Inflation Targeting At 20 Achievements And Challenges

Download Inflation Targeting At 20 Achievements And Challenges full books in PDF, epub, and Kindle. Read online Inflation Targeting At 20 Achievements And Challenges ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!

Inflation Targeting at 20 - Achievements and Challenges

Author : Mr.Scott Roger
Publisher : International Monetary Fund
ISBN 13 : 1451873832
Total Pages : 33 pages
Book Rating : 4.4/5 (518 download)

DOWNLOAD NOW!

Book Synopsis Inflation Targeting at 20 - Achievements and Challenges by : Mr.Scott Roger

Download or read book Inflation Targeting at 20 - Achievements and Challenges written by Mr.Scott Roger and published by International Monetary Fund. This book was released on 2009-10-01 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides an overview of inflation targeting frameworks and macroeconomic performance under inflation targeting. Inflation targeting frameworks are generally quite similar across countries, and a broad consensus has developed in favor of "flexible" inflation targeting. The evidence shows that, although inflation target ranges are missed frequently in most countries, the inflation and growth performance under inflation targeting compares very favorably with performance under alternative frameworks. Inflation targeters also tentatively appear to be coping better with the commodity price and financial shocks in 2007-2009 than non-inflation targeters. Key issues going forward include adapting inflation targeting to emerging market and developing countries, and incorporating financial stability issues into the framework.

IMF Working Papers

Author : Scott Roger
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (842 download)

DOWNLOAD NOW!

Book Synopsis IMF Working Papers by : Scott Roger

Download or read book IMF Working Papers written by Scott Roger and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Twenty Years of Inflation Targeting

Author : David Cobham
Publisher : Cambridge University Press
ISBN 13 : 1139491253
Total Pages : 468 pages
Book Rating : 4.1/5 (394 download)

DOWNLOAD NOW!

Book Synopsis Twenty Years of Inflation Targeting by : David Cobham

Download or read book Twenty Years of Inflation Targeting written by David Cobham and published by Cambridge University Press. This book was released on 2010-09-16 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is now a remarkably strong consensus among academics and professional economists that central banks should adopt explicit inflation targets and that all key monetary policy decisions, especially those concerning interest rates, should be made with a view to ensuring that these targets are achieved. This book provides a comprehensive review of the experience of inflation targeting since its introduction in New Zealand in 1989 and looks in detail at what we can learn from the past twenty years and what challenges we may face in the future. Written by a distinguished team of academics and professional economists from central banks around the world, the book covers a wide range of issues including many that have arisen as a result of the recent financial crisis. It should be read by anyone concerned with better understanding inflation targeting and its past, present and future role within monetary policy.

Inflation Targeting and Financial Stability

Author : Pierre-Richard Agénor
Publisher :
ISBN 13 : 9781597821711
Total Pages : 120 pages
Book Rating : 4.8/5 (217 download)

DOWNLOAD NOW!

Book Synopsis Inflation Targeting and Financial Stability by : Pierre-Richard Agénor

Download or read book Inflation Targeting and Financial Stability written by Pierre-Richard Agénor and published by . This book was released on 2013 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Improving the Monetary Policy Frameworks in Central America

Author : Stephanie Medina Cas
Publisher : International Monetary Fund
ISBN 13 : 1463923244
Total Pages : 40 pages
Book Rating : 4.4/5 (639 download)

DOWNLOAD NOW!

Book Synopsis Improving the Monetary Policy Frameworks in Central America by : Stephanie Medina Cas

Download or read book Improving the Monetary Policy Frameworks in Central America written by Stephanie Medina Cas and published by International Monetary Fund. This book was released on 2011-10-01 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Several Central American (CADR) countries with independent monetary policies are strengthening their monetary frameworks and some have implemented or are moving towards inflation targeting (IT) regimes. Strengthening the monetary policy frameworks of CADR is key to improving the effectiveness of monetary policy. The paper reviews the literature on the reforms needed for strengthening the monetary policy frameworks, and examines the experiences of IT countries, Chile, Peru, and Uruguay to help distill lessons for CADR. It also constructs an index to measure the relative strength of the monetary policy framework of CADR countries.

The Global Financial Crisis and the New Monetary Consensus

Author : Marc Pilkington
Publisher : Routledge
ISBN 13 : 1134582560
Total Pages : 292 pages
Book Rating : 4.1/5 (345 download)

DOWNLOAD NOW!

Book Synopsis The Global Financial Crisis and the New Monetary Consensus by : Marc Pilkington

Download or read book The Global Financial Crisis and the New Monetary Consensus written by Marc Pilkington and published by Routledge. This book was released on 2013-10-01 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Global Financial Crisis has reshuffled the cards for central banks throughout the world. In the wake of the biggest crisis since the Great Depression, this volume traces the evolution of modern central banking over the last fifty years. It takes in the inflationary chaos of the 1970s and the monetarist experiments of the 1980s, eventually leading to the New Monetary Consensus, which took shape in the 1990s and prevailed until 2007. The book then goes on to review the limitations placed on monetary policy in the aftermath of the global meltdown, arguing that the financial crisis has shaken the new monetary consensus. In the aftermath of the worst crisis since the Great Depression, the book investigates the nature of present and future monetary policy. Is the Taylor rule still a satisfactory monetary precept for central bankers? Has the New Monetary Consensus been shaken by the Global Financial Crisis? What are the fundamental issues raised by the latter cataclysmic chain of events? How should central banks conceptualize monetary policy anew in a post-crisis scenario? Existing books have dwelt extensively on the characteristics of the New Monetary Consensus, but few have cast light on its relevance in a post-crisis scenario. This book seeks to fill this gap, drawing on the lessons from five decades of contrasted theoretical approaches ranging from Keynesianism, monetarism, new classical macroeconomics, inflation targeting and more recently, pragmatic global crisis management.

Inflation

Author : Robert O'Neill
Publisher : Springer
ISBN 13 : 3319641255
Total Pages : 390 pages
Book Rating : 4.3/5 (196 download)

DOWNLOAD NOW!

Book Synopsis Inflation by : Robert O'Neill

Download or read book Inflation written by Robert O'Neill and published by Springer. This book was released on 2017-11-06 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is an introduction to the history of – and current measurement practice of – inflation for the United Kingdom. The authors describe the historical development of inflation measures in a global context, and do so without using formal mathematical language and related jargon that relates only to a few specialist scholars. Although inflation is a widely used and quoted statistic, and despite the important role inflation plays in real people’s lives – through pension uprating, train tickets, interest rates and the work of economists – few people understand how it is created. O’Neill, Ralph and Smith mix historical data with a description of practices inside the UK statistical system and abroad, which will aid understanding of how this important economic statistic is produced, and the important and controversial choices that statisticians have made over time.

Macroeconomic Policies in Indonesia

Author : Anwar Nasution
Publisher : Routledge
ISBN 13 : 1317631803
Total Pages : 492 pages
Book Rating : 4.3/5 (176 download)

DOWNLOAD NOW!

Book Synopsis Macroeconomic Policies in Indonesia by : Anwar Nasution

Download or read book Macroeconomic Policies in Indonesia written by Anwar Nasution and published by Routledge. This book was released on 2014-12-05 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gives insight on the dynamics and route of economic policies that have been taken and implemented since the point of institutional reforms in 1998 that were triggered from the context of the financial crisis in 1997/1998. The condition brought a different paradigm on the landscape of economic and development policies, especially in the case of the monetary and financial structure, the international trade sector, the manufacturing sector, the taxes administration policy and the evolved context of decentralization and development of public sector policies in general. Given state of current economic development, this book offers suggestions to address economic issues that require improvements. This book is unique as: 1) it is about Indonesia, a country mostly affected by 1997/1998 financial crisis, which also lead to a change in regime; 2) it covers a broad range of thematic topics on sectors development and institutional changes from major policies that have been taken; and 3) it posits both existing and future challenges on monetary and financial sectors, trade, manufacturing and competitiveness, as well as on development of decentralization policies.

Regional Studies on Economic Growth, Financial Economics and Management

Author : Mehmet Huseyin Bilgin
Publisher : Springer
ISBN 13 : 3319541129
Total Pages : 450 pages
Book Rating : 4.3/5 (195 download)

DOWNLOAD NOW!

Book Synopsis Regional Studies on Economic Growth, Financial Economics and Management by : Mehmet Huseyin Bilgin

Download or read book Regional Studies on Economic Growth, Financial Economics and Management written by Mehmet Huseyin Bilgin and published by Springer. This book was released on 2017-04-13 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents selected papers from the 19th Eurasia Business and Economics Society (EBES) Conference held in Istanbul. Its primary emphasis is on showcasing the latest empirical research on social change, sustainable development and the management of public and private organizations in emerging economies. The respective articles also address more specialized and related topics such as financial risk tolerance, international strategic partnerships, female labor force participation, human capital dynamics, and economic integration, among others.

Monetary Policy in Emerging Markets

Author : Mr.Donal McGettigan
Publisher : International Monetary Fund
ISBN 13 : 1484388267
Total Pages : 30 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!

Book Synopsis Monetary Policy in Emerging Markets by : Mr.Donal McGettigan

Download or read book Monetary Policy in Emerging Markets written by Mr.Donal McGettigan and published by International Monetary Fund. This book was released on 2013-05-03 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: In contrast to advanced markets (AMs), procyclical monetary policy has been a problem for emerging markets (EMs), with macroeconomic policies amplifying economic upswings and deepening downturns. The stark difference in policy has not been subject to extensive study and this paper attempts to address the gap. Key findings, using a large sample of EMs over the past 50 years, are: (i) EMs have adopted increasingly countercyclical monetary policy over time, although large differences remain among EMs and policies became more procyclical during the recent crisis. (ii) Inflation targeting and better institutions have been key factors behind the move to countercyclicality. (iii) Only deep financial markets allow EMs with flexible exchange rate regimes turn countercyclical. (iv) More countercyclical policy is associated with far less volatile output. The economically meaningful impact of IT on monetary policy countercyclicality and output variability is another reason in its favor, over and above better inflation outcomes.

Argentina

Author : International Monetary Fund. Western Hemisphere Dept.
Publisher : International Monetary Fund
ISBN 13 : 1484335740
Total Pages : 83 pages
Book Rating : 4.4/5 (843 download)

DOWNLOAD NOW!

Book Synopsis Argentina by : International Monetary Fund. Western Hemisphere Dept.

Download or read book Argentina written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2017-12-29 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2017 Article IV Consultation highlights that Argentina’s government has made important progress in restoring integrity and transparency in public sector operations. These policy changes have put the economy on a stronger footing and corrected many of the most urgent macroeconomic imbalances. Private consumption strengthened in 2017, supported by greater real wages and buoyant credit growth. With stronger domestic demand, the trade surplus turned into a deficit and the current account deficit increased. Annual inflation has declined from its peak in 2016, but remained relatively resilient and inflation expectations moved up, prompting the central bank to raise interest rates. Going forward, GDP growth is expected to consolidate, inflation inertia will slowly subside, and the fiscal deficit will gradually fall.

Monetary Policy and Financial Stability

Author : Ioanna T. Kokores
Publisher : Cambridge Scholars Publishing
ISBN 13 : 1527591867
Total Pages : 497 pages
Book Rating : 4.5/5 (275 download)

DOWNLOAD NOW!

Book Synopsis Monetary Policy and Financial Stability by : Ioanna T. Kokores

Download or read book Monetary Policy and Financial Stability written by Ioanna T. Kokores and published by Cambridge Scholars Publishing. This book was released on 2022-12-08 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how monetary policy contributes to the efficient allocation of resources, with special reference made to the contribution of the effective workings of the financial system. It argues that the stability of the financial system promotes the smooth functioning of the payment systems and the effective transmission of monetary policy, thus promoting the achievement of monetary policy objectives. The interrelated issues addressed here include the ways various monetary policy objectives are achieved, their effective presentation to the public, and the strategic role of money growth in the conduct of monetary policy. The analysis underlines the context of financial-market performance in recent decades and the varied central bank responses to the emergence of the global financial crisis. This book constitutes a useful companion to graduate students in economics, researchers and business and central banking practitioners in understanding the unending quest of the shifting roles of money and financial practices to reconcile growth and stability.

Classical Economics, Keynes and Money

Author : John Eatwell
Publisher : Taylor & Francis
ISBN 13 : 1000605914
Total Pages : 348 pages
Book Rating : 4.0/5 (6 download)

DOWNLOAD NOW!

Book Synopsis Classical Economics, Keynes and Money by : John Eatwell

Download or read book Classical Economics, Keynes and Money written by John Eatwell and published by Taylor & Francis. This book was released on 2022-07-29 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: Classical Economics, Keynes and Money casts new light on an approach to economic theory and policy that combines the modern classical theory of prices and income distribution with a Keynesian analysis of money and finance. Structured in four parts, the work considers issues within classical economics, monetary economics, Keynesian and post-Keynesian Economics, rationality and economic methodology. These themes are all central to the work of Carlo Panico, and the chapters both reflect on and build on his key contributions to the field. This collection is of interest to advanced students and researchers in the history of economic thought, monetary theory, financial economics and heterodox economics.

Assessing the Determinants of Interest Rate Transmission Through Conditional Impulse Response Functions

Author : Christian Saborowski
Publisher : International Monetary Fund
ISBN 13 : 1475525710
Total Pages : 37 pages
Book Rating : 4.4/5 (755 download)

DOWNLOAD NOW!

Book Synopsis Assessing the Determinants of Interest Rate Transmission Through Conditional Impulse Response Functions by : Christian Saborowski

Download or read book Assessing the Determinants of Interest Rate Transmission Through Conditional Impulse Response Functions written by Christian Saborowski and published by International Monetary Fund. This book was released on 2013-01-25 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: We employ a structural panel VAR model with interaction terms to identify determinants of effective transmission from central bank policy rates to retail lending rates in a large country sample. The framework allows deriving country specific pass-through estimates broken down into the contributions of structural country characteristics and policies. The findings suggest that industrial economies tend to enjoy a higher pass-through largely on account of their more flexible exchange rate regimes and their more developed financial systems. The average pass-through in our sample increased from 30 to 60 percent between 2003 and 2008, mainly due to positive risk sentiment, rising inflation and increasingly diversified banking sectors. The crisis reversed this trend partly as banks increased precautionary liquidity holdings, non-performing loans proliferated and inflation moderated.

Macroeconomics for Development

Author : Raghbendra Jha
Publisher : Edward Elgar Publishing
ISBN 13 : 1788977866
Total Pages : 171 pages
Book Rating : 4.7/5 (889 download)

DOWNLOAD NOW!

Book Synopsis Macroeconomics for Development by : Raghbendra Jha

Download or read book Macroeconomics for Development written by Raghbendra Jha and published by Edward Elgar Publishing. This book was released on 2023-01-13 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing a broad overview of the impact of COVID-19 on economic development, this timely book examines closely the macroeconomic aspects of economic development and the design of monetary policies under extreme crises.

Central Bank Credit to the Government

Author : Mr.Luis Ignacio Jácome
Publisher : International Monetary Fund
ISBN 13 : 1463931212
Total Pages : 44 pages
Book Rating : 4.4/5 (639 download)

DOWNLOAD NOW!

Book Synopsis Central Bank Credit to the Government by : Mr.Luis Ignacio Jácome

Download or read book Central Bank Credit to the Government written by Mr.Luis Ignacio Jácome and published by International Monetary Fund. This book was released on 2012-01-01 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using a central bank legislation database, this paper documents and analyzes worldwide institutional arrangements for central bank lending to the government and identifies international practices. Key findings are: (i) in most advanced countries, central banks do not finance government expenditure; (ii) in a large number of emerging and developing countries, short-term financing is allowed in order to smooth out tax revenue fluctuations; (iii) in most countries, the terms and conditions of these loans are typically established by law, such that the amount is capped at a small proportion of annual government revenues, loans are priced at market interest rates, and their maturity falls within the same fiscal year; and (iv) in the vast majority of countries, financing other areas of the state, such as provincial governments and public enterprises, is not allowed. The paper does not address central banks' financial support during financial crises.

Macroeconomics, agriculture, and food security

Author : Díaz-Bonilla, Eugenio
Publisher : Intl Food Policy Res Inst
ISBN 13 : 0896298590
Total Pages : 644 pages
Book Rating : 4.8/5 (962 download)

DOWNLOAD NOW!

Book Synopsis Macroeconomics, agriculture, and food security by : Díaz-Bonilla, Eugenio

Download or read book Macroeconomics, agriculture, and food security written by Díaz-Bonilla, Eugenio and published by Intl Food Policy Res Inst. This book was released on 2015-10-27 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why write a book on macroeconomic policies and their links to agriculture and food security in developing countries? The food price spikes of the years just prior to 2010 and the economic, political, and social dislocations they generated refocused the attention of policymakers and development practitioners on the agricultural sector and food security concerns. But even without those traumatic events, the importance of agriculture for developing countries—and for an adequate functioning of the world economy— cannot be denied. First, although declining over time, primary agriculture still represents important percentages of developing countries’ overall domestic production, exports, and employment. If agroindustrial, transportation, commercial, and other related activities are also counted, then the economic and social importance of agriculture-based sectors increases significantly. Furthermore, large numbers of the world’s poor still live in rural areas and work in agriculture. Through the links via production, trade, employment, and prices, agricultural production is also crucial for national food security. Second, it has been shown that agriculture in developing countries has important growth and employment multipliers for the rest of the economy, and agriculture seems to have larger positive effects in reducing poverty than growth in other sectors. Third, agriculture is not only important for individual developing countries, but it has global significance, considering the large presence of developing countries in world agricultural production and the increasing participation in international trade of those products (these three points will be covered in greater detail in Chapter 1).