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Commodity Prices and Inflation Expectations in the United States

Author/Editor: Oya Celasun, Roxana Mihet, Lev Ratnovski.

Release Date: March, 2012

Price: $18.00

U.S. monetary policy can remain extraordinarily accommodative only if longer-term inflation expectations stay well-anchored, including in response to commodity price shocks. We find that oil price more...



United States : 2007 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

Release Date: August, 2007

Price: $18.00

This 2007 Article IV Consultation highlights that following an extended boom led by strong domestic demand, the slowdown in the United States has largely reflected a drag from residential investment more...



Mexico : Financial Sector Assessment Program Update: Technical Note: The Pension Annuity Market

Release Date: May, 2007

Price: $18.00

This paper presents a technical note on Mexico’s Financial Sector Assessment Program update. The Mexican experience displays interesting characteristics that provide lessons for other countries more...



Mexico : 2006 Article IV Consultation—Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion

Release Date: October, 2006

Price: $18.00

Mexico’s two main economic policy challenges are to fully entrench stability and to remove remaining obstacles to economic growth, necessary to end poverty. The floating exchange rate policy more...



Monetary Magic? How the Fed Improved the Flexibility of the U.S. Economy

Author/Editor: Silvia Sgherri, Tamim Bayoumi.

Release Date: February, 2004

Price: $15.00

Extending recent theoretical contributions on sources of inflation inertia, we argue that monetary uncertainty accounts for sluggish expectations adjustment to nominal disturbances. Estimating a more...