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Money Targeting in a Modern Forecasting and Policy Analysis System: an Application to Kenya

Author/Editor: Michal Andrle, Andrew Berg, Enrico Berkes, Rafael A Portillo, Jan Vlcek, R Armando Morales.

Release Date: November, 2013

Price: $18.00

We extend the framework in Andrle and others (2013) to incorporate an explicit role for money targets and target misses in the analysis of monetary policy in low-income countries (LICs), with an more...



Forecasting and Monetary Policy Analysis in Low-Income Countries: Food and non-Food Inflation in Kenya

Author/Editor: Michal Andrle, Andrew Berg, R Armando Morales, Rafael Portillo, Jan Vlcek.

Release Date: March, 2013

Price: $18.00

We develop a semi-structural new-Keynesian open-economy model, with separate food and non-food inflation dynamics, for forecasting and monetary policy analysis in low-income countries and apply it to more...



Seychelles: Fifth Review Under the Extended Arrangement, Request for Modification of Performance Criteria, and Financing Assurances Review - Staff Report; Press Release on the completion of the Review.

Release Date: September, 2012

Price: $18.00

Tunisia: 2012 Article IV Consultation - Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Tunisia

Release Date: September, 2012

Price: $18.00

Islamic Republic of Mauritania : Selected Issues Paper

Release Date: August, 2012

Price: $18.00

Despite a relatively high GDP growth rate over the past decade (2000–10), economic growth in Mauritania has not been able to make a significant dent in poverty. Rapid and sustained poverty more...



South Africa: 2012 Article IV Consultation - Staff Report Informational Annex Debt Sustainability Analysis Staff Statement Public Information Notice : South Africa: 2012 Article IV Consultation - Staff Report Informational Annex Debt Sustainability Analysis Staff Statement Public Information Notice

Release Date: August, 2012

Price: $18.00

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff more...



Botswana: Staff Report for the 2012 Article IV Consultation

Release Date: August, 2012

Price: $18.00

Malawi: 2012 Article IV Consultation and Request for a New Arrangement Under the Extended Credit Facility - Staff Report; Staff Supplements; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Malawi.

Release Date: August, 2012

Price: $18.00

Angola: Staff Report for the 2012 Article IV Consultation and Post Program Monitoring

Release Date: August, 2012

Price: $18.00

Islamic Republic of Mauritania : 2012 Article IV Consultation and Fourth Review Under the Three-Year Extended Credit Facility Arrangement, and Requests for Waivers of Nonobservance and Modification of Performance Criteria-Staff Report and Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Islamic Republic of Mauritania

Release Date: August, 2012

Price: $18.00

The 2012 Article IV Consultation and Fourth Review under the three-year Extended Credit Facility (ECF) Arrangement discusses the macroeconomic conditions of the Islamic Republic of Mauritania. more...



A Financial Conditions Index for South Africa

Author/Editor: Nombulelo Gumata, Nir Klein, Eliphas Ndou.

Release Date: August, 2012

Price: $18.00

The main purpose of this paper is to construct a financial conditions index (FCI) for South Africa. The analysis extracts the index by applying two alternative approaches (principal component more...



Ghana: Sixth and Seventh Reviews Under the Three-Year Arrangement Under the Extended Credit Facility and Requests for Waiver of Nonobservance of Performance Criteria and Extension of the Arrangement—Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Ghana.

Release Date: July, 2012

Price: $18.00

Zambia: Staff Report for the 2012 Article IV Consultation

Release Date: July, 2012

Price: $18.00

Nigeria: Staff Report for the 2011 Article IV Consultation

Release Date: July, 2012

Price: $18.00

Estimating the Implicit Inflation Target of the South African Reserve Bank

Author/Editor: Nir Klein.

Release Date: July, 2012

Price: $18.00

This paper applies a state-space approach to estimate the implicit inflation target of the South African Reserve Bank (SARB) since the adoption of the Inflation Targeting (IT) framework. The paper's more...



Rwanda : Fourth Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria: Staff Report; Press Release

Release Date: June, 2012

Price: $18.00

The Rwandan economy continued to grow strongly in 2011, and significant progress in poverty reduction has been achieved. The Fourth Review Under the Policy Support Instrument (PSI) highlights that more...



Uganda: Fourth Review Under the Policy Support Instrument and Request for Modification of Assessment Criteria - Staff Report; Staff Supplement; Press Release

Release Date: June, 2012

Price: $18.00

Uganda: Third Review Under the Policy Support Instrument, Request for Waiver of Nonobservance of an Assessment Criterion, and Request for Modification of Assessment Criteria - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Uganda

Release Date: June, 2012

Price: $18.00

How Effective Is Monetary Transmission in Low-Income Countries? A Survey of the Empirical Evidence

Author/Editor: Prachi Mishra, Peter Montiel.

Release Date: June, 2012

Price: $18.00

This paper surveys the evidence on the effectiveness of monetary transmission in low-income countries. It is hard to come away from this review with much confidence in the strength of monetary more...



Liberia: Eighth Review Under the Three-Year Arrangement Under the Extended Credit Facility - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Liberia.

Release Date: May, 2012

Price: $18.00

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