Multiple Exchange Rates Fiscal Deficit And Inflation Dynamics
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Multiple Exchange Rates Fiscal Deficits And Inflation Dynamics
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Author : Mr.Vincent Bodart
language : en
Publisher: International Monetary Fund
Release Date : 1996-05-01
Multiple Exchange Rates Fiscal Deficits And Inflation Dynamics written by Mr.Vincent Bodart and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-05-01 with Business & Economics categories.
The paper explores the inflationary implications of exchange rate regime reforms in a small open economy model combining the public finance view of inflation with multiple exchange markets. To account for the experience of many developing countries, the analysis focuses on transitions to multiple official exchange markets. In those countries, multiple exchange rates were often announced as temporary. The paper shows that the dynamic response of inflation to the reform markedly differ whether the announcement is credible or not. The paper also compares the response of inflation under a fixed crawl of nominal official rates and under the presence of policy rules aimed at reducing the spread between the official and parallel exchange rates.
Multiple Exchange Rates Fiscal Deficit And Inflation Dynamics
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Author : Vincent Bodart
language : en
Publisher:
Release Date : 1996
Multiple Exchange Rates Fiscal Deficit And Inflation Dynamics written by Vincent Bodart and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with categories.
Imf Staff Papers Volume 43 No 3
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Author : International Monetary Fund. Research Dept.
language : en
Publisher: International Monetary Fund
Release Date : 1996-01-01
Imf Staff Papers Volume 43 No 3 written by International Monetary Fund. Research Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-01-01 with Business & Economics categories.
This paper examines the volatility and predictability of emerging stock markets. A range of measures suggests that, despite perceptions to the contrary, the volatility of emerging markets may have fallen rather than risen on average. Also, although the autocorrelations in emerging market returns appear to turn negative at horizons of a year or more, the magnitude of these return reversals is not that much larger than reversals in some mature markets. One interpretation of the results would be that emerging markets have not consistently been subject to fads or bubbles, or at least no more so than in some industrial countries.
Research Activities Of The Imf January 1991 December 1998
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1999-09-24
Research Activities Of The Imf January 1991 December 1998 written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-09-24 with Business & Economics categories.
A selective index of major research papers prepared by IMF staff in 1991-98.
Inflation And The Black Market Exchange Rate In A Repressed Market
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Author : Ms.Valerie Cerra
language : en
Publisher: International Monetary Fund
Release Date : 2016-08-03
Inflation And The Black Market Exchange Rate In A Repressed Market written by Ms.Valerie Cerra and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-08-03 with Business & Economics categories.
This paper presents a stylized general equilibrium model of the Venezuelan economy. The model explains how the recent sharp fall in oil revenue combines with foreign exchange rationing to produce a steep rise in inflation. Counterintuitively, a devaluation of the official exchange rate could temporarily reduce inflation. The model also explains how the hyper-depreciation of the black market exchange rate reflects prices in the most distorted goods markets.
Imf Working Paper
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Author :
language : en
Publisher:
Release Date : 1996
Imf Working Paper written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Finance categories.
Research Activities Of The Imf January 1991 December 1999
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2000-01-01
Research Activities Of The Imf January 1991 December 1999 written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-01-01 with Business & Economics categories.
Research activity in the IMF emphasizes the links between the organization's policy and operational concerns. The main objectives of research is IMF staff understanding of policy and operational issues relevant to the institution, and to improve the analytical quality of the work prepared for management and the Executive Board and the advice provided to member countries. The scope of research in the IMF is defined by the purposes and functions of the institution. In order to foster innovation and ensure quality control, the IMF makes much of its research available outside the institution and encourages staff to interact with academia and other research organizations through conferences, seminars, and occasional joint research projects. The visiting scholar’s program has also enhanced the quality of research done in the IMF. This program brings in leading members of the economics profession from around the world to assist in the preparation of papers for the Executive Board and to conduct research on IMF-related issues.
Multiple Exchange Rates
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Author :
language : en
Publisher:
Release Date : 1996
Multiple Exchange Rates written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with categories.
Imf Survey
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Author : International Monetary Fund. External Relations Dept.
language : en
Publisher: International Monetary Fund
Release Date : 1996-01-01
Imf Survey written by International Monetary Fund. External Relations Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-01-01 with Business & Economics categories.
The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen to podcasts given by top IMF economists on important issues in the global economy. www.imf.org/external/pubs/ft/survey/so/home.aspx
Publications Of The International Monetary Fund
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Author : International Monetary Fund
language : en
Publisher:
Release Date : 1995-10
Publications Of The International Monetary Fund written by International Monetary Fund and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995-10 with International finance categories.