : 4.:/5 (334 download)

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Book Synopsis Contents of Recent Economics Journals by :

Download or read book Contents of Recent Economics Journals written by and published by . This book was released on 1992-12-18 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Rating the EC as an Optimal Currency Area

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Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Rating the EC as an Optimal Currency Area by : Lorenzo Bini Smaghi

Download or read book Rating the EC as an Optimal Currency Area written by Lorenzo Bini Smaghi and published by . This book was released on 1993 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Industrial Countries' Protectionism with Respect to Eastern Europe

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Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Industrial Countries' Protectionism with Respect to Eastern Europe by : Cristina Mastropasqua

Download or read book Industrial Countries' Protectionism with Respect to Eastern Europe written by Cristina Mastropasqua and published by . This book was released on 1993 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic and Monetary Union in Europe

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Publisher : Cambridge University Press
ISBN 13 : 9780521558839
Total Pages : 234 pages
Book Rating : 4.5/5 (588 download)

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Book Synopsis Economic and Monetary Union in Europe by : Peter B. Kenen

Download or read book Economic and Monetary Union in Europe written by Peter B. Kenen and published by Cambridge University Press. This book was released on 1995-09-29 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: 1.The origins of EMU -- 2.The design of EMU -- 3.Monetary policy in Stage Three -- 4.Fiscal policy and EMU -- 5.EMU and the outside world -- 6.The transition to EMU -- 7.Reconsidering the transition -- 8.Getting on with EMU.

EMU and the International Monetary System

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Publisher : International Monetary Fund
ISBN 13 : 9781557756640
Total Pages : 580 pages
Book Rating : 4.7/5 (566 download)

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Book Synopsis EMU and the International Monetary System by : Mr.Thomas Krueger

Download or read book EMU and the International Monetary System written by Mr.Thomas Krueger and published by International Monetary Fund. This book was released on 1997-09-10 with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, edited by Paul R. Masson, Thomas Krueger, and Bart G. Turtelboom, contains the proceedings of the seminar held in Washington, D.C. on March 17-18, 1997, cosponsored by the IMF and Fondation Camille Gutt. Conference participants discussed implications of European Economic and Monetary Union (EMU) on exchange and financial markets, and consequently on the activities of market participants and private and official institutions. The five main themes of the seminar were the characteristics of the euro and its potential role as an international currency; EMU and international policy coordination; EMU and the relationship between the IMF and its EMU members; lessons of European monetary integration for the international monetary system; and the transitioin to EMU.

World Economic Outlook, May 1993

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Publisher : International Monetary Fund
ISBN 13 : 9781557752864
Total Pages : 218 pages
Book Rating : 4.7/5 (528 download)

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Book Synopsis World Economic Outlook, May 1993 by : International Monetary Fund. Research Dept.

Download or read book World Economic Outlook, May 1993 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1993-05-30 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: The World Economic Outlook, published twice a year in English, French, Spanish, and Arabic, presents IMF staff economists analyses of global economic developments during the near and medium term. Chapters give an overview of the world economy; consider issues affecting industrial countries, developing countries, and economies in transition to market; and address topics of pressing current interest. Annexes, boxes, charts, and an extensive statistical appendix augment the text.

Risk Sharing and Precautionary Saving

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Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Risk Sharing and Precautionary Saving by : Luigi Guiso

Download or read book Risk Sharing and Precautionary Saving written by Luigi Guiso and published by . This book was released on 1992 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: