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Lost in Transmission? The Effectiveness of Monetary Policy Transmission Channels in the GCC Countries

Author/Editor: Serhan Cevik, Katerina Teksoz.

Release Date: July, 2012

Price: $18.00

This paper empirically investigates the effectiveness of monetary policy transmission in the Gulf Cooperation Council (GCC) countries using a structural vector autoregressive model. The results more...



Jordan: Selected Issues

Release Date: May, 2012

Price: $18.00

Monetary Policy Transmission in the GCC Countries

Author/Editor: Raphael A. Espinoza, Ananthakrishnan Prasad.

Release Date: May, 2012

Price: $18.00

The GCC countries maintain a policy of open capital accounts and a pegged (or nearly-pegged) exchange rate, thereby reducing their freedom to run an independent monetary policy. This paper shows, more...



Bank of Japan's Quantitative and Credit Easing: Are They Now More Effective

Author/Editor: Pelin Berkmen.

Release Date: January, 2012

Price: $18.00

This paper asks whether the BoJ's recent experience with unconventional monetary easing has been effective in supporting economic activity and inflation. Using a structural VAR model, the paper finds more...



Desynchronized : The Comovement of Non-Hydrocarbon Business Cycles in the GCC

Author/Editor: Serhan Cevik.

Release Date: December, 2011

Price: $18.00

This paper investigates the empirical characteristics of business cycles and the extent of cyclical comovement in the Gulf Cooperation Council (GCC) countries, using various measures of more...



Inflation Differentials in the GCC : Does the Oil Cycle Matter?

Author/Editor: Oral Williams, Kamiar Mohaddes.

Release Date: December, 2011

Price: $18.00

This paper uses a pairwise approach to investigate the main factors that have been driving inflation differentials in the Gulf Cooperation Council (GCC) region for the past two decades. The results more...



Kuwait : Financial Sector Assessment Program—Detailed Assessments of Observance of Standards and Codes—International Organization of Securities Commission (IOSCO)—Objectives and Principles of Securities Regulation

Release Date: November, 2004

Price: $15.00

The Detailed Assessments of the Observance of Standards and Codes on the IOSCO Objectives and Principles of Securities Regulation on Kuwait review preconditions for effective securities regulation. more...