![India`s Macroeconomic Performance and Policies since 2000](http://s1.studyres.com/store/data/006848061_1-23ca3fe300ae7c705cb5c8557d16a821-300x300.png)
India`s Macroeconomic Performance and Policies since 2000
... controlled prices of key petroleum distillates, fertilizers and food grains in the face of sharply rising international prices. ...
... controlled prices of key petroleum distillates, fertilizers and food grains in the face of sharply rising international prices. ...
NBER TECHNICAL WORKING PAPERS SERIES FINANCIAL INTERMEDIATION AND MONETARY
... deposits and currency for goods is made no further portfolio reshuffling ...
... deposits and currency for goods is made no further portfolio reshuffling ...
Parkin-Bade Chapter 34
... Inflation rate targeting is a monetary policy strategy in which the central bank makes a public commitment 1. To achieve an explicit inflation target 2. To explain how its policy actions will achieve that target Several central banks practice inflation targeting and have done so since the mid-1990s. ...
... Inflation rate targeting is a monetary policy strategy in which the central bank makes a public commitment 1. To achieve an explicit inflation target 2. To explain how its policy actions will achieve that target Several central banks practice inflation targeting and have done so since the mid-1990s. ...
4. The Euro Area Enlargement
... Exchange Rate Stability: ERM II Lithuania: the Lithuanian litas joined the Exchange Rate Mechanism II (ERM II) on 28 June 2004 and observes a central rate of 3.45280 and standard fluctuation margins (±15%) vis-à-vis the euro. Lithuania unilaterally maintains a euro-based currency board. Malta: the M ...
... Exchange Rate Stability: ERM II Lithuania: the Lithuanian litas joined the Exchange Rate Mechanism II (ERM II) on 28 June 2004 and observes a central rate of 3.45280 and standard fluctuation margins (±15%) vis-à-vis the euro. Lithuania unilaterally maintains a euro-based currency board. Malta: the M ...
How international investment income flows affect Australia`s balance
... bonds. Both have tended to come down over the past decade as lower inflation has become firmly established both in Australia and major overseas economies. The recent rise in global bond yields should gradually be reflected in increased average yields earned by Australian investors as old bonds matur ...
... bonds. Both have tended to come down over the past decade as lower inflation has become firmly established both in Australia and major overseas economies. The recent rise in global bond yields should gradually be reflected in increased average yields earned by Australian investors as old bonds matur ...
Prospects for inflation
... (a) Charts 5.9 and 5.10 represent cross-sections of the CPI inflation fan chart in 2013 Q4 and 2014 Q4 for the market interest rate projection. They have been conditioned on the assumption that the stock of purchased assets financed by the issuance of central bank reserves reaches £325 billion and r ...
... (a) Charts 5.9 and 5.10 represent cross-sections of the CPI inflation fan chart in 2013 Q4 and 2014 Q4 for the market interest rate projection. They have been conditioned on the assumption that the stock of purchased assets financed by the issuance of central bank reserves reaches £325 billion and r ...
NBER WORKING PAPER SERIES THE ROLE OF FINANCIAL STRUCTURE
... A characteristic of the current European crisis is that countries in its periphery have found themselves increasingly cut off from international financial markets. In the present study, we ask how such changes in the financial structure influence the welfare consequences of maintaining a fixed excha ...
... A characteristic of the current European crisis is that countries in its periphery have found themselves increasingly cut off from international financial markets. In the present study, we ask how such changes in the financial structure influence the welfare consequences of maintaining a fixed excha ...
Jonathan Turnovsky PAPER SERIES
... UIP. Also, the exchange rate and domestic price level are homogeneous of degree one, and the interest rate homogeneous of degree zero, in the supplies of both domestic assets taken together, and not just money.5 Sections III and IV examine the transition between steady states, a subject which has be ...
... UIP. Also, the exchange rate and domestic price level are homogeneous of degree one, and the interest rate homogeneous of degree zero, in the supplies of both domestic assets taken together, and not just money.5 Sections III and IV examine the transition between steady states, a subject which has be ...
End of an Epoch: Britain`s Withdrawal from the Gold Standard
... goods – not just demand for financial assets – and excess money is definitely spent not just hoarded (under the bed or somewhere else). These two assumptions are Say’s Law and the quantity theory of money – two of the pillars of monetarism in its various guises. Next introduce a gold standard where ...
... goods – not just demand for financial assets – and excess money is definitely spent not just hoarded (under the bed or somewhere else). These two assumptions are Say’s Law and the quantity theory of money – two of the pillars of monetarism in its various guises. Next introduce a gold standard where ...
Foreign exchange turnover: trends in New Zealand and abroad
... classification, where HKD and SGD are treated as emerging market currencies. Elsewhere in this commentary we classify these two currencies as developed market currencies, in line with the MSCI definitions. ...
... classification, where HKD and SGD are treated as emerging market currencies. Elsewhere in this commentary we classify these two currencies as developed market currencies, in line with the MSCI definitions. ...
Chapter_16
... Assume that you have deposited $1,000 dollars in your checking account. The bank doesn’t keep all of your money, but rather lends out some of it to businesses and other people. The portion of your original $1,000 that the bank needs to keep on hand, or not loan out, is called the required reserve ra ...
... Assume that you have deposited $1,000 dollars in your checking account. The bank doesn’t keep all of your money, but rather lends out some of it to businesses and other people. The portion of your original $1,000 that the bank needs to keep on hand, or not loan out, is called the required reserve ra ...
The Asian Crises Reexamined
... India had a sufficient combination of high reserves and strong fundamentals so that they wouldn’t have been hit even if they hadn’t had controls. Like several other recent studies, our statistical analysis finds a positive rather than negative correlation between capital controls and currency crise ...
... India had a sufficient combination of high reserves and strong fundamentals so that they wouldn’t have been hit even if they hadn’t had controls. Like several other recent studies, our statistical analysis finds a positive rather than negative correlation between capital controls and currency crise ...
Working paper 09-13
... receipts accruing to the government and with this its possibility to save the inflow and use it to allocate resources to key sectors of the economy. As mentioned in the analysis of the literature on commodity booms, the best response to a shock is to stretch investments until the boom is over, throu ...
... receipts accruing to the government and with this its possibility to save the inflow and use it to allocate resources to key sectors of the economy. As mentioned in the analysis of the literature on commodity booms, the best response to a shock is to stretch investments until the boom is over, throu ...
What Will Happen When Foreigners Stop Lending to the United
... “Why is the United States, with the world’s largest economy, borrowing heavily on international capital markets—rather than lending, as would seem more natural? … [O]ver the past decade a combination of diverse forces has created a significant increase in the global supply of saving—a global saving ...
... “Why is the United States, with the world’s largest economy, borrowing heavily on international capital markets—rather than lending, as would seem more natural? … [O]ver the past decade a combination of diverse forces has created a significant increase in the global supply of saving—a global saving ...
Financial Accounting and Accounting Standards
... Recording and reporting problems with foreign currency transactions: Transactions in a foreign currency must be translated before they can be aggregated with domestic transactions. Receivables or payables denominated in foreign currencies are subject to gains and losses. Companies use hedging strate ...
... Recording and reporting problems with foreign currency transactions: Transactions in a foreign currency must be translated before they can be aggregated with domestic transactions. Receivables or payables denominated in foreign currencies are subject to gains and losses. Companies use hedging strate ...
Europe`s Great Depression: coordination failure after the First World
... of payments, not to support domestic macroeconomic policies. In a nutshell these rules provided that whenever gold flowed into a country a central bank should increase the supply of national currency, and, similarly, whenever gold flowed out, the central bank was expected to contract its domestic as ...
... of payments, not to support domestic macroeconomic policies. In a nutshell these rules provided that whenever gold flowed into a country a central bank should increase the supply of national currency, and, similarly, whenever gold flowed out, the central bank was expected to contract its domestic as ...
Consumption Baskets and Currency Choice in International Borrowing
... The existing international finance literature has identified currency mismatch associated with the large prevalence of foreign currency in external borrowing as a key contributor to the vulnerability and volatility of emerging market economies (see e.g., Eichengreen and Hausmann 1999 and Goldstein a ...
... The existing international finance literature has identified currency mismatch associated with the large prevalence of foreign currency in external borrowing as a key contributor to the vulnerability and volatility of emerging market economies (see e.g., Eichengreen and Hausmann 1999 and Goldstein a ...
PDF
... expansionary financial policies, such as expanding government spending. The IMF program is also usually based on the assumption that exchar~ge rate and trade controls do not exist, but such controls are actually pervasive in LIe's. The IMF also assumes that the LIC will use all of the IMF's recommen ...
... expansionary financial policies, such as expanding government spending. The IMF program is also usually based on the assumption that exchar~ge rate and trade controls do not exist, but such controls are actually pervasive in LIe's. The IMF also assumes that the LIC will use all of the IMF's recommen ...
Exchange Rate Management within the Middle East
... “management” of the exchange rate. De facto exchange rate regimes according to Levy-Yeyati/Sturzenegger (2000), determined by looking at the actual behavior of three variables closely related to exchange rate behavior: exchange rate volatility, volatility of exchange rate changes, and volatility of ...
... “management” of the exchange rate. De facto exchange rate regimes according to Levy-Yeyati/Sturzenegger (2000), determined by looking at the actual behavior of three variables closely related to exchange rate behavior: exchange rate volatility, volatility of exchange rate changes, and volatility of ...
Effect of Exchange Rate on Non-Oil Exports of OPEC Countries
... increase in exchange rate and vice versa. Because with increased official rate of exchange, the actual value of domestic currency decreases and domestic goods will be cheaper for foreigners and exports will increase. Also, considering the model estimation it is seen that in OPEC countries there is a ...
... increase in exchange rate and vice versa. Because with increased official rate of exchange, the actual value of domestic currency decreases and domestic goods will be cheaper for foreigners and exports will increase. Also, considering the model estimation it is seen that in OPEC countries there is a ...
Empirical Analysis on the Validity of Chinese Monetary Policy under
... First, the practical money demand is higher than the region of the virtual value of the virtual value theoretical model occurred in 2007 and 2008. In early 2007, American subprime mortgage crisis began to appear, but had very little influence on China. In the second half of 2007, the financial storm ...
... First, the practical money demand is higher than the region of the virtual value of the virtual value theoretical model occurred in 2007 and 2008. In early 2007, American subprime mortgage crisis began to appear, but had very little influence on China. In the second half of 2007, the financial storm ...
Slide 1
... GDP price deflator in the case of the original formulation of the rule; HICP (Harmonized Index of Consumer Prices) in the case of the ECB and BoE; all in terms of the headline definition; PCE (Personal Consumption Expenditures) in the case of the Fed, with a preference for the core price index, ...
... GDP price deflator in the case of the original formulation of the rule; HICP (Harmonized Index of Consumer Prices) in the case of the ECB and BoE; all in terms of the headline definition; PCE (Personal Consumption Expenditures) in the case of the Fed, with a preference for the core price index, ...
Debt-Creating Capital Flows and their Macroeconomic Implications
... causing various types of crises. As of January 1st of 2014 Ukraine’s gross external debt amounted to 142.5 bn USD or 78.4% of GDP; and bore witness to a high degree of openness of the national economy to international capital flows. According to World Bank data on emerging markets and developing eco ...
... causing various types of crises. As of January 1st of 2014 Ukraine’s gross external debt amounted to 142.5 bn USD or 78.4% of GDP; and bore witness to a high degree of openness of the national economy to international capital flows. According to World Bank data on emerging markets and developing eco ...
Foreign-exchange reserves
Foreign-exchange reserves (also called forex reserves or FX reserves) are assets held by a central bank or other monetary authority, usually in various reserve currencies, mostly the United States dollar, and to a lesser extent the euro, the pound sterling, and the Japanese yen, and used to back its liabilities—e.g., the local currency issued, and the various bank reserves deposited with the central bank by the government or by financial institutions.