Tags → monetary


Monetary and Exchange Rate Policy in Belarus: Analysis and Recommendations
May 15, 2007 09:50

This paper describes and evaluates the current monetary and exchange rate policy of the National Bank of Belarus.

The Relationship Between Monetary and Fiscal Authorities: A Survey of the Issues
May 15, 2007 09:50

This analytical paper observes that regardless the fact that fiscal policy and monetary policy have common objectives, the instruments used differ.

Financial Crisis in Moldova - Causes and Consequences
May 15, 2007 09:51

The report starts with analyzing the monetary reforms of 1993-1997, unsustainable fiscal policy of 1993-1997 are discussed afterwards and the crisis of 1998 with consequences and policy responses will be described in the last chapter.

A Fiscal Rule That Has Teeth: A Suggestion for a “Fiscal Sustainability Council»
May 15, 2007 09:51

The paper examines an efficient fiscal-policy framework for a monetary union.

Monetary Policy Adjustments on the Final Passage towards the Euro
May 15, 2007 09:51

This study reviews monetary policy options that are seemingly viable for adopting the euro by the new Member States of the European Union.

A Strategy for EMU Enlargement
May 15, 2007 09:51

This paper summarizes the results of CASE's research project on 'Strategies for Joining the EMU' and proposes policy recommendations both for new member states and for the European Commission, ECB and old member states.

Sterilization Activities and Lender of Last Resort in Recent Currency Board-Like Countries
May 15, 2007 09:51

This paper empirically analyses discretionary monetary activities in recent currency board-like countries.

Responses to Monetary Policy Shocks in the East and the West of Europe: A Comparison
May 15, 2007 09:53

This paper estimates responses to monetary shocks for several of the current members of the EMU (in the pre-EMU sample) and for the Central and East European (CEE) countries, along with the mean response in each of the groups.

Monetary Policy Transparency in Inflation Targeting Countries: the Czech Republic, Hungary and Poland
May 15, 2007 09:53

This paper quantifies transparency of monetary policy in the three EU New Member States that have adopted direct inflation targeting strategy.

The Stability and Growth Pact – Essential and Unfeasible
May 17, 2007 10:25

The current paper deals with fiscal as well as monetary rules in a monetary union aiming at low inflation, the main weaknesses in the Stability and Growth Pact, and proposals for its reform.

Uneven Growth in a Monetary Union: on the Possible Implications for its Slow-Growing Members
May 15, 2007 09:53

This paper attempts to explore the basic implications of differences in productivity growth rates in countries within a monetary union and tailor them to the case of the EU new member countries running up to the EMU.

Monetary Policy in Transition: Structural Econometric Modelling and Policy Simulations.
May 15, 2007 09:53

This paper estimates a Bayesian structural VAR models for the Czech Republic and Poland, allowing for changes in parameters between the two monetary policy arrangements.

Inflation and Monetary Policy in Russia: Transition Experience and Future Recommendations
May 15, 2007 09:53

This paper seeks the main factors behind inflation in Russia over the period 1996–2001.

Poland's Accession to the EMU
May 15, 2007 09:53

This paper is focused on the development of a proper macroeconomic strategy in the process of Poland's accession to the European Monetary Union.

VAR-ing Monetary Policy in Poland
May 15, 2007 09:53

The paper makes an attempt to estimate the effects of monetary policy shocks on the economy.

Monetary Policy in Ukraine in 1996-1999
May 15, 2007 09:53

This paper examines the profile of monetary policy conducted in Ukraine since the introduction of the new domestic currency – hryvnia.

Demand for money and monetization in the economy of countries going through transformation process.
May 15, 2007 09:53

This publication first briefly considers the initial stage of “unfreezing monetary shed” process, then discusses developed levels of monetization, which are compared with levels of monetization in other countries and analyses in comparison with cumulative levels of inflation and incomes of individuals in the countries.

Limitations of monetary policy and perspectives of financial deficit in the public budget of Kyrgyz Republic during 1998-2001.
May 15, 2007 09:53

Current research aims at identifying limitations of the monetary policy in the National Bank of Kyrgyzstan and the consequences of decreasing inflation in the following years.

The system of budgeting-taxing and public finances in Georgia during 1997-1998.
May 15, 2007 09:53

The paper considers general characteristics of changes in public finances and monetary politics during 1996-1998.

Perspectives of financing budget deficit in Kyrgyz Republic during 1997-2000.
May 15, 2007 09:53

This paper concentrates on defining a desired scenario on decreasing the inflation and consequences for the monetary policy of National Bank in Kyrgyzstan.