 | Exchange Rate Developments and Policies in the Caucasus and Central Asia Author/Editor: Mark A Horton, Hossein Samiei, Natan P Epstein, Kevin Ross. Release Date:May, 2016 Since late 2014, exchange rates (ERs) and ER regimes of the Caucasus and Central Asia (CCA) countries have come under strong pressure. This reflects the decline of oil and other commodity prices, more...
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| Computing Cyclically-Adjusted Balances and Automatic Stabilizers Author/Editor: Annalisa Fedelino, Mark A. Horton, Anna Ivanova. Release Date:December, 2009 This technical note focuses on computing cyclically adjusted balances and automatic stabilizers. The note provides guidance on how to decompose overall fiscal balances into cyclical and cyclically more...
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